Showing posts with label Oil Spill. Show all posts
Showing posts with label Oil Spill. Show all posts

Wednesday, December 28, 2011

The Real Price of Oil: 100 Years Of Non-Renewable Energy Disasters ilc, tnr.v, czx.v, rm.v, lmr.v, abn.v, asm.v, btt.v, bva.v, bvg.v, epz.v, fst.v, gbn.v, hao.v, jnn.v, ks.v, ktn.v, kxm.v, mgn, mxr.v, rvm.to, svb, ura.v, nup.ax, srz.ax, usa.ax


 

Lithium Drive: Warren Buffett: "In not many years, you are going to see a clear change towards Electric Cars"


  With 2011 coming to its end we would like to share these days major events from this year which will be defining our future. This future will be uncertain and unknown, but we can grasp the major trends already. It will be about the Energy Transition. This transition is not something that we just would like to do, but it is the only way to survive - it is what we have to do. We still can try and reverse the inevitable economic collapse and stop the Power Transition and biggest Wealth Transition in the mankind history. 

The Peak Oil Crisis: The Energy Trap: US gas bill to reach a new high of Half a Trillion this year.



Power goes to those who control Oil and our money goes to them as well. Do not believe that America does not have Energy Policy - it is very simple - To Get The Oil By Any Price. 

US Dollar Collapse: Price of Oil: Study: US Wars To Cost $6 Trillion 



  We all are paying this price. It is time to make the change, it will happen anyway, it is happening already. Shift of Power on geopolitical scale, ground based movements and calls for "Springs". We will all win if this power will go to create something new, not just to destroy. Big boys can not afford to live like nothing is happening any more, we need just to push them to accept that we know and demanding change and "lead" us in the "right direction. 

Peak Oil May 2011 U.S. House Session



  We are reaching the tipping point - it is impossible to hide the truth about the real Price of Oil and influence of Oil on all aspects of our life. We are doing our part here and need your help - share this information with others.


ABC Catalyst Peak Oil Report



You can have the different solution - talk about it. Share it with us. We have found ours - Electric Cars and all New Energy industry related to it. 

Lithium Drive: How to get off Oil: The State of Electric Vehicles in America



We call it Next Big Thing. We are investing in these companies, we are talking about them, we would like to be the part of this new Change.

Lithium Charge: Elon Musk on Renewables, Solar and Electric Cars




Lithium Drive: Shai Agassi on Green Transport in the 21st Century - Electric Cars




  With all "downsides" of this new technology - which is advancing very rapidly - we have the solution to Pollution, Peak Oil and Energy Security Today. 

Peak Oil: Getting Off Oil - A 50-State Roadmap for Curbing Our Dependence on Petroleum



We call for another "Manhattan" project here - if all resources were allocated to solving this problem this transition to Electric mobility could happen within few short years. Just consider trillions of dollars spent on wars and billions on protection of Oil line supplies.

Who will be Steve Jobs for Electric Cars now? R.I.P. and Thank you!


"We need the Manhattan project for the Electric Cars in our broken society and we need it right now - who can lead the world into the future?
Electric Cars industry gives Trillion market place business opportunity to fill. And we will throw again as with Apple iCar - Why Not?"

  Some people would like to remind us all the time that Electric Cars are "not clean" and that renewable energy comes at a price. We would like to share this great website with all of you. 


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Thursday, August 19, 2010

M&A Fever: Lithium Brines: Potash ABC POT, TNR.v, CZX.v, LIT, LIT.v, RM.v, LI.v, LMR.v, BHP, TSLA, CLQ.v, WLC.v, HEV, ONE, F, GM, RTP, SQM, FMC,



"Will Robert Friedland plug in the second leg of the Lithium Bull now? Is it just a splash of memories from the sweet Uranium hey days and Potash fever or is it sign of the next Bull to come? Only the future will tell us, but we can welcome another fine gentleman to our Next Big Thing club. Money is coming into the Lithium sector and now we can see who has already taken positions on the Next Big Thing. Friedland can do to the Lithium Sector what James Dines did for REE last year: he can put it on the radar screens of thousands of investors following him. He managed to strike it big with Uranium and Potash and now is positioning Copper as a Green Metal.

