new name for wlcdf.


Western Lithium Announces Name Change to Lithium Americas
and Provides Corporate Update

March 22, 2016

Vancouver, BC, Canada: Western Lithium USA Corporation (“Western Lithium” or “the Company” TSX: WLC; OTCQX: WLCDF) is pleased to announce that further to guidance provided in our December 2015 conference call in connection with new branding initiatives, Western Lithium has changed its corporate name to Lithium Americas Corp. (“Lithium Americas” or “LAC”), and its wholly owned subsidiary, Western Lithium Corporation, to Lithium Nevada Corp. (“Lithium Nevada” or “LNC”). Effective Wednesday, March 30th the Company will commence trading on the Toronto Stock Exchange (“TSX”) under the new name and symbol “LAC” and on the OTCQX, under the new name with a symbol to be announced prior to the effective date. The simplified business structure of Lithium Americas is as follows:


Update on Minera Exar and Argentina Reforms:


The Company remains in advanced discussions with potential strategic partners at Cauchari-Olaroz and hopes to make an announcement soon. Given the strong global demand for lithium and the fully permitted status of the Cauchari-Olaroz project, the Company frequently receives indications of interest from leading companies representing different parts of the lithium supply chain from various parts of the world. Lithium Americas has been evaluating potential strategic partners and new extraction processing technologies in comparison to the economics established in the 2012 definitive Feasibility Study (“dFS”) using traditional processing.


At the recent Prospectors & Dealers Association Conference in Toronto, the Argentine Minister for Energy and Mines gave a presentation summarizing “Argentina is Waiting for You; the Best is Yet to Come” highlighting how Argentina in just 20 years, and despite the last decade’s challenges, is among the world’s top producers of lithium, boron, silver, gold, copper, lead, and zinc.

Since taking office in December 2015, President Mauricio Macri has moved swiftly to appoint a business-friendly cabinet and implement a series of major fiscal, political and regulatory policy measures. President Macri lifted foreign exchange controls that had been in place since 2011, and abolished export taxes on many agricultural and industrial goods, including lithium. At the Davos World Economic Forum, Macri and his cabinet members met with almost 20 world leaders, politicians, and multinational executives, which marked a “new era of bilateral relations”. US President Barack Obama will visit Argentina to meet with Mr. Macri at the end of this month.

Minera Exar S.A. President Franco Mignacco commented, “We have recently spent considerable time with the new government officials in provincial and federal mining positions, as well as the new appointments at our local partner JEMSE. Like many others, we are impressed with the rate of positive change and commitment of strong support on all levels. These are important indications of a very strong future for the mining industry in Argentina that will positively benefit all of our stakeholders and communities.”

Update on Hectatone Inc.:

The Company is pleased to report that it is in discussions with several parties that could result in new global distribution agreements outside of the North American oilfield market. Mutual due diligence and product testing is on-going. Hectatone Inc. (“Hectatone”) shipped 140 tons of finished product in February and has additional orders to ship in March. Drilling activity in almost all energy markets continues to decline. However, there are recent and encouraging signs that many global energy markets are beginning to stabilize.

Hectatone President Frank B. Wright, Jr. commented, "This is a productive and creative period for the Hectatone business. The opportunity to collaborate with strategic partners on a global basis in diverse markets is encouraging. The Hectatone team has responded to the declining oilfield market with innovative product development for industrial and environment markets. Additionally, we are seeking to take advantage of the downturn by expanding our talented team. I remain confident that our objective of becoming cash flow positive by year-end is a realistic and achievable goal, and that we will emerge from the bottom of the cycle as a stronger company”.


Update on Lithium Nevada Corp.:


The Company is completing the pilot plant programs at its demonstration plant in Germany. This work has greatly increased the Company’s understanding of the processing and engineering requirements for the production of lithium products from the Lithium Nevada Project. In light of the recent results, the Company has determined that additional specific engineering work will be required to optimize the front end of the process to produce a clean and concentrated lithium brine on a commercial scale. In addition, the Company has become aware of recent technological advancements in producing lithium compounds from brines, and believes these innovative and sustainable technologies warrant further review for potential incorporation into the Nevada processing plant design.


As a result of these additional reviews, the Company has initiated the preparation of a new preliminary Feasibility Study. The new report will include a thorough analysis of project development and operational components, include processing infrastructure, production rate, and supporting inputs, as well as capital and operating expenditures. In the meantime, the Company has determined that its pre-feasibility study completed in March 2012 is no longer current and the Company will no longer be relying on the study for its project development planning. There are no changes to the lithium resource base on the project. While the updated studies are underway, Lithium Nevada will pursue strategic partnership opportunities to advance the project on a timely basis.

Lithium Americas CEO Tom Hodgson commented, “Extracting lithium from clays at a commercial scale level requires vision, capital, and talent. We are always in the process of trying to determine the optimal path to advance our projects to achieve long-term success, and we are excited with a new focus from the team at Lithium Nevada Corp. In today's strong lithium market, there is no question that LNC's resource in Nevada represents tremendous long-term value. The Lithium Nevada Project hosts one of the largest lithium resources in North America. There is strong local and national support from both commercial and political bases to advance a Nevada based project. A clear and well-defined permitting path exists. Lithium Americas shares the vision of making Nevada a center of renewable energy and sustainable mining technologies. We are absolutely committed to advancing Lithium Nevada Corp. on the fastest timetable possible, as dictated by further studies and market conditions.”


Update on Management and Board of Directors:


Lithium Americas is pleased to announce that the Company’s Vice Chairman, John Kanellitsas, is being named President, effective as of the Company’s Annual General Meeting (“AGM”) on March 30th. Current President, Jay Chmelauskas will be leaving the Company in order to pursue other interests. In this context, Mr. Chmelauskas has withdrawn his name as a director nominee at the AGM.

John Macken, Chairman of the Board commented “We thank Jay for his service to the Company over many years, and his efforts in initiating the merger of the two companies. We wish him every success in his future endeavours. Following the merger of Western Lithium and Lithium Americas in September 2015, the combined company has emerged with strong and capable management, and an exciting future.”


Scientific and technical information in this news release about the Lithium Nevada Project has been approved by Dennis Bryan, a qualified person for purposes of National Instrument 43-101.

For further information contact:
Lithium Americas Corp.
Investor Relations
1100 – 355 Burrard Street
Vancouver, BC, V6C 2G8
Telephone: 778-656-5820
Email: ir@lithiumamericas.com
Website: www.lithiumamericas.com

Forward-looking statements


Statements in this release that are forward-looking information are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in the company's periodic filings with Canadian securities regulators. When used in this document, the words such as “expect,” “believe,” “planned”, “scheduled,” “targeting” and similar expressions is forward-looking information. Information provided in this document is necessarily summarized and may not contain all available material information.

Statements in this release that constitute forward-looking statements or information include, but are not limited to: (i) completion of a transaction with a strategic partner at Cauchari-Olaroz; and (ii) the timing and results of an updated economic analysis on the Lithium Nevada Project.

All such forward-looking information and statements are based on certain assumptions and analyses made by the Company’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading "Risks Factors" in the Company's most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking information or statements.

view email in browser | Unsubscribe elliott.hitchcock.3@gmail.com | Update your profile | Forward to a friend

Copyright © 2015 Western Lithium USA Corporation. All rights reserved.

Western Lithium USA Corporation
#1100, 355 Burrard St.
Vancouver, BC
Canada, V6C 2G8
Tel. 1-778-656-5820

You are receiving this message because you previously opted in to receive emails regarding Western Lithium USA Corp. If you would like to be unsubscribed from future emails regarding Western Lithium USA Corp. please click here. We take your privacy seriously.

Click here to Reply or Forward
0.93 GB (6%) of 15 GB used
Manage
Terms - Privacy
Last account activity: 3 minutes ago
Details

posco news about lithium plant. see link

http://globalblog.posco.com/posco-expands-lithium-manufacturing-business/

Just out yesterday News. Company Presentation see link below. this will download PDF file. then open file.



http://www.orocobre.com.au/PDF/ASX15Mar16_Company_Presentation.pdf

Cathleen Allison / AP

Tesla Motors CEO Elon Musk and Gov. Brian Sandoval shake hands after a press conference at the Capitol in Carson City on Thursday, Sept. 4, 2014, in which Nevada was announced as the new site for a $5 billion car battery gigafactory.

