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Critical Minerals News

Investment required to meet mining’s decarbonisation, power challenges – PwC  

By: Martin Creamer     4th October 2022 South Africa’s mining sector will be required to make major investments into alternative and renewable energy sources and energy planning to address the dual challenges of decarbonisation and reliable power supply, PwC said on Tuesday when it launched its SA Mine report, which highlights mining’s... 

Namibia Critical plans ‘significantly’ bigger rare earths mine

By: Mariaan Webb     4th October 2022 The Lofdal heavy rare earth project has the potential to be a "significantly" bigger operation than the previous studies, with Namibia Critical Metals on Monday unveiling the results of a new preliminary economic assessment (PEA). The new PEA works on a larger yearly run-of mine (RoM) and plant... 

Sayona starts downstream studies at NAL

By: Esmarie Iannucci     4th October 2022 Lithium developer Sayona Mining has launched a prefeasibility study (PFS) for the development of downstream processing options at the North American Lithium (NAL) operation in Quebec. The ASX-listed company on Tuesday said that it was working closely with its partner Piedmont Lithium to examine... 

Fortune extends option to acquire Alberta refinery site for Nico project

By: Creamer Media Reporter      4th October 2022 Canadian mining company Fortune Minerals has secured an extension to the option to buy the JFSL Field Services brownfield site in Lamont, Alberta. The extension, the company says, is owing to “the current economic and capital market volatility”. Fortune plans to construct a hydrometallurgical... 

More platinum-based green hydrogen generation on the way 

By: Martin Creamer     3rd October 2022 Up to 1 350 t of green hydrogen can now be generated a year from renewable solar and wind power in the Wunsiedel Energy Park, in Germany. “This is another example of platinum-based production of green hydrogen in Europe that will assist both the replacement of imported natural gas and the earlier... 

Demand for platinum-based green hydrogen generation growing.
Demand for platinum-based green hydrogen generation growing.

Sibanye ups shareholding in Keliber to nearly 85%

By: Mariaan Webb     3rd October 2022 Diversified mining company Sibanye-Stillwater has increased its effective shareholding in Finnish company Keliber to 85.96%, as part of financing arrangement that enables the lithium project to progress to the construction phase. In the first stage of the financing arrangement - announced in... 

EV makers must partner with miners to secure key metals

By: Bloomberg     3rd October 2022 A key lithium producer in Australia, the world’s top supplier, is urging electric car manufacturers and battery makers to become its partners in new refinery projects, arguing their direct financial backing is vital to avoid shortfalls of the material that’s crucial to the clean energy... 

Liontown marks another milestone at Kathleen Valley

By: Esmarie Iannucci     3rd October 2022 The Western Australian government’s Department of Mines, Industry, Regulation and Safety has approved lithium developer Liontown’s mining proposal and mine closure plan for a four-million tonne a year Kathleen Valley operations. "The receipt of approval for our mining proposal along with the... 

MRC hoping to raise A$15.7m

By: Esmarie Iannucci     3rd October 2022 ASX-listed Mineral Commodities (MRC) is hoping to raise up to A$15.7-million in additional funding through a share placement and entitlement issue, to finance its growth strategies. MRC on Monday told shareholders that it had received firm commitments from its largest shareholder, Au Mining,... 

WA Kaolin completes commissioning

By: Esmarie Iannucci     3rd October 2022 Junior WA Kaolin has completed commissioning of the processing plant at its Wickepin project, in Western Australia, and has started ore processing. The ASX-listed company on Monday said that it was already approach nameplate capacity of 25 t/h of high purity kaolin, and has completed the first... 

WA miners worried about staff, optimistic on deals - report

By: Esmarie Iannucci     3rd October 2022 A new report by consulting services firm MinterEllison has highlighted the three key issues facing the mining and services sector. Research conducted among Western Australian mining executives has revealed concerns about rising costs, labour shortages, inflationary pressure, supply chain and... 

Thunderbird financing slots into place

By: Esmarie Iannucci     3rd October 2022 Mineral sands developer Sheffield Resources on Monday announced that its subsidiary Kimberley Mineral Sands (KMS) had secured a $110-million production-linked facility with Orion Mineral Royalty Fund. In conjunction with the A$160-million debt financing package from the North Australian... 

Core completes A$100m placement

By: Esmarie Iannucci     3rd October 2022 Lithium developer Core Lithium has completed its fully underwritten placement raising A$100-million. The company on Monday said that it had received firm commitments for the placement of some 97.1-million shares, at a price of A$1.03 each, with the placement well supported by new and existing... 

