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TMCNet:  FinancialBuzz.com: The Effects of Rechargeable Batteries on the Lithium Market

[January 17, 2017]

FinancialBuzz.com: The Effects of Rechargeable Batteries on the Lithium Market

NEW YORK, January 17, 2017 /PRNewswire/ --

Advancement in battery technology have resulted in an unexpected surge in demand for lithium. Lithium-ion batteries are rechargeable batteries with high energy density. Now, these batteries have various advantages over other energy sources, such as higher efficiency and longer lifetime comparing to other batteries. Thanks to these improvements, the batteries are in demand to be used in a wider range of applications, like in the automotive sector. According to a research report by Allied Market Research, the Global Lithium-Ion Battery Market size is expected reach $46.21 billion by 2022, with a CAGR of 10.8% during the forecast period 2016-2022. LiCo Energy Metals Inc. (OTC: WCTXF) (TSX-V: LIC.V), Panasonic Corporation (OTC: PCRFY), Lithium X Energy Corporation (OTC: LIXXF), China BAK Battery (NASDAQ: CBAK), Lithium Americas Corporation (OTC: LACDF)  

The research indicates that the market for Lithium-ion batteries is expected to significantly grow due to increasing use in smartphones, tablets/PCs, digital cameras, and power tools. In addition, the demand for Li-ion batteries in the automobile industry is expected to increase with the growing popularity of electric vehicles. Naturally, suppliers of lithium have benefited from the demand for lithium-ion batteries.

LiCo Energy Metals Inc. (OTCQB: WCTXF) (TSX-V: LIC.V) is a Canadian company focused on exploration for high value metals integral to the manufacture of lithium ion batteries. The company earlier today announced that, "Company's COO, Mr.Tim Fernback, and Mr.J. Malcolm Bell, of the Advisory Board, are onsite, in Chile, organizing a comprehensive brine sampling program on the recently announced Purickuta Lithium Project located in the Salar de Atacama, the world's largest and purest active source of lithium.

The program consists of excavating, by backhoe, a series of pits on a grid pattern 400m by 400m across the property.  These one-meter-deep pits will be used to gather one liter samples of brine that will be bottled and sent for analysis at a recognized Chilean laboratory that specializes in lithium analysis.  The survey is being supervised by Eduardo Alvarez, senior geologist, QP. Results from this survey will help to establish locations for a Phase One drilling, flow testing, hydrological evaluation and preliminary resource assessment.

About the Purickuta Project: https://licoenergymetals.com/purickuta/ The Purickuta Project consist of 160 hectares and is one of a few "exploitation concessions" granted within the Salar de Atacama, home to approximately 37% of the worlds Lithium production. The property is contained within an existing exploitation concession owned by Sociedad Quimica y Minera ("SQM"), and lies approximately 3 km north of the exploitation concession of CORFO (the Chilean Economic Development Agency).  About 22 km south-east from the Purickuta Concession, both SQM and Albemarle Corp. have large-scale production facilities within the CORFO concession mentioned above.  These two facilities collectively produce over 62,000 tonnes of Lithium Carbonate Equivalent annually and account for 100% of Chile's current lithium output."  

Panasonic Corporation (OTC: PCRFY) has teamed up with entertainment company, Disney, as an official technology partner. In an announcement made during the Consumer Electronics Show, the move was attributed to the need to offer customers an improved entertainment experience. "Panasonic is delighted to work with Walt Disney World Resort and Disneyland Resort in exploring new ways in which its high-performance projectors may be used to support the Disney storytelling…" said President of Panasonic AVC Networks, Yasuji Enokido. Panasonic Corporation is ngaged in the development of diverse electronics technologies and solutions. The Company operates through five segments: Appliances, Eco Solutions, AVC Networks, Automotive & Industrial Systems, and Other. The Appliances segment is engaged in the development, manufacture and sale of consumer electronics, air-conditioners, cold chain and devices.




Lithium X Energy Corporation (OTCQX: LIXXF) locates and develops lithium assets with the objective of providing the growing demand from global battery companies such as Panasonic, AESC, LG, BYD, and utility companies in the near future. Lithium X is a lithium resource explorer and developer with a focus on becoming a low-cost supplier for the burgeoning lithium battery industry. Its Sal de los Angeles project is situated in the prolific "Lithium Triangle" in Salta Province, Argentina. Lithium X also has the largest land package in Clayton Valley, Nevada covering over 15,040 acres between its Clayton Valley North project and Clayton Valley South extension.

China BAK Battery (NASDAQ: CBAK) and its subsidiaries engages in the manufacture, commercialization and distribution of various standard and customized lithium ion (Li-ion) high power rechargeable batteries. The Company's products are sold to packing plants for use in mobile phones and other electronic devices. The Company produces Li-ion products for use in cellular telephones, as well as various other portable electronic applications, including high-power handset telephones, laptop computers, power tools, digital cameras, video camcorders, moving picture experts group layer-3 audio players, electric bicycles, hybrid/electric vehicles and general industrial applications. It manufactures over five types of Li-ion rechargeable batteries, such as aluminum-case cell, cylindrical cell, lithium polymer cell and high-power lithium battery cell. Its customers include electric vehicle manufacturers, electric bicycle manufacturers and battery pack manufacturers.

Lithium Americas Corporation (OTCQX: LACDF) is a resource company that is engaged in the acquisition and development of mineral properties in the state of Nevada. The company primarily holds interests in the Cauchari-Olaroz Project located in Jujuy province of Argentina and the Kings Valley Project located in northwestern Nevada. The company strives to provide the enabling chemicals for better energy solutions through its Lithium and Hectatone organoclay businesses.

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FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into service agreements with the companies which are the subject to the articles posted on the Site for advertising such companies. Financialbuzz.com has been compensated up to ten thousand dollars for financial news pr services by a non-affiliated third party for lico energy metals inc. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on this site along with other financial news PR media services. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a combination thereof.  The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com does not undertake to update any of the information on the Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security.  FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on the Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print.  Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use. Please visit: http://www.financialbuzz.com

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