By Daniel Rothberg (contact)

Thursday, Sept. 17, 2015 | 2 a.m.

Earlier this month, Tesla CEO Elon Musk said that the company was pursuing Nevada sources of lithium for use in its Reno battery factory. It didn’t take long for Musk’s claim to prove true, as a Nevada lithium operation announced Wednesday that it will be supplying the electric car company with an element critical in the production of its batteries.

That announcement was welcome news for critics who fretted that the state would be left behind after Tesla had signed a deal in August to obtain lithium from northern Mexico. The company received more than $1 billion in state tax incentives to construct its factory in Nevada.

State Sen. Tick Segerblom tweeted: “Musk is a man of his word!”

Under the agreement finalized on Tuesday, Tesla will purchase lithium hydroxide from Pure Energy Minerals, a company that is developing a lithium brine project a three-and-a-half hour drive from the Gigafactory. The deal is contingent on Pure Energy Minerals, based in Vancouver, British Columbia, bringing the project to completion. If it were to do so, Tesla has agreed to purchase lithium at below-market costs for five years.

“Pure Energy is aligned with both Tesla’s and the state of Nevada’s development objectives, and we hope to positively contribute to Nevada’s booming clean energy-based economy,” said Pure Energy Minerals CEO Robert Mintak. A Tesla spokesperson declined to comment.

Pure Energy Minerals’ lithium operation in Clayton Valley is in the early stages. It’s located in the same basin as Silver Peak, the only operating lithium mine in the United States. The company estimates lithium deposits there total 816,000 metric tons. The deal does not preclude Tesla from pursuing sources in addition to the two deals it has announced. The Gigafactory is expected to require 15,000 tons of lithium per year when fully operational, which is expected to occur by 2020.

Edward Anderson, the CEO of TRU Group, a company that consults on lithium projects, said he was surprised that Tesla signed the agreement. He said lithium resources from brine were limited and the chance of a successful operation in Clayton Valley slim.

“(The prospects) certainly do not excite,” Anderson said, adding that Nevada’s lithium economy had been overhyped: “There is a great danger that investors, including perhaps Tesla, are moving too quickly without proper knowledge of what they’re getting.

Yeah bud let me eat and I put it up Great get Lets see what the market has to say ??????????? Regards Jet WL LA >>>>>>>>>>

would be good Idea Thanks.

Bud You want it as a sticky I am replying here because I don't want to step on it Let me know ? and will let over or I will do it See why I wanted to wait ? Regards Jet Hold WL LA >>>>>>>>>

Just released 2hrs. ago.

MKTW) Western Lithium Progress and Timeline Update for Lithium Supply Projects in Nevada, USA and Jujuy, Argentina
2 hours 21 minutes ago - DJNF

Western Lithium Progress and Timeline Update for Lithium Supply Projects in Nevada, USA and Jujuy, Argentina
VANCOUVER, BRITISH COLUMBIA and TORONTO, ONTARIO--(Marketwired - Sep 24, 2015) - Western Lithium USA Corporation ("Western Lithium", the "Company") (TSX:WLC)(OTCQX:WLCDF) is pleased to provide an update on the progress and timeline of the Kings Valley and Cauchari-Olaroz lithium Projects.

In Nevada, the Company plans to engage an engineering firm to identify a feasible gas pipeline alignment and perform preliminary pipeline engineering to connect the Kings Valley Lithium Project (the "Kings Valley Project") with the Ruby Gas Interstate Pipeline. The Company will also initiate additional preliminary engineering work related to the development of the project's water resources. In addition, testing campaigns commenced at the Company's lithium and potassium demonstration facilities located in Weimar and Sondershausen, Germany. The testing campaigns are scheduled to be concluded by January 2016 and will support design criteria and equipment selection for a definitive Feasibility Study. A video of the Company's demonstration plant can be viewed at https://www.youtube.com/watch?v=uAF9Wrf8Vxc.

The completion of these tasks will facilitate the preparation of the Kings Valley Project's Plan of Operations after which mine permitting will be initiated with the Bureau of Land Management, Winnemucca District Office, that aligns with a potential project construction start up targeted in early 2019.

In Argentina, Western Lithium's subsidiary, Lithium Americas Corp., recently signed a Heads of Agreement ("HOA") with POSCO, a major South Korean steel and materials company. The HOA defined the basic conditions of a joint venture to develop a portion of the Cauchari-Olaroz lithium brine deposit. The plant is expected to be producing 2,500 tons per annum by year-end 2016, and ramping up to 20,000 tons by year-end 2017. Mutual due diligence has commenced, and the Company expects a definitive Joint Venture Agreement to be finalized by year-end 2015 (see press release August 27, 2015).

Jay Chmelauskas, CEO of Western Lithium USA Corporation commented: "Lithium market conditions appear to be tight. On September 15(th) , a major lithium producer, FMC Corporation, raised lithium prices for all lithium products by 15% effective October 1, 2015, citing growing demand and a need to re-invest to continue reliable supply of high-quality lithium products. The Heads of Agreement signed with our Korean partner calls for lithium production at our Cauchari-Olaroz project to commence by early 2017. In Nevada, the initiation of engineering work associated with the gas and water pipelines, along with the completion of additional campaigns at our lithium demonstration facilities in Germany, will provide the criteria to sequence the development of our Nevada based lithium project, after our near term Jujuy, Argentina based lithium project, to coincide with what we believe will be significant demand increases for lithium products from the transportation, storage and consumer electronics sector."

About Western Lithium

Western Lithium is positioning itself as a major U.S. and Argentinian based supplier to support the rising global demand for lithium that is expected from the increased use of hybrid/electric vehicles, consumer electronics, and consumer and industrial lithium battery energy storage applications.

At the Cauchari-Olaroz lithium project, located in Jujuy province, Argentina, a major lithium brine reserve has been defined and a definitive feasibility study has been completed. In addition, and as previously announced on August 27, 2015, a Heads of Agreement has been signed with a Korean conglomerate regarding the commercialization of that project using their own proprietary technology and a revised engineering study.

The Kings Valley lithium project is being developed into a strategic, scalable and reliable source of high quality lithium products. In addition, Western Lithium is pursuing the opportunity to be a supplier of specialty drilling additives, Hectatone(TM) and potentially other organoclays for the oil and gas and other industries.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively referred to as "forward-looking information"). All statements, other than statements of historical fact, may be forward-looking information. Forward looking information can be identified by the use of statements that include words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "propose", "potential", "targeting", "scheduled", "implementing", "intend", "could", "might", "should", "believe" and similar words or expressions. Information provided in this news release is necessarily summarized and may not contain all available material information.

Forward-looking information in this news release includes, but is not limited to: the commercialization of the Cauchari lithium project; and the potential to become a supplier of lithium products to battery; project construction startup at the Kings Valley Project targeted in 2019.

Forward-looking information expresses, as at the date of this news release, plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results. All such forward-looking information is based on certain assumptions, estimates, expectations, analyses and opinions made by management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. Assumptions upon which such forward-looking information is based include, without limitation: no significant event occurring outside of the ordinary course of business of Western Lithium ; legislative and regulatory environment; impact of increasing competition; current technological trends; prices of lithium and potash; costs of development and production; anticipated results of exploration and development activities; Western Lithium's ability to operate in a safe and effective manner; and ability to obtain financing on reasonable terms. Readers are cautioned that the foregoing list is not exhaustive.

Western Lithium's actual results, programs and financial position could differ materially from those anticipated in such forward-looking information as a result of numerous factors, risks and uncertainties, many of which are beyond Western Lithium's control. These include, but are not limited to: possible variations in mineral resource and reserve estimates; grade/concentration or recovery rates; lithium or potash prices; operating or capital costs; changes in project parameters as plans continue to be refined; legislative changes that impact the operations in which Western Lithium conduct business; results of exploration activities and development of mineral properties; interpretation of geological data; receipt and security of mineral property titles; failure of plant, equipment or processes to operate as anticipated; accidents; labour disputes; the inability to obtain key personnel and parts related to operations; receipt of licenses to conduct mining activities; country and political risks; civil unrest; community relations; timing and possible outcome of pending litigation; liabilities and risks, including environmental liabilities and risks inherent in the development and production of Western Lithium's properties; cost overruns or unanticipated costs and expenses; the availability of funds; currency fluctuations; general market and industry conditions; competition; the business of the companies not being integrated successfully or such integration proving more difficult, time consuming or costly than expected; failure of Western Lithium to enter into an agreement with POSCO to put the Cauchari-Olaroz project into commercial production using POSCO's proprietary lithium and potash extraction technology; the fact that POSCO's extraction technology tested at the Cauchari-Olaroz project is secret and proprietary to POSCO and not subject to any independent economic study; risk of putting a project into production without first completing a feasibility study; and delays in obtaining governmental and regulatory approvals, as well as those factors more fully described under the heading "Risk Factors" in Western Lithium's annual information form and most recently filed management discussion & analysis, and described under the heading "Risk Factors" in Lithium America's annual information form, available on SEDAR. There is no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. Western Lithium does not intend, and expressly disclaims any obligation to, update any forward-looking information whether as a result of new information, future events or otherwise, except as, and to the extent required by, applicable securities laws.

Western Lithium USA Corporation

Investor Relations

778-656-5820

info@westernlithium.com

www.westernlithium.com

(MORE TO FOLLOW) Dow Jones Newswires

September 24, 2015 07:30 ET (11:30 GMT)

HLM Advances Toward Proof of Concept with Bulk Sampling Program on the PAK Lithium Project


Sudbury, Ontario (FSCwire) - HLM has commenced the next phase of determining the potential for commercializing the PAK deposit by bulk sampling the lithium zone of the pegmatite. The preparation of the 300t (approx.) bulk sample will be completed by the end of March 2015. The objectives are to evaluate production of spodumene-bearing product as a precursor to potential commercial scale spodumene concentrate production, to test the suitability of the product for direct use as a replacement for lithium mineral concentrates, test blasting parameters and mining logistics with existing haulage infrastructure[1]. The scope of a future Pre-feasibility Study will be shaped by the results of this phase of testing.



The results of the 2013 and 2014 exploration programs on the PAK Lithium Project’s property, point to the deposit having the potential to be developed as a commercial supplier of technical grade lithium minerals. HLM is pursuing this potential with the aim of taking the PAK Lithium Project to market during the coming 3-5 years.



The characteristics of the high grade spodumene-bearing product comprising the Upper Intermediate Zone (“UIZ”) indicate there is potential for near term extraction of product from the zone that is suitable for use in traditional technical applications for spodumene concentrates (such as production of ceramics, frit, glass and glass ceramic). Production of this crushed and ground product without up-grading by flotation or gravity separation (Direct Shipping Ore “DSO”) could provide HLM with a source of useful revenue at low capital cost during the preparation of the Pre-feasibility and Feasibility Studies for the construction of a concentrator facility.



The key needs of the technical lithium users are low iron to lithia analysis ratio to avoid colouration of glass and glazes, consistent product analysis and particle size, and competitive cost. The lithium zone from which the bulk sample was extracted appears to have the pertinent mineralogical and chemical characteristics so it will be pilot-tested to validate the data that support these observations.



The sample has been collected by surface trenching of an area in the UIZ where there is discontinuous, limited overburden (<.5m) cover. The sample has been shipped from the property, and sample processing and transportation is expected to commence in the next few weeks.



The 2015 program for the PAK Lithium Project includes:



the collection of approximately 300 tonnes bulk sample from the Pakeagama Lake (PAK) pegmatite

commercial evaluation of the sample product

assessing the viability of interim DSO production

scoping and commencing the Pre-feasibility Study

“The bulk sample is the next step in HLM’s goal of becoming a fully integrated lithium, tantalum and rubidium producer by first establishing the ability of the Pakeagama Lake pegmatite deposit to produce a technical grade quality spodumene product for use in production of specialty glass and ceramics”, commented Trevor Walker, President of HLM. “The initial targeting of this lithium market segment is a logical introduction (based on low capital expenditure) of our long term strategy of supplying a wide range of rare metal products used in “green technology” applications. Spodumene helps the specialty glass and ceramics sector achieve efficiencies that reduce consumption of fossil fuels, energy costs and greenhouse gas emissions. Further “green” uses would be lithium compounds required for the electrification of transportation and other energy storage applications.”



Mr. Peter J. Vanstone, P.Geo., is an independent "Qualified Person" to HLM defined under NI 43-101 and has reviewed and approved the technical information contained in this news release.



About the PAK Lithium Project

The PAK Rare Metals Project lies close to the boundary between two geological sub-provinces of the western Superior geologic province in northwestern Ontario and hosts a rare metals pegmatite deposit. The deposit is an LCT (lithium- cesium- tantalum) classified pegmatite. These types of deposits have been the principal source of hard rock lithium, tantalum, rubidium and cesium ores mined in the world but there are comparatively few commercially-viable deposits.



HLM is actively exploring its 100% owned and optioned project which contains the Pakeagama Lake pegmatite. The deposit is one of the highest grade lithium deposits in North America which has a current Indicated Resource of 2.45 million tonnes of 1.81% Li2O Eq. and Inferred Resource of 5.91 million tonnes of 2.01% Li2O Eq. which has a technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe2O3)[2]. The deposit has adjacent zones that are enriched in rubidium and tantalum. HLM is also evaluating the phased co-production of rubidium and tantalum concentrates once lithium mineral production has been commercialized.



The deposit has a known 400m strike length with an estimated true width varying from 10m to 125m with a sub-vertical orientation. The resource remains open to depth and along strike to the northwest and southeast. A Phase III, 1,500m diamond drill program is currently being conducted whereby the objective is to upgrade the lithium Indicated mineral resource to a Measured category, and to possibly upgrade the Inferred mineral resource to a Measured and Indicated category.



About Houston Lake Mining Inc.
HLM’s goal is to become a fully integrated lithium, rubidium and tantalum producer through the development of the PAK Rare Metals Project in Ontario, Canada . The Company's strategy is to take advantage of the global shift towards electric/hybrid vehicles and high quality consumer electronics by becoming a raw material supplier of the elements required for the pursuit of sustainable energy and other applications in high-tech electronics and metal alloys. Combined, HLM’s Board of Directors and Management have over 300 years of finance, exploration and mining experience to facilitate the Company’s goal.



HLM has a total of 93,908,003 common shares issued and outstanding. For additional information, please visit www.houstonlakemining.com.





Company Contact Information



Trevor R. Walker, President

2736 Belisle Drive

Val Caron, ON.

Henry Kloepper, CEO

T. +001 416.520.0187



P3N 1B3 CANADA



T. +001 705.897.7622

HLM Advances Toward Proof of Concept with Bulk Sampling Program on the PAK Lithium Project


Sudbury, Ontario (FSCwire) - HLM has commenced the next phase of determining the potential for commercializing the PAK deposit by bulk sampling the lithium zone of the pegmatite. The preparation of the 300t (approx.) bulk sample will be completed by the end of March 2015. The objectives are to evaluate production of spodumene-bearing product as a precursor to potential commercial scale spodumene concentrate production, to test the suitability of the product for direct use as a replacement for lithium mineral concentrates, test blasting parameters and mining logistics with existing haulage infrastructure[1]. The scope of a future Pre-feasibility Study will be shaped by the results of this phase of testing.



The results of the 2013 and 2014 exploration programs on the PAK Lithium Project’s property, point to the deposit having the potential to be developed as a commercial supplier of technical grade lithium minerals. HLM is pursuing this potential with the aim of taking the PAK Lithium Project to market during the coming 3-5 years.



