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ULTXF.PK                         http://www.ultralithium.com/                              ULI.V

Ultra Lithium Inc. is a Canadian Junior Mining exploration company with focus in lithium and rare earth metals.  The company is committed to the aggressive pursuit of properties with high return-on-investment and maximizing the value of assets through disciplined process of assessment and responsible acquisitions.

Ultra Lithium Inc. is now listed under the BC Ministry of Energy, Mines and Petroleum Resources. Visit us by following this link


Zigzag Lake

         

Berland River

Corporate Presentation

 

South Big Smokey Valley

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Leadership

         

News

http://www.ultralithium.com/leadership/   http://www.ultralithium.com/news/

What is Lithium?
 

Name: Lithium

Position on Periodic Table: Third, first element in the Alkali Metals Group

Colour: Silver-white

Description: Lithium is the lightest of all metals, has a density approximately half that of water, and is always found as a compound with other minerals due to it’s high levels of chemical activity when by itself.

Uses:

  • Industrial applications: Heat-resistant glass/ceramics, aircraft construction
  • Technological applications: Lithium batteries (found in laptops, cell phones, and most recently, in electric vehicles)
  • Medical applications: Mood stabilizers (treatment for bipolar disorder)
     

Where is Lithium located?

Lithium is usually found in brines and mineral deposits around the world. Currently, brines and lithium ores locked in mineral deposits are the source for all commercial lithium production. While brines and pegmatites (coarse-grained igneous rock similar to granite) remain the key sources of lithium, new deposits found in hectorite and jaddarite formations provide an alternative potential source. Today, the largest known deposits of lithium are in Bolivia and Chile.

Brines are present in salars (salt lakes or flats) where lithium has been concentrated by solar evaporation. The brines are located at or below the surface and are pumped into large solar evaporation ponds for concentration before processing.

On the other hand,  lithium from hard rock minerals, such as spodumene in pegmatites on the Zigzag Lake property, is often recovered through open pit or underground hard rock mining methods. The ore must be processed and concentrated before applying it directly as a stand-alone product, or processing further into various lithium compounds.

Where is it produced?

Due to the drier, desert-like geology of South America, Chile and Bolivia have become viable locations for lithium development and production. As of 2008, South America as a whole accounted for 60% of world output of lithium, closely followed by Australia and China, which combined to produce 30%.  Two-thirds of that production was from the salt brines around the world, and one-third came from lithium pegmatites. Some pegmatites from Australia, Canada, and Zimbabwe continue to contain high-grade spodumene and petalite, remaining important sources of lithium for local industries within these countries

Lithium's Growing Demand

The market is expected to grow and it is anticipated that new economically viable sources of lithium will be required to meet the growth in demand that is predicted for lithium battery development and applications. Battery manufacturers are expected to be looking for new lithium sources that can provide a long term supply of high quality lithium carbonate, which are equally scalable to keep pace with demand growth, and provide a geographic diversity of supply. This breadth of global interest will serve to enhance the market.

Previous use of lithium compounds and minerals was rooted in the production of ceramics, glass, and other industrial purposes. Due to demand for greener technology, there has been rapid growth in lithium battery use, especially for larger and greener electric car batteries. According to the USGS, overall demand for lithium has been growing at a rate of 4-5% per year, while future demand for lithium is predicted to grow by 20% per year. The result is that lithium battery use has gained a significant portion of the market, with rechargeable lithium-ion and lithium-polymer batteries showing great promise in shifting the market to cleaner technologies. Lithium is ideally suited for use in battery applications as it has the highest electric output per unit weight of any battery material.

Portable consumer goods such as watches, cell phones, portable computers, wireless handheld devices, electronic games, calculators, video cameras and handheld power tools, are expected to provide some growth in demand for lithium batteries. Over 60% of mobile phones and 90% of laptop computers feature lithium-ion batteries due to their higher energy density and lighter weight than current alternatives. However, it is the start of mass production of hybrid, plug-in hybrid and electric vehicles using lithium batteries by major automotive manufacturers such as Nissan, Toyota, Honda, Mitsubishi, and Hyundai, in Asia, and Ford, Chevrolet and GM in North America that is the real cause of the interest in the market and the potential for growth of lithium demand.

