Taking Care of Business
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Some interesting links.
Lithium News
Joe Lowry Global Lithium
Lithium Investing news
LithiumXcorp
Keep an eye on cobalt.
Lithium X Acquires Arizaro Lithium Brine Project in Argentina
Arizaro lithium brine project
Acquisition Highlights:
District-scale 33,846 hectares Arizaro project is located in one of the world’s largest and least explored salars thought to contain elevated lithium brine values
Potential to increase and enhance brine processing at Sal de Los Angeles, Lithium X’s flagship project, by combining with brine products from Arizaro
The entire salar is staked with other current land holders in Arizaro including Eramet, Sentient and REMSA (Salta Government)
Purchase price of 3,500,000 common shares and USD $250,000 for a 100% interest, subject to certain conditions
In line with Lithium X’s growth by acquisition strategy to become the go to pure play lithium company in the world
Sal de los Angeles Highlights:
Metallurgical testing in on-site evaporation pools has achieved 4% lithium concentration at Sal de los Angeles with 5% expected by the end of Q1 2017
Salta Exploraciones S.A. Joint Venture has initiated construction of the camp expansion
Construction equipment and supplies to be dispatched shortly, with a focus on construction of brine capture and pumping systems
Exploration program to commence in February 2017, focusing on resource expansion and resource category upgrade
Lithium X Upgrades Mineral Resource Estimate for Sal de los Angeles Project
Resource Estimate for Sal de los Angeles Project
VANCOUVER, Aug. 30, 2016 /CNW/ – Lithium X Energy Corp. (“Lithium X” or the “Company“) (TSX-V: LIX) (OTCQB: LIXXF), is pleased to report the filing of a National Instrument 43-101 technical report prepared by FloSolutions (Chile), dated August 30, 2016 and entitled Resource Estimate for Lithium & Potassium, Sal de los Angeles Project, Salta (Argentina) containing its first independent lithium (“Li”), potassium (“K”) and boron (“B”) resource estimate for the Sal de los Angeles brine project at Salar de Diablillos (the “Project”). Lithium X holds a 50% interest in the Project and can acquire an additional 30% interest (see March 3, 2016 news release).
*Highlights: NI 43-101 Mineral Resource Estimate of 194,860 tonnes of lithium (1,037,000 tonnes of lithium carbonate equivalent) of Indicated category.
*Significant potash by-product resource of 2,143,491 tonnes of potassium (4,088,000 tonnes of potassium chloride) Indicated
*High average grade of Indicated resource of 501 milligrams per litre (mg/L) lithium and 5,512 mg/L potassium
Looks like Panasonic has finally gone into production with their 18650s at Tesla's Gigafactory. And the key ingredients are HOT.
That depends on whether you're an Investor or a Trader...
Traders are likely to view this chart differently than investors.
At some point LIXXF is going to break out of this Red Channel. But Traders think the odds favor a retest of the Bottom of the channel.
Investors don't care. They know Chinese demand is gonna drive Lithium UP a year from now.
Galaxy Resources sells 120,000 tonnes of lithium spodumene concentrate for 2017 delivery at US$905/t for 6% Li2O, a 50% price increase.
Prices are starting to go back up...
Up over 10% on no news...??
What's going on in Argentina?
Lithium X Begins Trading on the OTCQX
December 5, 2016 – Vancouver, BC - Lithium X Energy Corp. (“Lithium X” or the "Company") (TSX-V: LIX) (OTCQX: LIXXF), is pleased to announce that the Company’s common shares will commence trading tomorrow, December 6, 2016 on the OTCQX®Best Market, a top tier public market in the United States, under the symbol LIXXF. Lithium X will continue to trade on the TSX Venture Exchange under the symbol LIX.
"In response to growing investor interest we have chosen to have Lithium X’s shares traded on OTCQX, enabling greater exposure and accessibility to our expanding U.S. and global shareholder base," said Lithium X’s President and CEO Brian Paes-Braga. “Lithium X looks forward to broadening its shareholder base further through the OTCQX platform.”
Geez did Trump say something about lithium?
Is somebody pumping this? It's up over 15% this morning in a Down market.
Zero trades this morning. What's going on?
Looks like the U.S. is starting to stockpile more lithium compounds used in batteries
http://www.reuters.com/article/lithium-us-stockpiles-idUSL8N1AW3NN
Okay they can produce flakes of graphene.
The market is looking for sheets of graphene.
