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Global Nickel Demand Soars: Kenbridge Project Forecasts $837 Million NSR For Tartisan Nickel

Posted by Brittany McNabb at 11:41 AM on Monday, November 4th, 2024

Kenbridge Nickel Project Highlights

  • Life of Mine revenues from NSR are estimated at $837 million
  • Class 1 Nickel
  • NI 43-101 Resource:
    • 74M lbs. Nickel / 39.1M lbs. Copper –  Measured & Indicated
    • 32.7M lbs. Nickel / 14.9M lbs. Copper – Inferred
  • 100% Ownership in Stable Jurisdiction

Industry Outlook and Tartisan Nickel’s Trajectory

With the global transition to clean energy accelerating, the demand for nickel—essential for electric vehicle (EV) batteries, solar panels, and wind turbines—is skyrocketing. Industry experts emphasize the importance of sourcing nickel sustainably to meet this demand responsibly. Tartisan Nickel Corp., a prominent player in nickel exploration and development, stands at the forefront of this shift, aligning its strategies with these macro-level trends to contribute to a reliable, sustainable nickel supply chain. Tartisan’s accomplishments reflect its readiness to address industry demands while prioritizing environmental responsibility.

Voices of Authority

Industry leaders, including materials scientists from MIT, have highlighted nickel’s critical role in clean energy. Their findings reveal both the increasing importance of nickel in the EV supply chain and the environmental challenges associated with nickel mining and processing. As industry insiders advocate for responsible sourcing, Tartisan Nickel’s transparent practices, commitment to responsible extraction, and its location in a politically stable region place it in a favorable position within this competitive sector.

Tartisan Nickel’s Highlights

Tartisan Nickel has marked significant progress with milestones centered around their Kenbridge Nickel Project in Northwestern Ontario. They’ve recently completed an initial 5.8 kilometers of access roadwork, encompassing essential infrastructure like ditching, culvert installation, and gravelling. A critical achievement is the installation of a 50-foot temporary steel bridge over the Atikwa River, facilitating efficient access to the project site for personnel, equipment, and local First Nations communities. These developments represent key steps in enhancing logistics, potentially lowering project costs, and progressing toward production. Furthering their commitment to advancing the EV supply chain.

Their Kenbridge Nickel Project serves as a key pillar of its growth strategy, featuring over 7.47 million tonnes of measured and indicated resources that include approximately 74 million pounds of nickel and 39.1 million pounds of copper. Inferred resources also account for 32.7 million pounds of nickel and 14.9 million pounds of copper. A recent Preliminary Economic Assessment (PEA) indicates a nine-year mine life with opportunities for expanded production capacity, underscoring the project’s scalability.

Situated in Ontario—a stable mining jurisdiction—Kenbridge provides Tartisan with a competitive edge. The company’s dedication to responsible mining and minimizing environmental impact aligns with the industry’s shift towards sustainable practices, appealing to investors focused on Environmental, Social, and Governance (ESG) principles.

Real-World Relevance

The progress made by Tartisan translates directly to tangible impacts on the clean energy economy. By ensuring steady nickel production, Tartisan plays a key role in supporting the growth of EV manufacturing, directly contributing to increased driving range and efficiency in electric cars. Tartisan’s efforts to reduce extraction-related environmental impact are crucial in a world where sustainability is paramount.

Looking Ahead with Tartisan Nickel

Looking forward, Tartisan Nickel is well-positioned to continue expanding its influence within the nickel industry. As global policies push for more sustainable practices, Tartisan’s commitment to responsible mining and project development highlights its potential to contribute meaningfully to both investors and the broader clean energy landscape. With an optimistic outlook, Tartisan Nickel is set to remain an essential participant in clean energy’s push for a stable and responsible nickel supply chain.

