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MAMMOTH ENERGY GROUP, INC
Stock Symbol :: MMTE
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MAMMOTH ENERGY GROUP, INC (MMTE)

Mammoth Energy Group, Inc. is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world.
Recent Price
Market Capitalization $2.64M
Est Float 2.4B
Outstanding Shares 2.4B
Quotation OTC.PK

Mammoth Energy Group, Inc.

545 Eighth Avenue
Suite 401
New York, NY 10018


Phone: 212-613-5453
Fax: 212-501-2082
http://www.mammothenergygroup.net
Similar Companies in Sector

  ·         Lithium Corporation, formerly Utalk Communications Inc., is an exploration stage mining company engaged in the identification, acquisition, and exploration of metals and minerals with a focus on lithium mineralization on properties located in Nevada. OTCBB: LTUM Recent Price: $.44

 ·         Li3 Energy, Inc., formerly NanoDynamics Holdings, Inc., is an exploration-stage company. The Company is engaged in acquisition and development of lithium brine properties in the United States. The Company’s the Projects are undeveloped prospects for mining deposits of lithium and potassium and consist nine mineral concessions that cover a total area of 19,500 acres (approximately 7,900 hectares) at an elevation of 14,000 feet (approximately 4,300 meters) above sea level.   OTCBB:LIEG  Recent Price: $.38




Current Projects

  According to the USGS, overall demand for lithium is growing at a rate of 4-5% per year

  • Demand for lithium destined for battery usage is predicted to grow by 20% per year
  • Over 60% of mobile phones and 90% of laptop computers feature Lithium Ion batteries
  • The worldwide market for rechargeable lithium batteries is estimated to be worth over $4 billion/year
  • The automotive market alone is projected to reach $337 million in 2012, and $1.6 billion in 2015

 

  Mammoth Energy Group Announces Demand for Lithium Carbonate Doubled From 2003-2007

Mammoth Energy Group, Inc.  recently announced demand for lithium carbonate doubled from 2003 to 2007, and a report by Credit Suisse states that the market for lithium-ion batteries may expand to 14 times its 2009 size by 2030.

With growth in Asia increasing the long-term demand for oil, the quest for energy conservation has increasingly focused attention on lithium, the key resource needed for the manufacture of energy-efficient ion batteries powering hybrid cars.

 



Company Overview
  Mammoth Energy Group, Inc. (OTC.PK: MMTE)

Mammoth Energy Group Inc is focused on acquiring, developing and operating strategic mining energy reserves in locations throughout the world. With an ever changing shift to alternative energy and fuels Mammoth Energy Group will be prepared to be a leading energy supplier and operator. Mammoth Energy’s goal is to become an important partner as the world’s energy paradigm begins to change throughout the next decade and beyond.

Throughout the early part of the 21st century traditional oil and gas deposits will remain an important part of laying the future of an ever expanding energy network. But there is undeniable strength towards the increasing demand in green technologies and the coming green energy revolution which will impact every person in the world. This green revolution will transform the world’s economy off the dependence of hydro-carbons and will include the commoditization of energy and the development of many new industries we can not yet imagine.

Mammoth Energy Group will be an integral link in developing energy and mining projects that take advantage of this renewable energy shift and we will help to create the coming new energy paradigm for the 21st century

 

The Future of Energy

In the future, civilization will be forced to research and develop alternative energy sources. Our current rate of fossil fuel usage will lead to an energy crisis this century. In order to survive the energy crisis many companies in the energy industry are inventing new ways to extract energy from renewable sources. While the rate of development is slow, mainstream awareness and government pressures are growing.

Technological change alone cannot account for the emergence of the new energy paradigm. Past transitions—from wood to coal, from coal to oil—have also been influenced by a volatile mix of forces, including resource limitations and environmental and socioeconomic issues. America’s oil-based economy developed from new technologies, the discovery of plentiful oil, the desire for cleaner alternatives to horse-drawn carriages and the popularity of gas-lighting. Similar forces exist today, though their relative importance has changed in significant ways.

New potential US based lithium supply side companies are coming and early strategic investors are already positioning themselves. It’s not often in an investor’s life they get the opportunity to invest in something so profound, something so huge it constitutes a sea change in the way we go about our daily business. With the full might of the Office of the President of the United States of America behind it the push for electrification is becoming a reality, and because of this new reality in America, lithium might just become the commodity of choice for investors

 A New Energy Paradigm for the 21st Century

At the close of the 20th century, a new energy paradigm, forged by technological advances, resource and environmental constraints and socioeconomic demands, has begun to emerge. This paradigm is based not on a finite stock of fossil fuels, but on a virtually limitless flow of renewable energy—sun, wind, water, wood, the earth’s heat—and on the most abundant element in the universe: hydrogen. Now as then, the broader implications of this upheaval are likely to be nothing less than revolutionary.

Like the hydrocarbon era that preceded it, the dawning lithium-hydrogen age carries its own set of risks and opportunities, as well as its own set of winners and losers. Nations that anticipate and position themselves for the transition are likely to reap an array of social, economic and environmental benefits.

