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Lithium News

Albemarle says 'interested' in Tianqi's stake in Greenbushes lithium mine

By: Reuters     7th May 2020 Albemarle said on Thursday it was interested in buying all or part of Tianqi Lithium's controlling stake in Australia's Greenbushes, the world's largest lithium mine. Already the world's largest producer of lithium for electric vehicle batteries, Albemarle would cement its control over the... 

Judgment reserved at Mining Charter review hearing 

By: Martin Creamer     7th May 2020 A full bench has heard the application for a judicial review of certain aspects of the Mining Charter gazetted in September 2018. Judge President Mlambo, judges Vally and  Van Der Schyff reserved judgment on the application lodged by the Minerals Council South Africa on March 27, 2019, when the... 

Judgment reserved at Mining Charter review hearing
Photo by Creamer Media
Minerals Council South Africa building in central Johannesburg.

Albemarle pulls 2020 forecast, cuts budget due to coronavirus

By: Reuters     7th May 2020 Albemarle, the world's largest producer of lithium for electric vehicle batteries, cut its 2020 budget and pulled its annual forecast on Wednesday as sales drop amid the global spread of the coronavirus. The steps reflect the first concrete signs that the lithium industry is beginning to feel... 

Neometals launches downstream study in India

By: Esmarie Iannucci     5th May 2020 ASX-listed Neometals has partnered with Indian company Manikaran Power to conduct a feasibility study (FS) evaluating a lithium hydroxide refinery in India. The FS would be based on a nominal capacity of 20 000 t/y of lithium hydroxide. 

AVZ welcomes new Chinese shareholder

By: Esmarie Iannucci     4th May 2020 Lithium developer AVZ Minerals will raise A$10.6-milliion through a share placement to China’s Yibin Tianyi Lithium Industry, which will take a 9% stake in the Australian firm. Under the placement agreement, Yibin Tianyi will subscribe for 237.5-million shares in AVZ, priced at 4.5c each. While... 

Another permit granted at Cinovec

By: Esmarie Iannucci     30th April 2020 The Czech Ministry of the Environment has granted a preliminary mining permit for the northwestern part of the Cinovec deposit, ASX-listed European Metals said. The permit, which has been issued for a period of eight years, is a necessary legal prequalification before obtaining a final mining... 

Argentina's Kachi lithium project to cost $544m

By: Esmarie Iannucci     30th April 2020 A prefeasibility study (PFS) into the Kachi lithium brine project, in Argentina, has found that the project could support an annual production of 25 500 t/y of battery grade lithium carbonate over a mine life of 25 years. ASX-listed Lake Resources on Thursday said that the PFS estimated a... 

Rhyolite Ridge DFS puts it on the map - ioneer

By: Esmarie Iannucci     30th April 2020 The Rhyolite Ridge lithium/boron project, in Nevada, would require a capital investment of some $785-million, a definitive feasibility study (DFS) has found. ASX-listed ioneer on Thursday told shareholders that the DFS placed Rhyolite Ridge as the single most attractive project for the... 

Morale high as Covid-masked South African miners get back to work 

By: Martin Creamer     28th April 2020 Morale is reportedly high as Covid-masked and physically distanced South African mineworkers get back to mining underground for companies that have gone the extra mile to ensure that they have been fully remunerated and host communities generously funded during the national lockdown. In a... 

Morale high as Covid-masked South African miners get back to work
Mineworkers with personal protective equipment.

Opencast mines may return to 100% of capacity from May 1 – Patel

By: Martin Creamer     27th April 2020 Opencast mines are permitted to return in phases to 100% operation from May 1 but underground mines must continue at 50% of production capacity, Trade and Industry Minister Ebrahim Patel said on Saturday. Speaking during a media briefing covered by Mining Weekly on South Africa’s easing from the... 

Opencast mines may return to 100% of capacity from May 1 – Patel
Openast mines like this one may return to 100% production capacity.

Learning curve still too steep to define ‘best practice’ mining response

By: Martin Creamer     27th April 2020 The rapidly evolving Covid-19 crisis learning curve is still too steep to conclusively define what a ‘best practice’ response looks like from the mining industry, says the International Council on Mining and Metals (ICMM), which is facilitating a rapid exchange of information and knowledge to... 

