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Critical Minerals News

Goldman says bull market in battery metals is finished for now

By: Bloomberg     30th May 2022 Goldman Sachs Group said the price of three key battery metals -- cobalt, lithium and nickel -- will drop over the next two years after investors wanting exposure to the green-energy transition piled in too quickly. “Investors are fully aware that battery metals will play a crucial role in the... 

Talga grows graphite resource in Sweden

By: Esmarie Iannucci     27th May 2022 ASX-listed Talga has reported a 54% increase in the resource estimate for its Vittangi graphite project, in Sweden, adding more than 10-million tonnes to Europe’s largest graphite resource. The Vittangi project is now estimated to host a mineral resource of some 30.1-million tonnes of graphite... 

Sayona raises A$190m for NAL's start in 2023

By: Esmarie Iannucci     27th May 2022 Lithium developer Sayona Mining on Friday announced a successful A$190-million institutional placement to fund the 2023 restart of its North American Lithium (NAL) operations in Québec. Sayona told shareholders that it had received firm commitments for the placement of more than one-billion... 

Image shows stacked coins

Botswana mining sector on the rebound

By: Halima Frost     27th May 2022 The Botswana mining sector is on the rebound, following the onset of the Covid-19 pandemic, as well as the sustained period of subdued commodities prices from 2015 to 2019, industry organisation Botswana Chamber of Mines CEO Charles Siwawa tells Mining Weekly. He adds that the rebound can be... 

A large uncut diamond on a bed of black kimberlite from a mine in Botswana
DIAMOND IN THE ROUGH The mining sector in Botswana holds great potential for investors according to the Botswana Chamber of Mines

JV stalls, but still on offer

27th May 2022 Diamond exploration company Botswana Diamonds (BOD) announced earlier this month that, despite intensive advanced and ongoing discussions with interested parties, the board has been unable to secure a new joint venture (JV) partner to acquire the Ghaghoo mine, in Botswana before the extended... 

A mine vehicle moving into the mouth of the Ghaghoo mine in Botswana which is up on offer by Gem Diamonds
GOING GOING GHAGHOO Botswana Diamonds continues ts discussions with potential JV partners to acquire the Ghaghoo mine in Botswana

South Africa must reform its regulatory environment, make itself investor-friendly – simple  

By: Martin Creamer     26th May 2022 South Africa must reform its regulatory environment and make itself investor-friendly – simple. That is the straight-forward view of Dr Mathews Phosa, who was speaking to Mining Weekly in his capacity as the non-executive vice-chairperson of the high-flying Jubilee Metals Group plc, a London Aim-... 

Picture supplied
Jubilee's Dr Mathews Phosa interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

The trouble with lithium

By: Bloomberg     26th May 2022 Elon Musk wants to mine it, China is scouring Tibet for it, battery makers are crying out for it. Lithium, the wonder metal at the heart of the global shift to electric cars, is in a full-blown crisis. Demand has outstripped supply, pushing prices up almost 500% in a year and hindering the... 

Hydrogen can be stored in existing fossil fuel infrastructure for years, world webinar hears  

By: Martin Creamer     26th May 2022 Hydrogen can be stored in existing fossil fuel infrastructure for years if need be, giving it the potential to become a universal energy carrier in the same way as oil is now but without the environmental impact, World Hydrogen Leaders webinar heard this week. Allowing hydrogen to make use of... 

Picture provided.
Hydrogenious LOHC Technologies strategy and implementation head Dr Andreas Lehmann.

Australian Vanadium inks renewable MoU

By: Esmarie Iannucci     26th May 2022 ASX-listed Australian Vanadium has inked a memorandum of understanding (MoU) with renewable energy developer North Harbour Clean Energy (NHCE) for the potential development of energy storage projects. Through its subsidiary VSUN Energy, Australian Vanadium help to facilitate development of... 

Platinum-boosted South African hydrogen electrolyser leaps ahead   

By: Martin Creamer     25th May 2022 The proof-of-concept of the platinum group metals-boosted advanced alkaline electrolyser – the AAE ­– has been successfully completed by Hydrox Holdings of Randburg in a pioneering achievement that offers the potential for South Africa to enter the fray as world demand for hydrogen electrolysers... 

Creamer Media photographer.
Hydrox CEO Corrie de Jager interviewed by Mining Weekly’s Martin Creamer.

Suvo finds offtake partner

By: Esmarie Iannucci     25th May 2022 Kaolin producer Suvo Strategic Minerals has struck a non-binding agreement with supply chain services provider C&D Logistics Group over a possible offtake agreement. Under the terms of a non-binding cooperation agreement, the two companies would work to negotiate a sales and purchase agreement... 

Glencore settles most bribery, manipulation investigations 

By: Martin Creamer     25th May 2022 Diversified mining and marketing company Glencore on Wednesday announced the settlement of most of its bribery and market manipulation investigations. This follows almost four years of investigations and a serious environmental social and governance (ESG) overhang over the group, 

Picture supplied
Glencore CEO Gary Nagle.

