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Lithium News

Firefly and Gascoyne firm up demerger plans

By: Esmarie Iannucci     8th July 2021 ASX-listed gold developers Gascoyne Resources and Firefly Resources have inked a binding demerger implementation agreement for the demerger of certain assets into a newly incorporated subsidiary of Firefly. The two companies in June this year struck a merger agreement under which Gascoyne would... 

Ganfeng gets green light for Argentina lithium plant

By: Reuters     7th July 2021 China's Ganfeng Lithium on Tuesday said its subsidiary had received approval to build a 20 000 t/y lithium plant for its Mariana project in northern Argentina, where it intends to use solar power. Ganfeng, one of the world's top producers of lithium chemicals for electric-vehicle batteries, said... 

Eramet says Europe must help its miners gain access to EV metals

By: Bloomberg     5th July 2021 France’s Eramet said governments in Europe must help the region’s mining companies gain greater access to metals needed for car batteries, since such resources are mostly found on other continents. Demand for battery raw materials such as nickel, lithium and cobalt is surging as carmakers... 

More research, development needed for battery recycling to become viable

By: Tasneem Bulbulia     5th July 2021 Mine supply is likely to remain the predominant source of lithium for many years to come, with battery recycling only expected to become a viable alternative supply sourced beyond 2030, Fitch Solutions Country Risk & Industry Research reports. In a new report, the agency states that the growth of... 

India gives aluminium battery a chance to take on lithium in EVs

By: Bloomberg     5th July 2021 A drive to reduce dependence on imported materials and technology, especially from China, is pushing India to invest in a battery technology that uses aluminum rather than lithium as the key ingredient. Indian Oil, the nation’s largest oil refiner, has teamed up with startup Phinergy to develop... 

GM moves to source lithium in US for its EV batteries

By: Mariaan Webb     5th July 2021 US-based auto giant General Motors (GM) has struck a deal to secure local and low-cost lithium for its electric vehicle (EV) batteries. The company has announced a multi-million-dollar investment in unlisted Controlled Thermal Resources’ (CTR’s) Hell’s Kitchen project, in California, giving it... 

GM moves to source lithium in US for its EV batteries

Galan confirms higher output for HMW

By: Esmarie Iannucci     5th July 2021 A review at lithium developer Galan Lithium’s Hombre Muerto West (HMW) project, in Argentina, has confirmed that the production rate could increase up to 25 000 t/y of lithium carbonate equivalent. Galan earlier this year said that it was looking at options of expanding production at the HMW... 

Mining vital to economy, can help guide country's path – President 

By: Martin Creamer     5th July 2021 Mining is vital to the South African economy and the opportunities that exist in mining can help guide the country’s path to a more inclusive and equitable economy, President Cyril Ramaphosa stated on Monday. Writing in his From the Desk of the President column, Ramaphosa placed mineral and... 

President Cyril Ramaphosa
President Cyril Ramaphosa

China's first exchange-traded lithium contract to launch on July 5

By: Reuters     2nd July 2021 China's Wuxi Stainless Steel Exchange said on Friday trading in its new lithium contract - the country's first bourse-based offering for the key ingredient in electric-vehicle (EV) batteries - would begin on July 5. The front-month Wuxi contract for physically delivered lithium carbonate will be... 

AVZ raises A$40m to enlarge Manono stake

By: Esmarie Iannucci     2nd July 2021 ASX-listed AVZ Minerals will raise A$40-million in a share placement to sophisticated, professional and institutional investors, to fund work at its Manono lithium and tin project, in the Democratic Republic of Congo. The placement will consist of more than 307.6-million shares, which will be... 

Sibanye-linked Finnish developer takes next step towards battery-grade lithium goal 

By: Martin Creamer     1st July 2021 Finnish lithium project developer Keliber, in which South Africa’s Sibanye-Stillwater is a significant shareholder, this week took a new step towards its goal of becoming the first European company to start producing battery-grade lithium hydroxide in 2024. Construction of the infrastructure and... 

The initlally opencast Rapasaari mine will eventually go underground.
The initlally opencast Rapasaari mine will eventually go underground.

Piedmont to support IronRidge in fast-tracking Ghana lithium project

By: Marleny Arnoldi     1st July 2021 Aim-listed IronRidge Resources has entered into a conditional binding agreement with Nasdaq-listed Piedmont Lithium to fully fund and fast-track the Ewoyaa lithium project, in Ghana, to production. Piedmont is a US integrated supplier of raw materials, particularly supporting the electric... 

Biggest lithium maker ups game in race to power electric cars

By: Bloomberg     1st July 2021 Albemarle, the world’s biggest producer of lithium, is fast-tracking advanced forms of the metal that could result in better batteries for electric vehicles. A new lab in North Carolina will develop lithium products two to three times faster than previously, chief technology officer Glen Merfeld... 

