Thursday 1 October 2015

Ortac Zambia Investment is Paying Off. New Investment into Zamsort, set to edge the Kalaba Copper stockpile project into production

Cash is king on AIM and the news out this morning by Ortac Resources is a welcome development for investors as the Kalaba copper stockpile project under the development by local copper company Zamsort which Ortac are a major investor in, receive a vote of confidence in the project as the latex investor Kopara, is seeing what I have seen all along. Kalaba is a great project. The mining risk has been taken away, its simple stockpile processing and with the cash this will bring, will help open up what is a huge copper asset, just waiting for decent exploration attention. With Ortac's strong geological team there to support Zamsort, Ortac is one of the few AIM plays that has a real opportunity to secure cash earnings in the near term. Shares in Ortac rose 88% on this news.

RNS is below


Ortac Resources Ltd., the AIM listed exploration and mine development company, is pleased to announce that Zamsort Limited ("Zamsort"), a company in which Ortac has acquired secured convertible loan notes, has raised a further US$2 million from Kopara Investments Limited ('Kopara'). 

This investment into Zamsort takes Kopara's interest in the share capital of Zamsort to 20% and extends the right for Kopara to appoint a director to the board of Zamsort, to represent its interests. 

Vassilios Carellas, Ortac CEO, commented: "Kopara's investment is an endorsement of the quality and potential of Zamsort's licenses and stands in stark contrast to the prevailing market. It provides further support for Ortac's US$1.2 million investment into Zamsort loan notes, which if converted will provide Ortac with a 19.35% interest in the share capital of that company. 

"Over the last six months, Zamsort has raised US$3.2 million in order to develop its licenses located in the copper belt. Zamsort is now better positioned to rapidly proceed with the development of a mining operation at its Kalaba deposit and commence initial exploration activities in the rest of its exploration license."

Thursday 17 September 2015

Blaschak Coal Corp, BIG Expansion in US Anthracite Sector, Two New Mines Announced.

MAHANOY CITY, Pa., Sept. 16, 2015 (GLOBE NEWSWIRE) -- Blaschak Coal Corp − a company engaged in the mining, processing and distribution of anthracite coal in Pennsylvania, and one of the country's top anthracite producers – announced today that it is expanding mining activities into two new locations in the anthracite coal measures of Northeastern Pennsylvania. The addition of the two new locations means increased coal reserves for the company, additional capacity to produce run of mine coal at favorable mine ratios and operating costs, and critical flexibility to optimize production for quality assurance and cost of production.
Blaschak has executed a long-term lease to mine a significant reserve in the Mt. Carmel area of Columbia County, PA. The company will relocate a Marion 7450 Dragline to this location, as well as acquire a fleet of equipment to move into full operation on this site by the end of 2015. The second location is in the Eastern coal measures near Hazleton, PA. Blaschak is currently mining in this location with a Manitowic 4600 Dragline. First coal production from this site occurred in August of 2015.
The additional capacity will permit the company flexibility in operations, giving Blaschak five active mine locations containing high quality reserves. The reserve additions are expected to add as much as three million tons of clean coal.
The expansion coincides with release of a study suggesting that the carbon footprint of anthracite is smaller than that of traditional metallurgical coke.
"The expanded mining operations reflect our strategic belief in the value of anthracite in existing and emerging market applications," said Greg Driscoll, president and CEO of Blaschak Coal Corp. "We're excited to increase our mining capacity, extending the environmental benefits afforded by our re-mining and reclamation, and providing confirmation of our belief that Pennsylvania anthracite has favorable environmental impacts when used in place of alternatives in domestic steelmaking."
The study, prepared by Dr. Harold Schobert of Schobert International LLC, compared the carbon footprints of using traditional metallurgical coke relative to using Pennsylvania-produced anthracite as a fuel and reducing agent in U. S. domestic steelmaking operations.
The study confirmed that the use of Pennsylvania anthracite over metallurgical coke significantly reduces carbon dioxide emissions, thereby minimizing the amount of greenhouse gases emitted into the atmosphere. In fact, replacing coke with anthracite in a single Electric Arc Furnace can reduce carbon dioxide by as much as 95,000 tons – the equivalent carbon footprint of 2,000 households, or 11,000 motor vehicles.
"We're proud to produce only the cleanest burning coal," said Driscoll. "With the addition of these reserves in the new mining locations, we can quickly and efficiently provide clean, Pennsylvania anthracite for customers around the world."
About Blaschak Coal Corp.
Blaschak Coal Corp. (www.blaschakcoal.com) is a miner, preparer and marketer of Pennsylvania anthracite. Blaschak is a market leader and one of the few fully integrated U.S. anthracite companies with a large reserve base, multiple mines and preparation plants, a bagging plant, both rail and truck loading facilities, and extensive marketing operations serving a wide range of end markets, including home heating, steel and water filtration.
- See more at: http://globenewswire.com/news-release/2015/09/16/768769/10149499/en/Anthracite-Proves-Its-Staying-Power.html#sthash.ezXqTHW9.dpuf

