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Lithium News

Electric vehicles seen driving cobalt crunch by mid-2020s

By: Reuters     25th May 2018 The increasing popularity of electric vehicles may create a crunch for supplies of cobalt in the early-to-mid 2020s, miners and analysts say, adding that small operators trying to start up mines outside Africa could play a bigger role over time in satisfying demand for the metal used in... 

Western Australia to formulate lithium and energy materials strategy

By: Esmarie Swanepoel     24th May 2018 The Western Australian government has announced the formation of a taskforce to capitalise on the region’s lithium and energy material potential. The taskforce will oversee development of a Lithium and Energy Materials Strategy to build on Western Australia's competitive advantages, and to... 

Chile high court declines to weigh in on lithium spat at Maricunga

By: Reuters     24th May 2018 Chile's constitutional court said it would not get involved in a dispute between a foreign-backed miner and state-run copper miner Codelco over adjoining lithium deposits in the Maricunga salt flat, according to a court document seen by Reuters on Wednesday. Salar Blanco, 50%-owned by... 

Advantage Lithium reports six-fold resource upgrade at Cauchari

By: Henry Lazenby     24th May 2018 The TSX-listed equity of explorer Advantage Lithium rose more than 7% on Wednesday after it reported a six-fold resource increase at the Cauchari joint venture (JV), in Argentina. The Vancouver-based company reported a three-million-tonne inferred resource that comprise the northwest and... 

Advantage Lithium reports six-fold resource upgrade at Cauchari
Photo by Advantage Lithium
Cauchari, Argentina

Coega perfectly poised to participate in lithium-ion battery industry – CDC

By: Simone Liedtke     23rd May 2018 The Coega Special Economic Zone (SEZ) is at an advanced stage of setting up factories that will supply gigawatt factories with manganese, a key ingredient in most lithium-ion batteries. Coega Development Corporation (CDC) business development metallurgic sector manager Sadick Davids says the SEZ... 

Altura starts commissioning in WA

By: Esmarie Swanepoel     22nd May 2018 The first stage of commissioning at the Altura lithium project, in Western Australia, has been completed with over 100 000 t of crushed ore now available to feed into the processing plant. ASX-listed Altura Mining on Tuesday told shareholders that the entire commissioning phase is scheduled for... 

Kodal extends Sogola-Baoule prospect

By: Simone Liedtke     21st May 2018 West Africa focussed Kodal Minerals has extended its Sogola-Baoule prospect’s strike length at the company’s Bougouni lithium project, in southern Mali, to over 1 000 m, following results from 15 reported drill holes in March. The mineral exploration and development company further highlighted... 

US confirms list of 35 key minerals, targets domestic supply boost

By: Reuters     21st May 2018 Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the US deems essential to its economic and national security and wants to produce more of domestically. The Department of Commerce will use the list, which was published by the Interior... 

Zimbabwe lithium excites but projects face funding hurdle

By: Reuters     18th May 2018 Zimbabwe has a small window of up to 24 months to start producing battery grade lithium and ride the wave of high prices, miners said on Thursday, but the country's high political risk made financing projects difficult. Since the fall of Robert Mugabe after a de facto military coup last November,... 

Revival of Zambia mining industry demands fuel industry overhaul

18th May 2018 While the mining industry in Zambia is currently looking healthy – owing in part to the surge in demand for cobalt to produce lithium-ion batteries – it is crucial that the country’s fuel industry keeps pace with the upswing in industrial output and changing market demands, says independent... 

Revival of Zambia  mining industry demands fuel industry overhaul
GARY PULLEN Zambia finds itself at a ‘fuel crossroads’, as ageing fuel supply infrastructure, including the Indeni petroleum refinery and the Tanzania-Zambia Pipeline, are impacting on economic growth

Tianqi Lithium picks up minority SQM stake for $4.07bn

By: Henry Lazenby     17th May 2018 Lithium producer Tianqi Lithium has secured a 24% stake in Sociedad Quimica y Minera de Chile (SQM) from crop nutrient producer and distributor Nutrien, for $4.07-billion. Nutrien's sale of its SQM holdings was required by the Competition Commission of India and Ministry of Commerce in China... 

Tianqi Lithium picks up minority SQM stake for $4.07bn

Keliber reports 17% increase in mineral resource estimate

By: Creamer Media Reporter      17th May 2018 Finnish mining company Keliber’s drilling programme has resulted in a 17% increase, or 1.41-million tonnes, in its measured and indicated mineral resources to nearly 9.5-million tonnes. The most significant increase in the indicated mineral resources, almost one-million tonnes, is in the... 

Kidman signs lithium supply deal with Tesla

By: Esmarie Swanepoel     17th May 2018 Lithium developer Kidman Resources has inked an offtake agreement with clean energy solutions provider Tesla to supply lithium hydroxide. The agreement is for an initial three-year term on a fixed price take-or-pay basis, with two three-year term options. 

