Lithium Americas Corp. -> Magna hält 13,3% -seit Mai an der TSX und OTC handelbar - 500 Beiträge pro Seite

[emittent]

scheinen ein sehr aussichtsreiches Gebiet in Argentinien zu haben;
erste Berichte sind durch - Upgrade wurde gerade bekanntgegeben...
-->>>
Lithium Americas Corp. Announces Significant Resource Upgrades to its Cauchari-Olaroz Lithium–Potassium Property in Argentina
November 8, 2010
* 43-101 inferred resource upgraded to measured and indicated
* Overall resource estimate grew over 50%
* Average lithium grades increased between 4% and 13%

MAGNA und Mitsubishi Motors sind mit Anteilen vertreten...

haben am 13 May ihr $45m IPO an der TSX gemacht (2010)
Info's:
http://www.lithiumamericas.com/

-> auf die Watchlist gesetzt;
gerade ein schöner Rücksetzer an beiden Handelsplätzen...

[Popeye82]

[Hasardeur666]

Bald 10 Mio Stück Umsatz heute.

[KaOzz]

8 Mio t Li
18 Mio t Pot

ca 150.000 h Land

37,5 Mio USD Cash

Magna und Mitsubishi als Partner?

==================

Klingt erstmal gut

[KaOzz]

Antwort auf Beitrag Nr.: 40.677.040 von KaOzz am 08.12.10 23:46:48

Gerade noch beim stöbern gefunden:

Pasquale DiCapo Acquires Securities of Lithium Americas Corp.

Mr. Pasquale DiCapo ("DiCapo"), 130 King Street West, Suite 2500, Toronto,
Ontario M5X 1A9 announces that, on December 10, 2010, he acquired ownership of
350,000 common shares of Lithium Americas Corp. ("LAC") which securities were
acquired by DiCapo directly. These securities represent approximately 0.47% of
the current issued and outstanding common shares of LAC (the "Common Shares").


Immediately following the transaction noted above, DiCapo owned: (i) 5,527,911
Common Shares, of which 4,643,432 such Common Shares are owned by DiCapo
directly and 884,479 such Common Shares are owned by DiCapo indirectly; and (ii)
121,716 common share purchase warrants (the "Warrants") (with each Warrant
entitling the holder thereof to acquire an additional Common Share), which are
owned by the Offeror directly. Such securities represent approximately 7.46% of
the current issued and outstanding Common Shares (or approximately 7.61% on a
partially diluted basis, assuming exercise of the Warrants only). In addition,
immediately following the transaction noted above, a joint actor of DiCapo owned
2,009,541 common share purchase warrants of LAC (the "Joint Actor Warrants")
(each Joint Actor Warrant entitling the holder thereof to acquire an additional
Common Share), which securities were acquired by the joint actor directly. Such
securities (i) represent approximately 2.64% of the current issued and
outstanding Common Shares on a partially diluted basis, assuming exercise of the
Joint Actor Warrants only; and (ii) when taken together with the securities
owned by DiCapo, represent approximately 7.46% of the current issued and
outstanding Common Shares (or approximately 10.04% on a partially diluted basis,
assuming exercise of the Warrants and Joint Actor Warrants only).


DiCapo acquired the Common Shares through the facilities of the Toronto Stock
Exchange.


These transactions were made for investment purposes and DiCapo and his joint
actor may from time to time acquire additional securities of LAC, dispose of
some or all of the existing or additional securities of LAC they hold or will
hold, or may continue to hold their current positions depending on market
conditions or any other relevant factor.




To obtain a copy of the report filed pursuant to applicable securities
regulations in connection with the foregoing, please contact:
Shaun Drake
DSA Corporate Services Inc.
Tel: [phone]
Fax: [phone]
[e-mail]
50 Richmond Street East,
Suite 101,
Toronto, ON M5C 1N7





Ansonsten ein Frohes Fest!

[KaOzz]

Antwort auf Beitrag Nr.: 40.751.494 von KaOzz am 22.12.10 16:29:08

Lithium Americas Completes Significant Operational Milestones at Cauchari-Olaroz

Completion of Two Production Wells
Large Scale Pilot Evaporation Pond Completed and Filled

TORONTO, ONTARIO, Jan. 6, 2011 (Marketwire) --

Lithium Americas Corp. (TSX:LAC) ("Lithium Americas" or the "Company"), today announced that it has further advanced the development of its Cauchari-Olaroz lithium-potash project in Argentina with the completion of several key operational milestones.

Production Drilling Program

The Company has completed a two-well production drilling program, which consists of two 17 inch production wells and ten 5 1/4 inch monitoring wells. The production wells are being used to test the pumping rates in the aquifers down to a depth of 200 meters, while the monitoring wells are designed to monitor the production wells as they drain down the aquifers. Testing has commenced and will continue over the next several months.

Evaporation Ponds

Lithium Americas has also successfully completed and filled its first large scale pilot evaporation pond (45 meters x 14 meters). The pond is designed to produce concentrated brine for the production of lithium carbonate at pilot scale, further defining the path to commercial production.

The Company has also completed the excavation and initial construction of a larger pilot evaporation pond (100 meters x 100 meters) and has begun installation of the pond liner. Several other smaller ponds will be in construction during the first quarter of 2011. These ponds will also be filled with brine extracted from the production wells and will be used to fine tune the overall evaporation process. The scale of these ponds is 1/600th of the expected size of the final commercial ponds.

"The completion of the production wells and the construction and filling of the large scale pilot evaporation pond represents the successful completion of another significant milestone in the advancement and commercialization of the Cauchari-Olaroz project, the third largest lithium brine deposit in the world," said Waldo Perez, President & CEO of Lithium Americas Corp. "This demonstrates that Lithium Americas remains on schedule to complete its Preliminary Economic Assessment in the first quarter of 2011, and to have a decision on mine construction in 2012."

Photos of the ponds and on site facilities are available on the Company's website at www.lithiumamericas.com

John Kieley, P.Geo., is the internal Qualified Person for the Cauchari-Olaroz lithium project in accordance with NI 43-101. Mr. Kieley has read and approved the contents of this news release.

About the Company

Lithium Americas Corp. is a Company focused on the development of lithium and potassium projects in South America. The Company's principal and most advanced property comprises a significant portion of two adjacent Argentinean salt lakes (salars), Cauchari and Olaroz, covering 64,572 hectares located in the Puna Plateau. The Puna Plateau is the most prolific brine reserve region globally, hosting approximately 84 percent of the world's lithium brine reserves. To the best knowledge of Lithium Americas, its principal property is the 3rd largest lithium brine resource in the world. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas. Additional information concerning the Company's Cauchari-Olaroz project and its in situ resource can be obtained from its NI 43-101 technical report dated Monday December 6th, 2010 and filed on SEDAR.

[KaOzz]

Bericht zu LAC aus dem Northern Miner:

http://www.lithiumamericas.com/_resources/02038-Lithium_Amer…

[KaOzz]

Interessant aus der Presse:

Orocobre secures approval for Argentine lithium project

OROCOBRE has secured Argentine approval of its environmental impact statement.

The agreement has cleared a major regulatory hurdle in its plan to open a new lithium mine in the country's north.

The Argentine province of Jujuy gave Orocobre's Salar de Olaroz project the green light on December 31, the company said.

"This is a major milestone," Orocobre managing director Richard Seville said.

The salt lakes in the Puna Plateau of Jujuy province have attracted a clutch of intending lithium miners hoping to cash in on surging demand to make batteries for a growing worldwide fleet of electric cars.

Orocobre expects to wrap up the project feasibility study in the first quarter of this year and be in commercial production by 2012.

It expects the Olaroz lithium brine mine to initially produce 15,000 tons of lithium carbonate annually, in addition to 36,000 tons per year of the key fertiliser, potash, but is optimistic production will grow from that.

Orocobre is one of a handful of companies pressing on with lithium brine mining projects, which have attracted backing from a number of Asian companies hungry for the light metal.

Last year, Orocobre signed a supply deal with Toyota Tsusho, which is 21.8 per cent-owned by Toyota.

Toyota will take a 25 per cent stake in the Salar de Olaroz project in exchange for financing the feasibility study.

In addition, Canada's Lithium Americas is developing the Cauchari-Olaroz site and has enticed two key strategic investors to provide financing in exchange for discounted supply contracts.

Japanese car maker Mitsubishi holds about 4 per cent of the company's shares, while Canadian automotive parts manufacturer Magna International holds a stake of about 13 per cent.

Mitsubishi and Magna have also conditionally agreed to help finance construction.

Lithium Americas has had some encouraging drilling results and expected to make a decision on mine construction in 2012, the company said.

South Korean government-owned Korea Resources formed a consortium last year with GS Caltex and LG International to invest $US15 million in exploration and a feasibility study at Argentina's Sal de Vida lithium deposit, in return for a 30 per cent stake in a joint venture with Canada's Lithium One.

While there is currently an unprecedented boom in lithium exploration in Argentina, its production is nothing new to the region.

Existing mines in Argentina and Chile operated by Rockwood Holdings subsidiary Chemetall Foote, as well as Sociedad Quimica y Minera de Chile and FMC, account for more than half of the world's output.

In addition, neighbouring Bolivia has the world's largest lithium brine reserves.



Quelle

[KaOzz]

Also ich lese mir gerade den Northern Miner Bericht durch. LAC ist also ein Spin-Off von Latin American Metals und sie sind mehr oder weniger per Zufall auf die Lithium-Resource gestoßen.

Sollte jedenfalls der Trend der Elektrifizierung des Autos weiter forciert werden, die Stätte rechtzeitig in Produktion gehen, weitere Abnehmer gefunden und Kredite statt Verwässerung in Anspruch genommen werden... dann wird das hier ein ziemlicher Renner... vllt. DER Renner im Lithium-Sektor.

Die 2.30 CAD sind sicher kaum ne Hürde.

Hoffen wir, dass sich das Umfeld weiterhin so positiv entwickelt (E-Autos, Wirtschaft in China, Haushalt in Argentinien, steigende Ölpreise, etc.)

Grüße

[KaOzz]

Antwort auf Beitrag Nr.: 40.827.115 von KaOzz am 09.01.11 02:28:08

Lithium Americas Announces Financial and Operating Results For The Periods Ended November 30, 2010




-- Major operational advancements include defining the 3rd largest known lithium brine resource in the world
-- Completion of production wells and large scale pilot evaporation ponds
-- Over $23 million incurred in exploration to date
-- Strong cash po

TORONTO, ONTARIO, Jan. 17, 2011 (Marketwire) --

Lithium Americas Corp. (TSX:LAC) ("Lithium Americas" or the "Company") today reported its financial and operating results for the three and nine month periods ended November 30, 2010. All amounts are expressed in Canadian dollars, unless otherwise indicated.

To November 30, 2010 a total of $27.3 million has been invested in property rights and exploration on the Company's principal and most advanced lithium potash property in Argentina (the "Cauchari-Olaroz Properties"). During the three and nine months ended November 30, 2010 the Company incurred $5.1 million and $17.4 million, respectively, to complete exploration and commence engineering activities necessary to advance the project to feasibility. For the three and nine months ended November 30, 2010 the Company reported losses of $1.4 million and $4.5 million, respectively. As at November 30, 2010 the Company had $30.7 million in cash and cash equivalents and positive working capital of $28.5 million.

"In 2010 Lithium Americas outlined a number of significant milestones crucial to the development of the Cauchari-Olaroz Properties, and we have achieved each one on time and on budget," stated Dr. Waldo Perez, President and CEO of Lithium Americas. "Most recently, we filed our 43-101 technical report, which identifies the Cauchari-Olaroz Properties as the 3rd largest known lithium brine resource in the world, with brine chemistry that compares very favourably to current producing mines. We have produced lithium carbonate at laboratory scale, completed a two-well production drilling program, and have constructed and filled large scale evaporation ponds designed to produce lithium at pilot scale on site. Our Preliminary Economic Assessment remains on schedule to be released in Q1 2011 and we continue to target mine construction in 2012. Given our successful progress to date, we feel confident that Lithium Americas' Cauchari-Olaroz Properties is one of the most advanced lithium brine projects in the world."

Operational highlights during the periods ended November 30, 2010 include:



-- Completion of a NI 43-101 compliant resource estimate identifying that
Lithium Americas' resource increased by more than 60 percent from the
previous estimate and the average lithium grades increased by up to 13
percent. The in situ lithium carbonate and potash resource equivalents
were estimated at 8 million tonnes (5.3 million tonnes measured and
indicated) and 25 million tonnes (17.2 million tonnes measured and
indicated), respectively.

-- Completion of a two-well production drilling program, allowing the
Company to test pumping rates in the aquifers. Testing has commenced and
will continue over the next several months.

-- Completion and filling of a large scale pilot evaporation pond (45
meters x 14 meters). The pond is designed to produce concentrated brine
for the production of lithium carbonate at pilot scale, further allowing
the Company to define the path to commercial production.

-- Completion of excavation of a larger pilot evaporation pond (100 meters
x 100 meters) and commencement of pond liner installation. Pictures of
this large scale pond and liner installation can be viewed at
www.lithiumamericas.com. Construction of additional ponds will commence
during the first quarter of 2011. These ponds will also be filled with
brine extracted from the production wells and will be used to refine the
overall evaporation process.

-- Appointment of Mr. Ian Fodie as the Company's Chief Financial Officer.
Mr Fodie, a New Zealand qualified Chartered Accountant, brings over 25
years of international and operational experience, in addition to
significant capital markets experience, to the Lithium Americas team.

-- Inclusion in the Global X Lithium Exchange Traded Fund ("ETF"). The ETF
tracks the Solactive Global Lithium Index and is designed to reflect the
performance of the largest and most liquid listed companies that are
active in the exploration and / or mining of lithium or the production
of lithium batteries.



The Company's unaudited condensed consolidated interim financial statements, and management discussion and analysis have been filed and are available in the SEDAR database at www.sedar.com or on the Company's website www.lithiumamericas.com.

About the Company

Lithium Americas Corp. is one of the largest, most advanced, lithium brine development projects in the world. The Company's principal and most advanced property comprises a significant portion of two adjacent Argentinean salt lakes (salars), Cauchari and Olaroz, covering 64,572 hectares located in the Puna Plateau. The Puna Plateau is the most prolific brine reserve region globally, hosting greater than 80 percent of the world's lithium brine reserves. To the best knowledge of Lithium Americas, its principal property is the 3rd largest known lithium brine resource in the world. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas. Additional information concerning the Company's Cauchari-Olaroz Properties and its in situ resource can be obtained from its NI 43-101 technical report dated Monday December 6th, 2010 and filed on SEDAR.

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as "could", "potential", "believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company's prospectus dated May 6, 2010 for a list of risks associated with the Company, and its business.

Lithium Americas Corp.
Chief Financial Officer
[phone]

[e-mail]

Lithium Americas Corp.
VP Corporate Development
[phone]

[e-mail]
www.lithiumamericas.com

[KaOzz]

Yo, geht ja ab wie Schmidt's Katze

[KaOzz]

Noch sträubt sich der preis gegen einen downmove

[KaOzz]

als wäre börse vorhersehbar

nächstes Ziel 1,90 CAD

[KaOzz]

Antwort auf Beitrag Nr.: 41.005.705 von KaOzz am 08.02.11 21:25:34

soll natürlich kein Höhenflug sein, nur Freude über meine (schwer erarbeitete, langjährige) Disziplin.

[DerRohstoffbulle]

Lithium Americas Corp. Included in Global Lithium ETF

TORONTO, ONTARIO, Dec. 7, 2010 (Marketwire) -- Lithium Americas Corp. (TSX:LAC) ("Lithium Americas" or the "Company"), today announced that it has recently been included in the Global X Lithium Exchange Traded Fund ("ETF").

The ETF, launched by Global X Funds, tracks the Solactive Global Lithium Index. This index is designed to reflect the performance of the largest and most liquid listed companies that are active in the exploration and / or mining of lithium or the production of lithium batteries.

"We see inclusion in the lithium ETF as affirmation that Lithium Americas is one of the largest and most advanced companies in the lithium exploration and development industry," said Waldo Perez, President and CEO of Lithium Americas Corp. "Having recently defined the third largest lithium brine deposit in the world, and already producing lithium carbonate at laboratory scale, we are focussed on completing our Preliminary Economic Assessment in Q1 2011 and are targeting mine construction for 2012, subject to final feasibility. Given our successful progress to date, and the advanced state of our project, we feel confident that Lithium Americas will be one of the first large-scale lithium brine producers to begin commercial production."

