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    Lithium One - nach 50% Korrektur jetzt ein Kauf? - 500 Beiträge pro Seite

    eröffnet am 16.10.09 09:19:54 von
    neuester Beitrag 30.03.12 19:14:14 von
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      Avatar
      schrieb am 16.10.09 09:19:54
      Beitrag Nr. 1 ()
      gestern 8% rauf nach ner Hammerkorrektur, die auch vom globalen Li-Hype nicht gestoppt werden konnte. :rolleyes:

      Trotzdem interessant und auf die Watchlist!

      Und endlich mal eine Firma, die die wichtigsten Basisinfos nämlich die Zahl der ausgegebenen shares, options und warrants auf der ersten Seite präsentiert! :)

      http://www.lithium1.com/
      Avatar
      schrieb am 16.10.09 20:34:34
      Beitrag Nr. 2 ()
      UNGLAUBLICH :mad::mad:

      Ich kann in meinem Commerzbank-Konto den Wert nicht handeln :rolleyes:
      Was ist das für ein Scheiss-Laden?
      Avatar
      schrieb am 15.11.09 18:47:48
      Beitrag Nr. 3 ()
      bin hier nicht dabei, aber vllt. interessierts den ein oder anderen.


      viel ist ja nicht los hier!

      Lithium Investing Gets A Leg Up
      Fri, Nov 13, 2009

      By Kishori Krishnan, Exclusive To Lithium Investing News

      One more player has joined the lithium club. Canaccord Adams, an international independent financial services firm that draws focus on potential global investment opportunities in metals, mining, energy among other fields, has now decided to initiate coverage on a group of small lithium exploration plays.

      The spotlight has been turned on lithium after investments in the rare metal have shown a steady northward movement, even in these adverse times.

      Even before the economic recession hit the world, the demand for lithium grew by 7.2 per cent every year between 2001-08.

      Canaccord Adams, the international capital markets division of Canaccord Capital Inc, has decided to jump in. The report of the firm’s interest in lithium exploration appeared in the Financial Post.

      Analyst Eric Zaunscherb had picked out Canada Lithium Corp, Lithium One Inc, and Western Lithium Corp, calling each one a “speculative buy.”

      According to Canaccord, these three juniors met its criteria for potential investors getting exposure through one senior producer and a basket of junior explorers and developers.

      All three fit well into Canaccord’s philosophy of the junior players either having good projects that allow them to force their way into the lithium “club,” or be advanced enough to get into production rapidly.

      http://www.resourceinvestingnews.com
      Avatar
      schrieb am 04.12.09 20:49:01
      Beitrag Nr. 4 ()
      Morning Coffee, Canaccord Capital
      (12/03/2009)

      "With the demand for low emission cars expected to grow significantly, [Sanyo Electric] is accelerating development of lithium-ion batteries for plug-in hybrid cars. Most hybrid cars currently use nickel-metal hydride batteries; however, this market appears set to shift as automakers have begun to develop plug-in models and electric cars that use lithium-ion cells, which are lighter, more powerful, and more expensive.
      Toyota, the maker of Prius, the world's most popular hybrid vehicle, plans to build a plug-in model for retail buyers in 2012. General Motors intends to build as many as 60,000 Chevrolet Volt plug-in electric cars annually, starting in November 2010.
      Sanyo estimates that global sales of hybrid cars using lithium-ion cells, including plug-in models, will grow to 2.3 million units by 2015 and 10.2 million by 2020, while research by the Daiwa Institute of Research forecasts that lithium-ion cells will likely overtake nickel- hydride batteries in the car market around 2014.
      To gain exposure to lithium, Canaccord Adams recommends a basket of quality explorers and developers such as: Canada Lithium (CLQ), Lithium One (LI), and Western Lithium (WLC)."

      http://www.theenergyreport.com/cs/user/print/quote/3167?x-t=…
      Avatar
      schrieb am 08.12.09 11:46:07
      Beitrag Nr. 5 ()
      Antwort auf Beitrag Nr.: 38.513.339 von Videomart am 04.12.09 20:49:01hat der Wert nicht bereits sein Kurziel laut Cannacord erreicht ( und ist somit jetzt eine Verkaufsposition ? )
      Gruss

      Trading Spotlight

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      Die bessere Technologie im Pennystock-Kleid?!mehr zur Aktie »
      Avatar
      schrieb am 01.03.10 17:00:28
      Beitrag Nr. 6 ()
      Guter Artikel über Lithium

      http://www.wallstreet-online.de/nachrichten/nachricht/289120…

      Auch www.lithiumaktien.com hat viele gute Infos über Lithium bzw. Lithium-Firmen.
      Avatar
      schrieb am 09.05.10 23:31:32
      !
      Dieser Beitrag wurde moderiert. Grund: Spammposting
      Avatar
      schrieb am 23.09.10 10:14:10
      Beitrag Nr. 8 ()
      Hallo User,

      aufgrund aktueller Nachfrage, haben wir diesem Thread wieder eröffnet.

      Mit freundlichen Grüßen,
      JVogel
      Avatar
      schrieb am 23.09.10 10:29:28
      Beitrag Nr. 9 ()
      Lithiumaktien - kommt jetzt das Comeback?

      Am heutigen Tag, dem 23.September, werden die Aktien von Salares Lithium in den Börsenhandel zurückkommen. Sie erinnern sich? Salares Lithium ist mit Talison Lithium fusioniert. Seit Bekanntgabe der Fusion vor einigen Wochen waren die Aktien von Salares vom Handel ausgesetzt. Doch mit dem heutigen Tag ist nichts mehr wie vorher. Das betrifft die Börsennotierung wie auch das Geschäft von Salares. Denn die Aktien von Salares werden nun unter dem Ticker TLH in Kanada gelistet sein. Und auch der Firmenname wird sich von Salares Lithium in Talison Lithium verwandelt haben. Kein Wunder, denn bei der Fusion war Talison eindeutig der Macher. Die größten Assets bringt nun einmal Talison mit in die "Ehe". Auch wenn Salares Lithium über tolle Projekte verfügt, keine Frage.

      Talison gehört zu den größten Lithiumproduzenten weltweit. Im Westen Australiens, 250 Kilometer südlich von Perth, betreibt man die Mine Greenbushes. Eine Mine mit Tradition. Bereits seit den 1980-Jahren wird hier Lithium abgebaut. Im Laufe der Jahre wurde die Produktionskapazität systematisch ausgebaut. Heute liegt sie bei jährlichen 260.000 Tonnen. Gefördert wird natürlich kein reines Lithium, sondern das Lithiummineral Spodumen. 2008 waren es rund 7.000 Tonnen Lithiumcarbonat (Li2CO3), die man in Greenbushes so gewinnen konnte. Zum Vergleich, im selben Zeitraum wurden in der chilenischen Salar de Atacama 12.000 Tonnen Lithiumcarbonat gefördert. Dies zeigt, welch hohe Bedeutung die Greenbushes-Mine für den Lithiumweltmarkt hat.

      Salares Lithium betreibt sieben Lithiumprojekte in Chile. Diese sind allerdings noch nicht in Produktion. In Zukunft können diese Projekte aus den Gewinnen aus dem Verkauf des australischen Lithiums finanziert werden. Salares Lithium ist dann nicht mehr von der schwankenden Börse und ihren Finanzierungsmöglichkeiten abhängig. Aber auch für Talison bringt die Fusion mit Salares natürlich Vorteile. Vor allem kommen die Australier so an eine Börsennotierung zu recht günstigen Konditionen; Talison war nämlich bislang nicht börsennotiert.

      Die Fusion von Salares und Talison hat in der Szene für große Aufmerksamkeit gesorgt. Von der heutigen Wiederaufnahme im Börsenhandel könnte die gesamte Lithiumbranche profitieren. Zumal es neben Salares noch einige andere potenzielle Übernahmekandidaten gibt. Pan American Lithium etwa ist so ein Kandidat. Die Aktien sind in den letzten Monaten völlig unter die Räder gekommen. Dabei sind es nicht die Projekte von Pan American Lithium, die die Korrektur ausgelöst haben - Experten bescheinigen diesen immer noch einen hohen Wert -, sondern viel mehr die finanziellen Transaktionen von einigen Großaktionären, die ohne Sinn und Verstand das Unternehmen in Bedrängnis gebracht haben. Gerüchten nach soll es nun Gespräche zwischen Pan American Lithium und Großkonzernen geben, die eine umfassende Kooperation/Beteiligung zum Ziel haben. Das würde uns auch nicht weiter wundern, denn Pan American Lithium ist derzeit im wahrsten Sinne des Wortes für "'n Appel und 'n Ei" zu haben. Mit rund 33 Millionen ausstehenden Aktien kommt die Gesellschaft an der Börse auf eine Marktkapitalisierung von nur etwas mehr als acht Millionen Kanadischen Dollar. Das ist wirklich nichts...

      Auch Lithium One halten wir für hochinteressant. Doch dazu später mehr....

      Quelle: www.lithiumaktien.com
      Avatar
      schrieb am 23.09.10 10:39:26
      Beitrag Nr. 10 ()
      Avatar
      schrieb am 27.09.10 18:26:41
      Beitrag Nr. 11 ()
      Letzte Chance zu kaufen!!! LI wird sehr bald nach oben ausbrechen!
      Avatar
      schrieb am 10.10.10 13:49:22
      Beitrag Nr. 12 ()
      Einige Charts:



      Avatar
      schrieb am 10.10.10 13:51:36
      Beitrag Nr. 13 ()
      Und noch ein großer tagesaktueller:

      Avatar
      schrieb am 13.10.10 10:51:19
      Beitrag Nr. 14 ()
      toller Wert , habe bei Rodinia einige Gewinne rausgenommen und hier investiert

      Fakten sehr interssant, sind schön einen Schritt weiter als Rodinia :cool:
      2 Antworten
      Avatar
      schrieb am 13.10.10 10:58:04
      Beitrag Nr. 15 ()
      Antwort auf Beitrag Nr.: 40.311.034 von grasgruener am 13.10.10 10:51:19Cash-Rotation! ;)
      1 Antwort
      Avatar
      schrieb am 13.10.10 11:32:09
      Beitrag Nr. 16 ()
      Antwort auf Beitrag Nr.: 40.311.109 von to_siam am 13.10.10 10:58:04;) jo, bot sich an, selbes Segment, Lithium im Moment sehr gefragt und wirklich gute Werte mit Substanz sind rar!

      LI - LithiumOne

      2 Projekte:

      Projects Overview

      Lithium One takes a methodical approach to the acquisition and development of its lithium projects. We focus on stable jurisdictions and target projects with superior chemistry that are amenable to proven technologies. Our team then systematically de-risks the projects by applying best practice exploration science to define low-cost resources.

      Sale de Vida Brine Project: Northwest Argentina

      The flagship Sal de Vida Lithium Brine Project is located at Salar del Hombre Muerto, the only commercial lithium-producing salar in Argentina and the source of more than 16% of the world's production of lithium.

      - gleich neben dem einzigsten Produzenten in Argentinien - FMC - !!!!:cool:

      The brines in production at FMC Corporation's adjacent operation are peerless with respect to lithium grade and process chemistry. Lithium One's sampling continues to reveal similar grade and brine chemistry.

      The Company controls more than 365 sq km of land, where an aggressive program is well underway, systematically de-risking the project and advancing towards the timely development of a low-cost source of lithium for a rapidly evolving market. The systematic evaluation of the Sal de Vida Brine Project continues according to the $15 million work program approved by the Company and the Korea Consortium (KC) led by the Korea Resources Corporation (KORES). The KC is earning into the project by funding this program, retroactive to May 7, 2010 and through delivery of a definitive feasibility study in approximately 15 months. The KC will also guarantee the project debt facility for Lithium One's share of mine construction will negotiate an off-take agreement that will see the KC purchase at least 30% and up to 50% of the lithium production.

      James Bay Lithium Project: Northwest Quebec

      The James Bay Lithium Pegmatite Project in mining-friendly Quebec is an extensive high-grade spodumene pegmatite deposit that occurs at the surface. A large drill program in 2009 demonstrated impressive grade and continuity. Pending resource calculations and metallurgical test results will reveal the project's value.

      Situated adjacent to high-tension power, a paved highway, and water, the project is well located to provide a stable supply of lithium to the emerging lithium battery sector in the northeast United States and Eastern Canada.

      http://www.lithium1.com/

      http://www.lithium1.com/pdfs/Media%20Fact%20Sheet%20V2.pdf

      http://www.lithium1.com/pdfs/Corpor....entation%20082410_web…
      Avatar
      schrieb am 13.10.10 11:37:18
      Beitrag Nr. 17 ()
      von letzter Woche - Rodinia und WLC sind dann gut gelaufen, LI ist Nachzügler

      Electric cars put lithium miners on fast track

      Thu Oct 7, 2010 1:14pm EDT

      * Lithium demand seen doubling by 2020

      * Push for fuel economy through hybrids, EVs boosts demand

      * Battery makers, automakers buying stakes in miners

      * Producers see benefits of diversifying production

      By Julie Gordon
      TORONTO, Oct 7 (Reuters) - Lithium miners are reaping the benefits of a political and industry push to get more electric vehicles on the road, with shares in some Canadian-listed miners up more than 50 percent in the past two months................

      Looking ahead, companies with promising properties like Rodinia Lithium (RM.V), Lithium One (LI.V) and Western Lithium (WLC.V) could become takeover targets, said Hykawy

      And with demand soaring, there is space for two or three of the junior miners to grow into major players, analysts say....:cool:

      durch das JV mit den Koreaner ist LithiumOne eindeutig in einer besseren Ausgangslage, bzw. schon einen Schritt weiter

      http://www.reuters.com/article/idUSN0517500720101007
      Avatar
      schrieb am 13.10.10 12:03:30
      Beitrag Nr. 18 ()
      der ganze Artikel - LI hat Übernahmepotential; entweder durch FMC oder eine Autobude

      http://www.reuters.com/article/idUSN0517500720101007
      Avatar
      schrieb am 13.10.10 12:35:07
      Beitrag Nr. 19 ()
      und dann das Managment und die Directors - alles Granaten! viel viel Know und Erfahrung:

      ManagementLithium One's Management Team consists of mining industry professionals experienced in creating value through disciplined management, applied science and resource development.

      Patrick Highsmith; President and CEO
      Mr. Highsmith is a Geochemist/Geologist with 20 years of multi-commodity minerals industry experience. He holds Bachelor's and Master's degrees in Geological Engineering and Economic Geology/Geochemistry from the Colorado School of Mines. Mr. Highsmith brings experience from more than 200 mines and projects in over 20 countries, and he has been directly involved with numerous deals, project start-ups, and financings.

      Mr. Highsmith has held positions in mining, exploration, and business development with Rio Tinto, BHP Billiton, and Newmont Mining. He also served as Chief Geochemist and US Manager for ALS Chemex Labs. Most recently he was Global Manager - Exploration Business Development with Newmont before leaving in 2008 to found Intuitive Exploration, Inc. and the BitterRoot Group LLC. In addition to his role at Lithium One, Patrick is also Chairman of Copper One Inc.


      Rebecca Hudson, C.A.; Chief Financial Officer

      Ms. Hudson is a Chartered Accountant with 12 years of experience in the fields of financial audit, corporate finance, risk management, financial reporting, and corporate governance. She has worked primarily with publicly traded international and Canadian corporations, and has conducted transactions in reverse takeovers, mergers & acquisitions, divestitures and various advisory services.

      Ms. Hudson also serves as CFO of Explorator Resources Inc. and was recently CFO of Sierra Minerals Inc., a junior mining company producing gold. Ms. Hudson's industry practice also includes development of internal controls, liaising with external parties, managing foreign subsidiaries, and performing due diligence. Ms. Hudson holds a Masters of Accounting and a Bachelor's Degree from the University of Waterloo. She is fluent in both English and Spanish.


      Iain Scarr; Vice President Development

      Mr. Scarr brings extensive experience in industrial minerals exploration and development garnered from a thirty year career with Rio Tinto and its subsidiaries. Until February 2009, Mr. Scarr was Rio Tinto Exploration's Commercial Director for Industrial Minerals Exploration. In that position he played key leadership roles in marketing, commercial, and strategic assessments of worldwide industrial minerals projects, including Rio Tinto's much-publicized Jadar Lithium Project in Serbia.

      Previously, as Vice President of Exploration for Rio Tinto America Industrial Minerals Inc, Mr. Scarr led diverse exploration teams across the Americas, Australia, and Africa. During his tenure at Rio Tinto Minerals and forerunner subsidiary US Borax, he is credited with leading several industrial mineral discoveries and acquisitions. He has also worked extensively in Argentina, including at Rio Tinto's Tincalayu Borates Mine at Salar del Hombre Muerto, just northwest of the Company's Sal de Vida Project.


      Sergio Lopez, Project Manager - Sal de Vida

      Mr. Lopez is an accomplished field geologist with nearly 25 years of exploration experience in Argentina and Bolivia. While he has spent many years working in gold, copper and other metals, much of his career has been spent exploring for industrial minerals such as borates and potash in the Puna region, including at the Salar del Hombre Muerto and Potasio Rio Colorado in the Patagonia north. Mr. Lopez has worked with both junior explorers and major mining companies including the Rio Tinto Group, the Gencor group and Billiton. He advanced to be Senior Geologist with Rio Tinto Industrial Minerals, and became highly-skilled in all aspects of exploring and evaluating the salt deposits of South America.


      Board of DirectorsLithium One's Board of Directors is comprised of mining industry professionals with an impressive history of success in discovery and value creation.

      Martin R. Rowley; Chairman of the Board
      Mr. Rowley has had a distinguished career for over 25 years in the mining industry, being involved in the financing and development of several successful mines. Most notably Mr. Rowley was a co-founder of First Quantum Minerals Ltd in 1996. First Quantum is a highly successful mining and metals company with operations in Zambia, the Democratic Republic of Congo and Mauritania in Africa, as well as in Finland. Mr. Rowley served as First Quantum's CFO and as a Director until January 2007, and is currently the company's Executive Director, Business Development. He is also non-executive Chairman of Forsys Metals Corp, a leading company in the uranium sector.

      Maurice J. Colson; Vice Chairman of the Board
      Mr. Colson holds a masters degree in business (M.B.A.) and has been involved in the investment business for more than thirty five years. He was managing director in the U.K. for a major Canadian investment dealer for many years, and in Canada, he has been actively involved in providing strategic counsel and assistance with financing to emerging private and public companies. His network in the resource industry has expanded significantly from Canada ,and he has been actively involved in financing Canadian companies operating in China, Africa, and South America. He sits on the board of several TSE and TSX listed companies and is the former President and CEO of Lithium One Resources.

      Patrick Highsmith; President and CEO, Director
      Mr. Highsmith is a Geochemist/Geologist with 20 years of multi-commodity minerals industry experience. He holds Bachelor's and Master's degrees in Geological Engineering and Economic Geology/Geochemistry from the Colorado School of Mines. Mr. Highsmith brings experience from more than 200 mines and projects in over 20 countries, and he has been directly involved with numerous deals, project start-ups, and financings.

      Mr. Highsmith has held positions in mining, exploration, and business development with Rio Tinto, BHP Billiton, and Newmont Mining. He also served as Chief Geochemist and US Manager for ALS Chemex Labs. Most recently he was Global Manager - Exploration Business Development with Newmont before leaving in 2008 to found Intuitive Exploration, Inc. and the BitterRoot Group LLC. In addition to his role at Lithium One, Patrick is also Chairman of Copper One Inc.

      Paul Matysek; Director
      Mr. Matysek is President and CEO of Potash One, he is an experienced geochemist/geologist with a Bachelor of Science degree and a Masters of Science degree in Geology. Mr. Matysek has held management and director positions with several natural resource exploration and development companies.

      Previously Mr. Matysek was the CEO and President of Energy Metals Corporation, a uranium company traded on New York Stock Exchange and Toronto Stock Exchange. During the mid 2000's, Energy Metals became one of the fastest growing companies in Canada, growing from a market capitalization of only $10 million in 2004 to $1.8 billion when it was sold to a larger uranium producer in 2007.

      He has been involved in raising over $200 million for various exploration and development projects since 1999. Mr. Matysek is a founder of Lithium One.

      Jeff Pontius; Director
      Jeff has over 30 year's geological experience and possesses a distinguished track record of successful discovery that includes four precious metal deposits in North America. Significantly, he led the discovery and development team for Cripple Creek Deposit in Colorado, which is operated by AngloGold Ashanti and contains over 15 million ounces of gold. Additionally Jeff led the discovery work on two other Nevada gold deposits as well as the recent discovery of the new Livengood Gold Deposit in Alaska, which now has a total resource of more than 12 million ounces of gold and continues to rapidly expand.

