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Rio Tinto declares maiden ore reserve at Jadar; major potential source of battery-grade lithium carbonate

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Ore reserves are valuable and legally, economically, and technically feasible to extract. The scale and high grade nature of the Jadar mineralization provides the potential for a long-life operation in the first quartile of the industry cost curve for both products. Earlier post.). Rio Tinto said the Ore Reserve is 16.6

Carbon 170
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Advanced lithium ion batteries, sodium sulfur (NaS) batteries, and compressed air energy storage (CAES) are other key technologies that will be utilized for bulk storage applications during the forecast period. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead.