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Lithium News

Liontown raises cash to advance WA projects

By: Esmarie Iannucci     29th October 2020 ASX-listed Liontown Resources will raise A$12.5-million through a share placement to institutional and professional investors, to advance its Kathleen Valley lithium/tantalum project, and its Moora gold/platinum, nickel/copper projects, in Western Australia. The company on Thursday said that... 

Orocobre's production falls

By: Esmarie Iannucci     29th October 2020 Dual listed lithium miner Orocobre has reported a fall in production for the three months to September, compared with the previous corresponding period, as Covid-19 restrictions took their toll. Lithium production during the three months under review reached 2 352 t, down from the 2 511 t... 

Pilbara makes a move on Altura

By: Esmarie Iannucci     29th October 2020 Lithium miner Pilbara Minerals has moved to potentially acquire the Altura lithium project, in Western Australia, for $175-million, after ASX-listed Alura Mining went into voluntary administration earlier this week. Altura earlier this week appointed receivers and managers to conduct an urgent... 

US DFC to assess if Lepidico's Namibia project qualifies for financing

By: Creamer Media Reporter      29th October 2020 ASX-listed Lepidico has entered into a formal mandate with the US International Development Finance Corporation (DFC) to undertake an in-depth analysis and evaluation of the Karibib Phase 1 project, in Namibia, to determine whether the project qualifies for DFC financing. The DFC will undertake... 

Galaxy expectations remain intact

By: Esmarie Iannucci     28th October 2020 Lithium miner Galaxy Resources is on track to achieve its full year production guidance following a strong September quarter. Galaxy on Wednesday reported that the Mt Cattlin operation, in Western Australia, maintained steady production during the third quarter ending September, with the mine... 

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration  

By: Martin Creamer     27th October 2020 A flow-through share model has been drawn up with the help of top firms to stimulate badly neglected mining exploration in South Africa, Minerals Council South Africa junior and emerging miners leadership forum chairperson Errol Smart said on Tuesday. Speaking to Mining Weekly in a Zoom... 

Hopes rise as top firms arrive at potential flow-through share model to stimulate mining exploration
Minerals Council South Africa Junior Miners’ Forum Chairperson Errol Smart interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Kodal making strides in Mali, Côte d’Ivoire

By: Tasneem Bulbulia     27th October 2020 Mineral exploration and development company Kodal Minerals says it is making progress with its mining licence application for the Bougouni lithium project, in southern Mali, as well as with regard to a memorandum of understanding (MoU) entered into with Sinohydro and its gold exploration... 

Cornish Lithium appoints CFO

By: Creamer Media Reporter      27th October 2020 Mineral explorer Cornish Lithium has appointed Varshan Gokool, who most recently was president and CEO of Euromax Resources, as CFO. At Euromax, Varshan was pivotal in leading the Ilovica-Shtuka copper/gold project in North Macedonia from inferred resource to definitive feasibility study,... 

Decision soon on platinum process that can save power   

By: Martin Creamer     26th October 2020 The definitive feasibility study for the installation of a revolutionary new electricity-slashing processing plant at Pilanesberg Platinum Mine in the North West will be completed next month, in time for an investment decision from the shareholders in KellTechnology South Africa, which are... 

Decision soon on platinum process that can save power
Kelltech’s Keith Liddell interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Olaroz operations suspended owing to Covid cases

By: Esmarie Iannucci     26th October 2020 Lithium miner Orocobre has temporarily suspended operations at its Olaroz lithium facility, in Argentina, following positive Covid-19 tests at the site. The ASX- and TSX-listed miner said that operations have been suspended to allow cleaning of the site and rotation of staff after 35 employees... 

Olaroz operations suspended owing to Covid cases

Piedmont raises more cash

By: Esmarie Iannucci     26th October 2020 The underwriters of US lithium developer Piedmont Lithium’s US offering have exercised their option over an additional 300 000 of the company’s American depositary shares (ADSs), raising an additional A$10.6-million. Piedmont last week raised an initial A$70-million through the underwritten US... 

