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Lithium News

Cornish Lithium awarded lithium exploration right off Cornwall coast

By: Marleny Arnoldi     6th January 2021 The Crown Estate has announced the outcome of its Minerals Licensing Round, granting Cornish Lithium rights to explore for lithium within geothermal waters in areas off both the north and south coasts of Cornwall, England. The Crown Estate manages the seabed and much of the foreshore around... 

Net-zero emissions commitments hold benefits, but also downsides, for miners 

By: Simone Liedtke     6th January 2021 Miners are targeting massive carbon reductions over the next 10 to 15 years on the path to achieving net-zero emissions by 2050, with equity research company Jefferies warning that this implies higher costs and capital expenditure (capex), but also a trend of less supply, higher commodity prices,... 

Pilbara sets new record in Dec quarter

By: Esmarie Iannucci     6th January 2021 Lithium miner Pilbara Minerals on Wednesday reported record shipments for the December quarter, with 70 609 t of spodumene concentrate delivered to offtake partners. The December shipments exceeded the sales guidance of between 55 000 t and 70 000 t previously set. 

Pilbara sets new record in Dec quarter

Lepidico notes positive offtake discussions

By: Tasneem Bulbulia     5th January 2021 ASX-listed Lepidico has announced that it is in confidential discussions with up to six lithium hydroxide consumers and three caesium/rubidium consumers. The company says it has been advised by one prospective customer that its analysis of  a lithium hydroxide monohydrate sample provided in 2020... 

Brazil Minerals expands lithium project footprint

By: Simone Liedtke     4th January 2021 Lithium miner Brazil Minerals has been granted exploration permits for two additional mineral claims that are now part of its lithium project in the northeast part of the state of Minas Gerais, in Brazil. The company is focused on producing hard-rock lithium from high-grade spodumene pegmatites... 

Covid recovery boosts Aus exports

By: Esmarie Iannucci     4th January 2021 The outlook for Australia’s resource and energy exports has improved over the past three months, as global economic activity rebounds from the Covid-19 pandemic, with resources and energy exports to remain robust after earning a record A$291-billion in 2019–20, federal Resources Minister Keith... 

Covid recovery boosts Aus exports

Pilbara completes institutional offer

By: Esmarie Iannucci     16th December 2020 Lithium miner Pilbara Minerals has raised A$61-million under its institutional entitlement offer, to partly fund the acquisition of the Altura project, in Western Australia. The company earlier this week announced plans to raise A$240-million to fund a share sale agreement with ASX-listed Altura... 

Galaxy raises final A$38m, completes Sal de Vida raising

By: Esmarie Iannucci     15th December 2020 Lithium miner Galaxy Resources has completed the retail component of its entitlement offer, raising A$38-million as part of the company’s larger A$161-million capital raise. Galaxy in November announced plans to raise the funds to finance the Stage 1 development of its Sal de Vida project, in... 

Pilbara launches A$240m raise for Altura buy

By: Esmarie Iannucci     14th December 2020 Lithium miner Pilbara Minerals has launched a A$240-million equity raising to fund the acquisition of fellow-listed Altura Mining’s lithium project in the Pilbara. Pilbara Minerals earlier this month entered into a share sale agreement with the administrators of fellow listed Altura Mining to... 

IGO completes institutional raise for Tianqi buy

By: Esmarie Iannucci     11th December 2020 ASX-listed Independence Group (IGO) has successfully completed the institutional component of its entitlement offer and share placement to partly fund its deal with lithium producer Tianqi Lithium Corporation. IGO on Friday announced that the share placement had raised some A$446-million, while... 

IGO completes institutional raise for Tianqi buy

Steps South Africa needs to take to attract global exploration investment 

By: Martin Creamer     10th December 2020 Countries wanting to attract exploration investment need readily available geophysics data to offer to prospective investors. “Geophysics is now key to the exploration industry, particularly for metalliferous-type deposits, which have the largest value,” Exploration Geological Consultancy MD... 

Exploration Geological Consultancy MD Regina Molloy
Photo by Creamer Media
Exploration Geological Consultancy MD Regina Molloy

Rio Tinto reports maiden lithium reserve in Serbia

By: Esmarie Iannucci     10th December 2020 A maiden ore reserve of 16.6-million tonnes, grading 1.18% lithium oxide and 13.4% boron trioxide has been declared at mining major Rio Tinto’s Jadar lithium/borate project, in Serbia. The company on Thursday announced that the project contained a mineral resource estimate of 55.2-million tonnes... 

Rio Tinto reports maiden lithium reserve in Serbia

Piedmont makes a move to the US

By: Esmarie Iannucci     9th December 2020 Lithium developer Piedmont Lithium has announced plans to re-domicile from Australia to the US through a proposed scheme of arrangement. Subject to shareholder, regulatory and court approvals, Piedmont would move its primary listing front eh ASX to the Nadaq capital market, while retaining its... 

