Dajin Reviews LSC Lithium Progress in Salinas Grandes and Enirgi Group's Demonstration Plant, Argentina
November 15, 2017 - Vancouver, BC - Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) is pleased to provide its shareholders and interested investors an update regarding the recent visit to Germany and Argentina by Dajin Director and Chief Operating Officer, Dr. Catherine Hickson.
Following the successful participation of Dajin in the International Precious Metals and Commodities show held in Munich, Germany, November 2nd and 3rd, Dr. Hickson travelled on to Argentina.
Vancouver BC - Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) wishes to advise you of the recently completed site visit by Dajin Management.
On June 2, 2017 Dajin Chief Operating Officer and Director, Catherine Hickson, Director Mark Coolbaugh and Technical Board member, Roberto Page were welcomed at Enirgi Group Corporation’s (“Enirgi Group”) newly commissioned Salar del Rincón Lithium carbonate processing plant (the “DXP Plant”) in Salta Province, Argentina...
Dajin Resource Corp. would like to make you aware of news released on April 17 th, 2017. In Argentina, Enirgi Group, the Operator for Dajin’s partnership with LSC Lithium Corporation (TSX-V: LSC), has just announced achieving a major milestone at the Salar del Rincon Lithium Brine Processing plant. The plant, using Enirgi’s state of the art Direct Extraction Technology (DXP) has achieved successful commissioning of the first section (the “Separation Stage”) of its commercial scale demonstration Lithium carbonate processing plant.
This work has been accomplished in approximately nine months. Enirgi’s reports that that the plant will achieve full commissioning by the end of May 2017, with Monday’s announcement being the first to highlight the significant advances the company is making with its technology as it ramps up to commercial production.
A video of the demonstration plant constructed and operating in Australia prior to shipment to Argentina:
Dajin Resource Corp. would like to make you aware of several news events that have taken place over the past few weeks involving an update regarding important permits in place for upcoming drilling, the release of an NI 43-101 Technical Report on the Teels Marsh property and an update on water rights in Nevada.
In addition, there are several important updates involving Dajin's partner LSC Lithium Corp. on the Salinas Grandes project in Argentina.
Dajin COO and Director Dr. Catherine Hickson was also recently interviewed by Investing News Network:
Dajin Resources Corp’s South American partner, LSC Lithium Corporation (TSX-V: LSC) is pleased to report very positive news from Argentina. LSC has entered into agreements with Orocobre Limited and lithium explorer and developer, Advantage Lithium Corporation to acquire additional hectares in the Salinas Grandes salar...
In October 2016, Dajin Resources Corp. completed a transaction with Stephen Dattels of LSC Lithium Corp. (“LSC”) whereby LSC can earn a 51% interest in our lithium brine assets in Argentina with a payment of $1,000,000 (paid) and make an expenditure of $2,000,000 on the Salinas Grandes properties.
LSC brought to the table experienced Argentine lithium exploration and development personnel and Enirgi Group Corporation with their Direct Xtraction Process (DXP) technology for the rapid processing of brine into lithium carbonate products.
Please view the attached article from the Northern Miner that describes the LSC story. (click here)
Thank you for your continued interest and support.
Benchmark Minerals provides an excellent 2017 summary of the raw material impact of the Lithium ion battery...
We are pleased to inform you that Dajin’s exploration and strategic partner in Argentina, LSC Lithium Corporation (“LSC-V”), went public on February 28, 2017. [please see link below]
In Nevada we have been moving our projects forward and have recently submitted a revised permit application for drilling at our Teels Marsh project. There has been a lot of news recently on the importance of water rights for explorers and developers in Nevada. We are pleased to remind our investors that Dajin has already acquired water rights for Teels Marsh. [please see link below].
Dajin has also just updated its Investor Presentation. The March version is now available on our web page.
Click here for LSC Lithium Corporation Press Release
Click here for Water Rights article
Click here for March Investor Presentation
The owner of the only mining operation in the United States producing lithium carbonate wants alterations to Nevada's proposed bill on lithium exploration.