$1tr needed for key energy transition metals by 2035 – WoodMac

23rd October 2020 More than $1-trillion of investment will be needed in key energy transition metals - aluminium, cobalt, copper, nickel and lithium - over the next 15 years to meet the growing demands of decarbonisation, says consultancy group Wood Mackenzie (WoodMac). This is almost double the figure invested... 

$1tr needed for key energy transition metals by 2035 – WoodMac

Shareholders rush to Mali Lithium raise

By: Esmarie Iannucci     23rd October 2020 ASX-listed Mali Lithium has raised A$9.8-million in a heavily oversubscribed share purchase plan (SPP). The company in September announced plans for a A$6-million SPP, as part of a greater A$70-million capital raise to fund the acquisition of acquire the Morila gold mine from majors Barrick and... 

Covid has highlighted the value of operating remotely – mining editor 

By: Martin Creamer     22nd October 2020 The extraction of data from machinery to improve decision-making is a key benefit of the digital mine and has changed the way that mines manage their assets and perform machine maintenance, Australia Mining managing editor Ben Creagh said on Wednesday. Creagh was speaking during a virtual... 

Covid has highlighted the value of operating remotely – mining editor
ifm Australia’s Freddie Coertze and Aditya Kunder.

Liontown pursuing downstream processing in WA

By: Esmarie Iannucci     22nd October 2020 A downstream scoping study into the Kathleen Valley lithium/tantalum project, in Western Australia, has demonstrated the financial upside to an integrated mining, processing and refining operation to produce lithium hydroxide monohydrate (LHM), or lithium sulphate monohydrate (LSM). An updated... 

Piedmont raises $50m for US lithium project

By: Esmarie Iannucci     22nd October 2020 Lithium developer Piedmont Lithium has raised A$70.6-million through an underwritten US public offering of two-million of its American depositary shares (ADSs) to fund the development of its lithium project, in North Carolina. The ADSs each represent 100 of the company’s ordinary shares and were... 

New Australian push for critical mineral investment

By: Esmarie Iannucci     21st October 2020 The federal government has launched its second edition of the Australian Critical Minerals Prospectus, showcasing the country’s significant capability in critical minerals in a bid to attract investment. The Prospectus identifies new significant commercial opportunities in hundreds of critical... 

Platinum well positioned in hydrogen economy’s sweet spots – WPIC  

By: Martin Creamer     21st October 2020 The upcoming platinum demand of Hyundai alone could come close to taking up the total annual production of one of South Africa’s biggest platinum mines. Hyundai has stated categorically, in a double-page advertisement in The Economist of London, that it will be making 700 000 fuel cell stacks a... 

Platinum well positioned in hydrogen economy’s sweet spots – WPIC
World Platinum Investment Council research director Trevor Raymond interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

40 MW solar power application making good progress ­– Gold Fields  

By: Martin Creamer     20th October 2020 The application for the establishment of a 40 MW solar power plant at the South Deep gold mine in western Gauteng is in process and making good progress, Gold Fields CEO Nick Holland said on Monday. Responding to Mining Weekly during the Johannesburg- and New York-listed company’s virtual... 

40 MW solar power application making good progress ­– Gold Fields
Gold Fields ESG presentation covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Mali Lithium conducts project review

By: Esmarie Iannucci     20th October 2020 While a definitive feasibility study (DFS) into the Goulamina lithium project, in Mali, has proven the project’s economics, owner Mali Lithium has launched a review of both its lithium and gold assets to evaluate the ‘optimum path’ to realise value for shareholders. The DFS into the Goulamina... 