About the Company

Lithium Americas Corp. is a Company focused on the development of lithium and potassium projects in South America. The Company's principal and most advanced property comprises a significant portion of two adjacent Argentinean salt lakes, Cauchari and Olaroz, covering 64,572 hectares located in the Puna Plateau. The Puna Plateau is the most prolific brine reserve region globally, hosting approximately 84 percent of the world's lithium brine reserves. To the best knowledge of Lithium Americas, its principal property is the 3rd largest lithium brine resource in the world. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas. Additional information concerning the Company's Cauchari-Olaroz project and its in situ measured, indicated and inferred resource can be obtained from its NI 43-101 technical report dated Monday December 6th, 2010 and filed on SEDAR.

[KaOzz]

Antwort auf Beitrag Nr.: 41.141.829 von DerRohstoffbulle am 03.03.11 16:48:51

ätsch, war schon vor Dir hier, hab den laden aber noch nich aufgekauft

[DerRohstoffbulle]

du hast ihn nicht aufgekauft... schaun wir mal, wer in letzter zeit permanent zukauft:

Transaction
Date Filing
Date Insider Name
Ownership
Type Transaction
Nature Security Designation
Units or Value
Transacted % Holdings Change *Indicates percentage change of shares or units for the account in which the security is held.
Many insiders have more than one account and the balance for each is calculated separately.
See Holdings Summary for balances across all ownership types as reported in SEDI. Unit
Price
Feb 28/11 Mar 02/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Direct Ownership 10 Public market buy Common Shares
15,000
0.5% $2.20
Feb 22/11 Feb 24/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 10 Public market buy Common Shares
25,000
0.5% $2.30
Jan 31/11 Feb 03/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 10 Public market buy Common Shares
25,000
0.5% $2.50
Jan 18/11 Jan 21/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 10 Public market buy Common Shares
50,000
1.0% $2.25
Jan 18/11 Jan 18/11 10% Holder or Executive DiCapo, P. View DiCapo, Pasquale's Profile Direct Ownership 10 Public market buy Common Shares
94,600
2.0% $2.51
Jan 17/11 Jan 20/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 10 Public market buy Common Shares
25,000
0.5% $2.30
Jan 13/11 Jan 17/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 10 Public market buy Common Shares
50,000
1.1% $2.28
Jan 05/11 Jan 07/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Direct Ownership 10 Public market buy Common Shares
25,000
0.9% $2.05
Jan 04/11 Jan 07/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Direct Ownership 10 Public market buy Common Shares
75,300
2.7% $1.98
Dec 30/10 Jan 04/11 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 10 Public market buy Common Shares
100,000
2.2% $1.83
Dec 17/10 Dec 20/10 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 00 Opening report Warrants
125,000
n/a
Dec 17/10 Dec 20/10 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Direct Ownership 00 Opening report Common Shares
2,775,600
n/a
Dec 17/10 Dec 20/10 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Indirect Ownership: Self-Directed RRSP of Sheldon Inwentash 00 Opening report Common Shares
10,000
n/a
Dec 17/10 Dec 20/10 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Direct Ownership 00 Opening report Warrants
125,000
n/a
Dec 17/10 Dec 20/10 10% Holder or Executive Inwentash, S. View Inwentash, Sheldon's Profile Control or Direction: Pinetree Capital Ltd. 00 Opening report Common Shares
4,600,000
n/a
Dec 10/10 Dec 13/10 10% Holder or Executive DiCapo, P. View DiCapo, Pasquale's Profile Direct Ownership 00 Opening report Common Shares
4,293,432
n/a
Dec 10/10 Dec 13/10 10% Holder or Executive DiCapo, P. View DiCapo, Pasquale's Profile Direct Ownership 10 Public market buy Common Shares
350,000
8.2% $1.69
Dec 10/10 Dec 13/10 10% Holder or Executive DiCapo, P. View DiCapo, Pasquale's Profile Control or Direction: PowerOne Capital Corp. 00 Opening report Common Shares
884,479
n/a
Dec 10/10 Dec 13/10 10% Holder or Executive DiCapo, P. View DiCapo, Pasquale's Profile Direct Ownership 00 Opening report Warrants
121,716
n/a
Dec 10/10 Dec 13/10 10% Holder or Executive DiCapo, P. View DiCapo, Pasquale's Profile Control or Direction: PowerOne Capital Markets Limited 00 Opening report Warrants
2,009,541
n/a

[DerRohstoffbulle]

und was sehen wir da...

[KaOzz]

UPDATE 1-Lithium Americas says Argentina project may face hurdles
Mon, Mar 7 2011

* Says Jujuy Province govt to review environment permits

* Review may raise bar for final permit for Cauchari-Olaroz project

* Says review will not effect feasibility studies

* Construction of lithium carbonate plant to start in April

* Shares fall 5 pct (Follows alerts)

March 7 (Reuters) - Lithium Americas Corp said environmental permits review by a provincial government in Argentina may raise the bar for a final mining permit for its Cauchari-Olaroz Lithium in the South American country but will not affect current development.

Last week, the governor of Jujuy Province in Argentina declared lithium a strategic mineral and asserted that environmental approval of exploration and exploitation will be reviewed by a committee.

Exploration and development permit applications for Cauchari-Olaroz were approved in late 2009 and the company is fully permitted through final feasibility, Lithium Americas said in a statement.

Toronto-based Lithium Americas is currently working to complete its preliminary economic assessment by the end of the month.

The company also plans to start construction of an on-site continuous lithium carbonate pilot plant in April, with first production of lithium carbonate expected in the fourth quarter of 2011, it added.

Lithium carbonate, which is used in electric and hybrid vehicles, as well as computer batteries and smartphones, is in high demand, with analysts predicting even bigger gains in years to come.

Lithium Americas shares fell about 5 percent to C$1.85 on Monday morning on the Toronto Stock Exchange. (Reporting by Arnika Thakur in Bangalore; Editing by Gopakumar Warrier

[KaOzz]

Quelle: http://www.reuters.com/article/2011/03/07/lithiumamericas-id…

[KaOzz]

Antwort auf Beitrag Nr.: 41.144.770 von DerRohstoffbulle am 04.03.11 03:25:02

is schon ein Vertrauensbeweis, wenn von Insidern eingekauft wird

aber mit dieser Review, da fühlt man sich schon ziemlich angepisst...

[KaOzz]

Lithium Americas Provides Update on the Cauchari-Olaroz Project

Company expects no project delays due to provincial decree identifying Lithium as strategic mineral resource
Commercial scale evaporation pond completed and filled
Construction of larger on-site lithium processing facility
marketwire

Press Release Source: Lithium Americas Corp. On Monday March 7, 2011, 8:00 am EST

TORONTO, ONTARIO--(Marketwire - March 7, 2011) - Lithium Americas Corp. (TSX:LAC - News; "Lithium Americas" or the "Company"), today provided an update on its progress in the development of the Cauchari-Olaroz Lithium project in Argentina. Lithium Americas is currently working with ARA WorleyParsons to complete its preliminary economic assessment by the end of March 2011.

Provincial Decree

On March 2, 2011 the Governor of Jujuy Province, Argentina, declared lithium a strategic mineral. The declaration asserts that environmental approval of exploration and exploitation projects in the province will have to be reviewed by a committee that will include representatives from the Ministry of Production, the Argentinean Research Council, the University of Jujuy, the Provincial Parliament, the Provincial Environmental Agency and the Mining Department. Permits granted for exploration and exploitation will be reviewed after this commission is formed in 30 days.

Lithium Americas' exploration and development permit applications were approved in late 2009 and is fully permitted through final feasibility. The Company is currently working on the environmental baseline and has confirmed that the decree should not effect in the current development program at Cuchari-Olaroz, but is expected to increase the requirements for the final exploitation permit that will be requested once the final feasibility study is completed and presented to the Government as it is mandatory under the Argentinean law.

Evaporation Ponds

Construction of the 100 meter by 100 meter pond has been completed, including the installation of the liner and filling of the pond with brine pumped from production well PB1 on the salar (salt lake) completed earlier in the year. This large scale pond is critical to the ongoing development of the project as it will provide data to fine tune the commercial scale lithium carbonate production, as well as providing feedstock for the new lithium processing facility. The Company expects that a pond of this scale will generate process ready brine in approximately eight months.

Lithium Processing Facility

The Company has signed an agreement with SGS Canada for the completion of bench studies required to design the lithium carbonate plant and the construction of an on-site continuous lithium carbonate pilot plant to produce a 99.5 percent purity lithium carbonate. Construction is scheduled to begin in April with first production of lithium carbonate expected in the fourth quarter of 2011. Production from the facility will be used to provide industrial samples for future customers and fine tune the final mine design for the Full Feasibility Study. The Company has been producing small quantities of lithium carbonate at laboratory scale from an on-site pilot scale plant since August 2010.

The Company is also pleased to announce that it has bolstered the depth of its local management team with the addition of Mario Juarez, Mining Engineer as Operations Manager. Mr. Juarez has over 17 years of experience in mine management positions with several of the largest global mining companies with operations in Argentina including Pirquitas Mine (Silver Standard), Agua Rica Project (Yamana); Veladero Mine (Barrick Gold), Alumbrera mine (Yamana / Goldcorp / Xstrata) and Vanguardia mine (Anglo Gold).

"Lithium Americas welcomes this new government initiative as it creates needed controls on the permitting process, providing further protection of these important resources," said Dr. Waldo Perez, President & CEO of Lithium Americas. "Operationally, our team in Argentina continues to deliver results and deepen our understanding of the productive characteristics of the salar and the quality of our brine."

Lithium Americas will host booth #2523 at the 2011 PDAC International Convention in Toronto, Ontario on March 6-9. In addition, Dr. Perez will present a Company update at the PDAC Investor Exchange Forum on Tuesday March 8, 2011 at 10:40am. (Darauf haben wir alle gewartet, gez. KaOzz)

John Kieley, P.Geo., is the internal Qualified Person for the Cauchari-Olaroz lithium project in accordance with NI 43-101. Mr. Kieley has read and approved the contents of this news release.

About the Company

Lithium Americas Corp. is one of the largest, most advanced, lithium brine development projects in the world. The Company's principal and most advanced property comprises a significant portion of two adjacent Argentinean salt lakes, Cauchari and Olaroz, covering 64,572 hectares (ha). The company owns further 82,299 ha in other salars that are currently under explored in the Puna Plateau. The Puna Plateau is the most prolific brine reserve region globally, hosting approximately 84 percent of the world's lithium brine reserves. Lithium Americas defined in a 43-101 report a total of 5.3 million tonnes of Lithium Carbonate equivalent in Measured and Indicated resources and 2.7 million tonnes of Lithium Carbonate equivalent Inferred resources. To the best knowledge of Lithium Americas, the Cauchari-Olaroz project hosts the 3rd largest lithium brine resource in the world. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas. Additional information concerning the Company's Cauchari-Olaroz project and its in situ resource can be obtained from its NI 43-101 technical report dated Monday December 6th, 2010 and filed on SEDAR.

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as "could", "potential", "believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company's prospectus dated May 6, 2010 for a list of risks associated with the Company, and its business.



http://finance.yahoo.com/news/Lithium-Americas-Provides-ccn-…

[KaOzz]

Antwort auf Beitrag Nr.: 41.141.829 von DerRohstoffbulle am 03.03.11 16:48:51

PS: Der Kursverlust von Montag darf dann wohl nicht als Sippenhaft mit CLQ interpretiert werden (wie Du das so hübsch im CLQ-Thread formuliert hast, obwohl ich das anfangs auch so interpretiert habe).

Würde der aktuellen Äußerungen des Mngmt den derzeitigen Preis als billige Kaufgelegenheit interpretieren. Na dann: kaufen, was das Zeug hält

(nur meine Meinung, keine Handelsempfehlung)

[KaOzz]

!

Dieser Beitrag wurde moderiert. Grund: auf eigenen Wunsch des Users

[DerRohstoffbulle]

oh weh... eigentlich wollte ich auf folgendes hinaus:

Lithium Americas Corp. (LAC)
As of March 8th, 2011
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Mar 02/11 Feb 28/11 Inwentash, Sheldon Direct Ownership Common Shares 10 - Acquisition in the public market 15,000 $2.200
Feb 24/11 Feb 22/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 25,000 $2.300
Feb 03/11 Jan 31/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 25,000 $2.499
Feb 01/11 May 07/10 Magna International Inc. Control or Direction Options [Amended Filing] 00 - Opening Balance-Initial SEDI Report
Feb 01/11 May 07/10 Magna International Inc. Control or Direction Warrants [Amended Filing] 00 - Opening Balance-Initial SEDI Report
Jan 21/11 Jan 18/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 50,000 $2.250
Jan 20/11 Jan 17/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 25,000 $2.300
Jan 18/11 Jan 18/11 DiCapo, Pasquale Direct Ownership Common Shares 10 - Acquisition in the public market 94,600 $2.507
Jan 17/11 Jan 13/11 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 50,000 $2.280
Jan 07/11 Jan 05/11 Inwentash, Sheldon Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $2.051

[DerRohstoffbulle]

"Lithium Americas' exploration and development permit applications were approved in late 2009 and is fully permitted through final feasibility. The Company is currently working on the environmental baseline and has confirmed that the decree should not effect in the current development program at Cuchari-Olaroz, but is expected to increase the requirements for the final exploitation permit that will be requested once the final feasibility study is completed and presented to the Government as it is mandatory under the Argentinean law."

[DerRohstoffbulle]

"Evaporation Ponds

Construction of the 100 meter by 100 meter pond has been completed, including the installation of the liner and filling of the pond with brine pumped from production well PB1 on the salar (salt lake) completed earlier in the year. This large scale pond is critical to the ongoing development of the project as it will provide data to fine tune the commercial scale lithium carbonate production, as well as providing feedstock for the new lithium processing facility. The Company expects that a pond of this scale will generate process ready brine in approximately eight months. "

[DerRohstoffbulle]

Lithium Processing Facility

The Company has signed an agreement with SGS Canada for the completion of bench studies required to design the lithium carbonate plant and the construction of an on-site continuous lithium carbonate pilot plant to produce a 99.5 percent purity lithium carbonate. Construction is scheduled to begin in April with first production of lithium carbonate expected in the fourth quarter of 2011. Production from the facility will be used to provide industrial samples for future customers and fine tune the final mine design for the Full Feasibility Study. The Company has been producing small quantities of lithium carbonate at laboratory scale from an on-site pilot scale plant since August 2010.

[DerRohstoffbulle]

wenn das mal keine guten nachrichten sind... und die großaktionäre werden die provinzregierung schon besänftigen..

[KaOzz]

Sehr aufmerksam... übrigens

Das hab ich ALLES schon reingestellt

[DerRohstoffbulle]

sicher.. ich habe die für mich bedeutenden teile nochmal hervorgehoben, da sie mich in meiner haltung, an LAC festzuhalten, bestätigen!

[KaOzz]

Antwort auf Beitrag Nr.: 41.182.031 von DerRohstoffbulle am 10.03.11 23:04:09

kann ich nachvollziehen

[KaOzz]

Antwort auf Beitrag Nr.: 41.182.031 von DerRohstoffbulle am 10.03.11 23:04:09

Übrigens gibts ein Interview von Mitte Januar '11 mit Waldo Perez und ner Analysten der chilenischen Reseach-"Bude" Signum Box, es wird aber nicht allzu viel Neues erzählt:

http://vod.bnn.ca/Video/411484

[KaOzz]

Das war ne rasante Talfahrt, perfekt für nen Einstieg, wer zum Zuge kam. Hatte wohl mit der Beteiligung Mitsubushis zu tun. Die wurden aber in den Massenmedien nie erwähnt, bezüglich zerstörter Anlagen im Norden des Landes oder eines Produktionsausfalls, etc.

Grüße

[KaOzz]

Antwort auf Beitrag Nr.: 41.247.397 von KaOzz am 22.03.11 13:47:02

LAC 1-yr Chart:

[DerRohstoffbulle]

ich denke eher, es hat mit der argentinien-problematik zu tun...

[KaOzz]

Argentinien-Problematik? Kannst Du auf ne Nachrichtenquelle verweisen? Das geht derzeit wohl unter. Japan steht gerade im mittelpunkt meines Interesses ferner Libyen.

[Tomy_HH]

Antwort auf Beitrag Nr.: 41.259.713 von DerRohstoffbulle am 24.03.11 13:23:48

denke auch, dass der kursverfall mit der deklarierung von lithium als strategische resource zusammenhaengt. Noch nocht abschaetzbar, was das bedeutet. Windfall Tax ? Teilverstaatlichung ?

