Issue 76, March 1st – March 15th CONTENT Introduction

1Lithium ion batteries have been very popular lately because of the issue Batteries with the Boeing 787. Recently the FAA approved the proposed solution and Vehicles presented by Boeing, and is expected that before July these aircrafts to partners with Yamato fly again. However, Airbus had announced earlier that not use these Transport and batteries on its new model the A350. Despite this, the outlook for the battery industry for this year is interesting. According to the latest signumbox shapes its new generation of vehicles estimates, which will be presented in the next edition of the Analysis report, the use of lithium in batteries for electronic devices would grow Boeing improves 787 Dreamliner lithium-ion battery 10% this year, mainly because of the increase in the use of smartphones and tablets. The use of lithium in batteries for hybrid and electric cars is expected to grow at about 40 – 50% allowing total lithium demand to grow around 6 – 7% in 2013.

The next edition of the signumBOX Analysis report is going to be released on late April. For more information about our reports we invite you to visit our website www.signumbox.com. Lithium Industry SQM reported earnings for 2012

Dajin set association with JEMSE to develop mining project in Argentina

Galaxy achieves 99.9% purity grade lithium carbonate at Jiangsu Plant

Li3 achieves Chilean environmental approval

Posco reduces lithium recovery time from 12 months to 8 hours

Talison achieves court approval of Tianqi Scheme

LITHIUM, BATTERIES AND VEHICLES Batteries and Vehicles2

BRIEF NEWS HIGHLIGHTS

GS-Yuasa statement related Toyota partners with and Hino Motors Date: March 1st to battery fire in Boeing 787 Source: Toyota Motor Corporation Date: March 4th Source: GS-Yuasa Toyota Motor Corporation, Yamato Transport and Hino Motors announced that it would begin trials using two no emission electric Gs-Yuasa stated that it is working trucks that are going to be used to delivery goods refrigerated. with Boeing, Thales and the According to the information, the 28kWh lithium-ion battery EV Japanese and US authorities in truck would in tested for one year and the results would be used to order to clarify the cause of the improve the characteristic of commercial electric trucks. battery fire in the Boeign 787.

Subaru shapes its new generation of vehicles Date: March 5th Source: Fuji Heavy Industries Ltd.

The manufacturer of Subaru automobiles Fuji Heavy Industries introduced at the Geneva International Motor Show the Subaru Viziv Concept which represents the vision of the brand into the future. A lithium-ion battery powers the vehicle concept and the powertrain is a plug-in hybrid system that combines a diesel engine with a front motor and two rear motors.

LITHIUM, BATTERIES AND VEHICLES Boeing improves 787 Dreamliner lithium-ion battery BRIEF NEWS Date: March 14th Source: Boeing

Boeing announced that it has received the approval from the US Federal Aviation Administration to test the improvements to the 787’s battery system in order to allow operators to resume commercial 787 flights. The company stated that several layers have been installed to the lithium-ion batteries as additional safety features and new Rio de Janeiro to roll-out an enclosures are being built to produce them. EV taxi program Date: March 5th Source: In order to reduce the emission of greenhouse, The Rio de Janeiro City Government, NBA and Petrobras Distribuidora signed a partnership agreement for the launching of a electric taxi program that considers the delivery of 15 units of the Nissan LEAF.

Volvo delivers hybrid buses to UK and Luxemburg Date: March 15th Source: Volvo Buses Volvo Buses announced that is going to deliver to the bus services operator Arriva North West, 44 Volvo B5LH hybrid buses –which are fitted with lithium-ion batteries– to be incorporated into the operator’s fleet.