 

Source: https://techxplore.com/news/2024-11-qa-experts-energy-sustainable-nickel.html

 

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DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

 

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

 

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

 

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

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This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

 

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

 

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

 

If you have any questions, please direct them to [email protected] 

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From Mine to Market: Tartisan Nickel’s Role in the Green Energy Boom

Posted by Brittany McNabb at 3:15 PM on Thursday, July 25th, 2024

Introduction

As the world accelerates towards a green revolution, the role of critical minerals like nickel becomes increasingly pivotal. Nickel, once known as the “devil’s metal,” is now indispensable in the production of batteries for electric vehicles (EVs), making it a cornerstone of the clean energy transition. Tartisan Nickel Corp. (CSE: TN; OTCQB: TTSRF; FSE: 8TA) stands at the forefront of this movement, leveraging its rich resources and strategic vision to drive the future of sustainable transportation.

Industry Outlook and Tartisan Nickel’s Trajectory

The demand for nickel is set to soar as the global market for electric vehicles is projected to reach $675.64 billion by 2033. This surge is driven by the increasing adoption of EVs, supported by legislative measures aimed at reducing carbon emissions. Nickel’s role in this transition is critical due to its use in lithium-ion batteries, which are essential for EVs. Tartisan Nickel, with its substantial nickel resources and advanced projects, is well-positioned to capitalize on this trend.

Tartisan Nickel’s Strategic Projects

Tartisan Nickel’s flagship project, the Kenbridge Nickel Project in northwestern Ontario, is a prime example of the company’s commitment to advancing the green revolution. The Kenbridge Project boasts over 30,000 tonnes of high-grade nickel resources and a total measured and indicated resource of over 7.47 million tonnes. This project is crucial in supplying the high-purity nickel required for EV batteries.

The Kenbridge Project’s Preliminary Economic Assessment (PEA) highlights a robust nine-year mine plan with a potential increase to 2,000 tonnes per day (tpd). The Life of Mine revenues from the Net Smelter Return (NSR) are estimated at $837 million, underscoring the project’s economic viability and significant contribution to the clean energy sector.

Sustainable Mining Practices

Tartisan Nickel is committed to sustainable mining practices, ensuring that their operations have minimal environmental impact. This includes adhering to strict environmental standards, investing in technologies to reduce emissions and waste, and rehabilitating mined areas through reforestation and biodiversity restoration. These practices not only mitigate the environmental footprint but also align with global efforts to promote sustainability in the mining industry.

Real-world Relevance

Nickel’s importance in the energy transition cannot be overstated. Its ability to enhance battery performance by increasing energy density makes it indispensable in EV production. As EVs become more affordable and their adoption accelerates, the demand for nickel-rich batteries will continue to rise. Tartisan Nickel’s strategic initiatives ensure a steady supply of this critical mineral, supporting the global shift towards cleaner energy.

Looking Ahead with Tartisan Nickel

The future looks promising for Tartisan Nickel. With the global nickel mining market expected to reach $94 billion by 2033, the company is strategically positioned to meet the growing demand. Their focus on sustainable practices and continuous advancements in their projects ensures that they remain a key player in the nickel supply chain, driving the green revolution forward.

Conclusion

Tartisan Nickel is not just participating in the green revolution; it is leading the charge. By supplying critical minerals essential for EVs and other low-carbon technologies, the company plays a pivotal role in the transition to sustainable energy. With a strong commitment to sustainability and a clear strategic vision, Tartisan Nickel is set to be a compelling force in the industry’s growth narrative.

Source: https://www.lombardodier.com/contents/corporate-news/responsible-capital/2024/march/the-metals-of-the-future-how-cri.html

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 DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

 Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

From time to time, reference may be made in our marketing materials to prior Records we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

NO INVESTMENT ADVICE

This record, and any record we publish by or on behalf of our clients, should not be construed as an offer or solicitation to buy or sell products or securities.

You understand and agree that no content in this record or published by AGORACOM constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person and that no such content is tailored to any specific person’s needs. We will never advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

Neither the writer of this record nor AGORACOM is an investment advisor.  Both are neither licensed to provide nor are making any buy or sell recommendations. For more information about this or any other company, please review their public documents to conduct your own due diligence.

