Great job Mike!
Lithium demand for batteries has grown steadily over the past several years and is forecast by Roskill to grow annually by 21.5% until 2017 (1). Western Lithium believes that demonstrated new acceptance of electrified vehicles as plug-in hybrids and electric vehicles will increase demand for lithium further over the next several years.
Western Lithium believes that a domestic supply chain will emerge in the United States consisting of new innovation and invention around lithium powder chemistries, and battery technology. As a domestic supplier of lithium molecules, we think we are well positioned to fuel this important technology for the future of automation, energy optimization and energy storage.
Please click on picture below to see more photos.
Ceremonial Opening of the Hectatone organoclay plant in Fernley, Nevada.
From left to right: Dennis Bryan, Sr. VP (Western Lithium); Jay Chmelauskas, CEO (Western Lithium); Tom Grady, Nevada Assemblyman; LeRoy Goodman, Mayor of Fernley; Mark Amodei, Congressman.
Introducing new Hectatone™ products - thermally stable organoclay for High Pressure High Temperature oilfield drilling applications – in 2014
Western Lithium is pursuing the opportunity to be a supplier of specialty drilling additive, hectorite clay, for the oil and gas industry, and in particular, to support the growth of high pressure high temperature (HPHT) deep directional drilling applications.
HPHT drilling environments are encountered for certain shale and deep offshore oil and gas deposits. Western Lithium believes that HPHT opportunities will continue to grow as new directional drilling technology is used to globally target new unconventional oil and gas reserves.
The Hectatone™ organoclay plant is on schedule to begin manufacturing specialty drilling fluid additives in the fall of 2014.
Dennis Bryan, Senior Vice President of Development, is a qualified person under National Instrument 43-101, and has reviewed and approved all of the scientific and technical information contained under the “Home” and “Project” headings on this website, other than the NI 43-101-compliant technical report for the Kings Valley Property, dated May 9, 2014, which is available on this website or at www.sedar.com. This technical report includes relevant information regarding the effective date and the assumptions, parameters and methods of the mineral resource estimates on the Kings Valley Property under the “Home” and “Project” headings on this website.