Lithium

Tritium Announces First Half Calendar Year and Full Fiscal Year Results for the Period Ended June 30, 2023, Including Record First Half 2023 Calendar Year Revenue of $112 Million and a $75 Million Financing Commitment

Retrieved on: 
Thursday, September 21, 2023
EV, NACS, Calendar, DC, Buy America Act, Federal Highway Administration, Greenhouse gas emissions by the United States, Appetite, Pulse, Inflation, Growth, Combined, Inflation Reduction Act of 2022, Order fulfillment, Software, Cryptocurrency, Lithium, Tritium

BRISBANE, Australia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (“Tritium” or the “Company”) (Nasdaq: DCFC), a global leader in direct current (“DC”) fast chargers for electric vehicles (“EVs”), today provided an update on its business. Today’s announcement will be followed by a conference call for investors at 10:30 AM Eastern time.

Key Points: 
  • In September 2023, the Company secured a financing commitment of up to $75 million, with an initial funding of $25 million.
  • “We are very pleased to deliver these excellent revenue and margin results for our shareholders,” said Tritium CEO Jane Hunter.
  • “Our commitment to product quality, spanning our hardware, software, and service offerings, is a key differentiator and competitive advantage for Tritium.
  • Tritium announces that it has changed its fiscal year end from June 30 to December 31, beginning in the 2024 calendar year.

Alpha Lithium Files Improved Preliminary Economic Assessment and Provides Update on Strategic Review Process

Retrieved on: 
Thursday, September 21, 2023
Lithium, Techno-economic assessment, Inference, Fenix, Salta Province, Committee, Salar del Hombre Muerto, G&A, QP, PEA, NPV, NO, NI, Mining, OTC, FGC, Transport, Sal, Lithium carbonate, POSCO, News, NEO, Rare-earth element, Alpha, Doctor of Philosophy

The Company also provides an update on its ongoing strategic review process, which continues with active discussions with multiple, multinational parties.

Key Points: 
  • The Company also provides an update on its ongoing strategic review process, which continues with active discussions with multiple, multinational parties.
  • Brad Nichol, President & CEO of Alpha, commented, “Our Strategic Review Process continues, and Alpha is well-positioned with our unique and highly attractive assets.
  • Alpha’s robust strategic review process continues to receive significant interest and remains in progress, as discussions with several interested parties continue.
  • Alpha is well-positioned with its unique lithium assets, which remain highly attractive to a global list of interested parties, including Tecpetrol.

Fifteen Lithium-Bearing Pegmatites Identified as United Lithium Completes Surface Sampling Program at the Patriot Project, Colorado

Retrieved on: 
Thursday, September 21, 2023
Lithium, Quartz, CSE, Geology, Quartz Creek (Gunnison County, Colorado), Laser-induced breakdown spectroscopy, Soil, Tantalum, Bazooka, Rare-earth element, Quartz Creek, Patriot, United

Nine of the fifteen are new discoveries and the remaining six, while new to United, were identified from historical records and confirmed with recent sampling.

Key Points: 
  • Nine of the fifteen are new discoveries and the remaining six, while new to United, were identified from historical records and confirmed with recent sampling.
  • Results are from a surface bedrock sampling program completed over the entire 2,580 hectare (“ha”) Patriot Project, which is located within the Quartz Creek historical pegmatite mining district.
  • This recent surface sampling program was highly successful, having returned high-grade results of up to 3.97% Li2O (“lithium oxide”).
  • The multiple high-grade results of up to 3.97% lithium oxide further supports our enthusiasm of the discovery potential at Patriot.

Dragonfly Energy Becomes First Nevada Company to Join Battery Materials and Technology Coalition

Retrieved on: 
Thursday, September 21, 2023
Partnership, BMTC, Niagara International Transportation Technology Coalition, Battleborn, Public policy, Human, Research, Recycling, Government, Mining, Growth, Ecosystem, Lithium, Renewable energy

Dragonfly Energy joins the Battery Materials and Technology Coalition (BMTC), adding Nevada to the coalition’s growing continental footprint.