If you have any questions, please direct them to [email protected]

For our full website disclaimer, please visit  https://agoracom.com/terms-and-conditions 

Lancaster Resources at the Forefront of the Critical Minerals Industry

Posted by Brittany McNabb at 3:43 PM on Monday, July 22nd, 2024

Industry Outlook and Lancaster Resources Trajectory

The mining industry faces substantial challenges, with the United States notably exhibiting the second-longest lead times worldwide for developing new mines, according to S&P Global. Despite a considerable resource base, the U.S. sees an average of 29 years from discovery to production, overshadowed only by Zambia. This backdrop highlights the significant potential for companies like Lancaster Resources, which are poised to leverage advanced technologies and strategic planning to overcome these barriers.

Lancaster Resources Inc. (CSE: OTCQB) (FRA:6UF0), a North American critical minerals exploration company, has positioned itself as a key player in the lithium, gold, and uranium sectors. Their strategic initiatives and technological partnerships, particularly in lithium exploration, place them at an advantageous point within the industry’s growth trajectory.

Voices of Authority

Mohsen Bonakdarpour, Executive Director at S&P, notes the substantial pre-production value of U.S. mines still in development, emphasizing the untapped potential within the sector. He states, “The pre-production value of the 10 U.S. mines still in development, though not yet operating, represents more than $100 billion worth of copper, gold, lithium, and zinc.” This perspective underscores the importance of effective resource management and technological integration, both of which are central to Lancaster Resources’ strategy.

Lancaster Resources Highlights

Lancaster Resources has made significant strides with their diversified project portfolio, including lithium, gold, and uranium:

  • Lithium Exploration: Recently received drill permit approval for the Alkali Flat Lithium Brine Project in New Mexico , targeting a closed-basin brine deposit in a playa lake setting. These deposits contain an estimated 58% of the world’s lithium resources.
  • Technological Advancements: Engaged KorrAI Technologies Inc. to implement AI-driven geospatial solutions for their uranium exploration projects at Catley Lake and Centennial East properties.
  • Uranium Prospects: Leveraging advanced hyperspectral data to identify subsurface uranium, ensuring a strategic approach to their exploration activities.

Real-world Relevance

Lancaster Resources’ initiatives resonate with the broader market’s push towards sustainable energy solutions. The Alkali Flat Lithium Brine Project, for instance, is crucial in supporting the growing demand for electric vehicles (EVs). Lithium, a core component of EV batteries, is pivotal as 90% of vehicle shoppers are expected to consider EVs by 2033. Lancaster Resources’ efforts directly contribute to this green transition, positioning them as a key supplier in the shift towards sustainable transportation.

Looking Ahead with Lancaster Resources

The forward-looking strategies of Lancaster Resources align seamlessly with the industry’s optimistic forecasts. Their commitment to integrating advanced technologies and focusing on critical minerals places them in an ideal position to capitalize on the anticipated growth in the mining sector. As the industry navigates through lengthy development timelines and regulatory challenges, Lancaster Resources’ proactive approach and strategic partnerships are set to yield significant returns.

Conclusion

Lancaster Resources emerges as a compelling participant in the evolving landscape of critical minerals exploration. Their diversified projects in lithium, gold, and uranium, coupled with their strategic use of advanced technologies, underscore their potential to overcome industry challenges and contribute meaningfully to the global shift towards sustainable energy. Lancaster Resources represents a promising opportunity to engage with a forward-thinking company at the forefront of the critical minerals industry.

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DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.

In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.  

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

Source: https://www.mining.com/us-has-second-longest-mine-development-timeline-in-the-world-sp-global-says/

Iconic $ICM.ca Receives Core Drilling Geochemistry for Bonnie Claire #Lithium Project, Nevada $NRM.ca $CYP.ca $LI.ca $ALB $LAC.ca

Posted by AGORACOM-JC at 3:08 PM on Friday, October 30th, 2020
  • Received geochemical results for sediments from two core holes at the Bonnie Claire Lithium Deposit in Nevada
  • Both drill holes contain intercepts of +1,000 ppm lithium and continue to show that results are consistent with those from prior drilling
  • Core hole BC2001C intersected 67 meters (220 feet) averaging 1209 ppm Li and contained a high of 1710 ppm Li. Core hole BC2002C contained a high of 1070 ppm Li

Vancouver, British Columbia–(October 30, 2020) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) is pleased to announce that it has received geochemical results for sediments from two core holes at the Bonnie Claire Lithium Deposit in Nevada. Both drill holes contain intercepts of +1,000 ppm lithium and continue to show that results are consistent with those from prior drilling. Sediment geochemical analysis was done by ALS Chemex of Reno, Nevada.

