lithium batteries continue to develop as governments focus on evs

In March 21, 2019, lithium batteries continued to develop as governments focused on electric vehicles.
New York, March 21, 2019/PRNewswire /--
In recent years, due to the growing global demand for lithium, lithium prices have risen sharplyionbatteries.
Lithium prices rose 45% in 2018 to $16,500 a year. over-
As demand starts to exceed supply this year. Lithium-
Ion batteries are used in various applications such as electric vehicles (EV)
Portable consumer electronics and power grid energy storage systems, for example.
Batteries are usually used for applications that require weight and height
Energy density solution as lithium
Compared with conventional batteries, ion batteries are more compact.
They also have a higher energy density per weight than conventional batteries.
In addition, the ongoing technological advances are designed to reduce the weight of these batteries while maintaining the ability to provide sufficient power.
While the battery market is the largest part of the entire lithiummarket, energy storage systems are expected to grow at the fastest rate due to the continued development of wind and solar PV around the world.
In addition, the rising demand for efficient and clean energy has accelerated the development of the lithium market, resulting in a sharp increase in prices.
According to data compiled by Grand View Research, lithium-
Ionbattery market is expected to reach $93.
By 2025, the compound growth rate was 1 billion, reaching 17%.
The electric vehicle market is expected to be the main driver of the entire market, and the growing popularity of portable consumer electronics and grid storage systems will accelerate its growth.
New lithium(OTC: NTTHF)(TSX-V: NLC)
, LiventCorporation (NYSE: LTHM)
Panasonic Corporation (OTC: PCRFY)
Energy, Inc. (NASDAQ: ENPH)
Lithium Corporation of America(NYSE: LAC)(TSX: LAC)
The electric vehicle market is growing rapidly thanks to government initiatives aimed at passing clean environment legislation as countries have begun to restrict or even ban natural gas
Power car.
For example, countries within the EU have implemented regulations restricting natural gas.
Motor vehicles on the road.
Meanwhile, the United StatesS.
Federal credit for electric car owners to reduce global environmental harm.
Several automakers have also promised to reshape their production lines.
In a few years of shortcomings, some manufacturers plan to produce only electric vehicles and cancel the production of natural gas.
Power car.
\"As automakers continue to increase production of electric vehicles, demand for power grids will grow exponentially.
According to the best estimates, adoption growth could drive 300-
Compared with 2040, electricity consumption doubled in 2016.
The current grid will need to develop significantly to adapt to this growth, driving a new wave of innovation in the field of wind and solar energy, which will eventually turn the global dependence on coal to clean energy alternatives, according to a study by Thomson Reuters.
New lithium(OTCQX: NTTHF)(TSX-V: NLC)
Also listed on the TSXVenture exchange under the stock code (TSX-V: NLC).
Earlier today, the company announced, \"positive results of the pre-feasibility study (\"PFS\")
According to National Instrument 43101 (\"NI 43-101\")for its wholly-
OwnedTres lithium brine project (\"3Q Project\")
Province of katamaka, Argentina.
GHD Chile SA is preparing a technical report summarizing PFS (\"GHD\")
And groundwater insights.
According to NI 43-101 (
Technical report).
GHD is a leading independent engineering service company with extensive experience in project development and some of the largest low cost lithium brine processing facilities in Chile and Argentina.
Groundwater insights
It is a technical consulting company with more than 18 salars experience in lithium salt during exploration or production.
The estimates in the technical report were completed by the groundwater mathematical model expert ihilla research team under the supervision of the groundwater insight company(
Insight into groundwater].
Golder SA and G & T Ingenieria SA were also involved in the study.
Waldo Perez, president and CEO of Neo Lithium, commented, \"with the discovery of high-tech
Based on our preliminary economic assessment, We optimized the 3Q project development plan.
New capital expenditures and operating expenses, and my longevity and high longevity
Grade Salt water allows us to propose a 50% asuperior IRR.
In addition, we are currently continuing to drill the core of the high grade and we are now able to verify that the 3Q project is still of higher importance
Potential resource upgrades, PFS represents a comprehensive study of the technical and economic feasibility of the 3Q project, and has developed to the stage of establishing the preferred processing method and identifying an effective mineral processing method.
If not indicated, all dollar amounts in this press release are in the United StatesS. dollars (\" $ \").
Currency exchange is based on the current exchange rate.