[Eskobar69]

Nichts neues, nur noch mal ne Zusammenfassung:

http://www.theenergyreport.com/cs/user/pub/co/1746

DESCRIPTION: Lithium Americas Corp. has identified the third-largest lithium brine resource in the world, recognized by independent industry sources as the top global lithium brine project. The company, expecting to complete its PEA in Q111, is focused on achieving large-scale commercial production in the shortest, most-efficient timeframe possible. Both Mitsubishi Corporation and Magna International have offtake arrangements with and are equity shareholders in Lithium Americas.

Watch interview with CEO Waldo Perez on BNN (1/21/11)

Watch Lithium Americas' corporate video (12/29/10)

WEBSITE: http://www.lithiumamericas.com/
Corporate Fact Sheet (1/19/11) Corporate Presentation (1/17/11)

The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.



--------------------------------------------------------------------------------
Related Quotes
Nelson Mah, Northern Securities (04/04/11) "Lithium Americas Corp.'s positive attributes include: 1.) LAC's [Cauchari-Olaroz] property is located in the Cauchari and Olaroz salars (salt flats), where the world's major lithium brine reserves exist; this area, in the Puna Plateau that borders Argentina, Chile and Bolivia, accounts for approximately 53% of global production and 83% of total brine reserves; 2.) the company has a sizeable M&I resource estimate; and 3.) Magna International and Mitsubishi Corp. have 13.3% and 4.0% equity interests in LAC, respectively, plus offtake agreements. We are initiating coverage of Lithium Americas Corp. with a SPECULATIVE BUY recommendation and a $3. target price based on our 1.0× NAV—the total prospective return is 78.0%."


Proactive Investors (04/04/11) "Lithium Americas Corp, owner of one of the largest lithium brine projects in the world, has received a high vote of confidence from equity research firm Jennings Capital, giving the lithium explorer an initial 'buy' rating and a price target that is more than double its current stock value. Jennings said the company's flagship project, the Cauchari-Olaroz property in Argentina (the third-largest lithium brine resource in the world and one of only a handful of brine projects with an NI 43-101-compliant resource report) benefits from 'favorable brine chemistry,' giving the property low operating costs."


Ken Chernin, Jennings Capital (03/31/11) "The company's flagship Cauchari-Olaroz property has the third largest lithium brine resource in the world and is one of only a handful of brine projects with an NI 43-101 technical report. . .LAC is targeting initial annual production of 15,000 tons of lithium carbonate and possibly 30,000 tons of potash, starting in 2014, and expects to increase its lithium carbonate production to 30,000 tons by 2017 and 45,000 tons by 2020."


The Energy Report Interview with Philip Williams (02/10/11) "We really look at the individual investment opportunity. . .We've spent most of our time focusing on the brines and names like Lithium Americas and others in South America. But really we try to find those mispriced or misunderstood assets where management has the wherewithal to move ahead, add value and realize the right price in the market."
View Entire Article: Philip Williams: Uranium to Cross $100 Threshold in 2011


The Energy Report Interview with Jon Hykawy (01/06/11) JH: Another company that has signed two separate agreements is Lithium Americas Corp. It has lithium supply agreements with both Magna International and Mitsubishi Corp. Lithium Americas' Salar de Cauchari lithium project is just up the road from Orocobre's lithium project in Argentina.

TER: Lithium Americas owns the Salar de Cauchari lithium/potassium property in Argentina, where pilot-scale processing is underway. You have a speculative buy rating on Lithium Americas with a target price of $2.50. It's trading around $1.90 now. What sort of catalyst is going to bring it up to that level?

JH: What really matters at this point is that Lithium Americas produces a definitive feasibility study that points out the flow sheet that it will use to produce lithium. It's a bit of an interesting deposit with a reasonably good concentration of lithium, as well as a relatively high abundance of sulfate—one of those contaminant ions. If you had nothing but sulfate, you'd have a bit of a problem and it would be an expense. But the company also has a fair bit of potassium in its brine. Potassium and sulfate together are potash. If you could get the chemistry correct and put the right flow sheet together, Lithium Americas could be a relatively inexpensive producer of both lithium and fertilizer. The two of them together would make a very interesting revenue stream. You sometimes see those dual revenue streams from some of the major producers, like SQM in Chile.

TER: Has Lithium Americas done studies to determine if it can get the chemistry right?

JH: In theory, it's workable. The company's worked on it on a pilot-scale basis. What it really comes down to now is determining the cost and that's where the feasibility study comes in.

TER: When should that be published?

JH: We're hoping we're going to see something from Lithium Americas relatively early in the new year. That will give us some comfort.
View Entire Article: Jon Hykawy: High on Lithium

[KaOzz]

Weil man von Mitsu noch nix gehört hat, hier mal ne Einschätzung. Vllt. ziehen sie doch wieder Kapital ab oder die Finanzierung der E-Auto-Palette gerät ins Stocken...

Strahlentest für Japan-Importautos - Zulieferer erwägt Kurzarbeit

03.04.2011, 14:17


KÖLN/LIPPSTADT/HANNOVER - Nach der Reaktorkatastrophe in Japan prüfen Importeure vor der Auslieferung in Deutschland einem Bericht der ´Automobilwoche´ zufolge Neuwagen und Kfz-Teile auf eine mögliche Strahlenbelastung.

(...)


Auf dem japanischen Automarkt hatte die Erdbeben- und Atomkatastrophe den Absatz der heimischen Autobauer im März massiv einbrechen lassen. Am härtesten traf es Toyota und Mitsubishi Corp . Die japanische Autoindustrie kämpft zudem mit fehlenden Zulieferteilen, zeitweisen Stromabschaltungen und den Folgen stillstehender Bänder.

(...)

Quelle: http://www.wallstreet-online.de/nachricht/3128582-strahlente…

[DerRohstoffbulle]

das ist es:
"
JH: What really matters at this point is that Lithium Americas produces a definitive feasibility study that points out the flow sheet that it will use to produce lithium. It's a bit of an interesting deposit with a reasonably good concentration of lithium, as well as a relatively high abundance of sulfate—one of those contaminant ions. If you had nothing but sulfate, you'd have a bit of a problem and it would be an expense. But the company also has a fair bit of potassium in its brine. Potassium and sulfate together are potash. If you could get the chemistry correct and put the right flow sheet together, Lithium Americas could be a relatively inexpensive producer of both lithium and fertilizer. The two of them together would make a very interesting revenue stream. You sometimes see those dual revenue streams from some of the major producers, like SQM in Chile."


LAC ist also viel mehr als lithium... es ist POTASH!
und potash ist kurz bis mittelfristig heißer....

[Eskobar69]

http://www.theenergyreport.com/cs/user/print/quote/10079?x-t…

David Wargo, GMP Securities (04/08/2011)
"We believe that Lithium Americas is the most promising lithium development story with a high likelihood of successfully achieving commercial production. The company is moving forward in an aggressive and technically sound manner towards production and is significantly advanced relative to its peer group."

[KaOzz]

Schluss auf TH!

Das generiert ein Kaufsignal!

[Eskobar69]

http://www.theenergyreport.com/pub/co/1746

The Energy Report Interview with Jonathan Lee (04/19/11)
"A few low-cost producers have the potential to thrive and return money to investors in this marketplace. Lithium Americas has the Cauchari-Olaroz project that is 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. Its preliminary economic assessment (PEA) should be released fairly soon. We're looking forward to seeing that and the results of all the hard work the company has done over the last few months. We currently have a Speculative Buy rating on LAC and a $2.80 target price.

Lithium Americas and Orocobre are in the Olaroz-Cauchari Basin. A river delta separates the two salars. . .There would be a lot of synergies if the two merged. Obviously, infrastructure and capital costs could be shared; but it comes down to valuation. I think there would be enough synergies to warrant investigating a merger. . . They both have a pretty good cash positions right now."
View Entire Article: Jonathan Lee: Lithium Powers the Green Revolution

Ken Chernin, Jennings Capital (04/19/11)
"We believe that the Cauchari-Olaroz project could be one of the lowest, if not the lowest cost lithium brine operations in the world. . .We estimate that the inclusion of potash credits would reduce the lithium carbonate cash operating cost to approximately US$1,250 per ton."

Morning Coffee (04/19/11)
"Sweet PEA: Lithium Americas shot up on the release of its NI 43-101-compliant PEA for its Cauchari lithium brine project in Argentina; the PEA provides for a 40 Kt./year lithium carbonate production facility built in two phases. . .[and] calculates a base case pre-tax NPV of US$983M, assuming an 8% discount rate and an after-tax NPV of US$715M; given the size of the resource estimate, a 40-year mine life producing at 40 Kt/year would result in only ~50% of the M&I resource being depleted."

David Wargo, GMP Securities (04/18/11)
"Lithium Americas is significantly undervalued on a NAV basis and, as the company completes key milestones (including the bankable feasibility study) and continues to advance Cauchari forward toward commercial production, it should move to the forefront of the emerging producers within the lithium sector. We believe that Lithium Americas offers investors significant upside at its current valuation and we expect the company will rerate as it continues to move the project forward."

Sean Mason, Stockhouse (04/18/11)
"Lithium Americas' shares climbed 14% to $2.29 on Monday after the lithium junior reported the results of an NI 43-101-compliant PEA for its Cauchari lithium brine project in Argentina. The PEA calculates a base case pre-tax NPV of $983M, assuming an 8% discount rate and an after-tax NPV of $715M. The base case pre-tax IRR is 30% and after-tax IRR is 26%. Production of lithium carbonate is assumed to be 40,000 tons/year."

[KaOzz]

hört sich doch spitze an

BRIEF-Lithium Americas gives positive preliminary economic assessment for Cauchari Lithium project

April 18 (Reuters) - Lithium Americas Corp:

* Announces positive preliminary economic assessment for its cauchari Lithium project

* Assessment provides for a 40,000 tonne per annum Lithium carbonate production facility built in 2 phases

* Says potash and borax by-products have not been included in this economic assessment

* Says potash and borax by-products could potentially add further value to the project

* Economic assessment calculates a base case pre-tax net present value of $983 million for cauchari project

* First phase of cauchari expected to begin generating revenue from lithium carbonate production in 2014

* Says second phase of cauchari project is expected to begin generating revenue in 2018

* Says capital costs associated with the first phase are estimated to be $217 million

* Says capital costs associated with the second phase are estimated to be $181 million

((Bangalore Equities Newsroom; [phone]; within U.S. [phone]))

(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.


Quelle

[KaOzz]

Antwort auf Beitrag Nr.: 41.406.326 von KaOzz am 23.04.11 17:11:41

Lithium Americas Files NI 43-101 Preliminary Economic Assessment Technical Report and Provides Key Milestones to Definitive Feasibility
Expands Land Position in Cauchari Salar
May 4, 2011 (Marketwire Canada) --

TORONTO, ONTARIO -- Lithium Americas Corp. (TSX:LAC) ("Lithium Americas" or the "Company"), announced today that the NI 43-101 Preliminary Economic Assessment ("PEA") for its Cauchari-Olaroz lithium brine project in Argentina, prepared by the independent engineering firm, ARA WorleyParsons ("ARAWP"), has been filed on SEDAR (www.sedar.com) and is also available on the Company's website.

Key results of the PEA were previously announced on April 18, 2011. A summary of the base case financials are provided in the table below:

[...]

"With the positive results and recommendations of the PEA in hand, we are aggressively pursuing our goal of developing a low-cost, long-life operation," stated Dr. Waldo Perez, President and CEO of Lithium Americas. "Having assembled a world class team with a significant amount of experience in lithium processing, we continue to demonstrate leadership in the emerging lithium brine industry and deliver on our milestones."

Property Expansion

The Company is also pleased to announce that it has signed an option to acquire a total of 13,897 hectares ("ha") in Cauchari from a private holder. This transaction increases the Company's land package in its principal property to 82,498 ha, giving Lithium Americas control of a large majority of the Cauchari salt lake and a portion of the Olaroz salt lake.

Key Milestones

Key milestones that will drive the commercialization of the Company's Cauchari project, the third largest known lithium brine deposit in the world, include:

Pilot Scale Facility (Q3 2011): The Company is working with SGS Lakefield (Canada) on the design of an on‐site continuous lithium carbonate pilot plant to produce a 99.5 percent purity lithium carbonate. The plant will be pre-fabricated in Canada and assembled at the Lithium Americas' facility at the Cauchari salar. The plant will be fed from the Company's 1 ha industrial scale pond, which was completed and filled from a production well in the first quarter of 2011.

On-site Industrial Scale Lithium Production (Q4 2011): First production of industrial scale lithium carbonate is scheduled for the fourth quarter of 2011. Production from the pilot scale facility will be used to provide industrial samples for future customers and fine tune the final mine design for the Definitive Feasibility Study. The Company has been producing small quantities of lithium carbonate at laboratory scale on‐site since August 2010.

Hydrology Program (Q3 2011): Pump tests have begun utilizing production wells PB1 and PB4, which were drilled to a depth of 300 meters ("m"). The 10-inch diameter wells have approximately 100 m of screen down hole which intersects two productive units in the salar. Monitoring wells located at various distances from the pumping wells measure the hydraulic response to pumping. Initial tests yielded 4 litres per second ('l/s") in the massive sodium chloride unit and 20 l/s in the sand units. These two units are considered to have highly contrasting hydraulic properties, which will provide an early indication of the ranges that are expected to be found in the salar. These initial results are highly encouraging and show that the brine can be extracted at commercial rates from the salar. Long term tests will continue on 4 more wells to be drilled and tested over the next 6 months.

Reserve Calculation (Q4 2011): The results from the ongoing hydrology tests will be used to estimate the extractable brine in the salar and upgrade the Company's NI 43-101 measured and indicated resource into a proven and probable reserve.

Definitive Feasibility Study (Q1 2012): The Company expects to complete a definitive feasibility study by the end of Q1 2012. With this report in place, the Company will have all the necessary financial and production parameters verified to make a production construction decision.

[...]

usw. usf.

Quelle: http://tmx.quotemedia.com/article.php?newsid=40969983&qm_sym…

[homer65]

[KaOzz]

Antwort auf Beitrag Nr.: 41.494.632 von homer65 am 12.05.11 20:48:20

sieht gut aus:

[KaOzz]

Antwort auf Beitrag Nr.: 41.578.537 von KaOzz am 30.05.11 23:35:59

Hier sollte langsam mal ne positive Reaktion statt finden im kurs, sonst seh ich hier bald fallende Kurse

[KaOzz]

Antwort auf Beitrag Nr.: 41.652.871 von KaOzz am 15.06.11 22:58:25

Lithium Americas Corp. Joins OTCQX

Jun. 21, 2011 (PR Newswire) --

NEW YORK, June 21, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Lithium Americas Corp. (TSX: LAC; OTCQX: LHMAF), a junior exploration company focused on the exploration for lithium, potassium, borax and other minerals in South America, is now trading on the highest tier of the OTC market, OTCQX®.



Lithium Americas began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.

"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Lithium Americas Corp. to OTCQX."

Stifel, Nicolaus & Company, Incorporated will serve as Lithium Americas' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

[KaOzz]

Lithium Americas and Orocobre: How do their neighboring lithium projects stack up?
Wednesday, May 25, 2011 by Ian Mclelland

Lithium Americas (TSE:LAC) and Orocobre (TSE:ORL, ASX:ORE) are both developing adjoining lithium brine projects in the Jujuy Province of northwestern Argentina, that are located on the Cauchari and Olaroz salars or dry salt lakes.

Orocobre has completed a Definitive Feasibility Study (DFS), and carries a market capitalization of approximately C$230 million, whereas Lithium Americas has completed a Preliminary Economic Assessment (PEA) and is capitalized at C$122 million. Orocobre’s project is more advanced, which partially explains the higher valuation, however, Lithium Americas currently has a larger resource estimate and is expecting lower operating costs and more attractive project economics.


Resource Estimate

Although both companies have completed NI 43-101 resource estimates, to date only Lithium Americas has applied a cut-off grade (500 mg/L lithium).

Lithium Americas’ resource estimate is 2.88 million tonnes of lithium carbonate at the Measured level, 2.42 million tonnes at the Indicated level (5.3 million tonnes measured and indicated), and 2.70 million tonnes at the Inferred level. This compares with Orocobres’s resource estimate of 1.43 million tonnes of lithium carbonate at the Measured level, and 4.98 million tonnes at the Indicated level (6.41 million tonnes measured and indicated). Orocobre does not have any resource estimate at the Inferred level.

Regarding total Potash resources, Lithium Americas also has the larger resource. Lithium Americas’ Potash resource is 9.38 million tonnes at the Measured level, 7.87 million tonnes at the Indicated level, and 8.14 million tonnes at the Inferred level. Orocobre’s Potash resource is 3.97 million tonnes at the Measured level, and 15.31 million tonnes at the Indicated level, with no Inferred resource.

