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Lithium News

Chile squeezing water rights for copper, lithium miners in north

By: Bloomberg     21st February 2019 In a belated response to falling fresh-water levels in desert areas, Chile is moving to protect a natural resource that has been depleted after decades of mining activity. With complaints from local communities rising and the effects of climate change worsening, the world’s largest copper... 

Albemarle bullish on lithium outlook after Q4 profit

By: Reuters     20th February 2019 Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries. The forecast for sales growth of up to 14%... 

Argentina to share lithium geological information with India, promote JVs for projects

By: Ajoy K Das     20th February 2019 Argentina has offered to share lithium geological information for exploration with India as it aims to promote government-backed joint venture (JV) mining projects in the Latin American nation. The Geological and Mining Survey of Argentina would share geological information with its Indian... 

Far discovers new pegmatite dykes at Manitoba project

By: Creamer Media Reporter      19th February 2019 Canadian junior Far Resources has discovered five new pegmatite dykes at its Zoro lithium project, near Snow Lake, in Manitoba. This brings the total number of mineralised pegmatites discovered so far at Zoro to 13, covering at least a third of the 3 005 ha property. Each of the five new dykes... 

Livent seeks arbitration as Nemaska terminates supply agreement

By: Mariaan Webb     19th February 2019 Quebec junior Nemaska Lithium has terminated its multi-year supply agreement with Livent, prompting the NYSE-listed company to announce that it would “enforce its rights” and resume its arbitration. Nemaska was supposed to start supplying lithium carbonate to Livent in April this year, at a rate... 

Lithium hopeful Far secures C$12m facility from Alumina Partners

By: Tasneem Bulbulia     18th February 2019 Canadian lithium hopeful Far Resources has secured up to C$12-million from New York-based private equity firm Alumina Partners to advance its exploration activities.     The company is focused on defining a lithium resource at its Zoro project, which is located in the Snow Lake region of... 

Nevada like Witwatersrand of 1970s – Bristow 

By: Martin Creamer     15th February 2019 Nevada is like the Witwatersrand of the 1970s, says new Barrick Gold president and CEO Dr Mark Bristow, whose Randgold Resources is now merged into Barrick to form the world’s biggest gold mining company, which is also an extractor of copper, a metal that Bristow sees as “another gold”. The brand... 

Nevada like Witwatersrand of 1970s – Bristow
Barrick Gold CEO Dr Mark Bristow

Keliber raises €10m in share issue

By: Creamer Media Reporter      15th February 2019 Finland’s Keliber has raised more than €10-million through directed share issues to current shareholders and personnel of the company, with the Finnish Minerals Group now the company’s largest shareholder. The share issue directed to the current shareholders of the company was oversubscribed,... 

Nico project positioned to help meet growing cobalt demand

By: Jessica Oosthuizen     15th February 2019 Development-stage mining company Fortune Minerals’ Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, is one of the few cobalt development stage projects situated outside of the Democratic Republic of Congo (DRC) that can support near-term accelerating demand for cobalt,... 

Nico project positioned to help meet growing cobalt demand
ROBIN GOAD Fortune Minerals’ Nico asset is unique, as the cobalt produced is the primary metal in the deposit and the byproducts are gold and bismuth

Premier agrees to amended terms for KME acquisition, welcomes Ministry’s financial assistance

By: Simone Liedtke     14th February 2019 The board of Aim-listed Premier African Minerals has agreed to amended terms with KME Holdings for the proposed acquisition of KME’s assets and has, in addition, agreed to terms for the acquisition of 50% of the equity in the Zimbabwe-based near-term gold producer Honey Badger Resources (HBR).... 

Lithium Australia progresses towards producing cathode powders in Europe

By: Marleny Arnoldi     14th February 2019 ASX-listed Lithium Australia has identified a metallurgical process route which may provide security for the European renewable energy industry. The company aims to produce lithium from unconventional sources, using mine waste from the Sadisdorf lithium/tin project, in Saxony.  

Liontown raises cash for lithium plays

By: Esmarie Iannucci     14th February 2019 Lithium hopeful Liontown Resources was hoping to raise up to A$7.9-million through a share placement to fast-track exploration and development activities at its Austarlian lithium projects. The ASX-listed company on Thursday said that it would undertake a one-for-five non-renounceable pro-rata... 

Nemaska needs C$375m more for Quebec mine, stock plunges

By: Mariaan Webb     14th February 2019 The share price of Quebec junior Nemaska Lithium plummeted on Wednesday as the TSX-listed company announced that it would need more money to complete the Whabouchi mine and Shawinigan electrochemical plant. Eight months into construction, the company performed a cost to completion assessment,... 