It would be nice to hear them connect the dots to their lithium ion battery anode manufacturing process.
If Orocobre is a lithium play why aren't we showing their claims map in the header instead of an oversize picture of a boric acid plant?
Green Swan needs to find a Broker-Dealer to sponsor them for the OTC.
On the other hand American Lithium (LIACF), which started Drilling in Fish Lake Nevada last Tues., is up 15% on the day and they don't even have a Board.
Looks like someone unloaded 60K shares ahead of tonight earnings report. It'll be interesting to see how that works out.
LIXXF due to report earnings tonight AH.
Tony Seba presentation from Oslo on just how fast the world is gonna dump gas powered cars.
ICEs contain 2000 moving parts. The tesla has 18. That's less than 1%.
Zero marginal costs for maintenance. You can't compete with Zero Marginal Costs.
Absolutely.
But I see no reason to tie up capital for 3 years waiting for Nevada to turn a profit when you can get a faster return with places like the Sal de los Angeles.
Not in the minds of the Momo traders looking for the next big thing... lol
Clayton Valley development is heavily dependent on Pure Energy's successful demonstration of the Tenova Bateman and POSCO extraction technology. Which means 2019 is the earliest date for the whole valley.
I think the English version is easier to read. :)
http://www.resource-capital.ch/fileadmin/news/Advantage_Lithium/2016/en/en_Lithium_ES.pdf
Anyway, there's a lot of detail in these reports but they need to study Tesla's plans a little closer. Tesla's not buying Lithium for the factory. Panasonic is. Part of the reason the factory was built was so Panasonic could integrate cathode, anode and electrolyte fabrication under one roof...
I'm also a little surprised that they don't think Pure Energy can get into production before 2019.
The disclosure was interesting. "Therefore, all mentioned companies are sponsors of this publication."
Still this is pretty good for a first pass at a high altitude view. I'm sure they'll get a lot of feedback on this. I'll keep an eye out for their next one.
BTW nice to see a map of the Salta Province in the header.
American buyers suffer from 'range anxiety'.
But Electric vehicles can go far enough. People just don’t know it yet.
http://www.vox.com/2016/9/14/12904960/electric-vehicles-range-anxiety
American buyers suffer from range anxiety.
Proterra is building buses that get 350 miles... lol
https://www.proterra.com/products/
In fact that's where a lot of BYD's (Buffet's EV company in China) revenue is coming from. They doubled the amount of EVs they sold in August compared to last year .
http://insideevs.com/byd-doubles-ev-sales-in-august-sets-new-record-of-10545-sold/
EU research groups say EU needs ban sales by 2035
http://www.reuters.com/article/us-climatechange-cars-idUSKCN11L197
Story on Norway by 2025
https://electrek.co/2016/06/03/norway-gasoline-powered-car-ban-2025/
http://fortune.com/2016/06/04/norway-banning-gas-cars-2025/
8 states by 2050
http://www.businessinsider.com/gas-powered-cars-banned-2015-12
http://blog.caranddriver.com/no-more-new-gas-powered-cars-by-2050-say-eight-states-and-five-countries/
And Morgan Stanley says many of them will be autonomous.
"The market for private automobile ownership is likely headed for disruption"
https://www.morganstanley.com/ideas/car-of-future-is-autonomous-electric-shared-mobility
Gasoline powered cars may be going the way of the incandescent light bulb.
Reuters reports that research groups in the EU want to stop sales of fossil fuel cars by 2035.
Norway's 4 main main political parties have agreed to ban sale of gas powered cars by 2025.
According to Car and Driver eight states in the US want to ban gasoline-powered vehicles by 2050.
I think we're gonna need a LOT of batteries...
Mass, good find this early in the morning.
Mostly I agree with Robert Sinn's analysis. But at one of the commenters said "The Salar de Uyuni in Bolivia has the worlds largest Lithium reserves" not Argentina.
However early investors should pay attention to the Milestones & Budget Chart. It's going to take another year before the feasibility study is completed.
It looks like Morales and his team have a good piece of land and hopefully we'll get some news on offtake agreements before the ponds are finished.
Thank you for encouraging my behavior... lol
I have a strong interest in disruptive technologies. And the 18650 battery is a watershed device for cars, powerwalls and robotic systems. The world is going to consume billions of these things and I'm interested in the technologies need to manufacture them.
Lithium, Spherical Graphite and Cobalt are the bottlenecks to production of the 18650s. There are no American pure plays in this space. This is what I'm looking for.