The larger resource has allowed Lithium Americas to propose a two stage development, producing 20,000 tonnes and then 40,000 tonnes per annum of lithium carbonate, whereas Orocobre plans to produce 16,400 tonnes per annum of lithium carbonate. The market appears to be waiting for Lithium Americas to further detail its larger production potential, which will be defined when the Company completes a Definitive Feasibility Study (DFS) expected by the end of the first quarter of 2012.


Operating Costs

Lithium Americas is currently developing the world’s third largest known lithium brine deposit. The company is also set to become one of the world’s lowest cost lithium operations, according to a PEA produced by ARA Worley Parsons, the independent engineering firm who also designed SQM’s lithium brine processing facilities. SQM is currently the world’s largest and lowest cost lithium brine producer. The PEA identifies lithium carbonate cash operating costs of US$1,434 per tonne compared to Orocobre’s current estimates of a cash operating costs of US$1,512 per tonne.


NPV and IRR

Lithium Americas’ PEA base case financials results in a post-tax NPV of US$715 million, and an IRR of 26%. Orocobre’s DFS identifies a post-tax NPV of US$415 million, and an IRR of 26%. The above valuations do not include any potential benefits associated with by-products such as Potash.

The valuations above highlight that based on current studies completed, Lithium Americas’ project has an NPV that is 70% greater than Orocobre’s. It is also worth noting that Lithium Americas used more conservative assumptions in its feasibility study, including a Discount Rate of 8%, while Orocobre used a Discount Rate of 7.5%. Lithium Americas also used a long-term lithium carbonate sales price of $5,500 per tonne, while Orocobre used $6,160 per tonne.

So what does this all mean for investors interested in gaining exposure to lithium? Both Lithium Americas and Orocobre offer exposure to advanced stage lithium brine projects. Both companies also appear well placed to tap into forecast increases in demand, both have the potential to become a low cost supplier, and crucially, both have secured investments from groups looking to secure future lithium supply. On a market capitalization basis, one could argue that the gap between the two companies is surprisingly large and should narrow as Lithium Americas delivers its DFS, further derisking the project and allowing a more direct comparison between these two promising companies.

[KaOzz]

Lithium: Wann wird der Verbrauch nachhaltig steigen?
von von Daniela Knauer

17.06.2011

Liebe Leserin, lieber Leser,

gerade treffen sich wieder einmal die Mächtigen der Welt zu einem Kongress über künftige ökonomische Möglichkeiten und Entwicklungstendenzen der Welt - diesmal in St. Petersburg. Eines der Hauptthemen dabei wird die "Expansion technologischer Horizonte" sein. Schon vor Eröffnung der Veranstaltung drangen interessante Details nach außen.

So wird ein Schwerpunkt auch hier wieder der Aufbau intelligenter Stromnetze und ganz besonders von Energiespeichersystemen sein. Russland ist daran ebenso wie China sehr interessiert. Denn stellt schon hierzulande die Umsetzung alternativer Energiekonzepte nicht nur Politik und Versorger, sondern auch das Leitungs- und Speichersystem die Verantwortlichen vor große Aufgaben, so entwickelt dieses Problem in den aufstrebenden Nationen für die Verantwortlichen noch ganz andere Dimensionen.

Denn die Stromnetze sind hier nicht nur chronisch überlastet und unterentwickelt, sondern auch technologisch veraltet. Das aber soll sich in den kommenden Jahren gravierend ändern. Alle Länder, die es sich aufgrund ihrer Bilanzüberschüsse leisten können, werden hier immense Summen investieren (müssen). Doch dann werden ihre Systeme zu den modernsten der Welt gehören - wenn sie diese Aufgabe clever angehen. Wer heute schon in den technologischen Startlöchern steht, um deren Anforderungen zu erfüllen, kann in Zukunft möglicherweise große Gewinne einfahren.

In vielen Bereichen stellt sich noch die Frage nach der Umsetzung moderner Leitungs- und Speichersysteme. Immer wieder werden Lithiumspeicher als Lösung zur Überbrückung kurzfristiger Stromspitzen und Tiefs in die Diskussion gebracht. Noch stecken die Lösungen technologisch in den Kinderschuhen, mangels industrieweiter Standards und entsprechenden Auftragsvolumina ist diese Möglichkeit relativ teuer.

Doch es könnte sein, dass sich hier so langsam Erfolge einstellen, wie ein Auftrag angesichts des St. Petersburger Treffens zeigt, auf den ich im zweiten Teil eingehen werde. In diesem Zusammenhang ist mir vorgestern eine Aussage des Vorsitzenden Peter Oliver von Talison Lithium aufgefallen, der sich über die weiteren Aussichten für den Lithiummarkt eher verhalten äußerte. Deren Minen in Australien sollen nicht vor dem nächsten Jahr auf voller Kapazität laufen. Viele Entwicklungsvorhaben würden sogar höherer Preise bedürfen, um überhaupt den Betrieb aufnehmen zu können.

Ich bin da etwas skeptisch, was die Äußerungen von Talison Lithium angeht. Das Unternehmen ist zwar einer der größten Lithiumproduzenten der Welt, doch die Minen in Australien produzieren den Rohstoff aus Spodumen, einem relativ teuer zu verarbeitenden Gestein. Schon in der Finanzkrise war der Betrieb nicht mehr kostendeckend und musste daher zeitweise eingestellt werden. Wesentlich günstiger kann in den südamerikanischen Salzseen produziert werden, wo sich Talison Lithium daher auch neue Ressourcen sicherte.

So halte ich es durchaus für möglich, dass der Wunsch nach höheren Preisen für den Rohstoff auch aus dieser Richtung kommt. Dennoch stimmt es schon, dass sich gerade die Märkte für Elektrofahrzeuge nicht so stürmisch entwickeln, wie es zu Anfang angenommen wurde. Erst ab dem Jahr 2015 rechnet Peter Oliver mit einem stärkeren Zuwachs des Bedarfs an Lithium, das für die Batterien benötigt wird. Grund dafür ist der schleppende Aufbau der Infrastruktur ebenso wie die hohen Preise für die Elektrofahrzeuge, was vor allem in Europa und den USA noch viele Kunden von einem Kauf abhält. Doch nach Fukushima und den internationalen Bekenntnissen zu einem höheren Anteil von alternativer Energie am Strommix könnten sich die Vorzeichen für diesen Markt bald gravierend ändern. Denn sowohl E-Fahrzeuge als auch neue Speicherlösungen stellen dann ein wichtiges Glied der neuen Energiekette dar.

---

Ener1: Bringt Rahmenabkommen mit Russen neuen Schwung?
von von Daniela Knauer

Wenn Sie sich den langfristigen Chart des Lithiumionen-Batterieherstellers Ener1 aus den USA ansehen, überkommt Sie das kalte Grausen. Die Aktie bewegt sich um die Tiefs der vergangenen zehn Jahre, kleine Aufschwünge werden immer wieder abgelöst von heftigen Einbrüchen.

Verantwortlich ist dafür vor allem ein Joint-Venture, das in den vergangenen Jahren heftige Verluste eingefahren hat und im Frühjahr diesen Jahres auf Null abgeschrieben wurde. Die Rede ist von der Zusammenarbeit mit Think, einem Hersteller von Elektroautos, der es bisher einfach nicht schafft, nachhaltig erfolgreich in diesen neuen Markt einzusteigen. Ganz hat Ener1 die Hoffnung zwar noch nicht aufgegeben, es bestehen noch Möglichkeiten, in Zukunft wieder zu profitieren, falls der Turnaround bei Think gelingen sollte.

Doch seit einiger Zeit konzentriert sich Ener1 verstärkt auf die Entwicklung höhervolumiger Lithiumionenbatterien für große Fahrzeuge wie Linienbusse und auf neue Speichertechnologien für die Stromnetze. Hier wurden nach eigenen Angaben nun Lösungen entwickelt, die bisherigen stationären Stromspeichern in Bezug auf die Kapazität und Schnelligkeit überlegen sind. Wie oben erwähnt, werden solche Speicher immer wichtiger, um Spitzen und Abfälle alternativer Energieproduktion vor allem bei Solar und Wind auszugleichen. Interessant ist, dass in Zukunft diese stationären Speicher auch aus ausgedienten Lithiumionen-Autobatterien bestehen könnten, die nicht mehr die volle Ladekapazität für Fahrzeuge haben, aber für eine stationäre Verwendung noch ausreichen.

Gestern hat Ener1 eine Vereinbarung mit einem russischen Stromversorger bekanntgegeben, der moderne Speicherkapazität mit diesem System aufbauen möchte. Das könnte den Turnaround für Ener1 bringen, sollten sich diesem ersten Auftrag weitere anschließen. Denn technologisch ist die Firma nicht uninteressant, das Problem war in den vergangenen Jahre nur immer wieder das Geldverdienen, wie so häufig bei innovativen Unternehmen. Erste Analysten fangen daher gerade an, ihre Erwartungen anzuheben. Doch wie immer sei gewarnt: Es handelt sich dabei um eine höchst riskante Investition in ein Unternehmen, das noch viel Kapital zur Expansion aufnehmen muss, bevor der Durchbruch gelingen kann. Informieren Sie sich daher genau, am besten in den Premiumdiensten des Investor Verlags, bevor Sie ein Investment in Angriff nehmen.

Herzliche Grüße und ein erholsames Wochenende wünscht
Ihre Daniela Knauer

[KaOzz]

Antwort auf Beitrag Nr.: 41.736.214 von KaOzz am 03.07.11 23:52:31

Lithium Americas Announces Financial and Operating Results for Three Months Ended May 31, 2011

Jul. 18, 2011 (Marketwire Canada) --

TORONTO, ONTARIO -- Lithium Americas Corp. (TSX:LAC)(OTCQX:LHMAF)

Independent Preliminary Economic Assessment ("PEA") report values the World Class Cauchari-Olaroz Lithium Project at US$983 million before tax

PEA estimates cash operating costs of US$1,434 per tonne of Lithium Carbonate, one of the lowest in the industry

$31 million incurred in exploration to date

Strong cash position - $22 million in cash and cash equivalents

Lithium Americas Corp. ("Lithium Americas" or the "Company"), today reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three months ended, May 31, 2011, These documents are available in the SEDAR database at www.sedar.com or on the Company's website www.lithiumamericas.com. All amounts are expressed in Canadian dollars, unless otherwise indicated.

During the three months ended May 31, 2011 the Company incurred $3.4 million in property rights and exploration costs to further evaluation activities necessary to advance the project to the definitive feasibility study stage. As at May 31, 2011, a total of $30.9 million has been invested in property rights and exploration on the Company's world class Cauchari-Olaroz Lithium Project in Argentina. As at May 31, 2011, the Company had $22.4 million in cash and cash equivalents and positive working capital of $21.3 million.

"The progress made this quarter keeps us on schedule to achieve our major near-term milestone of a completed Definitive Feasibility Study in the first quarter of 2012'" said Dr. Waldo Perez, President and CEO of Lithium Americas. "With current industry producers recently increasing lithium carbonate prices by 20%, the Cauchari-Olaroz Lithium Project, one of the largest and lowest cost lithium projects in the world, is expected to continue benefiting from significant forecast increases in lithium demand over the foreseeable future."

Operational highlights during the three months ended May 31, 2011 include:

Filing of an independent NI 43-101 compliant Preliminary Economic Assessment ("PEA") report determining a pre-tax Net Present Value ("NPV") of the Cauchari-Olaroz Lithium Project of US$983 million, assuming an 8% discount rate, and an after-tax NPV of US$715 million. The PEA provides for a 40,000 tonne per annum ("TPA") lithium carbonate ("LCE") production facility built in two phases of 20,000 TPA, with construction of the first phase expected to begin in 2012.

The PEA estimates capital costs of the first phase at US$217 million and cash operating costs of $1,434 per tonne, which the Company believes is one of the lowest operating costs in the industry.

The PEA does not include potash or boric acid production which could potentially add further value to the project.

The Company has engaged SGS Lakefield to construct an on-site continuous lithium carbonate pilot plant to produce a 99.5% purity lithium carbonate, with first production of lithium carbonate expected in the fourth quarter of 2011.

About the Company

Lithium Americas is developing one of the world's largest and lowest cost lithium operations. The Company's Cauchari-Olaroz Lithium Project comprises a significant portion of two adjacent Argentinean salt lakes, Cauchari and Olaroz, covering 82,498 hectares located in the "Lithium Triangle" region of South America. This region contains over 80% of the world's lithium brine reserves. To the best knowledge of Lithium Americas, the Cauchari-Olaroz Lithium Project hosts the 3rd largest known lithium brine resource in the world. The Company's recently completed Preliminary Economic Assessment identifies a pre-tax NPV of $983 million (8% discount), and operating expenses which are one of the lowest in the industry. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.

This press release contains forward looking statements, which can be identified by the use of statements that include words such as "developing", "estimate", "could", "potential", "believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other similar words or phrases. Forward-looking statements express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results. Forward-looking statements are based on certain assumptions, including the key assumptions and parameters on which such estimates are based, involve risks and uncertainties and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to, possible variations in mineral resources, grade or recovery rates, lithium prices, operating or capital costs; availability of sufficient financing to fund planned or further required work in a timely manner and on acceptable terms; changes in project parameters as plans continue to be refined; failure of equipment or processes to operate as anticipated or other unanticipated difficulties or interruptions; political, community relations, regulatory, environmental and other risks of the mining industry and other risks more fully described in the Company's prospectus dated May 6, 2010 and its most recent management's discussion and analysis available on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results to be materially different from those planned, estimated, forecasted, projected or expected. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward looking statements.

Lithium Americas Corp.
Chief Financial Officer
[phone]

[e-mail]

Lithium Americas Corp.
VP Corporate Development
[phone]

[e-mail]
www.lithiumamericas.com

[KaOzz]

Antwort auf Beitrag Nr.: 41.803.692 von KaOzz am 18.07.11 14:38:57

Nochmal ne Pressemitteilung zum letzten Quartalsbericht:

Rising prices a boon for Lithium Americas-CEO

Quelle: http://www.miningweekly.com/article/rising-prices-a-boon-for…

By: Matthew Hill
18th July 2011

TORONTO (miningweekly.com) – Lithium Americas' Cauchari-Olaroz project in Argentina is set to benefit from recent increases in lithium demand and prices, CEO Waldo Perez said on Monday.

The company is on track to complete a feasibility study on building a mine on what it says is the third-biggest lithium brine deposit globally by the end of the first quarter.

A preliminary economic assessment the company concluded on Cauchari-Olaroz earlier this year gave it a net-present value of $715-million at an 8% discount, and pegged production costs at around $1 500/t, while the lithium price hovered near $5 500/t.

TSX-listed Lithium Americas hopes to build a 40 000-t/y lithium carbonate operation at Cauchari-Olaroz, for a total capital cost of $400-million, with the first phase due to start producing in 2014.

“With current industry producers recently increasing lithium carbonate prices by 20%, Cauchari-Olaroz is expected to continue benefiting from significant forecast increases in lithium demand over the foreseeable future,” Perez said.

Reporting its financial results for the three months ended May 31, Lithium Americas said it had $22.4-million in cash and cash equivalents at the close of that period.

Canadian automotive firm Magna and Japanese conglomerate Mitsubishi jointly own about 17% of Lithium Americas, and have offtake rights for 37% of Cauchari-Olaroz’s intended production.

Edited by: Liezel Hill

[KaOzz]

Was für ein perveser Kursverlauf heute in Kanada...

[KaOzz]

starke eröffnung heute

[KaOzz]

Antwort auf Beitrag Nr.: 41.880.215 von KaOzz am 02.08.11 17:45:42

sieht aus, als stünden neue Lows bevor!

[KaOzz]

Lithium Americas Announces Financial and Operating Results For The Three Months Ended August 31, 2011

- Project Moves Closer to Commercial Production Through the Completion of Significant Engineering Milestones and Successful Production Well Pump Tests - Strong Cash Position and Working Capital of Approximately $16 Million

TORONTO, ONTARIO--(Marketwire - Oct. 18, 2011) - Lithium Americas Corp. (TSX:LAC)(OTCQX:LHMAF) ("Lithium Americas" or the "Company") today reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three and six months ended, August 31, 2011. These documents are available in the SEDAR database at www.sedar.com and on the Company's website www.lithiumamericas.com. All amounts are expressed in Canadian dollars, unless otherwise indicated.

During the three months ended August 31, 2011 the Company incurred $3.8 million in property rights and exploration costs to further evaluate activities necessary to advance the project to the definitive feasibility study stage. As at August 31, 2011, a total of $34.6 million has been invested in property rights and exploration on the Company's Cauchari-Olaroz Lithium Project in Argentina. As at August 31, 2011, the Company had $15.5 million in cash and cash equivalents and positive working capital of $15.6 million.

