Tuesday, November 30, 2010

Lithium Drive: CNBC: Volt Charges Up GM gm, tnr.v, rm.v, lmr.v, alk.ax, tsla, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree, avl.to, nsany, f, gm, rno.pa, dai, byddf, hev, aone, vlnc



"Today first GM Volt is rolling off from the factory line and CNBC is on air from the GM to highlight this event all the day. Peak Oil revelations will bring more and more people to the realisation of the fact that Electric Cars are the way forward now. More than 6000 people test driven Chevy Volt during recent promotion sessions and many thousands more attended Nissan Leaf Test Drives all across the country.


  It is the very beginning, but this new trend can be changing our lives very fast - Electric Cars are coming on our drive ways now.

  In this light - of strategic importance of Lithium and REE for the new disruptive technology for the electrification of our transportation system - this transaction shows again that China and other asian countries are again way ahead of any North American corporations in realisation that secure supply of Lithium and REE will be the cornerstone of the post carbon economy.





  We are happy for the company and its shareholders, but only few Lithium projects left out there and majority of them have secured major strategic interests from Chinese, Japanese and Korean companies. Sadly, situation with REE did not provide lessons to anybody. Where are GE, GM, Ford, Corning, Dow, 3M, Boeing and Du Ponts of this world? Will we all be at the mercy of Lithium Opec one day?
  On our M&A radar screen here we have left only one company in Lithium space open for strategic partnerships - International Lithium Corp. to be spun out from TNR Gold. We hope that they are dating somebody interesting as well for their IPO."

"Why not to make rebates on every EV build and purchased in U.S. at 15k - 20k USD and tomorrow GM will be retooling all plants to produce Chevy Volt, Nissan will be pleading to build more factories on US soil and other automakers will be standing in the queue to get to the party - it means thousand of Jobs coming back to U.S. 
  The very important part of the plan should be a long term program to Secure Supply of strategic commodities for Electrification of our Economy - Lithium and REE."


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Lithium Drive: The Making of the 2011 Chevrolet Volt gm, tnr.v, rm.v, lmr.v, alk.ax, tsla, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree, avl.to, nsany, f, gm, rno.pa, dai, byddf, hev, aone, vlnc




"Today first GM Volt is rolling off from the factory line and CNBC is on air from the GM to highlight this event all the day. Peak Oil revelations will bring more and more people to the realisation of the fact that Electric Cars are the way forward now. More than 6000 people test driven Chevy Volt during recent promotion sessions and many thousands more attended Nissan Leaf Test Drives all across the country.
  It is the very beginning, but this new trend can be changing our lives very fast - Electric Cars are coming on our drive ways now.
  In this light - of 
strategic importance of Lithium and REE for the new disruptive technology for the electrification of our transportation system - this transaction shows again that China and other asian countries are again way ahead of any North American corporations in realisation that secure supply of Lithium and REE will be the cornerstone of the post carbon economy.
   We are happy for the company and its shareholders, but only few Lithium projects left out there and majority of them have secured major strategic interests from 
Chinese, Japanese and Korean companies. Sadly, situation with REE did not provide lessons to anybody. Where are GE, GM, Ford, Corning, Dow, 3M, Boeing and Du Ponts of this world? Will we all be at the mercy of Lithium Opec one day?
  On our M&A radar screen here we have left only one company in Lithium space open for strategic partnerships - 
International Lithium Corp. to be spun out from TNR Gold. We hope that they are dating somebody interesting as well for their IPO."

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Lundin Mining drills 3.47% Cu over 20 m at Semblana lun.to, czx.v, tnr.v, sgc.v, tck, bhp, fcx, rio, bwr.to, cs.to, imn.to, ncu.to, tko.to, wrn.to, qux.to, bls.to


"Tenke Fungurume is back and so we are with our pen and paper to share with you this story again. We have another M&A target in the Copper market now back in business. We would expect a new coverage issued on the company and more investment research from Canadian financial institutions, with potential upgrades on valuation. Company is up today on volume - chart shows the cup and handle formation - break out to the upside is in the cards with high copper prices. The share price will have to reflect new valuation with settled political uncertainty over this huge copper project in DRC. Country discount will always be there, but the fact that Tenke Fungurume is now producing and will expand its production rate at these prices will drive the valuation. 


Lundin Mining presentation: 2010 Bank of America-Merrill Lynch Mining Conference

Lundin Mining will present now a sizable opportunity as a target itself with market cap at 4 billion now. According to CIBC "Be Long What China's Short. M&A will drive this sector activity and we have just a few quality juniors with large copper deposits to go after." 