      Jeff spent the past three years as the President and CEO of International Tower Hill Mines Ltd. which has made a number of gold and copper-gold discoveries in Alaska and Nevada the most notable of which being the Livengood Gold Deposit. For the seven years prior to this Jeff served as the US and North American Exploration Manager for AngloGold Ashanti as well as participating as a Director of Anglo American (USA) Exploration Inc. and a member of AngloGold Ashanti's regional business development team providing support for the company's acquisition program.

      Darren Pylot; Director
      Mr. Pylot is the founder of Capstone Mining Corp and in 2006 created Silverstone Resources Corp. He serves as President and Chief Executive Officer for Silverstone, and has been responsible for bringing Capstone's Cozamin base metal mine into production as well as negotiating and securing Silverstone's silver by-product streams agreements. Silverstone's business model of pursuing silver by-product streams and exploration projects are unique in the industry; and in less than 2 years Capstone has increased production at the Cozamin mine by 200%.

      Mr. Pylot has over 17 years experience in the management, administration and financing of public companies focusing on the junior resource sector. He has raised over C$200 million in equity financings in the past three years. Mr. Pylot is also a director of East Asia Minerals Corp. a well-financed, Asian-based Canadian mineral exploration company with uranium properties and advanced gold and gold-copper properties, and he serves as Chairman of the Board of Zena Capital Corp.
      Avatar
      schrieb am 13.10.10 16:27:22
      Beitrag Nr. 20 ()
      Ich denke hier beginnt die Story erst so richtig.Man kann sozusagen von Anfang an dabei sein.Günstiger wird man wohl nun nicht mehr reinkommen.:):)
      Avatar
      schrieb am 14.10.10 17:46:40
      Beitrag Nr. 21 ()
      Schade das hier gar nichts geschrieben wird:confused:Dabei ist das sicher eine sehr -sehr gute Aktie mit viel Zukunftspotential.
      Avatar
      schrieb am 20.10.10 09:13:49
      Beitrag Nr. 22 ()
      aufgepasst: Empfehlung von Grandich

      " Lithium One Quietly Revving Up Two Major Projects
      by Peter Grandich
      www.grandich.com

      One of the key features of hybrid and electric vehicles is that even the most powerful are incredibly quiet and you can barely hear them until they are nearly on top of you. Not a bad metaphor for one of the key lithium players in the junior market today - Lithium One Inc. (TSX-V: LI).

      The company has been diligently and quietly working throughout the summer, and even if you can’t hear their engines running, you’d better look out because their fall news cycle is nearly here and it could prove to be a big one.

      Upcoming News: Core drilling results from Sal de Vida lithium-potash brine project.

      Lithium One’s feature project is the Sal de Vida lithium and potash brine project in Argentina. The project covers the eastern sub-basin of the Salar del Hombre Muerto; the western sub-basin is operated by FMC Corporation and produced about 16% of the world’s lithium last year. The salar is massive, as needed for a viable lithium brine operation, and in the past year the company has completed significant work to sample near-surface brines over an area of more than 225km2. Results were remarkably consistent and extremely positive, containing high lithium and potash (averaging 765 mg/L (650 ppm) Li, 8,976 mg/L (0.76 %) K) and low adverse elements (averaging 1.77 for Mg:Li ratio and 10:57 SO4:Li ratio).

      The company has been core drilling the project since July, so any day we should see the first results that should delineate the brines in detail down to approximately 100 m depth. Two initial rotary holes were released in June. Results from those holes averaged 706 mg/L lithium and 0.58% potash to a depth of 60 m, well in line with the surface results and providing a glimpse of what may be around the corner.

      Upcoming News: First resource estimate at Sal de Vida, steps towards Feasibility.

      The anticipated core drill results will be used to model the extent and grade of the lithium and potash rich brine, and Lithium One expects to be able to report the first NI 43-101 resource estimate before the end of the year.

      At the same time, the company is moving towards tabling a definitive feasibility study by the end of 2011. The key steps in this stage include a year of on-site evaporation testing as well as hydrological studies to evaluate the project’s economics. These tests are expected to commence this fall so the company remains on schedule for completing the feasibility study.

      Upcoming News: Partnership agreement to include major corporate end-users.

      Last June, Lithium One’s combination of a great project and great team at Sal de Vida was recognized, and the company signed a coveted strategic partnership contract with the Korean state-run mining company, Korea Resources Corporation (KORES). The definitive agreement sees KORES fund the project through feasibility in order to acquire a 30% interest. Even more importantly however, it provides a guarantee that the partner will secure the debt share of project financing for mine development, including Lithium One’s portion, and purchase between 30% and 50% of the lithium products from the eventual operation.

      When Lithium One announced the partnership, it also indicated that KORES had signed a memorandum of understanding (MOU) to share its portion of the development joint venture via a consortium with two Korean corporate powerhouses: GS Caltex Corporation and LG International Corp. GS Caltex is one of the largest energy companies in Korea and is jointly owned by GS Holdings and Chevron. LG International is a trading company and part of the massive LG group of companies that includes the global lithium battery maker LG Chem. LG Chem has been aggressively expanding its production centers and clients for lithium batteries, most recently announcing a deal with Renault estimated to be worth a minimum of $1.8 billion over five years. The battery maker already had deals with Ford, GM, Hyundai and Volvo.

      Since June, GS Caltex and LG International have been involved in due diligence and legal proceedings in order to formalize the MOU into a definitive agreement. When that is completed and formally announced, Lithium One should be in a position to garner international recognition for having such prestigious partners.

      Lithium One features a board and management team with a history of delivering results in exploration, development and financing, which has served the company well in acquiring top projects and firm support from lithium end-users. With several major milestone announcements from the Sal de Vida project just around the corner, Lithium One is clearly poised to emerge as a leader in the race to develop new supplies of lithium."

      We are primed to take off soon!!!

      http://www.theprospectornews.com/weekly_1019_02.php
      Avatar
      schrieb am 20.10.10 11:11:38
      Beitrag Nr. 23 ()
      That will consume lots of Lithium!

      " Mindful of the ecological toll that gasoline and diesel engines exact on the environment, the Chinese government is pressing forward with plans to build 1 million electric vehicles a year by 2020, according to the Xinhua news agency.

      Citing comments Saturday from the country's minister of science and technology, Wan Gang, Xinhua reported that environmentally friendly vehicles are essential for the development of the auto industry in China, where vehicle emissions account for 70% of the air pollution in major cities.

      The ministry's plan calls for it to soon issue a framework to help bolster electric-vehicle production during the next five years, Xinhua said. China's government plans to spend 100 billion yuan ($15 billion) in the next 10 years to subsidize the effort, which includes building plants and infrastructure to accommodate green vehicles.

      Capital markets have already invested 8.5 billion yuan in electric vehicle production, Gang said, but more is needed.

      Growth -- and Subsidies

      "As the world's largest auto market, new energy vehicles are key to the development of China's auto industry," he said. Chinese demand for cars and trucks has continued to grow rapidly, with sales up nearly 48% during the first half of 2010.

      China also has a pilot program operating in 25 cities to provide consumers a subsidy of 60,000 yuan -- about $9,000 -- to purchase a zero-emissions vehicle.

      In August, 16 Chinese state-owned enterprises established a consortium of electric-vehicle manufacturers, AutomotiveWorld.com reported. The group's goal is to unify and consolidate existing technologies and coordinate efforts among the various companies.

      The world's second largest economy is also looking for ways to "de-carbonize" its electricity production as demand for electric vehicles -- and thus electricity -- heats up, according to Nobuo Tanaka, executive director of the International Energy Agency. China relies heavily on coal to for electricity production.

      Speaking earlier this month, Tanaka said that while the country's progress in promoting electrical vehicles was welcome, "China's problem is how to supply electricity carbon-free."
      Avatar
      schrieb am 20.10.10 11:15:07
      Beitrag Nr. 24 ()
      Fascinating paragraph in an article by the incomparable John Mauldin on the rare earth crisis developing not just between Japan and China, but between China and the rest of the world. Mauldin talks about the ways that some businesses have been trying to respond to the threat of having their supplies of REE severely limited, as well as the threat of greatly increased prices.

      "The shift in prices could well give amuch-needed boost to non-REEdependent technologies hampered by relatively inexpensive REEs. For example, the REE lanthanum is a leading component in the Prius’ nickelmetal-hydride battery system. (The Prius uses ten kilograms of lanthanum). Toyota has been edging toward replacing the nickel-hydride system with REE-free lithium-ion batteries, but has demurred due to the low price of lanthanum. Increase that cost by a factor of 20, or even the factor of three seen in recent months — and add in the threat of a full cutoff — and Toyota’s board is likely to come to a different conclusion."

      http://pragcap.com/china-future-rare-earth-metals

      Honda has already started making the switch to lithium-ion batteries.Personally, I think Toyota too will eventually make the switch, even if prices for neodymium (each Prius also uses 1 kg of Nd) and lanthanum don't go ridiculously high. It seems to me that the present superiority of lithium-ion batteries is increasing steadily with all the research going full force, where as there is limited room for improvement in nickel-metal hydride technology.

      IF Toyota starts making its hybrids and future e-cars with li-ion batteries, that will add massively to demand for lithium :cool:
      4 Antworten
      Avatar
      schrieb am 21.10.10 20:37:33
      Beitrag Nr. 25 ()
      koennte einer der freundlichen Thread-Experten auf eine Analyse der verschiedenen Lithiumproduzenten / Explorer verweisen ?
      1 Antwort
      Avatar
      schrieb am 22.10.10 09:10:04
      Beitrag Nr. 26 ()
      Antwort auf Beitrag Nr.: 40.369.305 von bmann025 am 21.10.10 20:37:33habe gestern in einem artikel gelesen, dass die seltenen erden aktien aktuell derart hochgepusht sind,
      und eventuell gar keine so große industrie-abhängigkeit davon besteht. hm... :confused::confused:
      es steht weiter drin, dass aber lithium sehr wohl gebraucht wird, bzw. in zukunft sehr wichtig ist.
      zumindest gestern zeigte lithium one stärke, das freut uns doch :)
      Avatar
      schrieb am 23.10.10 12:06:20
      Beitrag Nr. 27 ()
      Antwort auf Beitrag Nr.: 40.355.779 von German2 am 20.10.10 11:15:07Hi German2 - schön sich auch hier zu treffen!
      glaube die erste "Begegnung" liegt lange zurück bei Transmeridan oder Osisko :cool:
      Avatar
      schrieb am 23.10.10 12:08:59
      Beitrag Nr. 28 ()
      Antwort auf Beitrag Nr.: 40.355.779 von German2 am 20.10.10 11:15:07ich denke die Beteiligung der Koreaner (Kores) und indirekt LG International wird nochmal das Salz in der "Suppe" sein das den Pfiff bringen wird!
      2 Antworten
      Avatar
      schrieb am 25.10.10 08:46:12
      Beitrag Nr. 29 ()
      DAIMLER<DAIGn.DE> hält trotz der Schwierigkeiten seines
      Partners BYD<1211.HK> daran fest, in drei Jahren ein Elektroauto
      in China herauszubringen, wie der Vorstandsvorsitzende Zetsche
      laut FAZ (Samstagausgabe) sagte.
      * BMW<BMWG.DE> ist laut "Wirtschaftswoche" mit den Tests
      seiner Elektro-Minis zufrieden: "Das Elektroauto wird schneller
      Normalität werden, als wir dachten", wird eine
      Unternehmensvertreterin zitiert
      Avatar
      schrieb am 25.10.10 14:10:17
      Beitrag Nr. 30 ()
      Antwort auf Beitrag Nr.: 40.378.333 von grasgruener am 23.10.10 12:08:59ja, gut möglich.. nun, man schreibt nicht mehr so viel aber bin immernoch gut dabei im Rohstoffbereich..hab die Erfahrung gemacht das eher die Werte am besten laufen wo die Boards am ausgedünntesten sind..zu Neonos Zeiten war das wohl genau andersrum ;) nun,diese Aktie hier find ich äussest interessant, habsie schon paar mal getradet und hab mir jetzt einige Stücke für ein Longinvestment zugelegt .. die Partnerschaften und die echt hochgradigen Brinesmachen LI zu einer recht sicheren Nummer..man sollte nicht vergessen das der koreanische Partner einen Grossteil bis zurProduktion finanziert. Somit erwartet uns recht wenigVerwässerung.jedenfalsl hoffe ich das..:cool: ... die Aktie steht kurz vorm Ausbruch..hoffen wir das Beste
      1 Antwort
      Avatar
      schrieb am 25.10.10 14:15:36
      Beitrag Nr. 31 ()
      Antwort auf Beitrag Nr.: 40.384.030 von German2 am 25.10.10 14:10:17bei mir ähnlich - treibe mich mehr auf einem anderen Board rum....... ;-)

      die Konstellation bei LI mancht mich auch sehr zuversichtlich
      Avatar
      schrieb am 27.10.10 09:29:02
      Beitrag Nr. 32 ()
      Avatar
      schrieb am 28.10.10 10:53:54
      Beitrag Nr. 33 ()
      Meiner Meinung nach, hat der Hund aber noch ein paar Flöhe. Das, das Projekt realisiert werden wird, steht für mich fest. Starker Partner, gute Daten usw. Jedoch hapert es genau an diesem starken Partner, denn dieser will sicher möglichst günstig das Lithium einkaufen und durch den hohen Anteil wird dieser höchstwahrscheinlich seine Macht ausüben um sich gute Konditionen zu verschaffen, was wiederum den Gewinn drückt.
      2 Antworten
      Avatar
      schrieb am 28.10.10 11:05:13
      Beitrag Nr. 34 ()
      Antwort auf Beitrag Nr.: 40.405.821 von Raminus am 28.10.10 10:53:54der Vertrag iss klar:

      -30% des Projektes wenn KC 15 Millionen $ investiert bis die BFS fertig iss

      -KC kann weiter aufstocken bei Minenaufbau durch Überlassung von Darlehen oder Shares bei Credit

      -KC bekommt zwischen 30 - 50% der Lithium Produktion

      die andere Option wäre eine Komplettübernahme, ansonsten wird es nich viel billiger, egal wo die Aktie steht - denn die Produktionskosten lassen sich über den Aktienpreis nicht beeinflussen!

      KC wird m.M.n. Druck ausüben dahingehend, das es schnell und zielstrebig vorangeht - der Bedarf wächst und um zu profitieren muss man Zugang zum Rohstoff haben

      die jüngste Äusserung von BWM und Mercedes das Elektorautos doch schneller als gedacht den markt in naher Zukunft bestimmen werden weist den Weg
      abgesehen von der Unterhaltungselektronik
      Avatar
      schrieb am 29.10.10 15:32:34
      Beitrag Nr. 35 ()
      :cool:

      GE Plans Biggest Electric-Vehicle Order in ‘Huge’ Industry Step

      By Rachel Layne and Alan Ohnsman

      Oct. 29 (Bloomberg) -- GeneralElectric Co. may jump-startthe electric-vehicle industry with an order that Chief ExecutiveOfficer Jeffrey Immeltsaid will be the largest in history.

      GE, whose power-generation equipment provides a third ofthe world’s electricity, will order “tens of thousands” of thevehicles in about a week, Immelt said yesterday in a speech inLondon, without giving a total or identifying a manufacturer.

      “This is a huge step up,” said Brett Smith, avehicletechnology analyst at the Center for Automotive Research in AnnArbor, Michigan. “It’s the biggest order to date I’m aware of,by a lot.”

      Expanding the world’s fleet of electric vehicles wouldbolster GE as it expands so-called clean-energy technology suchas car chargers, solar panels and wind turbines. For everydollar of electric-vehicle sales, GE estimates it may get 10cents in revenue, said Gary Sheffer, aspokesman.

      Immelt said half of GE’s sales force of about 45,000 willdrive electric vehicles. The Fairfield, Connecticut-basedcompany also has a vehicle-leasing division through its GECapital finance unit. Financial terms and other details aboutthe order aren’t yet being disclosed, GE said.

      GE is investing $10 billion over the next five years incleanenergy across its business lines, including power-transmission software and so-called smart-grid technologies. Itsproducts include lithium-ion batteries for cars and trucks via aventure with A123Systems Inc. and sodium-based batteries foruse in large vehicles such as locomotives.

      Creating Jobs

      That spending creates jobs, Immelt told executives at anevent sponsored by the University of Cambridge’s Programme forSustainability Leadership.

      “GE has been one of the biggest players in this game andcertainly has a lot to gain from the electric vehicle,” Smithsaid. “They’ve really truly tried to push this hard to getthings going, and it seems to be a core corporate value.”

      An order the size of GE’s probably would come from severalvehicle makers, Smith said.

      Automakers preparing to sell vehicles powered solely bybatteries over the next 18 months include NissanMotor Co.,which starts delivering Leaf hatchbacks late this year; FordMotor Co., readying electric versions of its Transit Connectdelivery van and Focus compact car; and ToyotaMotor Corp.,which will sell a rechargeable RAV4 sport-utility vehicle.

      GeneralMotors Co. begins delivering plug-in Volt hybridsthis year, and HondaMotor Co., Chrysler LLC, Bayerische MotorenWerke AG and other large brands are preparing battery vehiclesdue by 2012.

      Global Outlook

      Combined deliveries of hybrids, such as Toyota’s Prius, andbattery-powered cars may reach 5.2 million by 2020, according toan Oct. 27 forecast by J.D. Power & Associates. That would beabout 7.3 percent of the projected global vehicle market.

      Immelt used his remarks in London to renew his call forincreased private spending on renewable-energy investments.

      “Now is exactly the time, because it’s less popular, wherewe have to invest more,” Immelt said. “We have to do it morecourageously. And we’re going to have to go forward for a whilewithout government at our backs.”

      GE Energy Infrastructure is the company’s biggestindustrialunit, accounting for $37 billion of the parentcompany’s $157 billion in revenue last year.

      GE is the largest shareholder for Watertown, Massachusetts-based A123, which has signed agreements with NavistarInternational Corp. and Fisker Automotive Inc. to supplyadvanced batteries for their vehicles.

      To contact the reporters on this story:Rachel Laynein Boston atrlayne@bloomberg.net;Alan Ohnsman in Los Angeles ataohnsman@bloomberg.net

      To contact the editor responsible for this story:Ed Dufner atedufner@bloomberg.net

      Last Updated: October 28, 2010 19:16 EDT
      Avatar
      schrieb am 01.11.10 11:32:54
      Beitrag Nr. 36 ()
      :cool: die Zukunft wird schneller Realität als wir denken

      01.11.2010

      Nissan Leaf
      Das Fünf-Milliarden-Dollar-Baby


      Elektroautos gibt es mittlerweile zuhauf - doch der Nissan Leaf ist bisher das einzige Modell eines namhaften Herstellers, das tatsächlich in Großserie geht. SPIEGEL ONLINE fuhr den Wagen, der 2011 auch in Deutschland angeboten wird.

      Nissan setzt alles auf eine Karte: die Elektromobilität. "Wir haben fünf Milliarden Dollar auf den Tisch gelegt", sagt Francois Bancon, der Chefstratege des japanischen Autobauers. "Wenn diese Nummer schief geht, sind wir tot, mausetot." Kein Wunder also, dass Bacon, der sich selbst als "gefährlichen Träumer" beschreibt, derzeit nervös ist. Denn nach drei Jahren Vorgeplänkel kommt sein erstes Elektroauto der Marke, der Nissan Leaf, auf den Markt. Es ist weltweit das erste in Großserie produzierte Modell, das um den Elektroantrieb herum komplett neue entwickelt wurde.


      Dafür, dass er über die Zukunft des Konzerns entscheidet, sieht der Leaf ziemlich unscheinbar aus. Mit 4,45 Metern Länge und 1,55 Metern Höhe etwa so groß wie ein Opel Astra, wirkt er wie ein Kompaktwagen, der etwas zu lange im Windkanal gestanden hat. "Die Zurückhaltung ist Absicht", sagt Bancon, "man darf die Leute nicht zweimal schocken." Weil sich das Publikum schon auf einen völlig neuen Antrieb einstellen muss, sollten zumindest Design und Bedienung vertraut bleiben. Bei den vier E-Autos, die Nissan bis 2014 auf den Markt bringen will, soll sich das ändern. Geplant sind ein leichtes Nutzfahrzeug, ein eleganter Wagen der noblen Schwestermarke Infiniti und schließlich ein Auto, das Bancon nur "den Durchbruch" nennt. "Wer das sieht, wird uns nie mehr Langeweile vorwerfen."

      Im Leaf kann man sich auf Anhieb wohlfühlen. Die Instrumente sind zwar ein wenig verspielt, der Wählhebel für das Ein-Gang-Getriebe ist ein gewöhnungsbedürftiges Plastik-Bällchen. Aber man sitzt ordentlich, und der Kofferraum fasst 330 Liter - bei 48 Akku-Zellen, jeweils von der Größe eines Laptops, die im Wagenboden verstaut wurden, ist das nicht selbstverständlich.