"Each quarter we continue to make significant progress in moving our project closer to commercial production," said Dr. Waldo Perez, President and CEO of Lithium Americas. "We look forward to having our definitive Feasibility Study completed within the first half of 2012, and beginning construction of one of the world's largest and lowest cost lithium projects shortly thereafter."

Operational highlights during the three months ended August 31, 2011 include:

Completion of Bench Scale Tests

The Company's bench scale tests were completed by SGS Minerals Services ("SGS") in Lakefield, Ontario. The information from these tests was used to design the Company's lithium carbonate pilot plant. The pilot plant is currently being constructed by SGS and is expected to become operational in Q4 2011. The pilot plant is expected to produce 99.5 percent purity lithium carbonate. Production from the pilot plant is estimated to be approximately 30 kilograms of lithium carbonate per day, and will be used to provide industrial samples of lithium carbonate to potential customers for qualification purposes.

Completion of Evaporation Cycle

The Company has completed a full cycle of evaporation from its industrial scale ponds. The 180 day cycle, which was in line with estimates provided in the PEA, produced approximately 15 tonnes of concentrated lithium brine. This concentrated lithium brine was shipped to SGS in order to test the pilot plant currently being constructed in Canada. Lithium Americas will continue producing concentrated lithium brine through this evaporation process in order to build inventory, which will be used in the Company's pilot plant once it is completed and put in production.

Completion of Laboratory Expansion

The Company has completed the expansion of its on-site laboratory which is now able to analyze 50 full samples a day for the following elements: Lithium, Sodium, Potassium, Calcium, Magnesium, Boron, Sulphates, Chlorides as well as physical parameters including pH and conductivity. The lab is fully equipped with atomic absorption facilities and has recently completed round robin comparisons with five different certified international labs. The lab has been designed and audited by Alex Stewart Assayers for Quality Assurance and Quality Control.

Completion of Thermodynamic Model

The completion of this model allows the Company to predict the brine processing route - from brine extraction at the wells to the evaporation ponds, through the evaporation cycle and finally to the lithium carbonate processing plant. The model reconstructs the changes to the brine throughout the process route at different chemical and physical parameters (including weather, interaction with reagents, time, etc.), assisting the Company in optimizing its design efforts. The model was designed exclusively for the Cauchari-Olaroz brine and constitutes proprietary technology.

Announcement of Successful Production Well Pump Test Results

A total of five production wells were tested. Four of the wells were used to evaluate the yield potential of the brine aquifer, and one was used to evaluate the yield of the freshwater aquifer.

Positive pump test results yielding up to 25 litres per second in the brine aquifer indicate that fewer production wells could be required than estimated in the PEA. Positive pump test results yielding 40 litres per second in the freshwater aquifer confirm the presence of a viable freshwater resource. Pump test results and confirmation of freshwater are expected to decrease CAPEX and OPEX requirements versus those estimated in the PEA.

About the Company

Lithium Americas is developing one of the world's largest and lowest cost lithium operations. The Company has defined the world's third largest lithium brine resource. A Preliminary Economic Assessment prepared by independent engineering firm ARA WorleyParsons indicates that Lithium Americas' operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash by-product credit), based on available industry information; this would make Lithium Americas the world's lowest cost lithium producer. The Company is currently working on completing a definitive Feasibility Study. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.

Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.

The Preliminary Economic Assessment is based on mineral resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as "could", "potential", "believe", "expect", "anticipate", "intend", "plan", "likely", "will" or other similar words or phrases. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. Readers should review the Company's annual information form dated May 30, 2011 for a list of risks associated with the Company, and its business.

[KaOzz]

Lithium Americas to Include Potash Production at Its Cauchari-Olaroz Lithium Brine Project

- Potash output estimated to be 2 tonnes of potash per tonne of lithium carbonate - 1.5 tonnes of potash rich salts have been harvested from the Company's on-site evaporation ponds - Potash salts have been sent to the Saskatchewan Research Council for metallurgical testing - Potash benefits to be included in definitive Feasibility Study - expected to improve already robust project valuation

TORONTO, ONTARIO--(Marketwire - Oct. 24, 2011) - Lithium Americas Corp. (TSX:LAC)(OTCQX:LHMAF) ("Lithium Americas" or the "Company"), is pleased to announce that its potash tests have yielded positive results, thereby confirming that potash will be included in the upcoming definitive Feasibility Study ("DFS"). The Company has harvested approximately 1.5 tonnes of potash rich salts from its on-site evaporation ponds, which have now completed a full evaporation cycle at its Cauchari-Olaroz lithium brine project.

"The commercial potential of the Cauchari-Olaroz resource continues to increase as we further define its productive capabilities," stated Dr. Waldo A. Perez, President and CEO of Lithium Americas. "The inclusion of potash diversifies our production base and is expected to add significant value to the project. We hope to define the commercial viability of other by-products of the brine production process, such as boron, during the completion of the DFS process."

A total of 300 kilograms of the harvested salts have been sent to Saskatchewan Research Council's laboratories in Saskatoon, where mineralogical analysis and floatation testing will be performed. The objective is to produce potassium chloride at 95 percent purity, which can then be sold as a fertilizer. Test results are expected in the fourth quarter of 2011.

The Preliminary Economic Assessment filed by the Company in May 2011, completed by the independent engineering firm ARA WorleyParsons, identified annual lithium carbonate production of 40,000 tonnes – built in two equal phases of 20,000 tonnes per annum. As such, Lithium Americas is anticipating approximately 80,000 tonnes per year of potash production once both phases are complete. The particulars will be included in the definitive Feasibility Study, being prepared by ARA WorleyParsons, and expected to be completed in the second quarter of 2012.

About the Company

Lithium Americas is developing one of the world's largest and lowest cost lithium operations. The Company has defined the world's third largest lithium brine resource. A Preliminary Economic Assessment prepared by independent engineering firm ARA WorleyParsons indicates that Lithium Americas' operating cost per tonne of lithium carbonate is US$1,434 (prior to expected potash by-product credit), based on available industry information; this would make Lithium Americas the world's lowest cost lithium producer. The Company is currently working on completing a definitive Feasibility Study. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.

Roger Kelley, B.Sc. (Chem. Eng.), of ARA WorleyParsons and independent QP of the Company has reviewed and approved this press release.

The Preliminary Economic Assessment is based on mineral resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

http://tmx.quotemedia.com/article.php?newsid=45466386&qm_sym…

[DerRohstoffbulle]

Lithium Americas aiming to become world’s lowest cost lithium producer

Thu 10:31 am by Richard Badauskas

Lithium Americas aiming to become world’s lowest cost lithium producer

Lithium Americas (TSE:LAC, OTCQX:LHMAF) is developing the third largest, and one of the world’s lowest cost lithium operations at Cauchari-Olaroz in northern Argentina. The Company is looking forward to completing a Definitive Feasibility Study in the first half of 2012, and then commencing construction of the production facilities.

The Company recently completed bench scale testing at SGS Mineral Services in Lakefield, Ontario, and is now constructing an on-site pilot plant that is scheduled for completion in the current quarter. The plant is expected to produce 30 kilograms of 99.5% pure lithium carbonate per day.

Lithium Americas is the only lithium development company in the region that maintains a full analytical lab on site and includes top of the line analytical equipment like Atomic Absorption Spectrometers. This equipment can instantly measure all of the elements contained in recovered brine, and is monitored by assayers from Alex Stewart, who are a global provider of assay services to the resources industry.

The lab is capable of analyzing 50 full samples per day, and includes measurements for lithium, sodium, potassium, calcium, magnesium, boron, sulphates, and chlorides, as well as physical parameters including pH balance and conductivity, with all samples additionally verified by certified international labs.

The facility is capable of housing up to 20 people and maintains a full time engineering team of 6 professionals and 10 technicians, with over 60 years of combined experience in the recovery and processing of lithium. They operate from an onsite engineering lab that contains full thermodynamic modeling capabilities, and is capable of producing lithium carbonate at bench scale.

The Company recently completed a full cycle of evaporation studies from its industrial scale ponds. These due diligence studies extended over a period of 180 days, and produced approximately 15 tonnes of concentrated lithium brine.

Brine production was in line with estimates compiled in the Preliminary Economic Assessment, with final processing completed off-site utilizing the pilot plant. This plant has now been deployed to Cauchari-Olaroz for ongoing production of lithium carbonate that will be supplied to potential customers for qualification studies.

A Thermodynamic Model was completed and now allows for accurate predictions on the changes within the brine, as it moves through each stage in the process cycle from well extraction, evaporative cycle, and production of lithium carbonate at the process plant.

The final hydrological model is in the construction phase and will establish the number of wells required in full production mode. The model will also convert resources into reserves, establish the water balance of the underlying salt lake, and the final life cycle of the mine.

Four production wells were utilized to evaluate the yield potential of the brine aquifer, with positive pump tests yielding up to 25 litres per second. A fifth well tested the freshwater aquifer and produced positive results yielding 40 litres per second.

The flow rates identified in three of the four production wells were more than double the estimates used in the PEA, which estimated a total brine production rate of approximately 400 litres per second, to produce 20,000 tonnes per year of lithium carbonate drawing upon 40 production wells. The number of production wells needed to produce the same tonnage of lithium carbonate should now drop in half, and this data will be fully evaluated in the DFS.

The PEA indicated that the lithium carbonate processing plant would require approximately 60 to 80 litres per second of low quality freshwater, and estimated that 6 wells would be required to service this need. The current round of testing confirmed that a smaller number of wells could meet the process plant water requirements.

These tests confirm that fewer production wells will be required to extract brine, and the presence of significant quantities of freshwater in close proximity to the mine site will significantly reduce both the capital and cash operating costs that were set out in the PEA. Many lithium mines suffer from lack of a local water source and are required to ship brine concentrate to a process plant that is located some distance from the mine, driving up handling, transport and capital expenses.

Cash operating costs to produce a tonne of lithium carbonate were previously calculated at US$1,434, which is believed to be the lowest cost estimate for worldwide lithium brine production. This estimate will be subject to further downward revision as the cost of operating fewer wells, and the application of a potash credit is taken into account.

Potash tests have confirmed that 2 tonnes of potash can be harvested from the brine evaporation ponds for every 1 tonne of lithium carbonate that is recovered. Approximately 1.5 tonnes of potash rich salts were harvested during the recently completed full evaporation cycle testing, and may provide a significant revenue and cash flow boost to the overall economics of the Project. The Company also intends to define the commercial viability of other brine by products such as boron, during the completion of the DFS.

Lithium Americas shipped 300 kilograms of potash to Saskatchewan Research Council labs in Saskatoon, to evaluate the production of potassium chloride at 95% purity, which can be sold as fertilizer. Results are expected in the current quarter.

Chemical sampling confirmed that after extracting significant amounts of brine, the chemical composition of the remaining brine stayed very stable. This continuity applied across extensive hydraulic capture zones provided a high degree of confidence in the resource estimate.

The PEA estimated a staggered two stage development in lithium carbonate production, commencing at 3,000 tonnes per year in 2014, and building up to 20,000 tonnes per year in 2016. A mine upgrade would then see production gradually increase to 40,000 tonnes per year by 2019.

Management is now evaluating the production of up to 80,000 tonnes per year of potash, and possibly some additional by products.

The recently completed PEA determined a pre-tax Net Present Value of the Cauchari Project at US$983 million, based on an 8% discount rate, and lithium carbonate price of $5,500 per tonne. The capital cost to complete the construction of the first production phase rated at 20,000 tonnes per annum of lithium carbonate is estimated at $217 million, and the second phase boosting production to 40,000 tonnes per annum adds $182 million to capital expenditure

Annualized revenues are expected to kick off in 2014 at $18.0 million, and produce an EBITDA of $10.5 million, reach $116.0 million, and produce an EBITDA of $78.4 million in 2016, and reach maximum operating capacity in 2019, producing revenue of $224.0 million, and an EBITDA of $155.1 million.

These estimates do not take into account the production of potash or additional by products, with potash prices falling into a price range of US$350 to US$500 per tonne, may provide significant additional revenues and free cash flow.

The mine is expected to have an extremely long life, taking 40 years to exhaust 50% of the currently defined NI 43-101 compliant resources, which currently cover approximately one third of the property package.

[DerRohstoffbulle]

!

Dieser Beitrag wurde von CloudMOD moderiert. Grund: ohne nachvollziehbare Quellenangabe, ggf. neu einstellen

[KaOzz]

Hier ein aktueller, aufschlussreicher Artikel über Lithium:


Lithium: Basis für die künftige Energiespeicherung

Daniela Knauer in Nebenwerte Daily zum Thema Rohstoffe
vom 13. Dezember 2011, 17:00 Uhr

in dieser Woche gönne ich mir einige Tage Urlaub, weshalb ich in der aktuellen und der nächsten Ausgabe nicht auf die Ereignisse des Tages eingehen werde. Da Klaus Buhl Ihnen ja nun gleich drei Mal berichten wird, bleiben Sie auf dem aktuellsten Stand über die spannende Welt der Nebenwerte.

Ich habe Ihnen für heute wieder einmal einen Hintergrundbericht vorbereitet. Darin wird es um Lithium gehen, einem der wichtigsten Metalle für die zukünftige Energieversorgung in einer Welt, in der das Öl immer knapper werden und die Reduzierung des CO2-Ausstosses über das Fortbestehen einiger Länder entscheiden wird. Zwar kann Lithium nicht direkt zur Erzeugung von Energie in den Fahrzeugen verbrannt werden, wie es heute bei allen Kohlenwasserstoffen der Fall ist. Doch dieses Leichtmetall ist optimal zur Speicherung von Energie geeignet. Je mehr Energie wir mit alternativen Methoden gewinnen wollen, umso wichtiger wird die Speicherung der Energie werden, um keine Lücken in der Versorgung entstehen zu lassen, wenn gerade keine Sonne scheint oder Flaute herrscht.


Verwendung: Die Einsatzbereiche steigen stetig

Noch vor einigen Jahrzehnten waren erst sehr wenige Anwendungen bekannt, für die Lithium benötigt wurde. Doch seither hat sich die Anzahl der Einsatzgebiete rapide vergrößert. Verschiedenste Materialbereiche nutzen die besonderen Eigenschaften des leichten Metalls. Und ständig werden neue Möglichkeiten entdeckt, wie Lithium und seine Verbindungen gewinnbringend eingesetzt werden können. Selbst zur Herstellung von innovativen Ersatzbrennstoffen aus Zellulose könnte es in Zukunft vielleicht dienen. Forschungen zu dieser besonders effektiven Umwandlung laufen bereits.


Generell lassen sich die Einsatzbereiche von Lithium in zwei Gruppen aufteilen:

Für technische Anwendungen werden meist Mineralkonzentrate aus Lithium mit geringem Eisengehalt eingesetzt. Sie stammen überwiegend aus dem Abbau von Mineralien aus primären Lithiumlagerstätten. Mineralisches Lithium wird in sehr vielen Bereichen eingesetzt, wo es darum geht, die Fließfähigkeit einer Schmelze zu verbessern, Materialien gegen Hitzeschocks resistenter zu machen sowie sehr feste und hochglänzende Oberflächen zu erzeugen. Dabei lässt es sich sowohl mit anderen Metallen als auch Mineralien mischen.


Nahezu jeder von uns dürfte in irgendeiner Form Lithium aus diesen Anwendungen zu Hause haben, sei es als Glaskeramik-Kochfeld, in Form von hitzebeständigem Keramik- oder Glasgeschirr, widerstandsfähigen Kacheln sowie technischem Glas. Auch für die Oberfläche von Solaranlagen kann Lithium genutzt werden. Ebenfalls wird es in vielen leichten Motoren eingesetzt, im Flugzeugbau oder bei Gussmetall. Hier dient es ebenfalls zur Verbesserung der Schmelzviskosität und erzeugt besonders ebene Oberflächen.



Lithium hoher Reinheit stammt meist aus Salzseen

Für chemische Anwendungen werden Lithiumverbindungen oder sogar metallisches Lithium genutzt, die überwiegend aus Salzseen stammen. Hier kommt es öfters auf höhere Reinheit des Materials an, was aus der Lauge kostengünstiger erzeugt werden kann. So wird etwa Lithiumkarbonat bis zu einem Grad von 99,999 Prozent Reinheit angeboten.


