FIRST LIBERTY POWER (OTC BB: FLPC.OB) is an innovative and aggressive U.S. based exploration and Development Company, Headquartered in Nevada, First Liberty Power, Corp. is positioning itself to be at the vanguard of the United States efforts to free itself from foreign oil and achieve its goal of clean sustainable energy self sufficiency.
First Liberty Power is mining for lithium, vanadium,and uranium, which will be important elements in the U.S. government�s green energy plan. The mining exploration company has a more than 12,000-acre lithium claim in Nevada and 66 vanadium-uranium mineral lode claims in Utah.
Glyn R Garner, President and CEO of First Liberty Power Corp, commented, �First Liberty believes lithium, vanadium and uranium will play a key role in the revolutionary transformation taking place in the way the world is powered. In addition to excellent infrastructure of these highly prospective properties, First Liberty has positioned itself under the guidance of renowned geological consulting firm GeoXplorCorp., who have performed more radon surveys and successfully drilled into more radon anomalies in SE Utah than any other company. They also have more exploration experience with Nevada brines than any other company in the USA. The company plans on aggressive exploration programs to consist of various geophysical methods prior to drilling on both of these exceptional properties.�
In light of the April Gulf of Mexico oil spill, the Obama Administration�s previously announced goal of at least one million plug-in hybrids by 2015 seems more likely to occur.
The Obama administration and governments around the world are seeking to push the advancement of alternative power train technologies. As part of the 2009 US Economic Stimulus Package, the government has allocated $2.4 Billion in grants for the development of advanced automotive battery technologies in order to benefit Hybrid, Plug-In Hybrid and BEVs, as well as $400 Million for �transportation electrification demonstration and deployment projects�.
Finally, in addition to government sponsorship of technological research, the administration has provided individual incentives for purchasing a PHEV or BEV by offering a $7,500 tax credit for the first 200,000 families who do so. The introduction of new battery technology, particularly the advancement of Lithium-Ion batteries, has greatly improved the energy density of the battery stacks and excited both automotive designers and executives. This excitement was displayed when nine BEV concepts were debuted to the public at the 2009 North American International Auto Show, a record high.
China BAK Battery, Inc. (Nasdaq: CBAK) is one of the largest manufacturers of lithium-based battery cells in the world, as measured by production output. It produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers and portable consumer electronics, such as digital media devices, portable media players, portable audio players, portable gaming devices, and PDAs. Recently, China BAK was accepted into the approved vendor list of an international first-tier OEM notebook computer manufacturer. China BAK Battery, Inc.�s 3.0-million-square-foot facilities are located in Shenzhen and Tianjin, PRC, and have been recently expanded to produce new products.
China BAK Battery Inc. operates through three wholly-owned subsidiaries. Founded in August 2001, the company’s Shenzhen BAK subsidiary develops and manufactures prismatic cells and cylindrical cells. The Company’s other subsidiary located in Shenzhen, BAK Electronics, develops and manufactures lithium polymer cells. BAK International (Tianjin) Ltd., the third operating subsidiary located in Tianjin, is principally engaged in the manufacture of advanced lithium ion batteries for use in electric bicycles, power tools, uninterruptible power supplies, and other applications.
China BAK Battery became an US publicly traded company in January 2005 through a merger and stock exchange transaction. In May 2006, China BAK Battery began trading on the NASDAQ Stock Market under the symbol CBAK.
During the quarter ended June 30, 2010, the Company recorded $14.5 million in non-cash expenses following a strategic review of its operations. The Company has presented non-GAAP gross profit, operating income, net income and diluted earnings per share excluding the impact of non-cash expenses on its financial results for the three months ended June 30, 2010, March 31, 2010 and June 30, 2009. The Company uses the non-GAAP information in its internal performance measures to analyze performance between periods, develop internal projections and measure management performance. The Company believes the non-GAAP results provide investors with a measurement of operating results, which are comparable with subsequent periods.
Green Plains Renewable Energy Inc. (Nasdaq:GPRE) is a vertically-integrated ethanol producer based in Omaha, Nebraska. Green Plains currently has an ethanol production capacity of approximately 500 million gallons per year with 6 plants located in Bluffton, Indiana, Central City, Nebraska, Obion, Tennessee, Ord, Nebraska, Shenandoah, Iowa and Superior, Iowa. Green Plains also operatse an independent third party ethanol marketing business, Green Plains Trade, for which they have 360 million gallons of annual production under contract.
Green Plains also provides agribusiness services through Subsidiary � Green Plains Grain. Green Plains Grain is a full-service agribusiness organization that specializes in grain, agronomy, and petroleum products in Iowa, southwestern Minnesota and western Tennessee. Green Plains Grain has grain storage capacity of approximately 30 million bushels that are used to support grain merchandising activities, as well as ethanol plant operations. Green Plains believes that incorporating this business segment into their operations increases efficiencies and reduces commodity price and supply risks.
To add to Green Plains platform, the Company acquired a majority interest in biofuel terminal operator, Blendstar, based in Houston, Texas, in January 2009. The Blendstar platform allows customers to source, store and blend ethanol and biodiesel to meet growing demand, now and in the future. Blendstar currently has terminals with a total annual throughput capacity of more than 495 million gallons per year. These facilities accept deliveries by both rail and truck, and offer the same quality controls, safety, security, and back office functionality of a major petroleum terminal.
Looking to next generation technology, Green Plains is part of a joint venture called BioProcessAlgae to commercialize algae production technology. In addition to Green Plains the other partners in the venture are CLARCOR Inc., Bioprocess H2O, and NTR plc. BioProcessAlgae received a grant from Iowa Office of Energy Independence for approximately $2.1 million to build a pilot project at Green Plains� ethanol plant in Shenandoah, Iowa.
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