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Lithium News

Chile okays lithium miner SQM's plan to remedy water violations

By: Reuters     8th January 2019 Chile's environmental regulator on Monday approved a $25-million compliance plan by SQM , ending a multi-year investigation by authorities that found the Chilean miner had overdrawn lithium-rich brine from the Atacama salt flat. The plan requires the world's number two producer of lithium to... 

Albemarle starts earthworks at WA lithium plant

By: Esmarie Iannucci     8th January 2019 US-based Albemarle has started earthworks at the Kemerton strategic industrial area, in Western Australia, after receiving all the required federal and state government environmental approvals for the planned Kemerton lithium hydroxide plant. “The site earthworks at Kemerton today are on track... 

Chilean lithium exports continue rise, to $949m in 2018 – central bank

By: Reuters     7th January 2019 Chile’s exports of lithium carbonate reached $949-million in 2018 compared to $686-million the previous year as demand and prices for the key component in electric vehicle batteries continues to rise, the central bank said on Monday. The value of exports of the metal from Chile reached... 

Chilean lithium exports continue rise, to $949m in 2018 – central bank

Pilbara ticks funding boxes, looks at further expansions

By: Esmarie Iannucci     3rd January 2019 Lithium producer Pilbara Minerals on Thursday revealed the details of a proposed funding package providing the balance of the funding required to expand its Pilgangoora operation from two-million tonnes a year to five-million tonnes a year. The funding package is underpinned by two of Pilbara’s... 

Pilbara ticks funding boxes, looks at further expansions
Photo by Bloomberg
Pilbara MD & CEO Ken Brinsden

Westgold negates on SilverStream deal

By: Esmarie Iannucci     2nd January 2019 ASX-listed Westgold Resources has struck a new sales agreement for its Mt Marion lithium royalties. The company in December last year entered into a conditional agreement with SilverStream to divest of its non-core lithium royalties in the Mt Marion and Buldania lithium projects for A$15-million... 

Australia flags A$122bn rebound for commodities projects

By: Bloomberg     21st December 2018 Stronger prices, a brighter longer-term demand outlook and the rise of battery metals are laying the ground for a potential revival in mining and energy projects in Australia, according to the world’s top exporter of iron ore, alumina and coking coal. The value of so-called committed projects –... 

Walkabout hikes resource at Tanzania graphite project

By: Creamer Media Reporter      20th December 2018 ASX-listed Walkabout Resources has announced an upgraded mineral resource estimate for its Lindi Jumbo graphite project, in south-eastern Tanzania, hiking the resource by 41.3%. The resource increased to 41.8-million tonnes at 10.8% total graphite content (TGC), containing 4.5-million tonnes of... 

Eramet expects Argentina lithium investment decision in H1

By: Creamer Media Reporter      20th December 2018 French multinational mining company Eramet’s lithium project in the Andean Cordillera of Salta, north-west Argentina, is entering its final preparation phase, with an investment decision less than six months away. The company is completing the technical and economic feasibility study to specify... 

Orocobre says lithium carbonate prices slump, does not see recovery soon

By: Reuters     20th December 2018 Shares in Orocobre tumbled on Thursday, dragging on other lithium producers, after it said prices it received for its lithium carbonate sank sharply this quarter, and that it did not see prospects for a strong rebound early next year. Orocobre will receive an average of $10 800/t on about 2 850... 

Kidman in talks to sell lithium to LG Chem

By: Mariaan Webb     19th December 2018 Lithium developer Kidman Mining has potentially found another buyer for lithium hydroxide production from the Mt Holland lithium project, in Western Australia. The ASX-listed company revealed on Wednesday that it had signed a memorandum of understanding (MoU) with LG Chem in terms of which it... 

Portugal sees first lithium licensing tender in 2019, wants refinery

By: Reuters     18th December 2018 Portugal expects to launch a tender for lithium exploration licences next year, the new secretary of state for energy said on Tuesday, confirming the general outlines of a plan devised under his predecessor, although with a slight delay. In September, Joao Galamba's predecessor Jorge Seguro... 

Kodal Minerals confident of making Bougouni mine decision in 2019

By: Marleny Arnoldi     14th December 2018 Aim-listed Kodal Minerals’ Bougouni project, in Mali, is progressing to its feasibility, planning and construction stages. CEO Bernard Aylward on Friday commented that 2018 had been a year of intense activity, with the company having declared a maiden resource of 17.3-million tonnes at 1.2%... 

Testing confirms coproduct potential at Mina do Barroso

By: Tasneem Bulbulia     13th December 2018 Savannah Resources, which is focused on becoming Europe’s most significant producer of lithium spodumene concentrates from its Portuguese Mina do Barroso project, has successfully produced saleable quartz and feldspar coproducts from its ongoing metallurgical test work at the project. Coproducts... 