Thursday 22 January 2015

Ariana Resources (AIM:AAU) Fantastic Update to Shareholders

Ariana Resources (AIM:AAU) the near term Turkish gold mining company, today posted a fantastic letter to shareholders. Details are listed below
If anybody needed reminding of just what a good investment prospect Ariana is then please read the letter below carefully.
But just one reminder. The all in cash per ounce production costs of gold at the near term Kiziltepe Mine are circa $600 per pounce.
That means had Kiziltepe been in production for the last 12 months where the price of gold has averaged $1,240 per ounce
would have meant Ariana / Kiziltepe would have enjoyed a cash cost average operating
of circa $641 per ounce over the period. The prognosis for the gold price remains bullish 
as market uncertainty continues. 
 
 LETTER TO SHAREHOLDERS 
 
   Ariana Resources plc ("Ariana" or "the Company"), the gold exploration 
and development company focused on Turkey, is pleased to announce an 
open letter to shareholders, which will be posted today on the Company's 
website at www.arianaresources.com. 
 
   Dear Shareholder, 
 
   As we progress into 2015, I would like to take this opportunity to 
discuss the advances made by the Company towards production in Turkey 
and also to reflect on 2014, which, despite the challenging conditions 
prevailing in the market, was a year of significant development for 
Ariana. 
 
   Amongst the significant milestones achieved during the year were the 
following: 
 
 
   -- EIA approval: By the end of 2013 we had successfully completed the 
      permitting required by the Turkish Ministry of Environment and Urban 
      Planning as part of the Environmental Impact Assessment ("EIA") reporting 
      process. 
 
   -- 20-year licence extension:  Successful completion of the EIA enabled us 
      to apply for a 20-year extension to our primary operating licence, which 
      we were granted in April. 
 
   -- Tax incentives:  An application to the Ministry of Economy for a series 
      of tax incentives and other government support mechanisms was also 
      approved in June.  These incentives amount to an immediate US$2.2 million 
      saving over the eight-year life of the mine. 
 
   -- Bank loan for mine construction:  On obtaining these incentives from the 
      Turkish Government, we successfully finalised arrangements with a Turkish 
      bank, Turkiye Finans Katilim Bankasi A.S., to provide a US$33 million 
      debt facility to fund the development of the Kiziltepe mine. 
 
   -- Surface rights obtained: 100% of the land rights were also purchased over 
      our primary Reserve at Kiziltepe 
 
 
   We are now on the cusp of moving into mine construction at Kiziltepe as 
we await the delivery of the final permit for access to government-owned 
land, which in our case relates to an area of forest.  We are also 
mindful of the frustration our shareholders may have felt concerning the 
time taken for this final component to be signed off and for 
construction to commence.  Whilst it has not been easy to estimate 
timescales in this regard, it is important to appreciate that with our 
mine finance facility now in place, such permitting is very much viewed 
as a procedural process, rather than an area of undue uncertainty for 
the Company or its stakeholders. 
 
   In a recent development, we are now most encouraged to begin 2015 in the 
knowledge that several revisions to the Turkish Mining Law have been 
submitted to the Turkish parliament and are currently with the 
Parliamentary Commission.  We expect that these revisions, once accepted, 
will help to catalyse the permitting process for the mining sector in 
the near term. 
 
   Enhancing our Resource Base 
 
   As we move nearer to mine construction and production, we are also 
mindful of the fact that going forward, a key area of value enhancement 
for the Company will be our ability to build on and expand the size and 
scale of the mineable resource at Kiziltepe through our on-going 
exploration in and around the Red Rabbit Project.  The results of these 
efforts to date have been announced during the course of the past year 
and point to considerable additional resource potential.  In particular, 
we see immediate along-strike and down-plunge resource potential at 
Kiziltepe, in addition to resource growth opportunities at several 
prospects such as Kizilcukur and Kepez.  Once the Kiziltepe mine becomes 
operational, we expect to convert this potential into further mineable 
reserves, enhancing mine life as well as the long-term economics of the 
mine.  We have now advanced certain exploration targets in the vicinity 
of Kiziltepe to the point of drill-testing and will be looking to 
progress to the drilling stage. 
 
