Increasing the Storage Capacity of Lithium Batteries $DGO.ca $FMR.ca $BFF.ca
Tell us about BioSolar.
BioSolar is developing electrode material technologies to increase the storage capacity, lower the cost and extend the life of lithium-ion batteries. BioSolar initially focused its development effort on high capacity cathode materials since most of today’s Li-ion batteries are “cathode limited.” With the goal of creating the company’s next generation super battery technology, BioSolar is also investigating high energy anode materials recognizing the fact that the overall battery capacity is determined by combination of both cathode and anode.
Tell us a little bit about yourself and what brought you to this work at BioSolar.
I have been working on lithium-ion battery development since 1998 when I was a graduate student in South Korea. I remember how exciting and happy I was with certain battery materials I was able to synthesize in the lab. Prior to starting my PhD work at Marquette University, I worked for LG developing batteries. After obtaining my PhD in Electronic Material, I then joined Johnson Controls Inc., Battery Tech Center also located in Milwaukee, WI in 2008.
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Why Lithium Is Set to Take Off Before Christmas $BFF.ca $DGO.ca $FMR.ca
From the age of gold to the age of coal, and then oil, we are now entering the age of lithium–and, more importantly, we’re at the crucial junction where this increasingly precious metal lives up to its newest moniker of “the white gasoline”. Prices have tripled, supply is already tight, and demand is poised to make new barons out of today’s lithium explorers.
More to the point, this is the moment when investment turns into profit; the moment when everyone stops hedging solid bets on lithium, and it all becomes a very profitable reality.
The supercharged electric vehicle industry may be in a bit of a panic over readily available lithium supply, but the problem isn’t supply itself–lithium is quite abundant. The problem is finding and developing new supply to keep pace with voracious new demand.
It’s also about looking beyond the obvious and casting a wider exploration net. The land rush is already on in full force in the Clayton Valley in Nevada—ground zero for the American lithium boom. Nevada’s geology tells a much more lucrative story, and so far we’ve only got the introduction.
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Durango’s Neighbour Discovers New Mineralized Zone at Whabouchi $DGO.ca
- Expects assay results soon for its initial reconnaissance program at its 100%-owned NMX group of properties
- Located in northern Quebec adjacent to Nemaska Lithium Inc
- Marcy Kiesman, CEO of Durango, comments, “Nemaska Lithium’s (TSX-NMX) drilling news of September 6, 2016 is very exciting for Durango as the discovery of a new mineralized lithium zone at the Whabouchi property confirms the lateral extension of up to 100m east and west. This discovery is very positive for Durango because of its close proximity to both the proposed pit and current drilling program.”
The growing demand for lithium $DGO.ca $FMR.ca $BFF.ca $PFN.ca
The global demand for Lithium is on the up, worldwide demand for finished Lithium is around 160,000 tons a year. It is expected to rise to 400,000 to 500,000 per year over the next decade.
According to data from USGS, worldwide lithium production increased slightly in 2015 as a result of an increased demand for battery applications – of which lithium is a key component.
Batteries, specifically rechargeable batteries, have been identified as the largest potential growth area for lithium compounds with the demand for these far outweighing that of other rechargeable ones. Demand is also on the rise as automobile companies have entered the market, developing lithium batteries for electric and hybrid electric vehicles.
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Nevada Energy Metals Announces Encouraging Lithium Results from Big Smokey Valley, Nevada $BFF.ca
- Announced encouraging results
- Of the 170 sample points analyzed 150 reported Lithium values greater than or equal to 100 ppm
- Highest value being 146 ppm Lithium (the median value being 116 ppm); 20 samples points were in the 53 ppm to 99 ppm range.
August 31, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company” (TSX-V: BFF; OTCQB: SSMLF; Frankfurt: A2AFBV) ) is pleased to announce encouraging results have been received from the latest sampling program at the Company’s 100% owned Big Smokey Valley (North) project. The geochemical sampling program was designed to test for lithium values in surface soils and/or playa evaporates. Samples were obtained on a grid pattern consisting of eleven east/west lines spaced 400 meters apart with stations every 200 meters along the lines. The grid covered an area of approximately 3,000 acres.
Of the 170 sample points analyzed 150 reported Lithium values greater than or equal to 100 ppm with the highest value being 146 ppm Lithium (the median value being 116 ppm); 20 samples points were in the 53 ppm to 99 ppm range.
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St-Georges Lithium Initiatives Update $SX.ca
- Updating shareholders on the recent developments in regards to the acquisition of Le Royal Lithium project and the agreement with Platypus Resources (ASX:PLP)
- Recent developments concerning the commercial terms of the proposed joint-venture and the L-Max(R) lithium extraction technology license that is part of the agreement
Montreal, Quebec / August 29, 2016 – St-Georges Platinum and Base Metals Ltd. (CSE:SX) (OTC:SXOOF) (FSE:85G1) is pleased to update its shareholders on the recent developments in regards to the acquisition of Le Royal Lithium project and the agreement with Platypus Resources (ASX:PLP) concerning the commercial terms of the proposed joint-venture and the L-Max(R) lithium extraction technology license that is part of the agreement.
Le Royal Lithium Project Update
The Company has recently agreed to commercial terms with Platypus Resources (ASX:PLP) in regards to the joint-venture proposed on Le Royal Lithium project. (Please refer to St-Georges Press Release dated August 4, 2016). The agreement establishes St-Georges’ initial ownership option at 30% against payments of 3 million shares over 3 years and CAD $450,000 worth of qualified exploration work on the project. Spending an additional CAD $450,000 on the project and delivering a NI 43-101 report will also enable St-Georges to bring its total ownership of the project to 50%.
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