Rubidium

New Age Metals Signs Binding Agreement with Mineral Resources Limited, a Major Australian Lithium Producer, on Its Manitoba Lithium Division

Retrieved on: 
Tuesday, September 28, 2021

At FID, MRL will provide NAM with a loan to fund its proportion of the development costs of the Project.

Key Points: 
  • At FID, MRL will provide NAM with a loan to fund its proportion of the development costs of the Project.
  • New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America.
  • The Company has two divisions; a Platinum Group Metals (PGM) division and a Lithium/Rare Element division.
  • Investors are invited to visit the New Age Metals website at www.newagemetals.com where they can review the company and its corporate activities.

International Lithium Corp. to Dispose of Its Stake in Mariana to Ganfeng for CAD$ 16.8m

Retrieved on: 
Tuesday, September 21, 2021

Clearly as the 91.4% owner already, Ganfeng was the most logical buyer provided that the price was right.

Key Points: 
  • Clearly as the 91.4% owner already, Ganfeng was the most logical buyer provided that the price was right.
  • The Company also has a joint venture with Ganfeng in Ireland (the Avalonia project), and this is governed by another 2014 agreement between the Company and Ganfeng.
  • In that agreement Ganfeng may increase its shareholding in Blackstairs from 55% to 79% if it spends CAD$ 10m on exploration before September 2022.
  • In addition to exploration expenditure, the Company plans to repay most of its existing debt following this transaction for Mariana.

Portofino Mobilizes Team to Expand Channel Sampling Program - Allison Lake North Lithium Property

Retrieved on: 
Tuesday, September 14, 2021

The team is expanding on the initial exploration program and carrying out additional systematic channel sampling where encouraging Lithium ("Li") and Tantalum ("Ta") values were recently discovered.

Key Points: 
  • The team is expanding on the initial exploration program and carrying out additional systematic channel sampling where encouraging Lithium ("Li") and Tantalum ("Ta") values were recently discovered.
  • Initial grab sampling by Portofino (NR Sept 7, 2021) returned values up to 398 ppm Li, 90.5 ppm Cesium, 1040 ppm Rubidium and 135 ppm Ta.
  • Allison Lake North property regional geological location.
  • Portofino's green energy projects include the Allison Lake North (Ontario) Lithium project, and the Yergo Lithium property which encompasses the entire Aparejos Salar, located within the world-renowned "Lithium Triangle" in Argentina.

Portofino Receives Encouraging Sampling Results, Discovers New Targets - Allison Lake North Lithium Property

Retrieved on: 
Tuesday, September 7, 2021

Sampling in the northwest portion of the property returned the highest values where pegmatitic textures were encountered within the Allison Lake Batholith.

Key Points: 
  • Sampling in the northwest portion of the property returned the highest values where pegmatitic textures were encountered within the Allison Lake Batholith.
  • Sampling locations on the Allison Lake Lithium property.
  • Of note is Frontier Lithium Inc.'s PAK Lithium deposit along the 'Electric Avenue' which contains one of North America's highest-grade, large tonnage hard-rock lithium resources.
  • Portofino's green energy projects include the Allison Lake North (Ontario) Lithium project, and the Yergo Lithium property which encompasses the entire Aparejos Salar, located within the world-renowned "Lithium Triangle" in Argentina.

According to Silicide Spherules From Space, Catastrophic Cosmic Impacts on Earth are Far More Frequent Than Scientists Thought

Retrieved on: 
Tuesday, August 24, 2021

Multiple similar finds of silicide spherules worldwide indicate that large-scale impacts capable of delivering ejecta to space have been more frequent in geological history than suggested by known evidence of cratering.

Key Points: 
  • Multiple similar finds of silicide spherules worldwide indicate that large-scale impacts capable of delivering ejecta to space have been more frequent in geological history than suggested by known evidence of cratering.
  • The reported data shows that silicide spherules have condensed from vapor plume ejected beyond the atmosphere and have ablated on atmospheric reentry at a cosmic velocity exceeding 13 km/s.
  • The chemical composition of iron silicide spherules is closely corresponding to the 1893K 1154K temperature span of condensation sequences predicted for carbon-rich gas.
  • Iron silicide spherules indicate that cosmic impacts of catastrophic magnitude are far more frequent in geological history than suggested by evidence of cratering discovered so far.

