ReedResources

"Toshiba, like most other battery manufacturers, has decided that the market for automotive grade lithium ion cells is going to be huge in the next decade. As a result it has decided to build a second factory dedicated to automotive battery production in Kashiwazaki, Japan. The new 355,000-square foot plant will cost about $274 million and construction is expected to start in April of next year with production scheduled to start about one year after that. " - ReedResources

"Demand for vanadium, which Evraz produces in South Africa and the U.S., will probably grow faster than steel as emerging economies buy more of the steel additive, Tatyanin said Oct. 28 in Moscow, where the company is based. " - ReedResources

"Thanks very much Ray. Your support is appreciated." - ReedResources

Bollore Group opens lithium-metal-polymer battery factory near Montreal to supply electric vehicles made by Italy's Pininfarina and France's Gruau Group. - ReedResources

Reed said that pilot test work on the site produced lithium concentrates of 6.5 per cent to 7 per cent lithium oxide, with lithium recoveries of between 75 per cent and 83 per cent. The project is proposed to initially deliver up to one million tonnes per annum of ore. - ReedResources

"Looking further ahead, he said that industrialisation in developing countries was driving resource demand and "I believe we stand at the threshold of an era of unprecedented growth due to demand generated by China and in the future India," he said. " - ReedResources