XNRGI Inc fka NPWZ

[ShortonCash]

John P. de Neufville purchased the ChemOvonics Division from ECD in 1986 and founded Voltaix, Inc. a high purity specialty gas business which was sold to Air Liquide America in 2013. Subsequently, he purchased the assets formerly associated with the GM-ECD JV that produced the then novel nickel-metal hydride batteries for GM’s first all-electric car, the EV-1, creating a new company, Eutectix, LLC, based in Troy, MI and currently serving as Eutectix’ CEO and Chief Scientist

Dr. John de Neufville, the Eutectix CEO, said, “Following our successful negotiations with Great Western Minerals Group, I am pleased to announce the transfer of the excellent team and all the manufacturing equipment from Great Western Technologies into our new company, Eutectix LLC. Our factory in Troy, Michigan will continue to supply a wide range of customized products and services designed to meet the requirements of current and future customers.”


http://rareearthinvestingnews.com/869-great-western-minerals-group-and-cornerstone-capital-resources-inc-sign-letter-of-intent.html


Toyota's current NiMH battery, which is a direct descendant of the original NiMH battery invented by Energy Conversion Devices, Inc., in the 1980s and licensed for manufacturing and use in vehicle propulsion to Toyota in the mid 1990s. It requires at least 12 kg (26 lbs) of the rare-earth metal, lanthanum, per Prius-sized battery. Today's Prius, utilizing such a battery, has a range of 500 miles on a 10.1 gallon tank of fuel at a top speed (capability) of over 90 miles per hour. Prius has very low emissions unmatched for its size, weight, and "cargo capacity (825 lbs)," until the recent introduction of 4-cylinder turbo-diesel-powered small cars by several European manufacturers. Reportedly the next generation Prius, due in 2009, will use a larger NiMH battery to achieve a fuel economy of 71 miles per gallon; it will require a battery made with 20 kg (44 lbs) of lanthanum.

Dudley Kingsnorth, arguably one of, if not , the world's leading authorities on the fundamentals and end uses of rare earth metals, has corresponded with me on these topics recently, and he has kindly permitted a quote from one of his emails;:

"Until recently lanthanum has been the 'poor cousin' of the rare earths - low priced and readily available - so it is probably coming as a shock to many ... catalyst producers and the petroleum refiners that they have to think/purchase more than 12 months out if they are to secure sufficient material."

http://www.resourceinvestor.com/2008/07/24/whats-the-play-in-lanthanum-ii-honda-is-joined-by

https://www.facebook.com/media/set/?set=a.420771528208.187893.283084523208


Anomalous levels of the Light Rare Earth Elements (LREE) cerium and lanthanum, all present in Olympic Dam were not only detected in soils but also in rock samples as well in our Rusty Ridge property
. In addition, the soil geochemistry also produced anomalies in silver, gold & copper.

President and CEO Ken Stead stated, "This project will be very significant for the growth of the company if the defined targets at depth prove to be a multi-mineral ore body similar to that of the Olympic Dam, or any deposit for that matter. We know the targets are very intense and now we are ready to prove what they are by means of a series of deep drill holes."

Please note that Dudley and the author are in complete agreement as to the confusion of thinking and purchasing about and for only a short time into the future when it comes to industrial buyers steeped in the global free market fantasy spewed out by western business schools to their victims. In any case, Dudley continues:

"Toyota and Honda may well have a choice - simply put, if they corner the lanthanum market for their batteries

Lets not forgot David Barnes...CFO for Neah Power at one time was CFO for KATX..... very interesting....