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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.


TSXV:MMS - Post by User

Bullboard Posts
Post by rkhamon Nov 23, 2017 12:07pm
64 Views
Post# 27019589

Elon Musk has finished building the world's biggest battery

Elon Musk has finished building the world's biggest batteryhttps://www.theverge.com/2017/11/23/16693848/elon-musk-worlds-biggest-battery-100-days

Elon Musk looks to have delivered on his promise to build the biggest lithium ion battery in the world in an effort to help South Australia with its crippling energy problems. “100 days from contract signature or it’s free,” Musk tweeted at the time, in a deal initially negotiated over Twitter. Musk is well ahead of schedule (a rarity for Tesla!), with the 100MW battery set to be energised and tested in the coming days, according to a press release from the local state government.

Tesla Powerpacks have been installed and connected at Neoen's Hornsdale windfarm, north of Adelaide, and battery tests will be run to ensure local regulatory requirements are met before it begins operating on December 1st. South Australia suffered a state wide blackout last September, which sparked a highly politicized national debate about energy security. The Australian Government blamed the failure of renewable energy to cover usage. Musk's battery farm stores huge amounts of energy from renewable sources like wind and solar, and funnels it out to the grid when usage is high.

Bullboard Posts