Issue 131, July 1st July 15th

Issue 131, July 1st July 15th

CONTENT Batteries and Vehicles Samsung SDI introduced new ESS products at Intersolar Europe Exhibition Saft to deliver lithium-ion battery systems to ExoMars Rover vehicle Arkema and Hydro-Québec to establish a joint laboratory for lithiumion batteries Mitsubishi launched project for the utilization of used lithium-ion batteries from electric-powered vehicles 1Introduction President Obama has just released the Clean Power Plan in order to cut carbon pollution. The plan sets flexible and achievable standards to reduce carbon dioxide emissions by 32 percent from 2005 levels by 2030. Lithium batteries play a key role in renewable energy systems, and in this issue of the At the Moment report we would like to highlight Mitsubishis s project that allow to re-use lithium batteries for electric cars. In the next edition of the signumbox Analysis report we will present an update of our estimate of lithium consumption in Energy Storage Systems and will deeply analyze this announcement and its impact on the industry. Lithium Industry Neometals completes transaction with Metals X Bacanora Minerals updated the development on its Sonora Albemarle starts commissioning of new lithium carbonate production facility in Chile Cobre Montana produced 99.5% purity lithium carbonate

2 Batteries and Vehicles BRIEF NEWS HIGHLIGHTS Litarion to provide cathode and anode materials to Leclanché Date: July 2nd Source: Electrovaya Electrovaya s subsidiary Litarion GmbH announced that it would supply cathode an anode materials to Leclanché for the design and build of a 4.2NWh lithium-ion battery for the world s largest electric ferry that would operate in Denmark. Samsung SDI introduced new ESS products at Intersolar Europe Exhibition Date: July 1st Source: Samsung SDI Samsung SDI unveiled at the Intersolar Europe exhibition two allin-one residential energy storage systems of 5.5kWh and 8.0kWh designed for German market. The company stated that the residential ESS enclosure three functions including PV inverter, battery PCS and lithium-ion battery. Saft to deliver lithium-ion battery systems to ExoMars Rover vehicle Date: July 8th Source: Saft Batteries The French battery manufacturer SAFT signed a one million euro contract with Airbus Defence and Space Ltd. in order to develop, qualify and test a specific lithium-ion battery system to power ExoMars Rover s vehicle. According to the company, the vehicle s power system would comprise solar panels capable of produce 1200 Wh.

BRIEF NEWS BYD delivers to London first allelectric double decker bus Date: July 2nd Source: BYD BYD announced at the Clean Bus Summit that it would deliver to the city of London the world s first all-electric double decker bus that would start to operate in October. Anesco and Oxis join to develop lithium-sulfur batteries Date: July 14th Source: Oxis Energy Due the renewable UK market is growing, the lithium-ion battery manufacturer Oxis Energy and the energy solutions company Anesco announced the jointly development of energy storage solutions in order to alleviate the strain placed on the grid which is estimated to be available for installation from 2016. Arkema and Hydro-Québec to establish a joint laboratory for lithium-ion batteries Date: July 9th Source: Arkema Arkema and Hydro-Quebec s subsidiary SCE France have signed a partnership agreement for the creation of a joint laboratory which would focus on the development of a new generation of materials for the manufacture of lithium-ion batteries, in particular new electrolytes and conduction agents. Mitsubishi launched project for the utilization of used lithium-ion batteries from electric-powered vehicles Date: July 10th Source: Mitsubishi Corp. Mitsubishi Motors Corporation (MMC) and Mitsubishi Corporation (MC) launched of a joint demonstration project that uses lithiumion batteries from electric-powered vehicles. According to the information, the project would be inaugurated on late September and would be executed in partnership with Electricité de France (EDF), Forsee Power, a key provider of energy storage solutions sponsored by EDF, and PSA Peugeot - Citroën. MMC and MC aim to demonstrate efficient and economically feasible energy management practices based on the optimization of electricity storage, charging and generation technology with respect to existing demand.

3 Lithium Industry BRIEF NEWS HIGHLIGHTS Tronox to increase its soda ash prices Date: July 7th Source: Tronox Limited The American chemical company Tronox announced that effective as from September 1st, or as contract terms permit, the company will increase list and offlist soda ash prices by $12.00 per ton for all grades of soda ash. Neometals completes transaction with Metals X Date: July 7th Source: Neometals Ltd The subsidiary of Neometals, Reed Industrial Minerals announced that it has completed the agreement signed with Metals X on January this year that on which RIM agreed to lease lithium mining rights over a portion of the Hampton Area which adjoins the Mt Marion Lithium Project. Bacanora Minerals updated the development on its Sonora Lithium Project Date: July 7th Source: Bacanora Minerals Bacanora Minerals announced that is conducting a field work that is connected with a pre-feasibility study in order to design a plant capable of produce up to 50,000 tpa of lithium carbonate. According to the information, the company has started a 4,000 meter drilling program in order to increase Indicated Mineral Resources, also is carrying out workings on the development of a lithium hydroxide flowsheet at its Hermosillo pilot plant.

BRIEF NEWS HLM announces $450,000 financing Date: July 8th Source: Houston Lake Mining Houston Lake Mining announced a non-brokered private placement offering of up to 2,500,000 common shares at a subscription price of $0.18 per unit. Proceeds from the financing will be used to move forward in the company s PAK Lithium Project. Iberian Minerals completed sale of lithium project in Spain Date: July 10th Source: Iberian Minerals Ltd Albemarle starts commissioning of new lithium carbonate production facility in Chile Date: July 8th Source: Albemarle Corporation Albemarle announced the commissioning of activities associated with its new 20,000 MT lithium carbonate production plant located in northern Chile in order to increase production from the new capacity beginning early in 2016. In addition, the company announced that due global shifts in demand for n-butylithium, it would transfer production of n-butylithium from its facility in Tennessee to existing plants in Germany and Taiwan in order to reduce redundancies on the company s global operations. The company stated that the US facility would continue to manufacture some specialty lithium products. Cobre Montana produced 99.5% purity lithium carbonate Date: July Various Source: Cobre Montana Cobre Montana announced that it has produced lithium carbonate from lithium based mica concentrates which was recovered from the Lepidolite Hill deposit located in Western Australia. The miniplant produced lithium carbonate of at least 99.5% purity which will be send to end-users for independent evaluation. Iberian Minerals announced the completion of the sale of its Alberta-1 Project to an arm s length third party. The company received that final installment of 2,000,000 for a total of 5,000,000.

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