FEATURE: Nevada Energy Metals (TSXV:BFF) Growing Exploration Portfolio in Nevada’s Lithium Hub $BFF.ca

Posted by admin on Oct 12, 2016 in Company News, Featured | 0 comments

TSX-V: BFF, OTC Pink: SSMLF

Growing Exploration Portfolio in Nevada’s Lithium Hub

Overview

Nevada Energy Metals (TSXV:BFF) (OTQB:SSLMF) (Frankfurt:A2AFBV) is an exploration company focused on the acquisition and exploration of lithium brine projects in the world-class mining jurisdiction of Nevada. To date, a number of highly attractive prospects have been investigated and approved for immediate acquisition. An advisory board has been formed to better assist in the selection, management and development of these lithium projects.

The Company has recently completed:

(1) a 100% option-out agreement, 3% net-smelter royalty of the Dixie Valley Project (348 of 910 total claims covering 7,363 hectares/28.4 square miles) to LiCo Energy Metals (LIC.TSXV), covering the majority of the Humboldt Salt Marsh playa in Churchill County, Nevada;

(2) acquisition of 100% of the Big Smokey Valley Project (160 placer claims covering 3,200 acres/1,295 hectares) located in Nye County, Nevada;

(3) acquisition of 100% ownership in the Black Rock Desert Project (128 claims covering 2,560 acres/1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada;

(4) a 70/30 farm-out option JV to American Lithium Corp (LI.TSXV) on 77 claims in Clayton Valley, approximately 250m from the Rockwood Lithium mine, the only brine based lithium producer in North America;

(5) acquisition of 100% in the Teels Marsh West project (100 claims covering 2000 acres/809 hectares) in Mineral County, Nevada;

(6) acquisition of 100% ownership in the San Emidio Project (155 claims, 3,100 acres/1,255 hectares) near Empire, Washoe County, Nevada;

(7) the acquisition of the Alkali lake Project, 60% Option from Dajin Resources Corp. (191 claims covering 3,820 acres/1,558 hectares) in the Esmeralda County, Nevada.

Press Release Highlights

• Announced significant lithium results from initial surface exploration at Black Rock Desert
• Tim Fernback has joined the company as the CFO
• Randy Avon has joined the advisory board for the company
• Paid full annual Bureau of Land Management (BLM) fees for all seven projects
• Agreed to Joint Venture on the Clayton Valley BFF-1 Lithium Project with American Lithium (LI.TSXV)
• Agreed to an Option Agreement with LiCo Energy Metals (LIC.TSXV) at the Dixie Valley Project.
• Completed upgrade to the OTCQB® Venture Market
• Expanded the San Emidio Project and will being a lithium exploration survey, with results available in Fall 2016

International Lithium Corp. and Pioneer Resources Increase Claims and Mobilize Crews to the Mavis and Raleigh Lithium Pegmatite Projects, Ontario, Canada

Posted by admin on Oct 12, 2016 in Industry News | 0 comments

VANCOUVER, BC / October 11, 2016 / International Lithium Corp. (TSXV: ILC.V) (the “Company” or “ILC”) in conjunction with strategic partner Pioneer Resources Limited (“Pioneer”) (ASX: PIO) have mobilized field crews to the Mavis and Raleigh lithium pegmatite projects east of Dryden, Ontario, Canada. In addition, 3 claims totalling 640 hectares (1,581 acres) were added to the west and along trend of the high-grade lithium spodumene pegmatites adjacent to the Mavis project boundary.

Planned Exploration Programs’ Key Highlights:

Mavis: 400 lithogeochemical (rock chips) sample program to refine drill targets in high priority areas;

Mavis West:

• 3 claims totalling 640 hectares newly staked to encompass extension of high-grade pegmatites near western edge of previous Mavis project boundary;
• 58 km ground magnetic survey to delineate target lithology along pegmatite trend;
• 100 lithogeochemical sample program to define continuation of pegmatite corridor;

Raleigh:

• 500 lithogeochemical sample program to refine and extend drill targets in high priority areas;
• Comprehensive airborne magnetic survey across entire project to delineate target lithology to assist with drill placement;

Mavis and Raleigh Exploration Programs

JV agreement will bring aramid fiber to lithium-ion batteries

Posted by admin on Oct 7, 2016 in Industry News | 0 comments

Elegus Technologies Inc., a University of Michigan spinoff that hopes to make lithium-ion batteries safer and last longer, whether in electric vehicles, smartphones or laptops, has formed a $1.5 million joint venture with two Michigan battery makers.

Elegus’ technology involves using aramid fiber, rather than more common thermoplastic materials in its lithium-ion cells.

Nemaska Lithium Project Shaping Up on Time and on Budget $NMX.ca

Posted by admin on Oct 6, 2016 in Featured, Industry News | 0 comments

QUEBEC CITY, QUEBEC–(Marketwired – Oct. 6, 2016) – Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX:NMX)(OTC:NMKEF) is pleased to provide an update on the advancement of its Phase 1 Plant and site preparation of the Whabouchi Mine in Quebec, Canada.

