Japan is slated to announce a new national solar mandate that would see all new buildings and houses be built with solar installations by 2030.
Shares of Orocobre Limited (ASX: ORE.AX) (market cap US$273 million) jumped more than 9% today after the company announced that a definitive feasibility study (DFS) of the company’s Salar de Olaroz lithium-potash brine project in Argentina defined a resource base of 6.4 million tonnes of lithium carbonate equivalent -- sufficient to sustain a mine producing 16,400 tonnes per year of battery grade lithium carbonate. The company’s website says initial commercial production at Olaroz is expected to begin in 2012.
The nuclear fallout from the 9.0-magnitude earthquake and ensuing tsunami that rocked Japan on Friday continues to escalate. After a third reactor explosion occurred early Tuesday morning at the Fukushima nuclear power plant, a fourth reactor started on fire causing more radioactive material to be released.