A new lithium battery system suitable for military vehicles, introduced by A123 Systems, has the potential to provide military vehicles with a lighter, more durable system for starting engines and enhancing stealth. With an already large fleet of 6T batteries, the use of lithium in Military 6T Batteries could spike lithium demand.
With international trade related indicators, such as export orders and container shipping rates, pointing towards weaker global trade growth, the lithium market outlook may face some challenges. However, a case can also be made that in the absence of last year's unpredictable natural events a more positive business and overall investment climate may return for lithium producers and juniors.
Force Energy Corp. (OTCBB:FORC,FWB:FC2) announced that Phase 1 due diligence is now complete on the company's Zoro 1 property.
Critical Elements Corporation (CVE:CRE,FRA:F12,OTC:CRECF) announced that it has begun exploration at the Rocky Mountain properties in British Columbia.
Nortec Minerals Corp. (CVE:NVT) reports the appointment of Watts Griffiis McOuat to prepare an independent NI 43-101 compliant mineral resource estimate and technical report on its Läntinen Koillismaa PGE+Au-Cu-Ni (“LK”) project, Northern Finland. WGM and Dr. Iljina have extensive experience working with the Koillismaa layered igneous complex, which hosts the LK Project. Dr. Iljina, through his extensive prior [...]
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 [...]
Stockhouse.ca reports since the Gulf oil spill , President Barack Obama backs Lithium developers. One of the lithium exploration and development companies that is moving as fast as possible to capitalize on the burgeoning demand for lithium, particularly in the United States, is Rodinia Lithium Inc. (TSX: V.RM, Stock Forum). Rodinia Lithium’s (CVE:RM) President, William Randall says: “We’re [...]
Salares Lithium(CVE:LIT) & Talison Minerals report a merger to combine their respective lithium assets and create the world’s largest, publicly traded lithium production and exploration company. The merger will combine Talison’s world class lithium minerals production in Australia with Salares’ prospective, large scale lithium brines exploration project in Chile. Upon completion of the proposed transaction, the combined entity will [...]
Canada Lithium Corp. announced that it will begin trading on the Toronto Stock Exchange as early as Thursday, June 24. The market responded very positively to the press release, with share prices for Canada Lithium on the Venture Exchange trading 4 percent higher than the previous day’s close, at CAD $ .52.
As South Korea imports 97 percent of its energy and mineral resources, a strong move to secure a reliable lithium supply adds to the existing wave of Asian companies developing projects in the lithium rich salt lakes in the north of Argentina.
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