Demonstration

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

Retrieved on: 
Tuesday, April 2, 2024

A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.

Standard Lithium Installs Commercial DLE Column at Demonstration Plant

Retrieved on: 
Wednesday, March 13, 2024

EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.

Key Points: 
  • EL DORADO, Ark., March 13, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully installed a commercial-scale Direct Lithium Extraction (“DLE”) column at its Demonstration Plant near El Dorado, Arkansas.
  • The column has been installed and integrated with the Company’s existing Demonstration Plant to test and derisk the design for commercial applications of the LiPRO™ LSS technology.
  • Standard Lithium’s Director, President & COO, Dr. Andy Robinson commented, “this is an important derisking milestone for Standard Lithium and our partners.
  • With the commercial-scale LSS column, we can continuously test real brine from the Smackover at a commercial level.”
    Figure 1 – Commercial-scale DLE column installed at Standard Lithium’s Demonstration Plant near El Dorado, Arkansas.

Itron and GE Vernova Pioneer Unification of Grid Edge and Grid Operations Data, Giving Utilities Real-Time Insights Needed to Enable a More Reliable, Resilient Grid

Retrieved on: 
Thursday, February 22, 2024

Bringing together grid edge data with operations data will close gaps in visibility that previously prevented utilities from identifying and resolving grid issues quickly and efficiently.

Key Points: 
  • Bringing together grid edge data with operations data will close gaps in visibility that previously prevented utilities from identifying and resolving grid issues quickly and efficiently.
  • Itron and GE Vernova software solutions are expected to activate vast numbers of aggregated DERs to help ensure grid reliability.
  • These solutions ultimately improve a utility's ability to leverage DERs to mitigate grid constraints, minimize congestion and help accelerate grid modernization and a clean energy transition.
  • The demonstrations will be available in Itron’s booth #2200 and GE Vernova’s booth #2127.

COSEQUIN® CELEBRATES 10 YEARS OF PARTNERSHIP WITH WESTMINSTER KENNEL CLUB DOG SHOW

Retrieved on: 
Thursday, March 7, 2024

LANCASTER, S.C., March 7, 2024 /PRNewswire/ -- For the tenth consecutive year, Cosequin®, the #1 veterinarian recommended retail joint health supplement brand▼, is a proud sponsor of the prestigious Westminster Kennel Club Dog Show (WKC).

Key Points: 
  • LANCASTER, S.C., March 7, 2024 /PRNewswire/ -- For the tenth consecutive year, Cosequin®, the #1 veterinarian recommended retail joint health supplement brand▼, is a proud sponsor of the prestigious Westminster Kennel Club Dog Show (WKC).
  • "We are honored to celebrate our tenth year of partnership with the Westminster Kennel Club.
  • "This partnership has been anchored in mutual values and a shared mission to improve the quality of life for people and their pets.
  • We are thankful for Cosequin®'s long-standing support of our historic event and excited to continue this valuable partnership for years to come!"

ClearPoint Neuro Reports Fourth Quarter and Full Year 2023 Preliminary Revenue Results and Guidance for Full Year 2024 Revenue

Retrieved on: 
Monday, January 8, 2024

These preliminary unaudited financial results are management’s estimates and are subject to revision in the course of completing annual audit processes.

Key Points: 
  • These preliminary unaudited financial results are management’s estimates and are subject to revision in the course of completing annual audit processes.
  • Audited results for 2023 will be publicly reported by the Company later in the first quarter of 2024, prior to a Form 10-K filing for the year with full financial statements.
  • Preliminary unaudited revenue of approximately $6.8 million, a 32% year-over-year increase;
    Increased biologics and drug delivery revenue to approximately $4.1 million, a 76% year-over-year increase; and
    Cash burn of approximately $1.2 million in the fourth quarter.
  • The Company had approximately $23.1 million in cash and cash equivalents at December 31, 2023.