Fangen wir mit den kleineren Einsatzbereichen an. Verwendet werden Lithiumverbindungen als besonders widerstandsfähige Schmierstoffe etwa in Bergwerksmühlen, bei Bohrungen und in vielen großtechnischen Maschinen. Sie erhalten ihre Gleitfähigkeit über eine große Breite an Umgebungstemperaturen. Bei der Aluminiumverarbeitung reduziert der Einsatz von Lithium die Temperatur, die zur Verarbeitung notwendig ist und damit die benötigte Energiemenge. Zudem werden geringere Fluoremissionen ausgeschieden, ein weiterer Aspekt des Umweltschutzes. In elektronischen Geräten werden Verbindungen von Lithium mit Tantal und Niob eingesetzt.


Lithium ist enorm reaktionsfreudig

Lithiumbromid und -chlorid werden als Absorptionsmedium zur Feuchtigkeitskontrolle in Kühl- und Trocknungssystemen eingesetzt, was für die Industrie sehr wichtig ist. Es wird auch zur Trocknung von Erdgas verwendet, bevor es in Pipelines eingespeist wird. Bei verschiedensten Produktionsvorgängen der chemischen Industrie werden inzwischen Lithiumverbindungen genutzt. Gerade bei der Herstellung von technischen Kunststoffen wie Polymeren ergeben sich laufend neue Einsatzbereiche. Das hoch reaktive Lithium kann in vielen Prozessen als Beschleuniger für katalytische Prozesse als Reduktionsmittel dienen. Auch in der anorganischen Chemie wird Lithium zunehmend eingesetzt. Generell sind hier noch viele Anwendungen zu erwarten, da es durch seine besonderen Eigenschaften neue Wege bzw. hochwertige Treibstoffe ermöglicht.


Ein traditionelles Einsatzgebiet ist schon seit vielen Jahren gebräuchlich. In der Pharmazie gilt Lithium als Mittel der Wahl, wenn es um die Behandlung schwieriger psychologischer Erkrankungen geht. Es gleicht Stimmungsschwankungen aus und hilft dabei, suizidale Attacken bei depressiven Patienten zu vermeiden. Auch bei speziellen Kopfschmerzattacken wird Lithium zur Dämpfung eingesetzt. Neuerdings werden sogar die lebensverlängernden Wirkungen von winzigen Lithiumdosierungen diskutiert, die sich aus Untersuchungen des Trinkwassers in bestimmten Gebieten gezeigt haben. Angesichts möglicher gefährlicher Nebenwirkungen bei höherer Dosierung ist aber eine generelle Beimischung nicht zu erwarten.


Falls wir Energie aus Kernfusionen herstellen wollen, ist dafür sehr viel Lithium notwendig

Eine ganz besondere Einsatzart des Lithiums besteht in der Nuklearindustrie. Lithium wird eingesetzt zur Herstellung von Tritium aus Wasserstoff, das für Kernfusionen benötigt wird. Sollten sich jemals Fusionsreaktoren durchsetzen, wird hier viel Lithium verwendet werden. Auch in Wasserstoff- und Neutronenbomben wird Lithium benötigt. Die USA bauten unter anderem für deren Erforschung die Lithiumproduktion in Nevada auf.


Die bekannteste Verwendungsart sind sicher Lithiumbatterien und -akkus. Die Batterien für den Einmalgebrauch werden überall eingesetzt, wo es auf hohe Energiedichte, geringes Gewicht und lange Haltbarkeit ankommt. Sie sind etwas teurer als Nickel-Metallhydrid-Batterien (NiCd und NiMh), aber durch ihre Vorteile verbreiten sie sich inzwischen sehr stark.


Lithium für Akkus it kaum ersetzbar

Wiederaufladbare Lithiumakkus sind heute aus unserem Alltag kaum noch wegzudenken. In allen hochwertigen Elektronikprodukten vom Handy über den Laptop bis zu Ihrer Kamera werden sie inzwischen eingesetzt. Ihre hohe Energiedichte, das geringe Gewicht, die schnellen Ladezeiten und der kaum vorhandene Memory-Effekt machen sie herkömmlichen Akkus weit überlegen.

Allein durch diese beiden Verwendungen steigt der Lithiumbedarf bereits seit Jahren relativ kontinuierlich an. Durch die Erfindung der Lithiumionen-Akkus ist aber auch in der Fahrzeugindustrie eine Revolution möglich geworden. Gerade in Ballungsräumen werden sich Elektrofahrzeuge in den kommenden Jahren immer mehr durchsetzen. Vor allem für Entfernungen unter rund 100 km sind sie Verbrennungsmotoren klar überlegen. Inzwischen sind bereits eine Reihe von Modellen serienreif. Es wird also nicht mehr diskutiert, ob sie sich durchsetzen werden, sondern nur noch in welchem Umfang und mit welcher Geschwindigkeit.


Die Nachfrage wird rasant ansteigen

Je nach untersuchtem Szenario kann die Nachfrage in den kommenden Jahren rasant ansteigen. Denn für einen Akkusatz von Elektrofahrzeugen werden bis zu 10 kg Lithium benötigt. Für die diversen Hybridfahrzeuge, in denen Verbrennungsmotoren mit Akkus kombiniert werden, ist der Lithiumbedarf geringer. Er liegt zwischen 0,5 und 4 kg Lithium je Fahrzeug. Es wird zwar an diversen alternativen Akkumaterialien geforscht, doch bisher sind nur diejenigen mit Lithium wirklich großtechnisch einsetzbar und konkurrenzfähig.

Ein weiteres Einsatzgebiet des Lithiums hat durch den Reaktorunfall von Fukushima neue Brisanz erhalten. Denn Lithiumakkus wären auch eine Möglichkeit, mit alternativen Energiequellen wie Wind oder Solar grundlastfähige Stromquellen bereitzustellen. Wenn in großen Speicherstationen die Energie aus Spitzenzeiten aufbewahrt wird, kann sie praktisch ohne Zeitverzögerung ins Stromnetz eingespeist werden, sobald die Anlage gerade keinen Strom erzeugt. Damit könnten viele fossile oder atomare Kraftwerke eingespart werden.


Lithium ist hervorragend zur Energiespeicherung geeignet

Technisch ist die Lösung denkbar einfach, Prototypen sind bereits entwickelt. Gerade hat Russland sogar schon die ersten Systeme bestellt. Interessant dabei ist, dass für diese Lösung ausgediente Akkus aus Fahrzeugen verwendet werden können, die für diese nicht mehr leistungsfähig genug sind, aber als stationärer Stromspeicher noch völlig ausreichen. Sollten sich also die entsprechenden Fahrzeuge stärker durchsetzen, könnte diese Technologie in wenigen Jahren sehr interessant werden, wenn genügend große Mengen an älteren Akkus diesem Kreislauf zugeführt werden könnten und damit deutlich kostengünstiger als heute werden.


Eine weitere Zukunftstechnologie besteht darin, dass Lithium besonders große Mengen an Wasserstoff je Volumeneinheit speichern kann. Auch auf diesem Wege ließen sich also Systeme konstruieren, mit denen aus alternativen Quellen erzeugte Energie bereitgestellt werden könnte. Besonders interessant wird diese Methode, sollten sich mit Wasserstoff betriebene Brennstoffzellen durchsetzen. Noch steckt die Technologie in den Kinderschuhen, doch die Technologie ist außerordentlich interessant und vielversprechend für die Mobilität von übermorgen. Aktuell sind mir noch keine Modellrechnungen bekannt, wie große Mengen an Lithium dafür benötigt würden. Doch gerade in der Einführungsphase wird es den Bedarf deutlich steigern. Sind die Systeme erst einmal installiert, würde sich allerdings kaum ein Verbrauch daraus ergeben.


Der obige Text ist meinem Kapitel über das strategische Metall Lithium entnommen. Den vollständigen Text finden Sie in dem Buch "Strategische Metalle für Investoren" von Gunther Maassen und Michael Vaupel mit mir als Gastautorin (ISBN 978-3-942888-84-4). Sollte Ihnen noch ein Weihnachtsgeschenk fehlen, erhalten Sie hier ein umfassendes Kompendium über die wichtigsten Rohstoffe der Zukunft, deren Vorkommen, Angebot und Nachfrage sowie die physische Handelbarkeit. Eine spannende Empfehlung zur Investition in physische Metalle hat vor kurzer Zeit zudem Michael Vaupel in seinem Rohstoff Performer abgegeben. Sollten Sie sich dafür interessieren, finden Sie hier detaillierte Informationen.



Herzliche Grüße



Ihre Daniela Knauer


http://www.investor-verlag.de/lithium-hoher-reinheit-stammt-…

[KaOzz]

Aktuelles zur Entwicklung des Elektroautos:


BYDs Elektroautos stromern durch Kalifornien

Der Batterie- und Autobauer aus China hat in Kalifornien seine erste US-Filiale aufgemacht. Elektro-Autos und -Busse sollen den öko-affinen Bundesstaat von L.A. aus erobern. Doch zunächst gilt es, den amerikanischen Markt zu verstehen.

weiterlesen

[KaOzz]

Antwort auf Beitrag Nr.: 42.523.500 von KaOzz am 27.12.11 15:52:21

Lithium Americas Secures Long Term Land Use Agreements for Its Cauchari-Olaroz Lithium/Potash Brine Project / - Land Use Agreements Ensure the Right to Build and Operate a Lithium/Potash Brine Production Facility on the Cauchari-Olaroz Property - Envir

TORONTO, ONTARIO -- (Marketwire) -- 01/03/12 -- Lithium Americas Corp. (TSX: LAC)(OTCQX: LHMAF) ("Lithium Americas" or the "Company"), is pleased to announce that it has secured long term land use agreements (the "Agreements") with five aboriginal communities located on the Cauchari-Olaroz properties. The Company is also providing an update on the progress it has made in obtaining the final approval for its Environmental Impact Statement ("EIS").

"The Agreements that we have signed are an acknowledgement of the mutual respect between Lithium Americas and the aboriginal people," said Dr. Waldo A. Perez, President and CEO of Lithium Americas. "These Agreements, providing Lithium Americas the right to build and put into production its lithium/potash operation, were the continuation of years of engagement with the aboriginal communities that started with a Social Responsibility Plan, developed in accordance with the Ecuador Principles and e3 plus guidelines, and aimed at promoting social development while minimizing the impact on the environment. We are extremely pleased to have secured land rights for the next 30 years while gaining the full engagement and participation of the region's traditional owners."

Under the terms of the Agreements, Lithium Americas will pay pre-determined fees upon signing of the Agreements, approval of the EIS, as well as annual fees over the 30 year term of the Agreements. Other important aspects of the Agreements are to provide employment priority to individuals living in the local communities, to provide training programs to the local communities, to establish joint environmental monitoring programs, and to implement a program to develop local service providers. Lithium Americas expects to finalize the land use agreement with the sixth and final aboriginal community in the near future.

Completion of Environmental and Social Baseline Study

Since 2009, Lithium Americas has been working with Ausenco Vector Inc., a world leading engineering and environmental consulting firm specializing in mining and minerals processing, on an Environmental and Social Baseline Study (the "Baseline"). The Baseline is now complete and has been presented to the Mining Judge of the Province of Jujuy, the Director of Mines and Energy Resources, the Director of Environmental Policies for Natural Resources and the Provincial Committee of Experts. While presentation of the Baseline is not compulsory under Argentinean regulations, Lithium Americas has shared the Baseline with various government authorities and the aboriginal communities, because Lithium Americas believes that a transparent relationship with the provincial mining authorities and the local communities will make the EIS approvals process both easier and quicker. The Company has already signed an agreement with the Director of Mines and Energy Resources and the Director of Environmental Policies for Natural Resources to use the Baseline in order to generate a long term management plan for the development and monitoring of the Cauchari-Olaroz lithium/potash project.

Submission of Environmental Impact Statement

Lithium Americas has completed and submitted its EIS for approval to the Director of Mines and Energy Resources for the Province of Jujuy. The Company expects to complete its definitive Feasibility Study in the second quarter of 2012, and looks forward to working with the Committee of Experts, the Minister of Production, and the Secretary General of the Provincial Government over the coming months in order to obtain final government approval of the EIS in a timely manner.

[KaOzz]

Antwort auf Beitrag Nr.: 42.549.267 von KaOzz am 04.01.12 14:55:07

Lithium Americas Secures $10 Million Stand-By Credit Facility From Key Shareholders

- Current Cash Balance Expected to Fully Fund the Completion of the Company's Definitive Feasibility Study - Credit Facility Provides Flexibility to Evaluate All Financial and Strategic Alternatives

TORONTO, ONTARIO--(Marketwire - Jan. 10, 2012) - Lithium Americas Corp. (TSX:LAC)(OTCQX:LHMAF) ("Lithium Americas" or the "Company"), announces that it has secured a $10 million stand-by credit facility (the "Credit Facility") from a syndicate of lenders comprised of Geologic Resource Partners LLC, Pinetree Capital Ltd, and PowerOne Capital Markets Limited (the "Lenders"). Each of the Lenders is currently a significant shareholder of Lithium Americas, with the Lenders collectively owning approximately 38% of the Company's outstanding shares.

Under the Credit Facility, Lithium Americas has the ability to draw down amounts in increments of $2 million, with repayment of any draw down to be made by January 6, 2015. Any amounts drawn down will bear interest at 9% per annum, payable semi annually in arrears. As at August 31, 2011 (the Company's second fiscal quarter), the Company had $15.5 million in cash and no debt. Lithium Americas expects that its current cash balance is sufficient to fund the Company's operations through the delivery of its definitive Feasibility Study ("DFS") anticipated to be delivered in the first half of 2012.

"The Credit Facility is a tremendous vote of confidence from three of our largest shareholders, as we move forward with the development of our lithium operations. It insulates us from market uncertainty and provides a ready source of non-dilutive funding, if required, post the delivery of our DFS," said W. Thomas Hodgson, Executive Chairman of Lithium Americas. "We very much appreciate the on-going strong support of our major shareholders as we continue to achieve our short term milestones. The Credit Facility affords us the financial security and flexibility to negotiate transactions that fully maximize shareholder value."

In consideration for the Lenders' commitment under the Credit Facility, Lithium Americas has agreed to issue the Lenders, in aggregate, 2 million common share purchase warrants of the Company (the "Warrants"). Each Warrant is exercisable into one common share of the Company until January 6, 2015 at a price of $1.68 (the "Exercise Price"). The Exercise Price is equal to 125% of the volume weighted average price of the Company's common shares over the 20 trading days immediately preceding the date of the Credit Facility.

The closing of the Credit Facility is subject to TSX approval and will occur immediately thereafter, as is customary for a transaction of this nature.

[KaOzz]

Quartalsergebnisse:


Lithium Americas Announces Financial and Operating Results for the Three Months Ended November 30, 2011

- Construction and Testing of Lithium Carbonate Pilot Plant Complete - Long Term Land Use Agreements Secured - Strong Cash Position - $11.5 Million in Cash and Cash Equivalents - $10 million Stand-By Credit Facility Arranged to Provide Non-Dilutive Financing - Appointment of Executive Chairman to Further Strengthen Management Team - On Schedule to Complete Definitive Feasibility Study in Q2 2012

TORONTO, ONTARIO--(Marketwire - Jan. 16, 2012) - Lithium Americas Corp. (TSX:LAC)(OTCQX:LHMAF) ("Lithium Americas" or the "Company"), today reported that it has filed its interim financial reports, including the unaudited condensed consolidated interim financial statements and management discussion and analysis, as at, and for the three and nine months ended, November 30, 2011. These documents are available in the SEDAR database at www.sedar.com and on the Company's website www.lithiumamericas.com. All amounts are expressed in Canadian dollars, unless otherwise indicated.

During the three months ended November 30, 2011 the Company incurred $1.3 million in property rights and exploration costs to further evaluate activities necessary to advance the project to the definitive feasibility study stage. As at November 30, 2011, a total of $35.9 million has been invested in property rights and exploration on the Company's Cauchari-Olaroz Lithium/Potash Project in Argentina. As at November 30, 2011, the Company had $11.5 million in cash and cash equivalents and positive working capital of $11.6 million.

"After consistently achieving the key milestones in defining and understanding our resource, Lithium Americas is now positioned to complete its definitive Feasibility Study ("DFS") and commence construction of one of the world's largest and lowest cost lithium operations'", said Dr. Waldo A. Perez, President and CEO of Lithium Americas. "In addition to having a strong cash balance, we have secured additional funding through our key shareholders, providing us with the financial flexibility post DFS to negotiate transactions that fully maximize shareholder value."

Operational highlights during the three months ended November 30, 2011 include:

Completion of Lithium Carbonate Pilot Plant - November 2011

The Company announced that its lithium carbonate pilot plant, designed and constructed by SGS Minerals Services ("SGS") in Lakefield, Ontario, has been completed, tested, and that pilot production was achieved in accordance with design specifications. The pilot plant is designed to produce approximately 30 kilograms of battery grade lithium carbonate (99.5% purity) per day. The pilot plant is now in transit to Argentina.