      Spitze 145 km/h - bis auf Deutschland ist das überall mehr als erlaubt

      Der Elektromotor leistet 109 PS und hat bei 280 Nm ab der ersten Umdrehung mit dem 1,6 Tonnen schweren Leaf keine Mühe. Wie jeder Stromer sprintet auch der Leaf wie ein Sportwagen los. Er fährt rundum flott, laut Tacho schaffte der Testwagen beinahe 160 Sachen. Dabei ist der Leaf mit Rücksicht auf die Reichweite offiziell auf 145 km/h limitiert. "Das reicht überall in Europa für den Verlust des Führerscheins", sagt Produktmanager Malo le Masson, "außer in Deutschland, natürlich."

      Während der Leaf innen so leise ist, dass sogar der Antennenantrieb und die Scheibenwischer-Motoren ruhig gestellt werden mussten, um weiter unhörbar zu sein, macht er nach außen hin extra Krach. Ein Lautsprecher in der vorderen Stoßstange lässt bis Tempo 30 ein anschwellendes Surren und beim Rückwärtsfahren ein Piepen ertönen, damit Fußgänger gewarnt sind.

      Die Reichweite beziffert Nissan auf etwas mehr als 160 Kilometer. Für den großen Autourlaub taugt das nicht. "Für die Urlaubsfahrt bekommen Leaf-Kunden kostenlos einen Leihwagen von uns", sagt Masson.
      :eek:
      Die Reichweite schmilzt mit jedem herzhaften Beschleunigen

      Zum Start unserer Testfahrt zeigt der Bordcomputer trotz voller Akkus nur 134 Kilometer Reichweite an. Und kaum ist die Klimaanlage aktiviert, sind gleich fünf Kilometer weg. Die nächsten fünf Kilometer schluckt der Sprint an der ersten Ampel. Und auf der Rampe über die Schnellstraße sind wieder fünf Kilometer fällig. Nach kaum zehn Minuten Fahrt ist der Aktionsradius plötzlich nur noch halb so groß. Dafür zeigt das Display schon jetzt eine erwartete Ladezeit von mehr als einer Stunde. Das kann ja heiter werden.

      Nach weiteren zehn Minuten hat der Rechner die Energievorräte offenbar neu sortiert und zeigt eine Reichweite von gut 100 Kilometern an. Wir fahren locker im Stadtverkehr mit. Was der Leaf beim Beschleunigen an Strom verliert, gewinnt er beim Verzögern wieder hinzu. Das geht auch auf der Landstraße so weiter. Solange keine Steigungen anstehen, schmilzt die Ladung der Akkus so langsam, dass man die Reichweitensorge fast vergisst. Wird die Strecke steiler oder die Fahrt schneller, bekommt die Batterieanzeige Schwindsucht: Für jeden Kilometer Steigung büsst man zehn Kilometer Reichweite ein, und bei Vollgas auf der Autobahn kann man dem Countdown kaum mehr folgen.

      Im Eco-Modus fährt der Leaf gemütlich - und sehr sparsam

      Höchste Zeit, den Eco-Knopf zu drücken. Dann fährt der Leaf zwar wie mit angezogener Handbremse und der Klimaanlage geht beinahe die Puste aus, aber man gewinnt deutlich an Reichweite. Auf dem Navigationsbildschirm wird der jeweils der aktuelle Aktionsradius angezeigt. Außerdem kennt der Pfadfinder natürlich alle Ladestationen entlang der Strecke.

      Die Akkus des Leaf haben jetzt zwei Stunden durchgehalten, doch nun geht der Stromvorrat zur Neige. Ein gelber Stecker blinkt im Cockpit - das Zeichen für Ebbe im Akku. Das Navigationssystem schlägt eine Route zur nächstgelegenen Ladesäule vor. Wir rollen dort, nach zweieinhalb Stunden und mehr als 100 Kilometern vor. Bislang hat das Auto Energie für kaum mehr als zwei Euro verbraucht, das ist erstaunlich.

      Der Haken an der Sache: Das Laden dauert an der Haushaltssteckdose gut acht Stunden. Eine Fortsetzung der Testfahrt könnte man also vergessen. Doch Nissan hat glücklicherweise sogenannte Quickcharger aufgebaut. Die sind so groß wie Telefonzellen und verfügen über Starkstrom. 80 Prozent der Akkukapazität ist nach einer knappen halben Stunde wieder geladen - das passt prima zu einer kurzen Kaffeepause.

      Im Innenraum wirkt das Auto ein bisschen schluderig

      Wir nutzen die Zeit für eine gründliche Inspektion des Innenraumes und sind zum ersten Mal seit der Begegnung mit dem Leaf enttäuscht. Wer genauer hinsieht, erkennt die lieblose Materialauswahl, die lustlose Verarbeitung und Mankos wie den mangelnden Verstellweg des Lenkrads. Es wirkt, als seien über die Konzentration auf den Elektroantrieb ein paar Essentials des modernen Autobaus vergessen worden.

      Dem Nachfrageansturm tut das keinen Abbruch. Im ersten vollen Jahr will Nissan 50.000 Leafs bauen. "Aber das reicht längst nicht, um die Nachfrage zu decken", sagt Bancon. Zunächst wird der Wagen daher nur dort angeboten, wo E-Autos speziell gefördert werden. In Japan und den USA zum Beispiel, sowie in England, Irland, Holland und Portugal. Die Deutschen Händler müssen wohl bis Ende 2011 warten auf den Leaf-Verkaufsstart warten. Hierzulande wird das Auto dann rund 35.000 Euro kosten.
      Avatar
      schrieb am 03.11.10 17:59:35
      Beitrag Nr. 37 ()
      Antwort auf Beitrag Nr.: 40.405.821 von Raminus am 28.10.10 10:53:541. der Partner bekommt das Lithium nicht geschenkt ;)
      2. er muss die Mine finanzieren bzw für LI's Anteil gradestehen

      3. News von gestern ... man sichert sich nun das 2. Project endgültig und legt noch im Nov die Ressourcenschätzung nach ... dieses Projekt ist fast noch interessanter, denn die Gradesind für Lithium sehr hoch



      ..habe heute billig aufgestockt ;)
      Avatar
      schrieb am 04.11.10 08:51:56
      Beitrag Nr. 38 ()
      ich stocke hier gerade weiter auf..es stehen einige News ins Haus .. 2 Ressourcenschätzungen , eine Scoping-Studie ...derNewsflow sollte die Aktie endlihausbrechen lassen;)
      Avatar
      schrieb am 05.11.10 11:10:43
      Beitrag Nr. 39 ()
      Rodinia Lithium Inc. Hits Lithium Fountain Grading 540 mg/l at Salar de Diablillos

      - Artesian Brine Intersected in Last Three Drill Holes with Values up to 540 mg/l Lithium, 5500 mg/l Potassium, 660 mg/l Boron and a Mg:Li Ratio of 3.33

      - Exploration Program Continues to Deliver Positive Drill Results, Expanding Zone Approximately 4 km East and 4.5 km South of D-RC-01

      - Significant Intercepts Include 510 mg/l Lithium Over 90 Metres and 530 mg/l Lithium Over 72 Metres in D-RC-03 and D-RC-04 Respectively

      - Artesian Lithium Brine Remained Unabated and Density Increased Over a 3 Day Span With a Pressure and Velocity That Pushed The Artesian Column Approximately 13 Metres Above the Salar Surface (Please see Figure 1)


      TORONTO, ONTARIO--(Marketwire - Nov. 4, 2010) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF), is pleased to report that it continues to intersect high-grade lithium and potash in its reverse circulation drilling exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina ("Diablillos" or the "Salar"). The Company remains encouraged by the results of the exploration program and reinforces its belief that the project has the potential to become a lithium, potash and boric acid producer in the near future.

      William Randall, President and CEO of Rodinia, commented "the fact that we are routinely intersecting artesian conditions containing high grade lithium values is, in our opinion, extremely positive. We believe that these results indicate that the subsurface brines are spouting to surface and increasing in salinity and density as they continue to flow. This is a rare phenomenon which may add significant value to the project. Equally exciting is the fact that we intersected these brines in the southern portion of the basin where, based on our auger drilling, we expected lower grade brines due to the proximity of the river. In our opinion these results indicate the potential for the majority of the basin to contain lithium rich brines."

      Results from the most recent five drill holes are summarized in Table 1. All the holes reported in this press release are open at depth and in all directions, bound only by the basin limits. The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column. As in the previous drill holes the distribution of lithium concentrations over the hole are remarkably even, suggesting that our entire stratigraphic column below the near surface clays represents a single aquifer, composed primarily of sands and gravels. The clay content in all holes drilled to date has been low to negligible.

      Drill Hole From (m) To (m) Interval (m) Li (mg/l) K (mg/l) B (mg/l) Mg:Li SO4:Li
      D-RC-03 18 108 90 510 5608 654 3.58 18.97
      including 48 108 60 562 6322 640 3.35 17.74
      zone open at depth
      D-RC-04 36 108 72 530 6292 668 5.02 18.14
      zone open at depth
      D-RC-05 artesian brine @ 48m 530 5700 690 3.00 18.90
      zone open at depth
      D-RC-06 18 84 66 471 5054 732 2.84 18.92
      Including artesian brine @ 52.5m 430 4700 670 2.84 18.92
      zone open at depth
      D-RC-07 42 100.5 58.5 515 5340 619 3.32 14.92
      including artesian brine @ 100.5m 540 5500 660 3.33 16.85
      zone open at depth

      A sampling procedure was enforced by management to ensure sample integrity during the drill program. Where possible, brine and sediments samples were air lifted, and water restricted to the upper part of the hole before the water table was intercepted. Once brine bearing horizons were intercepted, drilling was halted and the drilling pipe lifted 2 feet or more to allow the total flushing of the internal pipe by means of air pressure for approximately ten minutes or until the brine appeared reasonably clean of sediment. After sufficient air lifting of the brine, a sample was collected in 500 ml sample bottles that had been washed three times with the brine. Liquid was also collected in five gallon buckets and the time of filling of the bucket recorded, in order to aid in quantifying the formational flow.

      The project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.

      About Rodinia Lithium Inc.:

      Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.

      Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.

      Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium

      Cautionary Notes

      Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

      To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/rmfig1104.pdf.


      NEITHER THE 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.

      For more information, please contact

      Investor Cubed Inc.
      Neil Simon
      +1 (647) 258-3310
      or
      Rodinia Lithium Inc.
      Aaron Wolfe
      Vice-President, Corporate Development
      +1 (416) 309-2696
      Click here to see all recent news from this company
      2 Antworten
      Avatar
      schrieb am 05.11.10 13:51:51
      Beitrag Nr. 40 ()
      Antwort auf Beitrag Nr.: 40.461.452 von grasgruener am 05.11.10 11:10:43LI's Grade sind höher ;) ..viel höher
      1 Antwort
      Avatar
      schrieb am 05.11.10 13:53:57
      Beitrag Nr. 41 ()
      Antwort auf Beitrag Nr.: 40.462.879 von German2 am 05.11.10 13:51:51:eek::laugh:Sorry, falschen Thread bedient..............
      Avatar
      schrieb am 10.11.10 09:26:08
      Beitrag Nr. 42 ()
      Lithium One: Press Conference Invitation

      Official Presentation of the Joint Venture of the Korean Consortium (KORES-LGI-GS Caltex) and Lithium One Inc; Meeting with Officials from the Argentina Government and Catamarca and Salta Provinces to Discuss Lithium Project Development

      SALTA, ARGENTINA, Nov 09, 2010 (MARKETWIRE via COMTEX News Network) --

      Lithium One Inc. (TSX VENTURE: LI) -

      Background: Argentina is the third largest global producer of lithium, a metal used in rechargeable batteries such as those in portable electronics, and electric and hybrid-electric vehicles. Lithium One Inc. is a Canadian based company that is developing, through its Argentine subsidiary Lithium 1 S.R.L., the "Sal de Vida" lithium brine project in the Puna area of Argentina. In June 2010 Lithium One announced a joint venture agreement with Korea's government owned mining company Korea Resources Corporation (KORES) to develop the Sal de Vida project. KORES has entered into a Memorandum of Understanding to share its portion of the joint venture through a consortium with major Korean energy provider GS Caltex Corporation, and the trading company and natural resources development arm of the LG group of companies, LG International Corp. A delegation led by Mr. Kim, Shin-Jong, President & CEO of KORES, and including senior representatives of the three Korean consortium companies, as well as representatives from other leading Korean corporations such as Posco, Hyundai Corporation, Aju Industry Co. Ltd., Kolon Industries Inc., Ecopro Co. Ltd., and KIET will be in attendance at a meeting and reception with Lithium One in Buenos Aires on Thursday, November 11th to discuss the development of the Sal de Vida project. The consortium companies and Lithium One have invited officials of the Argentina government and the governments of Catamarca and Salta provinces to attend this meeting. The senior leadership from KORES, GS Caltex, and LG International will also be making their first official visit to the Sal de Vida project on Friday, November 12th.

      Members of the press are invited to the news conference following the official meetings.


      Hosts:
      Mr. Shin-Jong Kim, President & CEO, Korea Resources Corporation
      Mr. Tai O Kim, Managing Director, GS Caltex Corporation
      Mr. Young Tae Park, Director, LG International Corp.
      Mr. Sang Chun Kim, Director, LG International Corp.
      Mr. Patrick Highsmith, President and CEO, Lithium One Inc.
      Invitees:
      Governor of the Province of Catamarca, Ing Eduardo Brizuela del Moral
      Minister of Government and Justice of the Province of Catamarca, Dr Luis
      Oscar Silva
      Mining Secretary of the Province of Catamarca, Dr Jorge Enrique Eremchuck
      Mining Sub-Secretary of the Province of Catamarca, Ing Angel O Betelu
      Electoral and Mines Judge of the Province of Catamarca, Dr. Raul Guillermo
      Cerda
      Governor of the Province of Salta, Dr Juan Manuel Urtubey
      Minister of Economic Development of the Province of Salta, Cr Julio Cesar
      Loutaif
      Mining Secretary of the Province of Salta, Lic Ricardo Salas
      Mines and Commerical Registration Judge of the Province of Salta, Dr Daniel
      Marchetti
      National Mining Secretary, Ing Jorge Mayoral
      When: November 11th, 2010
      11:00 a.m. (9 a.m. ET) or immediately following the close
      of the official meeting
      Where: Salon del Plata - 14th Floor
      Feir's Park Hotel
      Esmeralda 1366 Buenos Aires / Argentina
      Tel: (+54) _11-4131-1900 Fax: (+54) 11-4131-1950
      Contact Person: Celina Haddad, celina.haddad@lithium1.com or
      +54 387 4 3949 09

      About Lithium One:

      Lithium One Inc. (TSX VENTURE: LI) is a Canadian-based explorer and developer of mineral properties with a specific focus on lithium. The Company has two major lithium projects: the brownfields Sal de Vida lithium brine project in Argentina and the James Bay bulk tonnage spodumene project in Quebec. Korea Resources Corporation (KORES) is earning a 30% interest in the Sal de Vida project by funding up to US$15 million to complete a Definitive Feasibility Study and has also agreed to provide a completion guarantee for Lithium One's share of the debt portion of project development costs. The Company continues to advance both its projects toward resource definition, expecting NI 43-101 compliant resource estimates before the end of 2010. Lithium One believes that lithium demand will grow as its value as a preferred battery material is fully realized. The Company's strategy is to draw upon its quality team and employ best-practice to fully develop its portfolio of top-tier lithium assets.

      ON BEHALF OF THE BOARD OF DIRECTORS, Patrick Highsmith, M.Sc. President and Chief Executive Officer Lithium One Inc. 1238-200 Granville Street Vancouver, BC V6C 1S4 Canada Email: info@lithium1.com Website: www.lithium1.com

      Forward-Looking Statements

      This document may contain "forward-looking information" within the meaning of Canadian securities legislation (hereinafter referred to as "forward-looking statements"). All statements, other than statements of historical fact, included herein including, without limitation statements relating to the exploration and development of the Project, are forward-looking statements. These forward-looking statements are made as of the date of this document and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management's expectations or beliefs regarding future events. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions, title disputes as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements.

      Neither the 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.

      Contacts: Lithium One Inc. Celina Haddad +54 387 4 39 49 09 celina.haddad@lithium1.com www.lithium1.com

      SOURCE: Lithium One Inc.

      mailto:celina.haddad@lithium1.com http://www.lithium1.com
      Copyright 2010 Marketwire, Inc., All rights reserved.
      Avatar
      schrieb am 10.11.10 09:52:57
      Beitrag Nr. 43 ()
      denke das wird spannend!!!
      Avatar
      schrieb am 10.11.10 22:24:59
      Beitrag Nr. 44 ()
      10.11.10

      Lithium One Reports High Grade Lithium and Potassium in Brine Over More Than 150 km2 from First Core Holes at Sal de Vida Project, Argentina

      Highlights

      - 523 metres of core drilling in five holes widely spaced across more than 150 km2 of the salar.
      - Favourable and confirmatory initial brine assays - core drilling averaged: 680 mg/l Li and 0.62 wt % K (7,303 mg/l K), with continued favourably low: Mg:Li ratio = 2.2; SO4:Li ratio = 11.9.

      more: http://finance.yahoo.com/news/Lithium-One-Reports-High-ccn-2…
      Avatar
      schrieb am 11.11.10 15:35:43
      Beitrag Nr. 45 ()
      Gibts eigentlich schon eine genaue Zahl wie groß das Abbaugebiet sein wird bzw. wieviel Produziert werden soll?
      1 Antwort
      Avatar
      schrieb am 11.11.10 17:26:10
      Beitrag Nr. 46 ()
      Antwort auf Beitrag Nr.: 40.502.683 von Raminus am 11.11.10 15:35:43Ressourcenschätzung folgt in Kürze , PEA danach;)
      Avatar
      schrieb am 11.11.10 17:42:27
      Beitrag Nr. 47 ()
      da hat nu aber einer den fetten Block bei 1.20 weggekooft ;)
      Avatar
      schrieb am 11.11.10 17:47:20
      Beitrag Nr. 48 ()
      über 1,20 Kaufsignal + Ausbruch
      2 Antworten
      Avatar
      schrieb am 11.11.10 18:50:21
      Beitrag Nr. 49 ()
      Antwort auf Beitrag Nr.: 40.504.309 von grasgruener am 11.11.10 17:47:20fehlen irgendwie noch Anschlusskäufe..kann aber auch an der "Mittagspause"drüben liegen;) ..wär aber schön wenn sie langsam ausbricht..
      1 Antwort
      Avatar
      schrieb am 11.11.10 19:06:13
      Beitrag Nr. 50 ()
      mal ein TIP: EGZ.V ..die sitzen auf einem der grössten Vandaniumdeposits der Welt und dieses Metall wird ebenfalls in Lithium-Batterien verbaut werden... es droht hier ein noch grösserer Engpass als bei Lithium .. dazu werden die nächsten Jare gerade mal 3-4 Minen in Produktion gehen. Bei EGZ steht eine Ressourcenschätzung an die es in sich haben wird und eine grosse Firma ist damit beauftragt das Depositden Chinesen schmachhaft zu machen... sollte man mal ein Auge drauf werfen... viell ist diese Company eine Gelegenheit Gewinne aus gut gelaufenen Werten umzuschichten .. hab da mal meine erste Position genommen...

      ....

      Energizer Resources Inc. (formerly Uranium Star Corp.) (TSX.V: EGZ; OTCBB: ENZR; FRANKFURT: YE5) (“Energizer” or “the Company”) is pleased to announce that a National Instrument 43-101 ("NI 43-101") compliant resource estimate (the “Report”) for its 100%-owned Green Giant Vanadium Project in Madagascar has been completed. The Report estimates an indicated resource of 21.74 million tonnes at an average grade of 0.759% V2O5 containing 363.8 million pounds of V2O5, and an inferred resource of 4.15 million tonnes at an average grade of 0.655% V2O5 containing 59.8 million pounds of V2O5.


      ...

      Monday, 01 November 2010
      E-mail Print

      The Balloch Group is a leading independent financial advisory and merchant banking firm based in China serving domestic and international clients. The Balloch Group has offices in Beijing, Shanghai, Wuhan, Hangzhou, Hong Kong, New York, Vancouver and San Diego. Having advised on more than $6 billion in cross-border transactions over the last few years, The Balloch Group was ranked as the number one boutique investment in China in 2008 and 2009 by ChinaVenture.

      The Balloch Group was the exclusive financial advisor to one of China’s major steel producers in connection with its $240 million strategic investment in Consolidated Thompson Iron Mines Limited (TSX: CLM).

      The Balloch Group was founded in 2001 by Howard Balloch, Canada’s ambassador to China from 1996 to 2001.

      Julie Lee Harrs, President and COO of the Company, said, “With his decades of experience in China, his deep knowledge of China, and his business contacts and relationships, Howard Balloch and his team at The Balloch Group will provide valuable insight into China and will be able to introduce Energizer Resources to strategic partners, be it in the steel or battery industries, who are interested in securing vanadium off-take from our Green Giant project. We look forward to working with The Balloch Group as we advance our project."