Lundin Mining is in no way a junior mining company, will have attention from Majors in the Copper sector. Freeport McMoran - J/V partner on Tenke Fungurume - will be a natural suitor for this Jewell. In our logic it have to attempt at least to buy out the share of Lundin Mining in Tenke Fungurume - otherwise it will be done by others and Chinese, who are very active in DRC, will be backed by the DRC government in this case. An outright bid for all Lundin Mining operations could be in the cards as well."


Lundin drills 3.47% Cu over 20 m at Semblana


2010-11-30 08:16 ET - News Release


Mr. Phil Wright reports

LUNDIN MINING ANNOUNCES FURTHER HIGH-GRADE COPPER RESULTS AT NEW SEMBLANA DEPOSIT AND DETAILS EXPLORATION STRATEGY AT NEVES-CORVO

Lundin Mining Corp. has released further high-grade copper intersections at its recently discovered Semblana copper-rich massive sulphide deposit located adjacent to its 100-per-cent-owned Neves-Corvo mine in southern Portugal.

Seven additional drill holes have been completed since the discovery news release and base metal assays for three of these holes have been received. Significant intersections from the three assayed holes include:

-- 20 metres at 3.47% copper (including 7 metres at 5.48% copper) in hole PSK48;

-- 39 metres at 2.59% copper (including 11 metres at 7.02% copper) in hole PSK48-1; and

-- 13 metres at 4.14% copper in hole PSK50-2.

Surface exploration drilling has continued to intercept a thick massive sulphide lens underlain by extensive stockwork sulphides, now delineated over an area exceeding 800 x 300 metres. The sulphide deposit is currently constrained by only one hole on the western side, three widely spaced holes on the eastern side and is completely open to the north and south. Please see Attachment A for further information.

Neil O'Brien, Senior Vice President of Exploration and New Business Development for Lundin Mining commented, "Our drilling has now intersected strong sulphide mineralization in 16 holes, six of which contain very significant copper mineralization.

"While we have lots of drilling yet to do, Semblana is growing into the type of high-grade resource that can significantly contribute to future copper production.

"Combined with the current copper resources and nearly 100 million tonnes of zinc resources, the future of Neves Corvo as a leading, long-life copper-zinc producer looks very good," Dr. O'Brien said.

(Note: as disclosed in August 31, 2010 news release, as of June 30, 2010 total zinc resources at Neves Corvo were 58,047,000 tonnes grading 6.2% zinc in the Measured category, 13,929,000 tonnes grading 6.9% zinc in the Indicated category and 26,791,000 tonnes grading 4.9% zinc in the Inferred category)

Neves-Corvo Development

Neves-Corvo has two processing plants capable of treating copper and zinc ores. It has a single shaft that is responsible for hoisting of all ore and waste. Shaft capacity has recently been increased to an estimated 4.6 million tonnes per annum and this remains as the strategic constraint to production volume.

Potential future production from Semblana, and any further new discoveries, has to be considered in light of this shaft constraint. Whilst incremental increases may be possible, until significant new infrastructure is constructed the development of Semblana will need to be co-ordinated with existing production and the on-going development of Lombador, potentially necessitating production choices on the basis of highest net return.

Mine development studies, including consideration of the need for a second shaft, are presently constrained by the knowledge available on Lombador, Semblana and other near-mine resources. Lundin Mining's exploration effort is now being significantly increased to obtain a better understanding of the ultimate potential of Neves-Corvo in order to facilitate these mine development studies.

Neves-Corvo Exploration Strategy

Exploration effort at Neves-Corvo over the last three years has been focussed on the discovery of new copper resources to supplement and replace mature producing orebodies. This has been successful in replacing mined production and adding new copper resources and reserves as well as rapidly expanding the zinc resources in the higher-grade Lombador deposit.

However, Neves-Corvo remains under-explored, particularly at deeper levels (greater than 700 metres below surface), and the ability to plan longer-term infrastructure development is restricted as a result. Drilling from surface accurately to these depths is expensive and slow. It is considered uneconomic to drill at a close enough spacing from surface to support resource estimates on which mine plans can be assessed.

To support long-term mine development and expansion studies, Lundin Mining is pursuing a three-fold exploration strategy at Neves-Corvo as follows:

-- The access ramp to the Lombador orebody is being accelerated to reach a depth of 900 metres below surface by Q1 2012. Exploration drives from the ramp will allow in-fill drilling of the copper and zinc resources for detailed mine planning. It will also allow cost effective further exploration that will be key to gaining a full understanding of the zinc, and more importantly copper, mineralisation associated with Lombador.

