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Kontrol $KNR.ca Receives Approval for Government Grant to Accelerate the Development of New #COVID19 Testing Technology $SNE $MSFT $HON $GOOGL $QCOM $SONA.ca

Posted by AGORACOM-JC at 9:35 AM on Wednesday, August 5th, 2020
kontrol-logo
  • Announced that it has received approval for an initial government grant of $50,000 from the National Research Council of Canada to accelerate its new Covid-19 testing technology, the Kontrol BioCloud® analyzer
  • Drawing from its extensive industry experience in air emissions and air quality monitoring, Kontrol is developing a new technology designed to detect and alert for COVID-19, in real-time, through rapid on-site air sampling and detection of aerosol and droplet encapsulated viruses in indoor and outdoor environments
  • Kontrol has developed its initial prototype and has commenced lab testing of the detection chamber
  • The lab will spend the next 4 weeks testing the detection chamber and the applicable interactions with COVID-19.

TORONTO, ON /  August 5, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) (“Kontrol” or “Company“) is pleased to announce that it has received approval for an initial government grant of $50,000 from the National Research Council of Canada to accelerate its new Covid-19 testing technology, the Kontrol BioCloud® analyzer (“BioCloud analyzer” or “BioCloud”).

Can we measure for COVID-19 like we do for air quality?

Drawing from its extensive industry experience in air emissions and air quality monitoring, Kontrol is developing a new technology designed to detect and alert for COVID-19, in real-time, through rapid on-site air sampling and detection of aerosol and droplet encapsulated viruses in indoor and outdoor environments.

Artist Rendering. Copyright Kontrol Energy Corp.

“Our team has been working to bring BioCloud to market since the onset of COVID-19 and we see a great need for a technology which can provide a level of assurance that spaces where individuals work and congregate can be safe,” says Paul Ghezzi, Chief Executive Officer of Kontrol. “If successful, BioCloud will be able to provide pro-active virus detection capabilities with an alert and notification system in public settings and to help maintain confidence as economies re-open.”

COVID-19 Testing

The current focus of testing for COVID-19 has been individual swabs. While this remains an important part of the testing regime it would not be possible to test all individuals daily in the cases of large gatherings and transportation.

According to the Center for Disease Control, “the virus that causes COVID-19 is thought to spread mainly from person to person, mainly through respiratory droplets produced when an infected person coughs, sneezes, or talks. These droplets can land in the mouths or noses of people who are nearby or possibly be inhaled into the lungs. COVID-19 seems to be spreading easily and sustainably in the community (“community spread”).Community spread means people have been infected with the virus in an area, including some who are not sure how or where they became infected.”

source: www.cdc.gov/coronavirus/2019-ncov/faq.html#Spread


Artist Rendering. Copyright Kontrol Energy Corp.

BioCloud has been designed to operate in open spaces where crowds gather or congregate. Through constant air sampling over designated intervals of time and a propriety detection chamber, designed to interact with COVID-19, BioCloud seeks to provide a real-time detection and alert system. BioCloud’s anticipated applications include schools, buildings, hospitals, transportation, or any location where crowds are gathered.

“When we initiated the design of BioCloud we leveraged our extensive experience in sampling for low level particulate matter in industrial facilities which includes air quality, emissions and various gases,” says Gary Saunders, VP of Kontrol. “We appreciate the government support received to date to accelerate the development of BioCloud.”

Development Plan

Kontrol has developed its initial prototype and has commenced lab testing of the detection chamber. The lab will spend the next 4 weeks testing the detection chamber and the applicable interactions with COVID-19. Following the testing period, Kontrol will announce the results and provide further details on its go to market strategy.

Kontrol is not making any express or implied claims that its BioCloud analyzer has the ability to measure or detect COVID-19 at this time.

About Kontrol Energy

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.

Kontrol Energy is one of Canada’s fastest growing companies in 2018 and 2019 as ranked by Canadian Business and Maclean’s.


Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com.