      .... http://www.energizerresources.com


      ..viel Glück...
      Avatar
      schrieb am 15.11.10 15:26:56
      Beitrag Nr. 51 ()
      Lithium One Inc
      Symbol C : LI
      Shares Issued 48,468,625
      Close 2010-11-11 C$ 1.19
      Recent Sedar Documents
      Lithium One Sal de Vida optionee forms Korean consortium
      2010-11-12 12:29 ET - News Release


      Mr. Patrick Highsmith reports

      LITHIUM ONE AND KORES ANNOUNCE ADDITION OF LG INTERNATIONAL AND GS CALTEX TO DEVELOPMENT JV AT SAL DE VIDA LITHIUM BRINE PROJECT, ARGENTINA

      Lithium One Inc.'s partner, Korea Resource Corp. (KORES), has finalized a Korean consortium with LG International Corp. and GS Caltex Corp. The Korean consortium provides for each of the three participant companies to share equally through a Korean special purposes company (SPC) in the option to earn a 30-per-cent interest in the joint-venture company to develop Lithium One's Sal de Vida lithium brine project in Argentina, as announced in Stockwatch on June 4, 2010.

      LG International specializes in natural resources exploration and development projects, and is the trading company for the LG Group. LG International operates its business through three divisions, including energy and raw materials, industrial materials, and import and distribution.

      GS Caltex is one of the largest energy companies in Korea and is jointly owned by the Korean conglomerate, GS Holdings Corp, and Chevron. Over the past 40 years, GS Caltex has expanded its petroleum and petrochemical businesses to include city gas, electric power, exploration and production, convenience retail, e-business, and new and renewable energy, to become a globally competitive total energy service provider.

      A delegation led by Shin-Jong Kim, president and chief executive officer of KORES, and including Young Tae Park, director of LG International, and Tai O Kim, managing director of GS Caltex, met with Lithium One management in Buenos Aires, Argentina, on Nov. 11. Lithium One and KORES made a formal introduction of the Sal de Vida joint venture to senior representatives from the federal government of Argentina and the government of the province of Catamarca. The diverse Korean delegation also included representatives from other leading Korean corporations such as Posco, Hyundai Corp., Aju Industry Co. Ltd., Kolon Industries Inc., Ecopro Co. Ltd. and KIET. The senior leadership from the Korean consortium companies will be making their first official visit to the Sal de Vida project on Nov. 12.

      Lithium One president and chief executive officer, Patrick Highsmith, commented on the meeting and the formal addition of the new partners to the joint venture: "It is an honour to formalize our partnership among KORES, LG International and GS Caltex. As Argentina Mining Secretary, Jorge Mayoral, remarked in his address, the partnership around our Sal de Vida lithium and potash project highlights the synergies between technology economies, such as Korea, and growing resource economies, such as Argentina. In our landmark meeting, we discussed the Sal de Vida Project from its current project status right through to the joint venture's objective of being a supplier of high-quality lithium to Korean and Asian lithium battery makers."

      KORES chief executive officer, Mr. Kim, remarked today: "The Sal de Vida lithium project has brought together three of Korea's leading companies, KORES, LG International and GS Caltex, to join Lithium One, here in Argentina. We are very pleased with our progress at Sal de Vida so far and we look forward to visiting the project today."

      Another member of the Korean delegation, Mr. Park, of LG International, spoke about his company joining its first lithium project: "The Sal de Vida project has gotten off to a good start. We have a strong team to work with and a good mining jurisdiction. At the meeting on Thursday we heard important support for our project from the province of Catamarca and the senior mining official in the national government of Argentina. LG International is pleased to be part of the consortium that is advancing Argentina's next lithium project to feasibility."
      Avatar
      schrieb am 15.11.10 15:38:00
      Beitrag Nr. 52 ()
      Antwort auf Beitrag Nr.: 40.504.973 von German2 am 11.11.10 18:50:21heute wird der Ausbruch kommen - News iss sehr gut!!! :)
      Avatar
      schrieb am 16.11.10 09:57:04
      Beitrag Nr. 53 ()
      doch geirrt...........sorry
      - aber aufgehoben iss ja nich aufgeschoben

      LG International betreibt aktive Rohstoffsicherung mit der Beteiligung an LithiumOn; Aufträge, z.B: aus der Autoindustrie haben sie auch
      eine direkte Beteiligung an einem Rohstofflieferanten bdeutet nicht nur gesicherten Nachschaub, sondern auch gute Preise :cool:

      Powering the electric car revolution
      LG Chem plans to increase capacity to about 60 million cells annually by 2013November 15, 2010

      LG Chem employees inspect products on its lithium-ion battery production line at the company39s plant in Ochang, North Chungcheong. Provided by the company

      OCHANG, North Chungcheong - Themassive LG Chem electric vehicle battery plant and R&D facility inDaejeon makes clear that the company intends to maintain its position asthe leader in electric vehicle batteries.

      LG Chem has theworld’s largest facility that produces lithium-ion polymer batteries forelectric vehicles and has signed supply contracts with major automotivecompanies, including General Motors and Ford.

      With the 57,000square meter (613,543 square feet) EV battery production facility inOchang, LG’s annual capacity of 8.5 million cells is the world’s firstand largest production line.

      LG said that this is only thebeginning as they are in the process of building a 67,000 square-meter(721,182 square feet) plant next to the first one.

      LG said itwill invest 1 trillion won ($886.5 million) in the Ochang facility by2013, and $300 million in its Holland plant in Michigan, as it plans toincrease overall capacity ten-fold to about 80 million cells annually.That includes 60 million in Korea and 20 million in Michigan.

      The Ochang production facility is one of the most technologically advanced and automated in the world.

      “Thereason we were able to sign deals with companies like GM, Ford, Volvo,and Renault, is we copy nobody’s technology, but lead the market withour own,” said Kim Myung-hwan, senior vice president of LG Chem’sBattery Research & Development.

      “Other companies andventures may come up with wonderful products in their labs, but when itcomes to mass production, it will be a whole different story as thingswill require a much higher output and [level of] safety,” he added.

      Kimsaid that with over 10 years of experience in EV batteries, LG holdsthe world’s leading technologies, the best materials, the safestproducts and sees no competitors on the horizon. LG currently holdseight deals with leading automakers around the world.

      The company’s EV battery business is currently aiming for 1 trillion won in sales by 2013 and 3 trillion won by 2015.

      The company’s position in the industry is the result of its R&D department’s work over the last decade.

      WhenJapanese companies were showing strength in nickel hydride batteries,LG focused on lithium-ion batteries and made further developmentsconcentrating on EV batteries. Such developments have allowed thecompany to improve its production efficiency by 30 percent compared tocompetitors.

      Also, being a chemical company with employees fromvarious backgrounds and fields of study, LG said it is able to makebetter products with its own technology.

      A good example of itstechnological prowess is its safety-reinforced separator technology, orSRS, which separates the cathode and the anode of the battery to alloweffective flow of power. In an experiment which took place at LG Chem’sResearch Park, when exposed to a temperature of 180 degrees Celsius (356degrees Fahrenheit) for over 1 minute, regular batteries deformed andturned black, but LG’s batteries with the SRS technology maintainedtheir original form.

      “Our EV battery, which is protected by ourSRS technology that we hold the patent to, is not a can type, but apouch type, giving no dangers to explosions, and also holds a longerbattery life,” said Kim. “Our competitors in and out of the country areusing our SRS technology, thinking that we would not know about this,but such infringements will become an issue.”

      LG’s SRS technologyprotects the battery in a layer of nano-scale ceramic particles andpolyolefin film, since the battery can explode or show poor performanceif the separator becomes torn. LG said at an international forum abouttwo years ago that when it first came up with the idea, everyone waswondering why the company would want to spend more money on such athing. However, LG stated that safety was one of its most importantissues, along with quality and performance.

      The company alsoholds a unique technology called stack and folding, which stacks thecathode, separator and anode and folds into a tight shape, preventingany kind of performance loss or deformations that competitors withwinding methods showed.

      “As a chemical company, we have thestrength of producing our own material and lower costs in production,meaning that we have safety, performance, better price and competitivepower, having everything that an EV battery should have,” said Kim.

      Thecompany said that it is currently in the process of developingtechnology that will allow a vehicle’s range to triple and battery priceto fall to one third of what it is now.

      Confident in all aspects, LG is focusing on the competition for a better battery.

      Localcompetitor SB LiMotive, which is a joint venture between Samsung SDIand Bosch, started things off by signing deals with BMW and Delphi, andrecently announced a deal with Chrysler to power the Fiat. But SKEnergy, who also claim to be in competition with LG and said they wouldannounce surprising deals soon, has not been able to follow through withits promise. Its most recent deal to power Hyundai Motor’s BlueOn doesnot involve mass production, which the Volt and Focus offer in themarket.


      By Jung Seung-hyun [seungjung@joongang.co.kr]
      Avatar
      schrieb am 16.11.10 09:58:10
      Beitrag Nr. 54 ()
      ud noch was...............

      LG Chem may supply more batteries for GM's Volt
      By Kyong-Ae Choi

      OCHANG, South Korea (MarketWatch) -- South Korea's LG Chem Ltd. mayprovide more car batteries to General Motors Co. in addition to anexisting supply contract as demand for electric vehicles seems to berising, the company's senior battery executive said Friday in a pressbriefing.

      "Given General Electric's announcement to initially buy 12,000 ChevroletVolts, made by GM, starting in 2011, out of its planned purchase of atotal 25,000 electric vehicles by 2015, we hope to supply additional carbatteries for Volt," Ham Jae-gyung, senior vice president of LG Chem'sAdvanced Battery Division, told reporters in a briefing.

      LG Chem currently has eight customers to which it is supplying or willsupply lithium ion polymer car batteries. They include GM, Ford MotorCo./quotes/comstock/13*!f/quotes/nls/f(
      ), Volvo AB (VOLVY, VOLV-B.SK), Renault S.A. (RNO.FR), Hyundai Motor (HYMLY, 005380.SE), and China's CHANA.

      LG Chem, the country's No. 1 chemical company by sales, will provide carbatteries for GM's Chevrolet Volt plug-in hybrid in a six-year contractfrom this year and for Ford's Focus compact car from 2011.

      As the company recognizes the "promising" battery business as a new cashcow, it is planning to increase investments in battery research anddevelopment, which accounts for about 40% of total R&D budget forthe year.

      "We will raise the investment ratio for battery to about 50% by 2015 butinvestments in other businesses won't shrink in size to keep balancebetween them," LG Chem's Executive Vice President Yoo Jin-nyoung toldDow Jones after the briefing.

      LG Chem, which has earmarked about 2% of its total revenue in R&Deach year, plans to raise the ratio gradually to stay ahead of others inthe car battery business, Yoo said.

      Today, the overall battery business, which also include small-sizebatteries used in handsets and personal computers, accounts for about10% of LG Chem's $15 billion in annual sales. The rest comes mostly fromits petrochemicals business.

      In September, LG Chem Vice Chairman Peter Bahnsuk Kim said the company'stotal sales will reach KRW32 trillion ($28 billion) in threespecialized businesses in 2015 - petrochemicals, with a ratio of 50%from the current 70%, and information-electronics materials andrechargeable batteries, each with a ratio of 25%.

      In the battery business, he expected KRW5 trillion from small batteries and KRW3 trillion from automotive batteries.

      To meet a rising overseas demand, the company has said it plans to addanother car-battery plant in the U.S. on top of the Michigan plant underconstruction, and build new plants in China and Europe over the next 10years.

      LG Chem began producing batteries for the Volt in its Ochang, SouthKorea plant starting from September and it is churning out smallbatteries in its Nanjing, China plant.
      Avatar
      schrieb am 18.11.10 14:03:45
      Beitrag Nr. 55 ()
      :D

      Lithium One Reports Indicated and Inferred NI 43-101 Resource for James Bay Lithium Project, Quebec

      VANCOUVER, CANADA--(Marketwire - Nov. 18, 2010) -

      Highlights

      11.75 Million Tonnes Grading 1.30% Li2O in the Indicated Category

      10.47 Million Tonnes Grading 1.20% Li2O in the Inferred Category

      Open-pit amenable

      Potential to increase resources along strike and depth

      :cool::)
      Lithium One Inc. (the "Company") (TSX VENTURE:LI), is pleased to report that SRK Consulting (Canada) Inc. ("SRK") has issued a NI 43-101 compliant mineral resource statement for the Company's 100% controlled James Bay Lithium Project in Quebec that includes indicated resources of 11.75 million tonnes grading 1.30% Li2O and inferred resources of 10.47 million tonnes grading 1.20% Li2O.

      The James Bay Lithium Project hosts a swarm of outcropping spodumene-bearing pegmatite dykes ranging in width from two to more than 50 metres over a corridor stretching almost five kilometres. This resource includes data from only the two kilometre span of dykes drill tested by Lithium One in 2008 and 2009.

      The block model indicates that the resource is amenable to open pit extraction. Furthermore, there are opportunities to increase the grade and tonnage of the resources with additional drilling. The model and pit optimization indicate that the grade of the resources can be increased through the better definition gained by drilling the dykes at closer spacing. In addition, the entire resource occurs in pit shells that bottom at 220 metres, which is near the limit of the existing drilling. SRK therefore also reports that there is considerable potential to increase the tonnage with additional delineation of the dykes at depth.

      Lithium One President and CEO Patrick Highsmith commented, "The James Bay Project hosts a considerable sized deposit with excellent infrastructure in one of the best mining jurisdictions in the world. This first resource statement, while conservative, supports our view that the James Bay Project has the potential to be a significant producer of high quality lithium products. We know from our metallurgical studies earlier this year that the James Bay deposit yields high quality spodumene concentrates that can be processed into lithium carbonate. These milestones add substantial value to the Company and we look forward to leveraging that value for our shareholders."

      Table 1. James Bay Lithium Project Mineral Resource Statement

      Resource Category Quantity Grade

      Indicated 11,750,000 (tonnes) 1.30 Li2O (%)

      Inferred 10,470,000(tonnes) 1.20 Li2O (%)


      All figures rounded to reflect the relative accuracy of the estimates. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

      The resources are reported at a cut-off grade of 0.75 percent Li2O inside conceptual pit shells optimized using a lithium carbonate price of US$6,000 per tonne, metallurgical and process recovery of 70%, overall mining and processing costs of US$64 per tonne milled, and overall pit slopes of forty-five degrees. The optimization parameters were selected based on experience and benchmarking against similar spodumene projects.

      Methodology

      The construction of the mineral resource model for the James Bay Lithium Project was an interactive process involving Lithium One and personnel from SRK. The resource modeling used data from surface NQ core drilling samples collected by Lithium One in 2008 (eighteen holes) and 2009 (eighty-four holes) totalling 3,724 assay intervals from 13,475 metres of drilling. The sample database also includes forty-six diamond saw channel cuts collected by Lithium One in 2009 and 2010, totalling 540 assay samples. Samples were prepared by TJCM (Table Jamésienne de Concertation Minière) in Chibougamau and assayed by COREM in Québec City for Li2O.

      SRK constructed three-dimensional wireframes of the pegmatite dikes on 50 metre sections provided by Lithium One as a guide. A total of thirty-one pegmatite wireframes were constructed and used as resource domains for constraining grade estimation; where applicable, each of these pegmatite domains was capped individually to remove high-grade outliers.

      A block model with 10m blocks was generated using Datamine software; and Li2O grades were estimated using ordinary kriging. Block model quantities and grade estimates for the James Bay Lithium Project were classified according to the CIM Definition Standards for Mineral Resources and Mineral Reserves (December 2005). The specific gravity used was 2.70 gms/cm3 based on metallurgical testing completed by Hazen Research Laboratory in Denver.

      The mineral resources are reported in accordance with National Instrument 43-101 and have been estimated in conformity with generally accepted CIM "Estimation of Mineral Resource and Mineral Reserves Best Practices" guidelines. Resource evaluation work was completed by Mr. Sébastien Bernier, P.Geo (OGQ#1034, APGO#1847) an independent Qualified Person as defined by NI 43-101. Mr. Bernier has read and approved the content of this news release. A Technical Report compliant with NI 43-101 standards describing the resource estimation will be filed on SEDAR within 45 days of this release.

      The contents of this press release have been reviewed and approved by Mr. A. James McCann. Mr. McCann is a licensed Professional Geologist in Quebec P.Geo (OGQ#332) and a qualified person as defined by NI 43-101.

      About Lithium

      Lithium is a light, highly reactive metal with use in a variety of industrial applications including ceramics, lubricants and pharmaceuticals. The fastest growing market for lithium is as lithium carbonate for use in batteries, including those in cell phones, computers and new generations of electric and hybrid vehicles. Lithium from spodumene is in silicate form and following mining and production of a concentrate, requires processing to be converted to lithium carbonate. Technology for the conversion of spodumene concentrate to lithium carbonate has been in use for over 20 years.

      About Lithium One:

      Lithium One Inc. is a Canadian-based explorer and developer of mineral properties with a specific focus on lithium. The Company has two major lithium projects: the brownfields Sal de Vida lithium brine project in Argentina and the James Bay bulk tonnage spodumene project in Quebec. The consortium of KORES, LG International and GS Caltex is earning a 30% interest in the Sal de Vida project by funding up to US$15 million to complete a Definitive Feasibility Study and has also agreed to provide a completion guarantee for Lithium One's share of the debt portion of project development costs. Lithium One believes that lithium demand will grow as its value as a preferred battery material is fully realized. The Company's strategy is to draw upon its quality team and employ best-practice to fully develop its portfolio of top-tier lithium assets.

      ON BEHALF OF THE BOARD OF DIRECTORS,

      Patrick Highsmith, M.Sc., President and Chief Executive Officer
      4 Antworten
      Avatar
      schrieb am 18.11.10 14:19:31
      Beitrag Nr. 56 ()
      Antwort auf Beitrag Nr.: 40.545.999 von grasgruener am 18.11.10 14:03:45yeppa, sehr gute news .. und noch viel weiteres Potential bei Graden und Grösse .. bei 70% Recoveries und Preis von 6000$ /Tonne Lithium kommt man auf 1.15 Mrd$ im Boden ;) ..nicht schlecht für die erste Schätzung
      3 Antworten
      Avatar
      schrieb am 18.11.10 15:02:28
      Beitrag Nr. 57 ()
      Antwort auf Beitrag Nr.: 40.546.139 von German2 am 18.11.10 14:19:31das kann man sagen!

      und von der Bewertung her ggü Mitbewerbern noch ooordentlich Platz! :)
      2 Antworten
      Avatar
      schrieb am 18.11.10 15:19:43
      Beitrag Nr. 58 ()
      Antwort auf Beitrag Nr.: 40.546.511 von grasgruener am 18.11.10 15:02:28dabei ist das andere Projekt das noch wesetlich interessantere ;)
      1 Antwort
      Avatar
      schrieb am 18.11.10 15:53:47
      Beitrag Nr. 59 ()
      Antwort auf Beitrag Nr.: 40.546.672 von German2 am 18.11.10 15:19:43das stimmt!

      aber es ist immer gut mehrere gute "Eisen"(Projekte) im Feuer zu haben.........:)
      Avatar
      schrieb am 18.11.10 16:40:51
      Beitrag Nr. 60 ()
      versteht ihr die Zurückhaltung?
      1 Antwort
      Avatar
      schrieb am 22.11.10 12:16:37
      Beitrag Nr. 61 ()
      Antwort auf Beitrag Nr.: 40.547.510 von grasgruener am 18.11.10 16:40:51meiner Meinung werden hier noch Aktie verschoben ..um die 1.20$ ist der Deckel drauf ..sollte nur eine Frage der Zeit sein bis die Aktie losgelassen wird..
      Avatar
      schrieb am 22.11.10 12:49:40
      Beitrag Nr. 62 ()
      nun dann - die Geduld haben wir...........
      3 Antworten
      Avatar
      schrieb am 22.11.10 17:49:35
      Beitrag Nr. 63 ()
      Antwort auf Beitrag Nr.: 40.565.505 von grasgruener am 22.11.10 12:49:40bewegt sich ;)
      2 Antworten
      Avatar
      schrieb am 22.11.10 17:56:08
      Beitrag Nr. 64 ()
      Antwort auf Beitrag Nr.: 40.568.121 von German2 am 22.11.10 17:49:35:eek: und recht ordentlich! sehr schön - vielleicht nun heute der Ausbruch über 1,20 Cad...........:)
      1 Antwort
      Avatar
      schrieb am 22.11.10 18:03:01
      Beitrag Nr. 65 ()
      Avatar
      schrieb am 22.11.10 20:19:19
      Beitrag Nr. 66 ()
      Antwort auf Beitrag Nr.: 40.568.187 von grasgruener am 22.11.10 17:56:08soviele Aktien sind eigentlich nicht draussen das sich ein dauerhafter Abverkauf um die 1-1.20 erklären liesse ..so langsam sollten die die da raus wollten verkauft haben und der Wert so langsam richtung 100 mio CAD Marketcap marschieren ... durch die starken Partner wäre diese Marktkapitalisierung sicherlich gerechtfertigt ... in einem jahr haben wir schon die Feasibility für das Brine-Projekt auf dem Tisch ... LI wird sicherlich um einiges schneller vorankommen als so manch anderer Lithiumexplorer
      Avatar
      schrieb am 22.11.10 20:23:51
      Beitrag Nr. 67 ()
      1 Antwort
      Avatar
      schrieb am 22.11.10 20:44:05
      Beitrag Nr. 68 ()
      1 Antwort
      Avatar
      schrieb am 22.11.10 22:07:25
      Beitrag Nr. 69 ()
      Antwort auf Beitrag Nr.: 40.569.465 von tomand80 am 22.11.10 20:44:05furchtbare Seite ;)






