Archive for September, 2010

Rodinia’s Auger Drilling Extends Near Surface High-Grade Lithium-Potash Zone

Rodinia Lithium Inc. (CVE:RM) reports further sample results from its auger drill exploration program on its Salar de Diablillos lithium-brine project, Argentina. The completion of an additional 38 sample holes has extended the previously defined 2.5 km by 4.0 km high-grade lithium-potash zone near surface by an additional 1.5 km along strike (see Press Release dated [...]

Creat Resources Hld – Update on Galaxy Project Finance

Creat Resources Holdings Limited (LON:CRHL) announced that Galaxy Resources Ltd, in which it holds a 19.99% stake, has drawn down a US$105 million project finance facility to support the development of a lithium carbonate processing facility in Jiangsu Province, China.

Lomiko Sees Long Term Recovery of Soda Ash Prices As A Positive Sign

Lomiko Metals Inc. (CVE:LMR) reports continued trend of rising Soda Ash prices as a sign of recovery for junior exploration companies in the long run. FMC will increase prices for Soda Ash $ 10/short ton to a minimum of $ 260/ton based on bulk shipping rates. Prices are volatile and subject to change on a contract to contract [...]

Lomiko Metals – Prime Lithium Position in Chile

Lomiko Metals Inc. (CVE:LMR) is a Canadian-based junior company whose objective is to increase shareholder value through the acquisition and exploration of high quality mineral mining projects and development into a fully integrated battery supplier.

Salares Lithium and Talison Lithium Complete Merger

Salares Lithium Inc. (CVE:LIT) and Talison Lithium Limited (TSE:TLM) report its completion merger of the two companies with immediate effect. Talison ordinary shares will commence trading on the TSX under the symbol “TLH” at the market open tomorrow, September 23, 2010. Salares’ CEO Todd Hilditch states: “It was very clear to our management team that from the day we engaged in [...]

Rodinia Lithium Inc. to Present Alongside the Major Automotive and Battery OEMs

Rodinia Lithium (CVE:RM) reports that it will participate in the EV Battery Tech USA conference in Troy, Michigan on September 21 and 22, 2010. The EV Battery Tech USA conference is an event where senior executives from the vehicle manufacturers and next generation battery suppliers gather to discuss how the latest technical research on electric vehicle (“EV”) [...]