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Lithium News
Exhibitor cautiously optimistic about 2018
By: Nadine James 26th January 2018 Analytical services provider African Mineral Standards (AMIS) – a subsidiary of JSE-listed industrial group Torre Industries – is a producer of mineral certified reference materials (CRMs) and has a core focus on analytical services related to mining and exploration, which they will exhibit at... →
Plymouth to become Infinity Lithium, puts Gabon potash assets on the block
By: Mariaan Webb 25th January 2018 ASX-listed Plymouth Minerals, which is earning in to the San Jose lithium/tin project in Spain, has announced that it will sell its potash assets and change its name to reflect its sole focus. In an emailed newsletter, CEO and MD Adrian Byass said on Thursday that the name change to Infinity... →
Tin International secures additional exploration licence near Sadisdorf
By: Natasha Odendaal 25th January 2018 ASX-listed Lithium Australia’s partner Tin International has been granted an additional exploration licence covering 15 km2 around the Hegelshöhe hillside, just 5 km southeast of the Sadisdorf licence, in Saxony, Germany. Lithium Australia is party to a farm-in and joint-venture agreement with... →
Savannah creates lithium business development director role
By: Creamer Media Reporter 25th January 2018 Aim-quoted resource development company Savannah Resources has created a new non-board position of lithium business development director and has appointed Martin Steinbild to the role. Steinbild has significant experience in the lithium industry, having previously worked for Rockwood Lithium,... →
Britain funds satellite hunt for new minerals
By: Reuters 25th January 2018 The British government has handed out £850 000 for research that uses satellites to identify deposits of minerals, including battery metal lithium, as part of efforts to bolster the economy after the exit from the European Union. The project named the Satellite Applications Catapult is seeking... →
Benchmark downplays investor fears of looming lithium oversupply, subsequent price crash
By: Henry Lazenby 25th January 2018 London-based Benchmark Mineral Intelligence has downplayed top-level investor fears this week regarding the potential for lithium market oversupply and an inevitable price crash to follow. The energy metals-focused research company pointed out that rumours about up to 180 000 t/y of added lithium... →
Ford complains rising metals costs hurt profits, rivals unphased
By: Reuters 24th January 2018 When Ford Motor reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control. Aluminium prices have risen 20% in the last year and nearly 11% since December 11. Steel prices... →
Goldman, Citi final bidders for Scotiabank's metals business – sources
By: Reuters 24th January 2018 The field of prospective bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, has narrowed to two, three banking and industry sources said on Wednesday. The two - Goldman Sachs Group and Citi - are undertaking due diligence checks, the sources said. →
Poseidon drills for lithium in Western Australia
By: Megan van Wyngaardt 23rd January 2018 ASX-listed Poseidon Nickel has started a 4 000 m drilling programme at its Medusa lithium project, near its Lake Johnston operations, which would fast-track the company's geological understanding and infill drill hole planning at the Western Australian project. Poseidon contracted Core Drilling... →
Sayona buys another lithium project in Quebec
By: Mariaan Webb 23rd January 2018 ASX-listed junior Sayona Mining has announced the staged acquisition of the Tansim lithium exploration project, 82 km south-west of its Authier lithium project, in Quebec. The Tansim project comprises 65 mineral claims of 12 000 ha and is prospective for lithium, tantalum and beryllium. →
Zimbabwe may scrap local ownership rule on platinum, diamonds
By: Bloomberg 23rd January 2018 Zimbabwe, which has the world’s second-biggest platinum reserves, may lift a requirement that companies mining the metal or diamonds must be at least 51%-owned by black citizens of the country, President Emmerson Mnangagwa said. Mnangagwa, who became president in November after Robert Mugabe... →
Resilient Lonmin delivers sturdy output, extracts cash from tailings
By: Martin Creamer 22nd January 2018 Embattled but resilient platinum company Lonmin, which is enthusiastically embracing the Sibanye-Stillwater’s offer made to it, did all its stakeholders proud in the fatality-free first quarter of its new financial year by putting in a sturdy operational performance that saw sales rise 9%,... →
Sula to pursue DRC cobalt opportunities as it changes name to African Battery Metals
By: Mia Breytenbach 19th January 2018 Multicommodity exploration and development company Sula Iron & Gold, which has changed its name to African Battery Metals (ABM), will now focus on developing its cobalt exploration licences in the Democratic Republic of Congo (DRC). Trading in the company’s shares under the new name started on... →
