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Dont look like its losing ground to me, nice post searay. I dont think Lithium will have a problem
First Liberty Power Corp. Lithium Market Update
Press Release: First Liberty Power Corp. – 22 hours ago
LAS VEGAS , Dec. 12, 2011 /PRNewswire/ -- First Liberty Power Corp. (OTCBB:FLPC.OB - News) (the "Company") www.firstlibertypower.com would like to draw investor attention to recent positive news regarding the lithium sector.
On Dec 6th, 2011 , Bloomberg (Lithium, Cobalt Among Minerals Facing Chronic Shortage, PwC Says) reported "Global manufacturers may face a critical shortage of 14 raw materials over the next five years affecting industries including chemicals, aviation and renewable energy, according to PricewaterhouseCoopers LLP." The report, from PricewaterhouseCoopers, identified Lithium along with Beryllium, Cobalt and Tantalum as some the affected resources. The story continued quoting Malcolm Preston , PwC's global sustainability leader: "Many businesses now recognize that we are living beyond the planet's means."
On Dec 5th, 2011 , Talison Lithium (Talison Lithium Concludes First Sales Contracts for 2012 With 15% Price Increase
) announced a 15% price increase for its first contracts for the calendar year 2012. They stated "the price increase reflects current lithium market dynamics" and "Talison is optimistic it will achieve similar price increases in the remaining sales contracts it is negotiating for calendar 2012." The price increase by Talison follows in the steps of price increases of 20% announced earlier in 2011 by Chemetall Foote, the lithium subsidiary of Rockwood Holdings.
Don Nicholson , President and CEO of First Liberty Power Corp., commented, "The report out of PricewaterhouseCoopers along with the price increases announced by Talison and Chemetall Foote, I believe, validate our exploration strategy of targeting lithium as a critical mineral with a huge upside potential."
First Liberty Power 's Lida Valley property (the "LVW Claims") shares many of the same geological and weathering characteristics of nearby Chemetall Foote Corporation's Silver Peak Mine, the only lithium brine producer in the United States . The LVW Claims are located within 15 miles of the Montezuma Peak, which is believed to be the source of the region's lithium. Mine production comes from lithium enriched brine located below the surface. This Silver Peak plant has been in production since 1967 and is designed to produce up to 1.2 million kilograms of lithium hydroxide per annum.
Vice versa
nedski,
Thank you, my thoughts to the tee.
We have more assets, were working in Chile, and we are a new company with nice associates on the board and other wise. MMTE is good, its just the rif raft from the past thats holding MMTE down. This will pass and when it does, its going to be big. IMO
WL is no slouch he will get this going. MMW
Ill say it again, not going anywhere, long and strong. Ill buy every chance I get. Im in this for a very long time, it could be tomorrow we get going here, or it can be next year, dont care. MMTE has the goods, its a win win situation no matter what. Just because were down now, because of everything and anything it takes these crooks to keep it down, dont matter. One of these days MMTE is gona go big time, and Im not going to miss it.
Just to let all you want to leaves know. So do and say what you may, again MMTE is a sure thing and IM here for the long run. The reason I read on the HUB is I find it funny reading what some of these non MMTEers write.
The fortune tellers, the way the PPS has been beat up around here , by far the fortune tellers. MMTE is way under value and is a sure thing. You go with what you think and Ill go with what I know..LOL
I agree Nerves,,NICE...LOL
Sounds real to me Nerves, but some GOOBERS dont realize it. MMTE has the assets, and some peeps just hang around making insinuations about how bad MMTE is. Answer me this, why do they hang around then? Is it they cant get enough shares, trying to break it down cheaper. Why are they still here when they hate this stock so much? Do they have a mission?? Dont get it!! LOL
Hey been here a long time and Im sure everyone else here has also. Im staying right where Im at, cant loose anymore than I already have...LOL
NOT SELLING, AND THIS STATEMENT IS NOT SELLING ME.
Strong and Long
The Fronk
Im new at this R/S stuff, what happens if they do call it off??
Whats going to sell the peeps after seeing something like this happen. Im sure they wont think highly of the progress of the company itself. I mean what the hell, thay called the R/S,, PPS drops down to nothing and then they come back with, "OH by the way we changed our mind and were not going to do a reverse".
NOW WHAT, how do we get the PPS back up, they havent had news for a year. Hows this going to work out?
Rock,
For real??