Core hole BC2001C intersected 67 meters (220 feet) averaging 1209 ppm Li and contained a high of 1710 ppm Li. Core hole BC2002C contained a high of 1070 ppm Li. Occasional lighter colored sediments seen in the core may indicate some leaching of soluble elements is occurring. Water samples, highly diluted by added drill water, were taken from each core hole. The water samples were analyzed for dissolved lithium by Western Environmental Testing of Sparks, Nevada. Of the four samples taken the high for dissolved lithium was 38 ppm. The highest water sample taken in all of Iconic’s previous drilling at Bonnie Claire, with the exception of one non-repeatable sample, was 4.1 ppm Li. As a result of these encouraging results the water sampling was also taken in the RC drilling program. These samples were taken at rod changes after clearing the hole of drill water.

The RC (reverse circulation) drilling has now been completed. A total of four holes ranging from 61 to 109 meters (200 to 358 feet) were drilled to expand the resource and collect samples for metallurgy. Samples have been sent for testing to ALS Chemex of Reno Nevada for assaying. The drilling extended the current resource approximately 2,500 meters (8,200 feet) to the south.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.

Richard Kern, Certified Professional Geologist (#11494) and CEO of Iconic is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.

On behalf of the Board of Directors

SIGNED: “Richard Kern
Richard Kern,
President and CEO

Contact:
Keturah Nathe
VP Corporate Development
(604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com.

The Company’s public documents may be accessed at www.sedar.com.

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.

European Commission Adds Lithium to Critical Raw Materials List SPONSOR: St-Georges Eco-Mining $SX.ca $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM at 12:48 PM on Friday, September 11th, 2020

EC reports highlighted an overlap between the location battery raw materials resources in the EU and “regions that are heavily dependent on coal or carbon-intensive industries and where battery factories are planned”. Image: EC Joint Centre for Research.

Lithium has been added to a list of raw materials deemed essential to secure supply in Europe, for the first time ever, by the European Commission.

Earlier this month the Commission presented its Action Plan on Critical Raw Materials and a “foresight study” on critical raw materials looking ahead to 2030 and 2050, as well as its updated 2020 list of materials. This list is updated every three years and identifies the raw materials that the Commission said are “most important economically and have a high supply risk”.

A statement from the EC also talked about the importance of access to certain resources to deliver the European Green Deal while preventing the shift to carbon neutrality from becoming also a shift from dependency on fossil fuels to a dependency on raw materials. This week, Members of European Parliament spoke at a webinar hosted by European energy storage industry group EASE about the vital importance of energy storage for decarbonising the continent while also ensuring security of energy supply.

The EC’s documents likewise firmly emphasised the importance of battery raw materials. While cobalt is already on that list, and lithium was added this year, the EC said it will “monitor nickel closely,” given the metal’s importance in battery production. Vanadium, used in flow batteries – as well as in steel production – is also on the 2020 list.

“A secure and sustainable supply of raw materials is a prerequisite for a resilient economy. For e-car batteries and energy storage alone, Europe will for instance need up to 18 times more lithium by 2030 and up to 60 times more by 2050,” said European Commission politician Maroš Šefčovič, who has championed the need to create battery supply chains and manufacturing capabilities in the continent.

“As our foresight shows, we cannot allow to replace current reliance on fossil fuels with dependency on critical raw materials. This has been magnified by the coronavirus disruptions in our strategic value chains.”

Šefčovič, the EC’s Vice-President for Interinstitutional Relations and Foresight, was instrumental in the creation of the European Battery Alliance, which has committed to investing billions of Euros into the manufacturing value chain on the continent over the next few years.