Confirmation that Potash will be included in Definitive Feasibility Study - October 2011

The Company announced that potash tests have yielded positive results, thereby confirming that potash will be included in the Company's definitive Feasibility Study. Lithium Americas has harvested approximately 1.5 tonnes of potash rich salts from its on-site evaporation ponds, which have now completed a full evaporation cycle at its Cauchari-Olaroz project. A total of 300 kilograms of the harvested salts have been sent to Saskatchewan Research Council's laboratories in Saskatoon, where mineralogical analysis and floatation testing was completed and confirmed that potassium chloride at 95 percent purity is achievable and that potash output during commercial production is expected to be in the ratio of 2 tonnes of potash per tonne of lithium carbonate.

Completion of Bench Scale Tests - September 2011

The Company's bench scale tests were completed by SGS. The brine processing route and the reagents are currently being patented. The information from these tests was used to design the Company's lithium carbonate pilot plant.

Completion of Evaporation Cycle - September 2011

The Company has completed a full cycle of evaporation from its industrial scale ponds. The 180 day cycle, which was in line with estimates provided in the PEA, produced approximately 15 tonnes of concentrated lithium brine. This concentrated lithium brine was processed in the pilot plant to produce 99.5 percent purity lithium carbonate. Lithium Americas continues producing concentrated lithium brine through this evaporation process in order to feed the Company's pilot plant once it has been reassembled on site.

Completion of Laboratory Expansion - September 2011

The Company has completed the expansion of its on-site laboratory which is now able to analyze 50 full samples per day for the following elements: Lithium, Sodium, Potassium, Calcium, Magnesium, Boron, Sulphates, Chlorides as well as physical parameters including pH and conductivity. The lab is fully equipped with atomic absorption facilities and has recently completed round robin comparisons with five different certified international labs. The lab has been designed and audited by Alex Stewart Assayers for Quality Assurance and Quality Control.

Completion of Thermodynamic Model - September 2011

The completion of this model allows the Company to predict the brine processing route - from brine extraction at the wells to the evaporation ponds, through the evaporation cycle and finally to the lithium carbonate processing plant. The model reconstructs the changes to the brine throughout the process route at different chemical and physical parameters (including weather, interaction with reagents, time, etc.), assisting the Company in optimizing its design efforts. The model was designed exclusively for the Cauchari-Olaroz brine and constitutes proprietary technology.

Operational and corporate highlights achieved subsequent to Lithium Americas' November 30, 2011 quarter end include:

Secured $10 Million Stand-By Credit Facility from Key Shareholders - January 2012

The Company announced that it has secured a $10 million stand-by credit facility ("Credit Facility") from a syndicate of lenders comprised of Geologic Resource Partners LLC, Pinetree Capital Ltd, and PowerOne Capital Markets Limited (the "Lenders"). The Lenders collectively own approximately 38% of the Company's outstanding shares. Under the Credit Facility, Lithium Americas has the ability to draw down amounts in increments of $2 million, with repayment of any draw down to be made by January 6, 2015. Any amounts drawn down will bear interest at 9% per annum, payable semi annually in arrears. In consideration for the Lenders' commitment under the Credit Facility, Lithium Americas has agreed to issue the Lenders, in aggregate, 2 million common share purchase warrants of the Company (the "Warrants"). Each Warrant is exercisable into one common share of the Company until January 6, 2015 at a price of $1.68 (the "Exercise Price"). The Exercise Price is equal to 125% of the volume weighted average price of the Company's common shares over the 20 trading days immediately preceding the date of the Credit Facility.

Appointment of Executive Chairman - January 2012

The Company appointed W. Thomas Hodgson as Executive Chairman of the Board of Directors. Mr. Hodgson has been a director of the Company since January 2010, and was appointed Chairman of the Board following the Company's annual meeting in June 2011. Mr. Hodgson is Senior Partner and Chairman of Greenbrook Capital Partners Inc., a financial advisory firm. Mr. Hodgson was formerly a consultant and advisor to the Chairman of Magna International, one of the world's largest automotive suppliers, and has over twenty years of experience in capital markets research, corporate advisory matters, and consulting.

Long Term Land Use Agreements - January 2012

The Company announced that it has secured long term land use agreements (the "Agreements") with five aboriginal communities located on the Cauchari-Olaroz properties. Under the terms of the Agreements, Lithium Americas will pay pre-determined fees upon signing of the Agreements, approval of the EIS, as well as annual fees over the 30-year term of the Agreements. Other important aspects of the Agreements are to provide employment priority to individuals living in the local communities, to provide training programs to the local communities, to establish joint environmental monitoring programs, and to implement a program to develop local service providers. Lithium Americas expects to finalize the land use agreement with the sixth and final aboriginal community in the near future.

[KaOzz]

+++++++++++++++++++ N E W S +++++++++++++++++++




Independent 3D Model Confirms Size and Productive Capacity of Lithium Americas' Cauchari-Olaroz Resource

- 3D model results used to support the development of a Reserve Estimate and to evaluate & identify optimal production well field design and pumping strategy - Results support 50% fewer production wells - Independent audit of the Resource Estimate confirms no significant changes to previously reported Resource Estimate - Model predicts a mine life of greater than 40 years

TORONTO, ONTARIO--(Marketwire - Feb. 27, 2012) - Lithium Americas Corp. (TSX:LAC)(OTCQX:LHMAF) ("Lithium Americas" or the "Company"), announces the completion of a 3D brine numerical model (the "Model") used to simulate brine extraction from its Cauchari-Olaroz lithium/potash project. The Model enables prediction of brine flow within the salar (i.e. salt lake), mine life, lithium grade depletion over time and reserves. The modeling is supported by geological, hydrogeological and geochemical data collected through field programs at the site.

"A 3D brine numerical model is the ultimate tool to fine tune the mine plan in a brine development resource. The Model has also supported many of the critical assumptions in our Preliminary Economic Assessment ("PEA") including the size, quality and estimated productive life of the Cauchari-Olaroz resource estimate - one of the largest lithium brine resource in the world. We are very pleased that the Model also indicates that due to the exceptional geological characteristics of our salar, we are expected to require approximately 50% of the production wells originally estimated in the PEA to put phase 1 of the project into production", said Dr. Waldo A. Perez, President and CEO of Lithium Americas. "We continue to add value to our project and to demonstrate the technical capability of our team. We expect to deliver the definitive Feasibility Study with reserves and a mine plan in Q2 2012".

Results of the Model will be displayed at the Company's booth (# 2523), at the Prospectors and Developers Association of Canada Convention (PDAC) in Toronto, Ontario and at the Corporate Presentation Forum for investors on Tuesday March 6th at 10:40am in room 801b.

The 3D Brine Numerical Model

The Model was developed in FEFLOW hydrogeology modeling software by AquaResource Inc., a division of Matrix Solutions Inc., (a Canadian company that provides expertise in numerical modeling and data management of groundwater and surface water systems) with the involvement of Dr. Mark King, Independent Qualified Person for Lithium Americas. The Model incorporates additional data collected since the previous Resource Estimate filed on December 6, 2010, including geology, hydraulic testing and brine results from five pumping well arrays and four sets of salt lake boundary tests as well as a water balance analysis, completed in 2011.

The upcoming Reserve Estimate will be derived from simulation of a conceptual production well system that is designed to meet engineering, hydrogeological and property constraints which control the recoverable portion of the Resource, the Reserve. The Model predicts that the grade of the pumped brine will remain above 600 milligrams per litre lithium for a period of at least 50 years.

The Model also shows that an annual production rate of 40,000 tonnes of lithium carbonate can be achieved over a period of 40 years without extracting brine from outside of the property boundary. The predicted duration for which the Company can maintain a production rate of 40,000 tonnes of lithium carbonate per year within the Model exceeds 50 years.

Near Term Milestones

The near term milestones of the Company include:


Completion of the certification and qualification process for the Company's battery grade lithium carbonate with multiple customers

Re-assembling the Pilot Plant, built by SGS Minerals Services in Canada, at the Company's project in order to start continuous production at pilot scale at the project site

Completing the definitive Feasibility Study and starting Detailed Engineering

Completing financing and off-take agreements with strategic parties


http://tmx.quotemedia.com/article.php?newsid=48811368&qm_sym…

[KaOzz]

Lithium Americas Announces Financial and Operating Results for Fiscal Year 2012

TORONTO, ONTARIO--(Marketwire - May 29, 2012) - Lithium Americas Corp. (TSX:LAC)(OTCQX:LHMAF) ("Lithium Americas" or the "Company"), reported its financial and operating results for the fiscal year ended February 29, 2012 today. All amounts are expressed in Canadian dollars, unless otherwise indicated.

As at February 29, 2012, the Company has invested a total of $39.8 million in property rights, exploration and evaluation activities related to the Cauchari-Olaroz lithium project in Argentina. During the twelve months ended February 29, 2012 the Company incurred $11.4 million in property rights, exploration and evaluation cost activities necessary to complete the Definitive Feasibility Study ("DFS"). As at February 29, 2012, the Company had $7.3 million in cash and cash equivalents and positive working capital of $5.3 million. The Company also has an undrawn $10 million stand-by line of credit available to fund current operations.

"After consistently achieving the key milestones in defining and understanding our resource, Lithium Americas is now positioned to complete its Definitive Feasibility Study ("DFS") and commence construction of one of the world's largest and lowest cost lithium operations", said Dr. Waldo A. Perez, President and CEO of Lithium Americas. "In addition to our cash balance, we have secured additional funding through a $10 million stand-by line of credit, which provides us with the financial flexibility to negotiate transactions that will fully maximize shareholder value after completion of the DFS."

Operational Highlights

Operational highlights during the year ended February 29, 2012 include:

Completion of 3D Brine Numerical Model - In February 2012 the Company announced that it had completed a 3D brine numerical model (the "Model") used to simulate brine extraction from its Cauchari-Olaroz Lithium Project. The Model was developed in FEFLOW hydrogeology modeling software by AquaResource Inc, and enables prediction of brine flow within the Olaroz and Cauchari salt lakes, mine life, lithium grade depletion over time, and reserves. The modeling is supported by geological, hydrogeological, and geochemical data collected through field programs at the site.

Long Term Land Use Agreements - In January 2012 the Company announced that it had secured long-term land use agreements (the "Agreements") with five aboriginal communities located on the Cauchari-Olaroz properties. Under the terms of the Agreements, Lithium Americas will pay pre-determined fees upon signing of the Agreements, approval of the Environmental Impact Statement, as well as annual fees over the 30 year term of the Agreements. Other important aspects of the Agreements are to provide employment priority to individuals living in the local communities, to provide training programs to the local communities, to establish joint environmental monitoring programs, and to implement a program to develop local service providers. Lithium Americas expects to finalize the land use agreement with the sixth and final aboriginal community in the near future.

Completion of Environmental and Social Baseline Study - In January 2012 the Company announced that the Environmental and Social Baseline Study (the "Baseline") is complete and has been presented to the Mining Judge of the Province of Jujuy, the Director of Mines and Energy Resources, the Director of Environmental Policies for Natural Resources and the Provincial Committee of Experts. While presentation of the Baseline is not compulsory under Argentinean regulations, Lithium Americas has shared the Baseline with various government authorities and the aboriginal communities, because Lithium Americas believes that a transparent relationship with the provincial mining authorities and the local communities will make the Environmental Impact Statement approvals process both easier and quicker.

Submission of Environmental Impact Statement - In January 2012 the Company announced that it had completed and submitted the Environmental Impact Statement for approval to the Director of Mines and Energy Resources for the Province of Jujuy.

Completion of Lithium Carbonate Pilot Plant - In November 2011 the Company announced that its lithium carbonate pilot plant, designed and constructed by SGS Minerals Services ("SGS") in Lakefield, Ontario, had been completed, tested, and that pilot production was achieved in accordance with design specifications. The pilot plant is designed to produce approximately 30 kilograms of battery grade lithium carbonate (99.5% purity) per day. The pilot plant has subsequently been shipped to the Company's project site, where it is being re-assembled.

Confirmation that Potash will be included in the Definitive Feasibility Study - In October 2011 the Company announced that potash tests had yielded positive results, thereby confirming that potash will be included in the Company's Definitive Feasibility Study. Lithium Americas has harvested approximately 1.5 tonnes of potash rich salts from its on-site evaporation ponds, which have now completed a full evaporation cycle at its Cauchari-Olaroz project. A total of 300 kilograms of the harvested salts have been sent to Saskatchewan Research Council's laboratories in Saskatoon, where mineralogical analysis and floatation testing was completed and confirmed that potassium chloride at 95 percent purity is achievable and that potash output during commercial production is expected to be in the ratio of 2 tonnes of potash per tonne of lithium carbonate.

Completion of Significant Engineering Milestones - In September 2011 the Company announced the completion of significant engineering milestones:

Completion of Bench Scale Tests

The Company's bench scale tests were completed by SGS. The brine processing route and the reagents are currently being patented. The information from these tests was used to design the Company's lithium carbonate pilot plant.

Completion of Evaporation Cycle

The Company has completed a full cycle of evaporation from its industrial scale ponds. The 180-day cycle, which was in line with estimates provided in the PEA, produced approximately 15 tonnes of concentrated lithium brine. This concentrated lithium brine was processed in the pilot plant to produce 99.5 percent purity lithium carbonate. Lithium Americas continues producing concentrated lithium brine through this evaporation process in order to feed the Company's pilot plant once it has been reassembled on-site.

Completion of Laboratory Expansion

The Company has completed the expansion of its on-site laboratory which is now able to analyze 50 full samples a day for the following elements: Lithium, Sodium, Potassium, Calcium, Magnesium, Boron, Sulphates, Chlorides as well as physical parameters including pH and conductivity. The lab is fully equipped with atomic absorption facilities and completed round robin comparisons with five different certified international labs. The lab has been designed and audited by Alex Stewart Assayers for Quality Assurance and Quality Control.

Completion of Thermodynamic Model

The completion of this model allows the Company to predict the brine processing route - from brine extraction at the wells to the evaporation ponds, through the evaporation cycle and finally to the lithium carbonate processing plant. The model reconstructs the changes to the brine throughout the process route at different chemical and physical parameters (including weather, interaction with reagents, time, etc.), assisting the Company in optimizing its design efforts. The model was designed exclusively for the Cauchari-Olaroz brine and constitutes proprietary technology.

Production Well Pump Test Results

In September 2011 the Company announced the pump test results from its production well drilling program. A total of five production wells were tested. Four of the wells were used to evaluate the yield potential of the brine aquifer, and one was used to evaluate the yield of the freshwater aquifer. Access to freshwater is key in keeping operating costs low, as freshwater is required for the planned on-site lithium carbonate processing plant.

Brine Aquifer Wells:

The four production wells were used to evaluate the yield of the brine aquifer. The flow rates identified in three of the four wells are more than double the estimates used in the Preliminary Economic Assessment (PEA), independently produced by ARA Worley Parsons and filed on May 4th, 2011. According to the PEA, a total brine production rate of approximately 400 litres per second is required to produce 20,000 tonnes per year of lithium carbonate. The PEA assumed that 40 production wells were required to achieve this production. The pump test results indicate that the actual number of required production wells could be approximately half of the original estimate, thereby decreasing both the capital cost and operating cost requirements.

Chemical sampling of the brine was conducted daily for the duration of the pump tests.

The average lithium grade of the measured resource, as previously reported in the PEA, is 656 milligrams per litre. Chemical sampling results confirm that after extracting significant amounts of brine, the composition remains stable and is comparable to the resource average. This result indicates continuity of grade across the extensive hydraulic capture zones of the pumping wells, and provides a high degree of confidence in the resource estimate.

Fresh Water Aquifer Well:

A fresh water well was drilled down 51 meters. According to the PEA, the lithium carbonate processing plant needs approximately 60 to 80 litres per second of freshwater. The PEA estimated that 6 wells would be required to satisfy this amount of freshwater. The updated pump test results from the freshwater well suggest that adequate supply may be obtained from fewer than 6 wells, to supply all the freshwater required to operate the on-site lithium carbonate processing plant.

This freshwater, while not of potable quality, is suitable for the industrial water requirements of the lithium refining process. This access to freshwater represents a significant cost advantage for the project as it confirms that the lithium processing plant can be built on-site. Lack of local freshwater is a common problem for some current lithium carbonate producers. Consequently, there is often a need to transport concentrated brine to an off-site facility in order to complete final processing of the lithium carbonate, adding significantly to the overall operating costs.