EnerDel/Argonne lithium-ion batteryImage by Argonne National Laboratory via Flickr

We have written before about it as well and will add to his observations that when you will account for all infrastructure for Electrification of Transportation Copper and Lithium are the metals to be in. In our opinion, Lithium will be more explosive as it is still below the radar screens and the industry as a whole is a micro cap, compared to the Copper Majors. It can all change very fast. Our Top Pick here, as you know is TNR Gold with its Lithium projects to be spin out in International lithium and copper Los Azules play in Argentina. Summer accumulation phase could be over soon with FED QE 2.0 to be announced. The Chinese appetite for commodities is growing by the day and Oil is indicating that there are places with growth and demand who are already clashing with supply."

Market gets really exited with recent news on BHP bid for Potash. We have wrote before about Friedland's thoughts on Next Big Thing.




He was making money on Uranium and Potash before and now is bullish on Copper and Lithium. It is time again to read Lithium ABC by Richard Mills.



Richard Mills: Lithium ABC
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Wednesday, August 11, 2010

Rare Earth Elements, Peak Oil and Lithium: James Dines with Jim Puplava. TNR.v, CZX.v, TSLA, LIT, AVL.to, RES.v, RM.v, LIT.v, LI.v, CLQ.v, WLC.v,




James Dines and Jim Puplava are talking again about REE, Peak Oil and coming Peak of Everything. We will place our Lithium plays among these investment opportunities as well.

Financial Sense News Hour

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Monday, August 09, 2010

First Uranium, then Potash, Now Copper and Lithium: Friedland sees blue skies for copper on "phenomeon" of Electric Cars TNR.v, CZX.v, LIT, TSLA, LIT;v, RM.v, LI.V, WLC.v, CLQ.v



Will Robert Friedland plug in second leg of the Lithium Bull now? Is it just splash of memories from sweet Uranium hey days and Potash fever or is it sign of the next Bull to come? Only future will tell us, but we can welcome another fine gentleman to our Next Big Thing club. Money is coming into the Lithium sector and now we can see who has already taken positions on the Next Big Thing. Friedland can do to the Lithium Sector what James Dines did for REE last year: he can put it on the radar screens of thousands investors following him. He managed to strike it big with Uranium and Potash and now is positioning Copper as a Green Metal. We have wrote before about it as well and will add to his observations that when you will account for all infrastructure for Electrification of Transportation Copper and Lithium are the metals to be in. In our opinion, Lithium will be more explosive as it is still below the radar screens and industry as a whole is a micro cap compare to Copper Majors. It all can change very fast. Our Top Pick here, as you know is TNR Gold with its Lithium projects to be spin out in International lithium and copper Los Azules play in Argentina. Summer accumulation phase could be over soon with FED QE 2.0 to be announced. Chinese appetite for commodities is growing by the day and Oil is indicating that there are places with growth and demand is already clashing with supply.

We have a position in the company, please, do not take anything as an investment advise on this blog, as usual.




Friedland sees blue skies for copper


BARRY FITZGERALD

August 9, 2010




The mining promoter extraordinaire Robert Friedland was at his uber-cool best at last week's Diggers & Dealers bash in Kalgoorlie, dispensing insights on the world of metals like he was reading them off a box of Corn Flakes.



Friedland is noted for being first among the miners to call the rise and rise of metals demand from China on its urbanisation and industrialisation boom. So when he talks, people listen.



He is the boss at the Canadian company Ivanhoe (owned 23 per cent by Friedland and 29 per cent by Rio Tinto). Ivanhoe owns 66 per cent of the world's next great copper mine with associated gold output, the Oyu Tolgoi project in Mongolia's Gobi desert, with the government holding the rest.



From all that you would expect him to bullish on the outlook for copper. He is a major bull.