   Ardala-Salinbas Project Developments 
 
   Outside of our operations in western Turkey we continue to advance our 
exciting Ardala-Salinbas JV project with Eldorado Gold Corp. 
Shareholders will be aware that this joint venture is fully funded by 
Eldorado and whilst Ariana continues to retain a 49% stake in the 
project under the terms of the original JV, we also maintain a 
free-carry to the feasibility study stage.  Over the life of the JV, 
Eldorado has spent approximately $7M for almost 19,000 metres drilled, 
and we have identified a gross Indicated and Inferred JORC resource of 
over 1.1 million oz gold equivalent, with approximately 569,000 of this 
net attributable to Ariana. 
 
   We indicated in November last year that it was our intention to 
explicitly demonstrate the value of this project to the market and we 
have since been working with Eldorado to define several parameters 
required for a scoping level assessment of the project.  Independent 
reviews of geological, metallurgical and mining data were completed and 
the JV is now in the process of compiling this data as part of an 
internal scoping study which will be used to gauge the potential value 
of the project. 
 
   Tigris Resources IPO 
 
   We are also very pleased to see that Tigris Resources Ltd is continuing 
to progress towards an IPO on the TSX-V following a capital pool 
transaction with Kirkcaldy Capital Corp. and an associated fundraising 
of C$1.3 million.  Significantly, this transaction was supported by 
Sprott Global Resource Investments Ltd.  Ariana currently holds 1.75 
million shares in Tigris, which will be rebranded as Royal Road Minerals 
Ltd. 
 
   Special Thanks 
 
   On a more personal note, I would like to express my greatest 
appreciation to my father and our founding General Manager in Turkey, 
Erhan Sener, who as of year-end 2014 has retired from a full-time role 
within the Company.  In late 2003, Erhan was instrumental in the 
establishment of Ariana's operations in Turkey; as General Manager he 
brought to bear his considerable experience and expertise of the Turkish 
business sector on the way we managed our operations.  Erhan will now be 
replaced by Fatma Yildiz, who was our licence manager and has a strong 
background in mining engineering.  We welcome Fatma to her new role and 
wish her much success.  Meanwhile, Erhan will continue with the Company 
in a part-time consulting capacity. 
 
   Moving in to 2015 
 
   We are encouraged to note the resilience and renewed strength in the 
gold price of late.  Whilst the gold market and demand for physical gold 
in Turkey has continued to remain robust throughout the down-cycle of 
the last three years, a more positive global gold price environment can 
only enhance overall sector sentiment.  Importantly, production costs in 
Turkey have remained amongst the lowest in the world and the recent 
reduction in energy costs will further reduce operational costs in the 
country.  Considering our Kiziltepe feasibility study was completed at a 
time when a barrel of oil was approximately $100, the current price 
environment, if sustained, will make a considerable positive impact on 
the economics of our operation, which has a current forecast operating 
cost of $600/oz. 
 
   Whilst considerable advances have been made during the course of 2014, 
we are acutely aware that the Company remains valued by the Market at 
approximately GBP5.5 million at the current share price.  In contrast, 
internal estimates of the value of our assets and the resource ounces 
currently attributable to the Company (based on the comparable 
transaction methodology), provides hope that the Market value will 
eventually begin to converge with the combined valuation of our assets, 
as sentiment towards the sector improves once more. 
 
   2015 is set to be a transformational year for Ariana Resources, as we 
move towards mine development, leading to maiden production and revenues 
at Kiziltepe, in addition to the numerous positive developments and 
expected news flow as outlined above.  We believe it would be hard for 
the market to overlook these positive developments and we will ensure 
that the Market is aware of the significance of our news in this regard. 
We look forward to updating shareholders on our developments at this 
exciting time for Ariana. 
 