The characteristics of the high grade spodumene-bearing product comprising the Upper Intermediate Zone (“UIZ”) indicate there is potential for near term extraction of product from the zone that is suitable for use in traditional technical applications for spodumene concentrates (such as production of ceramics, frit, glass and glass ceramic). Production of this crushed and ground product without up-grading by flotation or gravity separation (Direct Shipping Ore “DSO”) could provide HLM with a source of useful revenue at low capital cost during the preparation of the Pre-feasibility and Feasibility Studies for the construction of a concentrator facility.



The key needs of the technical lithium users are low iron to lithia analysis ratio to avoid colouration of glass and glazes, consistent product analysis and particle size, and competitive cost. The lithium zone from which the bulk sample was extracted appears to have the pertinent mineralogical and chemical characteristics so it will be pilot-tested to validate the data that support these observations.



The sample has been collected by surface trenching of an area in the UIZ where there is discontinuous, limited overburden (<.5m) cover. The sample has been shipped from the property, and sample processing and transportation is expected to commence in the next few weeks.



The 2015 program for the PAK Lithium Project includes:



the collection of approximately 300 tonnes bulk sample from the Pakeagama Lake (PAK) pegmatite

commercial evaluation of the sample product

assessing the viability of interim DSO production

scoping and commencing the Pre-feasibility Study

“The bulk sample is the next step in HLM’s goal of becoming a fully integrated lithium, tantalum and rubidium producer by first establishing the ability of the Pakeagama Lake pegmatite deposit to produce a technical grade quality spodumene product for use in production of specialty glass and ceramics”, commented Trevor Walker, President of HLM. “The initial targeting of this lithium market segment is a logical introduction (based on low capital expenditure) of our long term strategy of supplying a wide range of rare metal products used in “green technology” applications. Spodumene helps the specialty glass and ceramics sector achieve efficiencies that reduce consumption of fossil fuels, energy costs and greenhouse gas emissions. Further “green” uses would be lithium compounds required for the electrification of transportation and other energy storage applications.”



Mr. Peter J. Vanstone, P.Geo., is an independent "Qualified Person" to HLM defined under NI 43-101 and has reviewed and approved the technical information contained in this news release.



About the PAK Lithium Project

The PAK Rare Metals Project lies close to the boundary between two geological sub-provinces of the western Superior geologic province in northwestern Ontario and hosts a rare metals pegmatite deposit. The deposit is an LCT (lithium- cesium- tantalum) classified pegmatite. These types of deposits have been the principal source of hard rock lithium, tantalum, rubidium and cesium ores mined in the world but there are comparatively few commercially-viable deposits.



HLM is actively exploring its 100% owned and optioned project which contains the Pakeagama Lake pegmatite. The deposit is one of the highest grade lithium deposits in North America which has a current Indicated Resource of 2.45 million tonnes of 1.81% Li2O Eq. and Inferred Resource of 5.91 million tonnes of 2.01% Li2O Eq. which has a technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe2O3)[2]. The deposit has adjacent zones that are enriched in rubidium and tantalum. HLM is also evaluating the phased co-production of rubidium and tantalum concentrates once lithium mineral production has been commercialized.



The deposit has a known 400m strike length with an estimated true width varying from 10m to 125m with a sub-vertical orientation. The resource remains open to depth and along strike to the northwest and southeast. A Phase III, 1,500m diamond drill program is currently being conducted whereby the objective is to upgrade the lithium Indicated mineral resource to a Measured category, and to possibly upgrade the Inferred mineral resource to a Measured and Indicated category.



About Houston Lake Mining Inc.
HLM’s goal is to become a fully integrated lithium, rubidium and tantalum producer through the development of the PAK Rare Metals Project in Ontario, Canada . The Company's strategy is to take advantage of the global shift towards electric/hybrid vehicles and high quality consumer electronics by becoming a raw material supplier of the elements required for the pursuit of sustainable energy and other applications in high-tech electronics and metal alloys. Combined, HLM’s Board of Directors and Management have over 300 years of finance, exploration and mining experience to facilitate the Company’s goal.



HLM has a total of 93,908,003 common shares issued and outstanding. For additional information, please visit www.houstonlakemining.com.





Company Contact Information



Trevor R. Walker, President

2736 Belisle Drive

Val Caron, ON.

Henry Kloepper, CEO

T. +001 416.520.0187



P3N 1B3 CANADA



T. +001 705.897.7622

Western lithium is on the up its time to get on broad at these penny level PPS they wont be for long so do your DD but don't take long as its T minus 10 and ticketing 9 8 .... as the rocket is WL >>>>>>>>>>>>>>>>>>>>>>>>>>

Announcements released as ORE

Date Price
sens. Headline Pages Edited text* PDF


30/01/2015 $ Trading Halt 2 PDF

OK....Blast off time...


Toyota Tsusho Corporation Acquires 100% Sales Right From Lithium Venture
Jan. 14, 2015 1:06 PM ET | About: Toyota Industries Corporation ADR (TYIDY), Includes: OROCF, TM, TYHOF

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)
Summary

On the heels of production start up Toyota Tsusho announces they will take all lithium carbonate production in Argentina.
An overview of Toyota Tsusho activities in the lithium production space and a highlight of the Argentine venture.
Why Toyota Tsusho lithium brine venture is strategic to Toyota Motors.

Tokyo based Toyota Tsusho Corporation South Sea Corporation (OTC:TYHOF), a member of the Toyota Group is one of the largest trading companies in Japan and the 6th largest in the world. The company has a worldwide presence through its many subsidiaries and operating divisions which include over 900 subsidiaries represented through 150 offices. The company's main goal is to support Toyota Motor's (NYSE:TM) automobile business and other Toyota Group companies through the supply of strategic material and components. Through a strategic relationship in Argentina the company has recently entered the global lithium supply chain in a very significant way.

A previously established joint venture between Toyota Tsusho and Australian-based Orocobre Limited (OTCPK: OTCPK:OROCF) will begin to see its first commercial activities from the "Olaroz Lithium Project" in the current month. Orocobre is a company who has been aggressively developing the world's next low cost lithium bring project in Jujuy, Argentina. Toyota Tsusho was brought in as a financing vehicle and raw mineral off take partner who assisted with the bankability of the project. Today, Orocobre holds 66.6% ownership of the project, with Toyota owning 25%, and 8.5% belongs to the Juju Province Mining and Energy Company (JEMSE). The gradual ramp up has begun to an ultimate production capacity of that could produce 17,500 tonnes per annum of low-cost battery grade lithium carbonate.

Toyota's Bets Big On Olaroz

In 2012, Toyota Tsusho and Orocobre formally entered this long term relationship with the signing of a definitive shareholders' agreement on the Olaroz Project which allow Toyota Tsusho a 25% interest in the project along with first off take purchase rights. As mentioned above Toyota Tsusho's primary objective is to support the business of Toyota Motors so it is unsurprising that Toyota Motor Corporation holds a 22% interest in Tsusho while Toyota Industries (OTCPK:TYIDY) holds an additional 11%.

In December 2014, Toyota Tsusho provided an update on the Olaroz Project. Here is a notable section of the press release:

Toyota Tsusho has acquired 100% sales rights to the lithium carbonate produced at the plant and aims to build a complete lithium supply chain,extending from upstream to downstream processes, in order to meet the expected growth in demand from Japan and other countries around the world. Shipments of lithium carbonate from the plant to Japan are expected to begin in January 2015.

It is in my opinion that the most significant aspect of the announcement is that Toyota Tsusho has acquired 100% sales right to the lithium output at the Argentine plant. This is a clear indication that Toyota Tsusho has either firm orders from Toyota Motors or has identified other lithium carbonate clients in Japan or elsewhere. This news follows several key developments at Toyota Motor over the past couple of years.

page 1 / 2
|Next »

Will look at it Bless as I'm set with WL well in the green even with the lows which I never really worried about as a Long as I have not doubt it will have big ups moving though 2015 with what is coming Thanks Regards Bill; Jet

One lithium related stock that is worth a look is FLUX.

http://investorshub.advfn.com/Flux-Power-Holdings-Inc-FLUX-25078/

Argentina Just imposed a 10 percent tax on all mining exports breaking a 1992 law That's what happens in banana republics Oh its was real nice to see her picture as she is a pretty lady {:

WOW...billyjet they are up and running !!! OROCOBRE The president of Argentina......Cristina Fernandez was involved....WHOA

OROCF


http://www.orocobre.com/PDF/ASX5Dec14_Olaroz_Opening.pdf

To any and all energy related investors looking for a safe place at a good PPS entry Check out Western lithium WCLDF as the news has just come across the wire As with all posts mine or any others Do your own DD before putting money in. Happy trading Jet

Very good article from Australian research analyst....