One of the projects to benefit from that Alliance, start-up Northvolt’s first gigafactory in Sweden, received its first processing equipment a few days ago, the company said. Now, the European Commission is set to formulate a similar Alliance for Critical Raw Materials.

SOURCE: https://www.energy-storage.news/news/european-commission-adds-lithium-to-critical-raw-materials-list

Iconic $ICM.ca Initiates Drilling Program at Bonnie Claire Lithium Project, Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca

Posted by AGORACOM-JC at 9:12 AM on Tuesday, August 11th, 2020
  • Announced that it has mobilized a drill crew and drilling equipment to the Bonnie Claire Lithium Deposit in Nevada
  • Exploration program will consist of 3-5 vertical reverse circulation (RC) holes 90-120 meters (300-400 feet) in depth and 2 vertical core holes 90-120 meters (300-400 feet) in depth

Vancouver, British Columbia–(August 11, 2020) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) is pleased to announce that it has mobilized a drill crew and drilling equipment to the Bonnie Claire Lithium Deposit in Nevada. The drilling contract was signed with Harris Exploration Drilling of Fallon, Nevada, for both core and RC drilling.

The exploration program will consist of 3-5 vertical reverse circulation (RC) holes 90-120 meters (300-400 feet) in depth and 2 vertical core holes 90-120 meters (300-400 feet) in depth (the “Drill Holes”). The RC drilling will provide additional samples for metallurgical testing as well as expand the existing resource. The core holes will be the first drilled on the Bonnie Claire Project, and will be used in engineering studies for a Preliminary Economic Assessment (PEA).

All of the planned Drill Holes are south of Iconic’s previous deep drilling (BC1601-1801) in an area of linear lithium anomalies found by surface grid sampling. It is hoped that the sediment hosted lithium will begin very shallow in this area which may allow for future bulk sampling using an excavator. In past drilling the shallowest depth of lithium rich sediments that was intercepted was at 6 meters (20 feet) and contained +600 ppm Li, which increased at depth with Li values up to 2250ppm. In addition to collecting the sediments for testing, because the surface anomalies may indicate near-surface lithium brine, preliminary semi-quantitative brine samples will also be taken from all holes during drilling.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.

On behalf of the Board of Directors

SIGNED: “Richard Kern

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com
The Company’s public documents may be accessed at www.sedar.com

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.

Iconic $ICM.ca Provides Update on Drilling Program and Phase 2 Metallurgical Testing For Bonnie Claire #Lithium Project, Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca

Posted by AGORACOM-JC at 10:15 AM on Thursday, February 20th, 2020
  • Announced that it is planning a spring drilling campaign as soon as the weather is conducive for entry into the Bonnie Claire Lithium Deposit in Nevada
  • Iconic has received an update from St-Georges Eco-Mining Corp. regarding Phase 2 metallurgical testing of the lithium-rich sediment from Iconic’s Bonnie Claire lithium deposit in Nevada

Vancouver, British Columbia–(February 20, 2020) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) is pleased to announce that it is planning a spring drilling campaign as soon as the weather is conducive for entry into the Bonnie Claire Lithium Deposit in Nevada.

Iconic has received an update from St-Georges Eco-Mining Corp. (“St-George”) (CSE: SX) regarding Phase 2 metallurgical testing of the lithium-rich sediment from Iconic’s Bonnie Claire lithium deposit in Nevada. Iconic is encouraged by this update and is sending additional drill cuttings to meet St-Georges’ requests and allow further progress toward completing the Phase 2 report.

St-Georges is proceeding with the next stages of tests within Phase 2, where its current focus is the optimization of chemicals consumption and purification steps to meet the requirements for lithium hydroxide. Iconic looks forward to receiving further metallurgical results from St Georges.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.