   Yours faithfully, 
 
   Dr. Kerim Sener 
 
   Managing Director 

Monday 1 December 2014

Atlantic Coal (ATC.LN) Expects US Domestic Anthracite Prices to Head North as Ukraine Coalfield Crisis Now Confirmed & Exports Stop

For some time I have been reporting about the potential impact of the conflict underway in eastern Ukraine on the anthracite coal market. From reports that are now emerging, it's becoming clearer that rebel separatist forces are now firmly in control of Ukraine's eastern coalfields and indeed their anthracite production. The major player in the anthracite market in Ukraine is DTEK (http://www.dtek.com/en/home) which is a parastatal integrated anthracite mining and power generation company. DTEK have reportedly been importing anthracite from as far afield as South Africa. Ukraine's power stations are configured to use anthracite and with lack of supply, there is a real danger that the country could suffer power outages as winter approaches.

http://www.reuters.com/article/2014/11/26/us-ukraine-crisis-coal-idUSKCN0JA19T20141126

Unlike other forms of coals, anthracite prices are not quoted on a recognised price exchange and so pricing is not transparent. UK AIM Listed Atlantic Coal, one of a few public listed anthracite mining companies does via its requirements as a public company report on US prices, given its main and only production comes from its Pennsylvania located Stockton Mine. Prices in the US for domestic sales generally hover between $130 to $160 per ton and where pricing is often negotiated based on market feel, rather than from a quoted index, however, anthracite has historically traded at a premium to the private price exchange company and port quotes such as FOB Richards Bay, FOB Rotterdam etc obtained and published by Global Coal, IHS McCloskey, International Energy Agency , London Commodity Brokers Ltd, Marex Spectron, Platts, Argus Media & Wood Mackenzie.

The historic price premium of anthracite lump over the price of other thermal lump coals has been circa $130 per ton. So by examining the Chicago Mercantile Exchange futures contracts for a Coal Futures Quote for January 2015, the price is $53.10 per ton. Essentially that would see US anthracite potentially trade at approximately $183 per ton. By no means is this pricing prediction for anthracite in the US an exact science. 

What we do know for certain is that Ukraine and Russian anthracite exports to the US have collapsed. Historically circa 160,000 to 170,000 tons of anthracite from Ukraine landed in the US each year. So far in 2014 up to July, Ukraine had shipped 83,466 tons of anthracite and astonishingly even with trade sanctions the Russian's had managed to land 25,000 tons into the US. We know for certain that these shipments have now stopped. The US market produces circa 1.9 million tons of saleable anthracite annually. The price of Ukraine anthracite landed in the US has typically been priced at around $85 per ton and had a pretty significant impact on driving and dampening prices of anthracite in the US market. Now that these shipments have stopped, which have accounted for approximately 9% of the total US production, it is fair to say that US anthracite prices should head north by 10% which makes my prediction of $183 per ton for US anthracite look very realistic.

For Atlantic Coal, this changing geo-political situation is working in their favour as it is with the rest of the US market. Atlantic Coal has been re-equipping its mine with new earthmoving equipment and with fuel, its biggest direct operational cost now coming down, the company is heading into 2015 in the best shape of its life. I would estimate that total cash costs per ton would be circa $100 so plenty of price margin with improving anthracite prices.

ATC shares are trading at 0.0013p and in my opinion are incredibly cheap given the lower idiosyncratic risks the company faces and the improving price market for anthracite.



Friday 3 October 2014

Turkish Mining Sector Recent Transaction & Permit News is Exciting Investors


The Turkish mining sector has been growing steadily over the past ten years experiencing average year on year growth of 11%. The election of President Erdoğan on the 10th August this year provides certainty over the political direction of the country that has witnessed decent GDP growth of 5.2% each year on average between 2002 and 2011 and 4% growth in 2013.

Turkey is Europe’s largest gold producer. In 2013 the country produced 33.5 tonnes of gold, from 7 producing mines and by 2015 is looking to take production to 50 tons annually with more mines coming into production. The Turkish authorities are pro mining and recent events are supporting that view.
 


http://www.invest.gov.tr/en-US/infocenter/
publications/Documents/MINING.INDUSTRY.PDF

Turkey has seen decent year on year growth and earnings from its mining activities. Turkey wants to increase gold production to 50 tons annually by 2015. Permitting new gold mines and expansion projects is critical to achieving that objective.





Source: Turkish Gold Miners Association




Some investors are nervous about Turkey when it comes to the mining sector and often when it’s a junior miner, they think the transfer of discovered value in the ground to value back to shareholders is paved with difficulties. Permitting is one of the concerns that most worries investors.

