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Lithium News

India wants to open up for lithium mining in batteries quest

By: Bloomberg     28th July 2022 India is seeking to change laws to allow private miners to extract lithium, the key ingredient for batteries used for electric vehicles and energy storage, as the nation aims to be more self-sufficient in green technologies. Prime Minister Narendra Modi’s government wants lawmakers’ approval for... 

Kodal appoints operations director

By: Creamer Media Reporter      27th July 2022 Mineral exploration and development company Kodal Minerals has appointed Steven Zaninovich as operations director, effective August 1. "We are delighted to appoint Steve to the board. [He] has worked with Kodal since 2018 as project manager on the Bougouni lithium project. Steve has performed... 

Resources Watch  

27th July 2022 This week: Logistics solutions needed quickly to avoid lost commodity price opportunity; Canada’s Tantalex on way to becoming African lithium producer; and, South Africa’s 5 000 MW energy storage need can be used to create new industry 

Resources Watch image
Resources Watch

Radical renewables, hydrogen ramp-up needed, coal energy transition day hears 

By: Martin Creamer     27th July 2022 A radical ramp-up of renewable energy and green hydrogen capacity will be needed by 2040 to take South Africa towards a net-zero climate change commitment, the Coal & Energy Transition Day heard on Wednesday. On the coal-fired power front, South Africa would from the 2040s/2045s need to have... 

Creamer Media screenshot.
Photo by Creamer Media
Presidential Climate Change Commission executive director Chrispian Olver.

World-first hydrogen haul truck operational from August – Anglo Platinum  

By: Martin Creamer     27th July 2022 The pilot world-first hydrogen haul truck launched early in the year, has had some final changes made to it before it heads into the pit and goes into operational mode from August. Meanwhile, the second prototype is already underway, where learnings from the first truck are being taken into the... 

Anglo American's nuGen truck.
Anglo Platinum CEO Natascha Viljoen interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Race to secure battery metals heats up as GM, Ford ink deals

By: Bloomberg     27th July 2022 Undeterred by the slowing global economy, buyers of key components in the powering of electric vehicles are stepping up efforts to lock in supplies, with two of the world’s biggest automakers signing direct deals with producers of so-called battery metals. General Motors announced three deals... 

Rio invests in starter project at Rincon

By: Esmarie Iannucci     27th July 2022 The board of miner Rio Tinto has approved a $190-million investment to develop a small starter battery-grade lithium carbonate plant at its Rincon project, in Argentina. Rio in April completed the $825-million acquisition of the project, which is located in the heart of the lithium triangle in... 

Lower commodity prices hit Rio's bottom line

By: Esmarie Iannucci     27th July 2022 Mining major Rio Tinto has seen a 28% drop in profits after tax for the interim period of 2022, and a 26% fall in underlying earnings before interest, tax, depreciation and amortisation (Ebitda), when compared with the same period in the 2021 financial year. The miner on Wednesday reported a... 

Image shows Rio Tinto branded lanyards

IGO revenue rises in June quarter

By: Esmarie Iannucci     27th July 2022 Battery metals miner Independence Group (IGO) has reported a 13% increase in sales revenue and an 11% increase in underlying earnings before interest, tax, depreciation and amortisation (Ebitda) for the quarter ended June. Sales revenue in the June quarter reached A$277.9-million, up from the... 

Image shows a nickel mine

Assays reveal multiple high-grade zones at Premier’s Zulu project

By: Donna Slater     26th July 2022 Diversified explorer and developer Premier African Minerals reports that recent drilling at its Zulu lithium and tantalum project, in Zimbabwe, has intersected multiple thick high-grade zones. Assay results from drill hole ZDD075 revealed 1.29% lithium oxide and 62 parts per million (ppm) of... 

Ford’s flurry of supply deals gives iron a starring role in EVs

By: Bloomberg     25th July 2022 Ford Motor’s new laundry list of battery-metals suppliers reads like a who’s who of the mining world, spanning the globe from Argentine lithium to Indonesian nickel. The agreements, including announcements with mega miners BHP Group and Rio Tinto Group, are the latest sign of how big automakers... 

Morella raises cash for lithium exploration

By: Esmarie Iannucci     25th July 2022 Junior Morella Corporation will raise A$7.5-million to support its lithium growth strategy in Western Australia and Nevada. The ASX-listed company on Monday announced that had received firm commitments for the placement of 500-million shares, in a single tranche, and at an issue price of 1.5c... 

Portuguese community files legal action against lithium mining company

By: Reuters     25th July 2022 A community group in a lithium-rich area of northern Portugal said on Friday it had filed a legal suit against a subsidiary of London-based mining company Savannah Resources for alleged encroachment on communal land. In a statement, a group - the Local Community of Common Land of Covas do... 

