Posted by admin on Sep 30, 2016 in Industry News | 0 comments
Panasonic Corporation announced today that it has developed a Flexible Lithium-ion Battery with a thickness of only 0.55mm, or about 0.022 inches. Suitable for use in card-type and wearable devices, this rechargeable battery can retain its characteristics even after repeatedly bent into a radius of 25mm or twisted to an angle of 25 degrees.
Card devices, which are often carried in wallets or pockets, require internal components that can withstand bending and twisting. Slim lithium-ion batteries are used in such devices, but these batteries can degrade when they are bent or twisted, resulting in shorter operating time for the devices.
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Posted by admin on Sep 28, 2016 in Industry News | 0 comments
TSXV: NEV VANCOUVER, Sept. 28, 2016 /CNW/ – Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSXV: NEV) today announced that, further to its news release of August 29, 2016, it has entered into an agreement (the “Amending Agreement”) with Advantage Lithium Corp (“Advantage”) (TSXV: AAL) and Resolve Ventures Inc. (“Resolve”) (TSXV: RSV) that amends its May 3, 2016 joint venture and option agreement with Resolve (the “Resolve Agreement”). Pursuant to the Resolve Agreement, Resolve had the right to earn up to a 50% working interest in the Neptune lithium property (“Neptune”, or the “Property”) located in the Clayton Valley, Nevada. Nevada Sunrise holds an option to acquire a 100% interest in Neptune pursuant to an underlying agreement with the owner of the Property (the “Vendor”), subject to a 3% gross overriding royalty. For further details on the Resolve Agreement, see Nevada Sunrise news release dated May 4, 2016.
Neptune Option Amending Agreement
The Amending Agreement supersedes the Resolve Agreement between Nevada Sunrise and Resolve. In May 2016, Resolve fulfilled the obligations of its initial 25% earn-in for Neptune, and according to the Amending Agreement has agreed to terminate its right to a second stage earn-in where Resolve could have increased its interest to 50%. Nevada Sunrise has granted, with the consent of Resolve, Advantage Lithium Corp. (“Advantage”) the option (the “Neptune Option”) to earn up to a 50% interest in Neptune, with Nevada Sunrise retaining a 25% interest and Resolve retaining its earned 25% interest. Upon Advantage exercising its option to earn a 50% interest, a 3-way joint venture will be formed, with Nevada Sunrise and Resolve each retaining a 25% interest.
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Posted by admin on Sep 27, 2016 in Featured, Industry News | 0 comments
The lithium-ion battery needs of electric and hybrid vehicles are driving demand, Image courtesy of Market One Media
Investors with exposure to lithium are expected to reap some nice returns in the near-term, says Gwen Preston, founder of Vancouver-based Resource Maven. “Some have done very well in 2016 and share prices will move again as lithium demand and price increases continue to draw attention,” she says.
What’s the driver?
In recent years, the lithium-ion battery has changed the demand profile for the resource. Personal electronics are growing at a rate faster than population growth, which is driving the need for small batteries. Then there are the battery needs of hybrid and electric vehicles.
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Posted by admin on Sep 27, 2016 in Industry News, Uncategorized | 0 comments
Highlights
- An average mining rate (open pit) of 950,000 tonnes per year would yield an average annual production of 14,600 tonnes of lithium hydroxide for 10 years and 100,000 tonnes per year of feldspar mineral concentrate for 20 years, as it would continue to be recovered from previously processed material for an additional 10 years after the initial 10 year mine life.
- The discounted cash flow (“DCF”) analysis yields a 19% internal rate of return (“IRR”) on a pre-tax basis and a 16% IRR on an after-tax basis, assuming 100% equity financing. The Project’s net present value (“NPV”) at an 8% discount rate is CAD$343 million pre-tax and CAD$228 million after-tax.
- Total Project construction capital costs are estimated at $514 million, which is inclusive of $86 million in contingencies and $7 million in sustaining capital.
TORONTO, Ontario, Sept. 27, 2016 — Avalon Advanced Materials Inc. (TSX:AVL) and (OTCQX:AVLNF) (“Avalon” or the “Company”) is pleased to announce the completion of a positive Preliminary Economic Assessment (“PEA”) for its 100% owned Separation Rapids Lithium Project (the “Project”), Kenora, Ontario. The PEA was prepared under the oversight of Micon International Limited (“Micon”).
The Separation Rapids Lithium Deposit (the “Deposit”) was originally evaluated by Avalon in 1997-2000 as a potential producer of lithium minerals for glass-ceramics under a pre-feasibility study (which was also prepared by Micon). The purpose of this 2016 PEA was to investigate the potential for recovery of a lithium product suitable for the battery market from the same lithium resource, and the results confirm a technically viable process and positive economics for the recovery of a battery-grade lithium hydroxide product.
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Posted by admin on Sep 26, 2016 in Featured, Lithium News, Uncategorized | 0 comments
The amount of lithium being produced in North America will not be enough to meet the growing demand for electrical vehicles, but the problem could be alleviated through recycling, a renowned authority on specialty metals said in a recent teaser video for his upcoming presentation at the Mines and Money show in Toronto.
Jack Lifton, senior editor for InvestorIntel Corp. and a consultant, author, and lecturer on technology metals such as cobalt, lithium and graphite, says he is perplexed as to why, when lithium-ion batteries have reached end of life, more are not recycled instead of landfilled. According to an article written by Palladium Energy, the U.S. EPA considers lithium-ion batteries “safe” for disposal in contrast to nickel-cadmium and lead-based battery products.
“We don’t produce enough lithium, cobalt or spherical graphite in North America to make even a fraction of the vehicles Mr. Musk tells us he’s going to be making by 2018”
The article notes the low economic gains to be made from lithium battery recycling, with the scrap value of lithium at least one-tenth of the value of lead.
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