Might I shed some light on three recent events that indicate to me at least why investors uncertain about Turkey’s mining sector should think about softening their approach.

Lets look at Australian listed Chesser Resources (CHZ:ASX) a 31 million USD market cap Australian based gold exploration company that have been developing the Kestanelik gold exploration project in western Turkey. The company acquired the prospect in 2009 and set about undertaking a drill campaign that eventually led in 2011 to the company securing a JORC compliant resource of 703,000 ozs of gold with decent sets of grades near surface, some as high as 28 g/t Au and with most targets hitting well over 5 g/t Au.

On the 3rd September Chesser announced to the market that a Turkish group, Nurol Holdings had placed an offer to Chesser to purchase Kestanelik for $40 million USD in cash and where the deal would give Chesser shareholders a cash return of A$0.15 per share. Chesser’s share price closed Friday at A$0.15 and so if the deal goes through, it would provide its shareholders with a huge premium. In fact Chesser’s market cap in itself is only $31 million, this deal would double the value. It’s a good deal for both parties, as Chesser gets the value now and Nurol benefit by buying 703,000 ounces of gold for an in the ground price of $57 per ounce.


What this deal does mean to investors is this.

1, That a Turkish industrial group like Nurol, is confident that it can take this project from its discovered stage to production stage and that means navigating permitting, financing and all the other hurdles that have to be overcome to enable the company to realize the true value of its investment. It essentially means that Nurol is confident that the regulatory, political, financial and importantly local stakeholder support is there for this project to be turned into a mine.

2, For investors it means that an exploration stage company in Turkey, that discovers, delineates and develops a good high quality gold play, has an exit strategy that can deliver decent returns to shareholders.

I have no doubt that Chesser shareholders will vote in favour of the deal, why wouldn’t they? After all they have two other projects in Turkey that they can now fund with the proceeds from this sale and bring into production if they want to.



So I hope this transaction eases some concerns about Turkish gold exploration and what it can mean for an investor.


Now onto Eldorado Gold (ELD:TSX) the Canadian listed gold mining company. Eldorado is a strong investor in Turkey and is currently mining gold from its flagship open pit Kişladağ mine in the west of the country. No stranger to permitting Eldorado first identified the Kişladağ ore body back in 1997 and has taken the project all the way through exploration, construction to mining and processing. Kişladağ is a big footprint mine with a big environmental footprint too.

















The important piece of news associated with this story came out on the 26th June when Eldorado announced that it had secured Environmental Impact Assessment approval for the expansion of Kişladağ from its current 12.5 million tonnes per annum to a maximum of 35.0 million tonnes per annum, more than nearly trebling the operation.  This is a big expansion and where the company would naturally have to have had updated forestry permit approvals for the expansion.
What this signals, is that the Turkish Ministry of Environment and Urbanisation clearly remains supportive of mining operations and it would seem aligned to the fact that Turkey’s economic development of the mining sector, and in particular gold, is clearly motivated to permit to help grow output and meet its own growth targets.

For UK Investors, the story here is London listed Ariana Resources (AAU:AIM). The company is fully funded for the development of the Red Rabbit Project and its first mine at the Kiziltepe Gold-Silver sector of the project. Ariana recently secured 100% surface exploitation rights to the Arzu South target. Clearly, this means that the locals who have assigned these rights to Ariana are supportive of the development of Red Rabbit and the bringing into production of Kiziltepe. Ariana is only awaiting some final permits before proceeding into mine development. Given the recent market indicators and the ambition of the Turkish government to grow the economy and the mining sector, why would investors choose to be cautious about Ariana?

On a final point, what is more interesting is making the resource comparison, valuation analysis and strategic position Ariana now have in Turkey. For example, Ariana has a joint venture project with Eldorado on the Salinbaş and Ardala gold project where 49% of the project is held by Ariana. Excluding the Ardala extension Salinbaş on its own is a JORC compliant resource of 770,000 oz Inferred and Indicated, the grade is 2.3 g/t Au plus 12.1 g/t Ag.  Approx. 23% of resource is Indicated. Compare that to Chesser’s Kestanelik resource which has 703,000 ounces in the Inferred and Indicated category. The grade 2.15 g/t Au plus 1.9 g/t Ag.  Approx. 26% of resource is Indicated.