Thacker Pass appeal decision due soon

By: Mariaan Webb     22nd July 2022 Early works construction of the Thacker Pass lithium project, in Nevada, remains on track to start this year, with all permits in place to get construction under way, developer Lithium Americas Corp (LAC) reports. The project, however, is facing opposition from environmental groups, Indigenous... 

To capitalise on green transition, Africa urged to add value to critical minerals

By: Donna Slater     22nd July 2022 The global transition to a lower-carbon environment presents Africa with an opportunity to boost its economies, including the mining and industrial sectors, as well as beneficiation capabilities and job creation, by playing a greater role in supplying the so-called green minerals required for... 

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Ford picks Nevada mine for lithium supply, announces series of other agreements

By: Mariaan Webb     21st July 2022 In support of an end-to-end US electric vehicle (EV) supply chain, automotive major Ford Motor Company has signed a binding agreement to source lithium from the Rhyolite Ridge project, in Nevada. This forms part of a series of agreements that Ford announced this week to facilitate its goal of... 

Ford picks Nevada mine for lithium supply, announces series of other agreements

Ford, Rio Tinto sign MoU for battery, low-carbon materials supply

By: Tasneem Bulbulia     21st July 2022 Automaker Ford Motor Company and global mining and metals company Rio Tinto have signed a nonbinding memorandum of understanding (MoU) to jointly develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford’s vehicles. The multi-materials partnership... 

Lithium refining is a 'licence to print money', Musk says

By: Bloomberg     21st July 2022 Elon Musk has called for more investment in global lithium refining to ease shortages in battery materials — and promised those who seize the opportunity it’s as lucrative as “basically minting money.” “I’d like to once again urge entrepreneurs to enter the lithium refining business. The mining... 

an image of Tesla CEO Elon Musk
Tesla CEO Elon Musk

Liontown moves ahead with Kathleen Valley

By: Esmarie Iannucci     21st July 2022 Lithium developer Liontown Resources has awarded a A$35-million engineering, procurement and construction management (EPCM) contract to engineering firm Lycopodium Minerals at its Kathleen Valley lithium project, in Western Australia. Lycopodium will deliver the EPCM services for the processing... 

Ganfeng makes $40m payment to Leo

By: Esmarie Iannucci     20th July 2022 Lithium developer Leo Lithium on Wednesday announced that joint venture partner Jiangxi Ganfeng Lithium had agreed to the terms of an expandable $40-million debt facility for the Goulamina project, in Mali. Leo told shareholders that completion of the facility agreement, which gave Jiangxi... 

Marula Mining focuses on new battery metals investment strategy

By: Donna Slater     19th July 2022 Following a restructuring and strengthening of its board in the first quarter of this year, AQSE-listed diversified minerals developer Marula Mining appointed new CEO Jason Brewer and nonexecutive director Marc Nally in the second quarter to focus on implementing its newly adopted battery metals... 

Atlantic announces promising lithium assay results in Ghana

By: Darren Parker     19th July 2022 Aim-listed Atlantic Lithium has received assay results for an additional 4 000 m of reverse circulation (RC) drilling completed at the Ewoyaa Main and Grasscutter North targets in Ghana, where the company hopes to deliver the country’s first lithium mine. Broad, high-grade drill intersections... 

Canada’s Tantalex on way to becoming African lithium producer  

By: Martin Creamer     19th July 2022 Canadian junior exploration company Tantalex Lithium Resources, which is developing tin, tantalum and lithium projects in the Democratic Republic of Congo (DRC), is looking to raise capital $15-million early next year for the further development of its lithium assets. Tantalex is developing three... 

Tantalex Lithium Resources chairperson Hadley Natus.
Tantalux Lithium chairperson Hadley Natus interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Scrap catalytic converters an important source of investment, company says

By: Simone Liedtke     19th July 2022 Although scrap catalytic converter prices vary according to the brand and model, refining systems provider Proses Makina notes that the precious metals contained in the catalytic converter influence the price and monetary value, meaning that the price of a catalytic converter could vary from... 

Graph of battery metals in the circular economy

Firering advancing Côte d'Ivoire exploration

By: Tasneem Bulbulia     18th July 2022 Aim-listed Firering Strategic Minerals CEO Yuval Cohen says the systematic and targeted approach to exploration and fieldwork at the company’s flagship Atex lithium/tantalum project, in Côte d’Ivoire, has continued to increase its understanding of the project. “The initial geochemical footprint... 

Arizona Lithium raises more cash

By: Esmarie Iannucci     18th July 2022 Lithium developer Arizona Lithium will raise A$12-million in a share placement to institutional and sophisticated investors to fund work at its Big Sandy lithium project, in the US. The company at the end of March announced plans to raise A$32.5-million in capital, with 185.6-million shares... 