Description pea PFSAfter-
Present value of TaxNet (
$1. 2 billion, $1. 144 billion\"
@ 8% discount rate-
Internal Rate of Return (\" 27.
90% 49. 90%IRR \")
Capital expenditure for the first phase was $490.
2 million 318 dollars.
9 million cash operating costs (
$2,791 per ton 2,914 lithium carbonate per ton)
Average annual output (
Lithium carbonate 35,000 20,000)
MineLife for 20 years and 35 years (
Production from 2 years, 1 year, 8 months)Note: By-products (
Such as potash, calcium chloride, phosphate)
\"Preliminary Economic Assessment not included in the company (PEA)
Project NI43-3Q
101 technical report, prepared by Catamarca, Argentina, GHD, effective date of December 12, 2017 (\"PEA\")
It may also add incremental value to 3Q projects.
\"We are pleased with the results of PFS.
We have improved our performance in all aspects and require a smaller capital investment in similar photovoltaic products.
The 3Q project is now easier to build and easier to finance, and its huge scale allows us to think about potential phased expansion.
The final value of this project will be realized over time.
Mineral resources, mineral reserves and mining plans the mineral resources are defined in the company\'s \"technical report on the latest mineral resources estimation of the 3Q lithium project in katamaka Province, Argentina\" prepared by groundwater insight company
The effective date is August 14 and 2018. the summary is as follows: high-grade lithium core (Cut-
800 off deposit (Cut-off 400 mg/L)mg/L)
Indication of measurement the volume inferred by M & I [Mm3]45. 4 93.
8 139 28.
Month 152 cm 1,070 cm 1,222 cm 939 cm average lithium concentration (mg/L)
1,010 cm 1,006 cm 1,007 cm 1,239 cm 701 cm 602 cm 614 cm 584 cm tons of lithium carbonaterounded)
244,000 cm 502,000 cm 746,000 cm 186,000 cm 569,000 cm 3,436,000 cm 4,005,000 cm 2,917 cm, 000The 3Q project strategy to maximize the value of the first extraction thehigh
The grade core brine of 5 wells is located at high-
Measure and indicate the level component of the resource with a screen between 70 and 100 m.
Early extraction of high-
First-grade saline can minimize the size of early ponds.
The grade is expected to decrease over time, and the brine is extracted as the grade decreases.
So the whole pond has been increasing over the years.
A numerical groundwater model was developed to support 35-year mine plan.
The model predicts that the salt water grade will drop over time and simulate additional salt water recovery to maintain the production of about 20,000 tons of lithium carbonate equivalent in the mine life cycle.
The model is based on a rigorous combination of groundwater flow and pollutant migration parameters to simulate long-term brine recovery.
The tonnage, grade and classification of mineral reserves captured in the PFS mine plan are outlined below.
Average volume concentration of salt water [tonnes]LCE [tonnes]
* Resources [Mm ^3 [mg/l]
*[%]]
* Proof that it may prove possible
Month 1,177 1,113 2,542 5,923 13,526 a month. 50%10-
February 7 month 1,000 21,549 44,038 114,642 234,282 a month --
November 10 month 841 20,211 53,472 107,524 284,472 a month!
35 183 cm 670 cm 18,694 cm 81,513 cm 99,453 cm 433,651 cm 13% cm 360 cm 790 cm total 35 years 61,600 cm 182,000 cm 328,000 cm 966,000 cm 32% cm production * Total M & A my resources 40050 million tons LCE @ 400 mg/l cut
Closing/* Rounding/* these two include some accidental captures in inferred resources, which are excluded from reserve estimates.
In the first 10 years of the PFS mine plan, 5 wells per mouth will produce high production of 51l/sgrade brine.
In the next 10 years, the same oil well will produce 64 liters of crude oil.
From 20 years later, a total of 11 wells were put into use, and the output of individual wells rose between 23 and 49 liters.
The evaluable salt water recovery rate is designed to maintain a relatively constant productivity of about 20,000 tons of lithium carbonate equivalent (\"LCE\").
Within the known parameters of the saline aquifer, the required yield is reasonable.
However, there is enough space in the resources for additional production wells if needed.
The company has installed a production well capable of continuously producing 84 liters from highgradezone.
The recommended mining operation and treatment PFS identified the preferred development option as a conventional evaporation pool operation, followed by the purification and precipitation of lithium carbonate.
Gabriel Pindar said that we have been working hard to develop a mining plan and a process facility to maximize the competitive advantage of the 3Q project, which has a high grade and low impurities, director and Chief Operating Officer of resource-scale neo Lithium.