Friedland pointed out that the while the world mined 585 million tonnes of copper metal from 1900 to 2008, it will need to mine 600 million tonnes of copper in the next 20 years alone, assuming 3 per cent global economic growth.



''Frankly, those of us in the business have no idea where this metal is actually going to come from,'' he told delegates.



But more importantly, Friedland reckons that the forecast need for 600 million tonnes of copper over the next 20 years not including the demand to come from the ''phenomenon'' of electric cars. He believes that hybrid cars are old news. The world will shift its car fleet over to lithium battery-powered electric over the next 20 to 30 years or so, waving goodbye to reliance on Middle East oil supplies at the same time.



Good news for those chasing lithium as the next big thing. But don't forget copper, Friedland added.



He pointed out that a lithium battery is made out of a copper foil which is sprayed with graphite and lithium/cobalt oxide. ''And when you roll that puppy up and put it in your car, 80 per cent of the weight of the battery is copper metal.''



So a large sedan with a 450-kilogram battery will have about 360 kilograms of copper metal in it. Multiple that by the 500 million people who will want electric cars, and the implication for the copper market is ''breathtaking''.



POWER OF ZEUS



Friedland also let slip that Zeus is coming to the Cloncurry region of north Queensland, which must be an exciting prospect for the locals.



But we're not talking about the father of gods and men. We're talking about a remote sensing geophysical exploration technology (induced polarisation and resistivity), in which well-mineralised zones at depth can be picked out from the weakly mineralised host rocks after being given an almighty blast of electricity.



''It allows us to sort the haystack [unmineralised country rock] from the needles [mineralisation],'' Friedland said. He believes Zeus is ''redefining the frontiers of discovery''.



He said it was pointing the way to Oyu Tolgoi's future in that it was coming up with all sorts of juicy targets on top of the huge resource base already outlined. And if you have lost your old VW at Cloncurry, Zeus can help.



''Zeus is looking two kilometres deeper than any other known technology. We can bury a 1957 VW three kilometres deep and show why it's not a 1958 by the shape of the rear bumper,'' Friedland said.



He can't wait to bring the technology to the Cloncurry region where Ivanhoe's 81 per cent-owned Australian offshoot, Ivanhoe Australia is making a name for itself as a copper-gold and rhenium-molybdenum developer. It also has a major ground position which will get ''Zeused''.



ALL EYES ON EXCO



Things are stirring elsewhere in the Cloncurry region, with Exco Resources getting a speeding ticket from the exchange last week asking for any reasons behind its share price rise.



The stock rose from 28¢ a share to 35¢ by Friday. Exco said it was talking with a potential strategic investor about a possible placement of shares to support the group's plans for the development of its Cloncurry copper project.



As pointed out by Garimpeiro in June, when the stock was 25.5¢ a share, Exco has been talking to Xstrata for five years to have its E1 Camp copper resource become an ore supplier to Xstrata's Ernest Henry hungry treatment plant, eight kilometres to the east.



The chat rooms were full of talk last week that the strategic investor Exco was talking about was of the Chinese variety. If that is the case, Xstrata will have gone on high alert given the money to be made by keeping the Ernest Henry mill full.



We might have a battle on our hands, with the boys from Zug up against the boys from Beijing.



bfitzgerald@theage.com.au



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Friday, August 06, 2010

TNR Gold Corp.: $1 Million Drill Program Planned Mariana Lithium Brine Project, Argentina TNR.v, CZX.v, LIT, TSLA, LI.v, RM.v, LMR.v, LI.v, CLQ.v, WLC.v, LAT.v, SQM, FMC, ROC, HEV, AONE, GM, NSANY, BYDDY, F, DAI, RNO, BMW, GOOG, AAPL




"China May Give Electric Cars, Hybrids $15 Bln Jump Start

2010-08-04 18:32:59 CRIENGLISH.com Web Editor: Xu Leiying


China may invest more than $15 billion US dollars in alternative-energy vehicles during the next 10 years to boost the industry"

