Monday, June 29, 2009

Lithium: Great Britain Plugs In Electric Cars. TNR.v, SQM, ROC, GOOG, DAI, TM, BYD, TTM, F, NSANY, CDNX, FXI, HUI, XAU, OIL, OIH, WLC.v, RM.v, CLQ.v,

Electric cars are coming on London streets and Canadian junior is coming for lithium in Ireland - sounds like an interesting development of our Next Big Thing.
Now we have a better understanding why TNR Gold TNR.v is moving into Ireland with Lithium and REE exploration licences (pending for approval) - we have a flood of news from UK on Electric cars and Green Mobility in last couple of days:

"The Blackstairs Project is located in the Leinster Pegmatite Belt in the southeast of the Republic of Ireland, approximately 80 kilometres south from Dublin. Approximately nineteen pegmatite bodies spread over a length of 30 km along the eastern edge of the Leinster granite pluton make up this belt.TNR has applied for eight licenses (totalling 292 km2), which cover the belt. This process takes from 4 to 6 months to complete before fieldwork can begin. Lithium was first located during base metal exploration in the 1970s by Irish Base Metals Limited. Since then pegmatite exploration has expanded to include tantalum although niobium, tin, cesium and even gold anomalies have also been noted.Pegmatites in the Leinster Belt show a range of rare elements associated with them. The pattern of element distribution is consistent with successive enrichment and concentric zoning seen in pegmatites and illustrated in the diagram to the left. TNR intends to use this and other geochemical zonation as guide to ore and potentially additional pegmatitediscoveries. Ireland has a lengthy history of miningand has attracted a number of major mining companies. It is recognized as a mining friendly jurisdiction. Access to the Leinster Pegmatite Belt is by a good road network used by nearby farming communities.Stream sediment sampling by the Geological Survey of Ireland in 1986 - 1990 identified a number of catchment areas within the license application that have tantalum anomalies.Since 2000, focus of exploration in the southern part of the license application -- south of Aclare, has been on tantalum. Outstanding recommendations from the last phase of exploration have yet to be acted on.In 1970, 885m of drilling in the Aclare pegmatite by Irish Base Metals Limited was used to calculate a "drill indicated" reserve. Difficulties with laboratory results suggested that the estimate may be significantly low, but there appears to be no documentation of later work to resolve the issue.Stranakelly was drilled with two holes in 1974 which intersected 1.4m of 2.34% Li and 5.5m of 1.6% Li. High tantalum values from a 7m pegmatite intersection in a trench were also reported, but poorly documented. Moylisha was drilled in 1976 with five holes. The most significant result in these was 9.5m of 1.66% Li. As with other pegmatites at the northern end of the belt, lithium occurs as lepidolite. TNR intends to re-establish data from previous drilling and determine where additional step-out drilling is possible. TNR has a team of experienced geological staff ready to apply pegmatite exploration methods proven in Canada to Irish targets."

To put things into perspective: Americans would be on barricades already with British petrol prices at over 7 USD per gallon (0.95 GBP per liter). Great Britain unveils production of Hybrids, world scale trial for Electric Cars and builds world largest charging network.

" Britain to build new hybrid cars

Monday, 29th June, 2009
Britain is to become the first country in Europe to build hybrid cars following a decision by Toyota to start production of the Auris at its Burnaston plant near Derby.
The Sunday Times newspaper reports that production is expected to start at the end of this year.The Auris hybrid shares its chassis, 1.8litre petrol engine and electric motor with the Prius, but is a smaller and lighter vehicle. The new Prius emits CO2 emissions of 89g per kilometre, and an average fuel consumption figure of 72.4mpg.
The Auris will be pitched as a rival to the £15,490 Honda Insight Hybrid, a car recently crowned
Green Car of the Year by the Environmental Transport Association.
A spokesperson for the Environmental Transport Association (ETA): “The government will have offered generous incentives to secure production of this car, but this will pay dividends if it positions us at the forefront of green technology

Jump start for electric car trial

"A UK-wide trial of low carbon and electric cars has been launched.
Ministers were at London's Guildhall to unveil a range of vehicles that will be tested in eight cities.
More than 340 cars will be involved in the test, including Mitsubishi's electric MiEV and the Mini E.
The government is putting £25m into the project, organised by the Technology Strategy Board, to showcase the technology which will be available in the next six to 18 months.
David Bott, the board's director of innovation programmes, told the BBC that electric cars were now coming of age.
"Electric cars are now credible. We're looking at cars with a range of 150 miles and decent speed.
"We're putting a variety of cars and systems on the road to see how they work for real. Not only will this enable us to see what works, and what doesn't, but also how people interact with them," he said.
Green transport
Although the majority of vehicles on trial are electric, a small number are so called plug-in petrol/electric hybrids. The overriding requirement was that the car would emit less than 50g CO2 per km.
Matthew Lumsden, from independent energy consultants TNEI, is managing the project in the north-east of England and outlined how the trials would be carried out.
"The first cars will be on the road at the end of the year and then run for about two years.
"Individuals will get a car loaned to them for between six and 12 months so we can get a good collection of data.

Lord Drayson and Lord Adonis at the Ultra Low Carbon Vehicle test launch
"We're going to find users who are suited to the vehicles and we plan to get a good cross-section of society - from families doing the school run to people who regularly commute into work.
"We also want them to park the cars in visible places; half the process is about raising the profile of the vehicles," he added.
While some companies - such as Nissan - are developing custom-built electric vehicles, other companies - such as Smith Electric Vehicles - are putting electric engines into existing vehicle chassis, such as Fords and London-style cabs.
The government say the trial is an "important step" in helping it reach its target of an 80% cut in carbon emissions by 2050."

London, England - The U.K. government has outlined its Ultra Low Carbon Vehicle Demonstrator scheme, which it said will pave the way for the creation of the world’s biggest network of electric vehicle (EV) recharging stations.
The £25 million project will implement eight demonstrator programs across the U.K., bringing together organizations that have committed to installing more than 500 roadside, car park, business and home charging stations by June 2010. The majority will be produced and installed by Brighton-based Elektromotive.
Eight separate consortia, involving car manufacturers, power companies, regional development agencies and academic bodies will each receive a portion of the funding. The consortia will coordinate trials of approximately 340 EVs and plug-in electric hybrid cars in London, Glasgow, North-East England, the West Midlands and Oxford.
Many of the new charging stations that will be installed are Elektrobays, identical to 160 already sited in London and in other locations around the U.K. The Elektrobay is the only recharging station currently in widespread day-to-day use anywhere in the world, and the high level of around-the-clock usage of the stations in London provides an insight into how the creation of a proven infrastructure has become a prerequisite for the widespread adoption of EVs and plug-in hybrids by consumers

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