We have tailored them.
Use the mature technology used by major companies in the region to minimize operational and construction risks.
\"The process starts by extracting salt water from the pumping well and enters the solarevaporation pre-evaporation
Concentration pool.
After a retention period of about 20 days, about 90% of sodium chloride and other salts are discharged from the salt water.
Potash is harvested in subsequent ponds and no reagents are needed.
The salt water is then transferred to the calcium chloride sedimentation tank, and the thick agent is used to extract most of the calcium precipitated into the Antarctic.
In order to control the pH value and to crystallize the boronic acid from the brine, a small amount of hcic acid is required.
The stay time in the calcium chloride pond is about 105 days.
When the salt water reaches the lithium concentration of 3.
5%, shipped to the salt water processing plant.
The total time to reach this stage is about 225 days, and the lithium recovery rate in the pond is about 60%.
It is expected that the lithium grade of the incoming brine will change with the change of mine life, from 177 mg/1 year to 670 mg/L in 35 years.
Therefore, before
The concentration pool must be expanded over time to keep production unchanged.
In the early stage, 406 hectares of pre-
The concentration pool will be utilized.
After that, the expansion of 102 hectares will be carried out twice in 10 years and 20 years respectively.
In my life cycle, the calcium chloride pool and the thick agent remain the same.
Producing an average of 20,000 tons of LCE per year, by mining high-level first-class resources, the demand for capital at the beginning of the project is minimized.
In fiambala y Recreo: fiambala, the processing of concentrated brine is realized in four stages (100 Km.
From the month of teafradas)
* Removal of residual boron by solvent extraction;
* Add saturated sodium sulfate solution to remove the remaining calcium; Recreo (465 Km. from Fiambalá)
* Mix with white wine and baking soda to remove traces of calcium and magnesium;
And * add soda ash and heat precipitate lithium carbonate, then dry and pack.
The recovery rate of sulfuric acid plant is 92%, and the recovery rate of carbonated plant is 85%.
The company is currently operating a 1: 500 pilot plant in fiambala, tofine.
Adjust this standard method
Major producers have demonstrated in industry the general method of achieving battery grade lithium carbonate.
The key parameters that provide the basis for PFS and other qualifications and assumptions are as follows.
The initial capital cost is estimated at approximately $0. 319 billion. Life-of-
It is estimated that the cost of deferred and maintenance capital for mines is approximately $0. 207 billion and the cost of closure is approximately $26 million.
See the following table for details of capital costs: Description ($ Million)
The direct cost is $128.
$55 facility and equipment in 10 factories.
80 infrastructure and $63 others.
Direct costs totaled $247.
The overhead cost is $24.
$47 emergency response.
Total initial capital was $318.
90. the cost of deferred and maintained capital was $206.
The closing fee is $26.
30 Note: Numbers may not match completely due to rounding.
The average operating cost per ton of processing is as follows: description $000/year
Lithium carbonate)
DirectCosts ChemicalReactives and reagents $27,989 $1,469 SaltHarvesting equipment 98 energy $6,055 $318 $1,867 $5,075 $266 people $8,019 $420li2co2 78 89 maintenance shipping $1,694 $1,527 $ SUBTOTAL direct costs $52,225 $2,740 indirect costs general costs $3,310 $174 total cost of production $55,535 $2,914 note: numbers may not match exactly.
Research on market benchmark entrusted by lithium battery market PriceNeo lithium battery Mining Co. , Ltd.
In December2018 reflect the following results: $/tonneyear onwardslithium carbon brush 14,100 16,000 14,800 2021 2022 2023 2024 average 11,500 of implementation 606 in I of life cycle in, the average price of lithium carbonate is estimated at about $11,882 per ton.
Basic case sensitivity analysis discount rate after tax npv us $ irr npv pre-tax Million US $ IRR Million after tax discount 6% $1,331 $ 2,0048% $1,144 49.
$ 90% 1,547 60.
30% 10% $956 $1,224 future of work platform now going to complete a complete of feasibility study to further verify and detailed (pre-
Feasibility Study
At the level of reserves, it is recommended to be high-
In a place where 100 metres have been drilled.
Extra High definition
Level resources may have a significant impact on pondrequitions, and it is possible to increase production with fewer ponds.
The project is already in progress and the first drilling results are expected to be achieved soon. Extra Long
Regular pumping tests in high school
It is also recommended to test the aquifer in the case of production scale pumping.
