Lithium – Bloomberg reported that Boeing Co. is planning its final test flight for the 787 in the “coming days.” Once the US FAA approves the changes and allows the plane to resume commercial flights, Boeing would make upgrades to the batteries with Japan Airlines Co. and All Nippon Airways Co. first in line.
Lithium – Mining Weekly announced that in spite of the tough market, Canada Lithium was able to close a $15M public offering, issuing 20.55-million units at 73c each.
Lithium – Platts reported that Canada Lithium’s commissioning of its lithium mine and processing facility is on track in spite of water discharge problems. Preliminary assessment showed that about 50,000 cubic matures of water have been released.
Lithium – Bloomberg reported that Orocobre Ltd’s Chairman, James D. Calaway said that electric vehicles no longer dictate lithium production as demand for lithium ion batteries used for electronic products have increased considerably.
Lithium – Reuters reported that in order to get the 787 Dreamliner back up in the air, Boeing Co will test the plane’s battery to a test that the company helped develop but never used on the plane previously.
Lithium – Mining Weekly reported that lithium explorer, Ero Mining, has informed its shareholders on Thursday that it is currently looking for new opportunities as its asset base is not viable for on-ground exploration activities as of this time.
Lithium – Mining Weekly reported that Australian lithium miner, Talison Lithium, announced that it has already been granted an Australian federal approval to proceed with the takeover deal by Chengdu Tianqi Industry Group for C$848 million.
Lithium – Bloomberg reported that Boeing Co’s preproduction testing of the 787 plane’s lithium-ion batteries didn’t trigger a fire after an intentional short-circuit, which led them to conclude that the possibility of a blaze were unlikely.
Lithium – Reuters reported that Japanese lithium-ion battery cells maker, GS Yuasa Corp., is working closely with Boeing Co, Thales SA, and regulators to get the 787 Dreamliner back into the air.
Lithium – USA Today reported that experts at the Federal Aviation Administration (FAA) will announce next week whether they are accepting Boeing’s proposal to fix its Dreamliners so the planes can once again fly.
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