http://www.miningweekly.com
R/€ = 16.48 Change: -0.01
R/$ = 14.51 Change: -0.01
Au 1304.69 $/oz Change: 0.00
Pt 836.28 $/oz Change: 0.00
 

Lithium News

Galaxy completes Sal de Vida deal

By: Esmarie Iannucci     26th November 2018 Lithium miner Galaxy Resources has completed the sale of the northern tenements of its Sal de Vida project, in Argentina, to Posco. Posco earlier this year struck a deal with Galaxy to acquire a package of tenements on the northern portion of Sal de Vida, for $280-million. Galaxy would retain... 

Kodal appoints project manager for Mali project

By: Marleny Arnoldi     23rd November 2018 Aim-listed Kodal Minerals has appointed Steven Zaninovich project manager of the company’s flagship Bougouni lithium project, in Mali. Zaninovich has 25 years’ experience in project management, encompassing all stages of mine development.  

Lithium giant sees strong prices for longer amid ramp-up issues

By: Bloomberg     23rd November 2018 Unexpected difficulties to expand production by one of the world’s top lithium miners come with a silver lining -- stronger than expected prices. Santiago-based Soc. Quimica y Minera de Chile SA expects lithium prices to remain firm in the fourth quarter at about similar levels to earlier this... 

Lithium giant sees strong prices for longer amid ramp-up issues

Platinum’s stature growing as world’s clean air catalyst 

By: Martin Creamer     22nd November 2018 This month’s launch of the world’s first fuel cell double-decker bus is the latest example of platinum helping to power the world’s new clean air revolution. The fuel cell bus was developed as a part of the European Union-funded joint initiative for hydrogen vehicles, which make use of platinum,... 

Platinum’s stature growing as world’s clean air catalyst
First fuel cell double decker bus.

Lithium Australia produces batteries from mine waste

By: Esmarie Iannucci     22nd November 2018 ASX-listed Lithium Australia has reported the production of lithium-ion battery cathode material and lithium-ion batteries from tri-lithium phosphate produced directly from mine waste. The company on Thursday said that its wholly-owned subsidiary VSPC had produced the lithium-ion products... 

Australia’s Mineral Resources gains on $1.15bn Albemarle deal

By: Esmarie Iannucci     22nd November 2018 The share price of ASX-listed Mineral Resources (MRL) increased by more than 26% on Thursday after the company signed an exclusivity agreement with US major Albemarle over the potential sale of a 50% interest in the Wodgina lithium project, in Western Australia. Albemarle is expected to pay... 

Australia’s Mineral Resources gains on $1.15bn Albemarle deal

IronRidge raises £5.40m for African mines’ development

By: Marleny Arnoldi     21st November 2018 Aim-listed IronRidge Resources has raised about £5.4-million before expenses through the issue of about 27-million shares at a price of 20p apiece. The funds will be used to develop the company’s gold and lithium projects in Ghana, Chad and Côte d'Ivoire.  

Phase 1 drilling at IronRidge’s Ghana lithium project confirms significant deposit

By: Marleny Arnoldi     20th November 2018 Aim-listed IronRidge Resources has compiled the results of a 58-hole, 8 210 m reverse circulation (RC) drilling programme at its Ewoyaa project, in Ghana. The results include the last 13 holes drilled, which had multiple broad, high-grade lithium drill intersections returned at a 0.5% lithium... 

Phase 1 drilling at IronRidge’s Ghana lithium project confirms significant deposit
Lithium pegmatite

Cinovec developer European Metals raises cash

By: Mariaan Webb     20th November 2018 European Metal Holdings has raised gross proceeds of £1.04-million (about $1.82-million) through a share placing to Australian and UK investors, the company announced on Tuesday. The placing price of 20p a share was at a discount of 13% to Friday’s closing price. 

Quebec lithium mine construction on track

By: Mariaan Webb     20th November 2018 The construction of the Whabouchi lithium mine and Shwinigan electrochemical plant remain on track to start producing concentrate in the second half of next year, followed by lithium salt production in the second half of 2020, Nemaska Lithium reported on Monday. In a project update, the company... 

Mali to produce lithium by 2020 with 694 000 t discovered

By: Reuters     19th November 2018 Mali is on track to start lithium production by 2020 and companies have already discovered 694 000 t of exploitable reserves, a senior Mines Ministry official told Reuters. Lithium has become one of the world's most in-demand commodities thanks to the rising popularity of electric vehicles... 

Zimbabwe lithium mine to cost $165m – Prospect

By: Esmarie Iannucci     19th November 2018 The definitive feasibility study (DFS) into the Arcadia lithium project, in Zimbabwe, has found that the project would require a capital investment of $165-million to develop a 2.4-million tonne a year operation. The DFS base case was double that considered in a 2017 prefeasibility study which... 