JUST A FRIENDLY REMINDER, IT MAY BE OLD NEWS BUT IT IS STILL THE FACTS AND CAN NOT BE TAKEN AWAY...IMO
DONT MISS THE BOAT!!!
Mammoth Energy Group continues to acquire Chilean lithium assets
Marketwire | June 3, 2011
Email Article
.
Mammoth Energy Group Inc. (PINKSHEETS: MMTE), a lithium and alternative energy mining company, announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has signed a Letter of Intent to acquire six concessions for a total of 2471 acres (1000 hectares) of lithium concessions located in the Salar de laco in northeast Chile.
“The Salar de laco is approximately 10 miles from the border of Argentina and approximately fifty miles away from the Salar de Atacama, Chile’s largest mined lithium reserve,” said William Lieberman, President of Mammoth Energy Group. He added, “With the Salar de laco and Salar de Pujsa LOI’s currently in place, we are continuing our acquisition hunt to become one of the largest international holders of Lithium concessions in Chile.”
The Salar de laco has similar geology to the Salar de Atacama where lithium concentrations average between 500 to 750 ppm lithium. The company intends to begin pursuing Canadian National Institute 43-101 compliant geographical reports on all of its announced acquisitions and current projects in negotiation.
Lieberman added, “Past geological reports have been done on the Salar de laco and the company is currently studying the concentration levels, but in past testing lithium concentration levels have averaged between 9-20 mg/l of lithium.”
Mammoth Energy Group’s Compania Lithium Investments Limitada has already acquired an initial thirteen lithium concessions for a total of 8649 acres (3500 Hectares) in the southern section of the Salar de Maricunga basin located in the province of Copiapo, Chile. The company has signed letters of intent to acquire an addtional 7165 acres (2900 hectares) of lithium reserves. The company is currently in acquisition mode and Compania Lithium Investments Limitada was created to acquire, develop and explore lithium and mining assets in Chile on behalf of Mammoth Energy Group Inc.
Now this would do the trick, I would even take LiOne
Im with TC and a few more peeps Im associated with, that stated 03 - 05
I myself think higher once we get through the BS going on. Est. Time? Mid first quarter is my quess.
There have been so many set backs keeping us from this PPS its not funny, as you all well know in time we will start our up-trend IMO. Say what you may but I refuse to listen too anything else, for I am long and believe in MMTE and WL.
The Fronk
I respect knowledgable peeps and paradigm wizz, you fit the bill.
Thank you sir for that great info again.
This needs to be posted on MMTE facebook page,,IMO
Hey Drews
Im sure everything you mentioned is in the works. I wish I knew what the hold up here is also. Im as baffeled as everyone else and been here as long.
I am going to stay to the end, I have a gut feeling about this stock, going on the info that we were given.
I can see a few things that are unstable for now but Im sure they will be worked out, and most likely are as we speak. Im sure also WL knows whats going on with the PPS. Recently hes hooked up with a couple big players and has the consessions he mentioned, working on more consessions in Chile, and hopefully Argentina. I IMO feel safe with MMTE, yea Im down big time just like everyone else but Im not moving a bit. Im going with my feelings on this one, and Im very sure we will make a come back IMHO.
Very NICE info paradigmwizard
Thank you very much, learn something new everyday.
WOW, Im impressed guys, maybe if we all kept talking like this she shall rise. Im here and not moving, it can go to 2 still not moving. Again, MMTE has the material to make this work, so we will not loose. The bad mouthers are looking for cheaper shares, they arent stupid, they also know what MMTE has. IMO
My guess, so they could move forward? Soon as this selling goes away, "when" we will be set to make a come back. Remember its all there waiting. JMHO
jkm1
GO MMTE, law suits done...
NICEEEEEEEEEEE ICE Baby, Law suit is out of the way. Maybe once we get rid of the left overs we will get our main entree, "The PPS BACK"
I heard you twice BR, thanks. I know we will get there...LOL
IM not going anywhere, I'll die here. I will wait cause I still think this will go big IMO. Been here to long to let it go now..LOL
My guess is we havent heard anything. I think this will sit 2/3s until the new year IMO. Where are these peeps? They really need to let us know that their still alive at least.
Talison Lithium Limited
TSX : TLH
December 05, 2011 08:36 ET
Talison Lithium Concludes First Sales Contracts for 2012 With 15% Price Increase
PERTH, WESTERN AUSTRALIA--(Marketwire - Dec. 5, 2011) - Talison Lithium Limited ("Talison" or the "Company") (TSX:TLH) today announced that it has achieved 15% price increases for the first contracts concluded for calendar 2012 sales. The Company also provided an update on its Greenbushes Lithium Operations and proposed lithium minerals conversion plant.