Britishvolt CIO appointed as nonexec director of Eastinco

By: Darren Parker     24th May 2022 Eastinco Mining and Exploration, an exploration and development company with a portfolio of Africa-focused critical and strategic metal assets, has announced its intention to appoint gigaplant developer Britishvolt CIO Kasra Pezeshki to the board as a nonexecutive director of the company, which... 

Legendary lithium riches from Bolivia's salt flats may still just be a mirage

By: Reuters     24th May 2022 On Bolivia's Salar de Uyuni, a vast white salt flat that feels almost otherworldly, Karina Quispe is watching from the sidelines a global resource race for the world's largest - and almost untapped - trove of battery metal lithium. Her village on the edge of the salar - from where most of the... 

Lithium pilot plant in Namibia scheduled for this year – AfriTin 

By: Martin Creamer     24th May 2022 An engineering, procurement and construction management (EPCM) contractor has been appointed to design and construct a lithium pilot processing plant at the Uis mine in Namibia, technology metals mining company AfriTin Mining stated on Tuesday. This follows metallurgical test work results of the... 

AfriTin CEO Anthony Viljoen.
AfriTin CEO Anthony Viljoen.

Rafaella sharpens focus on Canada

By: Esmarie Iannucci     24th May 2022 ASX-listed Rafaella Resources has shifted its focus to battery minerals exploration in Canada, announcing the acquisition of a second battery metals project in the region, adjacent to its existing Midrim and Laforce platinum group metal (PGM)/nickel/copper sulphide assets. The company has inked... 

Sevenfold increase in yearly clean hydrogen needed to hit 2050 net-zero target  

By: Martin Creamer     23rd May 2022 Annual production of clean hydrogen would need to increase more than sevenfold for the world to hit net zero in 2050, say the leading founders of McKinsey & Company’s platform for climate technologies, Bernd Heid of Cologne, Martin Linder of Munich, and Mark Patel of San Francisco, who add that... 

AdobeStock solar pic
South Africa's sun and wind can contribute to crucial job creation.

One mine auction draws 3 448 bids amid scramble for lithium

By: Bloomberg     23rd May 2022 An auction for a controlling stake in a Chinese lithium mine has garnered 3 448 bids, underscoring the scramble to secure the battery metal that’s key to the clean-energy transition. The 54.3% stake in Yajiang Snowway Mining Development, which owns the mine in Sichuan, a southwestern province in... 

Energy Fuels buys Brazil heavy mineral sands project

By: Creamer Media Reporter      23rd May 2022 NYSE American- and TSX-listed Energy Fuels has entered into an agreement to acquire 17 mineral concessions, which has significant quantities of heavy minerals, including monazite, in Brazil. The company states that the Bahia project is a well-known heavy mineral sands deposit with more than 3... 

European Lithium makes a play for Avebury

By: Esmarie Iannucci     23rd May 2022 ASX-listed European Lithium has thrown a potential A$125-million spanner in fellow listed Mallee Resources’ plans to acquire the Avebury nickel sulphide project, in Tasmania. Mallee earlier this year unveiled a deed of company arrangement (DOCA) to acquire Allegiance Mining, which has gone into... 

Quantum signs offtake deal at Uley 2

By: Esmarie Iannucci     23rd May 2022 ASX-listed Quantum Graphite has inked an offtake agreement for all of the flake graphite produced at its Uley 2, Stage 1 project, in South Australia. The company on Monday announced that it had signed a binding offtake agreement with Swiss-based global metal and minerals trading group MRI... 

Sayona's PFS for NAL proves up

By: Esmarie Iannucci     23rd May 2022 A prefeasibility study (PFS) into the North American Lithium (NAL) operations, in Quebec, has confirmed the viability of a 1.5-million tonne a year operation, delivering 4.4-million tonnes of spodumene concentrate over a mine life of 27 years. ASX-listed Sayona Mining on Monday told shareholders... 

Image shows the NAL operations

SAIMM positioning industry for next-gen metals with upcoming PGMs conference

By: Simone Liedtke     23rd May 2022 In positioning itself for the next generation of precious metals - such as palladium, rhodium, iridium, and others - which fulfill catalytic roles, the eighth iteration of the Southern African Institute of Mining and Metallurgy’s (SAIMM’s) Platinum-Group Metals (PGMs) Conference is looking to... 

Pic of PGMs Conference chairperson Gary Lane
PGMs Conference chairperson Gary Lane

Snow Lake Lithium calls for comprehensive EV ecosystem across North America

By: Creamer Media Reporter      20th May 2022 Canadian lithium producer Snow Lake Lithium has outlined the need to create a comprehensive electric vehicle (EV) ecosystem across North America to protect the future of the region's domestic automotive industry. With more than ten-million vehicles sold in the US last year, the automotive... 

