New lithium supply – from pilot plants to commercialization; companies ramping up for global demand of the future – marketwatch electricity magnetism and light

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POINT ROBERTS, Mar 04, 2019 (GLOBE NEWSWIRE via COMTEX) — POINT ROBERTS, Wash. and DELTA, British Columbia, March 04, 2019 (GLOBE NEWSWIRE) — Investorideas.com, an investor news source covering lithium stocks, issues a snapshot looking at key trends including growing demand due to EV growth, new extraction technology and strong financials from industry leaders, creating renewed investor optimism.

Our high-grade sales gas used in ww1 volume in ESPN, high-grade iodine and high grade average price of lithium contributed to our 2018 results. The Lithium market is surrounded, as you know, by positive news. Full electric vehicle penetration level reached approximately 2%, and these rates are expected to grow probably in the future. Demand growth in 2018 surprised us again, surpassing 27%, and it’s expected to grow rates above 20% in 2019, said Ramos.

E3 Metals’ CEO Chris Doornbos stated, This increase in concentration using our proprietary Extraction Technology is the key to unlocking the value of our vast, yet lower grade, resource. These results move us a significant step toward supporting E3’s goal of becoming an industry leading, low-cost electricity generation efficiency producer of battery grade lithium products. We have demonstrated the ability to significantly increase our lithium concentration without using additional energy. The higher concentration means less volume to handle downstream from our lithium Extraction Technology and should reduce the energy, inputs and potentially the capital and operating costs required to generate lithium hydroxide. These results continually demonstrate an innovative and robust process developed by the University of Alberta supported by Green Centre Canada, with funding from Alberta Innovates.

The Company recently announced that the lithium carbonate pilot plant built by the Instituto de Investigaciones Tecnologicas from gas vs electric water heater Universidad de Concepcion, Chile has successfully arrived in Fiambala, Catamarca, Argentina. The Company’s engineers have started reassembling the Plant and expect to have it fully operational in late February for its Tres Quebradas lithium brine project in Catamarca Province, Argentina.

The Plant was previously successfully tested with synthetic brine in Chile and is going to start using brine from the 3Q Project, concentrated approximately to 4% lithium from 3Q Project pilot evaporation ponds to start pilot scale production of lithium carbonate at the Plant. Currently k electric company the designed annual capacity of the pilot ponds is over 500 tonnes of approximate 4% lithium brine per year, and the Plant has a designed capacity of 50 tonnes of lithium carbonate per year gas stoichiometry formula.

Also included in the update; Following the release of the Preliminary Feasibility Study in August 2018, through development of a pilot plant in Reno, Nevada, the Company is considering the production of lithium hydroxide directly from lithium sulphate to provide added flexibility. Commissioning of the pilot plant is underway, with testing and optimization expected to commence in the near term.

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