Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals

Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).

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Sunrise Energy Metals Ltd

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Comment by Oregonduckon Mar 18, 2015 12:33pm

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Post# 23534162

RE:Tesla's Lithium Supply Constraints

The projected lack of supply for Li batteries to feed Tesla could well be true. However, the two reasons cited in the Forbes article in connection with the supply are the same two reasons RBi went titties-up. RBI couldn't produce 99.9% Li carbonate with the first shipment rejected by the Chinese, and in addition, the hard rock Li production is too costly to extract. RBI's business plan is simply not viable.

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@ the Bell: TSX advances to start off Christmas trading week