Develop completes Woodlawn purchase

By: Esmarie Iannucci     20th May 2022 ASX-listed Develop has completed the A$100-million acquisition of the Woodlawn zinc/copper project, in New South Wales. Develop on Friday announced it had completed the purchase of all shares in Heron Resources, under the terms of a deed of company arrangement (DOCA) and orders of the Supreme... 

IGO produces first lithium at Kwinana

By: Esmarie Iannucci     20th May 2022 ASX-listed Independence Group (IGO) on Friday announced the first production of battery grade lithium from its Kwinana lithium hydroxide refinery, in Western Australia. The first production represented an important milestone for the lithium joint venture (JV) between IGO and its partner Tianqi... 

Image shows the lithium hydroxide refinery at Kwinana

Critical mineral demand of order of magnitude never seen – Sheila Khama  

By: Martin Creamer     19th May 2022 "My genuine sense is that we are going to see a growth in the mining sector of an order of magnitude we haven't seen. I also think that we're going to find that the need for minerals is going to force the world to think that if we can't get minerals on our shore, where else do we get them from? 

Picture supplied
Mining stalwart Sheila Khama spoke to Mining Weekly’s Martin Creamer on critical metals. Video: Darlene Creamer.

In Chile's Atacama, lithium mining stirs fight over flamingos

By: Reuters     19th May 2022 On the white plains of Chile's lithium-rich Atacama desert, bright pink flamingos enliven the sprawling salt flats where sporadic blue pools provide much needed hydration. But flamingo numbers are falling, with a new study linking this to the water extracted by mining firms to pump up brine... 

Europe gives another lofty boost to green hydrogen, electrolyser targets

By: Martin Creamer     19th May 2022 The European Commission this week took firm steps to again boost green hydrogen production and electrolyser manufacture amid sharply rising consumption targets. The commission’s latest RePowerEU proposals include the raising of its 2030 renewable hydrogen consumption targets for industry to 75%,... 

Picture from archive.
Renewable hydrogen consumption targets elevated.

Manganese mine rail-loading boost being assessed by South32 

By: Martin Creamer     19th May 2022 Diversified mining company South32 is assessing the potential expansion and modernisation of rail loading infrastructure at its Wessels manganese mine in South Africa’s Northern Cape, says South32 CEO Graham Kerr. Kerr, who presented at the Bank of America Global Metals, Mining & Steel Conference... 

Slide screenshot.
Accelerated operational decarbonisation.

Bannerman takes a slice of Namibian rare earths

By: Esmarie Iannucci     19th May 2022 ASX, NSX and OTCQB-listed Bannerman Energy has struck a deal to acquire 41.8% shareholding in TSX-V listed critical minerals explorer Namibia Critical Metals Inc (NMI). NMI’s flagship asset is the 95%-owned, advanced and fully permitted Lofdal heavy rare earths project in Namibia, which is the... 

Rio agrees to Turquoise Hill funding amendments

By: Esmarie Iannucci     19th May 2022 Major Rio Tinto has agreed to amend a funding plan with Turquoise Hill Resources (TRQ) in order to provide liquidity of up to $400-million in short-term early advances, while TRQ evaluates a takeover offer from the mining giant. A Special Committee of TRQ is currently evaluating Rio’s C$34 per... 

Rio agrees to Turquoise Hill funding amendments

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

Picture supplied.
CSIR CEO Dr Thulani Dlamini

Critical Elements produces battery grade lithium hydroxide

By: Creamer Media Reporter      18th May 2022 TSX-V-listed Critical Elements Lithium has successfully produced battery-grade lithium hydroxide in a pilot plant programme, converting spodumene concentrate from the Rose project, in Quebec, into battery grade lithium hydroxide using a thermal leaching process. The pilot plant conversion... 

WA invests more into mining research

By: Esmarie Iannucci     18th May 2022 The Western Australian government has pledged a further A$6-million in funding over the next four years to the Minerals Research Institute of Western Australia (MRIWA) to enable it to progress research for the mining industry. In addition to the work already underway on the Net Zero Emission... 

Caterpillar eyes energy transition as growth driver for mining business

By: Reuters     18th May 2022 Construction equipment maker Caterpillar believes demand for critical minerals as the clean energy transition gathers pace will translate to solid returns for its mining business, CEO Jim Umpleby said in an interview on Tuesday. The company is aiming at a global market worth about $5-trillion for... 

MRC looks to partner with Mitsubishi in Europe

By: Esmarie Iannucci     18th May 2022 ASX-listed Mineral Commodities (MRC) has struck a memorandum of understanding with Japanese major Mitsubishi Chemical Corporation (MCC) to collaborate on graphitic anode materials supply in Europe. The two companies will explore collaboration opportunities under two phases. 

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