exploration company, TSX-V-listed Dajin Resources
Corp. reported that its subsidiary, Dajin Resources
SA, has signed an agreement for mining leases in
Argentina’s Jujuy province with the
Cooperativa de Trabajo Minero Produccion de Boratos
Dajin will be
granted exclusive three-year exploration permits for the
cooperative’s Navidad and San Jose properties,
which cover a combined 4,400ha (44km2) in the
Salinas Grandes salar. After the period has elapsed, Dajin will
have the right to a 30-year option on the properties for
$700,000, during which time they would pay the cooperative a 3%
At a shareholders’ meeting
last week, ASX-listed Cobre Montana NL passed
a resolution to officially change its name to Lithium
Australia to reflect the company’s focus
on the mineral.
Thirteen other resolutions covering a
range of matters including appointments, share issues and
placements were also passed.
TSX-V-listed Nemaska Lithium
Inc. announced that it has applied to extend the term
and increase the exercise price of certain share purchase
warrants. This would apply to warrants exercised after their
initial expiry date.
The new expiry date is to be set as April
2017, with exercise prices increased by Canadian dollar (C$)
Nemaska is developing the Whabouchi
lithium deposit, a development composed of 33 claims over
1,1762ha (17.6km2), located 300km from Chibougamau,
In battery news, Elon Musk, CEO of
Tesla Motors, Inc., stated
that he expects the company to increase electric vehicle (EV)
battery pack capacity by roughly 5% per year.
Tesla’s latest upgrade sees
pack energy rise from 95 to 90kWh, providing a range increase
of approximately 6%.
In an R&D update, Chemical and
Engineering News reported on two new prototype
Oxfordshire, UK-based Faradion
Ltd. has designed a prototype electric-powered
bicycle, the first vehicle ever to be powered by a battery
using sodium-ion chemistry. While Oxford Energy
Ltd., also of Oxfordshire, has developed a
lithium-sulphur battery that it is using to power an
airport-style people carrier.
Both firms have identified various
modifications, chemical and otherwise, which may further
improve battery performance and reduce costs in the coming
Inside EVs reported on
Bio-Solar Inc.’s ongoing
development of a cathode technology intended to double the
storage capacity, lower the cost and extend the life of
lithium-ion (Li-ion) batteries
The company recently extended its
agreement with the University of California, Santa Barbara, for
technology development under the supervision of Nobel Laureate,
Dr Alan Heeger.
Asian Scientist Magazine
published a piece on a study into the creation of a new Li-ion
battery made from a porous solid, which aims both to lower
overheating risks and improve performance.
The results of the study, published in
Chemical Communications, show that the use of a
pumpkin-shaped nanoparticle may make Li-ion ion batteries less
likely to explode.
Finally, a well-publicised study published
in the Journal of Orthopaedic Research found that
lithium could be used to treat osteoarthritis.
The study, carried out at Queen
Mary University in London in collaboration with
scientists at the University of Otago, New
Zealand, tested the effects of lithium chloride on animal
cartilage and found that it slowed the degradation process
associated with degenerative disease.
cartilage samples were exposed to inflammatory molecules to
mimic the effects of arthritis and subsequently treated the
tissue with the lithium compound, which is already
widely used in the treatment of bi-polar disorder.
Martin Knight, co-author of the study, said: "The possibility
that an already widely available pharmaceutical could slow the
progress of osteoarthritis is a significant step
*Conversion made July 2015