https://www.miningweekly.com
R/€ = 18.40 Change: 0.05
R/$ = 15.24 Change: 0.22
Au 1812.39 $/oz Change: 18.72
Pt 988.45 $/oz Change: 1.56
 

Lithium News

Trump taps loan programme he tried kill to help mineral mining

By: Bloomberg     Updated 7 hours ago The Trump administration is tapping an Energy Department clean-energy loan program it tried to kill to help uranium producers, as well as miners of other minerals deemed critical by the administration. The Energy Department announced Tuesday that it will issue guidance giving preference to... 

Pilbara's play for Pilgangoora becomes official

By: Esmarie Iannucci     1st December 2020 Lithium miner Pilbara Minerals has entered into a share sale agreement with the administrators of fellow listed Altura Mining to gain ownership of Altura’s Pilgangoora lithium project, in Western Australia, for $175-million. The ASX-listed Pilbara Minerals has also proposed a deed of company... 

Tianqi Lithium gets one-month reprieve on $1.9bn loan repayment

By: Reuters     1st December 2020 China's Tianqi Lithium said on Monday it had signed a letter with a syndicate of banks to extend by a month the maturity date on $1.884-billion of loans that were due for repayment at the end of November. Tianqi, one of the world's top producers of lithium chemicals used in electric-vehicle... 

WA lithium miners given tax reprieve

By: Esmarie Iannucci     1st December 2020 The resources sector has welcomed the Western Australian government’s temporary assistance to three lithium mineral producers in the state, to support spodumene concentrate production and to protect jobs in the region. Mines, Petroleum and Energy Minister Bill Johnston has announced that Galaxy... 

Mining can retake investor darling status by going green – Frandsen  

By: Martin Creamer     30th November 2020 The taking of clear sustainability steps can make mining the darling of the investor community once again. Mining cannot participate in anything that leaves the world a worse place and needs to be cognisant of what it takes to have a licence to operate. Mining must have a smaller carbon... 

Mining can retake investor darling status by going green – Frandsen
Pallinghurst Group Managing Partner and Co-Founder Arne Frandsen interviewed by Mining Weekly’s Martin Creamer on the current demand for sustainable mining. Video: Darlene Creamer.

Govt study into local lithium-ion battery value chain almost complete 

By: Irma Venter     27th November 2020 A study into the possible development of a lithium-ion (li-ion) battery value-chain in South Africa will be completed by the end of the year. The study is being undertaken by Trade and Industrial Policy Strategies (TIPS), on behalf of the Department of Trade, Industry and Competition (DTIC). It... 

Govt study into local lithium-ion battery value chain almost complete
Gaylor Montmasson-Clair

Livent opts out of E3 joint development

By: Mariaan Webb     27th November 2020 Lithium technology group Livent has withdrawn from a joint development agreement with emerging lithium developer E3 Metals, citing resource and capital allocation considerations. Although opting out, Livent has expressed confidence in E3’s technology and the Leduc aquifer, the junior says. 

Palladium-dominant Waterberg project's advance is primary objective –­ PTM 

By: Martin Creamer     26th November 2020 The advancement of the palladium-dominant Waterberg Project to a development and construction decision is the primary business objective of Platinum Group Metals (PTM), for which construction funding and concentrate offtake arrangements are being pursued. The Toronto- and New York-listed company,... 

Palladium-dominant Waterberg project's advance is primary objective –­ PTM
Platinum Group Metals CEO Michael Jones.

Galaxy completes institutional placement

By: Esmarie Iannucci     26th November 2020 Lithium miner Galaxy Resources has successfully completed its share placement and institutional entitlement offer to raise an initial A$124-million of its planned A$161-million. Galaxy earlier this week announced plans to raise A$161-million through a 1-for-14 fully underwritten pro-rata... 

IronRidge records positive metallurgical test results at Ewoyaa

By: Tasneem Bulbulia     25th November 2020 Aim-listed IronRidge Resources has reported additional “very positive” metallurgical test results from the Ewoyaa project within its Cape Coast lithium portfolio in Ghana, West Africa. Additional test work has been completed to improve lithium recoveries in coarse grained type P1 and finer... 

Anglo praised for blazing decarbonised mining trail with hydrogen truck project  

By: Martin Creamer     25th November 2020 The electrolyser that will generate renewable hydrogen for the world’s largest hydrogen fuel cell electric vehicle project has been delivered to site by Nel Hydrogen Electrolyser AS, as part of the joint partnership with ENGIE and Anglo American, announced last year. ENGIE is providing the... 

Anglo praised for blazing decarbonised mining trail with hydrogen truck project
Nel Hydrogen Electrolyser Senior Vice President Business Development David Bow interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Galaxy raises cash for Argentina development

By: Esmarie Iannucci     25th November 2020 Lithium miner Galaxy Resources has announced plans to raise A$161-million to fund the Stage 1 development of its Sal de Vida project, in Argentina. The ASX-listed miner on Wednesday told shareholders it would undertake a 1-for-14 fully underwritten pro-rata accelerated non-renounceable... 

