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Lithium News

AVZ Minerals’ DRC project delivers positive tin, tantalum test results

By: Donna Slater     Updated 4 hours ago ASX-listed mining exploration company AVZ Minerals has reported positive flotation test results of tin and tantalum recoveries at its Manono lithium and tin project in the Democratic Republic of Congo (DRC), with a total tin recovery of 63% with a grade of 64.1%,. AVZ has concentrated its... 

Mining could be enormous post-virus stabiliser – Minerals Council

By: Martin Creamer     29th March 2020 The mining industry could be an enormous asset in stabilising and growing the economy post the coronavirus crisis  – but the right economic and regulatory circumstances would have to prevail, Minerals Council South Africa stated in a weekend media release. Post the coronavirus, South Africa would... 

CEZ to proceed with Cinovec investment

By: Marleny Arnoldi     27th March 2020 London-listed European Metal Holdings (EMH) on Friday reached final agreement with integrated energy utility CEZ Group around a partnership and investment into the Cinovec lithium/tin project, in Czech Republic. CEZ in November agreed to become a 51% shareholder in EMH's Czech subsidiary Geomet.... 

CEZ to proceed with Cinovec investment

Coronavirus slows US push to produce electric vehicle minerals

By: Reuters     27th March 2020 The coronavirus pandemic is hobbling US efforts to produce lithium, rare earths and other materials used in electric vehicles and high-tech equipment, dealing a blow to President Donald Trump's plan to curb Chinese control of the strategic minerals sector. As the pandemic has killed about 20 000... 

Coronavirus slows US push to produce electric vehicle minerals
Lithium Americas Thacker Pass project, in Nevada.

Infinity secures funding for San José lithium project

By: Tasneem Bulbulia     26th March 2020 Australian minerals company Infinity Lithium Corporation has executed a memorandum of understanding (MoU) with European Union (EU) platform steering group EIT InnoEnergy for equity investment and a collaboration agreement relating to the San José lithium project, in Spain. This is further to... 

Pilbara secures more Pilgangoora offtake

By: Esmarie Iannucci     25th March 2020 Lithium miner Pilbara Minerals has signed a five-year offtake agreement with Yibin Tianyi for 75 000 t/y of spodumene concentrate from its Pilgangoora project, in Western Australia. Under the contract, 60 000 t of spodumene will be supplied in 2020, with the first shipment of 20 000 t already... 

Bacanora’s Mexico lithium project faces delay

By: Simone Liedtke     23rd March 2020 Lithium exploration and development company Bacanora Lithium continues to progress all its work streams, despite the timetable for the engineering work at its Sonora lithium project, in Mexico, having been impacted on by delays in Asia and North America because of the Covid-19 outbreak.... 

Orocobre suspends Olaroz

By: Esmarie Iannucci     23rd March 2020 Dual-listed lithium miner Orocobre has moved its Olaroz lithium facility, in Argentina, to care and maintenance, and has suspended all development operations related to the Stage 2 expansion. The government of Argentina earlier this month enacted the Decree of Necessity and Urgency in relation... 

Work pauses at Sal de Vida

By: Esmarie Iannucci     23rd March 2020 Lithium miner Galaxy Resources has suspended operations at its Sal de Vida project, in Argentina, after the Argentinian government issued a nation-wide lockdown to contain the spread of Covid-19. The ASX-listed company said that the majority of the Sal de Vida project workforce is demobilizing... 

Argentina mines and projects halted as Covid-19 isolation hits

By: Mariaan Webb     20th March 2020 Mines and projects are ramping down in Argentina, after a mandatory social isolation declaration was issued, with Yamana Gold and Hochschild Mining confirming on Friday that their operations in that country would be reduced and Lithium Americas suspending construction at the Cauchari-Olaroz... 

Argentina mines and projects halted as Covid-19 isolation hits

Automotive battery makers looking to alternative chemistry to lower costs

By: Tasneem Bulbulia     18th March 2020 Major automotive battery makers and car manufacturers are planning to alter battery chemistry to lower the cost of new electric vehicles (EVs) being rolled out this year, mining and materials forecaster Afriforesight says. The race to cost cuts intensified last week with the largest Chinese EV... 

Chile lithium miners take coronavirus precautions, say impact on output minimal so far

By: Bloomberg     17th March 2020 Top lithium miners in Chile, the world´s No.2 producer of the ultralight battery metal, ramped up sanitary precautions at their Atacama salt flat mining operations to protect workers from the coronavirus outbreak, but said impact on output was minimal thus far. Cases of coronavirus in Chile had... 

Mt Cattlin starts processing stockpiled ore

By: Esmarie Iannucci     16th March 2020 Lithium miner Galaxy Resources has successfully installed and commissioned ore sorters at the front-end of the Mt Cattlin process plant, in Western Australia, as part of its strategy to prioritise value over volume to preserve resource life and control unit costs. The miner told shareholders... 