IGO strikes A$1.9bn deal for Greenbushes and Kwinana plant

By: Esmarie Iannucci     9th December 2020 ASX-listed Independence Group (IGO) has struck a A$1.9-billion deal with lithium producer Tianqi Lithium to acquire a significant stake in the Greenbushes lithium mining and processing operation, as well as in the Kwinana lithium hydroxide plant, both in Western Australia. IGO will acquire a 49%... 

IGO strikes A$1.9bn deal for Greenbushes and Kwinana plant

China converting battery electric vehicles into platinum-linked hydrogen fuel cell vehicles  

By: Martin Creamer     8th December 2020 Battery electric vehicles such as municipal buses and trucks are being converted into hydrogen fuel cell vehicles by China. “China already has a very well-established infrastructure to charge batteries and run battery electric trucks. But in the north, it’s very cold and we know battery electric... 

World Platinum Investment Council Director of Research Trevor Raymond
World Platinum Investment Council Director of Research Trevor Raymond interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Cornish Lithium to speed up Trelavour project

By: Creamer Media Reporter      7th December 2020 UK-based exploration and development company Cornish Lithium on Monday announced that it would accelerate the Trelavour hard rock lithium project near St Austell, following the successful production of nominal battery-grade lithium hydroxide. This was achieved using ASX-listed Lepidico... 

Cornish Lithium founder Jeremy Wrathall
Cornish Lithium founder Jeremy Wrathall

US buyer emerges for Bald Hill

By: Esmarie Iannucci     7th December 2020 US-based lithium products group Austroid Corporation is hoping to acquire the mothballed Bald Hill lithium mine, in Western Australia, from Alita Resources, which was previously known as Alliance Mineral Assets. Alita went into administration in 2019, and Bald Hill was placed on care and... 

Rodents, not mining, caused damage to Nevada wildflowers, says govt agency

By: Reuters     7th December 2020 Widespread damage to rare Nevada wildflowers in September was due to ground squirrels, the US Fish and Wildlife Service said on Friday, and not linked to human activity in the area, which includes a lithium mine being developed by Australia's ioneer. The Center for Biological Diversity (CBD), a... 

Battery costs fall, make electric vehicles cheaper - BMI

By: Reuters     3rd December 2020 The cost of battery cells used for electric vehicles has fallen to an average of $110/kWh, making such cars competitive with those using internal combustion engines (ICE), according to Benchmark Mineral Intelligence (BMI). One barrier to a higher take up of electric vehicles has been the high... 

Battery costs fall, make electric vehicles cheaper - BMI

Piedmont granted US air permit

By: Esmarie Iannucci     3rd December 2020 Lithium developer Piedmont Lithium has been granted a key permit for chemical operations at its planned 22 700 t/y lithium hydroxide chemical plant, in King Mountain, North Carolina. The company on Thursday told shareholders that the North Carolina Department of Environmental Quality’s... 

Trump taps loan programme he tried to kill to help mineral mining

By: Bloomberg     1st December 2020 The Trump administration is tapping an Energy Department clean-energy loan program it tried to kill to help uranium producers, as well as miners of other minerals deemed critical by the administration. The Energy Department announced Tuesday that it will issue guidance giving preference to... 

US President Donald Trump
US President Donald Trump

Pilbara's play for Pilgangoora becomes official

By: Esmarie Iannucci     1st December 2020 Lithium miner Pilbara Minerals has entered into a share sale agreement with the administrators of fellow listed Altura Mining to gain ownership of Altura’s Pilgangoora lithium project, in Western Australia, for $175-million. The ASX-listed Pilbara Minerals has also proposed a deed of company... 

Tianqi Lithium gets one-month reprieve on $1.9bn loan repayment

By: Reuters     1st December 2020 China's Tianqi Lithium said on Monday it had signed a letter with a syndicate of banks to extend by a month the maturity date on $1.884-billion of loans that were due for repayment at the end of November. Tianqi, one of the world's top producers of lithium chemicals used in electric-vehicle... 

WA lithium miners given tax reprieve

By: Esmarie Iannucci     1st December 2020 The resources sector has welcomed the Western Australian government’s temporary assistance to three lithium mineral producers in the state, to support spodumene concentrate production and to protect jobs in the region. Mines, Petroleum and Energy Minister Bill Johnston has announced that Galaxy... 

Mining can retake investor darling status by going green – Frandsen  

By: Martin Creamer     30th November 2020 The taking of clear sustainability steps can make mining the darling of the investor community once again. Mining cannot participate in anything that leaves the world a worse place and needs to be cognisant of what it takes to have a licence to operate. Mining must have a smaller carbon... 

Pallinghurst Group managing partner and co-founder Arne Frandsen.
Pallinghurst Group Managing Partner and Co-Founder Arne Frandsen interviewed by Mining Weekly’s Martin Creamer on the current demand for sustainable mining. Video: Darlene Creamer.

Govt study into local lithium-ion battery value chain almost complete  

By: Irma Venter     27th November 2020 A study into the possible development of a lithium-ion (li-ion) battery value-chain in South Africa will be completed by the end of the year. The study is being undertaken by Trade and Industrial Policy Strategies (TIPS), on behalf of the Department of Trade, Industry and Competition (DTIC). It... 