Kodal starts gold exploration drilling in Côte d'Ivoire

By: Marleny Arnoldi     23rd November 2020 Having entered into two financing agreement with Riverfort Global Opportunities and a hedge fund operated by Yorkville Advisors Global, Aim-listed Kodal Minerals says it is well-funded to start gold exploration this month in Côte d'Ivoire. The company will explore for gold mineralisation at the... 

Coal mine on point of turning acid mine drainage into potable water at no cost  

By: Martin Creamer     23rd November 2020 An Mpumalanga coal mine is on the point of entering into an agreement before year-end to have its acid mine drainage water curse turned into potable water at no cost, Mining Weekly can today report. Recovered potassium nitrate, which retails at about R15 000/t and which is marketed at about R11... 

Coal mine on point of turning acid mine drainage into potable water at no cost
Trailblazer Technologies director John Bewsey interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Albemarle and 27 others push for 100% EV sales by 2030

By: Mariaan Webb     20th November 2020 The world’s largest lithium producer, Albemarle, has teamed up with 27 other organisations to form a US-based coalition committed to achieving 100% electric vehicle (EV) sales by 2030. Known as ZETA, the diverse, nonpartisan group has 28 founding members, including ABB, Con Edison, Duke Energy,... 

Albemarle and 27 others push for 100% EV sales by 2030

SQM pulls trigger on lithium expansion in volume-over-price bet

By: Bloomberg     20th November 2020 SQM, the biggest lithium producer after Albemarle, is moving ahead with plans to more than double capacity in a bet that accelerating electric-vehicle demand will tighten an oversupplied market for the battery metal. Reporting lower-than-expected third-quarter earnings and forecasting flat... 

SQM pulls trigger on lithium expansion in volume-over-price bet

Africa has opportunity in battery metals space, says panel

By: Simone Liedtke     17th November 2020 Despite analyst fears at the start of this year that countries could shift their focus away from reducing carbon emissions, business intelligence firm CRU senior analyst George Heppel says much of the year has been focused on green recovery concepts. Speaking during this year’s virtual Africa... 

Piedmont targets more ground in the US

By: Esmarie Iannucci     17th November 2020 Lithium developer Piedmont Lithium will expand its current drilling campaign by an additional 25 000 m, the company said on Tuesday, with three additional drill rigs arriving over the coming weeks. “We are excited to be aggressively expanding our drill programme with five drill rigs soon to be... 

E3 stock soars on Alberta lithium PEA results

By: Mariaan Webb     17th November 2020 Lithium project developer E3 Metals has announced the results of a preliminary economic assessment (PEA) for its Clearwater lithium project, outlining plans to produce 20 000 t/y of battery-quality lithium hydroxide monohydrate (LHM) over 20 years. The project has an aftertax net present value,... 

E3 stock soars on Alberta lithium PEA results
E3 CEO Chris Doornbos

Tianqi Lithium says no cash flow improvement as debt clock ticks

By: Reuters     16th November 2020 China's Tianqi Lithium said on Friday its financial situation has not improved in recent weeks as a major repayment deadline on a $3.5-billion loan looms and its application to adjust the terms is still under review. Chengdu-based Tianqi Lithium, one of the world's biggest producers of the... 

Ganfeng shows confidence in Sonara

By: Mariaan Webb     13th November 2020 Chinese lithium firm Ganfeng has exercised its option to up its stake in the holding company of the Sonara project, in Mexico, from 22.5% to 50%. London-listed Bacanora Lithium reported on Friday that Ganfeng would subscribe for shares worth £21.8-million (73 955 680 shares at 29.59p) in Sonara... 

Ganfeng shows confidence in Sonara

Chile vows to take lithium giant Albemarle to arbitration over royalty spat

By: Reuters     13th November 2020 Chilean regulators have accused Albemarle, the world's largest lithium producer, of underpaying royalties by $11-million and vowed to take the US-based miner to international arbitration over what they called a breach of its contract with the government. Corfo, which oversees Albemarle's... 

Glencore tests market for self-generation solutions at chrome, vanadium operations  

By: Terence Creamer     12th November 2020 Mining group Glencore has issued a pre-qualifying tender for companies interested in supplying ‘alternative green’ electricity and storage solutions to its chrome and vanadium operations in South Africa. In the tender notice, Glencore Alloys states that the generation facilities should have a... 

Glencore tests market for self-generation solutions at chrome, vanadium operations

WEF seeks to start a multistakeholder dialogue on deep-sea mining

By: Tasneem Bulbulia     11th November 2020 A new way to meet the growing demand for minerals critical to electric vehicle, electronics and battery manufacturers could become commercially available within this decade, says the World Economic Forum (WEF). It notes that significant public and private investment have gone into investigating... 

WEF seeks to start a multistakeholder dialogue on deep-sea mining

Nigerian billionaire plans to dig platinum mine in Zimbabwe

By: Bloomberg     11th November 2020 Bravura Holdings, owned by Nigerian billionaire Benedict Peters, has $1-billion available for the development of a platinum mine in Zimbabwe, its country manager said. The 3 000 ha concession where it plans to dig the mine is in Selous, 80 km south of Zimbabwe’s capital Harare and close to... 