Atlantic Lithium's Ghana mine poised to begin production by 2024

By: Reuters     30th September 2022 Australia-based Atlantic Lithium expects to begin production at what would be Ghana's first lithium mine by the second half of 2024, the company's interim chief executive told Reuters. Lennard Kolff said in an interview that a recent scoping study showed revenue could reach nearly $5 billion... 

Core sets A$100m raising target

By: Esmarie Iannucci     30th September 2022 Lithium developer Core Lithium on Friday announced a A$100-million through an institutional placement to fund further resource expansion at the Finniss lithium project, in the Northern Territory. The fully underwritten institutional placement will consist of 97.1-million shares, priced at... 

Rio produces first lithium concentrate in Canada

By: Esmarie Iannucci     30th September 2022 Major Rio Tinto has started spodumene concentrate production at a demonstration plant at its Rio Tinto Iron and Titanium (RTIT) Quebec Operation, in Canada. The plant will demonstrate at industrial scale a new spodumene concentration process that provides lithium oxide grades and recoveries well... 

An image of the Rio Tinto Iron and Titanium metallurgical complex in Quebec.
Rio Tinto Iron and Titanium metallurgical complex in Quebec.

Global Lithium finds downstream partner in Korea

By: Esmarie Iannucci     29th September 2022 ASX-listed Global Lithium Resources has signed a memorandum of understanding (MoU) with Korean electric vehicle battery cell manufacturer SKO On Co to explore the potential to develop downstream lithium assets. The MoU will run for an initial two year period, and would also consider SK On... 

EcoGraf planning bigger BAM facility

By: Esmarie Iannucci     29th September 2022 Triple listed EcoGraf has announced plans to scale-up its battery anode material (BAM) facility, in Western Australia, following multiple approaches from electric vehicle manufacturers in Europe and North America. The company’s original plans for the BAM facility would have seen a 5 000 t/y... 

Suvo buys into green HPA

By: Esmarie Iannucci     29th September 2022 Kaolin producer Suvo Strategic Minerals has announced plans to acquire a 26% interest in green high purity alumina (HPA) technology. The ASX-listed company will, through a private placement, acquire a stake in Australian proprietary company Dingo, which is aiming to produce HPA from recycled... 

[Corrected] Teck may raise value of Zafranal project in Peru to more than $1bn

By: Reuters     29th September 2022 Canada's Teck Resources is considering revising the value of its Zafranal copper project in Peru to more than $1-billion from $552-million, one of its executives said Wednesday. The initial value of the project was set in 2019, when copper prices were below their current levels, the general... 

An image of a project site surrounded by mountains
Photo by Teck Resources
The Zafranal proejct in Peru

Minerals Council ‘absolutely adamant’ about need for commercially available cadastre  

By: Martin Creamer     29th September 2022 The key objective of transparency in applying for prospecting rights and mining rights – and openly managing them – can be enabled by a commercially available cadastre system. While South Africa does not have such a cadastre, fellow African countries that are already thriving on it include... 

Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell.
Grant Mitchell: Minerals Councll Junior and Emerging Miners Desk webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Each Anglo Platinum employee to receive R8 000 worth of shares a year 

By: Martin Creamer     28th September 2022 Platinum group metals (PGMs) mining and marketing company Anglo American Platinum has launched a new employee share ownership plan (Esop), which it envisages will be implemented in the fourth quarter of this year. The Esop involves employees receiving Anglo Platinum listed shares to the value of... 

Anglo American Platinum Executive Head Human Resources Virginia Tyobeka.
Anglo American Platinum Executive Head Human Resources Virginia Tyobeka.

Metals for cleaner future being turned to account in minerals-endowed Northern Cape 

By: Martin Creamer     28th September 2022 South Africa’s critical minerals potential is being highlighted in an increasingly promising manner by Orion Minerals, the Sydney- and Johannesburg-listed company that is showing the way in the minerals-endowed Northern Cape. Orion, headed by its Boksburg-born CEO Errol Smart, is poised to bestow... 

Orion Minerals reaping rewards from South Africa's minerals-endowed but under-explored Northern Cape.
Orion Minerals reaping rewards from South Africa's minerals-endowed but under-explored Northern Cape.

Piedmont still open to more spodumene opportunities

By: Esmarie Iannucci     28th September 2022 Lithium developer Piedmont was looking at opportunities to increase its resource and ore reserves as it works towards bringing its US assets into production. The dual listed company earlier this year earmarked a site in Tennessee for the development of a new 30 000 t/y lithium hydroxide... 

Piedmont holds a 25% interest in Sayona Quebec, which has three lithium projects, including North American Lithium (pictured).
Piedmont holds a 25% interest in Sayona Quebec, which has three lithium projects, including North American Lithium (pictured).