South Africa is well positioned to export green hydrogen ­– PwC  

By: Martin Creamer     19th October 2020 South Africa is in an extraordinary position to revolutionise its own economy and supply green hydrogen to the world, PwC said on Monday. “The energy transition is and will be biggest global theme this decade,” PwC associate director James Mackay told journalists at a virtual event covered by... 

South Africa is well positioned to export green hydrogen ­– PwC
PwC Hydrogen Report 2020 covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Hydrogen fast-tracking will be much quicker than imagined – Sibanye-Stillwater  

By: Martin Creamer     19th October 2020 The fast-tracking of the hydrogen economy will be much quicker than most people have imagined, Sibanye-Stillwater CEO Neal Froneman said at the Financial Times (FT) Commodities Mining Summit, where he was part of a panel that included Anglo American Platinum CEO Natasha Viljoen and South32 CEO... 

Hydrogen fast-tracking will be much quicker than imagined – Sibanye-Stillwater
Financial Times Commodities Mining Summit covered by Mining Weekly’s Martin Creamer.

Coal mine disposal exacerbating carbon emissions problem – Glencore  

By: Martin Creamer     16th October 2020 The disposal of thermal coal mines in response to environmental, social and governance (ESG) investors is not lowering carbon dioxide (CO2) emissions but exacerbating the problem, Glencore CEO Ivan Glasenberg pointed out on Friday. Questioned by Financial Times (FT) natural resources editor Neil... 

Coal mine disposal exacerbating carbon emissions problem – Glencore
Financial Times Commodities Mining Summit covered by Mining Weekly’s Martin Creamer.

Court approves Nemaska Lithium sale

By: Creamer Media Reporter      16th October 2020 The Superior Court of Quebec has approved the sale of Nemaska Lithium to a group comprising Orion Mine Finance, Investissement Québec and Pallinghurst, acting through a new entity named Quebec Lithium Partners. The creditors bid, announced in August, emerged from a sale or investor solicitation... 

Mining committed to doing all it takes to improve worker health – Matlala 

By: Martin Creamer     15th October 2020 Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala on Thursday committed the South African mining industry to doing all it takes to ensure that employee lives are saved and health is improved. Speaking at a global virtual health seminar to reprioritise... 

Mining committed to doing all it takes to improve worker health – Matlala
Photo by Creamer Media
Minerals Council South Africa VP and Masoyise Health Programme chairperson Zanele Matlala

Prospect raises cash for Arcadia

By: Esmarie Iannucci     14th October 2020 Lithium developer Prospect Resources will raise A$6-million through a share placement to institutional investors to advance the development of its Arcadia lithium project, in Zimbabwe. Prospect on Wednesday revealed that it had received subscriptions for more than 46.1-million shares, at an... 

Southern Africa’s green hydrogen buy-in exceeding expectations – Sacreee  

By: Martin Creamer     14th October 2020 Southern Africa’s buy-in into the green hydrogen economy concept is exceeding expectations, Southern African Development Community (SADC) Centre for Renewable Energy & Energy Efficiency (Sacreee) executive director Kudakwashe Ndhlukula said on Tuesday. Green hydrogen is a clean form of hydrogen... 

Southern Africa’s green hydrogen buy-in exceeding expectations – Sacreee
Sacreee executive director Kudakwashe Ndhlukula discusses green hydrogen with Mining Weekly’s Martin Creamer.

Pilbara ups lithium production

By: Esmarie Iannucci     12th October 2020 Lithium miner Pilbara Minerals has nearly doubled spodumene concentrate production in the September quarter, compared with the three months to June, with sales also increasing. The miner on Monday reported that spodumene concentrate production reached 62 404 t during the September quarter,... 

Chile has a calming message for car makers worried about lithium supplies

By: Bloomberg     12th October 2020 The nation sitting on half the world’s lithium reserves has a calming message for electric car makers: tougher environmental oversight won’t threaten future production of the metal used to make batteries. Chile’s environmental regulator is working with other agencies to devise a plan for... 