Obama’s Clean Energy Agenda 

President Obama has made global warming one of the key issues of his administration and it’s an extremely ambitious agenda he’s bringing to the table. Included in his agenda is a pledge of $2.4 billion dollars in stimulus funding for lithium battery manufacturing and deployment in the United States.

“New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea. Well I do not accept a future where the jobs and industries of tomorrow take root beyond our borders – and I now you don’t either. It is time for America to lead again.”  President Barack Obama

The lithium-ion battery in particular is absolutely critical to President Obama’s energy plan. Lithium-ion battery packs can be manufactured to be any shape or size, adapting to changes in car design. There is also an immense energy-to-weight ratio increasing efficiency of cars, and supporting environmental friendliness. Most new hybrids and electric vehicles being introduced rely on lithium-ion battery technology. Rahm Emanuel, Obama’s Chief of Staff spoke on how the administration plans on reducing reliance on oil and gas over the next decade:

“Today, we have the chance to achieve a real breakthrough: the plug-in hybrid…Hybrid engines save gasoline by switching back and forth from battery to gasoline power……With a plug-in hybrid, commuters can drive back and forth to work, recharge their cars overnight, and go a month or more without a trip to the gas station.”  
White House Chief of Staff Rahm Emanuel

Choose Lithium

Over the last decade, we have been faced with the growing concern of global warming, and a shift in the mindset how we can produce new forms of energy. Lithium is one of those new forms. Due to development and research done on the lithium battery, advances have been made which increase the efficiency of the battery, and the safety of the product. A marked shift towards hybrid and electric cars in the public eye has been supplemented by government initiatives. This mass adoption will only serve to increase the emphasis put on lithium development and technology. Already, lithium batteries enjoy several advantages over the current Nickel Metal batteries including higher energy and power densities, higher useful capacity, greater charge efficiency, lower self discharge rates and a longer operating life.

To that end, almost every major car manufacturer currently has a lithium battery project in the pipeline and those who support a greener future have pushed for lithium batteries to become the standard in powering the vast majority of electric cars from 2011 onwards.


