ASX-listed Pilbara Minerals
Ltd said it has begun a feasibility study (FS) on its
Pilangoora lithium-tantalite project, near Port Headland in
Western Australia, following the awarding of all major
contracts for the study.
The FS is due to be completed by July 2016
following the release of prefeasibility study (PFS) in March,
the company said.
A resource upgrade for Pilangoora is
expected later this month, taking account of final assay
results from a 2015 drilling programme at the site.
Ardiden Ltd, an
ASX-listed junior explorer, has entered an option agreement to
acquire the Seymour Lake lithium-beryllium-tantalum project in
The lake has over 4,000 metres of
historical diamond drilling, which has confirmed the potential
for high quality spodumene mineralisation, the company
Ardiden believes the property will
complement its Manitouwadge graphite project as it seeks to
position itself as a supplier of lithium-ion battery (Li-ion)
Lithium Australia NL,
also ASX-listed, has said it expects to secure Australian
dollar (A$) 6m ($4.19m*) in funding through a share placement
valued at $0.14/share.
The deal is set to include an A$4m
investment from Lanstead Capital LP, which
will become Lithium Australia’s first
institutional shareholder, and follows a previously announced
contributing share bonus issue, which is expected to raise up
London-listed Bacanora Minerals
Ltd has filed a technical report for its Sonora
lithium project in northern Mexico, detailing its updated
mineral resource estimate, originally released in November.
The estimate comprises an indicated
mineral resources of 364m tonnes, averaging 2,600 ppm lithium
for 5m tonnes lithium carbonate equivalent (LCE) and an
inferred mineral resource of 355m tonnes averaging 2,000 ppm
lithium for 3.9m tonnes LCE.
Bacanora is fast-tracking the project to
supply lithium hydroxide to Tesla Inc. Li-ion
battery gigafactory in Reno, Nevada, due to be brought online
later this year.
TSX-V and Frankfurt-listed Alix
Resources Corp. said it had discovered a
"lithium-bearing, clay-rich showing" in a sequence of
sedimentary-volcanic rocks on the northern Tecolote concession
of its Electra project in northern Mexico.
The company said that the prospect, which
adjoins the Buenavista concession of Bacanora’s
Sonora project, yielded samples "moderately to strongly
anomalous in lithium", including individual samples of 211,
162.5, and 71.2 ppm.
Mining nomad and broker, SP Angel, noted
that although Alix is not reporting the higher grades of over
1,000 ppm seen on Bacanora’s properties, it
"stands to benefit in time from its proximity to
Bacanora’s projects and the metallurgical testwork
Alix also said that it had discovered
sedimentary beds on Electra’s Tule concession
similar to geological units which host Sonora’s La
Separately, the company has expanded its
holding in the area, with the purchase of mineral rights to the
4km2 Gran 2 concession, 600 metres east of the
Buenavista drilling area.
Dajin Resources Corp.,
also listed on the TSX-V and Frankfurt
exchanges, said that no objections to its proposed developments
in the Salinas Grandes salar in Jujuy provice, Argentina, were
raised at a meeting of the Unidad de Gestión Ambiental
Minera Provincial at the end of December.
The company said that neither government
nor local community representatives in attendance raised
concerns about its exploration plans for the San Jose and
Iconic Minerals Ltd has
expanded its lithium property holdings in Nye County, Nevada
from 303 claims comprising 6,060 acres (24.52km2) to
413 claims comprising 8,260 acres (33.43km2).
Previous sampling work on the salt flats
contained in the basin where the claims are situated has
lithium values ranging from 50-340 ppm.
TSX-V-listed Nevada Sunrise Gold
Corp. has entered into an interim agreement for an
option to purchase the Atlantis lithium property in Fish Lake
Valley, Esmeralda County, Nevada.
Nevada Sunrise will exchange 500,000 of
its common shares for a 100% stake in Atlantis in three
instalments following signature of a definitive agreement.
The site comprises unpatented placer
association claims of 1,262 acres (5.11km2)
news, a study carried out by Lux Research Indicates that
micro-hybrids, rather than electric vehicles (EVs) or fuel
cells, will drive efficiency in the automotive industry over
the next decade, in the wake of fuel economy targets.
Micro-hybrid technology allows vehicles to
automatically stop their engines when they would otherwise be
idling, using an improved or an additional battery to quickly
restart when required.
"The automotive industry is under intense
pressure to lower emissions and increase fuel efficiency.
Improved energy storage options will help make micro-hybrids
the most cost-effective way to respond, along with ongoing
improvements to lightweight materials," said Anthony Schiavo,
associate at Lux Research and lead author of the report,
entitled "Building the Car of 2025: How to Cost-Effectively Get
to 54.5 MPG Using the Right Mix of Advanced Technologies."
Fuel efficiency targets are being
introduced in the US and Europe of 54.5 miles per gallon (mpg)
and 95 g carbon dioxide emission per kilometre,
BioSolar, Inc.has received funding to extend its
research programme into advancing Li-ion battery technology at
the University of California, Santa
The company believes its technology can
double the storage capacity, lower the cost and extend the life
of lithium-ion batteries. The new financing will fund the
programme for a further 12 months until June 2017.
Finally, researchers at Stanford
University have developed the first Li-ion battery
that automatically shuts off when it overheats and restarts
when its temperature lowers.
"People have tried different strategies to
solve the problem of accidental fires in lithium-ion batteries.
We've designed the first battery that can be shut down and
revived over repeated heating and cooling cycles without
compromising performance," said Zhenan Bao, professor of
chemical engineering at Stanford.
The study was published in the journal
Nature Energy earlier this week.
*Conversion made January