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Lithium

Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Sigma Lithium plans to invest $100m on new Brazil plant
Sigma Lithium plans to invest $100m on new Brazil plant
13th February 2024 By: Bloomberg

Sigma Lithium, a leader in Brazil's budding lithium sector, said on Monday it planned to invest 492.4-million reais on a previously announced plant in the country, to be backed by financing from... 


Valor options Frazer Lake lithium project in Canada
13th February 2024 By: Creamer Media Reporter

Australia-based Valor Resources, which will reposition as Thunderbird Resources over the next few months, has acquired a low-cost option over a portfolio of highly prospective lithium projects in... 


Arizona’s Prairie pilot plant in final phase, performing well
12th February 2024 By: Tasneem Bulbulia

The direct lithium extraction (DLE) pilot plant at the Prairie project in Saskatchewan, Canada has processed more than 200 000 ℓ of brine, and has produced “exceptional” results during operations... 


Mining’s focus switching to critical minerals, with ESG pressures increasing
12th February 2024 By: Rebecca Campbell

The need to transform the global energy system and to cut carbon emissions, to counter the danger of climate change, is shifting the mining spotlight away from traditional high-value resources,... 


Anglo American projects and development director Alison Atkinson.
Anglo American, Finnish Minerals sign battery value chain agreement
12th February 2024 By: Schalk Burger

Mining multinational Anglo American and Finnish State-owned mining company Finnish Minerals Group have signed a memorandum of understanding (MoU) to explore opportunities to further support the... 


EU, US to align global minerals push against China’s supply grip
EU, US to align global minerals push against China’s supply grip
12th February 2024 By: Bloomberg

The US and the European Union are in talks to merge a core area of their efforts to engage suppliers of critical minerals in resource-rich nations, seeking to streamline their push against China’s... 


Mandrake receives BLM permit for Utah lithium project
9th February 2024 By: Creamer Media Reporter

ASX-listed Mandrake Resources has received the required permitting form the US federal Bureau of Land Management (BLM) for the re-entry of two wells at the 379 km2 Utah lithium project, in the... 


Premier publishes new mineral resource estimate for Zulu project
9th February 2024 By: Darren Parker

Aim-listed Premier African Minerals has published a new South African Mineral Resource Committee- (Samrec-) compliant mineral resource estimate (MRE) for its wholly-owned Zulu lithium and tantalum... 


Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
9th February 2024 By: Reuters

Portuguese prosecutors have asked a judge to annul an environment permit for a lithium mining project being developed by London-based Savannah Resources, alleging various legal infringements, a... 


SQM launches third call for lithium accelerator programme
SQM launches third call for lithium accelerator programme
8th February 2024 By: Creamer Media Reporter

Chile’s SQM Lithium Ventures has launched the third generation of its corporate acceleration programme focusing on innovative start-ups offering solutions within the lithium industry. The... 


High grades intersected in new NSW lithium province
7th February 2024 By: Creamer Media Reporter

ASX-listed Stelar Metals has intersected high-grade mineralisation in the initial reconnaissance drilling programme undertaken at the Trident lithium project, about 50 km from Broken Hill, in New... 


Pilbara extends Chengxin offtake agreement
Pilbara extends Chengxin offtake agreement
7th February 2024 By: Creamer Media Reporter

Australian lithium producer Pilbara Minerals has extended its offtake agreement with integrated lithium chemicals producer Chengxin Group. Under the existing short-term agreement, signed in 2023,... 


Ivanhoe Mines executive chairperson Robert Friedland.
Crucial to combine agricultural development with mining, Indaba hears
7th February 2024 By: Martin Creamer

Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching... 


ICMM CEO Rohitesh Dhawan
Threat of climate change has transformed the image of mining
7th February 2024 By: Rebecca Campbell

The need to reduce global carbon emissions, to counter climate change, has transformed the public image of the mining industry, because of the urgent need to ramp-up the production of clean energy... 


Piedmont lays off 27% of staff as lithium prices fall sharply
Piedmont lays off 27% of staff as lithium prices fall sharply
6th February 2024 By: Mariaan Webb

US-based Piedmont Lithium, which has a joint venture (JV) operation in Canada and a lithium project in Ghana, has laid off 27% of its work force in a bid to curb operating expenses amid a sharp... 


From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
Noise-induced hearing loss now highest priority mining health condition, Indaba hears
6th February 2024 By: Martin Creamer

Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because... 


A cobalt mining operation in the DRC
US DFC boosts Congo funding, bids to de-risk world's top cobalt supplier
6th February 2024 By: Reuters

The US International Development Finance Corporation (DFC) said it was scaling up financing and guarantees for mining projects in Democratic Republic of Congo, to help de-risk and unlock private... 


Prairie drilling contractor appointed
6th February 2024 By: Mariaan Webb

ASX-listed Arizona Lithium has appointed Calgary-based Rhythm Engineering as drilling contractor for the Prairie lithium project, in Saskatchewan, Canada. MD Paul Lloyd says Arizona was impressed... 


President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


A stockpile of lithium
Germany to channel €1bn to critical raw material needs
2nd February 2024 By: Bloomberg

The German government earmarked about €1-billion ($1.1-billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals in high-tech and... 


Copper sheets produced in the DRC
Western miners lag as oil powers enter race for Africa's critical metals
2nd February 2024 By: Reuters

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate... 


The Cahora Bassa hydropower plant
Mozambique seeks to end 50-year hydropower pact with South Africa
2nd February 2024 By: Bloomberg

Mozambique plans to end half a century of hydropower supply to South Africa’s State-owned electricity utility, raising risks for the continent’s most industrialized economy and threatening the... 


GM, Stellantis-backed lithium startup seeks $1bn for brine project
2nd February 2024 By: Bloomberg

A private US lithium startup backed by Stellantis and General Motors Co. is working with financial advisers to seek more than $1-billion for its project in California. The funds are for a project... 


Lithium project delays, more M&A on the cards as market transitions – Wood Mac
Lithium project delays, more M&A on the cards as market transitions – Wood Mac
1st February 2024 By: Mariaan Webb

The lithium market is entering a period of transition, with the once-unstoppable demand growth for the key battery material now decelerating as the market matures and electric vehicle (EV) sales... 


Sigma announces jump in size of Brazilian deposits
1st February 2024 By: Bloomberg

Sigma Lithium announced an increase in the estimated size of its deposits of the electric vehicle battery metal in Brazil, which the company said will allow it to further expand production levels... 


AVZ reports updated mineral resource at DRC project
31st January 2024 By: Tasneem Bulbulia

ASX-listed AVZ Minerals has updated the mineral resource of its Manono lithium and tin project, in the Democratic Republic of Congo (DRC), after generating new results from the 2022 to 2023... 


Patriot Battery Metals graduates to TSX
31st January 2024 By: Creamer Media Reporter

Hard-rock lithium exploration company Patriot Battery Metals has received final approval from the TSX to list its common shares, effective upon market open on Thursday. The shares will trade under... 


IGO halts Cosmos nickel project
IGO halts Cosmos nickel project
31st January 2024 By: Mariaan Webb

Australian miner IGO will transition the Cosmos nickel project, in Western Australia, into care-and-maintenance, the company announced on Wednesday. Since initiating a review of Cosmos in... 


Lithium miners warn on plunging profits after price freefall
31st January 2024 By: Bloomberg

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry, telling investors to prepare for tumbling profits and asset... 


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