- Lithium
ion batteries (“LIB”) have key advantages over lead acid batteries in
systems designed for use in power grid failure
- State-of-the-art
designs in uninterrupted power supply systems depend on lithium-ion
battery packs
- Battery
technology conference notes that new uninterruptable power supply (“UPS”)
systems face lithium supply challenges
While the electrical vehicle market is driving a rising
worldwide demand for lithium, another sector is set to push the need for this light
metal even higher. At a leading industry event for battery technology this
week, participants discussed the growing demand for lithium ion batteries for
use in UPS systems in big data centers (http://ibn.fm/8Juh8).
This is good news for Canada-based QMC Quantum Minerals
Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ), a company engaged in the
acquisition, exploration and development of natural resource properties
containing high-quality lithium, silver, gold, nickel, copper and zinc
mineralization. The company recently announced that it has expanded its Cat
Lake property holdings as it pushes the Irgon Mine Project forward toward a
production decision.
The Battery Show, held September 11-13 in Novi, Michigan, is
an event which drew together engineers, executives and other industry
specialists. At a workshop titled “Batteries to Support Critical Power Grids,”
participants learned how lithium ion batteries have major advantages over lead
acid batteries in UPS systems. Such systems are crucial in a number of
industries, including health care, transportation, commerce and data
processing, where an interruption in the power supply could cause widespread
disruption, including loss of life.
Thomas Lynn, technical director of lithium battery producers
LiiON LLC, told the workshop that engineers are increasingly using
lithium-based batteries in state-of-the-art power backup systems.
The majority of UPS systems are still built on lead acid
batteries, but LIBs are beginning to gain ground in a trend that is expected to
continue, Lynn said. Lithium ion batteries hold significant advantages in UPS
systems in as much as:
- Lead
acid battery data systems have a three- to six-year lifespan, while
lithium ion systems can last from 15 to 20 years.
- Lithium
ion systems are built with battery management systems, which allow
engineers to constantly monitor the status and health of the system.
- Lithium
battery packs are smaller and lighter in weight than lead acid batteries,
which translates into savings in real estate space.
However, the workshop also heard that, while the UPS
industry sees enormous advantages in adopting LIBs, it faces the same supply
challenges with which the electric vehicle industry is already grappling.
QMC’s wholly owned Cat Lake Irgon Lithium Mine Project is
located on a site previously owned by the Lithium Corporation of Canada Ltd.,
which carried out a large amount of work several decades ago. It is due to this
previous exploration and development work (undertaken during the 1950s) that
QMC is anticipating starting operations much sooner than expected and is
currently working toward bringing the property online for production.
Additionally, the company recently announced that it has staked nine additional
mineral claims covering 4,784 acres, expanding the Irgon Property’s contiguous
footprint to 11,325 acres.
The historic (non NI 43-101-compliant) resource estimates at
the site calculated a vast lithium resource of 1.2 million tons grading 1.51
percent lithium-oxide. The company is currently in the process of updating the
resource estimate according to current industry standards, and so far, the
results have been positive, as they compare favorably with historic assays.
Channel sampling on the Irgon Dike has returned 1.59 percent Li2O over 16
meters. Regional results on other dikes in the area returned three grab samples
with concentrations over 1.90 percent lithium-oxide, including one that assayed
2.62 percent.
These positive results, alongside the property’s favorable
location and well-developed mining infrastructure, offer significant value and
positioning for QMC to capitalize on the rising global demand for lithium.
British Columbia-based Quantum Minerals is confident that
its Canadian Irgon Mine Project will make a major contribution to the world’s
lithium supply. This property is located in Manitoba, one of Canada’s most
productive mining regions.
In addition, also located within Manitoba, QMC is exploring
its Namew Lake District Project, which consists of two volcanic massive
sulphide (“VMS”) properties – the Rocky Lake and Rocky-Namew. Located in
the prolific Flin Flon VMS mining belt, each of these properties has great
potential to host additional base metal-rich mineral deposits.
For more information, visit the company’s website at www.QMCMinerals.com
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