Weekly News Roundup

All the latest and greatest news from this past week on Lithium found here!

  • Uranium Resources Inc. said it is changing it’s name to Westwater Resources to reflect it’s change in strategy to focus more on the lithium industry.  “As our lithium business grows to support the rising demand for energy storage, we believe that our name and identity needed to reflect this broader market focus,” said Christopher Jones, CEO, in a statement.  See the full story here.
  • Bloomberg wrote an interesting piece on lithium supply discussing the inability of producers to keep up with surging demand driven by electric cars.  Read the full story here.
  • Lithium air batteries boast less weight and much higher energy density than tradition lithium-ion batteries.  These batteries have always been regarded as a promising technology that may never fully be realized.  However, MIT is conducting a new study that is being funded by Toyota Europe to take a deeper look at the technology.  Read the full story here.
  • Fast Company profiled Ionic Materials, a company that is developing an alternative to lithium ion batteries.  It’s a solid-state alkaline battery that is still about 5 years away from production.  However, if it comes to fruition, and is safer and cheaper than lithium ion batteries, as Bill Joy (founder of Sun Microsystems and investor in Ionic Materials) claims, then it will be very interesting to see how it plays out for the battery and lithium industries.  Read the full story here.
  • In case you missed it: We interviewed Patrick Highsmith, CEO of Pure Energy Minerals, the company with a conditional supply agreement from Tesla.  Hear what he has to say about the lithium industry, and his company’s plans to mine lithium using a unique process in the Clayton Valley region of Nevada.  Check out the post here!

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