 Lithium Mining

Lithium is the thirty-third most frequently occurring mineral so it’s not exactly scarce, but concentrations are generally too low, and extraction too difficult and costly to be viable. The major trend in the lithium industry has been a transition from hard rock mining-based sources of lithium to brine-based ones. The cost-effectiveness of brine operations forced even large producers in China and Russia to develop their own brine sources or buy raw materials from brine producers.

The economics of obtaining lithium carbonate from brine are so favorable that most hard rock production has been priced out of the market. Lithium brines are currently the only lithium source that can support mining without significant other credits from tantalum, niobium, tin etc., (low manganese content within Nevada’s Clayton Valley brines significantly reduces recovery costs, unlike Chile’s high manganese content brine deposits). Lithium brine resources are now the preferred method of lithium recovery.

Lithium recovery from brines could lead to a huge carbon footprint reduction because of a nearly zero-waste mining method. Once the lithium is recovered the chemicals used can be recycled, also the by-products include saleable compounds such as potash and/or boron.

 Lithium

To achieve the technological breakthroughs that are currently under way the United States and the world is going to need batteries that are cheaper, more durable and more powerful then the current nickel-metal-hydride (NiMh) batteries. Because of groundbreaking research there is already an answer being voiced, lithium-ion. With double the “energy density” of today’s standard NiMh batteries lithium-ion cells have emerged as the leading battery technology to power hybrid vehicles.

This battery is absolutely critical to the nations energy plan, and the need for such a battery for energy storage if he’s going to replace much of the nation’s oil imports with US nuclear, solar, wind and geothermal eco-friendly generated electricity. The demand for lithium will rise many times over present day production with the coming runaway demand for eco-vehicles.

Where will the Lithium come from?

As electricity starts to replace gasoline in America the country could very well be running the risk of replacing its dependence on foreign oil for a dependence on foreign lithium or foreign produced lithium cells.

Lithium is not traded publicly; instead it’s sold directly to end users for a negotiated price per ton or pound of Lithium carbonate (Li2CO3). High demand and low supply has recently caused reported paid end user prices to reach US $6,600.00 ton.
There’s one unit of lithium in a cell phone battery, 3,000 units in a hybrid car and 7,000 units in an electric car; the numbers work out to 9 to 30 kilograms of lithium oxide per car battery.

One of the current administrations goals is to have and to build 1,000,000 new America hybrid cars and have them on the road by 2015. The automotive industry needs a secure uninterrupted supply of lithium to ramp up its production of the next generation of hybrid electric vehicles using lithium-ion batteries.

  

The Future of Lithium

 

Lithium will soon begin to dominate the markets and politics of the 21st Century through new global supply chains and trade agreements between resource providers and battery manufacturers.

Deposits of lithium are found in South America throughout the Andes mountain chain. Chile is currently the leading lithium metal producer, followed by Argentina and nearly 85% of the worlds known Lithium reserves are found in this region.

Boliva, which currently has no commercial Lithium Mining companies, as a country holds the largest Lithium Deposits in the world.

In the latter years of the 20th century lithium has become important as an anode material. Used in lithium-ion batteries because of its high electrochemical potential, a typical cell can generate approximately 3 volts, compared with 2.1 volts for lead/acid or 1.5 volts for zinc cells. Because of its low atomic mass, it also has a high charge— and power-to-weight ratio.

Lithium-ion battery

A Lithium-ion battery is a type of rechargeable battery in which lithium ions move from the anode to cathode during discharge, and from the cathode to the anode when charged. Different types of lithium-ion batteries use different chemistry and have different performance, cost, and safety characteristics. Unlike primary lithium batteries, lithium-ion cells use an intercalated lithium compound as the electrode material instead of metallic lithium.

Lithium ion batteries are common in consumer electronics. They are one of the most popular types of battery for portable electronics, with one of the best energy-to-weight ratios, no memory effect, and a slow loss of charge when not in use. In addition to uses for consumer electronics, lithium-ion batteries are growing in popularity for defense, automotive, and aerospace applications due to their high energy density.

 

Leadership

Mr. William Lieberman, Chief Executive Officer and President

Mr. Lieberman is the former President of Trilliant Exploration Corp., a gold mining operation with assets in southern Ecuador and nearly 200 employees in full scale mining production with reserves of nearly 1.2 million oz. He worked closely and was intimately involved in all stages of financing and development of Trilliant Exploration and his efforts resulted in the closing of nearly $3 MM venture capital and private equity investment. Beginning in 2005, Mr. Lieberman served as Vice President of Resource Polymers, Inc of Toronto, Canada. Mr. Lieberman holds a Masters in Business Administration from Hult International Business School, and a Bachelor of Arts in Political Science from the University of Western Ontario.

 

Samir Ahshrup, Secretary and Chief Operating Officer

Mr. Ahshrup a native of Malaysia is experienced in energy, government and the telecommunications industries. Working internationally his expertise has lied in strategy formulation and program implementation through out Fortune 500 firms. He began his career with the consulting company Traderoof and in 2005 he joined the Computer Science Corporation, in which he led the consulting team that designed Maybank’s online cash management system in Malaysia. Mr. Ahshrup has also worked as a Product Manager at Siemens and has consulted at PA Consulting Group, in Boston, MA.  Mr. Ahshrup graduated with a Masters in Business Administration from the Hult International School of Business Administration with honors and holds an Engineering Degree from the University Putra Malaysian in Computer and Communications Systems.

 



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