This Is What The Car Battery Of The Future Looks Like
Robert Scoble reports on Business Insider that IBM is at the forefront of the effort to develop the car battery of the future with its development of the lithium air super-battery.
Robert Scoble reports on Business Insider that IBM is at the forefront of the effort to develop the car battery of the future with its development of the lithium air super-battery.
Resource Investor reports that an overview of all three markets, including supply-demand and price predictions, was given this week at the annual Investing in African Mining Indaba conference here by Lara Smith, a commodities analyst who founded and is managing director of Core Consultants.
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”) [...]
Rodinia Lithium reports (CVE:RM) its closing of Cdn$5 million equity financing. The financing consisted of 16,875,332 units of the Company (the “Units“) sold at $0.30 per Unit for gross proceeds of $5,062,599, including the partial exercise of the Agents’ over-allotment option for 175,332 Units. For complete news release, click here. For Rodinia’s company profile, click here.
Nortec Minerals Corp. (CVE:NVT) reports assay results from the recently completed exploration drill programme on the Marttalanniemi prospect, Seinajoki gold project, Finland. The Company has an option to earn a 100% interest in the Seinajoki Project from Akkerman Exploration B.V. (“AEbv”), a private company based in the Netherlands. For complete news release, click here. For Nortec [...]
Salares Lithium Inc. (CVE:LIT) & Talison Minerals report a proposed merger to combine their respective lithium assets. Talison and Salares have agreed to extend the termination date of the Letter Agreement that sets out the terms upon which the proposed merger will be implemented from August 9, 2010 to August 12, 2010 in order to allow the parties [...]
A lithium-ion battery from A123 Systems (NAS:AAONE) will power the world's first premium plug-in hybrid electric vehicle (PHEV), the Fisker Karma. The Karma will begin a two-month program that will stop in three Canadian provinces and 26 US states targeting 42 cities.
Lithium investors and many automaker stakeholders welcome the uniformity of a national standards, although the application of these standards are expected to raise the cost of vehicle production an estimated $434 per vehicle in 2012, and escalating to $926 per vehicle in 2016.
“What you're looking for is lithium development companies that can play that role producing inexpensive battery grade lithium . . . It's companies similar to the ones we have under coverage like Western Lithium Corp (TSX-V:WLC), Rodinia Minerals Inc (TSX-V:RM) and Salares Lithium Inc. (TSX-V:LIT).”
While analysts are still debating the net impact of health-care reform on a multitude of factors (including the fiscal deficit and health-care outcomes per dollar), Jared Bernstein, Chief Economist for the Vice President seems to be already diverting focus to other challenges including green technology.
Get our independent commentary on lithium trends and companies delivered to your inbox.