Honda, Tokuyama, and Mitsubishi Corporation to Conduct Joint Demonstration of Decarbonizing Data Center Using By-product Hydrogen and Stationary Fuel Cell Power Station designed to Reuse Fuel Cell Systems from FCEVs

Retrieved on: 
Monday, December 25, 2023

TOKYO, Dec 25, 2023 - (JCN Newswire) - Honda Motor Co., Ltd. (Honda), Tokuyama Corporation (Tokuyama), and Mitsubishi Corporation (MC) ("Project Members") will conduct a joint demonstration to operate a data center using by-product hydrogen and a stationary fuel cell (FC) power station designed to reuse FC systems from fuel cell electric vehicles (FCEVs).

Key Points: 
  • TOKYO, Dec 25, 2023 - (JCN Newswire) - Honda Motor Co., Ltd. (Honda), Tokuyama Corporation (Tokuyama), and Mitsubishi Corporation (MC) ("Project Members") will conduct a joint demonstration to operate a data center using by-product hydrogen and a stationary fuel cell (FC) power station designed to reuse FC systems from fuel cell electric vehicles (FCEVs).
  • ("Demonstration Project").
  • Project Members will explore the potential of reusing automotive FC systems in a stationary application.
  • The objective of the Demonstration Project is to reduce the economic burden on customers installing and operating stationary FC systems, which will contribute to the decarbonization of the electric power.

Euro Manganese Reports Fourth Quarter and Year-End 2023 Financial Results and Project Developments

Retrieved on: 
Thursday, December 14, 2023

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.
  • The Company has now filed its September 30, 2023 year-end Financial Statements, Management’s Discussion and Analysis, and other financial reports.
  • US$100 million non-dilutive funding package announced to advance development of the Chvaletice Manganese Project (the "Project"); US$20 million received on closing.
  • The Chvaletice Project received high-level inter-governmental support during the fourth calendar quarter by being named as a project under the Minerals Security Partnership.

Euro Manganese Produces High-Purity Manganese Sulphate from Chvaletice Demonstration Plant

Retrieved on: 
Monday, November 13, 2023

Euro Manganese’s Demonstration Plant is an essential step in reducing risk in the Company’s flowsheet (see Figure 1).

Key Points: 
  • Euro Manganese’s Demonstration Plant is an essential step in reducing risk in the Company’s flowsheet (see Figure 1).
  • The Demonstration Plant has already provided many learning opportunities and lessons that are being fed into the engineering process for the commercial plant.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Producing high-purity manganese sulphate from our Demonstration Plant is a significant milestone for the Company.
  • Euro Manganese continues to demonstrate it is a leader in developing western high-purity manganese processing capacity.

Leidos' Lonestar program comes to successful close

Retrieved on: 
Tuesday, December 12, 2023

Lonestar, a technology demonstrator designed to provide space-based situational awareness directly into the hands of the tactical warfighter, launched on July 1, 2022, from the Mojave Air and Space Port.

Key Points: 
  • Lonestar, a technology demonstrator designed to provide space-based situational awareness directly into the hands of the tactical warfighter, launched on July 1, 2022, from the Mojave Air and Space Port.
  • "Lonestar completed all of its on-orbit checkouts in the first 30 days," said Jonathan Pettus, Aerospace, Civil and Defense operations manager for Leidos Dynetics.
  • Lonestar's on-orbit satellite and payload operations were supported by USASMDC's payload development laboratory at Redstone Arsenal in Huntsville, Alabama.
  • Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Effective IT Financial Management Streamlines Decision-Making by Enhancing Transparency and Stakeholder Engagement, Says Info-Tech Research Group

Retrieved on: 
Monday, November 27, 2023

TORONTO, Nov. 27, 2023 /PRNewswire/ - As organizations increasingly recognize the importance of financial management within IT, the need for a holistic approach to IT financial management (ITFM) becomes more apparent.

Key Points: 
  • TORONTO, Nov. 27, 2023 /PRNewswire/ - As organizations increasingly recognize the importance of financial management within IT, the need for a holistic approach to IT financial management (ITFM) becomes more apparent.
  • Addressing this critical need, global IT research and advisory firm Info-Tech Research Group has released its latest blueprint, " Take a Holistic Approach to IT Financial Management ."
  • IT leaders, tasked with managing their departments like a business and making pivotal organizational decisions, face significant responsibilities and stakeholder expectations," says Jennifer Perrier , principal research director within Info-Tech Research Group's financial management practice.
  • Info-Tech's research highlights the critical role of effective IT financial management in today's complex business environment.