The government aims to boost supplies of the two resources from Korean-owned mines up to 10 percent of annual requirements next year from 5.5 percent this year. Korea plans to increase stockpiles of about 30 minor metals including lithium and rare earths, to the equivalent of 13.5 days of consumption next year from 8.1 days this year.
Rock Tech Lithium Inc. (CVE:RCK) reports closing of its acquisition of all of the issued and outstanding shares of Brandon Exploration Inc., a private BC company and holder of certain lithium exploration properties, Quebec.
Thestreet.com reports that the investment community is increasingly considering the makers of rechargeable lithium batteries for these cars as an investment opportunity.
Habanero Resources Inc. (CVE:HAO) acquires approximately an additional 20,000 acres via Gestim bordering Beaufield Resources Inc.’s Tortigny Prospect, approximately 125 kilometres northwest of Chibougamou, Quebec.