Completion of Preliminary Economic Assessment - In April 2011 the Company announced the results of a National Instrument 43-101 compliant Preliminary Economic Assessment and Economic Evaluation of the Cauchari-Olaroz Lithium Project, Jujuy Province, Argentina, effective April 30, 2011, ("PEA") for its Cauchari-Olaroz Lithium Project in Argentina. The PEA was prepared by the independent engineering firm, ARA WorleyParsons ("ARAWP"). ARAWP has a significant amount of experience in lithium brine processing, having designed and participated in building the world's largest and lowest cost lithium brine processing facility in Chile. The PEA provides for a 40,000 tonne per annum ("TPA") lithium carbonate ("LCE") production facility built in two phases, with construction of the first 20,000 TPA phase expected to begin in 2012, and construction of the second phase expected to begin in 2016. Potash and borax by-products were not included in the economic assessment, and could potentially add further value to the project.

The PEA calculates a base case pre-tax net present value ("NPV") of US$983 million, assuming an 8% discount rate, and an after-tax NPV of US$715 million. The base case pre-tax Internal Rate of Return ("IRR") is 30% and after-tax IRR is 26%. Production of LCE is assumed to be 40,000 TPA, achieved via an evaporation pond system and processing plant built in two phases, with each phase capable of producing 20,000 TPA. The first phase is expected to begin generating revenue from LCE production in 2014, while the second phase is expected to begin generating revenue in 2018. The capital costs associated with the first phase are estimated to be US$217 million, while the capital costs associated with the second phase are estimated to be US$181 million.

The PEA estimates cash operating costs at US$1,434 per tonne which the Company believes may be one of the lowest operating costs in the industry.

Lithium Processing Facility - In March 2011 the Company engaged SGS Minerals Services ("SGS"), from Lakefield in Ontario, Canada to complete bench studies required to design the lithium carbonate production plant and the construction of a continuous lithium carbonate pilot plant to produce a 99.5% purity lithium carbonate. Construction of the pilot plant commenced in April 2011. As identified above in point 5 of this Operational Highlights section, Lithium Americas announced in November 2011 that its lithium carbonate pilot plant was completed, tested, and that pilot production was achieved in accordance with design specifications. The plant has been shipped to Argentina, and it is being re-assembled at the project site.

Corporate Highlights

During the year ended February 29, 2012, The Company achieved a number of important corporate milestones including:

Secured $10 Million Stand-By Credit Facility from Key Shareholders - In January 2012 the Company announced that it had secured a $10 million stand-by credit facility ("Credit Facility") from a syndicate of lenders comprised of Geologic Resource Partners LLC, Pinetree Capital Ltd, and PowerOne Capital Markets Limited (the "Lenders"). Each of the Lenders is currently a significant shareholder of Lithium Americas, with the Lenders collectively owning approximately 38% of the Company's outstanding shares. Under the Credit Facility, Lithium Americas has the ability to draw down amounts in increments of $2 million, with repayment of any draw down to be made by January 6, 2015. Any amounts drawn down will bear interest at 9% per annum, payable semi annually in arrears. In consideration for the Lenders' commitment under the Credit Facility, Lithium Americas agreed to issue the Lenders, in aggregate, 2 million common share purchase warrants of the Company (the "Warrants"). Each Warrant is exercisable into one common share of the Company until January 6, 2015 at a price of $1.68 (the "Exercise Price"). The Exercise Price is equal to 125% of the volume weighted average price of the Company's common shares over the 20 trading days immediately preceding the date of the Credit Facility.

Appointment of Executive Chairman - In January 2012 the Company appointed W. Thomas Hodgson as Executive Chairman of the Board of Directors. Mr. Hodgson has been a Director of the Company since January 2010, and was appointed Chairman of the Board following the Company's annual meeting in June 2011 (see point 5 below).

Appointment of CFO - In August 2011 the Company announced the appointment of Mr. Omar Salas as the Company's Chief Financial Officer. Mr. Salas is a financial executive with extensive international experience in the mining industry, which includes eight years with Placer Dome, where he held different financial positions in Canada and overseas. Mr. Salas received his Master of Business Administration from McGill University, and is a Certified Management Accountant.

Trading on US Market - In June 2011 the Company's shares commenced trading on the OTCQX International Marketplace ("OTCQX") in the United States of America, under the symbol "LHMAF". Lithium Americas retained Stifel, Nicolaus & Company, Incorporated to serve as the Company's Principal American Liaison ("PAL"), responsible for providing guidance on OTCQX requirements.

New Chairman - In June 2011 the Company announced the appointment of Mr. W. Thomas Hodgson as Non-Executive Chairman of the Company. Mr. Hodgson has been a Director of the Company since January 2010, and was formerly a consultant and advisor to the Chairman of Magna International, one of the world's largest automotive suppliers, and has over twenty years of experience in capital markets research, corporate advisory matters, and consulting.

New Director - In June 2011 the Company announced that Mr. John Kanellitsas joined the Board of Directors. Mr. Kanellitsas is the Chief Operating Officer of Geologic Resource Partners, one of the Company's largest shareholders, and an investment manager focusing on the global mining and metals resource industries. Mr. Kanellitsas has worked in financial markets and asset management for over two decades with positions at prominent investment banks and money management firms in San Francisco, New York, and Sun Valley, Idaho.

http://tmx.quotemedia.com/article.php?newsid=51623669&qm_sym…

[KaOzz]

Antwort auf Beitrag Nr.: 43.222.544 von KaOzz am 29.05.12 18:37:34

Lithium Americas Announces Completion of Positive Definitive Feasibility Study

- Updated Measured & Indicated Resource Estimate Validates and Increases the Previous Estimate and Confirms Cauchari-Olaroz as the World's Third Largest Lithium Brine Resource - The Estimated Reserve supports a 40 Year Project Life based on the Company's Stage 1 and Stage 2 Production Plan - Battery Grade Lithium Carbonate Operating Costs Remain one of the Lowest in the Industry, and Significantly Lower than Hard Rock Lithium Projects - Robust Project Economics Outline Stage 1 Project Revenue of US$6.6 Billion and EBITDA Margin of 65% - Stage 1 Project NPV Increases by more than 40% vs. Initial PEA Results (at 8% pre-tax discount rate) to US$738 million

http://tmx.quotemedia.com/article.php?newsid=52095579&qm_sym…

[KaOzz]

Für Fertigstellung der Machbarkeitsstudie zu einer der größten Lithium-Reservoirs der Welt mit 1,6 Mio t Li-Carbonat, 3,2 Mio t Kalisalz und einem geplanten Minenleben von 40 Jahren, hält sich die Euphorie in Grenzen.

[Barkmann]

Das Unternehmen scheint pleite zu sein. nach der aktuellen Präsentation waren am 14. November noch ca. $ 1 Million in der Kasse.

Ist mir ein Rätsel, wie man so ein Weltklasse-Projekt an die Wand fahren kann. Orocobre macht das deutlich besser.

[wiwifant]

Lithium Americas receives approvals for POSCO plant

2014-09-03 08:42 ET - News Release

Mr. Mike Cosic reports

LITHIUM AMERICAS PROVIDES UPDATE ON CAUCHARI-OLAROZ LITHIUM PROJECT

Lithium Americas Corp. has provided an update on the development of its Cauchari-Olaroz project, including the progress made with POSCO on the previously signed co-operation agreement, the continued strong support from various Argentine government entities including Jujuy Energia y Mineria Sociedad del Estado (JEMSE), the company's strong balance sheet, and the evolution of the company's senior management team and board of directors.

POSCO co-operation agreement and large-scale pilot plant

As previously reported, POSCO, Korea's largest steel company, has been developing an innovative lithium extraction technology, which is much faster than traditional brine evaporation technology, minimizes the environmental footprint associated with large-scale evaporation ponds and achieves significantly higher lithium recovery rates than traditional evaporation technology. In January, 2014, Lithium Americas signed a co-operation agreement with POSCO (see the company's press release dated Jan. 17, 2014), pursuant to which POSCO's large-scale pilot plant (PP3) will be located on the Cauchari-Olaroz site. Since that time, the company has been actively working with POSCO, preparing the Cauchari-Olaroz property to receive POSCO's lithium extraction pilot plant.

POSCO issued a press release in mid-August updating the market on the progress of its lithium extraction pilot plant and reaffirming its commitment to developing its proprietary lithium extraction technology on a large scale. The PP3 plant is now shipboard, is expected to arrive in Antofagasta, Chile, by mid-October, and is targeted to be in operation within the fourth quarter of 2014. POSCO expects the PP3 will be operating for several months in order to complete large-scale testing. Following POSCO's determination of successful testing of the pilot plant, the co-operation agreement contemplates a 90-day exclusivity period to negotiate the terms associated with a commercial-scale lithium plant at the Cauchari-Olaroz project.

Strong relationships and full Argentine support

Lithium Americas's management met with senior executives of POSCO and with senior Argentine federal and provincial government officials in Argentina last week, and is pleased to report that all requisite approvals have been confirmed for the importation and operation of the POSCO pilot plant at the Cauchari-Olaroz project. These approvals follow the earlier environmental impact approval received in July for the POSCO process. The meetings in Buenos Aires with federal officials were hosted by Jujuy governor, Eduardo Fellner. As widely reported in Argentine papers, the government is fully supportive of increasing production of lithium in Argentina and benefiting the local provincial economy and communities.

The company's management also met last week with senior executives of JEMSE, the government of Jujuy's mining investment company, involved in the development of mining projects in the province of Jujuy. In November, 2012, the company announced that it had entered into a letter of intent with JEMSE, whereby JEMSE will acquire an 8.5-per-cent equity interest in the Cauchari-Olaroz lithium project, as it will with other lithium projects in the province. JEMSE has reaffirmed its support of the company's business relationship with POSCO, and is excited to be involved with the commercialization of POSCO's high-efficiency technology. Last week's meeting with JEMSE focused on the long-term sustainable development of the Cauchari-Olaroz basin, and LAC confirmed that it is fully supportive of following industry best practices in order to protect this world-class resource so the local economy can benefit for generations.

Financial, senior management and board of directors update

As at June 30, 2014, the company had repaid all its long-term debt, had a cash balance of $6.5-million and positive working capital of $5.3-million, having successfully completed a common share financing in March, 2014, based on an offering of rights to holders of its common shares for gross proceeds of approximately $18.6-million. The company expects to have sufficient funds to carry itself through the POSCO evaluation period and the company determining the optimal future course of development, estimated to occur by midyear 2015.

At the company's annual general meeting (AGM) in June, 2014, four new directors were named to the board: Gary Cohn, Gerry Feldman, Sergio Marchi and Myron Manternach. At the board of directors' meeting immediately following the AGM, John Kanellitsas was appointed president and chief executive officer of Lithium Americas on a permanent, full-time basis, having served as the company's interim CEO since June, 2013, and as a director of the company since 2011. Mr. Kanellitsas joins Tom Hodgson, the company's executive chairman, and Franco Mignacco, the company's vice-chairman, as full-time senior executives focused on creating long-term shareholder value by using Cauchari-Olaroz as the foundation of a major world-class lithium enterprise.

"We are delighted that John has accepted the position of president and CEO on a permanent basis," commented Tom Hodgson, executive chairman of Lithium Americas. "We are also extremely fortunate to be able to leverage the knowledge and resources of a very business-oriented board of directors. The outlook for lithium is extremely positive, and the company is very well positioned to play a leadership role in the quickly evolving lithium industry."

LAC's CEO, John Kanellitsas, added: "We are committed to aggressively pursuing our mission to create value for all our stakeholders, ranging from our public shareholders to the local economies and people of Jujuy province in Argentina, and our technology partners at POSCO in Korea. The tremendous benefits of the POSCO process are potentially industry changing. We are proud to be working with POSCO in this effort."

We seek Safe Harbor.

© 2014 Canjex Publishing Ltd. All rights reserved.

[German2]

Lithium Americas Announces First Production of Lithium Ready for Export from Cauchari Salar in Jujuy Province, Argentina
T.LAC | 21 hours ago
POSCO's High Efficiency Lithium Extraction Demo Plant Achieving or Exceeding All Performance Targets

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2015) -

Editors Note: There are 2 photos associated with this press release.

Lithium Americas Corp. (TSX:LAC) ("LAC" or the "Company") is pleased to announce that POSCO's innovative high efficiency lithium extraction demonstration plant (the "Demo Plant") operating at LAC's Cauchari salar in Jujuy Province, Argentina, has produced in excess of six tonnes of lithium compound since the formal inauguration of the Demo Plant on December 22, 2014. These initial six tonnes of lithium compound will now be sent by POSCO to Korea for final processing and packaging, and then delivered for testing to end users and potential customers. POSCO has advised that initial test results indicate that the Demo Plant is achieving or exceeding all initial performance targets as it has operated on a continuous 24 hour production cycle.

To view photo please click on the following link: http://www.marketwire.com/library/20150120-LithiumCompound.j…

The POSCO extraction process is also capable of producing potash. The potash demonstration plant, located in Jujuy city, is in the final stage of construction and is expected to be in operation in the next few weeks. Both the lithium and potash plants will operate for several weeks, following which LAC expects to commence commercial stage negotiations with POSCO in the spring of 2015.

As previously reported, POSCO, Korea's largest steel company and a leader in the development of advanced material processes, has developed a proprietary and innovative lithium extraction technology which it believes has numerous advantages compared to traditional lithium brine evaporation technology. Specifically, POSCO claims that its technology produces lithium considerably more quickly than traditional brine evaporation technology, minimizes the environmental footprint associated with large scale evaporation ponds used in traditional brine evaporation technology, and has a recovery rate which is significantly higher than traditional brine evaporation technology. The higher recovery rates associated with POSCO's processing technology should result in a project requiring fewer production wells for a given level of production, thereby reducing the capital cost requirements for the wells as compared to traditional evaporation technology. In addition, higher recovery rates would serve to increase the effective size of a lithium resource, thereby extending the life of a project. POSCO's several hundred tonne per year Demo Plant is the final stage test in the commercialization plan for its high efficiency lithium extraction process, having previously successfully operated pilot plants in 2011 and 2013, respectively.

LAC's previously published National Instrument 43-101 compliant Feasibility Study ("FS") was based on the use of traditional evaporation technology. According to the FS results, the resource estimate contained in the Company's Cauchari-Olaroz lithium project is the third largest known lithium brine resource in the world.

LAC's board of directors met in Argentina this past week, visited the Company's Cauchari-Olaroz lithium project, and received a tour of the Demo Plant, conducted by Dr. Uong Chon, head of POSCO's lithium team. Following the Board visit, LAC's Executive Chairman, Tom Hodgson, commented: "We are very encouraged by the positive initial test results of the Demo Plant, and congratulate Dr. Chon and his team for their exceptional efforts in constructing a very impressive facility. We are excited by the many benefits that POSCO's technology is expected to bring to our already world-class lithium resource, and we look forward to beginning commercial stage negotiations in the near future."

To view photo please click on the following link: http://www.marketwire.com/library/20150120-Flags.jpg

Cautionary Note and Forward-Looking Statements

This press release contains forward looking statements, which can be identified by the use of statements that include words such as "developing", "expect", "will", "continue", "implementing", or other similar words or phrases. Forward-looking statements express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results. Forward-looking statements are based on certain assumptions, including the key assumptions and parameters on which such estimates are based, involve risks and uncertainties and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to, possible variations in mineral resource and reserve estimates, grade/concentration or recovery rates, lithium or potash prices, operating or capital costs; changes in project parameters as plans continue to be refined; political, community relations, regulatory, environmental and other risks of the mining industry and other risks more fully described in the Company's Annual Information Form available on SEDAR. The Cauchari-Olaroz project has no operating history upon which to base estimates of future cash flow. The capital expenditures and time required to develop any new project is considerable and changes in capital and/or operating costs or construction schedules can affect project economics. It is possible that actual capital and/or operating costs may increase significantly and economic returns may differ materially from the Company's estimates or that prices of lithium and/or potash may decrease significantly or that the Company could fail to enter into a commercialization agreement for the project, extraction technologies may not function as expected or at all, or may fail to obtain further project financing on acceptable terms and conditions or at all, in which case, the project may not proceed either on its original timing or at all. It is not unusual in the mining industry for new mining operations to experience unexpected problems during the start-up phase, resulting in delays and requiring more capital than anticipated. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking statements, there may be other factors that cause results to be materially different from those planned, estimated, forecasted, projected or expected. The Company does not intend, and does not assume any obligations, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward looking statements.

Lithium Americas Corp.
Mike Cosic
Chief Financial Officer
[phone]
[e-mail]
www.lithiumamericas.com

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