At present, the company is conducting a 20-day long-term pumping test, which is almost complete.
The pilot plant operation currently in the commissioning and testing phase is essential to complete the feasibility study and demonstrate the concept of a plant facility that produces battery grade lithium carbonate.
The final feasibility study must consider the economics of the following factors
Products including potash, calcium chloride and phosphate can be obtained at any time with a little extra investment.
The proposed feasibility study is expected to be completed in the first half of 2020.
From an environmental and licensing perspective, Neo Lithium is fully allowed for use in the current work plan through feasibility and construction.
The company has completed the basic research and is now completing the final environmental impact assessment report for mine construction.
The report is expected to be submitted immediately to the mining authorities in Argentina.
The technical information technology report will be submitted to SEDAR within 45 days from the date of publication of this press release.
PFS is being prepared according to NI 43-
101 prepared by GHD and GroundwaterInsight in collaboration with a globally recognized team of consultants.
Two independent qualified experts leading the consultant team are: * Gino ZandonaiEng.
A Chilean professional mining engineer and supervisor under crisco0x5, is an independent qualified person who signed the report for GHD Chilean SA;
Dr. Mark KingD. , P. Geo.
Registered with the Nova Scotia Association of Professional geographical scientists, Canadian professional geographical scientists are independent qualified personnel who sign the groundwater Insight report.
The two qualified personnel below NI 43
101 technical information relating to PFS in this press release has been reviewed to be accurate and a written disclosure of such information has been approved.
In addition to the above provisions, all scientific and technical information contained in this press release has been reviewed, validated and approved. Perez, Ph. D. and P. Geo.
CEO and director of Neo Lithium and qualified personnel of NI 43
101 and supervise the preparation and approval of the contents of this press release.
The project financing project defines the main economic parameters of the 3Q project.
After a strategic discussion with multiple partners in 2018, the company now has a solid foundation to discuss various financial options to advance the project.
\"The strong project economy generated from PFS further confirms our view that the 3Q project is a special project, especially when our industry is facing unprecedented growth, it needs to be predicted that the chairman of neo LithiumCorp, Constantine karayanopoulos, pointed out.
\"We don\'t lack choice. The next step is to carefully analyze how to maximize value for shareholders.
\"About the new lithium company: the new lithium company
With its high quality 3Q project and experienced team, it has quickly become a well-known new term for lithium saline exploration.
Neo Lithium, with sufficient capital, is rapidly advancing its recently discovered 3Q project --a unique high-
Lithium salt water lake and Sal complex in Latin America\'s \"Lithium Triangle.
The 3Q project is located in katamaka Province, Argentina\'s largest rock producing area.
The project covers an area of about 35,000 hectares and about 16,000 hectares of the Sal complex in the area. .
The technical team who discovered the 3Q project described this unique salar complex as one of the most experienced in lithium salars.
For example, the team identified and led technical work including resource definitions and comprehensive feasibility studies that established Cauchari lithiumsalar as the world\'s largest lithium salt water resource
Other information about Neo Lithium
Available on SEDAR atwww. sedar.
Company Profile and com under the website atwww. neolithium.
Includes various pictures of the work being done on the project.
Liven company (NYSE: LTHM)
For more than 60 years, working with customers to use lithium safely and sustainably has powered the world.
Livent Corporation recently announced the fourth quarter
Performance in 2018.
Livent\'s revenue this year was $0. 443 billion, up 27% from 2017.
According to the accepted accounting principles, the company fully reported
Net annual income was $0. 126 billion, compared to $42 million in 2017. Full-
The adjusted annual EBITDA was $0. 183 billion, up 2017 from 45%.
According to its strategy, Livent is committed to strengthening its cooperation with the world\'s largest and fastest growing customers of hydroxide.
The company expects raw materials and value-added tax for Chinese exports to rise in 2019, partly offset by favorable foreign exchange.
In addition, the overall profit margin will be reduced due to the impact of the purchase of lithium carbonate.
Paul Graves, president and CEO of Livent Corporation, said, \"We expect these costs to be temporary in nature.
When our first phase of lithium carbonate expansion is launched in Argentina, the requirement to purchase third-party lithium carbonate will end, and we currently expect it to be in the medium term. 2020.
As we increase lithium oxide beyond China in the next few years, as exports outside China decrease, VAT costs will also decrease.
The fundamental driving force of our industry needs is still positive.