Bacanora sees busy six months ahead with Zinnwald study, Sonora financing

By: Mariaan Webb     13th February 2019 London-listed lithium exploration and development company Bacanora Lithium CEO Peter Secker said on Wednesday that the company is in for a busy six months, as it works to finalise the funding package for its Sonora project, in Mexico, and complete a feasibility study for the Zinnwald project, in... 

Livent's lithium woes in China cloud industry outlook

By: Reuters     13th February 2019 Livent on Tuesday forecast a drop in Chinese lithium sales for the year because of uncertainty about the country's electric vehicle subsidies, a worrisome sign for other producers of the key battery component. The Philadelphia-based company, among the first major global lithium producers to post... 

Neometals recycling pilot gets under way

By: Esmarie Iannucci     12th February 2019 ASX-listed Neometals has commissioned Stage 1 of its lithium-ion battery recycling pilot plant in Canada. The pilot project is intended to demonstrate Neometals’ mixed feed flowsheet, which will accommodate a variety of lithium-ion battery types from multiple sources. The plant is expected to... 

Xolobeni judgment continues to confound 

By: Martin Creamer     11th February 2019 Mining must take place with a strong focus on the interests of those who live in mining areas, says Mineral Resources Minister Gwede Mantashe, a standpoint that supports the notion that a mining right and a land right can co-exist, without pleasing one party at the expense of the other.  But the... 

Xolobeni judgment continues to confound
Mineral Resources Minister Gwede Mantashe

Bolivia picks Chinese partner for $2.3bn lithium projects

By: Reuters     7th February 2019 Bolivia has chosen a Chinese consortium to be its strategic partner on new $2.3-billion lithium projects, the government said on Wednesday, giving China a potential foothold in the country's huge untapped reserves of the prized electric battery metal. China's Xinjiang TBEA Group will hold a 49%... 

Altura raises cash for WA lithium ramp-up

By: Esmarie Iannucci     7th February 2019 Lithium producer Altura Mining is hoping to raise A$28-million through a share placement and share purchase plan (SPP) to underpin the production ramp-up at its Altura lithium project, in Western Australia. Some 184-million shares will be placed to institutional and sophisticated investors,... 

Zimbabwe lithium project wins the Mining Indaba’s Investment Battlefield competition 

By: Kim Cloete     7th February 2019 Junior mining company, Prospect Resources, has won the 2019 Mining Indaba Investment Battlefield for its lithium project located in Zimbabwe. Prospect Resources executive director Harry Greaves scooped the first prize at the Investing in African Mining Indaba, in Cape Town, after pitching the... 

Finland's Keliber investigating equity financing options for lithium project

By: Creamer Media Reporter      4th February 2019 Finland’s Keliber has appointed Carnegie Investment Bank and Nordea Bank as advisers for the equity financing for the company’s mining and lithium chemical production project. The advisers will explore different financing options, including a potential initial public offering through a listing... 

AfriTin discovers lithium occurrences at Namibia licence

By: Tasneem Bulbulia     4th February 2019 AfriTin Mining has discovered significant grades of lithium, in addition to tin, in pegmatites in the ML 133 licence, located in the Nainais area, near its Uis tin mine, in Namibia. Recent test work indicates that the most abundant lithium-bearing mineral present is petalite, with lesser... 

Lithium giant's landmark deal is big step to battery 'dream'

By: Bloomberg     4th February 2019 The country holding the world’s largest reserves of lithium says it’s one step closer to becoming a manufacturing hub for rechargeable batteries used in electric vehicles. Chile is hopeful that battery makers such as Samsung and Posco will start installing lithium processing plants in the... 

Whabouchi construction halted after cafeteria fire

By: Creamer Media Reporter      1st February 2019 Construction of the Whabouchi mining project, in the James Bay area of Quebec, was halted on Thursday, following a fire in the cafeteria of a nearby workcamp. The facility is owned and operated by an outside contractor and is located about 15 km away from Nemaska Lithium’s Whabouchi site. 

PGM-using patents abound – CPM  

By: Martin Creamer     31st January 2019 Viable patents that involve the use of platinum group metals (PGMs) should be commercialised so that PGMs become less dependent on the automotive market, says CPM Group MD and founder Jeffrey Christian. CPM’s current projections, which are similar to those in the automotive and electricity supply... 

PGM-using patents abound – CPM
CPM Group MD Jeffrey Christian talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Christo Greyling.

India to look at mining agreements during Argentine President's visit

By: Ajoy K Das     30th January 2019 India is preparing the groundwork to sign a slew of bilateral agreements with Argentina encompassing nuclear energy, and the mining of copper, lithium and cobalt during the visit of Argentine President Mauricio Marci, next month. The Argentine President will be leading a high-level business... 