At the moment, the market is not just undervaluing Ariana in terms of its proximity to entering production, it is failing to properly value its other assets such as Salinbaş, where if you compare that project on the same valuation matrix as Chesser’s Kestanelik project, it would value Ariana’s stake in the Eldorado- Salinbaş extension only and not including Ardala at $20 million alone and where Salinbaş has a better grade and a larger deposit with the Ardala upside………Astonishing
To add more to this story, Ariana’s chairman Michael de Villiers purchased another 1,000,000 ordinary shares taking his stake in the company to 2.02%, another real sign of the confidence surrounding Ariana at the moment.


Tuesday 5 August 2014

Lithium Sector......Why Investing in REM and BCN Makes Sense

When BMW start making cars that look as sexy as the i3 powered by a lightweight lithium battery, you just have to take the electric vehicle business seriously. For someone who has spent over 20 years investing and working in the natural resources sector, making the connection between supply and demand is the cornerstone of investment thinking when picking which commodity to back.

That is why I am backing lithium. Nissan have broken the back of this market, the leaf is the biggest selling highway capable electric car selling over 50,000 units worldwide and has helped spur demand for lithium in the automotive sector.

I have some personal experience of how technology changes the market in the automotive market. Back in the late 1960's and early 1970's my father was developing catalytic converters and was awarded a US, Japanese and British patent for the use of ceramics in catalytic converters in the 1970's, going on to sell the business he created. He had a vision to make cars clean, he made a lot of money and became very very wealthy off the back of that vision. 

Over 40 years on, many more people will make millions out of the paradigm shift that is happening in the automotive sector. The vision today is to create vehicles that are less dependant on hydrocarbons for propulsion........its as simple as that and those that will make millions will be those investing, developing and selling materials that sit at the heart of the value chain of this electric vehicle market revolution.

In the same way catalytic converters realised the vision for smoke free emitting cars. Hybrid electric and full electric vehicles are realising a vision for green fossil fuel free transportation.

Don't get me wrong as long as we can find oil and make petrol, the market for traditional combustion engines will always be there, but the revolution in lithium demand is here to stay.

In the same way catalytic converters drove demand for platinum and other speciality metals and components, the electric vehicle market is driving demand for lithium and rare earths.

The platinum industry has much to thank green minded politicians and innovators like my father for and the lithium mining sector will have much to thank companies like BMW for who are now taking the electric vehicle market to a new upmarket and mass market customer base.

Its a no brainer. Just look at the list of cars below being developed using battery component technology, then just think of the impact on lithium demand. 

If you want some evidence of why the lithium market is THE place to be at the moment, then take a look at Western Lithium WLC:TOR, the shares are up 351% so far this year.

If you are in the UK and want to invest in London quoted lithium play you can really only invest in Rare Earth Minerals REM:AIM and the recent AIM listed Bacanora Minerals BCN:AIM.

Rare Earth Minerals have a 30% interest in the Suaz Lithium project in Mexico which looks very promising. REM also have 5.45% stake in Bacanora who in turn have significant lithium projects under development in Mexico.

The automotive sector is the BIG BIG driver of lithium demand.......evidence of that demand is listed below. But finally

Its BMW..........When the Germans get involved in electric vehicles, you know the market is about to take off..........and so will Lithium stocks. I always back the German's to score and that is why you should back lithium to score some goals in your investment portfolio.


Full-sized cars

Cars and utility trucks of normal size and capable of 100 km/h (62 mph) highway speed that are currently available.