Bacanora plans to list German subsidiary in 2019

By: Mariaan Webb     13th December 2018 Project developer Bacanora Lithium is planning a 2019 stock exchange listing for the subsidiary that holds its Zinnwald lithium deposit, in Germany. Bacanora, which is also advancing the Sonora lithium project in Mexico, said on Thursday that it had held discussions with its financial advisers... 

Bacanora plans to list German subsidiary in 2019

Cauchari feasibility study gets under way

By: Mariaan Webb     13th December 2018 Advantage Lithium, the 75% owner of the Argentina-based Cauchari joint venture with Orocobre, has appointed GHD Chile to complete early engineering geared towards completing a feasibility study by June next year. Advantage Lithium is fast-tracking the project, jumping straight to the definitive... 

Germany secures access to vast lithium deposit in Bolivia

By: Reuters     12th December 2018 Germany and Bolivia on Wednesday sealed a partnership for the industrial use of lithium, a key raw material for battery cell production, in an important step to become less dependent on Asian market leaders in the dawning age of electric cars. Interest in battery metals such as cobalt, nickel... 

Enable meaningful participation, pleads Women in Mining chair  

By: Martin Creamer     12th December 2018 The Mining Charter has significant room for improvement to enable meaningful participation of women in mining, says Women in Mining South Africa (WiMSA) chairperson Lindiwe Nakedi. Soweto-born Nakedi, who owns Gubhani Exploration – a surface exploration drilling company that is currently the only... 

Enable meaningful participation, pleads Women in Mining chair
Women in Mining chairperson and Gubhani Exploration MD Lindiwe Nakedi talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Photographs: Creamer Media Chief Photographer Dylan Slater.

Australia aims to grab ‘once-in-a-generation’ lithium-ion battery opportunity

By: Esmarie Iannucci     11th December 2018 The Association of Mining and Exploration Companies (AMEC) has welcomed a new report by federal Trade, Tourism and Investment Minister Simon Birmingham, on the lithium-ion battery value chain. “Lithium-ion battery technology has enabled the mobile device revolution and is driving innovation and... 

Australia aims to grab ‘once-in-a-generation’ lithium-ion battery opportunity

IronRidge starts aggressive lithium exploration regime in Ghana

By: Marleny Arnoldi     10th December 2018 Aim-listed IronRidge Resources has started a 3 000 m reverse circulation (RC) exploration drilling programme at the Abonko target, at the Ewoyaa lithium project, in Ghana. A 1 000 m diamond drilling programme is planned on completion of the RC drilling programme, for density, metallurgical... 

India’s new EV promotion policy focus shifts to component manufacturing

By: Ajoy K Das     10th December 2018 The second stage of the Indian government’s policy for faster adoption of electric vehicles (EVs) will see a shift from offering financial incentives for purchasing EVs, to developing domestic lithium-ion battery manufacturing capacities and vehicle charging infrastructure across the country. 

Westgold raises more cash, divests lithium royalties

By: Esmarie Iannucci     7th December 2018 ASX-listed Westgold Resources has completed a share placement, raising A$23.4-million, while also announcing plans to divest of its non-core lithium royalties for A$15-million. The company on Friday reported the placement of 26-million fully paid ordinary shares, priced at 90c each, to... 

Mariana lithium brine JV to produce 10 000 t/y – study

By: Creamer Media Reporter      7th December 2018 The Mariana lithium brine joint venture (JV) project between China’s Ganfeng Lithium and Canadian junior International Lithium has the potential to produce 10 000 t/y of lithium carbonate equivalent (LCE) and 84 000 t/y of sulphate of potash (SOP), a preliminary economic assessment (PEA) has... 

Innovate and generate cash at same time – Dassault Systèmes Geovia  

By: Martin Creamer     5th December 2018 The objectives of innovating and generating cash are not mutually incompatible and can be achieved at multiple levels simultaneously, says Dassault Systèmes Geovia Brand CEO Raoul Jacquand, who was in Johannesburg to showcase the French company’s suite of advanced three-dimensional (3D) software.... 

Innovate and generate cash at same time – Dassault Systèmes Geovia
Dassault Systèmes Geovia Brand CEO Raoul Jacquand spoke to Mining Weekly Online’s Martin Creamer on new mining technology. Video: Christo Greyling. Photogaphs: Creamer Media Chief Photographer Dylan Slater.

High risk/high reward lithium bet drives Argentina mining surge

By: Bloomberg     5th December 2018 High risk/high reward. That’s the bet being made by global lithium miners in Argentina who are brushing aside a recession, a currency crisis and political uncertainty in their hunger for the mineral that helps power electric cars. Rising demand and limited supply have resulted in lithium prices... 

Serbia's mining sector could contribute 5% of national output by 2023

By: Reuters     4th December 2018 Serbia's mining industry could expand to 5% of national output by 2023 if foreign investors keep commitments to plough millions of dollars into copper and lithium production, its Mining Minister said. The sector currently accounts for 1% of Serbia's gross domestic product. But since 2000, when a... 