For further information, contact:

Paul Ghezzi, Chief Executive Officer
[email protected] or [email protected]
Kontrol Energy Corp.,
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: 905.766.0400, Toll free: 1.844.566.8123

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected, that customers and potential customers will not be as accepting of the Company’s product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. In particular, successful development and commercialization of the Kontrol BioCloud Analyzer are subject to the risk that the Kontrol BioCloud Analyzer may not prove to be successful in detecting the virus that causes COVID-19 effectively or at all, uncertainty of timing or availability of any regulatory approvals and Kontrol’s lack of track record in developing products for medical applications.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

SOURCE: Kontrol Energy Corp.

Kontrol Energy $KNR.ca Completes Acquisition of New Found Air $SNE $MSFT $HON $GOOGL $QCOM $SONA.ca

Posted by AGORACOM-JC at 8:21 AM on Tuesday, August 4th, 2020
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
  • Completed the acquisition of New Found Air, previously announced on May 19, 2020
  • NFA leads a building energy and service platform that ensures the effective monitoring, operation and service of essential heating, cooling, ventilation, and utility systems.
  • The operations of NFA are diversified across the commercial, industrial, and multi-residential building sector
  • Acquisition Adds Recurring Revenue Service Platform

TORONTO, ON / August 4, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) (“Kontrol” or “Company“) announces that it has completed the acquisition of New Found Air (“NFA“), previously announced on May 19, 2020. NFA leads a building energy and service platform that ensures the effective monitoring, operation and service of essential heating, cooling, ventilation, and utility systems. The operations of NFA are diversified across the commercial, industrial, and multi-residential building sector.

“By closing the NFA acquisition we are well positioned to expand our technology and smart buildings solutions,” says Paul Ghezzi, CEO Kontrol Energy. “NFA has a blue-chip customer base and a service business with growing recurring revenues. These customers represent a new organic growth opportunity for Kontrol’s products and services.”

Kontrol has acquired 100% of the issued and outstanding shares of NFA for consideration of $2.7 Million; paid as $1.55 Million in cash, $750,000 vendor take-back loan having performance conditions, and the issuance of 727,272 Kontrol common shares at a deemed price of $0.55 cents per share.

NFA will initially be a separate operating subsidiary of Kontrol with an established strong management team which will remain in place. Over the coming six months there will be a transition to a full integration within Kontrol’s operating platform and the potential for cost synergies based on the consolidation of staff and administrative systems.

About Kontrol Energy

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.

Kontrol Energy is one of Canada’s fastest growing companies in 2018 and 2019 as ranked by Canadian Business and Maclean’s.

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at: www.sedar.com

For further information, contact:

Paul Ghezzi, Chief Executive Officer
[email protected] or [email protected]
Kontrol Energy Corp.,
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: 905.766.0400, Toll free: 1.844.566.8123

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward Looking Statements:

Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute “forward-looking statements”. Such forward-looking statements include, without limitation, statements regarding possible future acquisitions, organic growth, the provision of solutions to customers and Greenhouse Gas emissions reductions, proposed financial savings and sustainable energy benefits and energy monitoring. The global outbreak of COVID-19 (coronavirus) has had a significant impact on businesses through the restrictions put in place by the Canadian, provincial, and municipal governments regarding travel, business operations and isolation/quarantine orders. At this time, the extent of the impact of COVID-19 on the Company is unknown as this will depend on future developments that are highly uncertain and that cannot be predicted with confidence. These uncertainties arise from the inability to predict the ultimate geographic spread of the disease, and the duration of the outbreak, including the duration of travel restrictions, business closures or disruptions, and quarantine/isolation measures that are currently, or may be put, in place by Canada and other countries to fight the virus. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that suitable businesses and technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be concluded, that sufficient capital will be available to the Company, that technology will be as effective as anticipated, that organic growth will occur, and others. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. Such risks include, but are not limited to, lack of acquisition and investment opportunities or that such opportunities may not be concluded on reasonable terms, or at all, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected, that customers and potential customers will not be as accepting of the Company’s product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and the Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable securities law.

SOURCE: Kontrol Energy Corp.

