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Showing posts with label Lithium-ion polymer battery. Show all posts
Showing posts with label Lithium-ion polymer battery. Show all posts

Thursday, April 12, 2012

Talison Lithium reports 15% increase in Q3 2012 sales


Perth, Western Australia, April 12, 2012Talison Lithium Limited (“Talison” or the “Company”) (TSX: TLH | US: TLTHF ) 
 
Lithium producer Talison Lithium's third-quarter sales rose 15 percent, helped by higher output.

The Perth, Australia-based company reported quarterly sales of 111,896 tonnes of lithium concentrate, up from 97,001 tonnes of lithium concentrate in the year-ago period.
Talison sold lithium for an average price of $340 per tonne, 12 percent above last year.
Production rose 6 percent to 93,563 tonnes of lithium concentrate.
Talison said production at its flagship Greenbushes in Western Australia will be shut down for about two weeks during May for expansion work.
 


Peter Oliver, Chief Executive Office and Managing Director, said, “During the quarter Talison achieved another record level of production at Greenbushes. This record was especially pleasing given the extensive construction activity currently underway to expand production capacity.  The expansion is nearly complete and, together with the recent price increase, positions Talison strongly for the expected growth in the lithium market.”
Preliminary Production and Sales Volume
  • Talison sold 111,896 tonnes lithium concentrate during Q3 FY2012 (or approximately 16,600 tonnes lithium carbonate equivalent (“LCE”)), a 15% increase compared to Q3 FY2011.
  • Q3 FY2012 production was a record 93,563 tonnes lithium concentrate (approximately 14,000 tonnes LCE), a 6% increase compared to Q3 FY2011.
  • The average sales price of lithium concentrates sold during Q3 FY2012 was US$340 per tonne, demonstrating the initial impact from the price increase that applied from January 2012.
  • Sales of lithium concentrate materially matched production for the nine months ended March 31, 2012, with 267,432 tonnes of lithium concentrate (approximately 40,000 tonnes LCE) sold and 273,286 tonnes of lithium concentrate (approximately 40,500 tonnes LCE) produced.
* Tonnes of lithium concentrate
  1. From quarter to quarter sales volume and average sales price may vary as sales are made in large shipments that can be irregular in timing and in varying proportions of technical-grade and chemical-grade lithium concentrate.
  2. This includes the approximately 38,000 tonnes of Talison’s lithium concentrate sales that were delayed from December 2011.
Outlook
Talison expects to sell approximately 350,000 to 360,000 tonnes of lithium concentrate for the full year ending June 30, 2012, in line with earlier expectations.
Growth Projects
Greenbushes Stage 2 Expansion On Schedule and On Budget
The Stage 2 Expansion at the Greenbushes Lithium Operations continues to proceed on schedule and on budget.
The Expansion is now in the final stages of construction and will then move into the commissioning phase. Production will be shut-down for approximately two weeks during May to link the existing production circuits to the new expanded production circuits.

Work on the new chemical-grade plant as part of the Stage 2 Expansion at the Greenbushes Lithium Operations.
Proposed Minerals Conversion Plant
Talison is continuing to advance its plan to add value to the high-quality Greenbushes resource by developing a plant to convert lithium minerals into lithium carbonate.
The engineering study for the lithium carbonate plant has now commenced and Talison is finalising tenure arrangements for its preferred site in the Kwinana Industrial Area, Western Australia. Discussions with potential customers are continuing positively.
The Company anticipates making an investment decision on the project by the end of calendar 2012 and is targeting production of lithium carbonate in 2015.

Greenbushes Resource Development
Talison is undertaking additional resource definition drilling at the Greenbushes Lithium Operations. The objective is to increase lithium mineral reserves and extend mine life to support future additional expansions of the lithium concentrate processing plants and a potential doubling in capacity of the lithium carbonate plant.
Talison is targeting completion of the resource development program by the end of calendar 2012.
About Talison
Talison is a leading global producer of lithium and has been supplying a global customer network from the Greenbushes Lithium Operations in Western Australia for over 25 years. In anticipation of sustained growth in lithium consumption, driven primarily by the secondary lithium battery market, Talison is developing several growth projects including a lithium carbonate plant in Western Australia and a lithium brine exploration project in Chile.
To view the entire press release please visit: http://www.talisonlithium.com/investor-centre/news
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Friday, February 3, 2012

Talison Lithium Q2

Talison Lithium to Report Fiscal Second Quarter 2012 Financial Results on February 13, 2012

Perth, Western Australia, February 2, 2012 – Talison Lithium Limited (TSX: TLH | US: TLTHF) announced today that it will release financial results for the fiscal second quarter 2012 before market open on Monday, February 13, 2012. An investor conference call will be held at 8:30 a.m. EST. Peter Oliver, Chief Executive Officer and Managing Director, and Lorry Mignacca, Chief Financial Officer, will host the call.

