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Lithium News

Bacanora eyes midyear construction start at Sonora

By: Megan van Wyngaardt     2nd March 2018 Dual-listed lithium exploration and development company Bacanora Minerals on Friday said it was keen to start the construction of a 35 000 t/y mine and processing plant at its Sonora project, in Mexico, in the first half of this year, with a view to achieving first production in the first quarter... 

Atlas to export Pilgangoora lithium DSO to Sinosteel

By: Simone Liedtke     2nd March 2018 ASX-listed Atlas Iron has signed an agreement with Sinosteel Australia for the export of lithium direct shipping ore (DSO) sourced from the Pilgangoora lithium project, which is owned by ASX-listed Pilbara Minerals. Atlas will sell up to 1.5-million tonnes of lithium DSO to Sinosteel over a... 

Lithium Australia secures A$18m loan

By: Megan van Wyngaardt     2nd March 2018 ASX-listed Lithium Australia (LIT) has secured an A$18.27-million convertible note facility from US institutional investor Arena Investors. "Lithium Australia has previously announced our intention to proceed with the large-scale Sileach pilot plant programme and to recommission the Very Small... 

EV penetration rates to drive demand for numerous raw materials

By: Jessica Oosthuizen     2nd March 2018 With electric vehicle (EV) market growth to drive demand for lithium-ion batteries, as well as the materials used in their anodes and cathodes, soaring demand for numerous raw materials can be expected in the next ten years, says international metals and minerals researcher Roskill steel alloys... 

EV penetration rates to drive demand for numerous raw materials
FUTURE TRENDS Roskill delivered a presentation titled On the Road with Roskill on the side-lines of the 2018 Investing in African Mining Indaba

Dajin's Argentina JV hits high grades as the company readies for Nevada drilling

By: Henry Lazenby     28th February 2018 A surface sampling programme focused on an area of overlapping interest of the Salinas Grandes project, in Argentina – a joint venture (JV) property owned by Toronto-based LSC Lithium and Vancouver-based Dajin Resources – has extended the lithium footprint and confirmed the high-grade nature of... 

Dajin's Argentina JV hits high grades as the company readies for Nevada drilling

Lithium Australia buys lithium-ion cathode company

By: Anine Kilian     28th February 2018 ASX-listed Lithium Australia has received acceptances for 99.7% of the Very Small Particle Company’s (VSPC’s) issued capital. VSPC is an advanced cathode production technology for lithium-ion batteries and can precisely control the particle size and chemistry of cathode powders, using patented... 

Savannah appoints Hatch for Mina do Barroso scoping study

By: Megan van Wyngaardt     28th February 2018 Aim-listed Savannah Resources has appointed multidisciplinary engineering consultancy Hatch to conduct a scoping study of a potential mine development of the Mina do Barroso lithium project, in Portugal. The scoping study will investigate a potential mining and concentration plant development... 

Savannah appoints Hatch for Mina do Barroso scoping study

Zimbabwe says has potential to meet 20% of global lithium demand

By: Reuters     28th February 2018 Zimbabwe aims to supply 10% of the world's lithium and could reach 20%, the mines minister from Africa's top producer of the alkali metal used in batteries for electric vehicles said on Wednesday. "We believe we have the potential to actually account for 20% of global demand when all known... 

Pilbara to fast-track Pilgangoora development as new investor comes to play

By: Megan van Wyngaardt     28th February 2018 The multi-faceted agreement signed between South Korean steelmaker Posco and Australian lithium miner Pilbara Minerals this week would strengthen the latter's balance sheet, allowing it to accelerate Stage 2 and complete Stage 1 of its Pilgangoora project in Western Australia, the miner said on... 

Pilbara to fast-track Pilgangoora development as new investor comes to play
Pilbara CEO Ken Brinsden

Prospect exercises option on lithium project in north-eastern Zimbabwe

By: Creamer Media Reporter      28th February 2018 Australia-listed lithium company Prospect Resources has added to its lithium resource base in Zimbabwe by exercising an option to acquire the Good Days project, near Mutoka, north-eastern Zimbabwe. The 8km2 project contains numerous mineralised pegmatites, including historical workings for... 

Prospect starts small scale lithium carbonate production

By: Megan van Wyngaardt     27th February 2018 ASX-listed Prospect Resources has started commissioning its battery grade lithium carbonate pilot plant in Kwekwe, Zimbabwe. The laboratory complex in the Kwekwe area supports the laboratory scale and pilot scale production of lithium carbonate, with small scale production of battery grade higher... 

Resounding welcome for Gwede, who declines opportunity to comment

By: Martin Creamer     27th February 2018 New South African Mineral Resources Minister Gwede Mantashe has received a resounding welcome from the Chamber of Mines of South Africa, Business Leadership South Africa (BLSA) and mining luminaries. The Chamber of Mines of South Africa has welcomed the appointment of Mantashe, 62, describing him... 

