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Its density is half that of water and its low specific heat makes it withstand very hot temperatures, so it is used for the manufacture of high temperature lubricants, for the manufacture of alloys of high resistance to weight. Bacanora Minerals has so far invested some 20 million dollars in the exploration and development of a pilot plant in Hermosillo to produce high quality lithium. Newsletter of the Mining Chamber of Mexico For its part, Vidal Ahumada said that lithium is in high demand in the electronics industry and renewable energy, so the developer of the lithium project in Sonora already has its market very well visualized. He exemplified that part of the Sonoran lithium production will be channeled into the manufacture of batteries for electric vehicles that will be assembled in Arizona, Nevada and California by Lucid Motors and Tesla Motors. "Lithium is a raw material present in Sonora, this will significantly involve our mining sector in a value chain aimed at the high-tech industry that is being installed in the states near Sonora," he said. Bacad�huachi has one of the most important lithium deposits in the world.
http://www.sonoranbusinesssensor.com/2018/03/bacanora-minerals-proveera-de-litio-la.html Hermosillo.- The state of Sonora has in its territory one of the most important lithium deposits in the world, for which a Canadian company is currently developing a metal extraction project, which is used in the electric car industry and the storage of energy. In an interview with the head of the State Ministry of Economy, Jorge Vidal Ahumada, said the project contemplates a total investment of at least 300 million dollars, of English and Australian origin. He mentioned that they are also considering the use of natural gas in their processes, through a gas pipeline near the Agua Prieta border, northeast of Sonora. Image result for Bacanora Minerals logo Some 275 kilometers from Hermosillo, in the municipality of Bacad�huachi, is the first open-pit lithium deposit that will be exploited by Bacanora Minerals, with an investment of up to 300 million dollars. Through its website, the company details that the Sonora Lithium project has verified the reserve of 3.5 million tons of lithium in the Sierra de Sonora. He points out that the exploration and extraction operations are carried out in a mining district consisting of ten contiguous concessions that cover 97 thousand 389 hectares. "Sonora is considered one of the largest deposits of lithium clay in the world," says the company. The lithium project of Bacanora Minerals that is underway with the exploitation of a vein in Bacad�huachi, has the objective of satisfying the growth of the demand for this metal. It is expected that most of this production will supply the demand of countries such as Japan. Lithium is the lightest metal found in natural brines, pegmatites, oil wells, geothermal fields and seawater, mainly, and has excellent conditions in the conduction of heat and electricity, the company noted. During the first stage of the project, the company plans to produce 17,500 tons of lithium carbonate in the first year, starting in 2019, and two years later, already in the second phase, it plans to reach a production capacity of 35,000 tons per year At present, this metal, due to its high electrochemical potential and its ultralight nature, is the most used element for the constitution of the cathode of the rechargeable electric battery, better known as a lithium-ion battery, used in cell phones and other electronic devices. Other chemical uses include its application in the air conditioning industry, as well as pharmaceutical catalyst to treat psychopathies, in addition to the formulation of polymers and cements. Model S hero Lithium is an extremely light metal, has a strong electrochemical potential and is highly reactive, is flammable and potentially explosive when exposed to water and air in its pure state, therefore, is not free in nature. Image result for Bacanora Minerals logo Its density is half that of water and its low spec
"In 2018, the construction of the 'Sonora Lithium' project of the Bacanora Minerals company will begin, with an initial investment of 420 million dollars. With its start-up in two years, Sonora will become the main producer of Lithium in Mexico, opening supply opportunities in the production chain of the electronics and automotive industry, "he said. Recently, the Mexican Center for Philanthropy published its list of Socially Responsible Companies, said, and, once again, 14 mining companies in the state obtained this recognition, as well as certifications of Clean Industry, Gender Equity and Safe Enterprise granted by the Ministry of Labor. . Present, the Secretary of Government, Miguel Ernesto Pompa Corella; the Mayor of Hermosillo, Angelina Mu�oz Fern�ndez; the Director of the Mining Chamber of Mexico, Sergio Almaz�n Esqueda. In addition, the President Sonora District of the Association of Mining Engineers, Metallurgists and Geologists of Mexico, Luis Fernando Oviedo Lucero and the Director of the Mining Cluster of Sonora, Margarita Bejarano Celaya.