LITHIUM, BATTERIES AND VEHICLES Lithium Industry3

BRIEF NEWS HIGHLIGHTS

Nemaska clarified its plant’s capacity SQM reported earnings for 2012 Date: March 1st Source: Nemaska Lithium inc. Date: March 5th Source: SQM

Nemaska Lithium Inc. clarified that The lithium and derivates segment grew 12% compared with Phase 1 of its Lithium Hydroxide 2011, driven mainly by a growth in the rechargeable battery and Lithium Carbonate Plant in and lubricating grease markets. Prices in this segment grew 8% Salaberry-de-Valleyfield will have compared to 2011. an average combined capacity of 426 tones per year at 80% plant 2012 2011 2012/2011 availability, and not 500 tones per Lithium and Derivates Th. MT 45.7 40.7 5.0 12% year as previously announced. Lithium and Derivates Revenues MUS$ 222.2 183.4 38.8 21%

First Liberty Power plans to start drilling phase in Smoky and Lida Valley Lithium Properties Dajin set association with JEMSE to develop mining Date: March 7th project in Argentina Source: First Liberty Power Corp. Date: March 8th First Liberty Power Corp. Source: Dajin Resources Corp. announced that is planning to The Vancouver-based mineral exploration company Dajin Resources move forward to drilling phase at announced that it has held a meeting with the government of its Smoky Valley and Lida Valley Jujuy’s mining investment company (JEMSE for its initials in Spanish) Lithium Properties. in order to move forward with the Salinas Grandes Project in north western Argentina for the exploration of lithium, potassium and borate.

LITHIUM, BATTERIES AND VEHICLES Galaxy achieves 99.9% purity grade lithium carbonate BRIEF NEWS at Jiangsu Plant Date: March 8th Source: Galaxy Resources Ltd.

Galaxy Resources Ltd. has achieved 99.9% Li2CO3 purity lithium carbonate at its Jiangsu plant, for the use in the manufacture of electrolyte solutions for lithium-ion batteries. Even though, the Glen Eagle announced PEA company sees future demand seeking mainly 99.5% purity grade, at Authier Lithium Project to have a higher purity grade opens more marketing options. Date: March 8th Source: Glen Eagle Resources Inc.

Glen Eagle Resources Inc. announced that it has been Li3 achieves Chilean environmental approval filled on SEDAR the Pre Economic Date: March 11th Feasibility Study on its Authier Source: Li3 Energy, Inc. Lithium Project. Li3 Energy announced that it has received from the Chilean Environmental Authority the approval of its Environmental Impact Lithium Corporation has Declaration for its Maricunga Project. This is the first step for the stake claims at Fish Lake completion of the Environmental Impact Study. Property Date: March 12th Source: Lithium Corporation Lithium Corporation has stake Posco reduces lithium recovery time from 12 months to strategically located claims at its 8 hours Fish Lake Property, Nevada. These Date: March 12th claims have been considered Source: Bnamericas critical for the company as they contain considerable amounts of Posco has announced that it has developed a new technology lithium, boron and potassium. for lithium extraction, which reduces recovery time from 12 months to 8 hours, with a recovery rate of more that 80% (compared with recovery rate of 50% from traditional evaporation ponds). The result Technical Report encourages of this new technology is lithium carbonate 99.9% of purity. drill program Date: March 13th Source: Amerilithium Corp.

Amerilithium received a technical Talison achieves court approval of Tianqi Scheme report on its Clayton Deep Lithium Date: March 12th Brine Project, in Nevada, that states Source: Talison Lithium Limited the project’s potential of containing Talison Lithium announced that the Federal Court of Australia economic lithium resources. The approved the Tianqi Schemes for the acquisition of Talison’s company is developing a drilling ordinary shares that it has not already own and 100% of the options program in order to characterize to acquire shares (the schemes are for cash consideration of C$7.50 any lithium-bearing in the per ordinary share and C$7.50 per option less the exercise price for subsurface. that option).

LITHIUM, BATTERIES AND VEHICLES Fidel Oteiza 1921 Of. 1001 Providencia - Santiago - Chile Office: 562-9460407 Fax: 562-2441742 [email protected] www.signumbox.com