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Tuesday, March 15, 2011

Cormack Securities iniates coverage of Talison Lithium, with a buy recommendation.



Talison Lithium Limited (TLH - TSX)
Fortifying Its Position As A Top Producer - Thursday, March 10, 2011

 
Over the last 12 months, Talison Lithium has made significant strides in growing its investor base and solidifying its position as the largest producer of lithium concentrate in the world. The company recently completed the first phase of expansionary work at its wholly owned Greenbushes mine near Perth, Australia and has set out to double its production capacity to an estimated 110,000tpy LCE per by F2013. Concurrent with its recent listing on the TSX, the company also purchased the Salares 7 lithium brine project in Chile. As such, Talison offers investors exposure to its current and growing spodumene production at Greenbushes, exploration upside from the brine projects at Salares 7 as well as leverage to accelerating lithium demand. Our outlook for the lithium sector remains positive. Demand for lithium, driven primarily by the growth of electric vehicles, is set to grow exponentially over the longer term. On the supply side, while there is no shortage of lithium deposits, customers are becoming highly discriminating, valuing security and quality of long-term supply. This is a customer base that Talison is ideally suited to satisfy.

Thursday, March 10, 2011

Hertz to rent electric vehicles in European market! Partners with Renault!

SOURCE: The Hertz Corporation
Mar, 2011 

Hertz and Renault Partner to Bring Electric Vehicles to European Rental Markets

Hertz One of First Operators to Offer Renault Twizy for Rental Across Europe, in Addition to Renting ZOE, Fluence and Kangoo Z.E. Models

PARK RIDGE, NJ--(Marketwire - March 2, 2011) - The Hertz Corporation (NYSEHTZ) has signed a Letter of Intent to add Renault's new and innovative range of electric vehicles (EV) to the fleets of Hertz and car sharing club Connect by Hertz across Europe.

San Gold - Promising Canadian producer confirms high grades in new zone!

March , 2011

Bissett, MB
TSX:SGR || OTCQX:SGRCF
www.sangold.ca
San Gold Confirms High Grades with Bulk Sample of 007 Zone

George Pirie, CEO of San Gold Corporation (TSX:SGR) (OTCQX: SGRCF), is pleased to report on preliminary mine development and bulk sampling within the 007 and 007 East Zones from 250 meters (820 ft) below surface.

Over 305 meters (1,000 ft) of strike length has been developed so far at this elevation with three distinct zones identified having strike lengths of 76 meters (250 ft) to 92 meters (300 ft) each. 15,405 tons have been processed in the Rice Lake mill so far this year from the 007 zones giving a mill head grade of 11.3 g/tonne (0.33 oz/ton).

Mining of the 007 zones have contributed to a record month in terms of tonnage mined in February of 37,825 tons or 1,351 tons per day average, including a new daily mined record of 2,674 tons.

Monday, March 7, 2011

Li-ion Motors Corp - Some cars and buyers are smarter than others!

232×112pxImage via Wikipedia
SOURCE: Li-ion Motors Corp.
 
Mar 07, 2011 08:30 ET

Li-ion Motors Corp. (OTCBB: LMCO) (FRANKFURT: LL9L) Proves Some Cars, and Car Buyers, Are Smarter Than Others

First-Ever Lithium-Ion Battery Powered Smart Car Conversion Sold Achieves Benchmark

MOORESVILLE, NC--(Marketwire - March 7, 2011) - In 2007, Li-ion Motors Corp. (http://www.li-ionmotors.com) (OTCBB: LMCO) (FRANKFURT: LL9L) joined with Sam's Club, a division of Wal-Mart, Inc., the nation's leading retailer, to create a "Once-in-a-Lifetime" gift package for its 47 million members.
Just seconds after it went live on the Sam's Club website, the one-of-a-kind package which combined a Li-ion Motors lithium-ion battery powered Smart Car conversion with a behind-the-scenes, VIP trip to NASA's Kennedy Space Center to witness a shuttle launch first-hand, was purchased by Keith Branyon, an attorney from Texas.
It was also significant as it was the first lithium-ion battery powered car ever sold to a private citizen in the world.