The Investment Doctor
Long/short equity, value, debt, base metals
Profile| Send Message| Follow (691 followers)
Orocobre's Recent Retreat Might Be The Final Opportunity To Get In
Oct. 20, 2014 5:00 AM ET | 5 comments | About: Orocobre Ltd. (OROCF)
Subscribers to SA PRO had an early look at this article. Learn more about PRO »
Disclosure: The author is long OROCF. (More...)
Summary
Orocobre's Olaroz project should be in production within weeks.
The recent contraction on the commodity markets has sent Orocobre's shares tumbling.
I see an easy 45% upside potential to the company's fair value.
(Editors' Note: Orocobre trades on the Australian Stock Exchange under the ticker symbol ORE.AX with ~$AUD 550K average daily volume).

Introduction
As it has been a year since I discussed Orocobre (OTCPK:OROCF) in depth, it was becoming necessary to write another in-depth update on the company. Since my initial article where I saw a 60% upside last year the share price has increased by roughly 50% only to come back down again to its original levels. As the project is now 12 months more advanced and further de-risked, I will now assess if it's a good time to get back in.

Source: company presentation

Keep in mind this is an Australian company and both its Australian listing as well as the listing on the Toronto Stock Exchange offer more liquidity than its US listing. The combined average daily dollar volume is roughly $500,000, so there's plenty of liquidity. I'd recommend to trade in shares of Orocobre through the facilities of the Australian Stock Exchange where the company is listed with ORE as its ticker symbol.

Where necessary I have re-calculated AUD into USD using an USD/AUD exchange rate of 1.14. And as always, all images in this article were directly taken from the company's website, presentation and other public documents. The calculations are my own and should not be interpreted as an official guidance.

A brief overview of the company
Orocobre's business is mainly built around two pillars. First of all, the company is in the final construction stage of its gigantic Lithium project in the province of Jujuy, but Orocobre also acquired the Borax operations from Rio Tinto in the summer of 2012. This allowed Orocobre to present itself as a diversified natural resources company as boron minerals actually complements the lithium side of the company, as boron chemicals could be produced from the brine at the Olaroz project.

Source: press release

As the Lithium part of Orocobre is much more important than the Borax Argentina acquisition from Rio Tinto, I won't go into too much detail on the Borax-pillar. A recent pre-feasibility for a new borax processing facility in NorthWest Argentina has revealed an after-tax NPV10% of $17.7M based on a useful mine life of 20 years. At this point in time I will give all of Borax Argentina's assets a valuation of $35M, and it's likely I'm underestimating the fair value, but as said, my main focus is on the lithium project in Jujuy.

The Olaroz Lithium project will be the company maker
As said, the Borax activities are just a nice addition to what Orocobre essentially is, a (very) near-term lithium producer. Its flagship project is the 63,000 hectare Salar de Olaroz lithium project which is just weeks away from starting up its production and will generate its first revenues before the end of this year.

After completing an impressive feasibility study in 2012, the company has fast-tracked the project and it secured Toyota Tsusho as a strategic partner. The latter has taken a 25% stake in the project and played an extremely important role in securing the debt financing for this $229M project.

(click to enlarge)

Source: company website

Signing on Toyota Tsusho was probably the best decision Orocobre could have made because the debt component of the financing package was guaranteed by JOGMEC, the state-owned company focusing on commodities. This has obviously kept the interest rate of the debt package very low as the expected cost of debt is just 4.5% for the $192M loan.

Source: company website

Right after securing this loan the construction started in March 2013 and no time has been wasted as the expected completion date of the construction is in November of this year already. The ramp-up period could be very smooth as all of the components which have already been finished are running smoothly at or even over the design rate.

About Argentina and the Jujuy province
The main negative factor which makes investors be careful about considering Orocobre for their portfolio is obviously its location. The salar de Olaroz is located in Argentina's Jujuy province, and as you know, Argentina has done some weird things in the recent past. For instance, it expropriated Repsol's YPF subsidiary to make it more efficient. But people seem to forget this wasn't an outright nationalization as Repsol effectively received compensation for its damages. Granted, this wasn't the nicest move by Argentina, but it's an understandable move as Argentina accused Repsol of under-investing in the Argentinean energy sector.

Even in the most recent case where Argentina needs to pay out some bond holders which didn't accept the country's debt restructuring offer approximately 10 years ago, the country seems to be acting in semi-good faith. It isn't even dismissing the claims by the remaining bondholders and has actually offered a bond swap whereby new bonds would be issued. The main reason why the country is unable to pay it in cash is its fast decreasing foreign currency reserve. As Argentina has a real double-digit inflation problem, its citizens were (and are) scrambling for US Dollars to protect themselves from this inflation problem. This has put severe constraints on the Central Bank of Argentina and there are now limits in place which people can buy how much US Dollars.

In an environment where both the country and the people are desperately trying to get their hands on a stronger currency, a new project like Orocobre's Olaroz Lithium project could be a god-send. As the lithium sales are usually settled in US Dollar, Argentina could strike a deal with Orocobre whereby the latter pays its tax bills in US Dollars rather than in Argentinean Pesos. So the country does have an interest to move this project forward, and I think a nationalization is out of the question.

Additionally, even the province of Jujuy holds an 8.5% equity stake in the project and has been very helpful to advance the Olaroz project. So, long story short, I don't think there's a real risk of nationalization in Argentina at this point in time, as that would immediately set the country back to the level of Venezuela and Bolivia. This would scare away any foreign investment in Argentina which the country desperately needs.

The fair value of Olaroz and why an extended mine life isn't important at this point in time
As you probably already noticed, I'm quite enthusiastic about the company's Olaroz lithium project. Let me try to convince you now with some numbers.

The initial capital expenditures of the plant were $229M, and this should result in an annual output of 17,500 tonnes of lithium per year at a cost of $2,000 per tonne. Given the current lithium price of roughly $6000/t, the operating margin is a very impressive 65%. As the demand for lithium is expected to grow at an CAGR of 12% throughout this decade, it's not unlikely Orocobre will receive more than $6000/t as some analysts are even expecting a price increase to $8000/t. This would be excellent news, but in my calculation I'll try to be more conservative and will use a lithium price of $6000/t throughout the life of mine.

The Argentinean corporate tax rate is 35%, and I will use a discount rate of 8% for my calculations. When a project is fully funded and almost ready to go into production I'd generally use a discount rate of 6% or 7%, but to be on the conservative side I'll stick with 8%. The initial mine life is 40 years (!) and this was based on just 15% of the total resources.