Learning curve still too steep to define ‘best practice’ mining response
ICMM CEO Tom Butler

Lithium miner SQM warns plans could change as coronavirus hits demand

By: Reuters     24th April 2020 Chilean miner SQM said on Thursday the coronavirus outbreak had yet to hit its lithium output, but warned it might have to scale back plans for 2020 if a slump continues in demand for the coveted battery metal. The world´s No. 2 miner of lithium had planned to unleash at least $330-million in... 

Czech Republic lithium project now fully funded to construction

By: Donna Slater     23rd April 2020 Shareholders in Australia- and UK-listed European Metals Holdings (EMH) have approved energy group CEZ’s investment in the Cinovec project, paving the way for the lithium and tin project, in Czech Republic, to be developed. CEZ will invest €29.1-million for a 51% equity interest in Geomet –... 

Firm directive to ensure safe mining resumption

By: Martin Creamer     23rd April 2020 The Department of Mineral Resources and Energy (DMRE) on Thursday issued a firm directive to all mining operations to ensure safe start-up procedures as the sector prepares to ramp up to 50% of capacity. Mining Weekly can report that the directive is issued to ensure compliance with Section 5(1)... 

Firm directive to ensure safe mining resumption
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe.

Galaxy launches soft start

By: Esmarie Iannucci     23rd April 2020 Lithium miner Galaxy Resources’ produced 14 306 t of lithium concentrate from its Mt Cattlin operation, in Western Australia, during the three months to March, as the company’s operational change to meet softening market demand, kicked off. Galaxy previously announced plans to cut back on... 

Orocobre sales and production fall

By: Esmarie Iannucci     22nd April 2020 Lithium miner Orocobre has reported a difficult quarter in the three months to March, with production down 11%, to 2 732 t at its Olaroz lithium facility, in Argentina. Orocobre on Wednesday noted that quarantine restrictions imposed by the Argentine government to combat the spread of Covid-19,... 

Masters takes top job at Albemarle

By: Donna Slater     21st April 2020 Following the retirement of specialty chemicals company Albemarle’s chairperson, president and CEO Luke Kissam, who had to leave owing to health reasons, the company on Monday appointed, with immediate effect, Kent Masters as new chairperson, president and CEO. Kissam will stay on through June... 

Masters takes top job at Albemarle
Kent Masters

Manono to cost $545m - AVZ

By: Esmarie Iannucci     21st April 2020 A definitive feasibility study (DFS) into the Manono lithium/tin project, in the Democratic Republic of Congo, has estimated that it would produce around 700 000 t/y high grade lithium and 45 475 t/y of primary lithium sulphate over a 20-year mine life. ASX-listed AVZ Minerals told shareholders... 

Orocobre clinches Advantage deal

By: Esmarie Iannucci     20th April 2020 Dual-listed lithium miner Orocobre has completed the acquisition of Advantage Lithium. Orocobre in February inked a definitive agreement to acquire Advantage, offering that company’s shareholders 0.142 Orocobre shares for every one Advantage share held, valuing the takeover target’s shares at... 

Tianqi Lithium says weighing asset sales, strategic investors to slice debt

By: Reuters     17th April 2020 Tianqi Lithium, one of the world's top lithium producers, said on Friday it was exploring selling equity and assets, as well as bringing in strategic investors to address liquidity problems but that no agreements had yet been signed. The Chinese company, which is set to post heavy losses in... 

Impala CE granted bail after appearance on Covid-19 charge 

By: Martin Creamer     17th April 2020 The arrest of the chief executive of Implats' Implala Platinum Rustenburg mining operations was on Friday welcomed by the Mineral Resources and Energy Parliamentary chairperson Sahlulele Luzipo, who on Thursday called on law enforcement agencies to act decisively against mining executives who... 