Kodal granted exploration rights near its Mali lithium project

By: Marleny Arnoldi     30th January 2019 Aim-listed Kodal Minerals has gained exclusive rights to explore – and an option to acquire – two new concessions totalling 200 km2 within 25 km of the company’s Bougouni lithium project, in Mali. The new licence areas are adjacent to the Goulamina lithium project, owned by ASX-listed Birimian,... 

Deloitte outlines trends to assist miners find new strategic approach

By: Simone Liedtke     29th January 2019 To thrive amid the demands and exigencies that the Fourth Industrial Revolution (4IR) presents, mining companies will need a new strategic approach – one that considers not only the full range of industry shifts and risks, but that also provides executives with an enterprise-wide view of their... 

Deloitte outlines trends to assist miners find new strategic approach
Deloitte's eleventh edition of its 'Tracking The Trends' report was published on Tuesday.

Liontown releases study results of 360 000 t/y Pilbara lithium mine

By: Esmarie Iannucci     29th January 2019 A scoping study has estimated that the Kathleen Valley lithium project, in Western Australia, could produce some 360 000 t/y of spodumeme concentrate over an initial mine life of nine years. ASX-listed Liontown Resources on Tuesday revealed that the project was expected to require an investment... 

In the new lithium 'great game', Germany edges out China in Bolivia

By: Reuters     28th January 2019 When Germany signed a deal last month to help Bolivia exploit its huge lithium reserves, it hailed the venture as a deepening of economic ties with the South American country. But it also gives Germany entry into the new "Great Game", in which big powers like China are jostling across the globe... 

Chile strikes deal with lithium miner Albemarle in contract dispute

By: Reuters     25th January 2019 Chile State development agency Corfo said on Thursday it had reached a deal with the world's top lithium miner, Albemarle, to resolve a contract dispute and would not file a previously threatened arbitration lawsuit against the US-based producer. The spat centered around an amendment to the... 

Battery metals a key opportunity for Africa

By: Paige Müller     25th January 2019 A number of exploration projects are moving closer to production, following a period of significant explorative work financed by investors in the African battery metals space, says minerals exploration and evaluation consultancy firm The MSA Group principal consultant for critical metals Michael... 

Battery metals a key  opportunity for Africa
OPTIMISING POTENTIAL To attract further investment into the wealth of battery metals available in Africa, countries will need to mitigate investor risk

Firm to exhibit mining related expertise at Indaba

By: Paige Müller     25th January 2019 Long-time attendee and exhibitor at the Investment in African Mining Indaba engineering consultancy firm SRK Consulting will showcase the full range of its mining-related expertise and solutions at this year’s Indaba. “SRK will once again exhibit at the 2019 Indaba, having exhibited at all the... 

Firm to exhibit mining related expertise at Indaba
ANDREW VAN ZYL, MARCIN WERTZ AND HENNIE THEART The delegation that will lead SRK South Africa’s participation at this year’s African Mining Indaba

Galaxy ups output expectations

By: Esmarie Iannucci     24th January 2019 Lithium miner Galaxy Resources was predicting higher output in the 2019 financial year from its Mt Cattlin operation, in Western Australia, following a strong fourth quarter. Total mining volumes from the Mt Cattlin operation increased by 27% during the fourth quarter, compared with the three... 

New vehicle technology uses cobalt 

By: Martin Creamer     22nd January 2019 A promising new vehicle technology, which uses a cobalt-based catalyst, mirrors the world’s current ‘well-to-wheel’ refuelling ecosystem in being designed to allow motorists to call at conventional petrol stations to fill up with the liquid fuel from which hydrogen is extracted and then converted... 

New vehicle technology uses cobalt
Photo by Electriq-Global
Car that uses fuel consisting of mainly water converted into hydrogen and then electricity.

Zimbabwe Lithium to start DMS plant construction by Q2

By: Marleny Arnoldi     22nd January 2019 Zimbabwe Lithium Company completed bulk testwork on tailings material from its Kamativi tailings project, in Zimbabwe, during the last quarter of 2018. The testwork was completed with the help of South African national mineral research organisation Mintek.  

Maricunga could start producing lithium in 2023

By: Esmarie Iannucci     22nd January 2019 A definitive feasibility study (DFS) for the Maricunga lithium brine project, in Chile, has estimated that a capital investment of $456-million would be required to develop a 20 000 t/y lithium carbonate equivalent (LCE) project with a mine life of 20-years. ASX-listed Lithium Power... 

Core granted first lithium lease in NT

By: Esmarie Iannucci     21st January 2019 ASX-listed Core Lithium has been granted a mineral lease for the Grants deposit at its Finniss lithium project, the first ever for a lithium project in the Northern Territory. The company said that the award of the mineral lease, which is valid for a term of 20 years, was completed three months... 

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