  • Bolloré Bluecar operates as part of the Autolib' carsharing in Paris that began service to the general public in December 2011. The Bluecar was the top selling highway-capable electric car in France in 2012.
  • BMW i3 - Retail sales began in Europe in November 2013. The electric car is available with an optional gasoline-powered range extender that increases the range from 130 to 160 km (80 to 100 mi) to 240 to 300 km (150 to 190 mi). The U.S. release is scheduled for the second quarter of 2014.
  • Chevrolet Spark EV - The Spark EV was released in the U.S. in selected markets in California and Oregon in June 2013. GM also plans to sell the Spark EV in limited quantities in Canada, South Korea and select European markets.
  • Fiat 500e - Deliveries began in California in July 2013.
  • Ford Focus Electric - U.S. Deliveries for fleet customers began in December 2011 and to retail customers in May 2012.
  • Honda Fit EV - Production will be limited to only 1,100 units over the first three years. Deliveries to retail customers in the U.S. began in July 2012 and availability is limited to California and Oregon.
  • Kandi Technologies KD5011 - Pure EV, currently in production and sales in China. Nine other EV models by the manufacturer approved for sale in China.
  • Mitsubishi i MiEV, launch in 2009, is available Asia, Europe and the Americas, lithium-ion battery pack with 130 kilometres (80 mi) range, and a top speed of 130 kilometres per hour (80 mph). The i MiEV was the first electric car to sell more than 10,000 units, including the models badged in Europe as Citroën C-Zero and Peugeot iOn. According to Guinness World Records, the record was reached on February 2011, but several months later, the Nissan Leaf overtook the i MiEV as the best selling all-electric car.
  • Nissan Leaf introduced in the United States and Japan in December 2010, followed by several European countries throughout 2011 and 2012. and available in in 35 countries as of January 2014. The Leaf is the world's top selling highway-capable all-electric car ever, with global sales of over 100,000 units by mid January 2014, capturing a 45% market share of worldwide pure electric vehicles sold since 2010.
  • Renault Fluence ZE, introduced in Israel in 2011 and to be introduced worldwide in 2012.
  • Renault Zoe, retail customer deliveries began in limited number in France in December 2012. With cumulative sales of 4,442 units through September 2013, the Zoe is the top selling all-electric car in France accounting for registrations since 2010.
  • Smart ED, available for leasing in the United States since early 2011. Originally converted by Zytek from 100 Smart Fortwos. Now on sale the third generation in the U.S. and Europe.
  • Tesla Model S, deliveries of the 85  kW·h premium limited edition model in the U.S. began in June 2012. Since its introduction, cumulative sales in North America reached 12,700 units through June 2013, with most units delivered in the U.S.
  • Wheego Whip LiFe, sales began in the U.S. in April 2011. A total of 34 units have been sold by March 2012.

Microcars

Aixam e City & e Coupé

Low-speed vehicles

These vehicles have a top speed less than many highway speeds, and may not be street-legal without restrictions. They are known as quadricycles in Europe and asNeighborhood Electric Vehicles (NEVs) in the US.

  • Renault Twizy Z.E.; a two-seat electric car with a 4 or 13 kilowatts (5.4 or 17.4 hp) electric motor. Top speed is 80  km/h and range is up to 100 km. Launched in Europe in March 2012, became the top selling plug-in electric vehicle in Europe during the first half of 2012 with more than 6,000 units sold in just three months on the market.
  • Columbia ParCar Corp <http://www.parcar.com
  • CityEl three-wheeled EV, produced in Germany.
  • citEcar produced by Road Rat Motors in Gainesville, Florida <http://www.RoadRatMotors.com> with vehicles ranging from 2 to 29 passengers.
  • Dynasty EV a neighborhood electric vehicle
  • Organic Transit ELF a pedal-assisted, electric, velomobile of "tadpole" format. <http://www.organictransit.com/> Manufactured in Durham, North Carolina, USA.
  • EuAuto Mycar manufactured in Southern China, sold in Hong Kong, limited to roads with speed limit at or below 50  km/h
  • Global Electric Motorcars, LLC (GEM) quite common in California.
  • Kenguru - pronounced "kangaroo" is a 4-wheeled 1-person electric vehicle designed for disabled use: with no seat, drivers drive from their wheelchairs, and enter/exit from the rear door (the only door). The maximum speed of the Kenguru is 45  km/h. Steering is via motorcycle-style handlebar or joystick and a 5-inch-diameter steering wheel in a future model. It is designed by Hungary-based company Kenguru Car Ltd, and is currently manufactured in USA by Community Cars, after Kenguru Car Ltd stopped manufacturing the car.
  • Mahindra e2o, launched in the Indian market in March 2013.,[ range of 100 km (62 mi) and a top speed of 80 km/h (50 mph).
  • Miles Electric Vehicles LSVs for fleet and neighborhood use
  • Oka NEV ZEV Low Speed Electric Vehicle made in Russia, sold in USA.
  • Open Since the beginning of this year also sold in Japan as Girasole, with higher speed and wider range as the Open.
  • Star EV a specialist in golf carts who also offers a wide selection of electric vehicles ranging from 2 to 14 passengers. Made by Suzhou Eagle Electric Vehicle Manufacturing Co.,Ltd. in China (www.eagleelectricvehicle.com)
  • Twike three-wheeled EV with pedal assist option. Produced in Germany.
  • Miles XS500 Electric Vehicle Production Electric Vehicle from Miles Electric Vehicles.