Impala CE granted bail after appearance on Covid-19 charge
Photo by Creamer Media
Impala Platinum Rustenburg CE Mark Munroe

Minerals Council welcomes revised Covid-19 regulations

By: Martin Creamer     16th April 2020 The Minerals Council South Africa on Thursday welcomed the amendments to the Disaster Management Act regulations as they pertain to mining. These regulations allow a phase-up in mining capacity to 50% during the lockdown period, but with all the preventative and mitigating controls in place to... 

Minerals Council welcomes revised Covid-19 regulations
Minerals Council CEO Roger Baxter

Mining may resume at 50% capacity – Minister 

By: Martin Creamer     16th April 2020 All mining operations, excluding collieries supplying Eskom which have been permitted to operate at full capacity throughout national lockdown, may now resume at 50% capacity during the remaining lockdown days, Mineral Resources and Energy Minister Gwede Mantashe said on Thursday. Thereafter,... 

Mining may resume at 50% capacity – Minister
Photo by Veronica Creamer
Mineral Resources Minister Gwede Matashe during virtual media conference.

Argentina's fledgling lithium sector clipped by coronavirus

By: Reuters     16th April 2020 Argentina's fledgling lithium sector has been torpedoed by the global spread of coronavirus, with operations stalled by a nationwide crackdown and some projects being abandoned as the pandemic has sharpened economic concerns in the country. Argentina is part of South America's so-called "lithium... 

Argentina's fledgling lithium sector clipped by coronavirus

China’s EV slowdown deepens debt woes at top lithium supplier

By: Bloomberg     15th April 2020 The global health crisis has deepened financial troubles at one of China’s biggest producers of lithium used in electric vehicle batteries. The pandemic is set to batter this year’s demand for the material that’s vital in powering new energy transport. Prices are at four-year lows, and a... 

China’s EV slowdown deepens debt woes at top lithium supplier

Advantage shareholders back Orocobre play

By: Esmarie Iannucci     15th April 2020 The shareholders of Canadian takeover target Advantage Lithium have overwhelmingly voted in favour of a takeover from dual listed lithium miner Orocobre. Orocobre in February inked a definitive agreement to acquire Advantage, offering that company’s shareholders 0.142 Orocobre shares for every... 

Too early to comment on when mining will resume – Minerals Council

By: Martin Creamer     9th April 2020 Comment on when mining industry operations will resume is premature but what is certain is that when resumption does occur, it will not be business as usual, Minerals Council South Africa said on Thursday. Noting reports on the resumption of mining operations after 16 April, Minerals Council... 

Orocobre restarts work in Argentina

By: Esmarie Iannucci     9th April 2020 Lithium miner Orocobre has restarted production at its Olaroz and Boraz operations, in Argentina, after the government declared the operations at ‘essential’ activities. However, on-site operations for the Stage 2 expansion of Olaroz remain suspended. Operations were suspended in March after... 

Sayona's Canada lithium project still on time

By: Esmarie Iannucci     9th April 2020 ASX-listed Sayona Mining on Thursday said that the approvals process for its Authier lithium project remained on track, after receiving feedback from Quebec’s Ministry of the Environment and the Fight against Climate Change over its environmental impact study (EIS) for the project. The EIS was... 

Eramet mothballs Argentina lithium project

By: Mariaan Webb     8th April 2020 French group Eramet is mothballing its lithium project in Argentina, announcing on Wednesday that its board had decided not to engage the construction of the lithium production plant. The company in February already placed the project on hold, citing economic and regulatory uncertainty in the... 

Eramet mothballs Argentina lithium project

Kodal warns shareholders of limited work on Bougouni this year

By: Marleny Arnoldi     7th April 2020 As travel restrictions are impacting on Aim-listed Kodal Minerals’ ability to conduct or partake in necessary meetings, the company has advised that it cannot say when its financial and Ministerial review meeting will take place, nor the overall mining licence application process. The company... 

NT approves first lithium project

By: Esmarie Iannucci     3rd April 2020 The Northern Territory government has approved ASX-listed Core Lithium’s mine management plan for its proposed Finniss lithium project. The Northern Territory’s Primary Industry and Resources Minister Paul Kirby said that it was the first ever lithium mine to be approved outside of Western... 

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

By: Donna Slater     30th March 2020 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 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... 

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