China equipment delay hits Caucharí-Olaroz construction timeline

By: Mariaan Webb     13th March 2020 The construction schedule of the Cauchari-Olaroz lithium project, in Argentina, will be reassessed to account for delays in the delivery of equipment for the chemical plant, Vancouver-based Lithium Americas reported on Friday. The company said that several pieces of equipment were being... 

China equipment delay hits Caucharí-Olaroz construction timeline

IronRidge bolsters lithium portfolio with acquisition of Joy Transporters

By: Tasneem Bulbulia     12th March 2020 Aim-listed IronRidge has entered into an agreement to acquire 100% of Joy Transporters’ share capital, giving IronRidge full ownership of a further highly prospective lithium exploration portfolio in Ghana. The Saltpond and Cape Coast portfolio, which is in line with IronRidge’s vision and growth... 

Sayona raises funds for NAL work

By: Esmarie Iannucci     12th March 2020 Lithium hopeful Sayona Mining is looking to raise A$4.3-million through a one-for-four renounceable rights issue, priced at 8c a share. The offer price represented a discount of 34% to Sayona’s 30-day volume weighted average share price of 1.22c a share, and a 48% discount to its 90-day volume... 

Albemarle expects weak first quarter in China due to coronavirus

By: Reuters     10th March 2020 Albemarle, the world's largest producer of lithium for electric vehicle batteries, said on Tuesday it is experiencing a "weak" first quarter in China, where most of the company's processing facilities and customers are located. None of the company's employees have contracted the virus and so far... 

Lake delivers first brine to Lilac

By: Esmarie Iannucci     10th March 2020 Lithium developer Lake Resources has delivered 20 000 l of brine samples from its Kachi lithium brine project, in Argentina, to its technology partner Lilac Solutions’ direct extraction ion exchange pilot plant in California. Lilac will process the brine to produce high purity lithium chloride... 

Breakthrough technique could produce lithium in hours not months

By: Bloomberg     10th March 2020 A new filtration technique could cut the time needed to produce lithium raw materials at South America’s vast evaporation ponds to hours from months, according to a study by a group of international scientists. The method, developed by researchers at Australia’s national science institute CSIRO,... 

Breakthrough technique could produce lithium in hours not months

Lithium miner Altura completes A$305m financing deal

By: Esmarie Iannucci     6th March 2020 Lithium miner Altura Mining has secured a A$305-million financing package to strengthen its balance sheet. The ASX-listed company on Friday told shareholders that it had executed new lending agreements with current lenders to extend the maturity of the existing $161-million loan facility by... 

Argosy readies for first shipment, looks for funding

By: Esmarie Iannucci     6th March 2020 ASX-listed Argosy Minerals is poised to deliver its maiden lithium carbonate product from its industrial scale pilot plant to customer Mitsubishi Corporation in Japan, marking the junior’s first foray into becoming a lithium carbonate exporter. The maiden shipment consists of five tonnes of high... 

Lithium miner SQM warns of further slide in prices in 2020, impact of coronavirus

By: Reuters     3rd March 2020 Chilean miner SQM, the world's No. 2 lithium producer, saw profits tumble in the last quarter of 2019 and warned that early 2020 sales in China, a key market for the battery metals used in electric vehicles, could be hit by impact of the coronavirus. The lithium giant is the latest miner to... 

Small miners hungry for fresh capital despite rampant EV enthusiasm

By: Reuters     1st March 2020 Small miners hoping to take advantage of demand for battery metals are struggling to convert electric vehicle aficionados into investors, compounding the sector’s funding constraints even as analysts predict a long-term shortage of the raw materials used to make EVs. The predicament has made it... 

Hydrogen fuel cell technology key to achieving green economy – Plug Power 

By: Martin Creamer     26th February 2020 The only way to achieve a ‘green’ economy, fight climate change and prevent the destruction that the world has seen in recent years is to ensure that conversations turn to the adoption of the hydrogen economy and interest in fuel cell deployment lives beyond the initial hype. That is the view of... 

Hydrogen fuel cell technology key to achieving green economy – Plug Power
Andy Marsh

Kodal progresses mining licence application for Mali project

By: Simone Liedtke     24th February 2020 Mineral explorer and developer Kodal Minerals is making quick progress in its mining license application for the Bougouni lithium project, in southern Mali. Following the first technical meeting with the Direction Nationale de la Géologie et des Mines (DNGM) to review the application, the DNGM... 

Sayona places a bid for Canadian NAL

By: Esmarie Iannucci     24th February 2020 Emerging lithium hopeful Sayona Mining has submitted its bid for North American Lithium (NAL), in Quebec. NAL in 2018 produced 114 000 t of spodumene against a nameplate capacity of 180 000 t. The operation also has the potential to produce battery-grade lithium carbonate with the necessary... 

