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Industry News

June 11, 2013

Electric-car makers lower prices in race to catch Toyota’s Prius

A price war has broken out in the electric vehicle market.

Nissan Canada Inc. said Tuesday it will offer a lower-priced version of its Leaf when the 2013 model goes on sale next month. General Motors of Canada Ltd. is offering seven-year, interest-free loans on the Chevrolet Volt for the next 10 days.

May 27, 2013

Bombardier branches out into electric bus business

An unusual item dominated Bombardier Inc.’s display stand at one of the world’s biggest transportation exhibitions. It wasn’t a shiny new plane or train. It was a bus.

May 23, 2013

Brazil to auction biggest-ever oil find in October

Brazil plans in October to auction off rights to explore and produce from its biggest oil find to date, and the government hopes to take a large share of the oil produced by winning bidders.

May 09, 2013

Video: The Tesla Model S is our top-scoring car

There, we said it. The Tesla Model S outscores every other car in our test Ratings. It does so even though it's an electric car. In fact, it does so because it is electric.

May 08, 2013

Weir Sees International Acceleration Amid U.S. Shale Dominance

Demand for hydraulic fracturing equipment may expand to a third the size of the current North American market by 2016 as international shale development accelerates, according to Weir Group Plc (WEIR), the biggest supplier of pressure pumps.

Feb. 21, 2013

Frost & Sullivan, Global Lithium-ion Market to Double Despite Recent Issues

LONDON, Feb. 21, 2013 /PRNewswire/ -- The global lithium-ion battery market was worth $11.7 billion in 2012 and is expected to double by 2016, according to Frost & Sullivan.

July 06, 2012

I Am Silent, Hear Me Roar

It doesn't snarl like a Lamborghini, but Tesla's new Model S is no eat-your-broccoli all-electric car, says Dan Neil—more like eat-up-the-pavement-while-grinning-ear-to-ear.

June 28, 2012

The strong economics of WLC's King's Valley clay lithium deposit speaks for itself

The Energy Report Interview with Chris Berry (6/28/12) "One mature lithium company that has received a lot of attention lately is Western Lithium USA Corp. Perhaps the biggest news here is the appointment of a new chairman of the board. John Macken will step in for Ed Flood. Ed founded Western Lithium and is handing over the reins to John, who has been on the board of Western Lithium since 2008. This should be a seamless transition which can help strategically position the company as it moves toward a production decision.

May 30, 2012

SQM forecasts 2012 battery demand growth as being over 20%

Q1 results reveal 34% increase in profits, higher lithium, iodine, potash prices
Chile’s SQM (Sociediad Quimica y Minera) reported earnings for the first quarter of 2012 of $150m, an increase
of 34.7% year on year.

May 24, 2012

Electric cars exploding? That’s 'pure fiction'

Supporters of electric vehicles are getting charged up in their defence of battery-powered cars, citing the pros of plug-ins and attacking critics for ignoring, misrepresenting or misunderstanding the facts.

Apr. 12, 2012

Electric Bicycles Power Growth of Lithium Battery Technology

A trend toward the adoption of electric cars may be foreshadowed by the growth of electric bicycles and the global shift in transportation that has already demonstrated an impact on the lithium industry. A recent report from Pike Research forecasts that the global market for electric bicycles will climb at an estimated compound annual growth rate of more than seven percent over the next six years, which could reflect global annual sales of over 47 million vehicles by 2018.

Mar. 27, 2012

The Energy Report Interview with Chris Berry about WLC

The Energy Report Interview with Chris Berry (3/27/12) "Western Lithium has a clay deposit in northern Nevada called Kings Valley. It recently completed a prefeasibility study, which shows very strong economic potential. Western Lithium will have the ability to produce up to 27 Kt/year of lithium carbonate several years down the road after commercial production commences. One of the keys to Western Lithium is its potential operating costs, which are sub-$1,000/t when byproduct credits are included. This is what would allow a company like Western Lithium to compete with the big boys.

Mar. 15, 2012

US Automotive Industry to Become Electric Vehicle Pioneer by 2022

United States President Barack Obama recenlty launched EV Everywhere, the second Clean Energy Grand Challenge. The ambitious program is designed to collaboratively engage entrepreneurs, engineers, and scientists in developing more affordable and convenient electric vehicle within the next ten years.

Jan 02, 2012

Western Lithium completes prefeasibility on Kings Valley

Jay Chmelauskas bought his 100%-electric Nissan Leaf about a month ago and charges its battery at one of two charging stations across the street from the Pan Pacific Hotel in downtown Vancouver. The car gets him around town and his family to the local ski hills. And a $5,000 rebate from the provincial government makes the $40,000 sticker price far more palatable. But it’s the “fantastic technology” that convinces him that going electric is the way of the future.

Dec. 01, 2011

Nevada's Top Ten Exploration Projects for 2012 -Coyner

Second on the list is Western Lithium's flagship Kings Valley Lithium Project in Humboldt County, Nevada. It is believed to have contained measured and indicated lithium resources totaling 801,000 tonnes. A pre-feasibility study is scheduled to be completed at the end of this year.

Nov. 05, 2011

New rebates help B.C. drivers plug into clean cars

SURREY - Starting next month, consumers will be able to access $17 million in funding that will help get them into clean energy vehicles and support the green-tech sector in British Columbia as part of the 'Canada Starts Here: The BC Jobs Plan', Environment Minister Terry Lake and Energy and Energy and Mines Minister Rich Coleman announced.

Nov. 04, 2011

Western Lithium plans to open Humboldt County mine

Reno-based Western Lithium has signed an agreement with the U.S. Department of Energy's Argonne National Laboratory to develop the firm's mining project in Humboldt County.

Oct. 31, 2011

Amodei: Lithium Agreement is Path to Jobs and Economic Growth for Nevada

RENO – Congressman Mark Amodei (NV-2) today praised an agreement between Reno-based Western Lithium and the U.S. Department of Energy’s Argonne National Laboratory as a major step toward the commercialization of lithium carbonate from the company’s Kings Valley lithium project in Humboldt County. Western Lithium estimates that the mine will employ 150 full-time workers.

Oct. 27, 2011

The World's Largest Lithium-Ion Battery Farm Comes Online

For nearly a month now, a cluster of 53-foot containers on ridge of Laurel Mountain in West Virginia has been sipping power from wind turbines that stretch out in both directions.

Oct. 24, 2011

Nissan eyes 1.5 million electric cars by 2016

Japanese auto giant Nissan is aiming to sell 1.5 million electric vehicles around the world by 2016, the company said Monday, as it looks to capitalise on growing demand for green products.

July 28, 2011

Carmakers Back Strict New Rules for Gas Mileage

DETROIT — Four years ago, the American auto industry was so opposed to higher fuel economy standards that executives of Detroit camped out in Washington in an unsuccessful bid to undercut them.

Apr. 21, 2011

Company Tries to Gain Cash, Political Backing for Nev. Lithium Project

Developers of a Nevada lithium project are making the rounds in Washington, D.C., this week trying to rally political support for a mine that they say could provide the United States with a key mineral for making batteries for electric cars and other "clean energy" technologies.