      ...schöner Schluss heut :cool:
      Avatar
      schrieb am 23.11.10 07:41:31
      Beitrag Nr. 70 ()
      Antwort auf Beitrag Nr.: 40.569.320 von German2 am 22.11.10 20:23:51das sehe ich auch so - die Koreaner sind sehr stark an einer schnellen, zügigen aber trotzdem sicheren Erschließung der Ressource interssiert
      Sie haben selbst ambitionierte Pläne um im Zukunftsgeschäft Lithiumspeicher kräftig mitzumischen

      LI ist definitiv schon einiges schneller vorangekommen als das Gros der Lithiumexplorer

      das nächste Ziel wird die 1,45/1,50 CAD; dann die 1,70 CAD und darüber ist alles offen:cool:

      war ein starker Tag gestern, Volumen stimmte und SK auf Tageshoch auch sehr gut! :D
      Avatar
      schrieb am 23.11.10 13:03:01
      Beitrag Nr. 71 ()
      heute auch hier Interesse..........
      Avatar
      schrieb am 24.11.10 12:28:18
      Beitrag Nr. 72 ()
      gestern mit dem allgemeinen Markt ein leichter Verschnaufer
      aber mit wenig Volumen und nur leicht im Minus!

      wird die nächsten Tage weitermarschieren!
      Avatar
      schrieb am 24.11.10 13:04:24
      Beitrag Nr. 73 ()
      http://www.lithium1.com/pdfs/Lithium_One_Presentation111810_…

      aktuell 4,70 Mio CAD Cash

      20% halten Instituionelle
      25% halten "Insider"

      48,4 Mio Aktien Outstanding im Moment - bedeutet das gerademal 26,6 Mio Aktien FreeFloat unterwegs sind........abzüglich unsere Posi´s :cool:
      63 Mio F/D
      Avatar
      schrieb am 25.11.10 16:43:09
      Beitrag Nr. 74 ()
      sieht doch schön aus.. und dazu rockt die olle candente wieder :cool: ...
      1 Antwort
      Avatar
      schrieb am 25.11.10 17:55:48
      Beitrag Nr. 75 ()
      Antwort auf Beitrag Nr.: 40.591.628 von German2 am 25.11.10 16:43:09:D das wir das noch erleben können!
      Avatar
      schrieb am 26.11.10 12:45:56
      Beitrag Nr. 76 ()
      :eek: heute erwacht Sie sogar hier..........:cool:
      Avatar
      schrieb am 26.11.10 19:28:13
      Beitrag Nr. 77 ()
      :cool:
      Avatar
      schrieb am 29.11.10 14:21:30
      Beitrag Nr. 78 ()
      Lithium ist und bleibt heiß - und gute Werte wie LithiumOne werden massiv profitieren

      heute kam ne Meldung bei Rodinia -

      Rodinia Lithium Inc. Closes Strategic Private Placement With China's Largest Li-ion Battery Materials Provider
      - Strategic Investor, Shanshan, Is One of the Leading Lithium-ion Battery Materials Providers in China and Is a Significant End User of Battery Grade Lithium Carbonate


      sind beide in der selben Region unterwegs

      LithiumOne hat die Koreaner an Board
      bei
      Rodinia positionieren sich nun die Chinesen.........
      Avatar
      schrieb am 01.12.10 11:35:18
      Beitrag Nr. 79 ()
      scheint nun eine kurze seitwätrs zu geben, damit sie sich nicht überhitzt........auch gut!
      Avatar
      schrieb am 06.12.10 13:09:25
      Beitrag Nr. 80 ()
      wow, hier wird ja heute gekauft was geht.....
      2 Antworten
      Avatar
      schrieb am 06.12.10 13:37:28
      Beitrag Nr. 81 ()
      Antwort auf Beitrag Nr.: 40.652.718 von grasgruener am 06.12.10 13:09:25RSR hat sie ja Freitag abends noch ins Musterdepot gekauft.
      Die werden schon wissen warum.
      Schau Die mal Canada Lithium an, wie die gelaufen sind.
      1 Antwort
      Avatar
      schrieb am 06.12.10 13:49:17
      Beitrag Nr. 82 ()
      Antwort auf Beitrag Nr.: 40.652.980 von rotwein am 06.12.10 13:37:28Danke!

      heute das:

      Rodinia Lithium Inc. Intersects 204 Metres Grading 536 mg/L Lithium at Salar de Diablillos
      - Drilling Intersects 204 Metres Grading 536 mg/L Li, 5638 mg/L K, 741 mg/L B With Average 3.48 Mg:Li

      - Exploration Program Continues to Expand Mineralized Zone Approximately 5 Km South of Hole D-RC-01 and 3 Km West of Hole D-RC-07

      - Drilling at Depth Discovering Higher Grade Brines Than Expected by Management

      - Second Drill on Site to Accelerate Resource Estimate


      TORONTO, ONTARIO--(Marketwire - Dec. 6, 2010) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF), is pleased to report that it continues to intersect high-grade lithium and potash in its reverse circulation drilling exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina ("Diablillos" or the "Salar"). The Company has commissioned a second drill which is already operational on the property as a result of the successful exploration program and to ensure timely delivery of an initial resource estimate.

      William Randall, President and CEO of Rodinia, commented "we continue to intersect high quality lithium brines in the southern portion of the Salar. Hole D-RC-11 is remarkable in that we have intersected 204 metres of high grade mineralized brines in a single aquifer composed almost exclusively of sand and gravel. These conditions are extremely favourable, especially in an area we did not have high expectations for. The drills have now moved to the northern portion of the Salar where the higher grade brines are expected, based on the auger drill results."

      Results from the latest four drill holes are summarized in Table 1. All the holes reported in this press release were drilled in the southern lower grade portion of the Salar as determined by the surface auger drilling. The reverse circulation drill holes were drilled vertically to ensure proper representation of the stratigraphic column. As in the previous drill holes, the distribution of lithium concentrations over the hole are remarkably even, suggesting that the entire stratigraphic column below the near surface clays represents a single aquifer, composed primarily of sands and gravels. The clay content in all holes drilled to date has been low to negligible. Holes D-RC-10 and D-RC-11 both may have encountered basement rocks towards the bottom of the hole where schistose material was detected in the cuttings. The depths at which the basement is thought to have been encountered are substantially greater than those predicted by the gravity survey, increasing the potential value of the basin.

      Drill Hole From (m) To (m) Interval (m) Li (mg/l) K (mg/l) B (mg/l) Mg:Li SO4:Li
      D-RC-08 Artesian brine @ 70.5 260 2200 550 3.50 14.23
      zone open at depth
      D-RC-09 24 60 36 521 6063 556 3.64 14.96
      zone open at depth
      D-RC-10 brine @ 36m 560 7100 480 4.29 8.39
      D-RC-11 60 264 204 536 5638 741 3.48 12.09

      A sampling procedure was enforced by management to ensure sample integrity during the drill program. Where possible, brine and sediments samples were air lifted, and water restricted to the upper part of the hole before the water table was intercepted. Once brine bearing horizons were intercepted, drilling was halted and the drilling pipe lifted 2 feet or more to allow the total flushing of the internal pipe by means of air pressure for approximately ten minutes or until the brine appeared reasonably clean of sediment. After sufficient air lifting of the brine, a sample was collected in 500 ml sample bottles that had been washed three times with the brine. Liquid was also collected in five gallon buckets and the time of filling of the bucket recorded, in order to aid in quantifying the formational flow.

      The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.

      About Rodinia Lithium Inc.:

      Rodinia Lithium Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.

      Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium-brine producer in North America, and its Salar de Diablillos project in Salta, Argentina.

      Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com. Follow us on Twitter: http://twitter.com/RodiniaLithium.
      Avatar
      schrieb am 07.12.10 17:41:01
      Beitrag Nr. 83 ()
      Upps - ich sehe das ich die News in den falschen Thread gesteckt habe......sorry
      2 Antworten
      Avatar
      schrieb am 08.12.10 12:48:15
      Beitrag Nr. 84 ()
      Antwort auf Beitrag Nr.: 40.665.196 von grasgruener am 07.12.10 17:41:01nich schlimm;) ..die meisten hier haben eh beide Werte ;)
      1 Antwort
      Avatar
      schrieb am 08.12.10 13:08:19
      Beitrag Nr. 85 ()
      Antwort auf Beitrag Nr.: 40.671.575 von German2 am 08.12.10 12:48:15die meisten hier?

      im Moment sind wir die einzigen die aktiv schrieben..........:)
      Avatar
      schrieb am 09.12.10 14:38:35
      Beitrag Nr. 86 ()
      :D das iss fett!

      Lithium One Signs MOU with Emerging Lithium Producer Galaxy Resources to Form Joint Venture at James Bay Lithium Project

      Highlights

      - Galaxy is a producer of lithium in concentrate, with planned lithium carbonate production in 2011

      - The James Bay deposit is similar to Galaxy's already operating Mt. Cattlin pegmatite deposit in Western Australia - supports fast timeframe to feasibility

      - Galaxy to acquire 20% of James Bay for C$3M. Can earn up to 70% with completion of a DFS within 24 months

      - Upon closing this agreement, Lithium One will have two lithium projects funded by third parties through definitive feasibility stage


      VANCOUVER, CANADA--(Marketwire - Dec. 9, 2010) - Lithium One Inc. (the "Company") (TSX VENTURE:LI), is pleased to report that it has signed a Memorandum of Understanding ("MOU") with Galaxy Resources Limited (ASX:GXY) of Australia ("Galaxy"), under which Galaxy can acquire up to 70% of the James Bay lithium pegmatite project in Quebec through an earn-in and joint venture agreement ("the Definitive Agreement"). Subject to the necessary approvals, the Company expects to close this transaction with a Definitive Agreement before Dec 24, 2010.

      Under the terms agreed in the MOU, Galaxy will initially acquire 20% of the James Bay Project for a cash payment of C$3 million. Galaxy may earn up to 70% through the completion of a Definitive Feasibility Study ("DFS") within a 24 month period, including a committed investment of at least C$3 million in the next 12 months.

      Lithium One President and CEO Patrick Highsmith remarked on the benefits of the agreement: "Lithium One is pleased to be working with one of the world's most aggressive developers of hard rock lithium assets. Having recently commissioned their Mt. Cattlin Mine in Western Australia, Galaxy has demonstrated its ability to develop a hard rock lithium deposit and successfully market the production. This agreement with Galaxy brings hard rock experience together with strong connections in the lithium marketplace to fast track the development of the James Bay project, while Lithium One continues to develop the core Sal de Vida lithium brine project in Argentina. Entering into this arrangement with Galaxy also means that both the Sal de Vida and the James Bay projects are now funded through to completion of feasibility by our joint venture partners."

      As part of the feasibility study to be undertaken, Galaxy will evaluate the most suitable location for a battery grade lithium carbonate plant either in Quebec or in Jiangsu, China, where its first lithium carbonate plant is currently under construction. The James Bay project has similar geology and physical characteristics to Mt. Cattlin, so the proposed operational scale and process designs are expected to be similar, which should assist with fast tracking the feasibility study.

      Galaxy Resources Managing Director, Iggy Tan, commented on the similarities and synergies of the James Bay and Mt. Cattlin projects: "Galaxy expects to be able to fast track the development of this project by using the same capacity and design of the plants constructed at Mt Cattlin and Jiangsu. Preliminary test work shows that the James Bay spodumene is comparable in its coarse particle size to the Mt Cattlin ore. This lends itself to similar processing and upgrading methods to those adopted at Mt Cattlin, where simple crushing and heavy media separation are used to produce a 6% lithium oxide spodumene product."

      The James Bay Project is a significant lithium resource in northwestern Quebec. Lithium One announced a NI 43-101 compliant mineral resource last month (see Company news release dated November 18, 2010). Applying a 0.75% lithium oxide cutoff grade, the mineral resource includes 11.75 million tonnes at 1.30% lithium oxide in the indicated category, and 10.47 million tonnes at 1.20% lithium oxide in the inferred category. The resource was described by SRK as likely amenable to open pit extraction and as having potential for an increase in both tonnes and grade with further drilling.

      Subject to approvals and execution of the Definitive Agreement, the key parameters of the proposed transaction are:

      Initial acquisition of 20% of the James Bay lithium pegmatite project for a C$3 million cash payment;

      Upon Galaxy fulfilling its obligation to spend a minimum of C$3 million within a 12 month period towards the DFS, Galaxy will earn a further 31%, increasing its ownership to 51% of the James Bay project;

      Once Galaxy completes a DFS, within a maximum 24 month period from execution of the Definitive Agreement, Galaxy will earn a further 19%, increasing its ownership to 70% of the James Bay project;

      The DFS will include metallurgical test work, engineering design, capital and operating cost estimation for a mine and concentrating plant at the James Bay project location;

      In addition, the DFS will include lithium carbonate conversion test work, design and costing of a 17,000 tpa battery grade lithium carbonate plant in either Quebec, Canada, or near the Jiangsu lithium carbonate plant in China, which is currently under development.

      On completion of the DFS, both parties will be responsible for their respective equity interests of the project capital costs;

      If Galaxy earns at least a 51% interest, Galaxy will have 100% exclusive marketing rights for all products from any future operation at James Bay except for any sales concluded with parties with whom Lithium One has already commenced discussions.

      The transactions contemplated by the MOU are subject to customary conditions including, without limitation, the execution of the Definitive Agreement and the approval of the TSX Venture Exchange. The date for the completion of the Definitive Agreement for the transaction is expected to be December 24, 2010; however, there is no certainty that the parties will be able to successfully negotiate the Definitive Agreement or complete the transaction.

      For additional details on the James Bay Lithium project, please visit the Company's website: www.lithium1.com.

      The technical contents of this press release have been reviewed and approved by Mr. A. James McCann. Mr. McCann is a licensed Professional Geologist in Quebec P.Geo (OGQ#332) and a qualified person as defined by NI 43-101.

      About Galaxy:

      Galaxy Resources is a Western Australian S&P / ASX 300 Index company which plans to become one of the world's leading producers of lithium compounds. Galaxy wholly-owns and operates the Mt. Cattlin mine in Western Australia, which was recently commissioned and is currently producing spodumene concentrate. Galaxy's Jiangsu lithium carbonate plant, once completed, will have a design capacity of 17,000 tpa of lithium carbonate, which Galaxy expects would make it one of the largest plants in China converting hard rock lithium mineral concentrates into lithium products. Lithium compounds such as lithium carbonate are forecast to be in short supply against high future demand due to advances in long life batteries and sophisticated electronics including mobile phones and computers. Galaxy Resources has positioned itself to meet this lithium future by not only mining the lithium, but also by downstream processing to supply lithium carbonate to the expanding Asian market. Galaxy currently has a market cap of approximately AUS$280M and is a significant component of the Global X Lithium ETF, representing almost 3% of the fund's holdings.

      About Lithium One:

      Lithium One Inc. is a Canadian-based explorer and developer of mineral properties with a specific focus on lithium. Once the Definitive Agreement contemplated by this MOU is executed, the Company will have two major lithium projects funded through feasibility by earn-in partners: the brownfields Sal de Vida lithium brine project in Argentina partnered with KORES, LG International and GS Caltex; and the James Bay bulk tonnage spodumene project in Quebec partnered with Galaxy Resources. The Sal de Vida option agreement also includes a provision for a project completion guarantee in regards to financing and an off-take agreement for up to 50% of the lithium production.

      The Company's strategy is to draw upon its quality team and employ best-practice to develop its projects into leading suppliers of low-cost, high quality lithium products to the global battery market. Lithium One is also a founding member of the Global X Lithium ETF and currently represents nearly 1% of the fund holdings.

      ON BEHALF OF THE BOARD OF DIRECTORS,

      Patrick Highsmith, M.Sc., President and Chief Executive Officer

      Lithium One Inc.
      1238-200 Granville Street
      Vancouver, BC V6C 1S4 Canada
      Email: info@lithium1.com

      Forward-Looking Statements

      This document may contain "forward-looking information" within the meaning of Canadian securities legislation (hereinafter referred to as "forward-looking statements"). All statements, other than statements of historical fact, included herein including, without limitation statements relating to; the completion of a Feasibility Study, completion of the Definitive Agreement, construction of a lithium carbonate plant, securing of debt for future project construction, purchase of future mine production, the timing for completion of an NI 43-101 compliant resource and other matters related to the exploration and development of the James Bay and Sal de Vida Projects, are forward-looking statements. These forward-looking statements are made as of the date of this document and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management's expectations or beliefs regarding future events. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions, title disputes as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com.

      In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements.


      Neither the 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.

      For more information, please contact

      Investor Inquiries:
      Lithium One Inc.
      Robert Orr
      604-697-6259
      604-408-4799 (FAX)
      ro@lithium1.com
      www.lithium1.com
      Click here to see all recent news from this company
      9 Antworten
      Avatar
      schrieb am 09.12.10 14:56:39
      Beitrag Nr. 87 ()
      damit können sie sich voll auf Argentinien konzentrieren.....
      Avatar
      schrieb am 09.12.10 15:01:55
      Beitrag Nr. 88 ()
      Antwort auf Beitrag Nr.: 40.680.840 von grasgruener am 09.12.10 14:38:35Galaxy to acquire 20% of James Bay for C$3M. Can earn up to 70% with completion of a DFS within 24 months

      Was soll daran "fett" sein?
      8 Antworten
      Avatar
      schrieb am 09.12.10 15:14:05
      Beitrag Nr. 89 ()
      Antwort auf Beitrag Nr.: 40.681.076 von MFC500 am 09.12.10 15:01:55die 3 Mio sicher nicht der große Klecks - aber Galaxy iss der Operator und es wurde immer wieder die wirtschaftlichkeit des JamesBay Projektes ggü Argentinien kritisch beäugt - nun haben sie ein JV !

      selbst wenn am Ende Galaxy 70% hat , dann iss LI um mindestens 6 Mio "reicher" und profitiert trotzdem noch vom Verkauf
      das wird dann verhandelt..............

      Initial acquisition of 20% of the James Bay lithium pegmatite project for a C$3 million cash payment;

      Upon Galaxy fulfilling its obligation to spend a minimum of C$3 million within a 12 month period towards the DFS, Galaxy will earn a further 31%, increasing its ownership to 51% of the James Bay project;

      Once Galaxy completes a DFS, within a maximum 24 month period from execution of the Definitive Agreement, Galaxy will earn a further 19%, increasing its ownership to 70% of the James Bay project;

      The DFS will include metallurgical test work, engineering design, capital and operating cost estimation for a mine and concentrating plant at the James Bay project location;

      In addition, the DFS will include lithium carbonate conversion test work, design and costing of a 17,000 tpa battery grade lithium carbonate plant in either Quebec, Canada, or near the Jiangsu lithium carbonate plant in China, which is currently under development.