Pilgangoora officially opens

By: Esmarie Iannucci     16th November 2018 The Pilgangoora lithium/tantalum project, in Western Australia, has officially been opened by the Mines and Petroleum Minister Bill Johnston. The official opening of the mine comes four years since the first drill hole, and first product shipments which was achieved in October this year, owner... 

Kidman searching for Mt Holland offtakers

By: Esmarie Iannucci     15th November 2018 Lithium developer Kidman Mining is hoping to find buyers for between 75% and 80% of its share of production from the $601-million integrated Mt Holland project, in Western Australia, to assist in discussions with financiers. MD and CEO Martin Donohue told shareholders at the company’s annual... 

Peregrine, NexGen and Cardinal among leaders honoured in PDAC awards

By: Creamer Media Reporter      14th November 2018 The Prospectors and Developers Association of Canada (PDAC) has announced the winners of its yearly awards, which recognise the work of international and domestic leaders in the mineral exploration and mining community. The Bill Dennis award went to Peregrine Diamonds, which discovered the... 

Chilean regulators reject Albemarle's plans to boost lithium output

By: Reuters     14th November 2018 Chilean environmental regulators have rejected plans by Albemarle Corp, the world's top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile's Environmental Assessment Service (SEA). SEA said in a resolution on Monday that Albemarle's... 

Chilean regulators reject Albemarle's plans to boost lithium output

Lithium/cobalt juniors contemplate amalgamation

By: Mariaan Webb     13th November 2018 Canadian Securities Exchange-listed exploration juniors Tantalex Resources and International Cobalt Corp (ICC) are considering amalgamating their businesses, joining their operations in the Democratic Republic of Congo (DRC) and the Idaho Cobalt belt, in the US. Cobalt- and lithium-focused... 

Stage 2 Pilgangoora lithium expansion approved

By: Esmarie Iannucci     12th November 2018 The board of lithium miner Pilbara Minerals has approved the Stage 2 expansion of the Pilgangoora project, in Western Australia. The Stage 2 operation will see an additional three-million-tonne-a-year processing circuit added to the existing Stage 1 operation, taking the project capacity to... 

Stage 2 Pilgangoora lithium expansion approved

Altura signs lithium supply deal with Ganfeng

By: Esmarie Iannucci     9th November 2018 Lithium miner Altura Mining has signed an offtake agreement with battery materials producer GFL International for the supply of a minimum of 70 000 t/y of lithium from the recently commissioned Pilgangoora operation, in Western Australia. The offtake agreement with GFL, which is a subsidiary of... 

Western Australia approves Albemarle’s lithium plant

By: Esmarie Iannucci     9th November 2018 The Western Australian government has approved US-based Albemarle’s plans to construct a lithium manufacturing plant in the state. The plant will produce up to 100 000 t/y of lithium hydroxide monohydrate from five 20 000 t/y process trains and produce up to 1.1-million tonnes a year of... 

Western Australia approves Albemarle’s lithium plant

Albemarle profit rise beats forecasts on lithium price hikes

By: Reuters     8th November 2018 Albemarle Corp, the world's largest lithium producer, on Wednesday posted quarterly profit that rose more than expected due in part to price hikes, though unexpected production problems cut its output of the white metal. Albemarle has been striving to boost production and prices of lithium, a... 

Premier African Minerals’ shares fall on proposed restructuring

By: Creamer Media Reporter      7th November 2018 Aim-listed Premier African Minerals’ share price on the LSE fell by 39% on Wednesday after it announced a proposed restructuring of its Zimbabwean minerals projects and a demerger. Premier plans to establish a new wholly-owned subsidiary Newco, into which it will consolidate its entire interests... 

Albemarle's claim to unique lithium technology draws scrutiny

By: Reuters     7th November 2018 Albemarle's claim to have developed a unique process that would more than triple its lithium production from Chile's Atacama desert without using more water is drawing increased scrutiny from regulators and investors pushing for more details. The development could help Albemarle cement its... 

Lithium-producer Livent says FMC sale to bring certainty for staff, investors

By: Reuters     7th November 2018 Lithium producer Livent Corp says majority owner FMC Corp's decision to sell its entire stake by next spring will help it better compete in the fast-moving sector, CEO Paul Graves said on Tuesday. FMC spun Livent off last month in an initial public offering, keeping about 86% of Livent's shares.... 

European Metals begins Cinovec DFS drilling

By: Mariaan Webb     5th November 2018 Australia-headquartered European Metals has started its drilling campaign at the Cinovec lithium/tin project, in the Czech Republic, with a total of eight holes for 2 560 m to be drilled. The first hole has already been completed, European Metals reported on Monday. 