Kidman signs lithium supply deal with Tesla

Desert Lion sets price for flotation plant development in Namibia

By: Simone Liedtke     17th May 2018 The Phase 1 flotation plant at TSX-listed Desert Lion Energy’s Namibian lithium operations is estimated to cost about C$7-million. The plant, with a processing capacity of between 350 000 t/y and 400 000 t/y, will be used to process the fines from the historic run-of-mines stockpiles at Desert... 

Australia urged to tap into multibillion-dollar lithium value-add potential

By: Esmarie Swanepoel     16th May 2018 The Association of Mining and Exploration Companies (Amec) has called on state and federal governments to encourage investment in the lithium-ion battery industry, to take advantage of Australia’s natural endowments. A new report by Amec on Wednesday noted that Western Australia mined about 60%... 

Australia urged to tap into multibillion-dollar lithium value-add potential

Arcadia on track or first production in 2019

By: Esmarie Swanepoel     16th May 2018 The Arcadia lithium project, in Zimbabwe, is on track to start production in the second quarter of 2019, with developer Prospect Resources appointing engineering firm DRA to provide engineering services and upfront design for the project. Prospect said on Wednesday that certain long lead items... 

Private firm takes on Codelco for control of Chile lithium deposit

By: Reuters     15th May 2018 A foreign-backed miner has sued Chile to block state-run Codelco from exploiting a lithium deposit where both have claims, according to a lawsuit filed in March that will be carefully watched by potential investors being courted by the country's new government. The little-known and remote... 

Sal de Vida to cost more - Galaxy

By: Esmarie Swanepoel     15th May 2018 An updated feasibility study (FS) into the Sal de Vida lithium project, in Argentina, has increased the expected capital costs, while increasing the project’s expected net present value. ASX-listed Galaxy Lithium on Tuesday reported that the updated FS estimated a capital cost of $474-million,... 

Pilgangoora starts ore commissioning

By: Esmarie Swanepoel     15th May 2018 The Pilgangoora lithium project, in Western Australia, is set to deliver its first concentrate by the end of June, with ASX-listed Pilbara Minerals reporting that ore commissioning has started at the crushing facilities. In parallel with the start of load commissioning of the crusher,... 

Private firm takes on Codelco for control of Chile lithium deposit

By: Reuters     9th May 2018 A foreign-backed miner has sued Chile to block State-run Codelco from exploiting a lithium deposit where both have claims, according to a lawsuit filed in March that will be carefully watched by potential investors being courted by the country's new government. The little-known and remote... 

Ardiden raises A$6m for Seymour Lake

By: Esmarie Swanepoel     8th May 2018 Mineral explorer Ardiden has raised A$6-million through a share placement to advance its Seymour Lake lithium project, in Ontario. The share placement would be done in two tranches, with the first tranche consisting of more than 292.3-million shares, priced at 1.3c each to raise an initial... 

Wealth Minerals switching gears from project accumulation to exploration

By: Henry Lazenby     8th May 2018 The largest holder of Chilean lithium brine assets Wealth Minerals expects to have a drill turning in the ground at its Trinity project before month-end, the company announced on Monday. The Vancouver-based company said transient electromagnetic surveys have identified highly conductive zones,... 

Zimbabwe miner looking at refinery upgrade for battery grade lithium

By: Reuters     7th May 2018 A Zimbabwean mining company is considering upgrading a local nickel refinery to produce battery grade lithium or alternatively build a new lithium carbonate plant at a cost of up to $150-million, its managing director said on Monday. Lithium is in demand globally as a battery metal needed for the... 

Zimbabwe miner looking at refinery upgrade for battery grade lithium

Kidman-SQM JV plans lithium refinery in WA’s Kwinana

By: Esmarie Swanepoel     4th May 2018 Lithium developer Kidman Resources on Friday reported that its joint venture (JV) with Sociedad Quimica y Minera de Chile dentered into an exclusive option to lease land in the Kwinana Strategic Industrial Area, in Western Australia, as the location for a lithium refinery. The JV, known as... 

Brazil's Sigma Lithium to list in Toronto next week

By: Reuters     4th May 2018 Sigma Lithium Resources is set to list in Toronto next week, company executives said on Wednesday, as the Brazil-based lithium mine developer eyes a wave of demand for the metal used in rechargeable batteries for iPhones and electric cars. Sigma fell short of raising up to a planned C$30-million... 

Bald Hill ships first concentrate

By: Esmarie Swanepoel     3rd May 2018 The Bald Hill lithium and tantalum mine, in Western Australia, has completed its first shipment of spodumene concentrate. Project partners Tawana Resources and Alliance Minerals on Thursday reported that a shipment of 3 250 t of lithium concentrate was loaded at the Port of Esperance, and is now... 

