Energy & Mining International - Summer 2012 - (Page 82)

E M I LITHIUM ONE INC. LATIN AMERICA SUMMER 2012 Lithium One’s Sal De Vida is next to a property that accounts for. more than 12 percent of global lithium production annually.. • Northwest Argentina “If the projected rise in the demand for lithium comes to pass, then the world will need lithium from many of these new projects.” // PATRICK HIGHSMITH, president and COO Lithium Rising The best time to invest in a long-lasting trend is before it comes into play, which is why Lithium One has secured one of the best properties in Argentina. [ BY JAMIE MORGAN ] It’s also used to power hybrid and electric vehicles, which is a market that is popular in name, but still developing and expected to mature over the next decade. Lithium also has exciting new applications in non-traditional energy, such as backup and storage batteries for solar panels and wind turbines. For all these reasons, Lithium One Inc., a Canadian-listed junior mining company, plans to begin large-scale lithium production in 2015 to capitalize on the already-thriving but still developing lithium market. The company has two lithium-laden properties, including its flagship project in Argentina, which is also rich in potash. SAL DE VIDA Lithium is already a major player in the industry of lightweight and paperthin electronics that tuck neatly into pockets, purses and cases. But the real lithium boom is still approaching, acPROFILE cording to an informal industry consensus. Many say 2015 will be the real coming-out party for this lightweight metal used to make lithium-ion batteries that power cutting-edge technologies such as smart phones and tablet computers. Lithium One Inc.. | Headquarters: Vancouver Flagship project: Argentina | Specialty: Lithium | Employees: 30 The Argentinian property is in the country’s northwest side on the Salar del Hombre Muerto (“salar” is Spanish slang for dry lake bed). In 2009, Lithium One acquired the eastern half of the lakebed, which it calls Sal de Vida – Spanish for “salt of life.” The western part of the salar is owned by FMC Corp. and has been producing lithium since 1997. This is the only commercial 82

Table of Contents for the Digital Edition of Energy & Mining International - Summer 2012

Energy & Mining International - Summer 2012
Wind Financing
Latin American Energy
Mining Developments
Wabash Mfg. Inc.
Mega Precious Metals
Iron Ore Company of Canada
Rainy River Resources Ltd.
Canada Energy
Gear Energy
Manitok Energy Inc.
Chieftain Metals
IC Potash
Nyrstar Langlois Mine
Phoenix Technology Services Inc.
Waycon Manufacturing Ltd.
Tuscany International Drilling
Latin America Focus
Canacol Energy
Orosur Mining
Lithium One Inc.
Cabo Drilling (Panama) Corp.
Continental Gold Ltd.
Guyana Oil Co. Ltd.
Batero Gold Corp.
The Williston Basin
Primary Petroleum
Sanjel Corp.
Summit Energy Services
Kengor Metals LLC
Stone Energy
Holloway Pipe
McFarren Group – Appalachian Transload Services
Trumbull Corp.
De-Cal Mechanical
Buck’s Fabricating
ITI Trailers & Truck Bodies
Hamilton Machine/ ValTek Industries
Rodenberg Diversified LLC
Mazzella Lifting Technologies
Independence Excavating
Magna-Solutions LLC
Blackhawk Specialty Tools LLC
MinExpo 2012
Rail-Veyor Technologies
STW Technic
RAM Enterprise
Miner Elastomer Products Corp.
McElroy Manufacturing
REICHdrill Inc.
Gunnebo Johnson Corp.
The Timken Co.
K/M Specialty Pumps & Systems Inc.
Schroeder Industries
The Reinforced Earth Co.
Geoprobe Systems®
Sumitomo Pogo Mine LLC – Pogo Mine
Power Service Inc.
National Pump Co.
Peak Oilfield Service Co.
TonaTec Exploration
Xtreme Oil & Gas Inc.
White Tiger Gold
TransAtlantic Petroleum Ltd.
Lydford Mining Co.
MFM Industries Inc.
Crescent Companies
Tri State Tank
Aquila Resources
Armstrong Coal
EnerJex Resources Inc.
Sanchez Energy Corp.
Chatham Steel Corp.
Ad Index
The Final Shot

Energy & Mining International - Summer 2012