I feel like a Bear in the Copper River in Alaska. I know there are salmon coming up river and I plan to catch a few.
Meanwhile Advantage Lithium (AVILF), which doesn't even have a board, is up 7.8% today.
Nevada Sunrise (NVSGF) who sold the permits to Advantage is up 32%! on the day.
Nemaska's hard rock mining... very capital intensive relative to brine.
http://www.visualcapitalist.com/a-cost-comparison-lithium-brine-vs-hard-rock-exploration/
If I was spending money on hard rock I'd look at Australia. Pilbara Minerals (ASX:PLS) has the second largest Spodumene project in the world. They're claiming 3.9% lithium in some drilling samples. That's equivalent to 30,000 PPM! Nothing Argentina even comes close.
http://www.pilbaraminerals.com.au/sites/pilbaraminerals.com.au/files/291014-quarterly-activities-report.pdf
Of course the gorilla in the room is Greenbushes lithium project in Western Australia which is owned and operated by Talison Lithium, a subsidiary jointly owned by China’s Tianqi Group and US based Albemarle. Greenbushes is the world’s largest known single lithium reserve.
Mass, nice one. It supports the prior interviews. It certain gives more confidence in the direction this is headed.
Interesting tidbit about the offtake deal currently being negotiated...
I wonder how long it will be before China tries to buy it's way into Argentina.
I agree with Brian. Once they got Eduardo and his team they no longer needed Albemarle.
I found this graphite company in Alabama of all places. (ABGPF)
Apparently they're going after the Chinese monopoly on Coated-Spherical-Purified-Graphite (CSPR). They've developed a Spheronization process for creating spherical graphite from their own mine without using hydrofluoric, hydrochloric, sulfuric or nitric acids.
They've also developed a proprietary specialty manufacturing process for surface coating the graphite. Which means they can now produce their own batteries without Chinese graphite.
They're claiming the largest Graphite Mineral Resource in the USA. Mineral leases cover 43,000 acres on Private land.
Anyway there are a bunch of points in this presentation worth looking at:
http://alabamagraphite.com/wp-content/uploads/AGC-Corporate-Presentation-ABRIDGED-160611.pdf
The 85 kWhr battery in the Tesla model S would then require an estimated 700lbs of Coated Spherical Graphite and 34 lbs of Lithium. One of these is a bigger problem than the other... lol
Since Lithium X is going to be generating all of their revenue from Sal de los Angeles in Argentina we should at least have a map of the Salta Province claim in the header of this board.
http://www.lithium-x.com/wp-content/uploads/2016/09/LIX_southAmerica_Projects11.jpg
Satellite Map
http://www.lithium-x.com/wp-content/uploads/2016/03/Screen-Shot-2016-03-01-at-4.01.14-PM.jpg
Latest resource estimates are interesting as well.
http://www.lithium-x.com/news-release/lithium-x-upgrades-mineral-resource-estimate-for-sal-de-los-angeles-project/
If Pure Energy can get this solvent extraction technology that Tenova Bateman has developed into production it might encourage Lithium X to spend some capital developing their Clayton Valley property.
Okay. Nick posted a link to an interview with Brian Paes-Braga over on RSD. http://resourcestockdigest.com/archives/interview_hold/index.php?content_id=3902
Lithium X is focusing on Sal de los Angeles in Argentina not Clayton Valley. As soon as they get permits from the Salta government they plan construction on the ponding facility. Maybe by Q2 next year they have the feasibility study finished. They're expecting to produce 2,500 tonnes per year of lithium carbonate equivalence before they expand the facility 15K tons. Brian says everything is fully funded. I know this isn't in Nevada but this becomes a lot more interesting if they can connect to cash flow regardless of where it is.
Apparently they grabbed a bunch of claims in Clayton Valley because they think that with future advancements in technology it may be profitable to extract lithium from a lower grade operation.
One note here: Brian Paes-Braga hired the CEO of Rockwood, Eduardo Morales to to be COO of Lithium X. He knows Clayton Valley better than anybody and he's decide to run the operation in Argentina because that's where the money is.
Got a link? I didn't see anything on his site.
Green Swan Interview about rising Cobalt prices.
They're not going to start drilling until November but they've collected some interesting surface samples from walking the property around this 1.8 million year old meteor crater.
http://investorintel.com/cleantech-intel/green-swan-ceo-peter-clausi-global-shortage-cobalt-time-demand-skyrocketing/