Impairment strikes Galaxy profit

By: Esmarie Iannucci     21st February 2020 ASX-listed lithium miner Galaxy Resources has seen revenues halved during the year ended December, while the miner swung to a loss. Revenue for the year ended December reached $69.5-million, down from the $153.9-million reported in the previous financial year, as Galaxy reported a loss after tax... 

Impairment strikes Galaxy profit

Orocobre swings to red in H1

By: Esmarie Iannucci     21st February 2020 Lithium miner Orocbre has swung into a loss during the half year ended December, as lithium prices tumbled. The ASX- and TSX-listed company in Friday reported a net loss of $18.9-million for the interim period ending December, compared with a net profit of $24-million in the previous... 

Vulcan's Zero Carbon idea confirmed

By: Esmarie Iannucci     21st February 2020 A scoping study into the Zero Carbon lithium project, in Germany, has demonstrated the potential for a combined operation producing lithium hydroxide and renewable energy, with a net zero carbon footprint, ASX-listed Vulcan Energy said on Friday. The scoping study considered the staged... 

Bourassa quits as Nemaska CEO

By: Mariaan Webb     20th February 2020 Embattled lithium development company Nemaska Lithium on Thursday announced that Guy Bourassa would step down. He would leave the management and vacate his seat on the board with immediate effect. “Given the restructuring the corporation is undergoing and the current market conditions, we... 

Bourassa quits as Nemaska CEO
Guy Bourassa

Albemarle expects 2020 profit drop as lithium prices sag

By: Reuters     20th February 2020 Albemarle, the world's largest lithium producer, reported a lower-than-expected quarterly profit on Wednesday and forecast a double-digit drop in 2020 earnings on weak prices for the battery metal. Lithium companies in the past year have been producing more than automakers currently need,... 

Bill Gates-led fund invests in making lithium mining more sustainable

By: Bloomberg     20th February 2020 Breakthrough Energy Ventures, helmed by Bill Gates, and MIT’s The Engine fund are leading an investment round of $20-million for Lilac Solutions, a US startup aimed at making the extraction of lithium less water-intensive and more sustainable. As the world looks to cut carbon emissions, people... 

France's Eramet freezes lithium mine project in Argentina

By: Reuters     19th February 2020 Eramet has postponed an Argentine lithium mine project aimed at shifting the group's focus towards electric vehicle minerals, it said, citing economic and regulatory uncertainty in the debt-stricken South American country. The French company had been due to make a final investment decision on... 

Hydrogen fuel cells the next big disruptive technology – Sibanye-Stillwater  

By: Martin Creamer     19th February 2020 The next big disruptive technology will be hydrogen fuel cell technology, which is platinum rich, Sibanye-Stillwater CEO Neal Froneman said on Wednesday. Speaking ahead of half-year results of a 44% increase in revenue to R73-billion and a R432-million profit for 2019, Froneman stated that this... 

Hydrogen fuel cells the next big disruptive technology – Sibanye-Stillwater
Sibanye-Stillwater CEO Neal Froneman talks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer. Photographs: Donna Slater.

Orocobre buys Canadian JV partner

By: Esmarie Iannucci     19th February 2020 Dual listed lithium miner Orocobre has inked a definitive agreement to acquire TSX-V listed Advantage Lithium Corp. Under the terms of the agreement, Advantage shareholders will receive 0.142 Orocobre shares for every one Advantage share held, valuing the takeover target’s shares at 42c each,... 

Climate-friendly copper, cobalt, nickel steal limelight as Glencore depletes coal reserve 

By: Martin Creamer     18th February 2020 Climate-friendly energy transition metals, copper, cobalt and nickel, stole the limelight during Glencore’s presentation of 2019 results on Tuesday, when the company revealed that it would be depleting its coal reserves in line with the global move towards a low-carbon economy. Presenting... 

Climate-friendly copper, cobalt, nickel steal limelight as Glencore depletes coal reserve
Photo by Bloomberg
Ivan Glasenberg

Portuguese communities lock horns with lithium miners to save their land

By: Reuters     14th February 2020 The lush, green hills where Paulo Pires has for years brought sheep to graze above his picturesque Portuguese village may soon be transformed by the race to power electric vehicles. Signs of change already give him sleepless nights. Hundreds of drill holes across the countryside show where... 

Call made for accelerated exploration to build critical-minerals pipeline

By: Tracy Hancock     14th February 2020 Amid growing demand for critical minerals globally on the back of increased production of the technologies needed to realise a low-carbon future, North America’s policies and regulations are said to be hindering exploration and depleting its project pipeline. This is the most minerals-intensive... 

Call made for accelerated exploration to build critical-minerals pipeline
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