On behalf of the Board of Directors

SIGNED: “Richard Kern

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com
The Company’s public documents may be accessed at www.sedar.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/52593

VIDEO: Lomiko Metals $LMR.ca Is Well Positioned To Supply #Graphite to North American Giga Factories $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-JC at 9:31 AM on Thursday, December 19th, 2019

As 2019 comes to a close, sit back and watch CEO Paul Gill provide a compelling year-end recap. With a high grade graphite resource already in place, growing and situated in North America, Lomiko Metals (LMR:TSXV) believes it is on the verge of becoming a supplier to multiple gigafactories being built in North America to support the electric vehicle boom.

Iconic Minerals $ICM.ca – Better #battery tech could boost #EV range, speed up charging $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca

Posted by AGORACOM-JC at 5:06 PM on Wednesday, November 27th, 2019

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Better battery tech could boost EV range, speed up charging

At least if battery manufacturers can keep up with demand as electric power expands.

  • Battery demand is surging as conventional automakers catch EV religion
  • Along with US automakers, German giant Volkswagen now has a massive EV push
  • And Japan’s Toyota, taken by surprise when EV demand grew faster than it expected, is pushing battery-powered car development and working on battery supply deals.

Stephen Shankland November 25, 2019

Ford’s first electric SUV, the Mustang Mach-E, arrives next year, and it shows just how far we’ve come with EVs. Mainstream carmakers like Nissan, General Motors, BMW, Hyundai, Jaguar and Porsche are filling a field that once belonged to counterculture icon Tesla. And better batteries should keep the new models coming.

At the IDTechEx conference this week, startups showed off new battery technology that improves on today’s lithium-ion designs. The developments increase driving range, cut costs, extend useful lifespan, speed up charging and reduce fire risks. That’ll continue the kind of steady progress that’s more common in the computer industry than the car industry.

For now, the improvements are mostly in labs, and many of them won’t arrive until well into the next decade. But they’re an important foundation for the dreams of EV proponents, who want to see conventional cars that belch greenhouse gases replaced by cleaner, quieter electrics. Once passenger cars are plug-in, expect to see electric trucks, tractors, excavators, buses and even airplanes.

Burgeoning battery startups

The most important battery improvement is in energy density, the amount of kilowatt-hours of juice that can be stored in a given mass. That can extend range, cut battery costs and reduce vehicle weight, which in turn improves range. Startups are racing to achieve that and other improvements through changes to anodes, cathodes and other components.

Enevate, an Irvine, California-based startup whose investors include battery giant LG Chem, expects more storage capacity and dramatically faster charging. The company sees charging times dropping to just five minutes for a three-quarter charge. Conventional gas stations could be converted into “drive-through charging stations,” Executive Vice President Jarvis Tou said.

Another, Solid Battery, plans solid-state cells that do away with liquid elements and increase energy density by 50%, according to Chief Executive Douglas Campbell. His company’s approach has “the best blend of performance and manufacturability” and boosts safety, and BMW and Ford have development agreements with the company, he said.

Global Graphene Group also plans to improve batteries by encasing silicon in the anode with graphene, an exotic form of carbon sheets only one atom thick. The result, according to CEO Bor Jang, a longtime graphene researcher, will be batteries costing 30% less and powering EVs with a 700-mile range. Jang expects those batteries can be fully charged in five to 15 minutes.

Will EV demand mean battery shortages?

It all sounds promising, but burgeoning demand could cause battery costs to increase. Indeed, battery supply constraints mean Ford will make only 50,000 Mustang Mach-E vehicles in 2021.

“The demand is going to be enormous,” IDTechEx analyst Peter Harrop said of vehicle batteries. “We keep revising our forecasts upwards.”

Battery demand is surging as conventional automakers catch EV religion. Along with US automakers, German giant Volkswagen now has a massive EV push. And Japan’s Toyota, taken by surprise when EV demand grew faster than it expected, is pushing battery-powered car development and working on battery supply deals.

Electric vehicle sales should increase from 2 million in 2018 to 10 million in 2025, BloombergNEF forecasts. No wonder Tesla, which just announced its Cybertruck pickup on Thursday, is working on building its own batteries.