Albemarle Corp., owner of the Silver Peak Mine in Esmeralda County, reported it was working with the Nevada Divsion of Minerals and state engineer to develop alternative language to AB 52 that protects the alkaline playa, encourages lithium exploration and "protects Albemrale's current site and operations"...
Join Ellis Martin for a conversation with Simon Moores an analyst at Benchmark Mineral Intelligence, a London-based consultancy and research firm focusing on niche, critical and industrial minerals and metals. The company analyzes battery raw materials including graphite, lithium, cobalt, and vanadium.
Benchmark also follows major industrial markets, emerging industries and disruptive technologies such as EV batteries, as well as wind, solar, and fracking issues.
The following article outlining the acquisition of 51% of Daijn lithium assets in Argentina and the new structure of LSC Lithium Inc. was recently published by Stockwatch.
Please click here to view the full article and also the attached news release provided by Oakham Capital Corp.
Lithium continues to make the news in Nevada and South America.
Betting Big on Lithium:
Albemarle CEO Luke Kissam discusses the demand for lithium due to the growing need for batteries, hosted by CNBC:
Here's Where the Juice that Powers Batteries Comes From:
Bloomberg's Ashlee Vance explores lithium mining in Chile's Atacama Desert:
This article was originally published on CNBC.
The automotive industry's focus on electrification has accelerated in 2016.
Volkswagen Chairman Herbert Deiss told CNBC at the Paris Motor Show in November that "electric mobility will take off by 2020," while Tesla CEO Elon Musk announced in May his aim for annual production to be at 1 million vehicles by this same year.
The onus is now on rechargeable batteries – rather than petrol – to propel the automotive industry into its proposed greener future, with lithium ion cells being the prevailing form of this technology.
"Lithium is a pretty abundant element naturally," Jamie Speirs, a fellow in energy analysis and policy at Imperial College London, told CNBC via telephone. But, though worldwide production of the metal is increasing year on year, he detailed that "the current supply chain will not match up with lithium demand by, say, 2040"...
Originally published by Peter Epstein of Epstein Research.
On October 27, 2016 Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) announced the completion of a share purchase agreement with Lithium S Corp. (“LSC”), granting LSC the right to earn a 51% interest in the Company’s South American subsidiary, Dajin Resources S.A. (“Dajin SA”). LSC can earn 51% with a cash payment of C$1.0 M (paid) and by incurring expenditures of C$2.0 M on mineral concessions, (or concession applications), held by Dajin S.A. In addition, LSC injected a further C$500,000 by subscribing to common share units in Dajin. Importantly, Dajin now has virtually no capital requirements in Argentina until LSC earns its 51%. Therefore, the C$1.5 million in cash from LSC can be used to fund the Company’s activities in Nevada. More about Nevada later, this article is about activities in Argentina...
In an exclusive interview with Oilprice.com, Brian Findlay, President and CEO of Dajin Resources Corp., discusses:
• How Tesla’s gigafactory is sparking a massive resurgence in Nevada
• Why other giant businesses are setting up shop here
• Why Nevada is ground zero for the lithium boom
• Why Reno will be the New Las Vegas
• What it all means for economic development and job creation
• The rush to stake out lithium targets, and the big names that are interested
• The few options left to get in on this game
• Who got there first, and where it’s all going
Interview by James Stafford of Oilprice.com
Dajin's Dr. Catherine Hickson joins Ellis Martin to discuss the potential for growth in the Lithium market
Join Ellis Martin for a conversation with Dr. Catherine Hickson, a Director of Dajin Resources Corporation trading in the US as DJIFF and as TSX-V:DJI. Dr. Hickson discusses Dajin projects in Nevada and Argentina and the potential for growth in the lithium market.
University of Washington Clean Energy Institute has published a website for Secondary Use of Lithium Ion and covers a series of topics such as Energy Basics, Eletrochemistry and Batteries. Check it out to learn more about Lithium Ion batteries...
Dr. Catherine Hickson, Director of Dajin Resources Corp., recently gave an interview for Resource World about what investors should look for in a lithium company. The article is found on page 27 of the August - September, 2016 Resource World issue, and is available below.