There remain high-priority exploration targets at Lombador where drill- testing could discover significant additional new resources that would further impact these mine development studies.

In order to fund the development of the ramp, a small upper section of Lombador South has been under-going feasibility studies and is expected to be complete in Q1 2011.

-- Semblana is being explored initially from surface with five drill rigs. An 80,000 metre surface drilling program is planned for 2011 which will deliver an initial resource estimate for Semblana prior to the end of 2011. Drilling will be focused on step-out holes to determine the ultimate limit of this large deposit and to search for additional copper-zinc rich zones as well as on in-fill holes to provide data for the resource estimate.

Once Semblana is better understood, access options can be assessed to ensure maximum utilisation of existing infrastructure.

-- The discovery of Semblana will significantly contribute to future copper production at Neves Corvo and it has also opened up new target areas for exploration. Accordingly a 24 square kilometre high resolution 3D seismic survey, to cover the entire near-mine area is planned, which will attempt to detect other nearby massive sulphide lenses.

An earlier seismic survey, carried out in 1996, was able to clearly detect the large Lombador massive sulphide lens at depths exceeding 1000 metres.

It is estimated that this program may take as long as three years to complete and that infrastructure development options will be evaluated in parallel to this.

Commenting on the exploration programme at Neves-Corvo Mr. Phil Wright, President and CEO said, "We continue to view Neves-Corvo as under-explored and are very encouraged by the results to-date.

"Our efforts over the last few years have enabled us to replace mined copper production and add to reserves. However, this has generally been at lower-grade which means we have to move more tonnes in order to maintain copper production.

"Semblana is the first time we have seen something enriched in copper at a significant scale that offers the potential of a rejuvenation of Neves-Corvo's copper business.

"We remain very optimistic on the longevity of our copper and zinc production at Neves-Corvo," Mr. Wright said.

Sampling and Analytical Protocol:

NQ sized drill core was logged, cut in half with a diamond saw and sampled by Company personnel at its facilities at the Neves-Corvo mine. Mineralized intervals are analyzed for a suite of elements including Zn, Cu, Pb and Sn at the Neves-Corvo laboratory using XRF methods. Bob Carmichael, P.Eng., General Manager, Resource Exploration, is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical information contained in this release.

All drill results are summarized in the table."
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Rodinia Lithium Inc. Closes Strategic Private Placement With China's Largest Li-ion Battery Materials Provider rm.v, tnr.v, lmr.v, alk.ax, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree, avl.to, nsany, f, gm, rno.pa, dai, byddf, hev, aone, vlnc

    


  We have another deal in Lithium space - Rodinia Lithium has attracted strategic investment from Chinese Shan Shan. Last week Canada Lithium has announced investment with Black Rock affiliated company - big money managers and Lithium end users are coming into the sector now.
  Today first GM Volt is rolling off from the factory line and CNBC is on air from the GM to highlight this event all the day. Peak Oil revelations will bring more and more people to the realisation of the fact that Electric Cars are the way forward now. More than 6000 people test driven Chevy Volt during recent promotion sessions and many thousands more attended Nissan Leaf Test Drives all across the country.
  It is the very beginning, but this new trend can be changing our lives very fast - Electric Cars are coming on our drive ways now.
  In this light - of strategic importance of Lithium and REE for the new disruptive technology for the electrification of our transportation system - this transaction shows again that China and other asian countries are again way ahead of any North American corporations in realisation that secure supply of Lithium and REE will be the cornerstone of the post carbon economy.
   We are happy for the company and its shareholders, but only few Lithium projects left out there and majority of them have secured major strategic interests from Chinese, Japanese and Korean companies. Sadly, situation with REE did not provide lessons to anybody. Where are GE, GM, Ford, Corning, Dow, 3M, Boeing and Du Ponts of this world? Will we all be at the mercy of Lithium Opec one day?
  On our M&A radar screen here we have left only one company in Lithium space open for strategic partnerships - International Lithium Corp. to be spun out from TNR Gold. We hope that they are dating somebody interesting as well for their IPO.

"We have another hint into the recent M&A activity in Lithium spaceTalison deal with Salares Lithium confirms real Chinese appetite for Lithium. Now it is time for Lithium Supply - China already controls 97% of Rare Earths market. Lithium output will be increased fivefold in Chinese Lithium province, but the real news is below from Reuters - it is only half of previously expected output and now Chinese companies are on the shopping spree among lithium developers. Who will be at the boardroom table next - only a few lithium brines plays are left without J/V partners and we are following here two of them: International Lithium and Rodinia Lithium. We expect M&A activity in lithium space to be continued during this summer months."