Insiders can sell in a lot of situations, but they will buy only in one case, when company is undervalued in their judgement. TNR Gold is benefiting from the strong hands and insiders are building up their position in this consolidation phase. TNR Gold moves forward with its main Lithium Brine property in Argentina, its management and shareholders are confident in the ongoing developments. We hope to see confirmation of the company's effort to position itself in this market with pre IPO financing participants. Recent bold move by Chinese Togling with taking further stake in Canada Zinc Metals, which hold a strategic investment in TNR Gold, gives us a feeling that TNR Gold is carefully taking its options with this financing in order to open new strategic opportunities for the company. 

We hold a position in the company and nothing should be taken as an investment advise on this blog, as usual.



"Early Warning Report

July 7, 2010

Mr. Kirill Klip has acquired a further 3,339,500 common shares at a price of $0.21 in the

capital of TNR Gold Corp. ("TNR") through a private transaction on July 5, 2010, which

common shares represent approximately 2.71% of the outstanding common shares of TNR.

Mr. Klip now holds, directly or indirectly, a total of 22,870,000 common shares, 6,280,000

warrants and 1,600,000 stock options. As at July 5, 2010, TNR had 123,031,447 common

shares outstanding, of which Mr. Klip owned, or exercised control or direction, a 23.48%

interest, assuming exercise of the warrants and stock options.

The common shares of TNR were acquired by Mr. Klip for investment purposes. Subject to

availability, price, the general state of the capital markets and the financial condition of TNR

from time to time, Mr. Klip may purchase or sell securities of TNR."




TNR Gold Corp.: $1 Million Drill Program Planned Mariana Lithium Brine Project, Argentina

Press Release Source: TNR Gold Corp. On Thursday August 5, 2010, 5:44 pm EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 5, 2010) - TNR Gold Corp. ("TNR") (TSX VENTURE:TNR - News) and wholly-owned International Lithium Corp. ("ILC") (jointly the "Company") are pleased to announce the plan for the forthcoming drill program at the Mariana lithium brine project in northwestern Argentina.



Key Highlights:





-- $1 million drill program planned at Mariana commencing fourth quarter 2010; and -- Constructing drill access road network and locating 20 person camp to site in September.

"The Mariana project has the ability to rapidly advance and we are preparing for exciting developments through the next year," Gary Schellenberg, President of TNR Gold Corp. states. "Observations to date continue to support the potential of the project and we remain fully committed in this endeavor."



Mariana Drill Program



The Company is planning to initiate a $1 million drill program for fourth quarter 2010 on the Mariana lithium brine property in Argentina. The goals include a) geochemical characterization of the subsurface brine across different zones within the basin, b) identification of the stratigraphy for a geological model of the salar, and c) identification and characterization of the aquifer potential of the basement of the salar. The Company's intent is to utilize this drill program as a first step towards a resource classification of the brine.



Non Executive Chairman Kirill Klip states: "We are encouraged with recent developments in the lithium market place and increased investor awareness about this opportunity to participate in building supply chains for electrification of our transportation. Recent exploration activities within the sector have attracted the attention from major participants among battery makers, car manufacturers and Asian trading houses. Upon completion of the ILC spinoff, the company will be in a strong position to develop its assets, capitalize on strategic opportunities, expand its market presence and leverage its profile with lithium end users."



As a preparatory phase, the Company will be locating a 20 person camp at site and commencing construction on the drill pad network across the Mariana salar in September.



About the Mariana Project



The Mariana project, a lithium-boron-potassium salar, consists of several contiguous mineral claims covering 120 km2 and strategically encompasses the entire salar. Salars, or salt lakes, host some of the largest known lithium, potassium, and boron resources in the world. Lithium brines with economical grades can produce cost effectively relative to other more cost intensive mine settings.