Resounding welcome for Gwede, who declines opportunity to comment
Photo by Duane Daws
Incoming Mineral Resources Minister Gwede Mantashe

Posco signs long-term deal to buy lithium from Australia's Pilbara

By: Reuters     27th February 2018 South Korean steelmaker Posco on Tuesday said it had agreed to buy up to 240 000 t/y of lithium concentrate from Australian miner Pilbara Minerals, using the commodity to help supply producers of electric vehicle batteries. As part of the deal, the Australian unit of Posco will acquire a 4.75%... 

Bass in final phase of Graphmada mine recommissioning

By: Simone Liedtke     26th February 2018 Industrial mineral concentrates producer Bass Metals has reached the final phase of its recommissioning works at the Graphmada large flake graphite mine, in Madagascar. The company is aiming to have Graphmada fully operation by late March, with Stage 1 establishing Bass as one of the only two... 

Savannah triples Portugal lithium project resource estimate

By: Creamer Media Reporter      26th February 2018 The inferred mineral resource estimate of the Mina do Barroso lithium project, in northern Portugal, has increased by 200%, project developer Savannah Resources said on Monday. The Aim-listed company reported an inferred mineral resource estimate of 9.1-million tonnes at 1.03% lithium oxide... 

Indian govt pushing for JVs to acquire overseas battery mineral assets

By: Ajoy K Das     23rd February 2018 The Indian government is considering pushing government-owned mining and mineral processing companies to form joint ventures (JV) to acquire strategic assets overseas. Senior official say that JVs will not only combine the mining expertise of these companies across various minerals, but also... 

The EV future is here and already boosting earnings for miners

By: Bloomberg     23rd February 2018 The booming electric vehicle revolution is flowing through to the bottom line of a growing list of global miners, who are reaping higher profits from rising demand for battery raw materials. Orocobre reported Friday that net income rose 11% in the December half and forecast lithium prices to... 

The EV future is here and already boosting earnings for miners

Finland takes top spot for mining-friendly investment 

By: Henry Lazenby     23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... 

Finland takes top spot for mining-friendly investment

Eramet eyes expansion in electric vehicle metals

By: Reuters     20th February 2018 Eramet CEO Christel Bories said on Tuesday that the French mining group is looking to expand in minerals like cobalt, lithium and nickel salts linked to energy transition markets like electric vehicles. Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit... 

Eramet eyes expansion in electric vehicle metals

After 2017 consolidation, mining to pre-empt future metals demand – EY

By: Schalk Burger     20th February 2018 With stronger balance sheets across the mining and metals sector, miners are increasingly returning to an investment-led strategy, which is driving a renewed focus on building portfolios that deliver sustainable shareholder returns, says multinational consultancy Ernst & Young (EY). The focus... 

After 2017 consolidation, mining to pre-empt future metals demand – EY

US seeks to boost output of 35 minerals, reduce import reliance

By: Reuters     17th February 2018 The United States should boost domestic production of 35 critical minerals including uranium, cobalt and lithium, to reduce its reliance on foreign suppliers, the Interior Department said on Friday. Aluminium and potash are also on the draft list of 35 critical materials used in basic... 

US seeks to boost output of 35 minerals, reduce import reliance

Latin Resources secures lithium projects in San Luis, Argentina

By: Simone Liedtke     16th February 2018 ASX-listed mineral exploration company Latin Resources has secured 100% ownership of Condor lithium concessions in San Luis, Argentina, through the signing of a terms sheet with Kontrarian Resources Fund No 1. The concessions are in the vicinity of historic lithium mines. Smaller scale pegmatite... 

North America’s mining industry eyeing growth

By: Donald Makhafola     16th February 2018 The North American mining sector is earmarked for growth this year, owing to rising commodity prices, despite challenges, which include rising environmental concerns over water use and water source contamination through mining operations, says advisory firm Deloitte Canada Americas mining leader... 

North America’s mining industry  eyeing growth
Photo by Bloomberg
PRICE HIKE BENEFITS Mining in North America is expected to grow because of an increase in the prices of commodities such as gold

There is new energy to ease mining industry conflict – Scholes

By: Mia Breytenbach     16th February 2018 There appears to be new political resolve to mend the relationship between the mining industry and the Department of Mineral Resources, says specialised law firm Malan Scholes director Hulme Scholes. Speaking at the IHS Markit South African Coal Export Conference, in Cape Town, on Thursday, the... 

There is new energy to ease mining industry conflict – Scholes
Photo by Duane Daws
HULME SCHOLES For the first time . . . we will see the trust deficit between the mining industry and department close

Sound policy, low risk key to attracting mining investment

By: Henry Lazenby     16th February 2018 The global equity markets have been extremely volatile in recent weeks, extending a frantic selloff in US stocks that culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... 

