Hydro-Québec to launch energy storage system to fight climate crisis

Hydro-Québec is launching a new subsidiary that specializes in energy storage systems in a bid to help speed up development of renewable power and commercialize technology it has developed over four decades. A shift toward more renewable energy and away from fossil fuels is driving demand for large-scale power storage […]

Battery graphite demand to rise 15X by 2030, says BMI

Skyrocketing electric vehicle (EV) sales will boost battery-related graphite demand by a factor of 15 by the end of the decade, sparking a chronic shortage of fine grade material, Benchmark Mineral Intelligence (BMI) analyst George Miller said on Monday. FULL STORY: https://www.mining-journal.com/events-coverage/news/1400786/battery-graphite-demand-to-rise-15x-by-2030-says-bmi

Carmakers have blind spot for lithium, cobalt, nickel prices

A new research note from battery supply chain specialist and price reporting agency, Benchmark Mineral Intelligence, has a warning for carmakers about the direction of battery prices used in electric vehicles – that they won’t fall indefinitely. Andrew Leyland, Head of Strategic Advisory at Benchmark, points out that lithium-ion battery cell […]

Ceylon Announces approval for OTCQB Under Symbol “CYLYF”

VANCOUVER, British Columbia, Dec. 03, 2020 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that its common shares have been approved for trading on the OTCQB Venture Market effective December 3, 2020. The Company’s U.S. listing will trade under the symbol “CYLYF” while the Company’s primary Canadian […]

Hyundai Motor to launch dedicated EV platform in major push into electric cars

SEOUL (Reuters) – South Korea’s Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs. The plan underscores efforts by the world’s No.5 auto group to become a major player in […]

Top Battery Metals Stocks on the TSX and TSXV

Battery metals such as lithium, cobalt and graphite are essential to the lithium-ion batteries used to power electric cars, with demand expected to increase in the coming decades. Plans by Tesla (NASDAQ:TSLA) to eliminate cobalt from its batteries or use silicon for its anodes instead of graphite have recently hit the market, but […]

Ceylon Graphite Resumes Production

commercial production begins at ceylon graphite mine

VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that its wholly-owned subsidiary Sarcon Development (Pvt) Ltd.’s K1 and M1 sites in Sri Lanka have returned to full operations following easing of […]

Ceylon Graphite Announces Closing of Second Tranche of Private Placement

VANCOUVER, British Columbia, Oct. 29, 2020 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that further to its press releases of October 19 and 23, 2020, it has issued an additional 21,265,000 units (“Units”) at a price of $0.0875 […]

Ceylon Graphite poised for new C$4.5M placing to accelerate operations; shares surge

Ceylon Graphite Corp (CVE:CYL) (OTCMKTS:CYLUF) (FRA:CCY) has unveiled plans to raise up to around C$4.5 million through a private placing to accelerate its commercial operations. In a statement, the miner said a previous financing announced this year, had now lapsed as prospective investors were unable to complete the placement by the extension […]

Ceylon Graphite Announces Closing of the First Tranche of Its Private Placement

VANCOUVER, British Columbia, Oct. 23, 2020 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that further to its press release of October 19, 2020, it has closed its first tranche of the private placement. An aggregate of 30,163,566 units […]