AGORACOM Welcomes Kontrol Energy $KNR.ca The Google NEST of Smart Building Technology $SNE $MSFT $HON $GOOGL $QCOM $SONA.ca

Posted by AGORACOM-JC at 9:23 AM on Friday, July 31st, 2020
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

KNR:CSE / KNRLF:OTCQB /  1k8:Frankfurt

If Google NEST is the leader in smart home technology, Kontrol Energy is the small cap leader in smart building technology

  • Established Blue Chip Customer Base includes:
    • Beyond Meat
    • Oxford Properties
    • Brookfield Asset Management
    • Telus
    • Suncor Energy
    • ….. Many More
  •  Signed Major Deal With Toyota (Tsusho Canada)
    • Targeting 200 Plants Requiring Up To $1 Million Each In Automation Retrofits
  • MOU With Global European HVAC OEM
  • Strong Revenue Growth and Recurring
    • $1.96M in 2016 to $14.6M in 2019 (organic & acquisition)
    • 50% of revenues are repeat orders from existing customers
    •  20% of revenues recurring (software and service)
    • 40% ROI To Customer = Average Of 2-3 Year Payback
  • 44% Insider Ownership – Putting Their Money Where Their Mouth Is
  • Completed 5 Acquisitions Already
    • Announced Intent To Acquire Company With $3.7M Revenue / $843,000 Net
Kontrol-Blue-chip

SEEING IS BELIEVING

Kontrol Energy $KNR.ca Provides Update on Acquisition Closing Date $SNE $MSFT $HON $GOOGL $QCOM

Posted by AGORACOM-JC at 9:10 AM on Friday, July 24th, 2020
Kontrol Energy Corp. (@Kontrolenergy) | Twitter

TORONTO, ON / July 24, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) (“Kontrol”) is updating its anticipated closing date for its previously announced acquisition (May 19th, 2020) (the “Acquisition“) of a building solutions company (the “Target“).

Subject to final Board approval, the Acquisition is scheduled to close on July 31st, 2020 (the “Closing Date”). This revised date was agreed on by Kontrol and the Target as it aligns with the Target’s fiscal year end of July 31st, 2020.

About Kontrol Energy

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.

Kontrol Energy is one of Canada’s fastest growing companies in 2018 and 2019 as ranked by Canadian Business and Maclean’s.


Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com.


For further information, contact:

Paul Ghezzi, Chief Executive Officer
[email protected] or [email protected]
Kontrol Energy Corp.,
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: 905.766.0400, Toll free: 1.844.566.8123

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward Looking Statements:

Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute “forward-looking statements”. Such forward-looking statements include, without limitation, statements regarding the Acquisition and Closing Date, possible future acquisitions and/or investments in operating businesses and/or technologies, organic growth, the provision of solutions to customers and Greenhouse Gas emissions reductions, proposed financial savings and sustainable energy benefits and energy monitoring. Subsequent to year-end, there was a global outbreak of COVID-19 (coronavirus), which has had a significant impact on businesses through the restrictions put in place by the Canadian, provincial and municipal governments regarding travel, business operations and isolation/quarantine orders. At this time, it is unknown the extent of the impact the COVID-19 outbreak may have on Kontrol as this will depend on future developments that are highly uncertain and that cannot be predicted with confidence. These uncertainties arise from the inability to predict the ultimate geographic spread of the disease, and the duration of the outbreak, including the duration of travel restrictions, business closures or disruptions, and quarantine/isolation measures that are currently, or may be put, in place by Canada and other countries to fight the virus. Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that the conditions to closing of the Acquisition will be satisfied, that financing will be completed, suitable businesses and technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be concluded, that sufficient capital will be available to Kontrol, that technology will be as effective as anticipated, that organic growth will occur, and others. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, the conditions to closing of the Acquisition not being satisfied, lack of acquisition and investment opportunities or that such opportunities may not be concluded on reasonable terms, or at all, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected that customers and potential customers will not be as accepting of Kontrol’s product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise, except as required under applicable securities law.

SOURCE: Kontrol Energy Corp.

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.

New Age Metals $NAM.ca – #Palladium roars to record $1,900/oz. on South Africa power cuts $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 2:35 PM on Tuesday, December 10th, 2019

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces in the Inferred. Learn More.