Sound policy, low risk key to attracting mining investment

Commissioning starts at Bald Hill lithium plant

By: Anine Kilian     15th February 2018 Joint venture partners Tawana Resources and Alliance Mineral Assets have started commissioning the dense media separation (DMS) circuit at their Bald Hill lithium and tantalum mine, in Western Australia.  First spodumene concentrate is expected as soon as ore is fed to the DMS circuit in early... 

Gold-focused Crusader puts Brazil, Portugal lithium assets up for sale

By: Schalk Burger     13th February 2018 ASX-listed minerals exploration and development company Crusader Resources aims to dispose of its lithium interests in Brazil and Portugal to focus its development and funding on the Borborema gold project, in Brazil, and the Juruena and Novo Astro gold exploration projects, in western Brazil.... 

Westgold, S2R shake hands on gold tenements

By: Megan van Wyngaardt     13th February 2018 ASX-listed companies Westgold Resources and S2 Resources (S2R) have entered an agreement, whereby Westgold would acquire S2R's interest in the Polar Bear project, its 80% interest in the Eundynie joint venture and the Norcott project, in Western Australia. The company would take over all the... 

PFS outlines 'compelling case' for Pilgangoora expansion – Pilbara

By: Megan van Wyngaardt     13th February 2018 Australian lithium developer Pilbara Minerals has delivered a prefeasibility study (PFS) for its flagship 100%-owned Pilgangoora lithium/tantalum project, in Western Australia. The company reported on Tuesday that the PFS outlined a "compelling business case" for the expanding the project to... 

PFS outlines 'compelling case' for Pilgangoora expansion – Pilbara
Pilbara Minerals CEO Ken Brinsden

Mugabe's fall has veteran miners jockeying for Zimbabwe comeback

By: Bloomberg     13th February 2018 Robert Mugabe’s fall as Zimbabwe president is setting the scene for the return of a London mining listing for Andrew Groves and his long-term business partner – and former England cricketer – Phil Edmonds. Groves is preparing to relist the pair’s Zimbabwe coal, chrome and gold assets in London... 

Cobalt cannot be eradicated from electric car batteries – Umicore

By: Reuters     13th February 2018 Makers of electric vehicle batteries will have to keep using scarce, expensive cobalt in their products for the foreseeable future despite a push towards higher nickel compositions, materials technology company Umicore said on Monday. Manufacturers have been trying to increase the proportion of... 

Savannah's Mina do Barroso drilling programme shows good results

By: Megan van Wyngaardt     12th February 2018 Aim-listed Savannah Resources on Monday said that it had identified significant widths of lithium mineralisation through the ongoing reverse circulation (RC) drill programme at its Mina do Barroso lithium project, in northern Portugal. A total of 87 holes for 7 081 m have been drilled to date... 

Samsung SDI turns to used phones for cobalt as prices surge

By: Bloomberg     12th February 2018 Samsung SDI, a battery supplier to carmakers including BMW, plans to recycle cobalt from used mobile phones as companies around the world scramble to secure supplies of the metal amid surging prices. The plan fuels a trend among battery makers to reduce dependence on the Democratic Republic of... 

Magnis-linked consortium buys equipment for lithium-ion battery factory

By: Anine Kilian     9th February 2018 ASX-listed Magnis Resources has reported that Imperium3 New York (IM3NY) placed the winning bid for the acquisition of second-hand lithium-ion battery manufacturing equipment currently located in North Carolina, US.   The lithium-ion battery plant assets consists of equipment from major US and... 

Bacanora proposes to domicile to the UK, delist from TSX-V

By: Simone Liedtke     9th February 2018 Lithium company Bacanora Minerals said on Friday that it would restart the process of changing its domicile of jurisdiction from Canada to the UK. The company had sought shareholder approval to effect the redomicile in September 2016, but failed to obtain the requisite approval. 

Bacanora proposes to domicile to the UK, delist from TSX-V

Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules

By: Henry Lazenby     9th February 2018 Ottawa on Thursday tabled new legislation to improve the federal environmental assessment process for mining projects. The legislation is aimed at strengthening and restoring the credibility of Canada's environmental laws. 

Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules

Zimbabwe to consider waivers on platinum, diamonds ownership law

By: Bloomberg     8th February 2018 Zimbabwe will consider applications from companies mining platinum or diamonds to be exempted from a requirement that they be at least 51% owned by black citizens of the country. The government wants companies to show they have a plan to achieve compliance before it will consider granting... 

Board and management changes announced at Plymouth

By: Mariaan Webb     7th February 2018 Lithium-focused Plymouth Minerals on Wednesday announced board and management changes as part of its continued focus to advance the San Jose lithium/tin project, in Spain. Plymouth, which plans to change its name to Infinity Lithium, said it had strengthened its executive team with the... 

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