      On completion of the DFS, both parties will be responsible for their respective equity interests of the project capital costs;

      If Galaxy earns at least a 51% interest, Galaxy will have 100% exclusive marketing rights for all products from any future operation at James Bay except for any sales concluded with parties with whom Lithium One has already commenced discussions.
      7 Antworten
      Avatar
      schrieb am 09.12.10 15:57:01
      Beitrag Nr. 90 ()
      Antwort auf Beitrag Nr.: 40.681.188 von grasgruener am 09.12.10 15:14:05aus meiner Sicht wird ein 70%-Anteil verramscht (für 3 Mio, die anderen 3 Mio bekommt L1 ja nicht), zumal man selbst die Finanzierung für den verbliebenen (30%-)Anteil aufbringen muß. Vergleiche das doch z.B. mit dem KORES-Deal.
      6 Antworten
      Avatar
      schrieb am 10.12.10 12:44:33
      Beitrag Nr. 91 ()
      Antwort auf Beitrag Nr.: 40.681.630 von MFC500 am 09.12.10 15:57:01Sorry, wollte nicht reisserisch rüberkommen

      ich habe erstmal den Vorteil gesehen das sie JamesBay entwickelt bekommen und sich voll und ganz auf Argentinien konzentrieren können

      von den Fakten her gebe ich Dir Recht - die Resource ist deutlich mehr wert und noch nicht voll exploriert
      MK der 11,75 Millione Tonnen ? ich glaube ca. 300 Mio $ - da sind 1% als Einstiegsrpämie nicht sooo viel
      da haste Recht - kein Vergleich zum Koresdeal!

      mal sehen wie es weiter geht...........könnte durchaus auch erstmal nen bissl konsolidieren, gerade zum Jahresende hin

      Chart auch angeschlagen, MACD kurz vor Verkaufssignal..........:cool:
      5 Antworten
      Avatar
      schrieb am 10.12.10 12:50:39
      Beitrag Nr. 92 ()
      Antwort auf Beitrag Nr.: 40.688.285 von grasgruener am 10.12.10 12:44:33Sorry, wollte nicht reisserisch rüberkommen

      habe ich auch nicht so wahrgenommen. Jedem seine Meinung. Wenn Galaxy dann wenigstens für die Finanzierung allein verantwortlich wäre, könnte ich dem Deal etwas mehr abgewinnen. Aber so?
      4 Antworten
      Avatar
      schrieb am 10.12.10 12:58:02
      Beitrag Nr. 93 ()
      Antwort auf Beitrag Nr.: 40.688.339 von MFC500 am 10.12.10 12:50:39mmmh - wenigsten haben sie "noch" Argentinien...........;):laugh:

      denke Galaxy wird sich das Höschen feucht gemacht haben vor Freude...........:cool:
      Avatar
      schrieb am 10.12.10 13:00:43
      Beitrag Nr. 94 ()
      Antwort auf Beitrag Nr.: 40.688.339 von MFC500 am 10.12.10 12:50:39was hälste von Nemaska?
      bin da auch investiert - haben ja auch gute Fortschritte gemacht.........
      2 Antworten
      Avatar
      schrieb am 10.12.10 13:47:31
      Beitrag Nr. 95 ()
      Antwort auf Beitrag Nr.: 40.688.424 von grasgruener am 10.12.10 13:00:43http://www.wallstreet-online.de/diskussion/1160383-1-10/auss…
      1 Antwort
      Avatar
      schrieb am 10.12.10 14:16:30
      Beitrag Nr. 96 ()
      Antwort auf Beitrag Nr.: 40.688.787 von MFC500 am 10.12.10 13:47:31Danke!:)
      Avatar
      schrieb am 03.01.11 08:46:02
      Beitrag Nr. 97 ()
      keiner mehr da? 2011 fängt ja gut an:lick:
      2 Antworten
      Avatar
      schrieb am 03.01.11 13:54:16
      Beitrag Nr. 98 ()
      Antwort auf Beitrag Nr.: 40.787.501 von zamparl am 03.01.11 08:46:02OK. Dieser Anstieg ist eine Reaktion auf Kanada. Aber warum der Anstieg?
      Avatar
      schrieb am 04.01.11 18:11:41
      Beitrag Nr. 99 ()
      Antwort auf Beitrag Nr.: 40.787.501 von zamparl am 03.01.11 08:46:02Ich bin da seit heute. :lick:
      Avatar
      schrieb am 06.01.11 15:21:48
      Beitrag Nr. 100 ()
      :DLithium One Reports Best Drill Results to Date From Sal de Vida Brine Project
      Highlights

      - Hole SVH10_12 in centre of 385 km2 property averages 1,014mg/l lithium and 11,882 mg/l potassium

      - Overall average from brines in 8 core holes increased to 745 mg/l lithium and 8,318 mg/l potassium


      http://www.marketwire.com/press-release/Lithium-One-Reports-…

      VANCOUVER, CANADA--(Marketwire - Jan. 6, 2011) - Lithium One Inc. (the "Company") (TSX VENTURE:LI), is pleased to report continued high lithium and potassium in brines from three additional core holes at the Sal de Vida lithium and potash project at Salar del Hombre Muerto, Argentina. The averaged values of all the brine samples from the core drilling to date, with no cut-offs applied, have increased to 745 mg/l lithium ("Li") and 8,318 mg/l potassium ("K"). Of note, hole SVH10_12 returned particularly high values, averaging 1,014 mg/l Li and 11,882 mg/l K over the entire hole. Magnesium and sulphate ratios continue to be favourably low, with an overall average of 2.4 for Mg:Li and 11.6 for SO4:Li.

      Lithium One President and CEO Patrick Highsmith commented, "The drilling at Sal de Vida continues to demonstrate a stable and consistently mineralized brine. The results from hole 12 are the most significant to date and the hole is located near the center of the property. The brine chemistry is excellent in both the sand-dominated and salt-dominated aquifers; and the drilling outlines a potential resource area of more than 150 km2 so far, with a lot more salar yet to be drilled. The company remains on track to release the first NI 43-101 compliant resource during the first quarter of 2011."

      .............
      1 Antwort
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      schrieb am 06.01.11 16:43:13
      Beitrag Nr. 101 ()
      wunderbare Entwicklung hier.. bisher geht die gesamte korrektur bei den Juniors dank LI und RM koplett an einem vorüber;)
      Avatar
      schrieb am 07.01.11 07:17:01
      Beitrag Nr. 102 ()
      Antwort auf Beitrag Nr.: 40.811.641 von grasgruener am 06.01.11 15:21:48Moin.
      Ist das Bohrergebnis so schlecht, dass der urs mal so eben um 10% nachgibt?

      Gruß
      SlushMT
      Avatar
      schrieb am 26.01.11 21:42:14
      Beitrag Nr. 103 ()
      gleich im ZDF Abenteuer Wissen 22:15 Uhr

      Mission Lithium - Die Macht des neuen Mega-Rohstoffs

      :cool:

      Nehme ich Online auf. Mal sehen was die so berichten...

      Wer es danach im WWW auf ZDF-Online sehen möchte kann auch folgenden Link benutzen:
      http://www.zdf.de/ZDFmediathek/hauptnavigation/sendung-verpa…

      Gruß
      emi
      Avatar
      schrieb am 17.02.11 20:12:05
      Beitrag Nr. 104 ()
      Lithium One signs joint venture agreement with Galaxy

      2011-02-15 12:00 ET - News Release

      Mr. Patrick Highsmith reports

      LITHIUM ONE FINALIZES JAMES BAY EARN-IN AGREEMENT WITH GALAXY

      Further to its news release in Stockwatch dated Dec. 9, 2010, Lithium One Inc. has signed the definitive earn-in and joint venture agreement with Galaxy Resources Ltd. of Australia, under which Galaxy can acquire up to a 70-per-cent interest in the company's James Bay lithium pegmatite project in Quebec.

      Under the terms of the agreement, Galaxy will make a cash payment of $3-million to acquire an initial 20-per-cent interest in the James Bay project. Galaxy will have the option to increase its interest in the James Bay project to 70 per cent through the completion of a definitive feasibility study on the project within a 24-month period, including a further investment of at least $3-million in the next 12 months.

      The initial payment of $3-million remains subject to conditions involving the transfer of certain claims to Lithium One. The company has made payment in full to the optionor of those claims and expects the transfer to be completed in the near future. For additional details about the terms of the agreement and Galaxy, please refer to the company's news release in Stockwatch dated Dec. 9, 2010.

      James Bay lithium pegmatite project

      The James Bay project hosts a significant spodumene pegmatite deposit at surface in northwestern Quebec. In 2010, Lithium One announced an NI 43-101-compliant mineral resource including 11.75 million tonnes at 1.30 per cent lithium oxide in the indicated category, and 10.47 million tonnes at 1.20 per cent lithium oxide in the inferred category, at a 0.75-per-cent lithium oxide cut-off grade. The resource was described by SRK as likely amenable to open pit extraction and as having potential for an increase in both tonnes and grade with further drilling (see company news release in Stockwatch dated Nov. 18, 2010).

      The James Bay project has comparable geology and physical characteristics to Galaxy's Mt. Cattlin operating lithium mine in Western Australia, creating similarities and synergies that should assist Galaxy with fast-tracking the feasibility study.

      For additional details on the James Bay lithium project, please visit the Lithium One's website.

      The technical contents of this news release have been reviewed and approved by A. James McCann. Mr. McCann is a licensed professional geologist in Quebec, PGeo (OGQ No. 332), and a qualified person as defined by NI 43-101.

      We seek Safe Harbor.
      Avatar
      schrieb am 17.02.11 20:18:52
      Beitrag Nr. 105 ()
      ds ist für mich wieder mal eine sehr gute News von LI, nach diesem GalaxyDeal - der kommerziellen Produktion in Arentinien steht so gut wie nichts mehr im Wege

      Lithium One recovers lithium carbonate in pilot plant

      2011-02-17 11:59 ET - News Release

      Mr. Patrick Highsmith reports

      LITHIUM ONE REPORTS FIRST PRODUCTION OF LITHIUM CARBONATE AT SAL DE VIDA LITHIUM-POTASH BRINE PROJECT, ARGENTINA

      Lithium One Inc. has had the first recovery of lithium carbonate and potassium chloride from its on-site pilot-plant. The operating pilot facility represents a smaller scale simulation of a commercial evaporation process operation that has been designed to concentrate and recover lithium (for lithium carbonate production) and potassium (for muriate of potash production) from the Sal de Vida brines.

      The pilot facility, including evaporation ponds and a lithium carbonate plant, commenced operation in early October 2010. This is a key step towards the feasibility study at Sal de Vida, which is targeted for early 2012. The pilot plant test work allows Lithium One to optimize the low-cost evaporation technology for the commercial production of lithium carbonate and muriate of potash (potassium chloride). Lithium carbonate in high purity forms is the preferred commercial product for the lithium battery industry. Production of battery-grade lithium carbonate and by-product potash is the objective of the Sal de Vida Project.

      After only four months of evaporation processing, lithium concentrations of more than 1.25% have already been achieved in the test ponds. The potassium content of the brines at the potash recovery stage is at or above 4%. To date, four batches of lithium carbonate and two batches of potash have been recovered from the pilot facility. These interim results are on track to meet or exceed the 2% lithium and 4% potassium concentrations achieved in the laboratory scale evaporation tests on Sal de Vida brine which were completed in the third quarter of 2010. Realization of these concentrations would compare favourably to commercial lithium evaporation plants and have a significant positive impact on capital and operating costs for a future full-scale operation.

      Lithium One President and CEO Patrick Highsmith commented, "We are very happy with the results we are seeing from the Sal de Vida evaporation tests and pilot plant. The results achieved in this short time frame confirm the quality of the brine chemistry and its performance in real-world testing conditions, which bodes well for the future economics of the process. This landmark in our process is analogous to taking a bulk sample from a gold deposit and confirming the gold is amenable to low-cost heap leach processing. With the pilot plant operating we have accelerated our pace towards feasibility at the end of the year, while simultaneously working to complete the first resource estimate on the project in the next few weeks."

      Pilot Facility Details

      The theoretical plant design (flowsheet) and the corresponding pilot test facility were designed by process engineering consultant, Jerome Lukes. Mr. Lukes has extensive experience with recovery of lithium from evaporation circuits, including a key role in development of the world's largest lithium and potassium solar evaporation recovery process at Salar de Atacama. The Sal de Vida pilot plant evaporation tests will run at least 12 months in order to simulate one full year of weather conditions at the salar.

      The on-site test facility consists of two brine wells, two weather stations, six evaporation ponds, and containerized pilot plant, laboratory, and office. The operation consists of three stages:

      Pre-treatment stage. Most magnesium is removed from the brines using lime in the pre-treatment phase. Results to date indicate that the Sal de Vida brines are low in magnesium, which should make removal at this stage effective and low-cost.

      Evaporation stage. In the second stage, brine is naturally evaporated in a series of 6 ponds, simulating the evaporation process of a future full-scale, commercial operation. Ponds are of 6 and 3-metres diameter and 0.60m deep. The larger test ponds are made of reinforced fiberglass and the smaller ones are made of metal. The first four ponds concentrate the brine and are designed to remove excess halite (common salt), while the remaining two ponds further concentrate the brine and crystallize a halite/potash (potassium chloride) solid. This solid is further processed in a commercial plant to produce muriate of potash. Excess calcium, sulphate and boron are removed throughout the system.

      Lithium recovery stage. In the third stage, the concentrated brine will be treated in the pilot plant to remove the remaining boron (a potentially valuable by-product) and trace magnesium and calcium, producing lithium carbonate (Li2CO3) in pilot plant quantities. The final boron and magnesium treatment hardware has not yet been installed, so the initial lithium carbonate products are of lower purity than the final test product will be.

      Four batches of lithium carbonate have been recovered from the evaporation-concentrated brines, with several more to be completed before the yields are representative. Analysis of the brines from the evaporation pond system and pilot plant confirm that the chemistry is behaving generally as expected with respect to K, Na, Li and Cl.

      Please refer to the Lithium One website (www.lithium1.com) for photos from the operation.

      Review by Qualified Person

      The contents of this news release, analytical data, and process testing details have been reviewed and approved by Mr. George C. Lukes. Mr. Lukes is a certified Professional Engineer in the state of Utah (P.E. #: 171939-2202) and a qualified person as defined by National Instrument 43-101. Both Mr. George Lukes and Mr. Jerome Lukes are completely independent of Lithium One, owning no securities of any kind in the Company.

      We seek Safe Harbor.
      Avatar
      schrieb am 18.02.11 16:50:17
      Beitrag Nr. 106 ()
      sell on good news? oder was
      Avatar
      schrieb am 24.02.11 21:45:22
      Beitrag Nr. 107 ()
      Hat jemand eine Erklärung warum LI so in den keller geht?

      Rokky
      3 Antworten
      Avatar
      schrieb am 25.02.11 11:56:39
      Beitrag Nr. 108 ()
      Antwort auf Beitrag Nr.: 41.103.137 von Rokky100 am 24.02.11 21:45:22es ist nur ein Verläufer der scheinbat bei mehreren Lithium-Werten alles auskehrt ... gestern war nach 2 Stunden schluss und es gab ne leichter erholung ... hoffe auf nen grösseren Rebound ..Ressourcenschätzung steht an
      2 Antworten
      Avatar
      schrieb am 25.02.11 14:13:58
      Beitrag Nr. 109 ()
      Antwort auf Beitrag Nr.: 41.105.937 von German2 am 25.02.11 11:56:39eieiei..ma sollte vorher lesen was man so abschickt ;)
      1 Antwort
      Avatar
      schrieb am 25.02.11 14:16:02
      Beitrag Nr. 110 ()
      aus dem Stockhouse-board..

      I emailed the company, asking them to comment on the share price performance.
      Got an answer in 10 minutes:

      "There is no fundamental reason why our price is down this low."
      Avatar
      schrieb am 25.02.11 14:18:38
      Beitrag Nr. 111 ()
      Antwort auf Beitrag Nr.: 41.106.989 von German2 am 25.02.11 14:13:58nix schlimm, hab verstanden was du meinst

      wird ein netter Rebound schätze ich! :)
      Avatar
      schrieb am 26.02.11 09:15:05
      Beitrag Nr. 112 ()
      Ein guter Zeitpunkt zum Wiedereinstieg ?

      Grandich:

      http://www.grandich.com/2011/02/grandich-client-lithium-one-…
      3 Antworten
      Avatar
      schrieb am 27.02.11 05:17:45
      Beitrag Nr. 113 ()
      Antwort auf Beitrag Nr.: 41.110.776 von bmann025 am 26.02.11 09:15:05ich denk schon.. fundamental total unterbewertet wenn man an Lithium generell glaubt ... hab meine Position jedenfalls wieder aufgestockt :)
      1 Antwort
      Avatar
      schrieb am 28.02.11 11:33:36
      Beitrag Nr. 114 ()
      Antwort auf Beitrag Nr.: 41.112.600 von German2 am 27.02.11 05:17:45sieht sehr gut aus für einen starken Rebound bei LI - von den Fakten mal ganz abgesehen
      Avatar
      schrieb am 28.02.11 12:38:05
      Beitrag Nr. 115 ()
      Antwort auf Beitrag Nr.: 41.110.776 von bmann025 am 26.02.11 09:15:05danke - artikel/interview ist gut! :cool:
      Avatar
      schrieb am 04.03.11 15:22:51
      Beitrag Nr. 116 ()
      wo bekomm ich aktuelle brancheninformationen? auch preisentwicklungen von Lithiumcarbonat würden mich interessieren...

      ich überlege, einen lithiumfakten-thread zu eröffnen!
      Avatar
      schrieb am 07.03.11 19:04:22
      Beitrag Nr. 117 ()
      Lithium One Delineates Resource of 5.4 Million Tonnes Lithium Carbonate Equivalent and 21.3 Million Tonnes Potash Equivalent at Sal de Vida Brine Project, Argentina Highlights- Among the largest and highest grade lithium-potassium brine resources in the world

      Highlights

      - Among the largest and highest grade lithium-potassium brine resources in the world(1)

      - Fully independent inferred resource estimate includes:

      -- 5,440,000 tonnes lithium carbonate equivalent

      -- 21,300,000 tonnes potash equivalent

      -- Average Li grade 695 mg/L

      -- Average K grade 7,590 mg/L

      - Near-surface deposit has significant potential for expansion:

      -- Resource covers only 65% of the project area containing known high-grade lithium and potassium brine

      -- Resource to only 140 metres depth and deposit is open below

      - Since June of 2010, the Korean Consortium has funded US $6.3 million of an estimated US $15.0 million budget through feasibility.

      http://www.minenportal.de/artikel.php?sid=34014〈=en#Lithium-…
      1 Antwort
      Avatar
      schrieb am 08.03.11 10:20:24
      Beitrag Nr. 118 ()
      Antwort auf Beitrag Nr.: 41.160.414 von rolleg am 07.03.11 19:04:22- Near-surface deposit has significant potential for expansion:


      -- Resource covers only 65% of the project area containing known high-grade lithium and potassium brine


      -- Resource to only 140 metres depth and deposit is open below


      :) große klasse! LI wird nun wohl wieder das alte Hoch in Angriff nehmen!
      Avatar
      schrieb am 08.03.11 11:41:52
      Beitrag Nr. 119 ()
      mit dem knallharten absturz ohne grund (außer die geschichte um canada lithium) vor einigen tagen konnten sich vermutlich wieder einige bescheidwissende billig eindecken
      immer dieselben praktiken...
      1 Antwort
      Avatar
      schrieb am 08.03.11 12:48:22
      Beitrag Nr. 120 ()
      Antwort auf Beitrag Nr.: 41.163.525 von zamparl am 08.03.11 11:41:52:cool:hätte jeder gekonnt, der den Mut zum Kauf hatte!
      Avatar
      schrieb am 31.03.11 23:08:34
      Beitrag Nr. 121 ()
      Five Lithium Stocks to Watch in 2011 – Part 1

      http://www.highgradereview.com/five-lithium-stocks-one/
      Avatar
      schrieb am 02.04.11 08:46:51
      Beitrag Nr. 122 ()
      1 Antwort
      Avatar
      schrieb am 04.04.11 19:13:42
      Beitrag Nr. 123 ()
      Antwort auf Beitrag Nr.: 41.307.518 von bmann025 am 02.04.11 08:46:51toll;)
      Avatar
      schrieb am 05.04.11 10:49:52
      Beitrag Nr. 124 ()
      Like its Producing Neighbour: The results indicate that Sal de Vida chemistry, which drives operating costs, is similar to that of its neighbour, FMC Corporation. FMC is the number one lithium specialty chemicals producer in the world with the focus on its operations at Salar de Hombre Muerto, which is adjacent to Sal de Vida. Sal de Vida’s chemistry quality and the results of its operating lithium carbonate pilot plant suggest that with this project Lithium One has the ability to be a low-cost producer of lithium carbonate. The Mg:Li ratio averages at 2.19, which is one of the lowest of all juniors. The lower the ratio, the less lime will be used for processing, and thus lower operating costs. Additionally, the low sulfate levels will not require the use of calcium chloride at the back end of the operation, again, lowering operating costs. These results are in line with our expectations and we maintain our estimated operating cost of $1,900/tonne LCE after potassium credits. This is lower than any hard rock explorer and hedges the company against downturns in the lithium market.

      Increased Valuation: After speaking with company management, it plans to produce 20,000 tonnes of LCE annually. We do not see this as a problem given the land package, lithium concentrations and effective porosity levels seen in numbers and first-hand experience at the salar. We have increased our expected annual production rate to 20,000 tonnes of lithium carbonate from 15,000 tonnes. Additionally, we have increased capital costs from $100M
      to $150M. Note, we expect the consortium that includes KORES and LG Chem will provide 30% of the capital expenses based on their 30% equity stake in the company. We reiterate our Speculative Buy recommendation and raise our target price to $2.45.