To date the Company has completed a number of phases of shallow subsurface brine sampling surveys across the salar on a 2 kilometre grid pattern. The majority of samples within the main 10 by 15 kilometre body of the salar returned values between 250-650 mg/L lithium. These lithium concentration levels are comparable to early stage results from producing salars in North and South America.



Following this, a 3-hole exploratory drill program and the associated construction of 6" diameter filter PVC cased water wells were completed in May 2010. The wells were sampled utilizing a submersible pump at various depths and duplicate samples were shipped to two certified labs, one in Argentina and one in Canada. The results reported to the Company revealed significant issues with both the sampling method utilized in the field as well as the analytical measures employed by the labs.



It was determined that the down-hole sampling method did not attain the objective of selectively sampling specific subsurface brine aquifers at discrete depths, but collected brine samples representing a mixture of aquifers. Besides the evident mixing of the brine within the casing column, an inherent sampling bias existed and strongly favored the brine layer with the greater transmissivity; the near surface brine. The chemistry reported from the down-hole samples directly reflects the surface brine chemistry previously reported by the shallow surface pit samples and indicates that the subsurface brine aquifers have yet to be tested. This inference has been observed by other operators utilizing a similar sampling method and needs to be corrected for in future down-hole sampling campaigns.



In addition, the analytical results revealed marked differences between the two labs that have yet to be satisfactorily resolved, making QA/QC resolution problematic and the results should not to be relied upon.



"The QA/QC protocols that our technical team has in place have revealed challenging sampling and analytical issues that face lithium brine explorers," states Mike Sieb, Chief Operating Officer of TNR Gold Corp. "Our goal is to achieve the highest standards and reliability in our exploration programs and the results that we generate. The upcoming program directly builds upon the experience acquired from the 2009-10 pit sampling and drilling programs and will provide valuable data from which to form an initial assessment of the Mariana project."



To address down-hole sampling issues identified and assist in the design of subsequent programs, the Company is planning to resample the existing three drill-holes utilizing an alternate method as soon as conditions permit.



Milligrams per litre (mg/L) are approximately equal to parts per million (ppm) when the density of the sample is similar to fresh water. Brines at Mariana have a density of approximately 1.21 g/cm3, significantly higher than fresh water, resulting in the relationship: mg/L = 1.21 x ppm.



The scale and timing of the proposed exploration programs are subject to and dependent upon the Company raising sufficient funds.



John Harrop, P.Geo, is the company's qualified person on the project as required under NI 43-101 and has reviewed the technical information contained in this press release.



ABOUT TNR GOLD CORP. / INTERNATIONAL LITHIUM CORP



The Company is a diversified international metals exploration company focusing on the continued advancement of existing properties and identifying and acquiring new prospective projects. The Company has a portfolio of 18 active projects, of which 9 rare metals projects, including Mariana, will be held or optioned to the Company's wholly owned subsidiary International Lithium Corp upon completion of a proposed plan of arrangement.



The objective of the proposed plan of arrangement is to spin out the Company's rare metals property interests into a separate public company, International Lithium Corp. This proposed plan of arrangement has been approved by the Company's shareholders and the courts of British Columbia. The Company will now proceed with the spin out and will provide updates on the progress of the spinout in further news releases. For further details of the spinout, please refer to Stockwatch news dated May 26, 2010, or visit International Lithium's website.



The recent acquisition of lithium, other rare metals and rare-earth elements projects in Argentina, Canada, USA and Ireland confirms the combined companies' commitments to generating projects, diversifying its markets, and building shareholder value.



On behalf of the board,



Gary Schellenberg, President



Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.