Investors in North America interested in participating in the live call should dial +1 (800) 299-8538 and enter passcode: 27020177. Those calling from outside North America should dial +1 (617) 786-2902 and use the same passcode. A telephone replay will be available approximately two hours after the call concludes through Monday, February 20, 2012 by dialing +1 (888) 286-8010 from North America, or
+1 (617) 801-6888 from outside North America, and entering passcode: 44937066.

There will also be a simultaneous live webcast and presentation used during this call that will be available on the Company's website at www.talisonlithium.com.

About Talison

Talison is a leading global producer of lithium. Talison mines and processes the lithium bearing mineral spodumene at the Greenbushes Lithium Operations in Western Australia. In addition, Talison explores for lithium at the Salares 7 lithium project made up of seven salars (brine lakes and surrounding concessions) located in Region III, Chile. Talison has an extensive, well established global customer network and a leading position in the growing Chinese market. Further information about Talison Lithium can be obtained via the Company’s website at www.talisonlithium.com.

To view the entire press release please visit:
2012-01-25 Talison Lithium Ltd. Press Release

Thursday, April 7, 2011

Lithium-Ion powered Electric Car sells for $4600 us in China!

SOURCE: Kandi Technologies, Corp.
 
Apr 04, 2011 13:30 ET

Kandi Technologies' New Lithium-Ion Electric Vehicle Unveiled at Hangzhou's First New Energy Vehicle Showroom

JINHUA, CHINA--(Marketwire - April 4, 2011) -  Kandi Technologies, Corp. (NASDAQ: KNDI), a leading Chinese exporter of off-road vehicles and developer of pure Electric Vehicles (EV) such as the "COCO" announced the official unveiling of the Kandi KD5011 at a grand opening ceremony for Hangzhou's first New Energy Vehicle Showroom (held on March 29th) in Hangzhou City. The KD 5011 is a Chinese government-approved, environmentally friendly and lithium-ion-powered pure Electric Vehicle.

Monday, October 25, 2010

LOMIKO TO CREATE ALLIANCE WITH MANUFACTURER OF ADVANCED LITHIUM POLYMER POWER PACKS FOR THE GLOBAL CELL PHONE MARKET!

(Vancouver) LOMIKO METALS INC. (TSX-V:LMR, OTCQX: LMRMF, Europe: ISIN:
CA54163Q1028, WKN: A0Q9W7,) announces it has signed an Letter of Intent Agreement to purchase a significant ownership stake in Mobile Power Corp., a US-based designer and manufacturer of patentpending lithium power packs for charging cell phones and other devices sold under the brand name
GoCharger®.

Most cell phones require recharging daily from a standard wall-plug charger or an
adaptor for use in a vehicle. At present, over 4.6 billion cell phones are in use worldwide with 2.5 billion phones being used in developing nations alone. Energy hungry phones that drain their batteries rapidly are now a major problem for most users worldwide. Currently, users have no other option than the wall or car outlets. The GoCharger® product line seeks to provide an easy to use, portable solution which addresses this problem.


“The GoCharger® is a next generation device that will compete with products now under development by battery industry leaders such as Energizer and Duracell which have been testing the market with similar devices.”, stated A. Paul Gill, Lomiko CEO, “Reducing the size of the GoCharger® using high density lithium polymer batteries and increasing the reliability using miniaturized, programmable circuit boards is key to addressing the power needs of the smart phone market globally.”

Upon completion of a 90 day due diligence period, Lomiko will pay $ 50,000 Cdn for 5% of outstanding
shares of Mobile Power Corp. 180 days from the completion of 90 day due diligence period and
satisfactory delivery of a working proto-type of the GoCharger®, Lomiko will pay $ 225,000 Cdn to the
Vendor for an additional 7.5% of outstanding shares of Mobile Corp. 360 days from the completion of
the LOI, Lomiko will pay $ 225,000 Cdn to the Vendor for an additional 7.5% of the outstanding shares
of Mobile Power Corp. In addition, Lomiko will receive a Right of First Refusal (ROFR) on any shares
to be issued or sold Mobile Power Corp.


BACKGROUND
Lomiko Metals Inc. is a Canadian-based junior company with the objective of increasing shareholder value through the acquisition and exploration of high quality mining projects and development into a fully integrated battery supplier. Lomiko is currently exploring for salt brines that contain lithium, sodium, sulfate, chloride and potash in salt lakes or salars.

Lomiko's growth strategy is to become a fully integrated supplier of lithium ion and lithium polymer batteries. The potential for partnership in creating rechargeable lithium batteries to replace current polluting methods of energy is excellent in the newly developing electric car industry. Interest in lithium and lithium batteries is growing exponentially. The Company is committed to its development program and in showing corporate social and environmental stewardship in the arena.

For more information, please contact Paul Gill at 604-729-5312, email: info@lomiko.com or refer to the
website at: www.lomiko.com
On behalf of Lomiko Metals Inc.
Signed: “A. Paul Gill”
A. Paul Gill, President & CEO

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.

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