Price Increases
Talison is currently engaging in discussions with its customers with regards to prices for calendar 2012 sales. A number of contracts have been concluded and price increases of 15% have been achieved for sales to customers in China, Europe, US and Japan across a range of lithium concentrate products.
The price increases reflect current lithium market dynamics and are consistent with Talison's previously stated objective of pursuing prices that enable existing producers to justify the capital expenditure necessary to maintain a secure and growing supply of lithium in the future. Talison is optimistic it will achieve similar price increases in the remaining sales contracts it is negotiating for calendar 2012.
Greenbushes Stage 2 Expansion
The Stage 2 Expansion at the Greenbushes Lithium Operations continues to proceed on schedule and on budget. Foundations for the new chemical-grade plant are substantially complete and installation of steel-work has commenced.
The Company continues to expect commissioning of the Stage 2 Expansion during Q4 FY2012. Upon completion, the Stage 2 Expansion will more than double Talison's current production capacity to approximately 740,000 tonnes per annum lithium concentrate (approximately 110,000 tonnes per annum lithium carbonate equivalent ("LCE")).
To view the photo "Commencement of steel-work as part of the Stage 2 Expansion at the Greenbushes Lithium Operations", please click the following link: http://media3.marketwire.com/docs/tlh1205a.pdf.
Proposed Minerals Conversion Plant
Responding to growing global demand for an additional secure supply of lithium chemicals, particularly from electric vehicle battery manufacturers, Talison is aggressively pursuing its proposed plant to convert lithium minerals into lithium carbonate ("Minerals Conversion Plant").
After a review of the status of the Minerals Conversion Plant yielded encouraging progress to date, the Talison Board approved starting the next phase of the project at a cost of A$3.7 million.
Commencing in early calendar 2012, the next phase of the project includes a detailed engineering study of a 20,000 tonnes per annum lithium carbonate plant located in Western Australia. Talison is targeting commissioning in FY2015 and anticipates making an investment decision on the project by the end of calendar 2012.
Discussions with potential customers for the Minerals Conversion Plant are continuing positively. Talison is currently focusing on customers located in the North Asia region and is receiving considerable encouragement to expedite development of the project.
To view the photo "Talison's proposed Minerals Conversion Plant", please click the following link: http://media3.marketwire.com/docs/tlh1205b.pdf.
About Talison
Talison is a leading global producer of lithium. Talison has been producing lithium concentrate for a global customer network from the Greenbushes Lithium Operations in Western Australia for over 25 years. In addition, Talison explores for lithium at the Salares 7 lithium project made up of seven salars located in Region III, Chile.
TALISON
Put a 15% increase on the price of Lithium for 2012
www.marketwire.com
I personally would like to see Argentina in the works while we are waiting for Chili. WL was looking and still may be at Agentina, he stated this back in September, and again after that...Do ya think maybe he has something under his sleeve??? LOL
Lithium Policies Around the World
FYI
Policies for Supporting New Energy Vehicles Around the World
Country Policies
CHINA
In January, 2009, with the “Notice of Promoting the Development of the Energy Saving and Demonstration of New Energy Vehicles,” as well as the “Regulations of the Management of Subsidies for Energy Conservation and Demonstration of Alternative Energy Vehicles,” the Ministry of Finance and Ministry of Science and Technology carried out the “Ten Cities, One-Thousand Vehicles Plan” in 13 cities (including Beijing and Shanghai), in order to popularize energy retrenchment and demonstrate new energy vehicles. The maximum subsidy for the cities using alternative-energy buses will be RMB¥ 500,000, and electric cars will be RMB¥ 60,000. In March 2010, Premier Wen promised the promotion of alternative-energy vehicles, and commitment to political support for strategic industries.
U.S.A.
President Obama’s $825 Billion Stimulus Package provides a premium and loan of USD$ 2 billion for research on power batteries; USD$ 200 million for research on electric vehicles; USD$ 400 million for purchasing alternative energy vehicles for government institutions; USD$ 1 billion for upgrading the national electric grid to support recharging stations for 1 million PHEVs; and USD$ 2,500-7,500 preferential tax for consumers of PHEV up until 2016.
