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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (53704)	8/18/2009 1:57:52 AM
From: elmatador	1 Recommendation Read Replies (1) \| Respond to of 217669

Concerns regarding lithium availability for hybrid or electric vehicle batteries or other foreseeable applications are unfounded. Lithium Abundance - World Lithium Reserve A report on the world's Lithium resources and reserves by R. Keith Evans. For a DOC/PDF version of this report, please contact the author. lithiumabundance.blogspot.com Saturday, March 29, 2008 ABSTRACT In 1976 a National Research Council Panel estimated that Western World lithium reserves and resources totaled 10.6 million tonnes as elemental lithium. Subsequent discoveries, particularly in brines in the southern Andes and the plateaus of western China and Tibet have increased the tonnages significantly. Geothermal brines and lithium bearing clays add to the total. This current estimate totals 28.4 million tonnes Li equivalent to more than 150.0 million tonnes of lithium carbonate of which nearly 14.0 million tonnes lithium (about 74.0 million tonnes of carbonate) are at active or proposed operations. This can be compared with current demand for lithium chemicals which approximates to 84,000 tonnes as lithium carbonate equivalents (16,000 tonnes Li). Concerns regarding lithium availability for hybrid or electric vehicle batteries or other foreseeable applications are unfounded. Posted by R. Keith Evans at 11:38 PM

To: TobagoJack who wrote (53704)	8/18/2009 4:34:16 PM
From: Snowshoe	Read Replies (2) \| Respond to of 217669

China tightens screws on rare earths... :( China moves on rare earths a threat to global supplies Mooted moves by China to further control exports of rare earths, where it may supply as much as 98% of current global needs, is stimulating new developments elsewhere. mineweb.net So naturally the Alaskan deposits are being hyped... ;) Ucore Uranium (UCU) climbs on China rare earths news stockhouse.com Shares of Ucore Uranium (TSX: V.UCU, Stock Forum) moved 17% higher to 37.5 cents Tuesday, as the company weighed in with its thoughts on a recent announcement by China's Ministry of Information Technology regarding the export of rare earths. Ucore which is focused on the Bokan - Dotson Ridge rare earth element and uranium project in southeastern Alaska, says that according to the Rare Earths Industry Development Plan, 2009-2015 released on Monday, the Chinese government intends to tighten its administration on the production of rare earths over the next six years, and will also restrict the export of rare earths over this period, with the annual export quota for REE's to be contained to below 35,000 tpy. “More significantly for Ucore, Beijing has stipulated that the heavy rare earths (HREE's) dysprosium, terbium, thulium, lutetium and yttrium will not just be cut back, but will be fully prohibited from export under the new REE Plan,” says the company. According to a recently released report, Ucore notes that it is one of only two companies in North America with a prospective deposit hosting a comprehensive suite of HREE's, and is the only such company with an HREE-enriched deposit located within the United States. "The recent events in China are a remarkable development for Ucore," said Jim McKenzie, president and CEO of Ucore. "With one of the most prospective HREE sites in North America and one of the few prospective HREE targets in the world outside of south China itself, the prohibition of HREE exports from China is a significant event for us. Ucore is now working to generate additional near term drill results along two HREE prospective trends, now estimated to be at least ten kilometers in combined length."