China's proposed dual-credit scheme can reshape the EV market – WoodMac
By: Henry Lazenby 19th January 2018 China's electric vehicles (EV) market has grown exponentially to overtake the US as the world's largest EV market, thanks to heavy government subsidies to spur growth in the emerging automotive sector. However, research and consultancy firm Wood Mackenzie (WoodMac) warns that these subsidies are... →
New ‘disruptive’ mine borer heads for Indaba unveiling
By: Martin Creamer 18th January 2018 A new Proudly South African mine tunnel borer that requires no blasting, delivers higher production advances, comes with a collaboration imprimatur and can be retrofitted to existing operations, will be unveiled at next month’s Mining Indaba in Cape Town and commissioned in the third quarter of... →
Danie Pretorius
Tracking Europe's waste: 'There's gold in them landfills'
By: Reuters 18th January 2018 Some of Europe's richest deposits of valuable materials are in the trash, ranging from gold in smartphones to cobalt in electric car batteries, according to a survey of urban mining published on Wednesday. Scrap vehicles, batteries, computers, fridges and other electronic and electrical waste... →
Chile's Corfo, SQM strike deal in lithium dispute
By: Reuters 18th January 2018 Chilean development agency Corfo said on Wednesday that it had struck a deal with lithium company SQM, ending a long dispute over royalties in Chile's Salar de Atacama, home to one of the world's richest lithium deposits. The deal frees the miner to apply for an increase in its production quota... →
Canadian miners welcome new federal business ethics ombudsman
By: Henry Lazenby 18th January 2018 Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian companies. The watchdog will investigate complaints and, if warranted, will make recommendations to... →
WoodMac urges automakers to ‘get out their chequebooks’, secure energy metal supplies
By: Henry Lazenby 17th January 2018 Auto manufacturers are ramping up strategies to cash in on the accelerating worldwide acceptance and demand for electric vehicles (EVs), prompting advice from research and consultancy group Wood Mackenzie for automakers to ‘get out their chequebooks’ and take stakes in mines or new mine projects... →
IronRidge expands Ghana lithium prospects
By: Anine Kilian 17th January 2018 Aim-listed IronRidge Resources has further expanded its lithium interests in Ghana, with the acquisition of a highly prospective pegmatite tenure adjacent to its Ewoyaa prospect. The company entered conditional and binding terms with wholly owned Ghanaian company Joy Transporters, providing... →
DRA expands Asia-Pacific footprint
By: Martin Creamer 17th January 2018 Global engineering, project delivery, contract operations specialist and asset management group DRA’s acquisition of Perth-based Minnovo expands its Australian footprint and adds depth to its metallurgical, engineering, procurement, project management, construction and commissioning capabilities... →
DRA CEO Wray Carvelas
Zim govt flags Prospect’s lithium project as priority
By: Natasha Odendaal 17th January 2018 ASX-listed Prospect Resources’ flagship lithium deposit has been identified as a priority mining development by Zimbabwe’s Office of the President and Cabinet. The Arcadia lithium project has been selected following the new Zimbabwean government’s directive that the Ministry of Mines and Mining... →
Global Geoscience appoints Amec for US lithium project study
By: Creamer Media Reporter 17th January 2018 Australia-based lithium/boron mine developer Global Geoscience has selected Amec Foster Wheeler as the engineering and design firm to complete the prefeasibility study (PFS) for the Rhyolite Ridge project in the US. Announcing the appointment on Wednesday, Global Geoscience MD Bernard Rowe said... →
NextSource soars on Japanese approval of registered SuperFlake product trademark
By: Henry Lazenby 17th January 2018 The TSX-listed equity of one of the graphite industry’s best kept secrets, NextSource Materials, has recorded significant gains on Tuesday following a company announcement that Japan has approved the company’s registration of ‘SuperFlake’ graphite as a trademark in the country. The registration... →
A representation of how NextSource Materials' Madagascar-based Molo modular plant will look like
Galaxy’s Mt Cattlin delivers record Q4 lithium output
By: Natasha Odendaal 16th January 2018 ASX-listed Galaxy Resources has reported record production from its Mt Cattlin operations, in Ravensthorpe, Western Australia, during the quarter ended December 31, on the back of increased ore treated and continued improved process plant use. The operation produced 52 139 dry metric tonnes (dmt)... →
Thor welcomes new investment into US Lithium
By: Natasha Odendaal 16th January 2018 Dual-listed Thor Mining’s 25% stake in soon-to-be-ASX-listed US Lithium has been diluted to 20.83% on the back of a capital raise at a substantial premium. Thor in June last year acquired 2.5-million shares in the company, which held lithium exploration interests in Arizona and New Mexico, in the... →