JAPAN
From April 1st, 2009, the Japanese Government carried out the “Green Tax System,” which is applied to electric, hybrid electric, clean diesel, and other approved eco-vehicles defined as “Next-Generation Vehicles.” Various tax-free, preferential benefits are available.
KOREA
Before 2011, USD$ 2.3 billion was spent on research and development of alternative-energy technology. Currently, the Korean Government is planning to spend an additional USD$ 15 billion to assist the purchase of small cars and hybrid electric vehicles.
E.U.
In January 2009, the European Union passed the motion to include vehicle emission and other environmental impact indicators into the requirements of public procurements. Soon after in March 2009, the European Commission provided EUR€ 3.8 billion, followed by a EUR€ 6.8 billion loan to support the development of alternative energy vehicles in the European car industry.
BRITAIN
In 2007, the Holding Tax of Vehicles was modified to levy different taxes based on the amount of CO2 emissions, which range from 0 to 30%. Following this, in April 2009, the British Government issued a 5-year, CO2 Emissions Deduction Plan, where consumers purchasing PHEVs or EVs can get a premium of GBP£ 2,000-5,000.
FRANCE
The French Government carried out incentives for consumers to receive a discount for alternative energy vehicles, stipulating that car owners could receive a subsidy of EUR€ 200-1,000 when replacing an old car by buying a low emissions and eco-friendly vehicle. In turn, purchasing a high-emissions automobile requires a sales tax of up to EUR€ 2,600. Additionally, more charging stations will be built for the public, located in supermarkets and residential districts.
GERMANY
According to the Petroleum Tax Legislation, preferential taxes will be applied to alternative-energy vehicles every year, which will amount to EUR€ 3 billion per year. The German Government provided a subsidy of EUR€ 500 million for HEV research in 2008. In 2009, a EUR€ 50 billion economic stimulus plan was passed, most of which was spent on research and development of electric vehicles, charging stations, and renewable energy.
I found this Interesting The Fronk
I think I would take a fire a week later, than blowing up like gas engines do. Blowing up on impact, you do not have a chance, fire in a contained battery pack is far less dangerous, plus peeps need to read directions.
I think the oil companys are trying to make a mountain out of a mole hill here. Yes its good to be safe, and I would think a electric car is safer than gasoline IMO. But they really need to get this fixed. They are comming out with new revised Li batteries all the time to make them safer, more lasting power and mileage, and quicker charging. They will get it mastered soon, and I dont think this is a threat to electric cars sector.
Welcome MaxS
Hold tight...LOL
Unflushable,
nice observation with the oil prices going up, and yea,, any kind of PR/News would do wonders right about now...
We all need a break from the 4s and 5s IMO
Im starting to see them in my sleep...LOL
untouchable,
Im not telling you how to do your plays, I personally averaged down from 00088 down to 5, just kept adding at the bottom. Most of us are down, and also most of us are still here. This is not going to happen over night which some cant get into their heads, and which I myself have a hard time realizing. But MMTE is a real company with connsessions, and a vision. WL is not by far an transparent CEO, but I belive he knows exactly what hes doing. Hes producing a team that is very experenced in mining. He states he has finacial backing and this is no problem, hes done everything he said he would do, and is doing more than we exspect,,IMO. He stated he doesnt watch the pps but supposally he has a Mil. invested with his own cash. So I am staying here on the facts we have, hes following through on everything he says, and knowing we do have connsessions and hes still getting more. He situated himself with two big companies, BHP and LiOne. So Im going on what I see as facts. I will wait and I will keep buying as I can.
MIT battery breakthrough gains on gasoline
By David Worthington | August 12, 2011, 4:19 PM PDT
Massachusetts Institute of Technology (MIT) recently revealed an energy storage breakthrough that could one day make batteries more commercially competitive with gasoline.
Scientists dramatically increased the energy density in lithium-air (or lithium-oxygen) batteries with the introduction of carbon nanotubes to the cathode. Though tiny, the nanotubes allow a battery to hold considerably more lithium oxide as the battery discharges.
“We were able to create a novel carpet-like material — composed of more than 90 percent void space — that can be filled by the reactive material during battery operation,” says Yang Shao-Horn, a Gail E. Kendall Professor of Mechanical Engineering and Materials Science and Engineering at MIT.
The net effect is more time between discharges, less weight, and an energy density much closer to gasoline than previous attempts at the technology. The battery can store four times more energy for its weight than current lithium-ion battery electrodes, MIT stated in its press release.