Palladium roars to record $1,900/oz. on South Africa power cuts

  • “South Africa produces 40% of world’s palladium and the ESKOM outages are hitting some mines, giving palladium just that extra nudge above $1,900,” says Tai Wong, head of base and precious metals derivatives trading at BMO

By: Carl Surran

Palladium spot prices (NYSEARCA:PPLT) push past $1,900/oz. for the first time ever as South Africa’s power crisis halts mining production in the country, exacerbating supply concerns and extending the metal’s record run.

Spot palladium recently was +1% at $1,901.27/oz., after hitting an all-time high $1,903/oz.

“South Africa produces 40% of world’s palladium and the ESKOM outages are hitting some mines, giving palladium just that extra nudge above $1,900,” says Tai Wong, head of base and precious metals derivatives trading at BMO, but after 13 straight positive sessions, “it wouldn’t be surprising to see some consolidation, though the overall trend continues to look positive.”

Scarcity concerns over palladium already have helped lift the metal by ~50% in 2019, due to its large demand in the auto sector.

Other metals also gained on the South African outages, with platinum +3.1% at $922.40/oz., the highest since Nov. 21, and silver +0.4% to $16.66/oz.; spot gold only +0.1% at $1,463.66/oz.

Source: https://seekingalpha.com/news/3525230-palladium-roars-to-record-1900-oz-on-south-africa-power-cuts

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

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.

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/

Iconic Minerals $ICM.ca – #Lithium Ion #Battery Market Growth Factors, Demand and Trends $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca Forecast

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/

New Age Metals $NAM.ca – #Palladium Prices Soar to Record High #PGM $WG.ca $XTM.ca $WM.ca $PDL.ca

Posted by AGORACOM-JC at 3:54 PM on Tuesday, November 12th, 2019

SPONSOR: New Age Metals Inc. The company’s Lithium Division has already made significant acquisitions in Canada and the USA. The company also owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Updated NI 43-101 Mineral Resource Estimate 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces in the Inferred. Learn More.

Palladium Prices Soar to Record High

  • Global Precious Monthly Metals Index (MMI) jumped six points this month, rising for a November MMI reading of 113.

by Fouad Egbaria

Palladium-Platinum Spread Widens

As noted here many times before, platinum had historically traded at a premium to palladium.

That relationship, however, flipped as of September 2017, and has remained flipped ever since.

The palladium-platinum spread widened this month, even as platinum made gains.

The spread rose to $850/mt this month, up from $763/mt last month.

Looking Ahead

Gold and silver enjoyed a strong run-up during the summer season, but what is ahead for the precious metals?

“Having risen into the summer, gold and silver prices have plateaued in Q3 even as some ETFs have seen strong inflows due to accommodative monetary policies, such as falling Fed rates and safe haven buying in the face of geopolitical uncertainty,” MetalMiner’s Stuart Burns explained. “But jewelry demand is down, central bank buying of gold is lower than the same time last year and a strong dollar set up a number of headwinds that have seen prices unwind as news comes out about a possible winding back of tariffs between the US and China.”

As for platinum, prices did not tick up as much as one might have expected given trends in the automotive industry.

“Likewise, platinum prices have failed to make any headway in Q3 despite a strong showing from other PGMs, such as palladium and rhodium, both of which continue to benefit from the switch to petrol internal combustion engines among European carmakers,” Burns added.

“Gold, silver and palladium prices are expected to ease further in the run up to the year-end while other PGMs will be swayed more by car production and dollar strength. Much will depend on a successful outcome to the encouraging progress on trade talks, which could see investors take a more bullish attitude on risk to industrial metals and weaken demand for safe-haven investment metals.”

Actual Metal Prices and Trends

The U.S. silver ingot/bar price rose 5.0% month over month to $18.08/ounce as of Nov. 1.

U.S. platinum bars rose 6.3% to $930/ounce. U.S. palladium bars jumped 8.7% to $1,780/ounce.

Chinese gold bullion rose 1.7% to $48.79/gram. U.S. gold bullion increased 2.3% to $1,512.70/ounce.

Source: https://agmetalminer.com/2019/11/12/global-precious-mmi-palladium-prices-soars-to-record-high/