New York, January 8, 2018/PRNewswire /--
According to a report published by Grand View Research, Inc.
Global Lithium
The ion battery market is expected to reach $93.
By 2025, the growth rate was 1 billion and the compound growth rate was 17. 0%.
The report explained that lithium
Ion batteries for applications that require light weight and high strength
Energy density solution.
These batteries are widely used in consumer electronics, portable devices, electrical and plug
Hybrid vehicles, including energy storage systems, are expected to grow fastest in the forecast period due to the development of wind energy and solar photovoltaic in countries including Germany, with a compound growth rate of 21% from 2017 to 2025, china and the United StatesS.
First Cobalt Company(OTC: FTSSF)
Lunding Mining Corporation (OTC: LUNMF)
ECobalt Solutions, Inc. (OTC: ECSIF)
Ford Motor Company (NYSE: F)
General Motors. (NYSE: GM)
The Daguan research report also pointed out that lithium cobalt oxide (LCO)
Is the leading product of lithium.
The market for ion batteries is valued at $7.
2016 15 billion.
LCOs has a high usage rate in the areas of mobile phones, tablets, laptops, cameras, etc. because it has high energy density and high security level.
Therefore, cobalt is expected to play an important role in the market.
According to the S & P Global Platform, the BMO Capital Market said that due to growing demand for lithium-ion batteries, the price of cobalt may rise sharply in the next two years.
BMO predicts that the average annual price of cobalt could reach $40. 50/lb in 2019.
The bank said: "After a period of poor performance, Cobalt has a high peak history, which is mainly related to the structure of the supply side.
Without a major mine supply side, Cobalt has less elastic supply buffers than its peers.
First Cobalt Company(OTCQB: FTSSF)
Also listed on the TSX Venture Exchange, the stock code is "fcc ".
Last week, the company announced Breaking News, "purchased five unpatented claims in the North Cobalt area of the Cobalt camp in Ontario, close to the first cobalt used to produce silver flags and Ophir minesHighlights: -
Three of these claims are adjacent to the silver flag and the first cobalt property east of the aufield mine --
As a result of limited exploration for these claims, as part of the grass-roots exploration plan for 2018, the first cobalt intends to carry out surveying and mapping as well as soil and until the geophysical investigation
The claim includes the venue of the Huron supergroup Group in contact with nipinxin Diaby;
Favorable geological environment of cobalt
Silver Mell, president and chief executive, commented: "This North Cobalt region is of particular interest as some of the more important past --
There are cobalt-producing mines nearby, including the Silver Flag mine of the high-grade cobalt samples we reported.
"These claims are located in the north of the Cobalt camp, covering an area of 750 hectares, to the east of the historic silver flag and Ophirmines.
The analysis results of the muckpile captured samples from the silver flag included 1. 14% Co, 0. 69% Co and 0. 47% Co.
The silver flag is one of the smaller historical silver mines, but the veins contain cobalt-silver-
The nickel relationship is comparable to some of the larger mineralised vein systems of the Cobalt camp, such as nipinxin, Crown Reserve, Kerr Lake and silver fields.
High grade cobalt will not be the focus of past exploration, so similar systems may be ignored in new claims areas.
These claims further consolidate the highly anticipated property in the North Cobalt area.
Limited exploration of these claims is expected, and work in the summer of 2018 is expected to include soil and up to the geophysical survey as well as field mapping.
Lunding Mining Corporation (OTC: LUNMF)
It is a diversified Canadian base metal mining company with operations in Chile, the United States, Portugal and Sweden, mainly producing copper, nickel and zinc.
In addition, Lundin Mining holds an indirect 24% stake in Freeport Cobalt's business, which includes a Cobalt refinery located in Kokkola, Finland.
Refineries located in the Baltic Sea of Finland process unrefined cobalt and related metals and produce advanced inorganic products for fast-
The market for terminal use is growing.
Freeport Cobalt is one of the world's largest suppliers of Cobalt chemicals and powders for batteries, pigments, ceramics and powder metallurgy.
On November 30, 2017, the company announced that it had submitted an updated technical report for Chile's Candelaria copper mine and an updated technical report for Sweden's Zinkgruvan mine
ECobalt Solutions(OTCQX: ECSIF)
Committed to providing ethical production, environmental protection, battery grade cobalt products that are critical to the fast-growing rechargeable battery and renewable energy industry, manufactured safely, responsibly and transparently in the United States.
Recently, the company reported that the optimization of the Idaho cobalt project continued to make positive progress ("ICP").
A successful laboratory scale test showed that the conventional roasting method removed arsenic from the ICP concentrate.
These successful results support the company's new direction in producing clean products (
Low arsenic content)
Cobalt concentrate products are upstream pioneer materials for battery cathode production, which may lead to lower capital and operating costs for cobalt production facilities.
As announced by the company in December 7, 2017, this product change and other project optimization efforts have the potential to lead to significant improvements in the economics of ICP.
In response to the dynamic and internal changes in the battery supply chain, this new opportunity is being sought
Conduct in-depth discussions with potential overseas partners.
Ford Motor Company (NYSE: F)
It is a global company based in Dearborn, Michigan.
The company designs, manufactures, sells and serves the full range of Ford cars, trucks, SUVs, electric vehicles and Lincoln luxury vehicles, providing financial services through Ford Motor Credit, and holds leadership positions in electrified, automated and mobile solutions.
In December 5, 2017, the company outlined the next phase of its China expansion strategy, focusing on SUVs, electric and connected vehicles, streamlined business structures and closer ties with Chinese customers.
The company plans to offer more than 50 Ford and Lincoln new cars in China by 2025.
The expanded portfolio will reflect a greater emphasis on SUVs --with eight all-
New utilities and more electric cars.
The company will launch at least 15 new electric vehicles from Ford and Lincoln.
New Zotye-
Ford joint venture will offer a range of affordable products
The new brand of electric vehicles is subject to regulatory approval.
General Motors(NYSE: GM)
Hold leadership positions in the largest and fastest place in the world
The auto market is growing.
Recently, the company and its joint venture announced that they sold more than 4 million cars in China for the first time in 2017.
Retail sales totaled 4,040,789 units, up 4 year on year.
It was 4% higher than the 2016 high.
China has become GM's largest retail market for the sixth consecutive year.
The company has benefited from record domestic sales of Cadillac, Buick and Baojun brands.
With the launch of Buick Velite 5, GM has accelerated its development to zero emissions --
Range electric vehicles, Baojun E100 electric vehicles 2017.
These products strengthen the company's unparalleled lineup of domestic electrified passenger cars. Subscribe Now!
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