Demonstration fleets

Hyundai BlueOn

  • Mini E from BMW, with more than 500 cars leased for field testing in the U.S., the U.K., Germany, and France.
  • BMW ActiveE Field testing in the U.S. began in January 2012, after the Mini E trial ended.Available only in select markets.
  • Toyota eQ/Scion iQ EV - Toyota announced that the iQ EV/eQ production would be still more limited, to about 100 units for special fleet use in Japan and the U.S. only.The first 30 units were delivered to the University of California, Irvine in March 2013 for use in its Zero Emission Vehicle-Network Enabled Transport (ZEV-NET) carsharingfleet. Toyota announced that 90 out of the 100 vehicles produced globally will be placed in American carsharing demonstration projects.

Cars planned for production

Alpha LUJO Electric Vehicle Pty Ltd has a my EV 118 model and is an Australian company with production in China early 2011.

One of the earlier version have passed EEC crash test in early May 2010.
  • Colmach type 1 - Roadster / stainless steel / In development, to be manufactured in Southern California.
  • Callidai Car - A car created by Callidai Motor Works, Chennai, India for wheelchair users - to drive while seated on their wheelchair. This is a Battery powered car and can seat one more passenger besides the driver. Has a maximum speed of 30 Kmph and has a retractable, motorised ramp in the rear to permit entry and exit of driver and passenger. There is a first prototype which will be field tested by a customer. The second and final prototype with better performance should be available in the market in 2013. The price is expected to be about Rs. 3.50 lakhs ex-Chennai.
  • EDay. An Australian designed electric car to be built in China and released in 2012, for less than $10,000
  • Electrovaya plans to sell the Maya 300 a full electric car in Canada and USA by Summer 2009
  • Hybrid Technologies
    • LiV DASH
    • AFS Trinity hybrid prototype is a modified Saturn Vue, estimated cost $33,000-40,000.
  • Hyundai BlueOn will be launched in South Korea late in 2012, with just 2,500 units.
  • Lightning Car Company is currently developing its eponymous Lightning based on a pre-existing internal combustion-powered sports car, and plans to use NanoSafe cells and Hi-Pa Drive in-wheel motors.
  • Mass-EV is developing in Reading, UK by Turbo Electric Ltd. This car is targeted to be on sale 2011 at a price of £7,000 to the public and charges directly from the UK socket. Roughly the size of a Ford Focus C-Max, will do in excess of 100 miles and motorway speeds. With trailer generator was projected to travel in excess of 500 miles on one tank of petrol.
  • Phoenix Motorcars based in Ontario, California, plans to build both a mid-sized SUV and an SUT (Sports Utility Truck) with 130-mile (210 km) range for $45,000 using NanoSafe batteries from Altairnano. 500 cars are planned for delivery in early 2008 to fleet customers. A consumer version is planned for release in late 2008. Over 250-mile (400 km) range version also in development.
  • Rimac Concept One
  • Quimera GT car - scheduled for release in 2012, the first all-electric gt racing car. The car has a top speed of 300  km/h.
  • SIM-Drive - SIM-LEI and SIM-WIL prototypes, 4-seater planned for 2013
  • Subaru Stella Electric Vehicle - Deliveries beginning in Japan in July 2009.
  • Switch Vehicles planned for 2012 delivery as a kit car. Three-wheeled four-seater. Estimated cost $15,000.
  • Tesla Model X - Production was initially scheduled to start by the end of 2013, but later was postponed to commence by late 2014 in order to focus "on a commitment to bring profitability to the company in 2013" and also to achieve their production target of 20,000 Model S cars in 2013.
  • Tesla expects small number deliveries at the end of 2014 with volume production planned for 2015.
  • Veeco RT, a 2 seater reverse trike, planned for 2013 production. Developed in Portugal as a partnership between manufacturer "VE—Fabricação de Veículos de Tracção Eléctrica, Lda. " and the Lisbon Engineering Institute (ISEL).
  • VentureOne Trike with hybrid and EV options. Three-wheeled vehicle registered as a motorcycle in the USA. Not required to be FMVSS tested.
  • Venturi Fétish marketed as the world's first electric sports two-seater. Monaco
  • Volkswagen e-Golf - Retail deliveries in Germany are scheduled to being in the second quarter of 2014.