CUSIP: #87260X 109



SEC 12g3-2(b): Exemption #82-4434



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



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Thursday, August 05, 2010

Lithium Charge: China May Give Electric Cars, Hybrids $15 Bln Jump Start TNR.v, CZX.v, LIT, LIT.v, RM.v, LI.v, CLQ.v, WLC.v, AVL.to, HEV, AONE, TSLA, GOOG, FCX, LMR.V, LAT.v, BHP, LUN.to, RTP, SQM, FMC, ROC




"There is always a bull market somewhere. Fasten your seatbelts - we are due for a ride in Lithium Junior miners now. With Oil crossing 80 USD/b and USD going down we have a very good launching point for the second Leg Up in this generational Bull. QE is well under way and some investment banks are pointing out to 10th of August as a starting point for FED's new round of QE operations. Economy is not growing, jobs are not coming back and elections are too close to play with the markets now. European Austerity will stay a strange word on this side of the pond, it must be of French origin and can not be trusted. QE and maybe even TAX breaks extension are in the cards and Oil sense it with the Pound: UK seems to be decoupling from the FED with the rest of the developing world. Stagflation is ruling the developed world now and hidden from official statistics inflation is sipping into the financial system. Oil shock could be devastating in these circumstances: fragile recovery will not be able to manage Oil prices above 100 USD/b down the road. Electrification of transportation is not a Tree Huggers' dream any more, but Nation Wide Security Problem. It should be addressed in the same fashion as any military exercise is addressing national security problem with clear long term plans and allocated resources. Do we still have time? Nobody knows for sure, but time to act is now. Japanese, Korean and Now Chinese companies are aggressively position themselves in the Lithium Supply chain for the new economy based on Electrification of Transportation. Where are all the Cornings, Dows, Du Ponts and Google's VC backers in this strategic supply investment opportunity? Asia is leading the way in battery making and they will hold the deck on the supply side for REE and Lithium as it is happening now. With today's news that FMC is looking to expend its resource base (will it be another acquisition in lithium brine sector after Talison and Salares Lithium?) we have "Lithium Majors" wakening up and the summer heat will be boiling new deals in this explosive Micro Cap sector."




CRIEnglish.com:

China May Give Electric Cars, Hybrids $15 Bln Jump Start

2010-08-04 18:32:59 CRIENGLISH.com Web Editor: Xu Leiying



China may invest more than $15 billion US dollars in alternative-energy vehicles during the next 10 years to boost the industry.
 

A report from the Shanghai Securities News said the spending is included in a draft plan by the Ministry of Industry and Information Technology to be submitted to the State Council for approval.



Auto analysts say they expect more supporting policies including subsidies, tax breaks and preferential loans will come out afterward.



China already subsidizes purchases of energy-efficient cars to help cut emissions.



China became the world's biggest auto market last year. It aims to increase annual production capacity of alternative-energy vehicles to 500,000 by next year as part of efforts to cut oil imports.



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Lithium M&A Watch List: President Obama backs U.S. Lithium developers TNR.v, CZX.v, RM.v, LIT.v, LI.v, WLC.v, CLQ.v, LIT, TSLA, HEV, AONE, GOOG, AAPL, RIMM, LUN.to, FCX, RTP, BHP, LMR.v, AVL.to


Rodinia Lithium is on the roll in mass media now with its 5 mil CAD financing to be made, International Lithium is next in line with its IPO financing and spin out from TNR Gold. These two companies are on our M&A radar screen this summer in Lithium sector. Both have brine projects in Argentina and in Nevada. International Lithium also has a diversified portfolio of hard rock mining Lithium properties in Canada and Ireland.

"We have another hint into the recent M&A activity in Lithium space. Talison 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."




Stockhouse:

President Obama backs U.S. Lithium developers

Marc Davis, BNWnews.ca



Gulf of Mexico spill can usher in a new era of eco-vehicles



The environmental disaster in the Gulf of Mexico has served as an unnerving wake-up call for the industrialized world to confront its addiction to fossilized fuels. And it’s now providing President Obama and other G20 leaders with all the political impetus they need to usher-in a new era of eco-vehicles.



Ones that are far more reliant on cheap battery-fueled electrical power than on high-priced petroleum.