Saturday, March 5, 2011

Rodinia Lithium to exhibit at CPAC in Toronto March 6-9 2011

Rodinia Lithium Inc. Rodinia Lithium Inc.

TSX VENTURE: RM
OTCQX: RDNAF

Mar 04, 2011 09:42 ET

Rodinia Lithium Inc. to Exhibit at PDAC 2011

- RODINIA TO ATTEND PDAC IN TORONTO AT BOOTH #2527
- AN UPDATED CORPORATE PRESENTATION HAS BEEN POSTED TO THE RODINIA WEBSITE

- PRESENTATION CONTAINS VALUABLE INFORMATION RELATED TO THE RECENT RESOURCE ESTIMATE FOR THE SALAR DE DIABLILLOS

Wednesday, March 2, 2011

Talison Lithium to double chemical output to meet demand.

TALISON LITHIUM COMMENCES EXPANSION TO DOUBLE CAPACITY AT THE GREENBUSHES LITHIUM OPERATIONS

NEWS RELEASE
Perth, Western Australia, March 2, 2011 – Talison Lithium Limited (“Talison” or the “Company”) (TSX:TLH) announces final approvals and details on the Stage 2 expansion of production capacity of the chemical-grade plant at the Greenbushes Lithium Operations (the “Expansion”).

Highlights
 The Board has given final approvals for the Expansion and site works to commence in April 2011

 Expansion will more than double total nameplate production capacity at the Greenbushes Lithium Operations to approximately 740,000 tonnes per annum lithium concentrate (approximately 110,000 tonnes per annum lithium carbonate equivalent (“LCE”))

Rodinia Lithium defines large reserves at Diabillos!

RODINIA LITHIUM INC. DEFINES 4,959,000 TONNE LITHIUM CARBONATE EQUIVALENT RESOURCE AT SALAR DE DIABLILLOS

March 2, 2011



DIABLILLOS INFERRED MINERAL RESOURCE: 4,959,000 TONNES OF LITHIUM CARBONATE EQUIVALENT AND 19,837,000 TONNES OF POTASSIUM CHLORIDE EQUIVALENT

4,959,000 TONNES LITHIUM CARBONATE EQUIVALENT IS BELIEVED TO BE THE SECOND LARGEST LITHIUM BRINE RESOURCE TO DATE PREPARED UNDER NI 43-101 STANDARDS

PROJECT MAINTAINS ITS FAVOURABLE GEOCHEMISTRY WITH LOW MAGNESIUM AND SULPHATE LEVELS

DEPOSIT REMAINS OPEN AT DEPTH WITH CONSIDERABLE POTENTIAL FOR INCREASED RESOURCE GRADE AND SIZE WITH FURTHER DRILLING

Toronto, Ontario, March 2, 2011: Rodinia Lithium Inc. (“Rodinia” or the “Company”) (TSX-V: RM; OTCQX: RDNAF), is pleased to report receipt of an independent brine resource estimate for its Salar de Diablillos lithium-brine project (“Diablillos” or the “Salar”), located in Salta, Argentina, conducted by AMEC Internacional Ingenieria y Construccion Limitada (“AMEC”). The resource estimate reports an inferred brine resource of 932,000 tonnes of lithium (“Li”) metal, 10,404,000 tonnes of potassium (“K”) and 1,083,000 tonnes of boron (“B”), which is equivalent to 4,959,000 tonnes of lithium carbonate equivalent (“LCE”), 19,837,000 tonnes of potassium chloride (“PE” or “potash”) and 6,194,000 tonnes of B203 (“Boric Acid”). The project has an average magnesium to lithium ratio (“Mg:Li”) of 3.68 and an average sulphate to lithium ratio (“SO4:Li”) of 14.48.

William Randall, President and CEO of Rodinia, commented “this resource estimate positions Diablillos amongst the premiere lithium and potash bearing salars in the world.