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Lithium News

Altura loads first cargo ship

By: Esmarie Iannucci     4th October 2018 Lithium miner Altura Mining has started loading its maiden cargo of 5 000 t of spodumene concentrate at Port Hedland, bound for customers in China. The ASX-listed company said on Thursday that the final product testing of the cargo is ongoing, however, it added that the processing plant has... 

Chile weighs arbitration with top lithium producer Albemarle

By: Reuters     4th October 2018 The Chilean state agency that oversees lithium mining in the country´s Atacama salt flat will decide within a week whether to take top producer Albemarle Corp to arbitration in a contract dispute, an attorney for the agency said on Wednesday. Maria Elina Cruz, an attorney for Chile state... 

Chinese delegation to study South Africa’s mineral codes

By: Martin Creamer     2nd October 2018 South Africa’s meticulous set of mineral reporting codes has succeeded in attracting a high-ranking Chinese delegation from the Mineral Resources and Reserves Evaluation Centre of the Ministry of Land and Natural Resources (MRREC) in Beijing. South Africa’s Samcodes Standards Committee (SSC) will... 

Chinese delegation to study South Africa’s mineral codes
Photo by Creamer Media
Samcodes Standards Committee chairperson Matt Mullins

Czech approves Cinovec DFS level drilling programme

By: Creamer Media Reporter      1st October 2018 European Metal Holdings has received permission from the Czech authorities to start a comprehensive drilling campaign as part of its definitive feasibility study (DFS) for the Cinovec lithium/tin project. The drilling is aimed at converting a sufficient portion of the existing indicated mineral... 

Pilbara readies for first shipment

By: Esmarie Iannucci     1st October 2018 Lithium miner Pilbara Minerals has loaded its maiden shipment of spodumene concentrate at Port Hedland, which is expected to depart shortly to offtake partners in Asia. The company’s chartered vessel is expected to receive up to 8 800 t of spodumene concentrate, with the product being loaded... 

Albemarle eyes future as pure-play lithium market leader

By: Reuters     28th September 2018 Albemarle Corp, the world's largest lithium producer, aims to eventually end its dependence on two smaller units to fund growth as global appetite surges for electric-powered vehicles and consumer goods, its chief executive said in an interview. Tesla and other automakers have helped make... 

Foreign-backed miner hopes to begin Chilean lithium project in 2020

By: Reuters     28th September 2018 Foreign-backed Salar Blanco expects to begin construction on its lithium mining project at the beginning of 2020 in Chile's north, once its environmental permit is approved by the government. The approval process for the necessary environmental permit for the initiative, which includes an... 

Simpec awarded additional work at Talison mine

By: Mariaan Webb     27th September 2018 Engineering contractor business Simpec, part of ASX-listed WestStar Industrial, has been awarded contract scope extensions and purchase orders for A$1.8-million from MSP Engineering at the Talison mine, in Greenbushes, Western Australia. Simpec will supply and install site wide concrete... 

Neometals strengthens board ahead of demerger

By: Mariaan Webb     27th September 2018 ASX-listed Neometals has appointed Jennifer Purdie and Leslie Guthrie as nonexecutive directors to its board, bringing new skills and experience to support the firm’s integrated lithium and titanium/vanadium growth strategies. Neometals will separately list its Barrambie titanium/vanadium... 

Tawana unveils A$40m funding package from Tribeca

By: Mariaan Webb     27th September 2018 Australian lithium producer Tawana Resources gained on the ASX on Thursday, after announcing a A$40-million funding package from Tribeca Investment partners and others to advance its Bald Hill project and to facilitate the listing of Alliance Mineral Assets. The company secured a A$20-million... 

Tawana unveils A$40m funding package from Tribeca
The Bald Hill lithium and tantalum mine in Western Australia.

New Canada lithium production planned for 2020

By: Mariaan Webb     26th September 2018 The Authier lithium project in Quebec, Canada, has the potential to enter into production in 2020, producing 1.58-million tonnes a year of spodumene concentrate over 18 years, project developer Sayona Mining reported this week. Announcing the outcomes of the definitive feasibility study (DFS),... 

Savannah buys lease extending Mina do Barroso

By: Mariaan Webb     25th September 2018 Aim-quoted Savannah Resources has completed its technical and legal due diligence process with a private company Aldeia & Irmão, and executed an agreement to purchase a mining lease application covering areas of land bordering the Mina do Barroso lithium project, in northern Portugal. The Aldeia... 

Montero inks MoU with Chinese firm for lithium production

By: Creamer Media Reporter      25th September 2018 Namibia-focused Montero Mining and Exploration has entered into a nonbinding memorandum of understanding (MoU) with Jiang Xi Yun Lithium of China for joint cooperation and development of lithium production in Africa.  Jiang Xi Yun is focused on the supply of battery grade lithium products to the... 

Argentina Lithium walks away from Arizaro project

By: Mariaan Webb     21st September 2018 Vancouver-based Argentina Lithium will not be proceeding with the option agreement on the Arizaro lithium project in the Arizaro Salar in Salta province, the company announced on Friday, as it outlines a future strategy. The TSX-V-listed firm has determined that the high risk and potential... 

Savannah applies for new mining lease in Mozambique

By: Mariaan Webb     21st September 2018 London- and Frankfurt-listed Savannah Resources has lodged the last outstanding mining lease application for the Mutumba heavy mineral sands joint venture project with Rio Tinto, the company said on Friday, while also announcing its half-year results. The application has been submitted by... 

Chinese lithium giant agrees three-year pact to supply Tesla

By: Bloomberg     21st September 2018 China’s top producer of lithium, a metal used in electric-vehicle batteries, said it’s agreed a deal with Tesla Inc. to supply a fifth of its production to the vehicle maker, highlighting the push for supply pacts. Tesla will designate its battery suppliers to buy lithium-hydroxide products from... 

Premier’s shares fall as it fails to secure DFS funding from Cadence Minerals

By: Marleny Arnoldi     17th September 2018 Aim-listed Premier African Minerals’ share price on the LSE fell by more than 23% on Monday after it announced it had been unable to reach final terms with UK-based mining investment firm Cadence Minerals to fully fund a definitive feasibility study (DFS) for the Zulu lithium and tantalum... 

EIA for Maricunga lithium brine project submitted

By: Simone Liedtke     17th September 2018 ASX-listed Lithium Power International (LPI), through its joint venture (JV) company Minera Salar Blanco (MSB), has submitted the environmental impact assessment (EIA) for the Maricunga lithium brine project to the Chilean environmental authority, Servicio de Evaluación Ambiental (SEA). The... 

Pilbara starts first deliveries of spodumene and tantalite

By: Creamer Media Reporter      17th September 2018 Australian lithium producer Pilbara Minerals confirmed on Monday that its first shipment of spodumene concentrate from the Pilgangoora project would leave Port Hedland this month and said that its first shipment of tantalite concentrate had been delivered to Global Advanced Metals (GAM). MD and... 

Kidman and SQM ‘firmly committed’ to WA lithium venture

By: Mariaan Webb     17th September 2018 Joint venture (JV) partners Kidman Resources and Sociedad Quimica y Minera de Chile (SQM) have confirmed their commitment to the Mt Holland lithium project, in Western Australia, despite a recommendation that Kidman’s request to be exempt from minimum expenditure obligations over certain... 

Kidman and SQM ‘firmly committed’ to WA lithium venture

Chilean lawmakers study extra tax for copper, lithium mines

By: Reuters     14th September 2018 Chile's congress is studying a proposal for an additional royalty payment for copper and lithium miners operating in the country to bolster the development of the regions around their deposits, according to a draft seen by Reuters. The initiative, which was put forward by opposition legislators... 

Chile's lithium miner SQM asks court to reject Tianqi agreement

By: Reuters     14th September 2018 Chilean lithium miner SQM objected to the terms of a deal drawn up between the country's anti-trust regulator and the Chinese miner Tianqi which hopes to buy almost a quarter of SQM, its lawyers told the country's anti-trust court on Thursday. An attorney representing SQM told Chile’s anti-trust... 

Kidman, SQM may have to forfeit lithium mine after Australian govt ruling

By: Reuters     13th September 2018 Australia's Kidman Resources and Chilean partner SQM may lose their right to develop the Mount Holland lithium project after a recommendation by a unit of the West Australian government that regulates mining leases. Kidman had asked the Western Australia Department of Mines for an exemption to... 

Byproduct inclusion boosts US lithium project’s economics

By: Mariaan Webb     13th September 2018 The inclusion of byproducts, including quartz, feldspar and mica, has delivered “substantial economic benefits” to the north Carolina lithium project that ASX-listed Piedmont Lithium is studying in the US. An updated scoping study determined that the recovery and selling of byproducts that are... 

Ultra Lithium buys property adjacent to its Lucky Lake claim

By: Creamer Media Reporter      12th September 2018 TSX-V-listed explorer Ultra Lithium has entered into an agreement with fellow-listed International Lithium to buy the Forgan Lake lithium property, in the Thunder Bay, north-western Ontario. The Forgan Lake property, consisting of about 256 ha land in 16 units, comprises one legacy claim... 

Altura finds another $15m for lithium project

By: Esmarie Iannucci     11th September 2018 Lithium developer Altura Mining has secured an additional $15-million for its lithium project in the Pilbara, following an amendment deed with its existing loan note holders. “The additional funds will ensure the efficient ramp-up of commissioning towards nameplate capacity at the Altura lithium... 

Altura finds another $15m for lithium project

Prospect secures $10m more for Zimbabwe project

By: Esmarie Iannucci     11th September 2018 Lithium developer Prospect Resources has secured a $10-million export finance facility from the Reserve Bank of Zimbabwe, which the company said will be used to meet development costs for its Arcadia lithium mine. The facility, which was issued to Prospect’s Zimbabwean subsidiary, will have a... 

Electric cars give new life to mine excavated for nuclear power

By: Bloomberg     10th September 2018 Demand for a new generation of electric vehicles is breathing life into an Alpine mine that was originally excavated to feed an Austrian nuclear industry that never materialized. The developer of the site in Wolfsberg, European Lithium, is planning to move its primary stock listing to Austria... 

Electric cars give new life to mine excavated for nuclear power

Mina do Barroso lithium resource continues to grow

By: Mariaan Webb     10th September 2018 Aim-listed Savannah Resources on Monday announced its third mineral resource estimate for its northern Portugal lithium project in less than seven months, with the resource shooting past the 20-million-tonne mark. The mineral resource estimate of the Grandao deposit has increased by 64% to... 

Mina do Barroso lithium resource continues to grow
Savannah Resources David Archer

Tianqi Lithium says will comply with Chilean regulator on SQM investment

By: Reuters     10th September 2018 hina's Tianqi Lithium said on Saturday that it has agreed to comply with conditions set out by Chile's anti-trust regulator FNE regarding Tianqi's purchase of a stake in lithium producer SQM. In a statement, Tianqi Lithium said the decision represents an important next step in the process of... 

European Lithium raises funds to advance DFS

By: Esmarie Iannucci     7th September 2018 ASX-listed European Lithium has secured a finance facility of up to A$10-million to fast-track the completion of a definitive feasibility study (DFS) on its Wolfsberg lithium project, in Austria. “Securing the funding provides the company an opportunity to fast-track completion of the DFS with... 

Positive PEA results for Nevada lithium project

By: Tasneem Bulbulia     6th September 2018 TSX-V-listed Cypress Development has announced positive results from a preliminary economic assessment (PEA) of the company’s Clayton Valley lithium project in Nevada, US. Prepared by Colorado-based engineering services firm Global Resource Engineering, the PEA focuses on a mine producing an... 

Kodal announces maiden resource for Bougouni

By: Marleny Arnoldi     5th September 2018 Aim-listed Kodal Minerals has announced a maiden mineral resource estimate of 17.3-million tonnes, at 1.20% lithium for its Bougouni lithium project, in southern Mali. The maiden mineral resource found 17.3-million tonnes at 1.20% lithium in the inferred category.  

Kodal announces maiden resource for Bougouni
Drilling at Kodal's Bougouni lithium project, in Mali

Altura cuts the ribbon at Pilgangoora

By: Esmarie Iannucci     5th September 2018 Lithium developer Altura Mining on Wednesday officially opened its Pilgangoora lithium project, in Western Australia. MD James Brown told shareholders that the opening marked a significant event in the evolution of Altura, with the mine opened in just 18 months from the start of construction. 

Neo Lithium in talks for $490m Argentine mine venture

By: Bloomberg     5th September 2018 Neo Lithium is negotiating a $490-million deal to finance development of a mine in Argentina as the Toronto-based penny stock looks to tap a nascent lithium boom in the South American country. Shares rose. The company is in talks with would-be US, European and Asian joint-venture partners for... 

Neo Lithium in talks for $490m Argentine mine venture

Savannah lists on Frankfurt exchange

By: Mariaan Webb     4th September 2018 Aim-listed lithium project developer Savannah Resources has added secondary listing on the Frankfurt Stock Exchange to increase its investor and corporate visibility in mainland Europe. The choice of a listing in Frankfurt is significant, as Germany is one of the continents’ largest consumers of... 

Liontown delivers maiden resource at Kathleen Valley

By: Esmarie Iannucci     4th September 2018 ASX-listed junior Liontown has reported a maiden 21.2-million tonne lithium/tantalum mineral resource at its Kathleen’s Corner and Mt Mann deposits, at the Kathleen Valley project, in Western Australia. MD David Richards said on Tuesday that the delivery of a maiden mineral resource was a major... 

IronRidge strengthens management team as it transitions from explorer to developer

By: Simone Liedtke     3rd September 2018 Aim-listed IronRidge Resources continues to strengthen its management team as it transitions from explorer to developer, through securing key executives and senior managers for the next phase of the company’s project and corporate development. On Monday, CEO Vincent Mascolo committed to a further... 

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