In particular, the sales of electric vehicles that have consistently surpassed the most optimistic forecasts, as well as the growing popularity of battery technology in lithiumhydroxide.
We still believe that Livent will continue to be a leader in the performance lithium compounds industry in the coming years.
Panasonic Corporation (OTC: PCRFY)
Leading the world in developing a wide range of electronic technologies and solutions for customers in consumer electronics, housing, automotive and B2B businesses.
Last year, Panasonic began mass production of prismatic-
Type automotivelithium-
Ion batteries in Dalian factory, China.
Market Forecast-
Conscious vehicles including hybrid and plug-in vehicles
Thanks to the improvement of environmental awareness in recent years, hybrid cars and electric vehicles are growing every year.
In response to the market demand, Panasonic has started production in this factory, which is its response to the prismatic-
Lithium for cars
Ion batteries in China
Maximum expectations for expanding demand for lithium for automobiles
Ion batteries produced by Panasonic
High capacity-
Safety prism
In this factory, we will ship them to the North American and Chinese markets.
Shipments will be expanded in the future to reach more destinations, which will help drive the spread of the ecosystem
Conscious vehicle
With the mass production of automotive lithium
The plant\'s ion battery, Panasonic, now has production systems covering Japan, the United States and China, which are three major locations around the world.
Panasonic will strengthen the global competitive power of its car batteries through these websites and further expand its car battery business in the future.
Energy company, Enphase. (NASDAQ: ENPH)
The global energy technology company provides intelligent and convenientto-
Use solutions that connect solar power generation, storage and management on a smart platform.
Energy company, Enphase.
Recently announced that since the introduction of the Enphase AC battery, it has shipped more than 27 MW energy storage systems™.
More than 12,500 households around the world have installed Enphase Energy storage systems, of which nearly 40% have not installed
The solar system of the same phase reflects the energy of the same phase building.
The Enphase system is fully integrated, including battery packs, battery management systems, charging controllers, inverters, and control software.
Energy storage system of Enphase™Provides a modular and scalable way to store solar energy at night
With time or future use, givinghome has greater energy independence.
These systems have been safely tested and certified by Rheinland TÜV in Germany, and their AC coupling architecture ensures nohigh-
A voltage DC is exposed to either the installer or the homeowner.
In addition, the Enphasestorage system uses lithium iron phosphate (LFP)
Battery chemistry provides high rated current, long cycle life, excellent thermal stability and enhanced safety and tolerance.
\"Solar installation contractors around the world are using AC battery products to build truly innovative solar storage systems,\" said Badri Kothandaraman, President and CEO of Enphase . \".
\"I am impressed by how the customer accepts the calibrated features of AC battery products.
I am happy to see what our customers and installation partners have done to many new options for our next energy storage
A generation of charging storage products will be delivered.
Lithium America(NYSE: LAC)(TSX: LAC)
Together with Ganfeng Lithium, cachari-is being developed-
The Olaroz lithium battery project is under construction in inJujuy, Argentina through 62.
5% interest in Minera Exar.
Lithium Corporation of America
Recently provided building updates on Cauchari
Olaroz lithiumproject is in the province of hohoi, Argentina. Cauchari-Olaroz is 100%-
Owned by minera Exar S. A.
There are 62 joint ventures.
5% by lithium America and 37.
5% Jiangxi Ganfeng Lithium Industry Co. , Ltd. , Ltd.
Although January and February are the rainy seasons in the examination
Olaroz, the site has been hit by unusually heavy rainfall in recent weeks.
Minera Exar is pleased to report on current building activities and cauchari-
Olarozremains is expected to achieve production in 2020.
The company is also pleased to provide the latest development of its 100% owned Thacker Pass lithiumproject in Nevada.
Following the release of the preliminary feasibility study in August 2018, by developing a pilot plant in Reno, Nevada, the company is considering producing lithium isohydrogen directly from Lithium sulfate to provide greater flexibility.
Commissioning of the pilot plant is in progress and is expected to start testing and optimization in the short term.
Jon Evans, president and COO of lithium America, commented, \"heavy rainfall in January and February has no significant impact on our building activities and schedules.
We note that, at this stage of development, the temporary disruption to the highway laid by Jujuy International has been promptly corrected, with little impact on dilution of the pond. \" Mr.
Evans continued, \"We are very pleased with the progressat website and continue to work closely with our partner, Ganfeng Lithium, to explore ways to further optimize the project. \"Subscribe Now!
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