"Nov 29, 2010 07:30 ET

Rodinia Lithium Inc. Closes Strategic Private Placement With China's Largest Li-ion Battery Materials Provider

- Strategic Investor, Shanshan, Is One of the Leading Lithium-ion Battery Materials Providers in China and Is a Significant End User of Battery Grade Lithium Carbonate
- Shanshan Now Owns Approximately 7.6% of the Basic Common Shares Outstanding
- Private Placement Completed at a Premium to Market

TORONTO, ONTARIO--(Marketwire - Nov. 29, 2010) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF), is pleased to announce that it has closed its previously announced non-brokered private placement financing of common shares of the Company ("Common Shares") at a price of $0.55 per Common Share for gross proceeds of $1,397,000. One strategic investor, Hong Kong Shanshan Resources Co., Ltd., a wholly-owned subsidiary of Ningbo Shanshan Co., Ltd. (SHA:600884; "Shanshan") has subscribed for the entire placement of 2,540,000 Common Shares (the "Private Placement").
Established in 1992 in Zhejiang province, China, Ningbo Shanshan Co., Ltd. is focused on two core business verticals: a) garment manufacturing and sales, and b) lithium-ion battery materials. After 10 years of development, Shanshan has become one of China's largest lithium-ion battery materials providers.
Rodinia intends to use the net proceeds from this private placement to continue the development of its key projects and for working capital purposes. Will Randall, President and CEO of Rodinia Lithium said "We expect that these funds, along with funds previously raised, will allow us to aggressively pursue development of Diablillos and to further our goal of delineating an NI 43-101 compliant resource on the property in the coming months. We are excited by the opportunity to work and consult with a leading lithium carbonate end user to unlock the value of our flagship Diablillos and Clayton Valley projects for the benefit of all Rodinia shareholders. It was a pleasure to have representatives of Shanshan visit our Diablillos property last month and we hope to continue developing our relationship."
Pursuant to the terms of the Private Placement, Shanshan has the right, subject to certain conditions, to nominate one director to the board of Rodinia. Upon completion of the Private Placement, and together with shares already owned prior to the Private Placement, Shanshan will own 5,140,000 Common Shares of the Company, representing approximately 7.6% of issued and outstanding Common Shares of the Company. In addition, Shanshan holds 1,300,000 common share purchase warrants of the Company, which upon exercise would result in Shanshan holding approximately 9.5% of the Company.
The Common Shares will be subject to statutory resale restrictions expiring on March 26, 2011. Closing of the private placement is subject to receipt of all necessary regulatory approvals, including final TSX Venture Exchange approval.
About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.
Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Diablillos project in Salta, Argentina.
Please visit the Company's web site at www.rodinialithium.com or write us atinfo@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium"
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Saturday, November 27, 2010

Lithium market: Study: Asia-Pacific plug-in vehicle market to exceed 1.2M by 2015 tnr.v, rm.v, lmr.v, alk.ax, tsla, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree, avl.to, nsany, f, gm, rno.pa, dai, byddf, hev, aone, vlnc

  

  After groundbreaking revelations from International Energy Agency this year, we know why Chinese are so keen on implementing their state-level plan for electrification of their transportation system. Why do we not hear about it on every corner now?  It is another question...


  Access to Strategic Commodities: Lithium and REE - will be the next game in town to make this transition from Oil to Electricity in mobility possible to happen on the mass scale.


"It s hard to overstate the growing importance of China in global energy markets. Our preliminary data suggest that China overtook the United States in 2009 to become the world's largest energy user...Prospects for further growth remain strong, given that China;s per-capita consumption level remains low, at only one-third of the OECD average, and that it is the most populous nation on the planet, with more than 1.3 billion people."

Just notice, please, Crude Oil: fields yet to be found - it is the political way to say Shortage of Oil. "Fields to be found" will require years to be put into production if and when they are actually found.


"The admissions about Peak Oil from IEA are groundbreaking for Energy Security, Electric Cars mass market and strategic commodities - it is the same magnitude of change as an invitation from the World Bank to discuss Gold standard - the real messages are still muted among different facts, but they are there, in the report from IEA! Unbearable truth must be impossible to hide any more - when will we start to act with the same scale as the problem we are facing in the nearest future?