Analyst firm IDTechEx expects electric vehicles used for construction, agriculture and mining to outsell electric passenger cars. IDTechEx; photo by Stephen Shankland/CNET

Rising costs could slow the spread of electric power to all sorts of other industries, too, like construction, agriculture, mining, mass transit and aircraft.

Battery progress will help all these new industries become greener and quieter only if all that extra energy can be squeezed more tightly into cells without increasing risks of fires and explosions. Lithium-ion battery fires grounded Boeing’s early 787 Dreamliner aircraft, and there have been problems in large batteries for grid-scale energy storage because of insufficient testing, Harrop said.

“The industry is cutting corners in the race to get energy density, faster charging and longer cycle life,” Harrop said. “The fires will continue.”

Electric aircraft, too

Still, many companies, like French aerospace giant Airbus and US rival Boeing, believe batteries are coming.

Startup Ampaire is banking on a hybrid aircraft that marries conventional fuel-powered engines with battery-powered motors for propeller-powered aircraft common on short-haul routes. They’ll be much quieter at takeoff and will cut fuel use, a major constraint for short flights that are canceled when fuel costs increase, said Pete Savagian, the company’s senior vice president of engineering.

A larger scale hybrid due in 2021, the Airbus E-Fan X prototype jet will swap out one of its four conventional jet engines with a 2-megawatt electric motor, said Bruno Samaniego López, a power and electrical engineering leader at the company. A new single-aisle jet with 20MW of electrical power is planned after that, he adds.

“We are very committed to this ambitious path of electrification,” Samaniego López said. “It is happening, and it will be the future.”

Source: https://www.cnet.com/roadshow/news/better-battery-tech-could-boost-ev-range-speed-up-charging/

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Posted by AGORACOM-JC at 2:00 PM on Monday, November 25th, 2019

SPONSOR: Iconic Minerals Ltd. ICM:TSX-V Bonnie Claire Lithium Property hosts Inferred resource of 11.8 billion pounds of lithium carbonate equivalent and has the potential to be the largest lithium resource globally. Learn More.

Lithium Ion Battery Market Growth Factors, Demand and Trends Forecast

  • In recent years, the growth in the industrial automation has been highly eye-catching
  • This has been particularly beneficial for the development of the global lithium ion battery market for the application of material handling equipment
  • Global lithium ion battery market is driven by the growing penetration of smartphones, tablets, PCs, power tools, and digital cameras
  • Also witnessing an increase from the flourishing automobile industry

By: tmrresearch

Lithium Ion Battery Market – Snapshot

Lithium ion batteries are a type of rechargeable batteries that have high energy density. These batteries have a very wide range of application. However, primarily these lithium ion batteries are used in portable devices and equipment. The global lithium ion battery market is expected to witness a considerable growth over the course of the given forecast period with a considerable rise in the use of tablets, PC, smartphones, digital camera, and other power tools. These batteries have gained immense popularity in recent years, especially in the automobile production sector as they provide a solid alternative to the nickel metal batteries that are primarily used in manufacturing of electric cars. Another reason for their growing use is because of their light weight and small size that make them an ideal fit for a wide range of applications.

In recent years, the growth in the industrial automation has been highly eye-catching. This has been particularly beneficial for the development of the global lithium ion battery market for the application of material handling equipment. Over the years, several technological advancements have brought considerable growth in the material handling equipment sector. Some of the highly popular material handling equipment are automated guided vehicles, intralogistics systems, industrial trucks, and elevating equipment. Interestingly, all of these machine handling equipment are battery operated. With lithium ion’s stronger energy density, long lasting power, compact size, and light weight, these batteries are the most preferred option to be fitted across the equipment. Naturally, this has helped in the development of the global lithium ion battery market.

Lithium-ion batteries are rechargeable batteries that have high energy density and are used extensively in portable equipment. The global lithium ion battery market is driven by the growing penetration of smartphones, tablets, PCs, power tools, and digital cameras. The demand for Li-ion batteries is also witnessing an increase from the flourishing automobile industry. The demand for electric vehicles is increasing and with it, the demand for lithium ion batteries. The popularity of these batteries is increasing among automobile manufacturers as they are small in size and light in weight as compared to nickel metal batteries.