Gaylor Montmasson-Clair
Gaylor Montmasson-Clair

Livent opts out of E3 joint development

By: Mariaan Webb     27th November 2020 Lithium technology group Livent has withdrawn from a joint development agreement with emerging lithium developer E3 Metals, citing resource and capital allocation considerations. Although opting out, Livent has expressed confidence in E3’s technology and the Leduc aquifer, the junior says. 

Palladium-dominant Waterberg project's advance is primary objective –­ PTM 

By: Martin Creamer     26th November 2020 The advancement of the palladium-dominant Waterberg Project to a development and construction decision is the primary business objective of Platinum Group Metals (PTM), for which construction funding and concentrate offtake arrangements are being pursued. The Toronto- and New York-listed company,... 

Platinum Group Metals CEO Michael Jones.
Platinum Group Metals CEO Michael Jones.

Galaxy completes institutional placement

By: Esmarie Iannucci     26th November 2020 Lithium miner Galaxy Resources has successfully completed its share placement and institutional entitlement offer to raise an initial A$124-million of its planned A$161-million. Galaxy earlier this week announced plans to raise A$161-million through a 1-for-14 fully underwritten pro-rata... 

IronRidge records positive metallurgical test results at Ewoyaa

By: Tasneem Bulbulia     25th November 2020 Aim-listed IronRidge Resources has reported additional “very positive” metallurgical test results from the Ewoyaa project within its Cape Coast lithium portfolio in Ghana, West Africa. Additional test work has been completed to improve lithium recoveries in coarse grained type P1 and finer... 

Anglo praised for blazing decarbonised mining trail with hydrogen truck project  

By: Martin Creamer     25th November 2020 The electrolyser that will generate renewable hydrogen for the world’s largest hydrogen fuel cell electric vehicle project has been delivered to site by Nel Hydrogen Electrolyser AS, as part of the joint partnership with ENGIE and Anglo American, announced last year. ENGIE is providing the... 

David Bow …..emission from mining trucks equivalent to the entire emissions from a country such as New Zealand or Finland.
Nel Hydrogen Electrolyser Senior Vice President Business Development David Bow interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Galaxy raises cash for Argentina development

By: Esmarie Iannucci     25th November 2020 Lithium miner Galaxy Resources has announced plans to raise A$161-million to fund the Stage 1 development of its Sal de Vida project, in Argentina. The ASX-listed miner on Wednesday told shareholders it would undertake a 1-for-14 fully underwritten pro-rata accelerated non-renounceable... 

Kodal starts gold exploration drilling in Côte d'Ivoire

By: Marleny Arnoldi     23rd November 2020 Having entered into two financing agreement with Riverfort Global Opportunities and a hedge fund operated by Yorkville Advisors Global, Aim-listed Kodal Minerals says it is well-funded to start gold exploration this month in Côte d'Ivoire. The company will explore for gold mineralisation at the... 

Coal mine on point of turning acid mine drainage into potable water at no cost  

By: Martin Creamer     23rd November 2020 An Mpumalanga coal mine is on the point of entering into an agreement before year-end to have its acid mine drainage water curse turned into potable water at no cost, Mining Weekly can today report. Recovered potassium nitrate, which retails at about R15 000/t and which is marketed at about R11... 

John Bewsey
Trailblazer Technologies director John Bewsey interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Albemarle and 27 others push for 100% EV sales by 2030

By: Mariaan Webb     20th November 2020 The world’s largest lithium producer, Albemarle, has teamed up with 27 other organisations to form a US-based coalition committed to achieving 100% electric vehicle (EV) sales by 2030. Known as ZETA, the diverse, nonpartisan group has 28 founding members, including ABB, Con Edison, Duke Energy,... 

Albemarle and 27 others push for 100% EV sales by 2030

SQM pulls trigger on lithium expansion in volume-over-price bet

By: Bloomberg     20th November 2020 SQM, the biggest lithium producer after Albemarle, is moving ahead with plans to more than double capacity in a bet that accelerating electric-vehicle demand will tighten an oversupplied market for the battery metal. Reporting lower-than-expected third-quarter earnings and forecasting flat... 

SQM pulls trigger on lithium expansion in volume-over-price bet

Africa has opportunity in battery metals space, says panel

By: Simone Liedtke     17th November 2020 Despite analyst fears at the start of this year that countries could shift their focus away from reducing carbon emissions, business intelligence firm CRU senior analyst George Heppel says much of the year has been focused on green recovery concepts. Speaking during this year’s virtual Africa... 

Piedmont targets more ground in the US

By: Esmarie Iannucci     17th November 2020 Lithium developer Piedmont Lithium will expand its current drilling campaign by an additional 25 000 m, the company said on Tuesday, with three additional drill rigs arriving over the coming weeks. “We are excited to be aggressively expanding our drill programme with five drill rigs soon to be... 

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