More than 70% of the world’s lithium reserves are concentrated in the lithium triangle—an area that covers North-Western Argentina, Northern Chile, and Southern Bolivia. The lithium largesse is split pretty much evenly between the three, although exact estimates are lacking. Argentina, according to Argentine Mining Secretary Jorge Mayoral, might have resources upwards of 128 million tonnes.
What does a good lithium assay look like? Investing News Network reached out to Dr. Catherine Hickson, world renowned volcanologist and director of Dajin Resources, to get some insight.Read More
Brian Findlay, Dajin Resources' President and CEO, is interviewed by Epstein Research.Read More
With the increased investment in the sector, energy storage costs are falling and the number of technical options are increasing. Lithium features heavily in many of these solutions in the form of large scale batteries...Read More
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Dr. Catherine Hickson, a world-renowned volcanologist and director of lithium junior Dajin Resources, explains the link between volcanoes, geothermal energy and lithium.Read More
iThe following interview was conducted by phone and email in the 6 day period ended February 29th. As can be gleaned from her answers, Dr. Hickson is excited about the near-term prospects for lithium exploration in Argentina....Read More
Recently returned from a trip to Argentina, Catherine Hickson of Dajin Resources explains how the country's recent change in government is already affecting the mining industry there....Read More
In an upset over the incumbent party, Mauricio Macri, former Mayor of Buenos Aires, won the November 22nd runoff election, heralding a new era in Argentina’s politics, future and standing on the world stage. Coinciding with Macri’s assent in the polls from September, Argentina’s benchmark Merval stock index soared 58% through the November 20th market close. Many believe that his victory represents an inflection point in Argentina’s long suffering economy. Yet, ramifications could extend well beyond the economy. It’s hoped that fresh political and financial transparency will rebuild relationships with leaders in South America and beyond. Caveat emptor, Macri needs to execute his plans, not a certainty in this volatile, but always promising country....Read More
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Last week, Tesla Motors announced that it had agreed in principle to an off-take agreement with Bacanora Minerals Ltd. (located in Sonora Mexico) and to a lesser extent, its joint venture partner, on a portion of their properties, Rare Earth Min. Since then, Bacanora’s stock is up approximately 40%. At first, I was surprised Bacanora’s stock didn’t soar even higher. It turns out that the off-take agreement has a number of contingencies and no financial commitment from Tesla. In fact, Tesla’s Elon Musk was quoted as saying, “this lithium deal is not exclusive (and) has many contingencies. The press on this matter is unwarranted.” ...Read More
Sentiment in the lithium sector has improved markedly in the past few months. Improving sentiment and higher stock prices among lithium juniors, despite continued devastation in other natural resource sectors, is certainly noteworthy. Lithium is hot and attracting a lot of attention. That's largely without even considering underlying lithium carbonate and hydroxide prices marching higher this year and expected to be higher again next year. Renewed M&A, most notably the Western Lithium / Lithium Americas merger, could be a sign of things to come. Projections of lithium demand continue to increase...Read More
An Eagles song, “There’s a New Kid in Town. We’re looking for the K?ing, the New Messiah. We’re Following the Stars Shining Brighter.” Yes, there’s a new kid in town, following the stars shining brighter. The star is lithium, shining brighter, in Nevada. Dajin Resources Corp (“Dajin”) (TSX-V: DJI) (OTC: DJIFF), an early-stage lithium company, put out a stellar press release on August 13th. Hint: 4,000 feet (1,200 meters), remember those numbers....Read More
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Lithium demand from Electric Vehicles, “EVs,” alone could grow 30% annually for years to come I’m on record as stating that demand for lithium will grow faster than most believe. Conventional wisdom seems to say that overall lithium demand will grow by 8%-12% annually. I understand why that range has been adopted, it’s already a fast growth rate by historical standards. Commodity and natural resource demand is frequently said to increase at, “the rate of GDP growth.” I wonder which country’s GDP rate is being referred to, hopefully not the U.S. A prime reason for my bullishness on lithium demand, with overall growth closer to 20% a year, is that Tesla is attracting A LOT of attention and competition. I will spare readers the obligatory rattling off a list of Tesla’s growing competition. But there’s much more to the story than Tesla....Read More