Cash Flow
Corporate Tax Rate (35%)
After-tax cash flow
Discount rate (8%)
NPV 8%
-229,000,000.00
-
-229,000,000.00
-229,000,000.00
61,000,000.00
0.0%
61,000,000.00
1.00
61,000,000.00
62,500,000.00
0.0%
62,500,000.00
1.08
57,870,370.37
64,000,000.00
0.0%
64,000,000.00
1.17
54,869,684.50
65,000,000.00
0.0%
65,000,000.00
1.26
51,599,095.67
70,000,000.00
15.0%
59,500,000.00
1.36
43,734,276.24
70,000,000.00
35.0%
45,500,000.00
1.47
30,966,535.47
70,000,000.00
35.0%
45,500,000.00
1.59
28,672,718.02
70,000,000.00
35.0%
45,500,000.00
1.71
26,548,812.98
70,000,000.00
35.0%
45,500,000.00
1.85
24,582,234.24
70,000,000.00
35.0%
45,500,000.00
2.00
22,761,328.00
70,000,000.00
35.0%
45,500,000.00
2.16
21,075,303.71
70,000,000.00
35.0%
45,500,000.00
2.33
19,514,170.10
70,000,000.00
35.0%
45,500,000.00
2.52
18,068,676.02
70,000,000.00
35.0%
45,500,000.00
2.72
16,730,255.57
70,000,000.00
35.0%
45,500,000.00
2.94
15,490,977.38
70,000,000.00
35.0%
45,500,000.00
3.17
14,343,497.58
70,000,000.00
35.0%
45,500,000.00
3.43
13,281,016.27
70,000,000.00
35.0%
45,500,000.00
3.70
12,297,237.29
70,000,000.00
35.0%
45,500,000.00
4.00
11,386,330.82
70,000,000.00
35.0%
45,500,000.00
4.32
10,542,898.91
70,000,000.00
35.0%
45,500,000.00
4.66
9,761,943.44
70,000,000.00
35.0%
45,500,000.00
5.03
9,038,836.52
70,000,000.00
35.0%
45,500,000.00
5.44
8,369,293.07
70,000,000.00
35.0%
45,500,000.00
5.87
7,749,345.44
70,000,000.00
35.0%
45,500,000.00
6.34
7,175,319.85
70,000,000.00
35.0%
45,500,000.00
6.85
6,643,814.67
70,000,000.00
35.0%
45,500,000.00
7.40
6,151,680.25
70,000,000.00
35.0%
45,500,000.00
7.99
5,696,000.23
70,000,000.00
35.0%
45,500,000.00
8.63
5,274,074.29
70,000,000.00
35.0%
45,500,000.00
9.32
4,883,402.12
70,000,000.00
35.0%
45,500,000.00
10.06
4,521,668.63
70,000,000.00
35.0%
45,500,000.00
10.87
4,186,730.21
70,000,000.00
35.0%
45,500,000.00
11.74
3,876,602.05
70,000,000.00
35.0%
45,500,000.00
12.68
3,589,446.34
70,000,000.00
35.0%
45,500,000.00
13.69
3,323,561.43
70,000,000.00
35.0%
45,500,000.00
14.79
3,077,371.69
70,000,000.00
35.0%
45,500,000.00
15.97
2,849,418.23
70,000,000.00
35.0%
45,500,000.00
17.25
2,638,350.22
70,000,000.00
35.0%
45,500,000.00
18.63
2,442,916.87
70,000,000.00
35.0%
45,500,000.00
20.12
2,261,960.06
429,847,154.78
As you can see, the after-tax NPV8% of the project is roughly $430M. It also doesn't make any sense to calculate the NPV of a 50- or 60-year mine life because the cash flow already gets discounted by a factor of 20.

If the lithium demand will indeed increase, I would expect Orocobre to expand its production rate. It has the resources to do so, and with its ultra-low cost of $2000/t it will never be 'pushed' out of the market. According to the company, an expansion would be possible at roughly 60% of the capital intensity of the initial capital expenditures.

So let's make a calculation to know the exact capital intensity. The capital intensity for the start-up was $229M for an output of 17,500 tonnes of lithium per year. This equates to a capital intensity of $13,000 per tonne. At a discount of 40%, any expansion capex would cost Orocobre roughly $7850/t (because several costs only have to be incurred once).

In the next calculation I'll use an optimistic scenario for the lithium demand. In the first 4 years I will use a lithium price of $6,000/t and a production rate of 17,500 tpa. In year 5 I'm budgeting an expansion to 30,000 tonnes per year which would have a capital cost of $100M ($8000 times 12,500 tonnes additional capacity). From year 6 on the output will be 30,000 tonnes per year and the used lithium price will increase to $6,500/t.

Cash Flow
Corporate Tax Rate (35%)
After-tax cash flow
Discount rate (8%)
NPV 8%
-229,000,000.00
-
-229,000,000.00
-229,000,000.00
61,000,000.00
0.0%
61,000,000.00
1.00
61,000,000.00
62,500,000.00
0.0%
62,500,000.00
1.08
57,870,370.37
64,000,000.00
0.0%
64,000,000.00
1.17
54,869,684.50
65,000,000.00
0.0%
65,000,000.00
1.26
51,599,095.67
-30,000,000.00
0.0%
-30,000,000.00
1.36
-22,050,895.58
135,000,000.00
25.0%
101,250,000.00
1.47
68,909,048.70
130,000,000.00
35.0%
84,500,000.00
1.59
53,249,333.47
130,000,000.00
35.0%
84,500,000.00
1.71
49,304,938.40
130,000,000.00
35.0%
84,500,000.00
1.85
45,652,720.74
130,000,000.00
35.0%
84,500,000.00
2.00
42,271,037.72
130,000,000.00
35.0%
84,500,000.00
2.16
39,139,849.74
130,000,000.00
35.0%
84,500,000.00
2.33
36,240,601.61
130,000,000.00
35.0%
84,500,000.00
2.52
33,556,112.61
130,000,000.00
35.0%
84,500,000.00
2.72
31,070,474.63
130,000,000.00
35.0%
84,500,000.00
2.94
28,768,958.00
130,000,000.00
35.0%
84,500,000.00
3.17
26,637,924.07
130,000,000.00
35.0%
84,500,000.00
3.43
24,664,744.51
130,000,000.00
35.0%
84,500,000.00
3.70
22,837,726.40
130,000,000.00
35.0%
84,500,000.00
4.00
21,146,042.96
130,000,000.00
35.0%
84,500,000.00
4.32
19,579,669.41
130,000,000.00
35.0%
84,500,000.00
4.66
18,129,323.53
130,000,000.00
35.0%
84,500,000.00
5.03
16,786,410.67
130,000,000.00
35.0%
84,500,000.00
5.44
15,542,972.84
130,000,000.00
35.0%
84,500,000.00
5.87
14,391,641.52
130,000,000.00
35.0%
84,500,000.00
6.34
13,325,594.00
130,000,000.00
35.0%
84,500,000.00
6.85
12,338,512.97
130,000,000.00
35.0%
84,500,000.00
7.40
11,424,549.04
130,000,000.00
35.0%
84,500,000.00
7.99
10,578,286.15
130,000,000.00
35.0%
84,500,000.00
8.63
9,794,709.40
130,000,000.00
35.0%
84,500,000.00
9.32
9,069,175.37
130,000,000.00
35.0%
84,500,000.00
10.06
8,397,384.60
130,000,000.00
35.0%
84,500,000.00
10.87
7,775,356.11
130,000,000.00
35.0%
84,500,000.00
11.74
7,199,403.81
130,000,000.00
35.0%
84,500,000.00
12.68
6,666,114.64
130,000,000.00
35.0%
84,500,000.00
13.69
6,172,328.37
130,000,000.00
35.0%
84,500,000.00
14.79
5,715,118.86
130,000,000.00
35.0%
84,500,000.00
15.97
5,291,776.72
130,000,000.00
35.0%
84,500,000.00
17.25
4,899,793.26
130,000,000.00
35.0%
84,500,000.00
18.63
4,536,845.61
130,000,000.00
35.0%
84,500,000.00
20.12
4,200,782.97
709,553,518.36
So under these (quite likely) assumptions, the NPV of the Olaroz project increases to $709.5M. If I'd now use a 60/40 ratio to calculate a weighted average of these scenarios, I'm currently estimating the after-tax NPV8% of Olaroz to be $542M. As Orocobre owns 66.5% of the project, the attributable value of Olaroz to Orocobre is $360.5M.

Investment thesis
Orocobre's Olaroz project has everything a lithium investor would be looking for. It has been fully financed and is weeks away from production, there's a strategic partner involved with Toyota Tsusho which provided cheap debt financing. Additionally, the project is a very low-cost producer and should be easily scaleable in function of the lithium price on the world markets. The currently known resource at Olaroz will support a 200-year (!!) mine life. And keep in mind Orocobre also owns other lithium projects in Argentina which haven't even been added into this value calculation.