That is why the White House is championing the mass adoption of lithium-ion batteries as the most efficient way to electrify motorized vehicles. In 2009, alone, the U.S. federal government granted over US$25 billion in loans to automobile and battery makers. Such initiatives promise to help President Obama accomplish his well-publicized mandate to usher-in one million electric vehicles in the U.S. by 2015.

the 44th President of the United States...Bara...Image by jmtimages via Flickr

Similarly, the leaders of other major industrialized nations are also rallying around such political and economic imperatives with their own multi-billion dollar incentives. That’s because rechargeable lithium-ion batteries are lighter and cheaper than conventional rechargeable nickel batteries. Notably, they are also much more powerful and have at least twice the energy density, as well as a longer operating life and other key advantages.



The lithium battery market is already worth over $4 billion annually, though this figure is mostly derived from its widespread use in portable electronic devices. However, the advent of green cars powered by batteries that use 20-60 pounds of lithium oxide is already creating a heightened demand for this new-age metal.



Most importantly, the business world is already sold on the benefits of this invaluable new energy source. Approximately two dozen models of eco-automobiles are expected to be on the market by 2012. Most of them will be plug-in hybrid vehicles that can cost-effectively alternate between gasoline fuel and electrical power.



Consequently, demand for lithium powered vehicles is expected to increase as much as fivefold within the next 5-7 years, according to many industry analysts. And some estimates suggest that as many as 250 million electric cars will be driven by the year 2020 -- the majority of which will be manufactured and driven in the emerging superpowers of China, India and Brazil.



Such milestone events are music to the ears of the world’s tiny handful of lithium miners and developers of new deposits. Yet, they will be pressed to their very limits in trying to satisfy a year-on-year exponential surge in demand for the world’s new battery of choice.



One of the lithium exploration and development companies that is moving as fast as possible to capitalize on the burgeoning demand for lithium, particularly in the United States, is Rodinia Lithium Inc. (TSX: V.RM, Stock Forum).



The company’s President William Randall believes that a supply squeeze is on the horizon, and this 21st century metal will becomes an increasingly “strategic commodity” for the U.S. industrial sector. This is why Rodinia wants to help ramp-up future lithium supplies in the U.S. by developing America’s next prospective lithium mine.



“We’re looking to become only the second company in the U.S. to supply the domestic market, which is obviously going to continue to be one of the major consumers of lithium in the future,” he says.



Most of the world’s lithium supplies come from three Latin American nations -- Bolivia, Chile and Argentina. This is potentially problematic, Randall suggests. That’s because there are various technical and geopolitical hurdles in these countries to ensuring the availability of a steady long-term supply of lithium for the U.S. battery manufacturing and automotive industries.



In fact, the assurance of a long-term supply of lithium is also a major concern for all major auto manufacturers, not just in the U.S. but in all of the world’s major markets. Notably, only about half a dozen countries worldwide, including China, account for all of the world’s lithium production. The U.S. contributes as little as 3% to this output.



Hence, Thomas Brachmann of Honda’s R&D division in Europe, where there are no lithium producers, says that his company “has big concerns regarding the supply of lithium.”



In North America, the Ford Motor Company has also been very vocal about securing long-term lithium supplies, especially as the domestic auto industry does not want to replace a dependency on foreign oil with one on foreign lithium.



“The industry needs to know where the lithium is going to come from. Are these countries friendly to the Western World?” says Charles Wu, a spokesperson for Ford Research.



Even President Obama has expressed serious concerns about future lithium supplies. In a speech last summer he declared: “Switching Middle Eastern oil for foreign batteries is not an option.”



This will prove to be a daunting challenge as the U.S. is home to only one lithium producer – Chemetall Foote, which operates the Silver Peak mine in Nevada. That is why the company was just given a $28.4 million grant earlier this year by the U.S. Department of Energy with the aim of doubling the mine’s production of lithium.



However, Rodinia hopes to play its own important role in placating the concerns of President Obama and the U.S auto industry. The company is moving as fast as it can to develop a second lithium mining operation in mining-friendly Nevada. One that is equally close to both U.S. auto plants and lithium-ion battery developers.