Galaxy completes offtake agreement

By: Esmarie Iannucci     11th November 2020 Lithium miner Galaxy Resources has inked a three-year spodumene concentrate offtake agreement with China’s Sichuan Chengtun Lithium Company, a wholly owned subsidiary of Chengxin Lithium Group. Chengzin has agreed to purchase some 60 000 t/y of spodumene concentrate from the Mt Cattllin... 

Piedmont runs pilots in Canada

By: Esmarie Iannucci     11th November 2020 Lithium developer Piedmont on Wednesday announced plans to partner with Ontario-based SGS Canada to complete a pilot-scale spodumene concentrator test work programme using bulk samples collected from its namesake project in North Carolina. The pilot test work will be completed on a 50 t sample... 

Platinum-linked green hydrogen economy right for Africa, says project manager  

By: Martin Creamer     10th November 2020 The long value chain of green hydrogen economy has the potential to create a multiplicity of jobs and open up the market for investment possibilities for the Southern African region into what is expected to become a multi-trillion-dollar global decarbonisation market. Forschungszentrum Jülich... 

Platinum-linked green hydrogen economy right for Africa, says project manager
Mining Weekly’s Martin Creamer is given update on platinum-linked green hydrogen. Video: Darlene Creamer.

Livent invests in Nemaska with Pallinghurst

By: Mariaan Webb     6th November 2020 New York-listed Livent on Thursday announced that it would invest in New Nemaska through a joint venture with investment manager Pallinghurst Group, with both companies set to equally own Quebec Lithium Partners (QLP). QLP owns a 50% equity ownership in New Nemaska, which will continue the... 

Livent invests in Nemaska with Pallinghurst
The Whabouchi project in northern Quebec

Codelco proceeds with lithium plans at Maricunga after regulator approval

By: Reuters     6th November 2020 Chile State miner Codelco said on Thursday it would press ahead with a plan to search for lithium in its Maricunga salt flat holdings after receiving a green light from local environmental regulators. Codelco said in a statement that its plan had been approved by the Atacama Environmental... 

Albemarle forecasts full-year profit above estimates

By: Reuters     5th November 2020 Lithium miner Albemarle forecast full-year profit above estimates on Wednesday, but warned that the company's annual performance will be subdued, following reduced global economic activity due to the global pandemic. Lithium producers raised output last year in anticipation of a demand rush from... 

e-mobility, EVs present opportunities for SADC, but action required

By: Tasneem Bulbulia     4th November 2020 The uptake of e-mobility and electric vehicles (EVs) is set to increase globally and this provides a myriad of opportunities for the Southern African Development Community (SADC) region, especially given its endowment of natural resources used in the production of the batteries used in these... 

NAL process relaunched - Sayona

By: Esmarie Iannucci     4th November 2020 ASX-listed Sayona Mining will have to resubmit its bid for North American Lithium (NAL) after Quebec’s Superior Court approved a request to extend the bidding process until January 22 next year. The extension has resulted in the bidding process being relaunched, and would require all interested... 

NAL process relaunched - Sayona

Clean, green copper of N Cape will be produced at nigh zero cost – Orion 

By: Martin Creamer     3rd November 2020 The clean, green copper that Orion Minerals will mine with the help of the Northern Cape’s hot sun and prime wind will be almost free of cost, paid for by the zinc credits, Orion Minerals CEO Errol Smart said on Tuesday. “If you take it as a copper mine only, net of zinc credits, we come close to... 

Clean, green copper of N Cape will be produced at nigh zero cost – Orion
Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Exploration is priority, says Mineral Resources Minister Gwede Mantashe  

By: Martin Creamer     3rd November 2020 South Africa should be an exploration site that contributes to gross domestic product growth and employment creation. “Exploration is the way to go and a priority,” Mineral Resources and Energy Minister Gwede Mantashe told the 2020 Junior Indaba in his keynote address on Tuesday. (Also watch... 

Exploration is priority, says Mineral Resources Minister Gwede Mantashe
The Junior Indaba covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Plateau Energy raises $600m for Peru's delayed lithium project

By: Reuters     2nd November 2020 Canada's Plateau Energy Metals has raised nearly $600-million to develop Peru's sole lithium project and expects to start mining in 2023, a year later than planned, as the country lags its neighbours in developing the battery mineral, a company official said. Argentina, Bolivia and Chile are... 

Flow-through must not only incentivise exploration but also market participation – Miller 

By: Martin Creamer     2nd November 2020 A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors. Mining supply sales consultancy AmaranthCX director Paul Miller... 

Flow-through must not only incentivise exploration but also market participation – Miller
Photo by Creamer Media
Mining supply sales consultancy AmaranthCX director Paul Miller

Lepidico to acquire Bright Minz, LOH-Max process technology

By: Creamer Media Reporter      30th October 2020 ASX-listed Lepidico has entered into an agreement with the shareholders of Bright Minz to acquire all of the issued share capital of Bright Minz. Bright Minz is the holder of the LOH-Max process technology, which was developed for the production of high-purity lithium hydroxide monohydrate from a... 

1
2 3 4 5 6 7 8 9

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Close