So what's the fair value of Orocobre as a whole? I'm estimating the 66.5% stake in the Olaroz project to be worth $360.5M. Adding the $35M of the Borax operations and I think Orocobre should be valued at $395.5M or $2.97/share. As the company is currently trading at approximately $2.05/share, there's a 45% upside potential from here. And keep in mind this is a conservative calculation, excluding all other mining projects but Olaroz.

I'm happy the share price came down again, as I now have the chance to add to my position at the same share price as last year, even though the project is much more advanced now and has been de-risked. Orocobre is a buy at this point in time, and the cheaper it gets, the higher the eventual reward will be.

Editor's Note: This article discusses one or more securities that do not trade on a major exchange. Please be aware of the risks associated with these stocks Less

You think Toyota is serious about their PLUG-IN/HYBRID ??!!
$250,000,000 on Orocobre development and $194,000,000 for new battery plant....!!!!!!


The uptake of EVs will be the focal point of growth for
the industry, major car manufacturers including: Toyota,
Nissan, Form, GM, Tata Motors and Volkswagen are anticipating
adding a further 40k tpa of LCE consumption to the market by 2015.
Toyota is expecting to increase their lithium ion battery
production by as up to six times with a new production line
planned at a cost of US$194M subsequently
increasing its output capacity in line with their
projections for the uptake in demand for lithium after
establishing its Joint Venture with Orocobre at a brine
project in Argentina. The project is anticipated to reach
17,500 tonnes per annum of low-cost battery grade lithium
carbonate. This change shift in using lithium based automobiles
and focus on new production capabilities by firms
like Toyota has been highlighted by switching to selling their
new Prius Plug in Hybrid Electric Vehicle, with the
demand anticipated to accelerate for lithium ion batteries
in EVs as the new Hybrid is lighter and less costly.

Well Bud Yeah I would not sell it and remember something with the drop in crude prices and a little bit of an impact its had lithium stocks or with the Mud/Lithium and WCLDF as some people panic Is that Tesla and the US oil and Gas fracking Techno developments started in earnest in a time when oil was below $40 a barrel Circa 2008 2009 So I don't believe either are going to halt because of some price fluctuations currently that always happen with energy prices In addition as history has shown us energy is more likely to jump in price from a war,weather or political upheaval With Lithium and MUD stocks I don't believe you can go wrong long range as long as the company is got good financials with a reasonable PPS as the tooth paste is out of the tube and its not going back I can only play long as I don't have the stomach for short plays But to each his own Jet

back in 2012 I brought into Tesla @ 46 / share through a broker and have let it sit there. Doing quite well. Just a little over 250 shares. It was good advice from a broker. I won't touch it, let it ride.

Granted the Fuel cell does power an electric motor Just don't think it will last long range But I long ago decided not to pick winners and losers as I like Tesla but don't own stock to risky but tesla as a driving force that's another matter and the resoan Musk is build the giga and giving Tesla know how away So lets put the Fuel Cell aside The real key in the common factor in all IE Hybrid's,all electric Ext ... is Lithium ion batteries This also includes Storage of electrical power Musk just stated that a third of the Gigas production will be for stationary power storage Once the Giga and Ev of all shapes and the Power storage takes hold Than we will see the lithium market take off Jet PS Musk is in Germany this week {:

Best part is they need lithium Battery's to run also, Good for All lithium company's and Battery Producing Co. GiGa Factory ETC.

It will not hurt EV's at all. People could burn if Lithium Battery's catch unfire, there is risk's with everything.

ell that is real good to know I am sure people will be reassured that they will burn as opposed to blowing up But as stated your more Quaffed as you know more about transportation than Elon Musk As you and someone else think your smarter than him on Fuel cell cars

Billy you getting ahead of yourself and your competence level in these matters. Bud is infinitely more qualified than you on these matters and lithium in general.

To bad you didn't have the foresight to buy Orocobre like he did.....


IGNITION

Orocobre Limited (ASX:ORE) Mining Award & First Primary Lithium Carbonate Production
ABN NewswirePress Release: ABN Newswire – 5 hours ago

RELATED QUOTES
Symbol Price Change
ORE.AX 2.66 +0.15

Perth, Australia, Nov 27, 2014 - (ABN Newswire) - Orocobre Limited (ASX:ORE.AX - News) (TOR:ORL.TO - News) ("Orocobre" or "the Company") is pleased to announce that the Argentine mining magazine Panorama Minero and the Fundacion para el desarrollo de la Mineria Argentina ("Fundamin or Foundation for Development of Argentina Mining) named Orocobre Group's subsidiary Sales de Jujuy SA as "Mining Company of the Year 2014". This prestigious award was presented to Orocobre Group Operations Manager Jose de Castro at the Panorama Minero "Night of Honours" function in Buenos Aires on the 19th of November.

Commissioning

Having completed commission of the auxiliary circuits, the focus over the past few weeks has been on the primary lithium carbonate circuit. With the commissioning of the belt filter, the plant was able to produce the first primary lithium carbonate on 21st November. A short video of the primary lithium carbonate production is available on the home page of the Company website www.orocobre.com via the button entitled "Lithium Carbonate Plant Commissioning". The commissioning process has now moved on to the purification and micronising circuits which should be completed shortly. The latest images of the Olaroz Project are available for viewing in the Gallery, also accessible via the home page.

To view photographs, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-831722.pdf

IGNITION

Orocobre Limited (ASX:ORE) Mining Award & First Primary Lithium Carbonate Production
ABN NewswirePress Release: ABN Newswire – 5 hours ago

RELATED QUOTES
Symbol Price Change
ORE.AX 2.66 +0.15

Perth, Australia, Nov 27, 2014 - (ABN Newswire) - Orocobre Limited (ASX:ORE.AX - News) (TOR:ORL.TO - News) ("Orocobre" or "the Company") is pleased to announce that the Argentine mining magazine Panorama Minero and the Fundacion para el desarrollo de la Mineria Argentina ("Fundamin or Foundation for Development of Argentina Mining) named Orocobre Group's subsidiary Sales de Jujuy SA as "Mining Company of the Year 2014". This prestigious award was presented to Orocobre Group Operations Manager Jose de Castro at the Panorama Minero "Night of Honours" function in Buenos Aires on the 19th of November.

Sales de Jujuy SA was described as being renowned for its model of inclusive governance, providing benefits for all parties in the supply chain through its shared value policy. Diego Soriano, a representative for the community of Olaroz, accompanied Jose de Castro to the event, demonstrating the importance of the local Argentine communities to Sales de Jujuy SA and Orocobre. Orocobre was also awarded the Mining Company of the Year Award in 2012.

Corporate social responsibility forms a key part of the Company's management strategy across all operations. Sales de Jujuy SA was presented with the Silver Cup Award by Inversiones Empresas y Negocios for undertaking outstanding corporate socially responsible activities within the local communities in November 2013 and the Silver Cup Award was presented to Orocobre Group in September 2014.

Orocobre continues to partner with local governments, businesses and communities to deliver on its promise to create a sustainable, responsible and mutually-beneficial operating environment for all.

Commissioning

Having completed commission of the auxiliary circuits, the focus over the past few weeks has been on the primary lithium carbonate circuit. With the commissioning of the belt filter, the plant was able to produce the first primary lithium carbonate on 21st November. A short video of the primary lithium carbonate production is available on the home page of the Company website www.orocobre.com via the button entitled "Lithium Carbonate Plant Commissioning". The commissioning process has now moved on to the purification and micronising circuits which should be completed shortly. The latest images of the Olaroz Project are available for viewing in the Gallery, also accessible via the home page.

To view photographs, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-831722.pdf

When your trying to promote a stock or product Its up to you to provide the DD to prove it So if someone like Musk said fuel cells are not a viable car technology I believe him because if it was viable he would be on it in a minute But I guess you know more than him. You cry that you want buyers as I have seen in your post on said stock with no volume as it dips Well insulting them with valid questions is not a good way to go about it So I will go with Musk says that fuel cell cars are not a good workable alternative I believe him So post away it closed as a subject for me and an investment Happy Trading Jet

300% ahead

"NUFF SAID" that does not end it, you will not have the last word.