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LITHIUM IN DEPTH

lithium links from LinksMine - InfoMine's Library of Mining Web Sites

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ULI News: Ultra Resources Signs Letter of Intent for Joint Venture on Chepes Gold Properties in Argentina 12/02/2019 09:19:56 AM
ULI News: Ultra Lithium Announces Name Change to Ultra Resources 11/27/2019 01:21:11 PM
ULI News: Ultra Lithium Assayed Up to 54.77 G/t (1.93 Oz) Gold in Rock Samples From Mining Licenses in Argentina 07/09/2019 08:30:00 AM
ULI News: Ultra Lithium Acquires 13 Additional Gold Mining Licenses in Argentina 06/26/2019 08:30:00 AM
PostSubject
#290   Ultra Lithium Inc., ULI, changed to Ultra Resources Renee 11/29/19 03:42:41 PM
#289   The rising possibility of a recession could have Ultra Lithium 09/17/19 12:02:01 AM
#288   More people are realizing you don't have to Ultra Lithium 09/16/19 01:05:53 AM
#287   Canada is becoming a leader in sustainable mining Ultra Lithium 09/12/19 11:52:18 PM
#286   Alberta, Canada is slowly starting to embrace the Ultra Lithium 09/12/19 12:59:02 AM
#285   Investors cling to gold in the midst of Ultra Lithium 09/11/19 01:25:22 AM
#284   Germany is preparing its power storage grid for Ultra Lithium 09/10/19 12:18:19 AM
#283   Volkswagen makes the best of a bad situation Ultra Lithium 09/09/19 02:04:21 AM
#282   Norway is trying to discourage electric vehicle drivers Ultra Lithium 09/06/19 01:12:40 AM
#281   Investors cling to gold as a haven asset Ultra Lithium 09/04/19 11:43:30 PM
#280   The average electric vehicle price in the US Ultra Lithium 09/03/19 11:29:38 PM
#279   Gold's value hits a 6-year high. Here's why. http://bit.ly/2MRVB3b Ultra Lithium 09/02/19 11:46:14 PM
#278   Fueling anything other than an electric vehicle in Ultra Lithium 08/29/19 11:20:14 PM
#277   The 2020 Olympics in Tokyo will be a Ultra Lithium 08/28/19 10:46:08 PM
#276   A new way to source #gold without disturbing Ultra Lithium 08/28/19 03:00:17 AM
#275   Panasonic could start developing lithium-ion batteries in India. Ultra Lithium 08/27/19 12:26:48 AM
#274   Meet Alice, the electric plane prototype that people Ultra Lithium 08/26/19 12:10:19 AM
#273   Electric vehicles wouldn't be where they are today Ultra Lithium 08/23/19 12:21:29 AM
#272   Electric bikes have started to outnumber traditional two-wheelers Ultra Lithium 08/22/19 12:47:39 AM
#271   Automakers including Nissan and Volkswagen attempt to bring Ultra Lithium 08/20/19 09:26:59 PM
#270   American airline Cape Air is experimenting with emission-free Ultra Lithium 08/19/19 11:49:38 PM
#269   Colorado has an ambitious clean energy strategy that Ultra Lithium 08/19/19 12:46:36 AM
#268   China laps the field in lithium cell manufacturing. Ultra Lithium 08/16/19 01:14:17 AM
#267   Charging network EVGo and Nissan have partnered to Ultra Lithium 08/15/19 12:08:40 AM
#266   At just 2 atoms thick, scientists have created Ultra Lithium 08/14/19 02:59:35 AM
#265   Has a Chinese startup created the most "intelligent" Ultra Lithium 08/13/19 01:22:42 AM
#264   The falling price of lithium-ion batteries is making Ultra Lithium 08/12/19 03:47:09 AM
#263   Tesla has created a new giant battery, called Ultra Lithium 08/09/19 12:57:13 AM
#262   Electric cars are changing how vehicles are designed. Ultra Lithium 08/08/19 01:53:24 AM
#261   Europe's Central Bank has doubled-down on gold. http://bit.ly/2GOLfMI Ultra Lithium 08/07/19 12:56:03 AM
#260   Ampaire is set to start testing electric plane Ultra Lithium 08/06/19 12:45:04 AM
#259   The inventor of the lithium-ion battery has been Ultra Lithium 08/05/19 06:53:48 PM
#258   The government of Argentina wants lithium price transparency. http://bit.ly/2yxt Ultra Lithium 08/02/19 02:37:56 AM
#257   BMW has doubled production of lithium-ion batteries for Ultra Lithium 08/01/19 12:10:27 PM
#256   Gold stocks have surged beyond expectations. http://bit.ly/2YipsaX Ultra Lithium 07/31/19 12:07:56 PM
#255   Blomberg (BNEF) believes gas car sales have officially Ultra Lithium 07/30/19 12:14:31 PM
#254   BYD and Toyota have partnered to bring about Ultra Lithium 07/29/19 12:10:44 PM
#253   The UK government plans to ban fossil fuels Ultra Lithium 07/26/19 12:30:37 PM
#252   Sales of one electric vehicle model, in particular, Ultra Lithium 07/25/19 12:04:55 PM
#251   Why is gold used as money? http://bit.ly/2Gv2anw Ultra Lithium 07/24/19 12:21:33 PM
#250   Should new homes come with electric vehicle charging Ultra Lithium 07/23/19 01:42:37 PM
#249   Kyocera's new lithium-ion battery is expected to feature Ultra Lithium 07/22/19 01:50:09 PM
#248   As Ultra Lithium diversifies into #gold, we explore Ultra Lithium 07/19/19 12:16:44 PM
#247   BMW management has overhauled its strategy to focus Ultra Lithium 07/18/19 12:22:34 PM
#246   BREAKING NEWS: Results indicate 79.38% gold as an Ultra Lithium 07/17/19 12:31:44 PM
#245   Can an electric vehicle travel the entire continent? Ultra Lithium 07/16/19 12:21:51 PM
#244   The European Union has made engine sounds in Ultra Lithium 07/15/19 12:18:04 PM
#243   Tesla is reportedly interested in mining its own Ultra Lithium 07/11/19 07:18:13 PM
#242   30% of global transportation could be powered by Ultra Lithium 07/11/19 01:37:24 PM
#241   BREAKING NEWS: Ultra Lithium discovers gold samples in Ultra Lithium 07/10/19 12:01:17 PM
PostSubject