      ...das Preisziel ist recht konservativ.. das Cash-Flow-Modell beinhaltet nicht die Einnahmen aus der 2. Property ... die Finanzierung sollte auch kein Problem darstellen und womöglich fast ohne Verwässerung möglich sein...
      Avatar
      schrieb am 05.04.11 22:53:36
      Beitrag Nr. 125 ()
      Hat auch wieder nach oben gedreht:

      Avatar
      schrieb am 11.04.11 19:12:34
      Beitrag Nr. 126 ()
      der Markt scheint nun LI wieder zu mögen ;) ... der Anstieg sieht sehr solide aus..von der Bewertung her ist noch so einiges an Luft nach oben ...
      1 Antwort
      Avatar
      schrieb am 11.04.11 19:29:03
      Beitrag Nr. 127 ()
      Antwort auf Beitrag Nr.: 41.350.440 von German2 am 11.04.11 19:12:34Sehe ich genauso...

      Quote for Lithium One Inc. (LI:CA)
      $ 1,65 RT 0,10 (+6.45%) Volume: 619,77 k 13:22 EDT 11.04.2011
      Avatar
      schrieb am 12.04.11 14:30:25
      Beitrag Nr. 128 ()
      :cool::cool::cool:

      Lithium One Announces Appointment of Paul Matysek as CEO

      VANCOUVER, CANADA, Apr 12, 2011 (MARKETWIRE via COMTEX News Network) --

      Lithium One Inc. (the "Company") (TSX VENTURE: LI), is pleased to announce changes to its senior management team as the Company accelerates the development of its lithium projects.

      Lithium One founding director Mr. Paul Matysek joins the team as Chief Executive Officer (CEO). Mr. Patrick Highsmith, will continue as President and is appointed in the newly created role of Chief Operating Officer (COO).

      Mr. Matysek is a professional geochemist and geologist with over 30 years of experience in the mining industry. He has held senior management and director positions with several natural resource exploration and development companies, most recently as President and CEO of Potash One Inc. Mr. Matysek was the architect of the $434 million friendly takeover of Potash One by K+S Ag, which closed in early 2011. Prior to founding Potash One, Mr. Matysek was the President and CEO of Energy Metals Corporation ("EMC"), a premier uranium company traded on the New York and Toronto Stock Exchanges. Mr. Matysek led EMC as it was one of the fastest growing Canadian companies in recent years, increasing its market capitalization from $10 million in 2004 to approximately $1.8 billion when it was acquired by a larger uranium producer in 2007.

      As President, Mr. Highsmith will work closely with Mr. Matysek on the strategy and marketing of the Company and as COO he will manage the development of the Company's operations as the Sal de Vida brine project in Argentina and James Bay pegmatite project in Quebec continue towards feasibility completion in 2012.

      Chairman of the Board Martin Rowley commented, "We are very pleased that Paul Matysek has agreed to become the CEO as the Company accelerates the development of its two world class lithium projects. Paul's experience in the capital markets and proven ability to maximize the value of resource assets for the benefit of all stakeholders will complement and enhance Patrick's technical skills and expertise in the lithium sector. Patrick has done an excellent job as CEO to advance the Company over the past two years and we are now confident with the expanded executive management team that we will be able to successfully add further value to our lithium assets."

      About Lithium One:

      Lithium One Inc. is a Canadian-based explorer and developer of mineral properties with a specific focus on lithium. The Company has two major lithium projects funded through feasibility by earn-in partners: the brownfields Sal de Vida lithium and potash brine project in Argentina, and the James Bay bulk tonnage spodumene project in Quebec. The Company announced the first NI 43-101 compliant resource for the Sal de Vida project in early March, 2011, making it one of the largest and highest grade lithium and potash brine projects in the world. KORES, LG International and GS Caltex are earning a maximum 30% project equity in the Sal de Vida Project through an earn-in option agreement that includes an off- take agreement for up to 50% of the lithium production. Galaxy Resources is earning a maximum 70% project equity in the James Bay Project through an earn-in agreement that includes delivery of a definitive feasibility study. The Company's strategy is to draw upon its quality team and employ best-practice to develop its projects into leading suppliers of low-cost, high quality lithium products to the global market.

      ON BEHALF OF THE BOARD OF DIRECTORS,

      Martin R. Rowley, Chairman of the Board

      The reader is cautioned that mineral resources are not mineral reserves and do not have demonstrated economic viability.

      Forward-Looking Statements

      This document may contain "forward-looking information" within the meaning of Canadian securities legislation (hereinafter referred to as "forward-looking statements"). All statements, other than statements of historical fact, included herein including, without limitation statements relating to; the completion of a Feasibility Study, securing of debt for future project construction, purchase of future mine production, the timing for completion of an NI 43-101 compliant resource and other matters related to the exploration and development of the Project, are forward-looking statements. These forward-looking statements are made as of the date of this document and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management's expectations or beliefs regarding future events. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions, title disputes as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. In certain cases, forward- looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements.

      Neither the 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.

      Contacts: Investor Inquiries: Lithium One Inc. Robert Orr 604-805-2126 ro@lithium1.com Lithium One Inc. 2700-130 Adelaide Street West, Toronto, ON M5H 3P5 Canada info@lithium1.com www.lithium1.com

      SOURCE: Lithium One Inc.

      mailto:ro@lithium1.com mailto:info@lithium1.com http://www.lithium1.com
      Copyright 2011 Marketwire, Inc., All rights reserved.
      Avatar
      schrieb am 14.04.11 22:43:36
      Beitrag Nr. 129 ()
      na das ging doch wieder gut ab heute ;)
      Avatar
      schrieb am 15.04.11 07:56:52
      Beitrag Nr. 130 ()
      South Korea aims to dominate lithium battery production

      LONDON (Scrap Monster): Japan has been dominating the lithium battery manufacturing sector now for a very long time. Advanced lithium battery manufacturing has historically been dominated by China, Japan and South Korea, together accounting for as much as 98 percent of the market last year.

      Meanwhile, South Korea plans to overtake Japan as the leader in production of mid-sized to small lithium-ion batteries, according to the report by a Japanese market research firm, the Institute of Information Technology (IIT).

      While Japan’s leadership within the market will remain significant in the near term, industry stake holders and analysts had already observed that the country was gradually losing market share. This year the market trend has been extended with South Korean companies estimated to command global market share of 38.5 percent this year compared to 38.4 percent for Japan, lithiuminvestingnews.com reported.

      Japanese manufacturing still controlled 55 percent of global advanced battery production in 2009, down from 78 percent in 2002. Meanwhile, China’s share rose to 25 percent from 11 percent in 2002, and South Korea’s reached 18 percent in 2009 from just 6 percent in 2002.

      At the end of last year, the South Korean government announced plans to boost supplies of the two resources from Korean-owned mines up to 10 percent of annual requirements this year from 5.5 percent last year.

      Arguably following in the wake of the semiconductor, shipbuilding and TV industries, South Korean manufacturers appear to be overtaking their Japanese rivals in the lithium-ion battery market.

      According to IIT, in terms of individual lithium battery manufacturers, South Korean companies have already eclipsed their Japanese rivals. In 2010, 11 years since South Korea began making the batteries, Samsung overtook Panasonic (NYSE:PC), via subsidiary Sanyo Electric, to become the world’s top manufacturer with LG Chem (SEO:051910) climbing to third place.

      Meanwhile, LG Chem has officially opened the world’s largest electric vehicle battery plant in South Korea.


      .....KORES ist bekanntlicherweise unser Partner und mit 30% an der Brine in Chile beteiligt ;)
      Avatar
      schrieb am 21.04.11 20:30:37
      Beitrag Nr. 131 ()
      ich bevorzuge LAC... was spricht für LI im vergleich
      der beiden werte?
      1 Antwort
      Avatar
      schrieb am 21.04.11 20:49:29
      Beitrag Nr. 132 ()
      Antwort auf Beitrag Nr.: 41.403.302 von DerRohstoffbulle am 21.04.11 20:30:37Hi,

      kann ich auf Anhieb nicht beantworten, da ich mich mit LAC noch nicht beschäftigt habe.

      Aber ich denke, das kann sich sehen lassen:

      Lithium One Delineates Resource of 5.4 Million Tonnes Lithium Carbonate Equivalent and 21.3 Million Tonnes Potash Equivalent at Sal de Vida Brine Project, Argentina
      Highlights
      - Among the largest and highest grade lithium-potassium brine resources in the world(1)
      - Fully independent inferred resource estimate includes:
      -- 5,440,000 tonnes lithium carbonate equivalent
      -- 21,300,000 tonnes potash equivalent
      http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…

      "Jo" Lee kennt wohl beide:

      Jonathan Lee: Lithium Powers the Green Revolution

      Apr. 19, 2011 (Baystreet.ca) --

      Jonathan Lee: Lithium Powers the Green Revolution

      Source: Brian Sylvester of The Energy Report 4/19/11

      Demand for lithium, a super-light, yet super-charged metal and essential component in electric car batteries, is rebounding from a 2009 dip. In an exclusive interview with The Energy Report, Byron Capital Markets Battery Materials and Technology Analyst Jonathan Lee outlines the technological and political forces powering this upturn and reveals the companies poised to benefit if there is a glut in supply.

      “A few low-cost producers have the potential to thrive and return money to investors in this marketplace,” Lee said. Included on his hot list is Lithium Americas Corp. (TSX:LAC), which operates the Cauchari-Olaroz project scheduled to go into production in 2014. "We like the company because it has very good chemistry. It has a very high lithium concentration and a very low magnesium level.”

      “The Sal de Vida project is another one that we really like,” Lee said. The resource is being developed by Lithium One Inc. (TSX.V:LI). “The company has some of the best brine chemistry; and with good lithium and potassium concentrations combined with the right magnesium and sulfate concentrations, it may be one of the lowest-cost producers.”

      The entire story for syndication with links is available here. Please note the disclosures at the end of the story to preserve legal transparency.

      Streetwise Reports is the publisher of The Energy Report and The Gold Report, industry-specific electronic magazines featuring portfolio managers, top analysts and recognized newsletter writers giving their outlook and recommendations on investment options. To automatically receive syndication-approved content, sign up for the RSS feed here.

      Source: Accesswire (April 19, 2011 - 2:23 PM EDT)

      News by QuoteMedia
      http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…

      LI hat Abnahmeverträge mit einem koreanischen Konsortium (KC: GS Caltex, KORES und LG) das bis zu 50% Li abnehmen will.

      Schau mal hier vorbei: http://www.lithium1.com/pdfs/Lithium_One_031811_Corporate.pd…
      Avatar
      schrieb am 23.04.11 16:17:09
      Beitrag Nr. 133 ()
      danke!

      mir scheint, es gibt große übereinstimmungen zwischen LAC und LI was die projekte in argentina und die großinvestoren angeht!

      argentina ist allerdings auch ein risiko.... nicht sonderlich mining-friendly!
      2 Antworten
      Avatar
      schrieb am 26.04.11 21:56:28
      Beitrag Nr. 134 ()
      Antwort auf Beitrag Nr.: 41.406.280 von DerRohstoffbulle am 23.04.11 16:17:09Argentinien nicht "mining-friendly"? Kannst Du das irgendwie untermauern?
      1 Antwort
      Avatar
      schrieb am 03.05.11 17:03:02
      Beitrag Nr. 135 ()
      Antwort auf Beitrag Nr.: 41.413.936 von rolleg am 26.04.11 21:56:28Argentinien unterbintet in einigen Provinzen mittlerweile die Eröffnung neuer Minen wegen Umweltproblemen ... da gerät Landwirtschaft und Mining oft aneinander .... abe rnur in einigen Provinzen!



      LI und LAC .. LI ist für mich der bessere Wert da viel billiger und grösseres Wachstumspotential.
      Avatar
      schrieb am 18.08.11 19:37:49
      Beitrag Nr. 136 ()
      Lithium One Inc.- Low cost Lithium at the Sal de Vida brine Project, Argentina

      http://lithiuminvestingnews.com/3824/lithium-one-inc-low-cos…
      Avatar
      schrieb am 24.08.11 22:54:57
      Beitrag Nr. 137 ()
      ist der kurs nicht lächerlich niedrig zur zeit?
      2 Antworten
      Avatar
      schrieb am 24.08.11 23:05:55
      Beitrag Nr. 138 ()
      Antwort auf Beitrag Nr.: 41.998.804 von misterwrong am 24.08.11 22:54:57Ja, da ist was dran...
      1 Antwort
      Avatar
      schrieb am 25.08.11 20:23:56
      Beitrag Nr. 139 ()
      Antwort auf Beitrag Nr.: 41.998.848 von rolleg am 24.08.11 23:05:55na dann wollen wir mal eine art bodenbildung bzw. trendwechsel abwarten.
      Avatar
      schrieb am 05.10.11 16:07:34
      Beitrag Nr. 140 ()
      absolute geile PEA ham se da abgeliefert.. einsteigen !


      VANCOUVER, CANADA, Oct 05, 2011 (MARKETWIRE via COMTEX News Network) --

      Lithium One Inc. (the "Company") (TSX VENTURE: LI), is pleased to announce completion of a positive preliminary economic assessment ("PEA") for the Sal de Vida lithium and potash project at Salar del Hombre Muerto, Argentina (the "Project"). The PEA outlines an operation producing 25,000 tonnes pa lithium carbonate and 107,000 tonnes pa potash, with a 28% internal rate of return ("IRR") and a US$1.066 billion net present value ("NPV") at an 8% discount rate.
      Avatar
      schrieb am 22.10.11 09:18:12
      Beitrag Nr. 141 ()
      watchlist:D
      Avatar
      schrieb am 17.11.11 11:02:50
      Beitrag Nr. 142 ()
      neue Präsentation online: http://www.lithium1.com/i/pdf/2011-10_CorporatePresentation.…

      -Two Major Resources Funded through Feasibility ($20 million)
      -Undervalued - New Valuation Opportunity based on Positive PEA
      -Proven Board and Management
      -Delivering Real Assets: Access to Lithium Markets
      PROJECTS:
      Sal de Vida Lithium – Potash Brine Project (PEA – Oct 2011):
      -Pre-tax NPV8 = US $1.066 billion
      -Delivering Feasibility during Q3 2012
      -Lithium Off-take and Project Completion Guarantee by Korean
      partners
      James Bay Hard-Rock Lithium Project:
      -Feasibility Completed during 2012 - $3 million Committed by
      Partners
      -Pre-tax IRR = 28%

      ;)
      Avatar
      schrieb am 08.12.11 07:53:16
      Beitrag Nr. 143 ()
      Lithium One Carried through Feasibility:

      • KC to fund up to US$15.0M budget to earn maximum
      30% of project

      • Lithium One to manage and operate
      • Funding into Argentina to date: US $6.3 million
      • Low Risk Development thru Completion Guarantee:
      KC to secure project debt facility, including Lithium One’s share

      • First Lithium Customers Secured:
      • KC to Purchase 30 to 50% of Lithium Products
      • KC to Market Lithium Products
      • Lithium One to Market Potash and Boron Products


      KC=Korean Consortium (LG International, GS Caltex, Kores)
      Avatar
      schrieb am 20.01.12 21:17:19
      Beitrag Nr. 144 ()
      Lithium One Completes Resource Drilling at the Sal de Vida Lithium and Potash Project, Argentina

      Highlights - Averaged Lithium and Potash grades are approximately 10% higher than those of the NI 43-101 resource previously announced - Brine chemistry remains consistent with favourably low magnesium and sulphate concentrations - New drill results will contribute to a reclassification and expansion of the resource in a new resource estimate.
      http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…

      Avatar
      schrieb am 25.01.12 22:17:36
      Beitrag Nr. 145 ()
      :D:D:D

      Lithium One Announces Upgrade in Resource Category, Total Tonnage and Grade at Sal de Vida Lithium-Potash Brine Project, Argentina

      VANCOUVER, CANADA -- (Marketwire) -- 01/25/12 -- Lithium One Inc. (the "Company") (TSX VENTURE:LI), is pleased to report an upgraded lithium ("Li") and potassium ("K") resource statement for its Sal de Vida brine project at Salar del Hombre Muerto, in Salta and Catamarca provinces of Argentina. The NI 43-101 resource statement, detailed in Table 1 below, includes 4,053,000 tonnes of lithium carbonate ("Li2CO3") equivalent and 16,071,000 tonnes of potash ("KCl") equivalent in the measured and indicated categories, with an additional 3,180,000 tonnes of Li2CO3 and 12,762,000 tonnes KCl in the inferred category. The expanded Sal de Vida resource is one of the largest and highest grade undeveloped lithium and potash brine deposits in the world(i).

      Paul Matysek, the CEO of Lithium One, commented on the updated resource for the Sal de Vida Project, "We have achieved our goal of upgrading the Sal de Vida brine resource in grade and tonnage. This resource represents more than a 30% increase in the estimated total contained lithium and potash, along with an increase in grade of approximately 10%. Using very similar methodologies as in the inferred resource calculation last year, the team incorporated much more data, including more than twice as many holes and effective porosity measurements, to upgrade the status of most of our resource to measured and indicated. These improvements in grade and tonnage should contribute to further improvements in the projected economics as we work toward our feasibility study in the third quarter of this year."

      Table 1. Sal de Vida Brine Resource Statement
      ----------------------------------------------------------------------------
      In In
      Phase II Brine Avg. situ Li2CO3 situ KCl
      Resource Volume Li Li Equivalent Avg. K K Equivalent
      Category (m3) (mg/l) (tonnes) (tonnes) (mg/l) (tonnes) (tonnes)
      ----------------------------------------------------------------------------
      7.2 x
      10 to the
      Measured 8th power 787 565,000 3,005,000 8,695 6,241,000 11,902,000
      ----------------------------------------------------------------------------
      2.6 x
      10 to the
      Indicated 8th power 768 197,000 1,048,000 8,534 2,186,000 4,169,000
      ----------------------------------------------------------------------------
      9.8 x
      10 to the
      M+I 8th power 782 762,000 4,053,000 8,653 8,427,000 16,071,000
      ----------------------------------------------------------------------------
      8.3 x
      10 to the
      Inferred 8th power 718 597,000 3,180,000 8,051 6,692,000 12,762,000
      ----------------------------------------------------------------------------
      Cutoff grade: 500 mg/L lithium
      The reader is cautioned that mineral resources are not mineral reserves and
      do not have demonstrated economic viability.


      The resource estimate was prepared in accordance with the guidelines of National Instrument 43-101 and uses best practice methods specific to brine resources, including a reliance on core drilling and sampling methods that yield depth-specific chemistry and effective (drainable) porosity measurements. The resource calculations were also confirmed using two different resource models. The work was completed by independent qualified person Mr. Michael Rosko of the international specialist hydrogeology firm E.L. Montgomery & Associates ("M&A").

      The resource is defined entirely with core drilling, but it has also been sampled by low-flow pumping and short-term pumping tests in numerous locations. The footprint of the resource is 223 square kilometres. The new measured, indicated, and inferred resource incorporates 13 additional core holes, for a total of 3,139 metres of core drilling in 23 holes. This equates to nominal drill spacing of just over three kilometres between core holes. Over most of the basin, the brine resource comes to within a few metres of the surface and its thickness is defined by the extent of drilling. The brine resource was defined from three metres to more than 280 metres depth in one area. In the central portions of the basin, the resource is defined to an average depth of approximately 130 metres. In two locations the resource was extended below the depth of the exploration core hole based on lithologic information from deeper wells drilled at the same locations.

      The chemistry of the Sal de Vida brine continues to be very favourable. The ratios of magnesium and sulfate to lithium are the lowest of any major lithium brine project under development in South America. As discussed in the Preliminary Economic Assessment (See Company news release dated October 5, 2011), low magnesium and sulfate content are important contributors to the anticipated favorable economics of the Sal de Vida Project. The low sulfate content has been shown in process development test work to be an important factor in the Project's ability to produce significant potash. Some important parameters of the brine composition are:

      -- Average density of the brine: 1.20 g/cm3
      -- Average Magnesium/Lithium ratio: 2.2
      -- Average Sulphate/Lithium ratio: 11.5


      Based on the geologic model, approximately 51% of the brine volume in this resource is hosted by predominantly sandy aquifers and 24% by two or more large halite (common salt) bodies. The balance is hosted in silt, travertine, gravel, or clay dominated units.

      The total contained lithium and potassium values are based on measurements of effective (drainable) porosity distributed throughout the aquifer volume that defines this resource. This method of porosity determination is designed to estimate the portion of the total porosity that can reasonably be expected to be drained by pumping; however, these in situ estimates may differ from total extractable quantities. The porosity of the resource volume varies with geology but to date effective porosity has been predictable by hydrostratigraphic units; and the average for the entire database is approximately 7.7%. These porosity values compare favourably to other commercial lithium brine operations, such as FMC's Fenix Project that adjoins Sal de Vida on the west. The average effective porosity in the Fenix reserve is approximately 7%(ii).