All posters have there opions, and will continue give them. You can't END any of it with your " NUFF SAID " Unless you have DD to prove it.

the Hindenburg's Hydrogen did not explode it burned after some thing else exploded or Lighting strike, unknown to date. hydrogen in impregnated canvas bags could not explode. Old movies of the disaster shows the burning, not exploding. Check your history.

https://www.hyundaiusa.com/tucsonfuelcell/

Toyota used NiCa because the lithium Tech. was not perfected at the time, Now short time later LI batts, fuel cell charging.

TESLA Cars are over the price of the Toyota. There $35,000 will not be available for some time yet,

ASK Leon Musk what he use's for powering his Rockets, and NASA used fuel cells for years in Space Craft. Besides electrical supply, they supply Oxygen, Water to the craft, Backed up with Lithium Hydroxide converting CO2 to Oxygen. Leon is Brilliant in a lot a ways. You would not want to work for him, when he eats you up alive, if you are slow to learn and produce.

18 to 6 means a lot don't you think.

Correction Toyota is Switching to lithium ion batteries in some of its hybrid cars As for the fuel cell do your own DD its a $70,000 car with 16 fueling stations nation wide Most of all in California and is driven by that states government mandates to build stations,not by market forces Check before you invest

FYI Toyota in its hybrid car product line does no use lithium ion batteries but nickel- metal hydride batteries In addition They are going to use their tried are true batteries in their fuel cell car to cut costs Not leap to lithium ion batteries technology's Jet

I will go with what Elon Musk said on the subject as he called the fuel cell the fool cell As noted its one thing to have an idea in theory Its another one to put it into practical use IE infrastructure that would require years to have any real commercial mass-market potential its simply not worth the cost for such a high end $75,000 plus car That not a good investment He{Musk] has proven to be one who's honest,sharp to the latest technical advances that are cutting edge and knows how to get it done.Putting technology into practical uses that make investors money Without him and his continuing efforts you have no future growth for lithium I take his word for it thank you over your DD any day Or are you saying you know more him ? I think not Nuff said Jet

Below is Toyotas PR link on there fuel cell car, it requires Lithium batts and cell recharges Batts to give longer mile extension. There EV's are not being dropped. Decades away, hardly.
Billy should take his own advise and do some DD. Fuel cell cars / trucks, bus's, Florida wants "0" emissions Garbage trucks they have them on order. This is happening now. AND IT DOES NOT TAKE AWAY FROM LITHIUM BATTERY'S it increases need for lithium.

http://www.toyota-global.com/innovation/environmental_technology/fuelcell_vehicle/

Yeah they said the same thing about the Titanic Unsinkable or non explosive LOL {:

When you're right you're right Billy...I'm betting on lithium whether it's in hydrogen cars or tesla's or Toyota whatevers. Last chance for Orocobre.

Yeah all it would take is one hydrogen explosion not just in the cars as no matter the tanks,crashes happen all the time and than there is the storage tanks for the fueling stations as they could also blow up But I don't think it matters as I just did a Google search on Hydrogen fueling stations nationally I only got 16 of them most of which are in California with one in the southeast SC on the eastern seaboard Also the fueling stations cost 3 to 5 million to build with the cost to fill up going for $50 to $100 They also require special attendants for safety and security reasons It would take decades and billons to build that kind of network of station As for electric there are over 14,000 of them not including Musk Superchargers that are already coat to cost Of course most people don't need a station to charge an EV You just plug it in the wall in the garage at night for pennies a month All ideas are nice but execution is ware I put my money Do your own DD though as its ypor money

Dont worry just as tesla's have caught fire. A hydrogen car will have an adverse problem in an accident.

Tank designed not to explode, but allows for hydrogen to just burn.
It burns off very fast and is out in seconds. Its been approved for street use buy state and federal already. California has approved it. they are the tuffist to get things passed.

You can see these trucks right now on LA & Long Beach highways, almost in your Backyard. You will get to see them first hand first. I'll send you some pictures.

Another problem with hydrogen is that its explosive...think hindenburgh. I know gasoline is also but its much harder to combust than hydrogen.

You gotta love it stealth military vehicles propelled by hydrogen fueled with water charged engines recharging lithium batteries. Don't tell Billy about this or he will go ballistic. He's hanging on a thread as it is.

Next thing he will be telling you is the Marines don't understand WLC's technology...and they will be selling to the Army.

The Marine Corp. has issued a Contract for EV trucks with Hydrogen fuel cells to recharge Lithium Battery's The trucks have double the power of Diesel engine trucks and they give off water as exhaust. And are very Quit , they also carry (towed ) portable Hydrogen fuel producing equipment solar powered. No large fuel oil tanker trucks needed, need less water tankers ( recover exhaust (H2O)). Trucks are Stealthy sound wise. No pollution. 45% cheaper to run than diesel. This Truck has been road approved already and going into Commercialization. they have orders for 500 Trucks right know for ports in L.A. and long Beach, ports in Texas. Walmart has one and will be ordering more. this is now and not a decade away as some Expects claim. Co. Is TTSI Trucking. Not a public company. Lots of government grants already been given for this project, with more to come. there hydrogen fuel tanks are Federal approved for on road use. there hydrogen fuel production use's Solar City goody's ( is that Leon ) Much more to this. OH did I say a proprietary software that puts it together.

No Natural Gas used. Hydrogen from water.

billyjet the one thing that I can never quite understand about you is your inflexibility? I think we all understand the electric and hydrogen car business by now. Toyota is looking 10-20 years down the road for hydrogen. But they still own part of Tesla and continue to build hybrids and will be releasing a new EV competitively priced with the Tesla.

Are you saying the worlds largest car maker is stupid and doesn't know what they are doing in the auto business. Amazing how much smarter you and your Yahoo Bulletin board friends from WLC are than Toyota.

Western Lithium....currently mining dirt to sell to frackers who are going out of business because of pollution and the drop in the price of oil....hello anyone want to buy some DIRT ?

Western Lithium...getting ready to try their patented technology in a lab in Germany (that no one can see)...in the hopes of raising $200,000,000 to build a mythical lithium processing plant near Reno 3 years from now if they can get the money and their technology works.

WOW did I miss something...?? OROCOBRE has finished building a $250,000,000 lithium mining and processing facility that goes online any day now....with real lithium...not pipe dream lithium....and their stupid partner Toyota invested millions in this obsolete technology. God help us and elect BillyJet as the modern oracle of lithium powered bs.

billy you are right about Toyota trying to go 'hydrogen' for the future. But if you recall the Prius Hybrid is the best selling hybrid in the world. Aside from the fact Toyota is not going to exit the EV platform. All of these car makers are experimenting. One of the issues with hydrogen is that it is produced from natural gas and you have to build a network of hydrogen stations to fill up these cars. Do you actually think Toyota is just going to stop making electric cars. Why would they be partners in a lithium mine with Orocobre?

You are trying a little to hard to promote your precious Western Lithium. Have you ever heard of expanding your investment reach. Buy some WLC, buy some Orocobre, buy some Graphite One, etc. You don't have to just believe in one thing.

And that is not enough to do a thing Good to know its not a real player for decades for sure. Bye bye Regards

http://search.nrel.gov/query.html?qp=url%3Aafdc.energy.gov%2F+url%3Aenergy.gov%2Fcleancities%2F&style=eere&qs=&qc=eren&ws=0&qm=0&st=1&nh=10&lk=1&rf=0&oq=&col=eren&qt=hydrogen+fuel+station+USA&x=36&y=10

Chk it out over 101 stations in USA and growing, 2 are in South Carolina North of Billjet.

Its got of problems IE The fuel cell and is not viable as of yet So as looked into your gem of a lithium stock your quote not mine I found that Toyota is planning a high end model so your looking at over 75k That not a volume of a market I have not seen one news report of a mass market of stations being built here or else ware When I see one in my city I believe it as I live a major HUB and independent news reports Love to as I have been looking for something else to invest in But I saw it drop off again today I think its in a nose drive Just think all investors need to do their own DD to be sure I will monitor it Regards Bill