Rio warns miners not moving fast enough on lithium extraction

By: Bloomberg     28th September 2022 Planned lithium production will fail to meet growth in demand for lithium ion batteries that are needed to meet global climate goals, according to Rio Tinto ’s minerals chief. Lithium consumption needed “to surge way above anything that’s planned to be mined,” Sinead Kaufman told a conference in... 

Rio warns miners not moving fast enough on lithium extraction

Nickel Industries settles Oracle buy

By: Esmarie Iannucci     28th September 2022 ASX-listed Nickel Industries has finalised the acquisition of an additional 40% interest in the Oracle nickel project, in Indonesia, taking its equity interest in the project to 70%. The company said on Wednesday that with commissioning at the project scheduled for October, Nickel Industries has... 

Cyprium cuts staff as Nifty funding lags

By: Esmarie Iannucci     28th September 2022 Copper hopeful Cyprium Metals has temporarily reduced the workforce at its Nifty operations, in the Pilbara, to just 20 personnel and contractors in order to save on operational expenditure while it works towards financing the restart of the mine. The Nifty restart study estimated that Cyprium... 

Rio approves underground mining at Kennecott

By: Esmarie Iannucci     27th September 2022 Diversified miner Rio Tinto has approved a $55-million investment to start underground mining at the Kennecott copper operations, in Utah. The miner said on Tuesday that underground mining will initially focus on an area known as the Lower Commercial Skarn (LCS), which will deliver a total of... 

Rio approves underground mining at Kennecott

Talga signs offtake deal with ACC

By: Esmarie Iannucci     27th September 2022 Australian listed Talga has signed a non-binding offtake agreement with European battery maker Automotive Cells Company SE (ACC) to supply its flagship anode product, Talnode®-C, from the Vittangi anode project in Sweden. Under the term sheet, which follows successful qualification test-work... 

Avenira confirms battery cathode plans in Darwin

By: Esmarie Iannucci     27th September 2022 ASX-listed Avenira has revealed more details around the memorandum of understanding (MoU) with lithium iron phosphate (LFP) battery manufacturer Advanced Lithium Electrochemistry (Aleees) to potentially develop an LFP battery cathode manufacturing plant in Darwin, using Avenira’s Wonarah... 

Green hydrogen, fuel cells important part of any future energy system, says global strategist  

By: Martin Creamer     27th September 2022 Green hydrogen and fuel cells will be a very important part of any future energy system, says Switzerland-based energy and sustainability consultancy strategist Dr David Hart. Among the electrolysers that convert renewable electricity into green hydrogen are proton exchange membrane (PEM)... 

Dr David Hart, E4tech.
E4tech’s Dr David Hart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Local contractor benefits from NAL restart

By: Esmarie Iannucci     27th September 2022 Lithium developer Sayona Mining has awarded a near C$200-million, four-year mining contract at its North American Lithium (NAL) operations, in Quebec, to local company L. Fournier & Fils. Under the agreement, Fournier will be responsible for the supervision of all stripping and drilling,... 

Nachu gets new costing

By: Esmarie Iannucci     27th September 2022 An updated bankable feasibility study (BFS) into the Nachu graphite project, in Tanzania, has estimated that the project would require a capital investment of $324-million. ASX-listed Magnis Energy Technologies on Tuesday reported that the updated estimated that the five-million tonne a year... 

Manchin’s energy-permit Bill gets backing of US Chamber, with changes

By: Bloomberg     27th September 2022 The US Chamber of Congress is lobbying Congress for passage of Senator Joe Manchin’s bill that would make it easier to obtain permits for energy-related projects, while saying some changes are needed. The powerful business group encouraged the Senate to include the measure, as promised by Senate... 

An image of Senator Joe Manchin
Senator Joe Manchin

Argentine State-run miners launch first-time lithium project

By: Reuters     27th September 2022 Units of Argentina's state oil firm YPF will next month begin lithium exploration in a first-ever entry into the sector by state-run miners as the government aims to benefit from surging demand for the battery metal, according to a statement on Monday. Lithium prices have soared past $70 000/t... 

Argentine State-run miners launch first-time lithium project

Brazil approves Araguaia as strategic project – Horizonte

By: Mariaan Webb     26th September 2022 The Brazilian government has approved the Araguaia nickel project as a strategic minerals project, dual-listed Horizonte Minerals reported on Monday. The approval would ensure that the various government agencies engaged in the construction and operation of the mine would treat Araguaia as a... 

Lithium One buys property adjoining Patriot’s Corvette

By: Mariaan Webb     26th September 2022 TSX-V-listed Lithium One Metals is expanding its portfolio near the Patriot’s Corvette discovery, announcing on Friday that it has reached an arms-length agreement with Glenn Griesbach to acquire the Lac Astrid lithium project, in north-western Quebec. The Lac Astrid project is composed of 70... 

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