Battery maker EVE Energy may buy more lithium, cobalt before prices lift

By: Bloomberg     12th October 2020 EVE Energy Co, a Chinese producer of lithium-ion batteries for electric cars to earphones, is considering plans to step up purchases of key metals amid signs prices could soon rise from recent lows. Huizhou, Guangdong-based EVE, which has pacts with automakers including Daimler, has seen... 

Liontown updates Kathleen Valley parameters

By: Esmarie Iannucci     9th October 2020 An updated prefeasibility study (PFS) into the Kathleen Valley lithium/tantalum project, in Western Australia, has increased both output expectations and the project’s capital return expectations. A 2019 (PFS) had initially estimated that the project would require a capital allocation of... 

Chile lithium miner SQM says to slash water, brine use at Atacama

By: Reuters     9th October 2020 Chilean miner SQM said late Thursday it would immediately slash its use of both fresh water and lithium-rich brine from Chile's Atacama salt flat in a push to reduce the overall impact of its operations. The announcement comes two months after SQM lost a high profile legal battle that forced it... 

Exploration strategy in three months, hydrogen under scrutiny – DMRE  

By: Martin Creamer     8th October 2020 A comprehensive exploration strategy will be developed in the next three months and engagement on the potential of the platinum group metals-linked hydrogen economy is taking place, Department of Mineral Resources and Energy director-general Advocate Thabo Mokoena said on Thursday. In a keynote... 

Exploration strategy in three months, hydrogen under scrutiny – DMRE
Mining Weekly’s Martin Creamer reporting on DMRE DG Advocate Thabo Mokoena. Video: Darlene Creamer.

Erris stock surges on Zinnwald acquisition

By: Mariaan Webb     8th October 2020 The share price of Erris Resources rose by as much as 80% on London’s Aim on Thursday as the company resumed trading on the stock exchange, following last week’s news that it would buy the late-stage Zinnwald lithium project, in Germany. Erris announced on Thursday that it had agreed terms with... 

Flow-through must form part of overall exploration strategy – Minerals Council  

By: Martin Creamer     7th October 2020 The introduction of a flow-through share scheme must form part of a full suite and package of measures tailored for a comprehensive exploration strategy for South Africa, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Speaking during question time on day one of the Joburg... 

Flow-through must form part of overall exploration strategy – Minerals Council
Mining Weekly’s Martin Creamer putting a question at Joburg Indaba. Video: Darlene Creamer.

Anglo investing in South Africa’s hydrogen economy ­– Cutifani  

By: Martin Creamer     7th October 2020 As the world’s largest marketer of platinum group metals (PGM), Anglo American is investing in South Africa’s hydrogen economy, including through a joint venture with the State-owned Public Investment Corporation (PIC), Anglo CEO Mark Cutifani said on Wednesday. In a keynote address on day one of... 

Anglo investing in South Africa’s hydrogen economy ­– Cutifani
Mining Weekly’s Martin Creamer reports on Anglo American CEO Mark Cutifani’s keynote address at the Joburg Indaba. Video: Darlene Creamer.

Lithium demand seen doubling in next four years

By: Creamer Media Reporter      7th October 2020 Demand for lithium is expected to more than double by 2024, as the production of electric vehicles (EVs) batteries is set for substantial growth, says data and analytics company GlobalData. Demand for lithium is expected to rise at a 25.5% compound annual growth rate, from a forecast of 47 300 t... 

Hydrogen can be game-changer for South African economy ­– PwC  

By: Martin Creamer     6th October 2020 Hydrogen has the potential to be a game-changer for the South African economy, PwC African mining leader Andries Rossouw said on Tuesday. Speaking during the virtual release of the professional services firm’s 12th edition SA Mine, a series of publications that highlights trends in the South... 

Hydrogen can be game-changer for South African economy ­– PwC
Mining Weekly’s Martin Creamer reports on PwC SA Mine 2020 event. Video: Darlene Creamer
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