Basing analysis solely on data can result in treasure being mistaken for trash  

By: Martin Creamer     15th July 2022 Applying subject matter expertise to process data streams for accuracy is a necessary part of mining’s new digital age, according to SRK Consulting Global chief technology officer Mike Olsen. Olsen, the leader of SRK’s data engineering team, spoke to Mining Weekly in a Zoom interview from Canada.... 

How to avert the risk of valuable information being disregarded.
SRK Consulting Global chief technology officer Mike Olsen interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

AVZ extends share suspension

By: Esmarie Iannucci     15th July 2022 Lithium hopeful AVZ Minerals on Friday extended the voluntary suspension of its share trade on the ASX as it still awaits the grant of a mining licence for its Manono lithium and tin project, in the Democratic Republic of Congo (DRC). AVZ in early May announced that the DRC Minister of Mines had... 

New mining Bill major threat to jobs and investment, must be strenuously opposed – ENSafrica  

By: Martin Creamer     14th July 2022 A new draconian mining industry draft Bill, which threatens jobs and investment – and can even impose a penalty of 10% of turnover on a mine company, along with corporate manslaughter charges – must be “very, very strenuously opposed", top South African mining industry lawyer Willem Le Roux urged... 

Creamer Media screenshot
Photo by Creamer Media
Presenting ENSafrica webinar are from top anti-clockwise Willem Le Roux, Pieter Colyn and Celeste Coles.

Lake Resources hits back at short seller's critique

By: Esmarie Iannucci     14th July 2022 Lithium developer Lake Resources has come out in defence of the technology selection at its Kachi lithium brine project, in Argentina, as well as the progress made to date. A report by short seller J Capital Research earlier this week cast doubt about the direct lithium extraction (DLE) process... 

Greenland Minerals looks at lithium play in Spain

By: Esmarie Iannucci     14th July 2022 ASX-listed rare earths developer Greenland Minerals (GGG) has moved to increase its exposure to critical minerals, signing a binding heads of agreement with Technology Metals Europe (TME) and its sole shareholder Welsbach Holdings for the right to earn-in a 51% interest in TME. TME is the sole... 

Atlantic Lithium plans dual listing on ASX

By: Marleny Arnoldi     12th July 2022 Ghana-focused lithium exploration and development company Atlantic Lithium plans on listing in Australia, in addition to its listing on the Aim market in London. The company has appointed Australian firm Canaccord Genuity to manage the ASX listing process.  

Lithium ore
Photo by Bloomberg
Lithium ore

Lake Resources shares hit by short seller's lithium tech allegations

By: Reuters     12th July 2022 Short seller J Capital Research on Monday alleged that Lake Resources plan to produce lithium in Argentina is based on a process from Lilac Solutions that likely does not work, the latest attack against a wave of new technologies aiming to produce the electric vehicle battery metal. Shares of... 

American Lithium starts prefeasibility work Peru project

By: Tasneem Bulbulia     11th July 2022 TSX-V-listed American Lithium has started the environmental work required for a pre-feasibility study (PFS) on the Falchani lithium project in Peru, with the initiation of an environmental impact assessment (EIA) with SRK Peru. The EIA process will be run in parallel with work to update the... 

China's Ganfeng Lithium to buy Lithea for $962m

By: Reuters     11th July 2022 China's biggest lithium compounds producer Ganfeng Lithium said on Monday it will buy Argentina-focused Lithea for up to $962-million as it seeks to secure access to more resources for production of key battery metals. Privately owned Lithea owns rights to two lithium salt lakes in Argentina's... 

Premier African Minerals plans lithium shipments to China by March 2023

By: Reuters     11th July 2022 Premier African Minerals will start shipping spodumene concentrate from its Zulu lithium mine in Zimbabwe to China by March 2023 after signing an offtake deal with Suzhou TA&A Ultra Clean Technology, CE George Roach told Reuters. Zimbabwe holds some of the world's biggest hard-rock lithium... 

FBICRC plant opens in WA

By: Esmarie Iannucci     11th July 2022 The Future Battery Industries Cooperative Research Center (FBICRC) on Monday launched its flagship cathode precursor production pilot plant, in Western Australia. Located at Curtin University, the Australian-first pilot plant will help design and build cathode precursor manufacturing facilities... 

Vulcan joint ventures in Italy

By: Esmarie Iannucci     8th July 2022 ASX-listed Vulcan Energy Resources has struck a collaboration agreement with Italian geothermal energy producer Enel Green Power to develop its Italian project and explore future opportunities for cooperation. Under the terms of the agreement, the two companies will explore and develop Vulcan’s... 

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