http://outletminero.org/firman-convenio-para-la-competitividad-minera-en-sonora/ To promote investment, improve technical and training advice and streamline procedures in mining, Governor Claudia Pavlovich Arellano and the Undersecretary of Mining of the Federal Ministry of Economy, Mario Alfonso Cant�, signed the collaboration agreement for Mining Competitiveness in Sonora . During an event held in recent days, Governor Claudia Pavlovich said that mining is a crucial activity for the sustained and sustainable development of the state, and represents the number one national level in this branch, so the importance of signing this agreement that it will be positive for the Government and the private sector. He stressed that with the creation of the Interinstitutional Committee for the Competitiveness of the Mining Sector in Sonora, will streamline state and federal procedures for new micro and medium enterprises. "I think this committee will help us with this coordination so that more companies come and establish themselves, or those that are already established have better facilities from the federal and state government," he said. In its first two years of government, said Governor Pavlovich, mining has been fundamental to recover economic stability in the state, hence representing 17 percent of gross domestic product and in 22 municipalities is the predominant activity. He added that it is very important to promote the deduction scheme of 100% of the exploration expenses in the year that is being carried out, a proposal that was taken up by the Mining Commission of the Chamber of Deputies. Mario Alfonso Cant�, Undersecretary of Mining of the Federal Ministry of Economy, highlighted that Sonora is the state with the most projects (225) in different phases until February, with 190 in exploration phase, 26 in operation and nine in development. That is why this agreement, he specified, is of vital importance in making possible the exchange of federal and state information for the development of services and helping the investment to flow better in the state. "The agreement gives us the guidelines to work together in the sense of giving adequate attention to the sector, starting with the procedures and thus be able to determine the priorities of the investors that are coming to Sonora and give them the appropriate attention," he said. Jorge Vidal Ahumada, Secretary of Economy, stressed that Sonora in 2017 contributed more than 31 percent of the national mining production, and that in 2018 copper production will be approximately 84 percent and gold 34 percent, of the total national, besides being the only producer of wallastonite, molybdenum, graphite and anthracite coal. "In 2018, the construction of the 'Sonora Lithium' project of the Bacanora Minerals company will begin, with an initial investment of 420 million dollars. With its start-up in two years, Sonora will become the ma
http://www.elnoticieroenlinea.com/sonora-surtira-litio-a-tesla-motors/ It will be used to produce the electric batteries of modern cars A part of the production of lithium in Sonora will be channeled into the manufacture of batteries for electric vehicles of Tesla Motors and Lucid Motors, which will be assembled in Arizona, Nevada and California. This was reported by Jorge Vidal Ahumada, head of the Ministry of Economy of Sonora, announcing an investment of at least 300 million dollars, of English and Australian origin. Sonora has in its territory one of the most important lithium deposits in the world. Some 275 kilometers from Hermosillo, in the municipality of Bacad�huachi, is the first open-pit lithium deposit to be exploited by Bacanora Minerals, with this foreign investment. The company explained that the "Sonora Lithium" project has verified the reserve of 3.5 million tons of lithium in the Sierra de Sonora. Through ten contiguous concessions, they cover 97 thousand 389 hectares of exploration and extraction operations. It is expected that most of this production will supply the demand of countries such as Japan. During the first stage of the project, the company plans to produce 17,500 tons of lithium carbonate in the first year, starting in 2019, and two years later, already in the second phase, it plans to reach a production capacity of 35,000 tons per year Finally, Bacanora Minerals has invested some 20 million dollars so far in the exploration and development of a pilot plant in Hermosillo to produce high quality lithium. (With information from Agencia Notimex).
Anyone know why Secker isn�t listed as an officer of Bacanora Lithium? Campanies house doesn�t list him at all! What was his �bonus� if the company was sold?
With Tibet Summit Resources Lithium X http://www.lithium-x.com/news-release/nextview-to-acquire-lithium-x-energy-corp/
I'm completely happy with my research, and no doubt others are to, but thanks for the note regarding others expectations! I'm not really interested in others expectations, I research for my own benefit which I'm happy to share. Up to you if you don't think we are involved with Tesla but that shouldn't prevent me from mentioning their name... Are we moving to a Trump so called democracy of fake news? Nothing fake in the agreement which I've seen in an RNS...
Not sure why you don't think there's a contract with Tesla, it's in an RNS. The funding was not agreed, nothing about not supplying them... Why would you not want to be involved in the most technically advance motor/energy company in the world!
No point bothering otherwise... we're concentrating on the cadence of the business and about to up the tempo!
Obs, we're still all scratching our heads regarding Hohnen's buy. The only reasonable explanation is the Asian deal is off and the NDA with a certain company who's name can't be mentioned is still on. That deal is in the public domain, but withdrawn from BCN, says nothing about specifically about REM...
That was my point Obs, are we presenting a load of clay with lithium or a plan, funding, off taker and end game. If if clay and lithium we could have done that when we registered for the ADRs. More to come in a short time frame is my view...
KM presented to Argus Metals last week, at the NattBatt conference today and now this https://www.adr.db.com/drweb/5274.html on the 22nd March. If I were a betting man (!) I would say we we're tidying up the loose ends prior to news and letting the industry know what we're all about...
Kiran stands down from BCN, Hohnen buys shares when BCN but are in talks with an Asian off taker, not allowed unless the deal is not with BCN! BCN are the supplier, REM are deal maker, Hohnen can therefore buy shares...
No deal then! But why buy £100k of shares?
I have a few LGO and yes, 20/1 consolidation, notification via trading account...