Shao-Horn noted that more work was necessary before the technology could become commercialized; nonetheless, science bloggers have already begun to visualize its use in the transportation industry, and even in the creation of hybrid aircraft.
Advances in battery technology are a welcomed development; energy storage has been a drag on the adoption of electric vehicles, and engineers have must devise sometimes unorthodox solutions for electricity generation.
Related on SmartPlanet:
•Liquid metal battery draws investors
Im hope so also, and I have a feeling he will. IMO
Never really thought about it, the next time I do I will check it out. Great observation okoil. Nice example
At this level why not buy on the ask. This is dirt cheap...
Looks to me a lot more buys than sells, couldnt tell by the pps though..LOL
Staying long and adding on...
Lithium Is Powering These Companies Into the Future
Dec. 1 2011
Lithium, the silvery metal that goes into batteries powering electric and hybrid cars, among other things, is turning heads. And with the way lithium companies are performing, this "white gold" might be worth a serious look.
What's driving the lithium wave?
Lithium, a lightweight metal that can store large amounts of energy, has made our lives easier in many ways. From the snazzy BlackBerrys and Macbooks we can't do without, to the hot electric cars we all swoon over, lithium batteries can be found everywhere.
While gadgets continue to rule, automakers' interest in electric vehicles has also gone up, fueling demand for lithium batteries. Last month, General Motors (NYSE: GM ) surprised many with its plans to roll out the electric Spark in 2013 in the U.S. Some of the biggest names have been backing Tesla Motors' (Nasdaq: TSLA ) electric run, and demand for its Model S sedan, due in mid-2012, is outpacing supply.
Ford Motor (NYSE: F ) is equally excited about riding the electric wave, and is planning to increase its electric-vehicle production threefold by 2013.
The higher the automakers' enthusiasm, the better it is for the companies who have been happily riding the lithium wave.
Riding the wave
There couldn't be a tastier treat for lithium producers than the metal's high demand and tight supply. Lithium king Sociedad Quimica y Minera's (NYSE: SQM ) third-quarter lithium volumes and revenues were significantly higher from the previous year, by around 25% each, and are expected to remain as firm.
Being the world's largest lithium producer and having the Chile (the hub of lithium reserves) advantage, SQM can emerge as the biggest winner here. Here's an intriguing tidbit: Chemical king PotashCorp currently holds 32% of SQM. It's got to be loving SQM's lithium position right now.
The other company to watch out for is Rockwood Holdings (NYSE: ROC ) . Its specialty segment's third-quarter top line climbed 17.4% as lithium volumes and prices rose. Upbeat about lithium, Rockwood is directing major investments into this business.
Things aren't any different for FMC. Higher prices and volumes for lithium helped push its specialty segment's third-quarter revenues up by 8% to $217.9 million from last year, thus driving its total revenues up by 11.6%. FMC is anticipating higher lithium prices next year, and SQM is equally optimistic. Understandably so, given how lithium is boosting their revenues.
It's even more impressive to see how every company that has anything to do with lithium is enjoying the party. Consider Polypore International (NYSE: PPO ) , which makes membranes for lithium batteries. It was a solid 65% growth in the sale of lithium battery separators that took its third-quarter revenues to $190.1 million, up 25% from last year.
Similarly, shipments hit record highs for lithium-ion battery maker A123 Systems (Nasdaq: AONE ) in its third quarter; revenues shot up a staggering 145% from the year-ago quarter to $64.3 million.
Catching the wave
FMC is planning significant lithium business expansions and is likely to start a new plant by 2014. Rockwood is building new plants in North Carolina and Germany to meet the growing demand for lithium.
These moves are giving clear indications of where the lithium market could be headed, and it might be foolish to ignore the metal's potential.
The Foolish bottom line
Subsidies, rebates, funding -- President Barack Obama is keen on pushing electric technology, aiming to make the U.S. the first country with 1 million electric cars on the road by 2015.
Fool contributor John Rosevear wrote earlier this week about how concerns about fires in the Chevy Volt hybrid car suddenly have investors raising the question of whether the electric-car revolution -- or at least the lithium-ion battery revolution -- is in trouble.
I don't expect the Volt incident to affect automakers and their use of lithium batteries in the long run. Automakers might get more cautious, but they aren't going to get their foot off the electric-car accelerator so soon. The optimism around lithium strengthens further as gadgets reach more hands.
A great alternative for fossil fuels, betting on lithium could turn out to be a smart move. Who knows, we might just strike gold with lithium
If this gets going this will be huge, got this one booked.