Key Points: 
  • Dragonfly Energy joins the Battery Materials and Technology Coalition (BMTC), adding Nevada to the coalition’s growing continental footprint.
  • Members now represent 26 states and four Canadian provinces
    By adding its voice, Dragonfly Energy will help ensure the coalition shapes smart public policy and strategically grows North America’s battery ecosystem, further solidifying our national leadership in the growing global battery economy and Nevada’s position as the lithium capital of North America
    RENO, Nev., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries™, is the newest member of the Battery Materials and Technology Coalition (“BMTC”).
  • The Company joins other industry leaders involved in the mining, extraction, processing and recycling of battery materials, as well as those that develop cathode, anode, cell, pack and battery technology enhancements.
  • “Dragonfly Energy’s innovative battery technology, manufacturing processes and research efforts are all making significant contributions to the energy storage sector,” Dr. Vick Singh, director of research and development at Dragonfly Energy, said.

Enovix to Acquire Routejade

Retrieved on: 
Wednesday, September 20, 2023
Internet of things, Electrode, Acquisition, Architecture, Silicon, ROI, Electric battery, Lithium

Adds immediately accretive battery business focused on Military and IoT end markets with growth potential and opportunity to cross-sell Enovix silicon cells.

Key Points: 
  • Adds immediately accretive battery business focused on Military and IoT end markets with growth potential and opportunity to cross-sell Enovix silicon cells.
  • FREMONT, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced the acquisition of privately-held Routejade, an established Korean battery manufacturer for a total consideration of approximately 6.2 million shares of Enovix common stock and $16.5 million in cash assuming purchase of 100% of Routejade.
  • Routejade has been qualified as a supplier of coated rolls of electrodes for Enovix batteries with capacity to support the Fab2 scale-up that begins in 2024.
  • An archived version of the call will be available on the Enovix investor website for one year at https://ir.enovix.com .

EHang Strategically Invests in Solid-State Lithium Metal Battery Tech Company Inx to Develop Solid-State Battery Supply Chain for eVTOLs

Retrieved on: 
Wednesday, September 20, 2023
Research, Cell, AAV, Engineering, OEM, Safety, Lithium, Renewable energy, Electric battery, EHang, INX

The funding will primarily be used for Inx’s R&D on solid-state lithium metal battery technologies, market expansion, production and deliveries.

Key Points: 
  • The funding will primarily be used for Inx’s R&D on solid-state lithium metal battery technologies, market expansion, production and deliveries.
  • Founded in 2020, Inx is a high-tech company specializing in the research and production of solid-state lithium metal batteries with core patents in materials, processing, manufacturing and battery designs.
  • An advanced 200MWh solid-state lithium metal battery production line, key material preparation line, and solid-state battery analysis and testing platform have been established.
  • Moving forward, Inx will closely collaborate with our strategic customers, leveraging the strengths of Inx’s solid-state lithium metal batteries.

The Coretec Group Announces Industry Panel Discussion on Development of Lithium-Ion Batteries with Speakers from Navitas Systems and EnPower Greentech, Inc.

Retrieved on: 
Tuesday, September 19, 2023
EV, ANN, Development, COREtec Dôme, OTCQB, CHS, Battery, Silicon, Partnership, Mobile phone, Lithium, Electric battery

Speakers include fellow industry players, Navitas Systems and EnPower Greentech, Inc. , and will take place on Wednesday, September 27, at 11:00am EST.

Key Points: 
  • Speakers include fellow industry players, Navitas Systems and EnPower Greentech, Inc. , and will take place on Wednesday, September 27, at 11:00am EST.
  • The panel will be independently produced and hosted by The Coretec Group via Zoom.
  • This discussion will be filled with valuable insights into current and future battery innovation, and its role across the entire energy value chain.
  • We can’t wait to hear everyone’s ideas.”
    The free, hour-long online panel discussion will be held on Wednesday, September 27, at 11:00am EST.