"Those trashing Obama do know that it could be much worse - we guess that we are even closer to the real revelation of the Energy Short Squeeze, starting with liquid fuels and our politicians are preparing us now for this Oil Shock." 

Another surprise came with an endorsement to the Electric Cars from IEA: "Advanced vehicles will also have to make rapid gains in the coming years-to levels in the upper reaches of what most analysts believe is possible. By 2035, the IEA says that not only will 70 percent of new worldwide vehicle sales will have to come from advance technology plug-in hybrid and electric vehicles, but that that those cars will need to run mostly on electricity generated from nuclear and renewable sources rather than fossil fuels."



"Led by strong demand from consumers in China, Japan and Korea, and influenced by national-level initiative programs, the Asia-Pacific region, according to Pike Research, is expected to become the world's largest market for plug-in vehicles by 2015. Sales of electrified vehicles in Asia-Pacific are expected to top 1.2 million in five year's time, with China leading the way with an impressive 554,114 plug-in on its roads.

Pike Research estimates that charging stations sales in Asia-Pacific, which are expected to generate revenue of more than $865 million for the area by 2015, will exceed 860,000 units by then. In addition, supplying the region's demand for plug-in vehicles will require nearly 8.8 million kWh worth of lithium-ion battery capacity.

Pike Research's report, "Electric Vehicles in Asia-Pacific," provides an overview of electric vehicles, charging equipment, advanced battery technology, government incentives and key factors that drive market growth in the Asia-Pacific region. The graph above shows electrified vehicle growth in the region over the next five years. Interested in finding out more? Pike's full report can be purchased by clicking here.

[Source: Pike Research]


PRESS RELEASE

Electric Vehicle Sales in Asia Pacific to Total 1.4 Million by 2015, Forecasts Pike Research

BOULDER, Colo.--(BUSINESS WIRE)--In the Asia Pacific region, there are various national-level initiatives and programs to promote the awareness of electric vehicles (EVs). These programs include the establishment of aggressive goals, subsidies for EV purchasers, research and development support and demonstration projects, tax incentives, regulation and standardization, and public education programs. According to a new report from Pike Research, these initiatives will help fuel a burgeoning market for plug-in electric vehicles (PEVs) within the region, and cumulative sales of plug-in hybrid and all-electric vehicles will surpass 1.4 million units in Asia Pacific during the period from 2010 to 2015.

"Two key drivers of EV adoption include climate concerns and oil prices"

"Two key drivers of EV adoption include climate concerns and oil prices," says senior analyst Andy Bae. "The potential for reducing carbon emissions by electrifying transportation has caught the attention of local and national government officials across Asia Pacific due to concerns about the contribution of transportation emissions to climate change. For example, South Korea faces worsening environmental issues. In 2005, the country had the tenth-highest level of CO2 emissions, as well as the highest CO2 emissions growth rate."

However, adds Bae, significant barriers to PEV uptake still exist in the form of consumer concerns about effective driving ranges as well as a near-term shortage of charging stations. The latter will be less of a problem over time as public, private, workplace, and residential charge points are installed in the coming years. By 2015, Bae expects that a total of 2.6 million EV charge points will be available to drivers across the region, outnumbering the vehicles themselves.

Pike Research anticipates that China will be the largest Asia Pacific market for PEVs over the next five years, representing 53% of the region's total sales during that period. The vast majority of China's PEV fleet will be battery electric vehicles (BEVs), driven by a strong push behind this category by the central government. In contrast, plug-in hybrid electric vehicles (PHEVs) will be the largest category in Japan, which is expected to be the region's second-largest market for all PEVs.

firm's website.

Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. The company's research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Clean Transportation, Clean Industry, and Building Efficiency sectors. For more information, visit www.pikeresearch.com or call +1.303.997.4619."
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Friday, November 26, 2010

Lithium Drive: Craftsman Experience - Chevrolet Volt Release Party tnr.v, rm.v, lmr.v, alk.ax, tsla, sqm, fmc, roc, lit, li.v, wlc.v, clq.v, res.v, ree, avl.to, nsany, f, gm, rno.pa, dai, byddf, hev, aone, vlnc



"Obama promotes Electric Car. We are slowly getting there and Electric Cars ( Plug-In Vehicle Tracker What's Coming, When ) are coming from the headlines and on our driveways now. Question will always be open - that we can be all much better off without couple of wars, but with introduced the state-level government plan for the Electrification of all transportation system. If we started in 2000 and skip those wars we can be all on the road in EVs by 2015, maybe - let it stay with those who have made it history now, but lets chose our future by our choice now - Drive Electric."




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