Prospect cuts the ribbon at its pilot plant

By: Esmarie Iannucci     1st July 2021 Junior Prospect Resources has officially opened its pilot project at its Arcadia lithium project, in Zimbabwe. The pilot plant includes a two-stage crushing plant and single dense media separator plant capable of producing technical grade petalite products, and could be repurposed to process the... 

IGO completes A$1.9bn Tianqi JV

By: Esmarie Iannucci     30th June 2021 ASX-listed Independence Group (IGO) has completed a A$1.9-billion joint venture (JV) transaction with lithium producer Tianqi Lithium Corporation over its Australian lithium assets. Under the terms of the JV agreement, IGO and Tianqi have formed a new globally focused lithium JV which is owned... 

ioneer secures first lithium offtake

By: Esmarie Iannucci     30th June 2021 Lithium developer ioneer has signed a binding offtake agreement with Korea’s EcoPro Innovation, to supply lithium carbonate from the Rhyolite Ridge lithium-boron project, in Nevada. Under the three-year agreement, ioneer would provide a total of 7 000 t/y of lithium carbonate, comprising an... 

Court approves Sayona's bid for NAL

By: Esmarie Iannucci     30th June 2021 The Superior Court of Québec has approved ASX-listed Sayona Mining’s joint C$196.1-million bid with lithium miner Piedmont Lithium for North American Lithium (NAL). Sayona earlier this month revealed that its bid for NAL could only proceed with the Superior Court approval, and that the company... 

Court approves Sayona's bid for NAL

Lithium nationalism is taking root in region with most resources

By: Bloomberg     29th June 2021 Politicians in Latin America, a region that accounts for more than half the world’s lithium resources, are looking to increase the role of the state in an industry that’s crucial for weaning the world off fossil fuels. In Argentina, state energy companies are entering the lithium business as... 

Iron-ore drives Aus exports to record highs

By: Esmarie Iannucci     28th June 2021 New data from the Office of the Chief Economist has estimated that Australia’s resources and energy exports would reach a record A$310-billion in 2020-21, with nearly half of the earnings coming from iron-ore alone. Exports are expected to increase further to A$334-billion in 2021-22, before... 

Iron-ore drives Aus exports to record highs

Firefinch completes major capital raise

By: Esmarie Iannucci     28th June 2021 ASX-listed Firefinch has completed a share placement to raise A$47-million. The company earlier this month announced plans to place some 117-million new shares, at a price of 40c each, to fund the ramp-up of production at its Morila gold mine, in Mali, to 200 000 oz of gold by 2024, accelerate... 

Ganfeng says lithium could return to boom-time highs

By: Bloomberg     25th June 2021 Ganfeng Lithium, the lithium supplier that’s extending an acquisition spree, says there’s a chance that a tightening market for the battery metal could push prices back toward a record high. The world’s third-largest producer of lithium chemicals, used in batteries for electric vehicles to... 

Prospect starts production from Zim pilot plant

By: Esmarie Iannucci     25th June 2021 Lithium junior Prospect Resources has started production at its Arcadia pilot plant, in Zimbabwe. Prospect told shareholders on Friday that the company was now focused on using the high purity petalite samples produced from the pilot plant, and the spodumene samples produced in a partner... 

Pilbara approves A$39m restart of Altura lithium ops

By: Esmarie Iannucci     25th June 2021 The board of lithium miner Pilbara Minerals has approved a staged restart of the Ngungaju operations, in Western Australia, at a cost of A$39-million. The Ngungaju project formed part of the now defunct Altura Mining’s lithium assets in the region, which Pilbara acquired through a $175-million... 

Pilbara approves A$39m restart of Altura lithium ops

Firefinch raises A$47m for Morila and Goulamina plans

By: Esmarie Iannucci     24th June 2021 ASX-listed Firefinch has launched a A$47-million capital raise to fund the ramp-up of production at its Morila gold mine, in Mali, to 200 000 oz of gold by 2024. The company will place some 117-million new shares, at a price of 40c each under its existing placement capacity.  

Ardiden to form lithium JV in Ontario

By: Esmarie Iannucci     23rd June 2021 Gold explorer Ardiden on Wednesday reported that Great Northern Lithium had exercised an A$8.7-million option to form a lithium joint venture. The ASX-listed company in May agreed to an exclusive option with Great Northern Lithium to potentially sell 80% of its lithium portfolio. The company... 

Sayona’s bid for North American Lithium contested

By: Mariaan Webb     22nd June 2021 Australia-based Sayona Mining on Tuesday revealed that its bid for North American Lithium (NAL) was being contested, hitting its share price. Sayona explained that its proposed acquisition of NAL could only proceed with the Superior Court of Quebec’s approval. The company said that NAL and its... 