Triton starts due diligence on WA lithium asset acquisition
By: Natasha Odendaal 15th January 2018 ASX-listed Triton Minerals on Monday said it had started due diligence on the Western Australia lithium assets and royalties that it planned to acquire from Westgold Resources. The Australian company in December entered into an option agreement with Westgold for a package of lithium assets in the... →
Smarter mining, manufacture, agriculture needed, says IDC’s Maia 
By: Martin Creamer 12th January 2018 South Africa needs to aim towards smarter mining, smarter agriculture and smarter manufacturing. “It’s about taking all the major sectors of the economy forward, with each feeding on the other,” says Industrial Development Corporation (IDC) research and information head Jorge Maia of the roles... →
Tawana’s Bald Hill set for current quarter production
By: Natasha Odendaal 12th January 2018 ASX-listed Tawana Resources and joint venture (JV) partner Singapore-listed Alliance Mineral Assets Limited (AMAL) are preparing for the start of lithium concentrate production from its Bald Hill lithium and tantalum mine, in Western Australia, during the current quarter. In an update to... →
Strong commodity price rally lifts IHS Materials Price Index for ninth consecutive week
By: Henry Lazenby 12th January 2018 The IHS Materials Price Index (MPI) is in its ninth consecutive week of gains, jumping 2.8% last week – the strongest weekly performance since early September. According to IHS Markit economist Cole Hassay, the MPI was supported by broad-based positive indicators, with eight of ten subcomponents... →
Walkabout executes lithium exploration MoU in Namibia
By: Natasha Odendaal 11th January 2018 ASX-listed Walkabout Resources has executed a binding memorandum of understanding (MoU) with a local Namibian company for a staged earn-in to an exclusive prospecting licence that will expand the company’s current lithium exploration ground in that country. Walkabout, through its Namibian entity... →
Rio is said to drop chase for $5bn lithium miner stake
By: Bloomberg 11th January 2018 Rio Tinto Group has dropped out of the bidding for a stake in Soc. Quimica & Minera de Chile SA, one of the world’s top lithium producers, as it pursues other ways to capitalise on the electric-car boom, people familiar with the matter said. Rio decided not to proceed with an offer for Nutrien’s... →
Lithium at depth in Namibia – Montero 
By: Martin Creamer 10th January 2018 Significant concentrations of lithium mineralisation have been established in Namibia, where Montero Mining and Exploration has completed assaying historical drilling results. The Toronto Venture Exchange-listed company announced on Wednesday that lithium-bearing mineralisation, found to be... →
Montero CEO Dr Tony Harwood
Bacanora expands Zinnwald potential with licence for previously mined deposit
By: Mariaan Webb 10th January 2018 Lithium developer Bacanora has been granted an exploration licence of the previously mined Falkenhaim lithium deposit, in Saxony, Germany. The licence is about 5 km from Bacanora’s 50%-owned Zinnwald lithium project and has the potential to increase the life of a mine at Zinnwald, the London-... →
Plymouth advances feasibility study at San Jose
By: Megan van Wyngaardt 10th January 2018 After completing a successful $6.5-million capital raising in December, ASX-listed Plymouth Minerals has started the San Jose feasibility study, which it intends to complete during this year. To finalise the process of lodging the mining licence application (MLA), which earned Plymouth its... →
Nemaska ups lithium game with Whabouchi feasibility bettering scope, flexibility, economics
By: Henry Lazenby 9th January 2018 Budding Canadian lithium producer Nemaska Lithium has published more bullish scenarios for its flagship Whabouchi mine and concentrator, located in the Eeyou Istchee James Bay territory, and on the hydromet plant, located in Shawinigan, both in Quebec. With more than a year’s experience at the... →
Nemaska Lithium's hydromet plant, located in Shawinigan, Quebec
DevEx seeks to raise project development funds
By: Megan van Wyngaardt 8th January 2018 Exploration firm DevEx Resources on Monday announced a one-for-two non-renounceable rights issue to raise up to $2.84-million for its lithium and copper/gold projects. The company said it planned to fast track drilling at its projects, including the recently identified lithium anomaly at the... →
Altura’s lithium project nearing completion
By: Natasha Odendaal 8th January 2018 ASX-listed Altura is nearing the completion of the Stage 1 construction of its lithium project, in Western Australia. The company’s “aggressive” timetable for commissioning and production is on track, with commissioning during the first quarter of this year and first lithium concentrate sales by... →
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