International Lithium Expands Raleigh Lake Lithium Project Area

Retrieved on: 
Monday, August 23, 2021

Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has acquired through staking more than 14,000 hectares of claims in the vicinity of the Raleigh Lake lithium and rubidium project in Ontario, Canada, bringing the Raleigh Lake project area to just over 17,000 hectares (170 square kilometres).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces that it has acquired through staking more than 14,000 hectares of claims in the vicinity of the Raleigh Lake lithium and rubidium project in Ontario, Canada, bringing the Raleigh Lake project area to just over 17,000 hectares (170 square kilometres).
  • The new claims were staked within the Raleigh Lake Greenstone Belt adjacent to the pre-existing Raleigh Lake claim grouping.
  • John Wisbey, Chairman and CEO of International Lithium Corp. commented as follows:
    Raleigh Lake is ILC's major project in North America, and has the great economic benefit relative to many other Canadian lithium projects of being close to major transport infrastructure.
  • The Company's primary strategic focus is now on the Raleigh Lake lithium and rubidium project in Canada and on the Company's strategic options on the Mariana project in Argentina.

Frequency Electronics, Inc. to Develop Family of Next Generation Atomic Clocks

Retrieved on: 
Wednesday, August 18, 2021

MITCHEL FIELD, N.Y., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (FEI or the Company) (NASDAQ-FEIM) today announced it will develop a family of next generation pulsed laser Rubidium atomic clocks.

Key Points: 
  • MITCHEL FIELD, N.Y., Aug. 18, 2021 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (FEI or the Company) (NASDAQ-FEIM) today announced it will develop a family of next generation pulsed laser Rubidium atomic clocks.
  • Dr. Thomas McClelland, FEIs Chief Scientist commented, It is gratifying to see this technology move from our lab into product development.
  • This family of atomic clocks will be a game changer in the global atomic clock market, a multi-hundred million dollar opportunity set.
  • Frequency Electronics, Inc. is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control products for space and terrestrial applications.

Standard Lithium Announces Delivery of Its SiFT Lithium Carbonate Plant to El Dorado Arkansas Project Site

Retrieved on: 
Thursday, July 15, 2021

The fully automated lithium carbonate crystallization plant has been designed around the Companys proprietary SiFT continuous fractional crystallisation technology, which has demonstrated to produce >99.9% purity (also known as three-nines) battery-quality lithium carbonate.

Key Points: 
  • The fully automated lithium carbonate crystallization plant has been designed around the Companys proprietary SiFT continuous fractional crystallisation technology, which has demonstrated to produce >99.9% purity (also known as three-nines) battery-quality lithium carbonate.
  • This work has been extremely successful, and we have produced large volumes of better-than battery quality lithium carbonate from lithium chloride concentrates made by the El Dorado Plant.
  • Were now thrilled to move the SiFT Plant to El Dorado, which was always our plan, get the plant connected and running, and then operate the only continuous, 24/7 start-to-finish brine-to-carbonate plant in North America.
  • The company has commissioned its first-of-a-kind industrial-scale direct lithium extraction demonstration plant at Lanxess's south plant facility in southern Arkansas.

Standard Lithium Announces Delivery of Its SiFT Lithium Carbonate Plant to El Dorado Arkansas Project Site

Retrieved on: 
Thursday, July 15, 2021

The fully automated lithium carbonate crystallization plant has been designed around the Companys proprietary SiFT continuous fractional crystallisation technology, which has demonstrated to produce >99.9% purity (also known as three-nines) battery-quality lithium carbonate.

Key Points: 
  • The fully automated lithium carbonate crystallization plant has been designed around the Companys proprietary SiFT continuous fractional crystallisation technology, which has demonstrated to produce >99.9% purity (also known as three-nines) battery-quality lithium carbonate.
  • This work has been extremely successful, and we have produced large volumes of better-than battery quality lithium carbonate from lithium chloride concentrates made by the El Dorado Plant.
  • Were now thrilled to move the SiFT Plant to El Dorado, which was always our plan, get the plant connected and running, and then operate the only continuous, 24/7 start-to-finish brine-to-carbonate plant in North America.
  • The company has commissioned its first-of-a-kind industrial-scale direct lithium extraction demonstration plant at Lanxess's south plant facility in southern Arkansas.

International Lithium Corp. Drilling Returns 2.69% Lithium Oxide (11,900ppm), 4210ppm Rubidium and 997ppm Caesium at Raleigh Lake Lithium Project, Ontario, Canada

Retrieved on: 
Tuesday, June 1, 2021

International Lithium Corp. has implemented a rigorous quality assurance/quality control program to ensure best practices in sampling and analysis of diamond drill core.

Key Points: 
  • International Lithium Corp. has implemented a rigorous quality assurance/quality control program to ensure best practices in sampling and analysis of diamond drill core.
  • Figure 1: Location of the Spring 2021 drill holes relative to previous operators' drilling within Zone 1 of the Raleigh Lake project area.
  • Like the other alkali metals (lithium, sodium, potassium and caesium) pure rubidium is extremely reactive and would combust on exposure to water or oxygen.
  • Worldwide the largest producer of rubidium has historically been Canada, while the largest reserves are believed to be in Southern Africa and Canada.