Sayona’s bid for North American Lithium contested

Zinnwald takes full ownership of late-stage German lithium project

By: Mariaan Webb     22nd June 2021 UK-headquartered Zinnwald Lithium on Tuesday announced that it would buy the remaining 50% of Deutsche Lithium from the estate of SolarWorld Aktiengesellschaft for €8.8 million. Deutsche Lithium is developing the advanced Zinnwald project, in Germany. 

Zinnwald takes full ownership of late-stage German lithium project

IGO's transaction with Tianqi proceeding apace

By: Esmarie Iannucci     22nd June 2021 ASX-listed Independence Group (IGO) on Tuesday told shareholders that its transaction with lithium producer Tianqi Lithium Corporation was progressing, as the internal restructure of that company’s Australian arm has now been approved. The internal restructure of the Australian arm of Tianqi was... 

Companies cooperate to put to market lithium industry-focussed power system

By: Donna Slater     21st June 2021 Technology group Wärtsilä and energy management and automation company Schneider Electric have developed an end-to-end power system reference design, aimed specifically at lithium mine operations where there is no access to a grid supply of electricity. The solution contributes to sustainable... 

Cornish Lithium raises £6m in crowdfunding for projects

By: Creamer Media Reporter      21st June 2021 UK-based exploration and development firm Cornish Lithium has raised another £6-million in crowdfunding to progress its geothermal and hard rock projects in Cornwall. The company on Monday opened the opportunity to pre-registered investors and reached its target within 20 minutes. 

Ganfeng to invest in solar-powered lithium project in Argentina

By: Reuters     21st June 2021 China's Ganfeng Lithium , one of the world's top producers of the commodity used in electric-vehicle batteries, on Friday said it would invest in a solar-powered lithium plant in northern Argentina. Ganfeng will use a 120-MW photovoltaic system to generate electricity for a lithium extraction... 

Firefinch fleshes out Goulamina deal

By: Esmarie Iannucci     16th June 2021 ASX-listed Firefinch on Wednesday unveiled details of its $130-million transaction with the world’s largest lithium developer Jiangxi Ganfeng Lithium Co to establish a joint venture (JV) at the Golamina project, in Mali. Under the terms of the agreement, Ganfeng would make a $130-million cash... 

Volkswagen seeks partners for battery materials race

By: Reuters     16th June 2021 Volkswagen is in talks with suppliers to secure direct access to raw materials for electric vehicle (EV) batteries via partnerships, one of its board members told Reuters on Tuesday. The world's second biggest carmaker is trying to exert more control over key components in its supply chain such... 

Volkswagen seeks partners for battery materials race

300-plus vehicle fleets assessed for cleaner, safer mine mobility in five regions – ICMM 

By: Martin Creamer     15th June 2021 As part of the cleaner, safer vehicles initiative of the International Council on Mining and Metals (ICMM), more than 300 vehicle fleets have been assessed for cleaner, safer mobility on more than 300 mines in five regions globally, ICMM health, safety and product stewardship director Sarah Bell... 

ICMM health, safety and product stewardship director Sarah Bell
International Council on Mining and Metals’ Sarah Bell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Spearmint announces Clayton Valley lithium resource estimate

By: Creamer Media Reporter      15th June 2021 Canadian junior explorer Spearmint Resources can add its name to the list of companies with an in-ground resource estimate in Clayton Valley, Nevada, which continue to attract global attention as a sought-after lithium address in the US, hosting the only producing lithium deposit in North... 

China's Ganfeng to pay $130m for stake in Mali lithium mine

By: Reuters     14th June 2021 Ganfeng Lithium, one of the world's biggest lithium producers, said on Monday it would pay $130-million for a stake in the Goulamina hard-rock mine in Mali and take at least half of its first-phase output. The purchase marks the Chinese firm's first investment in lithium mining in Africa as it... 

White House highlights manganese as potential preferred battery element contender  

By: Martin Creamer     14th June 2021 The White House document on revitalising American manufacturing and fostering broad-based economic growth pays particular attention to South Africa as the world’s largest supplier of manganese, and to manganese as a potential preferred battery element contender, Mining Weekly can today report.... 

The White House on building supply chains.
Photo by Creamer Media
The White House on building supply chains.

Ex-AngloGold CEO joins lithium developer’s board

By: Creamer Media Reporter      11th June 2021 Kelvin Dushnisky has been appointed to the board of developer Lithium Americas, which focuses on projects in Argentina and Nevada. Dushnisky was the CEO of gold major AngloGold Ashanti and prior to that, he was at Barrick Gold for 16 years, including serving as president. Lithium Americas also... 

Kelvin Dushnisky
Kelvin Dushnisky
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