Constrained metal supply could slow battery electric vehicle production rates – Moody’s

By: Marleny Arnoldi     2nd May 2018 Metals supply constraints could slow battery electric vehicle (BEV) production rates in the near term, says ratings agency Moody’s Investors Service.  

Constrained metal supply could slow battery electric vehicle production rates – Moody’s

IronRidge secures new exploration licences in Côte d'Ivoire

By: Simone Liedtke     2nd May 2018 Four licences have been granted for Aim-listed IronRidge Resources’ Marahui, Vavoua South, Vavoua North and Adzope exploration areas within the Kineta and Vavoua gold and the Adzope lithium portfolios respectively, in Côte d'Ivoire. The granting of the Marahui licence, which is located within the... 

Mina do Barroso shaping up as 'major new European discovery'

By: Mariaan Webb     2nd May 2018 Shares in Aim-listed Savannah Resources jumped 15% on Wednesday as the company announced its second mineral resource upgrade in as many months for the Mina do Barroso lithium project, with the project now estimated to contain 149 300 t of lithium oxide (Li2O). The project, in northern Portugal,... 

Neometals launches FEED at Kalgoorlie

By: Esmarie Swanepoel     1st May 2018 ASX-listed Neometals has launched a front-end engineering and design (FEED) study for its Kalgoorlie lithium hydroxide project, in Western Australia. The company told shareholders that Germany’s M+W Group has been appointed to conduct the FEED study, which is slated for completion by the end of... 

Renascor to raise up to A$8.5m

By: Esmarie Swanepoel     1st May 2018 Graphite developer Renascor Resources will raise A$6.5-million to fund its Siviour project, in South Australia, towards a decision to mine. The ASX-listed company will issue more than 240.7-million shares, at a price of 2.7c each to professional and sophisticated investors, over two tranches. 

Mineral Resources hunts for Wodgina partner

By: Esmarie Swanepoel     1st May 2018 ASX-listed Mineral Resources (MinRes) was looking for a joint venture partner for its Wodgina lithium project, in Western Australia. The company said on Tuesday that it has started a process to sell up to 49% in the asset as part of an offtake and partnering process. 

Mineral Resources hunts for Wodgina partner

Altura's proposed expanded output proves positive

By: Esmarie Swanepoel     30th April 2018 A definitive feasibility study (DFS) on Stage 2 of the Pilgangoora lithium project, in Western Australia, has proved positive for project developer Altura Mining. The Stage 2 DFS duplicated the Stage 1 processing plant, increasing production to 440 000 t/y of 6% spodumene concentrate by early 2020. 

Galaxy eyes options at Sal de Vida

By: Esmarie Swanepoel     30th April 2018 Lithium miner Galaxy Resources on Monday confirmed the appointment of JP Morgan as its financial adviser to evaluate what it called ‘strategic options’ for its Sal de Vida project, in Argentina. The confirmation came following a media report that suggested Galaxy was looking to divest of a... 

Galaxy eyes options at Sal de Vida

MGX looking forward to booking first revenue by Oct as commercial petrolithium plants deploy

By: Henry Lazenby     28th April 2018 Budding energy metals producer MGX Minerals is looking forward to generating its first revenues later this year as the first commercial petrolithium extraction systems deploy to sites in Utah and Alberta. “It’s a liability until it becomes an asset,” president and CEO Jared Lazerson says of the... 

MGX looking forward to booking first revenue by Oct as commercial petrolithium plants deploy
Photo by MGX Minerals
Lithium carbonate produced from oilfield brine using MGX's rapid recovery process

Birimian doubles Goulamina resource

By: Esmarie Swanepoel     27th April 2018 ASX-listed Birimian has doubled the mineral resource estimate at its Goulamina lithium project, in Mali. Following recent exploration success, Birimian has revised the mineral resource at Golamina to 65-million tonnes, grading 1.43% lithium oxide, for a contained lithium oxide content of 931 000... 

Bulk sample collection under way at Savannah’s Mina do Barroso

By: Marleny Arnoldi     26th April 2018 Aim-listed diversified miner Savannah Resources on Thursday announced that the collection of a bulk sample is under way at its NOA deposit, which is one of three primary target areas that are currently being advanced at the Mina do Barroso lithium project, in Portugal.  

Bulk sample collection under way at Savannah’s Mina do Barroso
Savannah Resources CEO David Archer

Keliber applies for lithium mine enviro permit

By: Creamer Media Reporter      26th April 2018 Finnish mining company Keliber has submitted the environmental and water permit application for its proposed Syväjärvi lithium mine. The permit application to the Regional State Administrative Agency of Inner and Western Finland includes the ore and waste rock mining, stockpiling the waste rock,... 

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