Conventional wisdom suggests that hard rock lithium mining occupies a much larger environmental footprint, takes a longer time from exploration to production and is more expensive than brine harvesting methodologies. This alone makes old fashioned hard rock mining less and less popular around the globe. Materials like lithium are undergoing a paradigm shift, (a well regarded infographic sponsored by Dajin Resources Corp. (DJI.V) (DJIFF), created by Visual Capitalist describes this topic in depth). The case in favor of hard rock mining in most extractive industries is crumbling...Read More
Vancouver-based Dajin Resources recently released lithium assay results from its Alkali Lake property in Esmeralda County, Nevada, showing promising concentrations of lithium. The company also owns acreage in the Teels Marsh region, in Mineral County. Dajin plans to recover the lithium using conventional methods, says president Brian Findlay....Read More
It is generally known to be true that battery use will drive lithium demand in the future. Even using a conservative and proven battery forecast does not alter this point, although some maybe surprised to see the growth in some other areas of lithium use, such as glass and ceramics. We would suggest that overall lithium demand will more than double from present levels through 2025....Read More
It all started with Tesla Motors’ (NASDAQ:TSLA) announcement of its battery gigafactory in February 2014. That news was discussed endlessly with breathless excitement. The news sparked a revival in lithium, cobalt and graphite juniors. For example, Western Lithium USA (TSX:WLC), based in Nevada, more than doubled that month. At the time, I wrote a few articles saying that the gigafactory was great news for select graphite companies. I didn’t mention lithium or cobalt, simply because I was less fluent in those...Read More
Tesla is already building a 5-million-square-foot battery factory. It's not big enough. That was the message from Tesla Chief Executive Officer Elon Musk this week while discussing, for the first time, the early response to his new product line of storage batteries designed for use in homes and businesses. The numbers are impressive. In the first few days of reservations since the battery announcement on April 30, Tesla took orders worth roughly $800 million in potential revenue, according to figures compiled by Bloomberg Business. ...Read More
Exclusive Interview with Dajin Resources CEO Brian Findlay: Accelerated Growth in Lithium-Ion Battery Market Creates Opportunity for Lithium Miners
Early adapters of new technologies propelling major economic revolutions are historically the ones that stand to benefit from it the most. The current revolution in lithium-ion batteries powered by expanding electric vehicle markets, and now a potentially robust market for home energy storage systems, has principally benefitted Elon Musk and anyone else who’s been holding Tesla (TSLA) since early 2013. The company's stock has gained almost 600% since that point....Read More
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Nevada and South America certainly seem like the places to be when it comes to lithium production. However, while there are a number of companies with projects operating in one region or the other, a few are exposed to both...Read More
Lithium brine deposits typically outperform hard rock and clay lithium sources on cost, sustainability and permitting. This gap is becoming more pronounced when we take into account technological advancements in brine processing...Read More
The Clean Energy Ministerial’s Electric Vehicles Initiative (EVI) has released its Global EV Outlook 2015 on electric vehicles and charging infrastructure deployment between 2008 & 2014...Read More
Dajin's President, Brian Findlay is interviewed by Dale Jackson on Money on the Mark. Joining them is Simon Moores, the managing director of Benchmark Mineral Intelligence to provide independent analysis of the lithium industry...Read More
Freak storm in the world’s lithium hub, Chile’s Atacama Desert, is expected to cause short term shipment delays but no long term impact - Benchmark Mineral Intelligence...Read More
Elon Musk is in a class all by himself when it comes to teasing new products.....Read More
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Seeo, a Hayward, California-based company that makes lithium polymer batteries, has closed a $17M round led by new investor Samsung Ventures, the investment arm of Samsung Group. Existing investors Khosla Ventures and GSR Ventures also participated. This brings the total Seeo has raised so far to $40.6 million..Read More
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Despite the fact that the stock market might be showing that Argentina is on its way to another default, there are many reasons why people are still investing in the country and its stocks.Read More