In fact, Rodinia’s 50,000-acre-plus property surrounds the Silver Peak Mine in the heart of Clayton Valley, which is situated halfway between Reno and Las Vegas. The company says it’s confident it can duplicate Chemetall Foote’s successful business model, which has yielded 50 million kilograms of lithium since the Silver Peak mine was first commissioned over 40 years ago.



This has also been achieved on a very cost-effective basis as there is no hard rock mining involved, which typically involves large scale digging, blasting and crushing of huge tonnages of rock. Instead, Chemetall Foote extracts the lithium from aquifers below the valley by simply pumping it to surface.



Randall says that Rodinia is especially very encouraged by its exploration results to date, as well as the fact that Clayton Valley hosts an estimated 700 million kilograms of lithium, according to the federal government’s U.S. Geological Survey.



“We own a very large percentage of the valley, at around 90 per cent, which includes the deeper parts of the valley where most of the lithium may be concentrated. And that’s where we are having the most success with our drilling,” he says. “In fact, we’re encountering better grades than Chemetall is currently mining in this valley.”



“So, we expect to end up with a very large portion of the resource outlined by the U.S. Geological Survey. This gives us the potential to become a significant player in the lithium market.”



“Rodinia also has a stable of lithium-rich salars in Argentina and is aggressively advancing a salar project there to provide additional lithium production for either the domestic US market or international auto manufacturers,” Randall adds.



The company next plans to complete a second phase of drilling at its Clayton Valley project , involving up to 72 holes. And that will form the basis of a preliminary resource estimate, which should be announced before the year’s end, according to Randall.



This will be a milestone development for the company as Randall is convinced that a green revolution in the global automotive business will make lithium one of the planet’s most strategic and valuable commodities within the next few years.



That means that Rodinia Lithium appears to be very much in the right place at the right time. And as we all know: timing is everything in the investment business.



Other junior mining companies that are active in the exploration and development of lithium projects in Nevada include First Lithium Resources Inc. (TSX: V.MCI, Stock Forum), Western Lithium USA Corp. (TSX: V.WLC, Stock Forum), and American Lithium Minerals Inc. (OTC.BB: AMLM, Stock Forum).



Disclosure: The principals of www.BNWnews.ca do not directly or indirectly own shares in any of the companies mentioned in this article.

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Sunday, August 01, 2010

Lithium Charge: Despite the Skeptics, We're Heading Towards Electric Avenue TNR.v, CZX.v, RM.v, LI.v, LIT.V, LMR.v, WLC.v, CLQ.v, TSLA, HEV, LIT, AONE


Electric Cars PR campaign is moving forward and Nissan Leaf and GM Volt launch now is just few months away. Both companies already demonstrate fierce competition and GM Volt has announced 50% increase in its initial production rate "due to increased demand and positive reception of the GM Volt". Recent weather all around the Globe is making its point discussed in the following presentation: Global Warming is the real Trend. China is among mostly exposed to pollution and Oil imports price shock in case of Peak Oil and is moving forward with its Electric Car Revolution:


This presentation from Booz&C0 provides more insight into the Chinese plan to Electrify their transportation system. As we have wrote before, please, make no mistake it is a long term plan with a serious geopolitical implications, they have committed resources and executing it now step by step.


EV World:




Source: Globe and Mail/Canada Class: SYNDICATED NEWS SYNOPSIS: Canadian Television profiles EV World commentator Peder Norby.
If you ask (EV World blogger) Peder Norby what he thinks of Al Gore, hell chuckle and use the phrase “snake-oil salesman.” He refers toquote unquote global warming.” He’s a self-described conservative Republican, calls himself a boring person, and has never been on the cutting edge of anything. And yet Mr. Norby, a 47-year-old planning commissioner with the County of San Diego, may just be an unlikely poster boy for one of the most momentous movements now under way, a worldwide revolution that its most ardent advocates say has the potential to pre-empt wars and save the planet.
And it all begins with the adorable little car sitting in the driveway of Mr. Norby’s southern California home, the one with the license plate that readsSUNGAS.”
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