Kidman signs lithium hydroxide supply agreement

By: Esmarie Iannucci     1st November 2018 ASX-listed Kidman Resources has signed a binding heads of agreement (HoA) to supply lithium hydroxide to Japan’s Mitsui & Co, over an initial two-year term. The HoA could also be extended twice for further two-year periods, with the agreed-upon volumes supplied by Kidman gradually increasing to... 

Chile's antitrust court rejects appeals against Tianqi deal

By: Reuters     31st October 2018 Chile's antitrust court on Tuesday rejected appeals filed against its authorization of Tianqi Lithium's $4.1-billion purchase of a stake in lithium producer SQM, Tianqi said on Tuesday. The decision marks the latest legal victory for Tianqi, a Chinese miner seeking to acquire 2%of Chile's SQM,... 

Zimbabwe lithium miner sees first production in Q2 next year

By: Reuters     29th October 2018 Zimbabwe Lithium Company (ZLC) expects to complete a pilot plant and start production of lithium concentrates in the second quarter of 2019 after a legal dispute delayed work on the project, its chief executive said on Monday. John McTaggart said ZLC was in discussion with several finance groups... 

Lithium giant clears hurdle in $4.1bn SQM stake buyout

By: Bloomberg     26th October 2018 China’s Tianqi Lithium cleared a major hurdle in its bid to buy a $4.1-billion stake in SQM, the world’s second-largest producer of the mineral used in electric-vehicle batteries. On Thursday, Chile’s constitutional court declared inadmissible a suit questioning whether an agreement between... 

Atlas Sept quarter iron-ore shipments down 10%

By: Esmarie Iannucci     25th October 2018 Iron-ore miner Atlas Iron has reported another tough quarter in the three months to September, with iron-ore shipments declining from the 2.1-million tonnes in the June quarter, to 1.9-million tonnes. Atlas in late July this year suspended crushing activities at its Mt Dove operation, in the... 

Backed by positive PFS, Global to enter offtake discussions for Nevada lithium mine

By: Esmarie Iannucci     23rd October 2018 The Rhyolite Ridge lithium/boron project, in Nevada, could be in production by 2021, delivering 20 200 t/y of lithium carbonate and 173 000 t/y of boric acid. ASX-listed Global Geoscience on Tuesday reported that a prefeasibility study (PFS) into the Rhyolite Ridge project had estimated initial... 

Kidman reveals integrated lithium mine-to-refinery study results

By: Esmarie Iannucci     22nd October 2018 Lithium developer Kidman Resources on Monday revealed that an integrated mine, concentrator and refinery project, in Western Australia, would cost $601-million to develop. The company has completed a prefeasibility study on the proposed Kwinana lithium refinery, as well as an updated scoping... 

Falling grades bring down Mt Cattlin production - Galaxy

By: Esmarie Iannucci     18th October 2018 Lithium miner Galaxy Resources has seen a 35% fall in production during the September quarter, as grades at the Mt Cattlin operation, in Western Australia, declined. Lithium concentrate production during the third quarter reached 31 156 t, down from the 47 901 t produced in the previous quarter. 

Chilean gov't to seek international arbitration over Albemarle contract

By: Reuters     17th October 2018 The Chilean government said on Wednesday it would seek international arbitration over what it alleged was the failure of lithium miner Albemarle Corp to adhere to the terms of a contract drawn up in 2016. The State development agency Corfo said Albemarle had failed to reply to an agreement to... 

Desert Lion announces maiden mineral resource estimate for Namibian project

By: Simone Liedtke     12th October 2018 TSX-V-listed Desert Lion Energy has completed a maiden mineral resource estimate for its Namibian lithium project, the company announced on Friday. The maiden mineral resource estimate comprised the Rubicon, Rubicon Slimes, Helikon 1, Helikon 2, Helikon 3, Helikon 4 and Helikon 5 deposits, and... 

Chilean court freezes sale of stake in lithium giant SQM to Tianqi

By: Reuters     12th October 2018 SANTIAGO – A Chilean court on Thursday suspended the sale of a coveted stake in lithium producer SQM to China's Tianqi Lithium, saying it will consider a lawsuit filed by the Chilean company's controlling shareholders, who oppose the deal. The lawsuit, filed on Wednesday, alleges a previous... 

Lithium leaders tout bright EV future after tough trading debut

By: Bloomberg     12th October 2018 The market for lithium will remain tight through 2025 as producers struggle to lift output fast enough to meet demand for the material that’s essential in making batteries for electric vehicles (EVs), according to the sector’s newest public company, Livent. “We think demand is going to grow... 

Chile studying possible lithium trade on LME

By: Reuters     11th October 2018 Chile has called for lithium to be traded on the London Metals Exchange to provide greater "clarity" about its value, Mining Minister Baldo Prokurica said on Wednesday. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this... 

Chile studying possible lithium trade on LME

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

 ...    more
RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close