Dragonfly Energy Successfully Manufactures Lithium Battery Cell Using High-Purity Recycled Battery Materials from Aqua Metals

Retrieved on: 
Tuesday, September 19, 2023
Dragonfly, Energy, Recycling, Cell, Carbon, CR2032, Development, Growth, Lithium, Electric battery, Research

Dragonfly Energy successfully used high-purity lithium hydroxide recovered by Aqua Metals Inc. from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy’s patented dry battery electrode coating technology

Key Points: 
  • Dragonfly Energy successfully used high-purity lithium hydroxide recovered by Aqua Metals Inc. from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy’s patented dry battery electrode coating technology
    This proof of concept is another milestone in the commitment of Dragonfly Energy and Aqua Metals to help create a closed lithium loop in Nevada, in which lithium battery material sourcing, manufacturing, and recycling all happen within the state
    RENO, Nev., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries TM and an industry leader in energy storage, in collaboration with Aqua Metals, Inc. (Nasdaq: AQMS) (“Aqua Metals”), a pioneer in sustainable lithium battery recycling, has successfully used high-purity lithium hydroxide recovered by Aqua Metals from recycled lithium-ion batteries to manufacture a lithium-based battery cell using Dragonfly Energy’s patented dry battery electrode coating technology.
  • The process demonstrates a potential path towards a more circular and sustainable lithium battery manufacturing industry that addresses the finite and costly nature of battery materials.
  • “This is an exciting step forward for the emerging lithium battery industry, as we have qualified the high-purity lithium hydroxide Aqua Metals recovers from recycled lithium batteries to manufacture new battery cells,” said Dr. Vick Singh, Director of Research and Development for Dragonfly Energy.
  • Aqua Metals provided this high-purity lithium hydroxide to Dragonfly Energy, where it was used in the production of a standard CR2032 cell using the Company’s patented dry powder coating process.

Azimut and Mont Royal Advance a Lithium-Focused Field Program at Wapatik, James Bay Region, Quebec

Retrieved on: 
Tuesday, September 19, 2023
Caesium, Rubidium, Eeyou Istchee James Bay Regional Government, Azimut, Property, ASX, National instrument, LCT, National Instrument 43-101, Tantalum, Gallium, Tin, Lithium

LONGUEUIL, Quebec, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report that a comprehensive lithium-focused prospecting program is underway on the Wapatik Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec.

Key Points: 
  • LONGUEUIL, Quebec, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report that a comprehensive lithium-focused prospecting program is underway on the Wapatik Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec.
  • Wapatik is about 20 kilometres north of Allkem’s lithium deposit (mineral resource of 110.2 Mt at 1.30% Li2O, published in August 2023).
  • The Property is under option to Mont Royal Resources Limited (“Mont Royal”) (ASX: MRZ).
  • ), Vice-President of Exploration, and François Bissonnette, Operations Manager, have also reviewed the contents of this press release.

SPEY RESOURCES CORP. ANNOUNCES KASLO, BC SILVER PROJECT ADVANCES

Retrieved on: 
Tuesday, September 19, 2023
CHIPS, ZINC, Lithium, Canada, Cat, Geophysics, Bell, Keeley Institute, CSE, Bismarck, Zinc, QC, Berlin International Film Festival, Share (finance), ATV, Lead, Geology, Property, QA/QC, TIN, FRA, Bachelor of Science, Silver, ROCK, Gold, Soil, NI, Map, CMV, OTC, MBM, Black Fox, Silver Bell, MAIG, News, Copper, Rare-earth element, Mining, Uranium mining, PB

Vancouver, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") announces that it has received the results from its June 23 soil sampling, rock chip and reconnaissance work on its 42 claims west of the town of Kaslo, BC Canada.

Key Points: 
  • Additional work was completed on the Silver Bell – Silver Bear trend and the Cat occurrence.
  • A total of 207 soil samples were collected along predetermined soil lines (green on above map) at a 25 m spacing.
  • Field duplicates and blanks were inserted at a rate of 2 QC samples per 50 soil samples.
  • The Silver Bear – Silver Bell* trend is defined as a > 1 km long SW-NE trending set of mineral occurrences in the south-west portion of the Property.