Serbia's mining sector could contribute 5% of national output by 2023

Lithium, cobalt costs hinder battery-powered car sales – HSBC

By: Bloomberg     4th December 2018 High prices for lithium and cobalt will hinder sales growth in battery-powered vehicles the next few years, according to HSBC Holdings. Global market share by 2025 for fully electric vehicles will be lower than previously projected – 9.4%, compared with an earlier estimate of 10.5%, HSBC... 

Big lithium riches lure first-time miner to Bolivia’s salt flat

By: Bloomberg     4th December 2018 A small army of workers from cities and villages across Bolivia boards the buses for the last leg of a commute that can last days. The meandering, bumpy dirt roads, the thin air at high altitude, the ordeal of bringing labor into the blinding white plain of the world’s largest salt flat—all of... 

Big lithium riches lure first-time miner to Bolivia’s salt flat

Piedmont raises cash for US lithium exploration

By: Esmarie Iannucci     3rd December 2018 Lithium junior Piedmont Lithium will raise A$12.2-million through a share placement priced at 11c a share. The ASX-listed company on Monday told shareholders that it had successfully completed a book build and had received commitments for the placement of 111-million shares. 

Prospect breaks ground at Arcadia

By: Esmarie Iannucci     3rd December 2018 ASX-listed Prospect Resources has officially broken ground at the Arcadia lithium project, in Zimbabwe. A 2017 prefeasibility study estimated that the project could produce 75 000 t/y of spodumene concentrate, ramping up to 123 000 t/y and 155 000 t/y petalite concentrates and 88 000 t/y... 

Lithium markets to be oversupplied despite EV growth – Moody’s

By: Creamer Media Reporter      30th November 2018 The lithium market is expected to be in oversupply in the early 2020s, despite rapid demand growth from the electric vehicle (EV) battery industry, a new report by Moody’s Investor Services states. Lead author Joseph Princiotta says the surpluses will be greatest between 2020 and 2022, when a... 

Construction on $4bn Indonesia EV battery project begins Jan 2019 – Minister

By: Reuters     30th November 2018 Developers will begin building a lithium battery project in Morowali, on the Indonesian island of Sulawesi, on Jan. 11, Coordinating Maritime Minister Luhut Pandjaitan said on Friday. The $4-billion project involves investors from South Korea, Japan and China, Pandjaitan told reporters, without... 

Go-ahead for $295m Argentina lithium expansion

By: Creamer Media Reporter      29th November 2018 The boards of joint venture partners Orocobre and Toyota Tsusho Corporation (TTC) have approved a 25 000 t/y expansion of the Olaroz lithium facility, which will increase the Argentina-based operation’s output to 42 500 t/y. Announcing the final investment decision this week, Orocobre said that... 

Go-ahead for $295m Argentina lithium expansion

Lithium hydroxide a viable option at San Jose

By: Esmarie Iannucci     29th November 2018 A scoping study into the San Jose lithium hydroxide project has estimated that ASX-listed Infinity Lithium would have to invest $228-million to develop the Spanish project. ASX-listed Infinity had previously completed a scoping study on a lithium carbonate project, which demonstrated the... 

European Lithium lists on London’s NEX

By: Creamer Media Reporter      28th November 2018 Australia-headquartered mining explorer and developer European Lithium started trading on the NEX Exchange Growth Market (NEX) in London on Wednesday. The listing provides the company, which is developing the Wolfsberg lithium project in Austria, to increased exposure and access to European... 

Argosy's Argentina lithium project to produce 10 000 t/y, PEA shows

By: Esmarie Iannucci     28th November 2018 A preliminary economic assessment (PEA) of the Rincon lithium project, in Argentina, has estimated a 16.5-year mine life based on the production of 10 000 t/y of high value lithium carbonate. ASX-listed Argosy Minerals on Wednesday reported that the PEA estimated a pre-tax net present value of... 

Tawana shareholders approve merger

By: Esmarie Iannucci     27th November 2018 The shareholders of ASX-listed Tawana Resources has approved a merger with Alliance Mineral Assets. The company on Tuesday reported that 92.6% of shareholders had voted in favour of the merger at a scheme meeting held in Perth. 

Chile to file arbitration suit against Albemarle by December 15

By: Reuters     26th November 2018 Chile's Corfo will present an arbitration suit against lithium miner Albemarle by December 15, the Chilean state development agency's vice-president said on Monday, alleging the world's top lithium producer had failed to adhere to the terms of a contract drawn up in 2016. Under the contract,... 

Savannah expands Mina do Barroso lithium project team

By: Creamer Media Reporter      26th November 2018 Aim-quoted Savannah Resources has added a number of leading Portuguese and international consultancy groups to its team advancing work on the Mina do Barroso project. The new consultancies appointed would assist Primero Group and Savannah’s in-house team in their work on the feasibility study,... 

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