Phase 1 Plant

The Phase 1 Plant is on time and on budget. Electrical lines have been installed at the Phase 1 Plant facility and Nemaska Lithium has signed a 5 year natural gas contract. Construction modifications to the interior of the Phase 1 Plant building are nearing completion in anticipation of receiving plant equipment. To date, all the major equipment items have been ordered from suppliers and certain items have been received. The electrolysis cells are expected to be received by the end of October with commissioning to commence in November and December 2016.

Lithium Hydroxide Samples to Customers in Q1 and Q2 2017

Initial shipments of battery grade lithium hydroxide from the Phase 1 Plant are expected to commence to Johnson Matthey Battery Materials (JMBM) in Q1 2017 under a tolling agreement. As previously announced, Nemaska Lithium is targeting to ship battery grade lithium hydroxide commercial representative samples to JMBM and other potential customers in Q2 2017. These lithium hydroxide samples will be shipped to customers to enable them to qualify Nemaska Lithium’s hydroxide products while the Corporation builds its commercial mine and Hydromet Plant.

Electric car revolution brightens outlook for a medley of metals

Posted by admin on Oct 5, 2016 in Industry News | 0 comments

LONDON: Electric cars such as the Nissan Leaf may look no different from the standard family runaround. But the new materials that go into them could revolutionize the market for metals used in the industry, opening up a new field for commodities investors.

“We identified electric vehicles as an area where we are at an inflection point for demand,” said Duncan Goodwin, portfolio manager of the Baring Global Resources Fund.

Around 12 percent of the fund’s $378.2 million in assets is exposed to materials that are used in electric vehicles. It has investments in New York-listed Albemarle and Australia’s Orocobre, two companies producing lithium, a key element in electric car batteries. Shares in both companies have risen sharply this year.

Governments, keen to push growth in electric cars in a bid to meet their carbon emissions targets, are tempting consumers with perks like subsidies, free parking and tax breaks. Growth in the market is in turn creating an opportunity for commodities investments currently estimated at $235 billion.

But it is not a simple one-way bet.

Predicting how much of any metal will be needed to meet demand for electric vehicles in the longer term is tough and advances in battery technology could alter the mixture.

Getting drivers to adopt electric cars remains a challenge – the need to charge them up frequently and time taken to do so have put off many potential buyers.

Lithium Ion Battery Market To Surge By Its Advantages Such As Higher Efficiency And Longer Lifespan Than Other Batteries

Posted by admin on Oct 5, 2016 in Industry News | 0 comments

Lithium-ion Battery are a part of rechargeable battery group. Lithium-ion batteries offer high storage capacity, better efficiency and long lifecycle than other batteries. The demand for these batteries are increasing in various applications such as consumer electronics products, automotive application such as EVs and HEVs and energy storage systems in power plants and household electricity.

Growing Use of Low Power Capacity Lithium-ion Batteries in Consumer Electronics

In terms of application, the lithium-ion battery market can be segmented into consumer electronics, automotive, and grid energy and industrial. Consumer electronics is projected to be the leading segment of the global lithium-ion battery market during the forecast period. This segment is anticipated to account for nearly half the market by 2024, driven mainly by the rising demand for low power capacity lithium-ion batteries to be used in smartphones.

However, owing to market saturation in several regions, the demand for high power capacity batteries for automobiles has gained precedence. The automotive segment will gain a significant share in the lithium-ion battery market by the end of 2024. The rising usage of these batteries in EVs, HEVs, and BEVs has primarily boosted this segment and this surge can be attributed to the increasing level of awareness among consumers and automobile manufacturers alike regarding the benefits of clean fuel.

U.S. plans to stockpile more lithium compounds used in batteries

Posted by admin on Oct 5, 2016 in Industry News | 0 comments

LONDON Oct 5 (Reuters) – The U.S. Defense Logistics Agency (DLA) said it has a mandate to buy 600 kg of lithium cobalt oxide (LCO) and 2,160 kg of lithium nickel cobalt aluminium oxide (NCA) in the fiscal year starting Oct. 1.

The amounts were detailed by the DLA in its Annual Materials Plan for financial year 2016-2017, which runs from October to September, published on its website this week.

They are double the 300 kg of LCO and 1,080 kg of NCA it was mandated to buy in the 2015-2016 fiscal year.

Both compounds are used to make lithium-ion batteries. LCO batteries are used for mobile phones and laptops and NCA batteries are used for electric vehicles.

In 2014 the DLA was authorised for the first time in 20 years to acquire new materials for the National Defense Stockpile (NDS). It has authorisation to buy cobalt compounds from fiscal year 2014 through fiscal year 2019.

Under the Defense Production Act of 1950, the U.S. Geological Survey advises the DLA on the acquisition and disposal of NDS mineral materials.

(Reporting by Pratima Desai; Editing by Alexander Smith)