      As reported in the technical report accompanying the inferred resource (See Company news release dated March 4, 2011), portions of the eastern and southern sub-basins have brackish water overlying the brine. These are areas where fresh water inflow mixes with salt water in the basin, and the resulting brackish water floats on top of the brine due its lower density. Lithium and potassium contents of this brackish water are lower than the brine, but consistent with the previously reported inferred resource methodology, these reduced-grade areas are excluded from this estimate based on a cut-off grade of 500 mg/L lithium.

      Resource Estimation Methodology

      A total of 3,139 metres of drilling from 23 holes, including 352 brine samples (not including QA/QC samples), was evaluated for this resource calculation. A total of 309 drainable porosity determinations were also used in the computations. The average spacing of vertical samples for both drainable porosity and chemistry is approximately 10 metres. Of the 23 holes used for the resource analysis, most were terminated after reaching target depth or due to drill limitations. The basin depth, and the total thickness of saturated sediments, is unknown for most of the basin, but drilling confirms basinal sediments and/or halite to more than 280 metres depth in parts of the North Basin. Based on drilling and geophysical measurements, additional brine-bearing aquifer material is believed to exist in the deeper reaches of the central portion of the basin.

      In order to confirm the results, the consultants chose to estimate the resource using two different estimation methodologies: a drill-hole centered polygonal technique ("Method 1") and a statistical-based evaluation ("Method 2"). However, to be consistent with practices employed for the March 2011 estimation, the resource reported here was calculated using Method 1. Hydrostratigraphic units have variable thickness and were determined by the consultants based on observed lithology and anticipated similar hydraulic properties. The values for drainable porosity and grade (lithium and potassium values) for each hydrostratigraphic unit were derived from direct measured values from the well. The unit thicknesses combined with the areas yields a volume. The volumes combined with the drainable porosity values, representing the amount of fluid available from the formation, yield the tonnage of brine. Applying the grade, represented as lithium carbonate and potassium chloride equivalents then provides the estimated resource for each block, which are then summed.

      The resource tonnages from Method 2 validate the reported results from the Method 1 resource. The results from both methods will be described in the NI 43-101 Technical Report to be filed on SEDAR and posted on the Company's website (www.lithium1.com).

      The primary analytical laboratory for the data used in this resource is Alex Stewart Assayers of Mendoza, Argentina. Alex Stewart's Mendoza lab is accredited to ISO 9001:2008 and ISO14001:2004 for its geochemical and environmental labs for the preparation and analysis of numerous sample types, including waters. The details of analytical methodologies and quality assurance protocols are reported in the NI 43-101 technical reports for the project, which are filed on SEDAR.

      The porosity determinations were made by Core Laboratories of Houston, Texas. Core Laboratories is a leading provider of proprietary and patented reservoir description, production enhancement and reservoir management services. Core Laboratories has demonstrated that its Quality Management System is in compliance with certification to ISO 9000:2008. The scope of this registration is: providing state of the art petrophysical and geological analysis and interpretation of core samples from rock.

      Qualified Person

      The resource evaluation work was completed by Mr. Michael Rosko of E.L. Montgomery and Associates. Mr. Rosko is a Registered Geologist in Arizona, California, and Texas and a qualified person (QP) as defined in NI 43-101. Hydrologists from M&A are on site at Sal de Vida during all drilling and sampling operations; and the team has experience at 17 salars in the Americas, including Salar de Atacama and other lithium bearing salars. Mr. Rosko and M&A are completely independent of Lithium One. Mr. Rosko has read and approved the content of this news release. A Technical Report prepared under the guidelines of NI 43-101 standards describing the resource estimation will be filed on SEDAR within 45 days of this release.

      About Lithium One:

      Lithium One Inc. is well positioned to be a next-generation low cost producer of lithium and potash. The Company has two major projects advancing to feasibility in 2012: the Sal de Vida lithium and potash brine project in Argentina and the James Bay bulk tonnage spodumene project in Quebec. The October 2011 preliminary economic assessment by ARA Worley Parsons for the Sal de Vida project outlined an operation producing 25,000 tonnes pa lithium carbonate and 107,000 tonnes pa potash, with a 28% internal rate of return ("IRR") and a US$1.066 billion net present value ("NPV") at an 8% discount rate. End-user partners are earning a maximum 30% project equity in Sal de Vida by funding $15M towards feasibility, providing an off-take agreement for up to 50% of the lithium production, and providing a completion guarantee for the debt component of the capital development costs. Galaxy Resources is earning a maximum 70% project equity in the James Bay Project through an earn-in agreement that includes delivery of a feasibility study by early 2013. The Company's strategy is to draw upon its quality team and employ best practice to develop its projects into leading suppliers of low-cost, high quality lithium products to the global market.

      ON BEHALF OF THE BOARD OF DIRECTORS,

      Paul Matysek, Chief Executive Officer

      Forward-Looking Statements

      This document may contain "forward-looking information" within the meaning of Canadian securities legislation (hereinafter referred to as "forward-looking statements"). All statements, other than statements of historical fact, included herein including, without limitation statements relating to the Preliminary Economic Assessment, estimated capital and operating costs, productions rates, cash flows, rates of return, mine life or mineral resources, securing of debt for future project construction, purchase of future mine production, the timing for completion of an Feasibility Study and other matters related to the exploration and development of the Project, are forward-looking statements. These forward-looking statements are made as of the date of this document and the Company does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management's expectations or beliefs regarding future events. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions, title disputes as well as those factors detailed from time to time in the Company's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com.

      In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements.

      (i) Data from SEDAR, EDGAR and The Economics of Lithium, Eleventh Edition, Roskill Information Services, 2009.

      (ii) Lithium One NI 43-101 Technical Report on the Sal de Vida Project, April 2010. Filed on SEDAR.

      Neither the 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.

      Contacts:
      Lithium One Inc.
      1010-130 Adelaide Street West,
      Toronto, ON M5H 3P5 Canada
      info@lithium1.com
      www.lithium1.com

      Marketwire
      January 25, 2012 - 7:00 AM EST
      Avatar
      schrieb am 27.01.12 14:16:49
      Beitrag Nr. 146 ()
      http://www.theenergyreport.com/pub/co/773

      Expert Analysis

      The Energy Report Interview with Daniela Desormeaux (1/26/12) "Lithium One is in a very advanced stage of development, and it is very well ranked in our signumBOX ranking. One of its upsides is that it is located in Salar del Hombre Muerto. It's the only startup that actually is operating in Argentina. So it has really good prospects for the future." More >

      Matt Gowing, Mackie Research (1/20/12) "Identified lithium and potash grades in [Lithium One Inc.'s Sal de Vida] program were approximately 10% higher than those of the NI 43-101 resource previously announced. These new drill results will contribute to a reclassification and expansion of the resource in a new resource estimate. . .the Sal de Vida lithium/potash brine project is on track to become one of the lowest-cost lithium projects in the world, with a meaningful potash kicker."

      Matt Gowing, Mackie Research (1/3/12) "South Korea is on the hunt for quality lithium assets: Korea's $11.8B resource investment announcement, and the increased 'self-sufficiency target' is clearly a win for investors in companies that are developing lithium and rare earth projects. . .Lithium One Inc. already has a strong relationship with the Koreans and likely benefits. . .the company is a Buy with a low-risk project with take-out potential."

      The Gold Report Interview with Alain-Jean Beauregard (12/23/11) "There is a big interest and a lot of activity around rare earth and lithium. . .In the James Bay area, Lithium One Inc. [is] advancing its projects at a fast pace toward production." More >

      Matt Gowing, Mackie Research (12/15/11) "We are initiating coverage on Lithium One Inc. with a Speculative Buy recommendation and a 12-month target price of $2.60/share. . .its Sal de Vida project has highly favorable brine chemistry that should lend itself to straightforward plant design and operation. . .a recent positive preliminary economic assessment (PEA) places the project in a class of a select few peers and supports its advanced status: The PEA indicates that Sal de Vida should run at an operating cost competitive with the lowest-cost projects in the world."
      Avatar
      schrieb am 30.03.12 17:13:20
      Beitrag Nr. 147 ()
      :kiss::kiss::kiss:


      Galaxy Resources to Buy Canada’s Lithium One


      Galaxy Resources is set to acquire Canada-listed Lithium One in an all-share deal that values the target at C$109 million (US$109 million), a person familiar with the matter told Deal Journal Australia Friday.

      Perth-based Galaxy is poised to offer 1.8 of its own stock for each Lithium One share, the person said.

      Lithium One owns the Sal de Vida project in Argentina that contains both lithium and potash, a mineral used in fertilizers. The Toronto-listed company also owns the James Bay project in Quebec which contains lithium pegmatite, a project that Galaxy has an existing 20% interest. In December 2010, Galaxy signed an agreement to acquire up to 70% of James Bay.

      Galaxy owns a Western Australian lithium mine as well as a lithium carbonate plant in China’s Jiangsu Province.

      Demand for lithium has grown sharply over the past decade, driven mainly by its increased usage in batteries for mobile phones, tablet computers and in electric vehicles like Toyota Motor Corp.’s record-selling Prius.

      Lithium One was advised by BMO Capital Markets and Galaxy was advised in Australia by Azure Capital and Allion Legal and in Canada by Paradigm Capital and Fasken Martineau DuMoulin.
      Avatar
      schrieb am 30.03.12 19:14:14
      Beitrag Nr. 148 ()
      March 30, 2012 12:50 ET
      Lithium One Announces Merger With Galaxy Resources Limited Valued at Approximately C$112 Million





      VANCOUVER, CANADA--(Marketwire - March 30, 2012) -

      NOT FOR DISSEMINATION IN THE UNITED STATES

      Lithium One Inc. (the "Company" or "Lithium One") (TSX VENTURE:LI) is pleased to announce that Lithium One and Galaxy Resources Limited (ASX:GXY) of Australia ("Galaxy") have entered into a definitive arrangement agreement (the "Agreement") pursuant to which a wholly owned subsidiary of Galaxy will acquire by way of a court-approved plan of arrangement (the "Arrangement") all of the outstanding securities of Lithium One.

      Holders ("Shareholders") of common shares of Lithium One (the "Common Shares") will be entitled to receive the greater of (a) 1.80 ordinary shares of Galaxy (the "Galaxy Shares") or (b) the number of Galaxy Shares determined by dividing C$1.55 by the Canadian dollar equivalent of the offering price per Galaxy Share under Galaxy's public offering to be conducted immediately following the public announcement of the Arrangement (the "Offering"), in exchange for each issued and outstanding Common Share. Certain eligible Shareholders may elect to receive all or a part of their consideration in the form of exchangeable shares ("Exchangeable Shares") of a Canadian subsidiary ("Canco") of Galaxy in place of the Galaxy Shares, to allow such Shareholders to potentially benefit from a deferral of capital gains tax consequences, pursuant to the terms of the Arrangement Agreement.

      The implied value of the share consideration is C$1.55 per Lithium One share (based on the 5 day volume weighted average trading price ("VWAP") of Galaxy Shares on the Australian Stock Exchange up to and including 15 March, 2012 when Galaxy's non-binding indicative proposal was submitted to Lithium One) representing a 40% premium to Lithium One's 5 day VWAP on the TSX Venture Exchange (the "TSX-V") up to and including March 14, 2012. The offer values Lithium One at approximately C$112 million on an undiluted basis as at 15 March 2012. Based on the 20 day VWAP as at March 29, 2012 for Galaxy and Lithium One of A$0.885 and C$1.29 respectively and a C$:A$ exchange rate of 0.965, the offer represents a premium to Lithium Shareholders of 40%.

      With respect to other securities of Lithium One, holders ("Optionholders") of options to acquire Common Shares ("Options") that are "in the money" will be entitled to receive, in respect of each Option, Galaxy Shares in accordance with an exchange ratio as set out in the Agreement and holders ("Noteholders") of convertible notes of the Company ("Notes") would receive a Galaxy convertible note in exchange for each issued and outstanding Note.

      Galaxy is immediately undertaking an equity financing to strengthen the merged entity balance sheet and provide financial flexibility with its development plans. Galaxy has indicated that its intention is to undertake an equity raising of A$50 million with provision for oversubscriptions based on demand. If the final Canadian dollar equivalent issue price per ordinary share for the Galaxy financing results in an implied value to Lithium One shareholders of less than C$1.55, the Galaxy Shares consideration will be adjusted from 1.80 to the number of Galaxy Shares resulting from dividing C$1.55 by the Canadian dollar equivalent of the issue price per Galaxy ordinary share.

      Transaction Benefits

      Both Lithium One and Galaxy believe there are a number of compelling reasons to consider a merger and that the proposed transaction provides a strong value proposition to all stakeholders.

      Lithium One's security holders will have the opportunity to become part of a vertically integrated lithium company of global significance. Galaxy, upon completion of the Arrangement, will have a portfolio of production and development assets located on four continents, comprising hard rock and brine resource projects and processing facilities, including:

      The Mt Cattlin project, an operating spodumene mine which contains the third largest JORC-compliant (or similar) hard rock lithium Ore Reserve globally;
      The Jiangsu Plant, which will be the largest and most modern hard rock lithium carbonate plant in the world;
      The Sal de Vida project, a large, high quality brine development project located adjacent to one of the world's largest existing lithium producers;
      The James Bay project, a longer term development project which presents a future opportunity to supply the North American market; and
      The Jiangsu Lithium Battery project, a value adding downstream project to supply lithium-ion batteries to the rapidly growing electric bicycle and electric vehicle market.

      The Lithium One Shareholders will diversify their risk by being invested in a company with multiple operations, that is already a lithium producer with the potential to obtain near term benefit from rising lithium prices whilst continuing to enjoy exposure to Lithium One's current development projects.

      The Board of Directors of Lithium One has unanimously approved the terms of the Arrangement and resolved to recommend to the holders of Lithium One securities that they vote in favour of the Arrangement. In determining to recommend to the holders of Lithium One securities, the Board of Directors considered a number of factors and relied, in part, on an opinion to the Board of Directors from BMO Capital Markets (financial advisors to Lithium One) that, as of the date of such opinion and subject to the assumptions, limitations and qualifications stated in such opinion, including that Galaxy complete the proposed equity financing, the consideration to be received by the Lithium One shareholders pursuant to the Arrangement is fair, from a financial point of view, to such shareholders.

      The directors and senior officers of Lithium One, holding in aggregate approximately 13% of the fully diluted share capital of Lithium One, have entered into voting agreements with Galaxy, pursuant to which they have agreed to vote their securities (including Options) in favour of the Arrangement, subject to certain exceptions. In addition, as of the date hereof, certain Noteholders, representing approximately 100% of the outstanding Notes, have indicated their support for the Galaxy offer, subject to certain conditions.

      Commenting on the Arrangement, Lithium One's Chairman, Martin Rowley, said, "This offer represents an excellent opportunity for Lithium One shareholders to realize immediate and substantial value by exchanging their Lithium One Shares for Galaxy Shares and yet retain the opportunity to continue to share in the success of the Sal de Vida and James Bay projects.

      The Lithium One Board and management have done an outstanding job in adding value to its lithium assets within a short period of time, which has been reflected in the attractive offer received from Galaxy. Combining the assets of both Lithium One and Galaxy will result in a fully integrated company that will be a major player in the lithium sector."

      Galaxy's Managing Director, Iggy Tan, said, "A merger with Lithium One represents an excellent opportunity for Galaxy to boost its global lithium resource base and become a major lithium company.

      Galaxy has spent the last 18 months searching the world for a high quality, undeveloped lithium brine deposit and we believe Lithium One's Sal de Vida lithium-potash project in Argentina fits that criterion. The Sal de Vida brine chemistry is highly favourable, with high levels of lithium and potash and low levels of magnesium and sulphate impurities.

      Galaxy will require more lithium resources over the next few years and the Sal de Vida project, along with the James Bay project, will significantly add to our existing Australian resource base at Mt Cattlin and give us sufficient resources to continue to grow the lithium business and drive the long-term value of the company.

      The merger is not only a good strategic fit for Galaxy, it also represents an opportunity for Lithium One shareholders to become part of a lithium producing company with hard rock and brine assets around the world plus downstream lithium carbonate production facilities at Jiangsu in China, one of the principal markets for our product.

      With Galaxy's expertise across project development and lithium mining, processing and marketing, we will aim to fast track development of Sal de Vida as we did at Mt Cattlin and the Jiangsu Lithium Carbonate Plant. Galaxy plans to retain Lithium One's current management team and incorporate it into Galaxy's successful business."

      The Arrangement

      The Arrangement will be carried out by way of a statutory plan of arrangement pursuant to the Business Corporations Act (Ontario) and must be approved by the Court of Queen's Bench of Ontario and the affirmative vote of Lithium One's security holders at a special meeting to be called by management of the Company. At the meeting, the Arrangement will require approval of (a) Shareholders holding at least 66 2/3% of the common shares, voting in person or by proxy; (b) Shareholders and Optionholders holding at least 66 2/3% of the common shares and Options represented at the meeting, voting together in person or by proxy; (c) Noteholders holding 66 2/3% of the principal amount of the Notes represented at the meeting, in person or by proxy; and (d) a majority of the minority, in accordance with National Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.

      The Arrangement is also subject to the approval of the TSX-V.

      Galaxy shareholder approval of the merger is also required. Galaxy shareholders holding 16% of the undiluted capital of Galaxy have confirmed their intention to vote in favour and support the Arrangement.

      The Arrangement is expected to close in late May 2012, shortly after receipt of all security holder and court approvals. Pursuant to the terms of the Arrangement, it is expected the shares of Lithium One will be de-listed from the TSX-V.

      Full details of the Arrangement will be included in a management information circular ("Circular") of Lithium One to be filed with securities regulatory authorities and mailed to Lithium One Shareholders in due course. Once mailed, a copy of the Circular and the Agreement will be available under Lithium One's SEDAR profile at www.sedar.com.

      Each of Lithium One and Galaxy has agreed to non-solicitation provisions, which provide for a "fiduciary-out", subject to a right to match, in the event either Lithium One or Galaxy receives a superior proposal. In addition, in certain circumstances, if one of the parties' board of directors authorizes it to enter into an agreement with a third party or to complete a transaction with a third party in connection with a superior proposal, a termination fee of C$3,000,000 may be payable by either Lithium One or Galaxy, as applicable, pursuant to the terms of the Agreement.

      Immediately following completion of the proposed merger, Lithium One Chairman Martin Rowley and CEO Paul Matysek would be added to Galaxy's board of directors as non-executive directors. Galaxy's current Chairman and Managing Director would retain their existing positions. Galaxy proposes that key Lithium One management wishing to continue with the merged company be offered ongoing positions.

      Advisors

      Lithium One's financial advisor is BMO Capital Markets; its legal advisor is Blake, Cassels & Graydon LLP in Canada, Paul, Weiss, Rifkind & Garrison LLP in the United States and Allen & Overy LLP in Australia.

      About Lithium One

      Lithium One's principal asset is the Sal de Vida lithium and potash brine project in Argentina. The November 18, 2011 preliminary economic assessment by ARA Worley Parsons for the Sal de Vida project outlined an operation producing 25,000 tonnes pa lithium carbonate and 107,000 tonnes pa potash, with a 28% internal rate of return ("IRR") and a US$1.066 billion net present value ("NPV") at an 8% discount rate (further to a press release dated October 5, 2011). The preliminary economic assessment is available under Lithium One's profile at www.sedar.com. End-user partners are earning a maximum of 30% project equity in Sal de Vida by funding a minimum of US$15M towards feasibility, by providing an off-take agreement for up to 50% of the lithium production and providing a completion guarantee for the debt component of the capital development costs.

      The Company also owns the James Bay bulk tonnage spodumene project in Quebec. Galaxy is earning a maximum 70% project equity in the James Bay project through an earn-in agreement that includes delivery of a feasibility study by early 2013.

      About Galaxy

      Galaxy Resources Ltd is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange (ASX:GXY) and is a S&P/ASX 300 Index Company. Galaxy wholly owns the Mt Cattlin project near Ravensthorpe in Western Australia where it mines lithium pegmatite ore and processes it on site to produce a spodumene concentrate and tantalum by-product. At full capacity, Galaxy expects to be able to process 137,000 tpa of spodumene concentrate and 56,000 lbs per annum of contained tantalum. The concentrated spodumene is shipped to Galaxy's wholly-owned lithium carbonate plant in China's Jiangsu province. Once complete, the Jiangsu plant is expected to produce 17,000 tpa of battery grade lithium carbonate, which, on that basis and current global production, would make Galaxy the largest producer in the Asia Pacific region and the fourth largest in the world. The Jiangsu plant is in the final stages of commissioning with first production of lithium carbonate from processing Mt Cattlin spodumene expected before the end of March. Galaxy has successfully completed offtake or distribution agreements for what it anticipates will be 100% of the production from Jiangsu with Mitsubishi Corporation of Japan and 13 major Chinese cathode producers. Galaxy is also advancing plans for a lithium-ion battery plant, to produce 620,000 battery packs per annum for the electric bike (e-bike) market.

      More information on Galaxy can be viewed at www.galaxylithium.com.


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