The lithium ion battery market is greatly fragmented with a large number of domestic players. These domestic players are accounting for a high share in the lithium ion battery market. There are small, medium, and large scale players in the industry and this is the reason behind the extreme competitive environment within the global lithium-ion battery market. The introduction of innovative and new technologies will help with the growth of the market. Many players are also investing in research and development and this will trigger increased competition among existing players. Product launches are a key strategy adopted by players in the industry. The lithium ion battery market players are also adopting the strategy of mergers and acquisitions so as to gain competitive edge and increase their customer base.

Global Lithium Ion Battery Market: Overview

Lithium-ion batteries are rechargeable batteries, in which lithium ions move from positive electrode to negative electrode during charging and back when discharging. These batteries are commonly used in consumer electronics. They make use of an intercalated lithium compound as an electrode material, compared to the metallic lithium used in a non-rechargeable lithium battery.  Besides that, their popularity is growing rapidly across sectors such as military, automotive, aerospace, and industrial.

Global Lithium Ion Battery Market: Key Trends

The various advantages offered by lithium ion batteries such as lightweight, rechargeable, environment-friendliness, high energy density, and no memory effect are boosting their adoption in smartphones, tablets, and automobiles. Hence, the proliferation of smartphones and tablets is providing a fillip to the global lithium ion battery market. Moreover, the escalating need for efficient and green solutions for power supply and energy storage is augmenting the market. Traditional batteries such as nickel-metal-hybrid, lead-acid, and sodium-sulfur have hazardous effects on the environment. In addition, the rising production of hybrid electric vehicles and electrical vehicles is creating a staggering volume of demand for these batteries in the automotive sector.

On the flip side, the higher cost of lithium ion batteries as compared to traditional batteries is limiting their widespread adoption. Furthermore, the risk of overheating and a subsequent fire associated with these batteries can pose a major threat to cars and other electronic devices, which in turn is restricting the lithium ion battery market from realizing its utmost potential.

Global Lithium Ion Battery Market: Market Potential

Several players in the global lithium-ion battery market are aiming at expanding their lithium ion battery facilities to enhance their visibility in the market. A case in point is Utility San Diego Gas and Electric (SDG&E) and AES Energy Storage, a subsidiary of Automotive Energy Supply Corporation, which in February 2017, inaugurated their new energy storage facility in Escondido, California, which they claim to be the world’s largest lithium-ion battery energy storage site. The capacity of this system is 30MW/120MWh and has the ability to store energy for the equivalent of 20,000 customers for four hours. Such steps taken by players are likely to scale up energy storage capacity and drive the market over the coming years.

Global Lithium Ion Battery Market: Regional Outlook

The segments covered in the lithium ion battery market report on the basis of geography are Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. Asia Pacific is expected to represent a sizeable share in the market throughout the review period. The domicile of a large number of key manufacturers is providing an edge to the region over other regions. Countries such as India, China, Singapore, Australia, and Japan will be sights of high growth in APAC. The growth of the lithium ion battery market in these countries can be attributed to the increasing regulations to reduce the carbon footprint and lead pollution.

North America will be a prominent lithium ion battery market during the same period. The increasing sales of electric vehicles along with the burgeoning demand for high-quality consumer electronics products are contributing to the growth of the region.

Global Lithium Ion Battery Market: Competitive Landscape

The global lithium ion battery market is highly consolidated in nature. Strict regulatory framework for the manufacturing of conventional batteries is attracting new players to invest in the market. The influx of new manufacturers is likely to make this market fragmented over the coming years. However, prominent players offer stiff competition to new entrants due to their competitive advantage in their terms of strong foothold and easy access to raw materials.

Research and development activities are expected to be the top priority for the majority of players to increase their shares in the market. Some of the key companies operating in the global lithium ion battery market are LG Chemical Power, Johnson Controls, Hitachi Chemical, Panasonic, Samsung, Toshiba, Sony, and AESC.

Source: https://statsflash.com/lithium-ion-battery-market-growth-factors-demand-and-trends-forecast-to-2025/420030/