Premier African Minerals, a diversified mining group focused on Zimbabwe, is navigating through both promising developments and challenges at its Fort Rixon lithium mine in Matabeleland South Province. CEO George Roach shared his mixed feelings about the progress at the Zulu Lithium plant, which is on the brink of commencing commercial production, with initial shipments...
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Local and national environmental groups have secured a 15-day extension to appeal the approval of the Hell’s Kitchen lithium and geothermal projects near the Salton Sea. Comite Civico del Valle and Earthworks are in talks with Controlled Thermal Resources (CTR) to enhance the project’s environmental sustainability and ensure community benefits. Luis Olmedo, executive director of...
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E3 Lithium announced its strategic goals for 2024, a year poised for significant growth and development. Following a year of marked progress, the company is setting its sights on advancing its flagship Clearwater Project towards commercial operation, with ambitions to begin revenue generation. 2023 was a landmark year for E3 Lithium, showcasing the commercial viability...
READ MORELithium Universe has announced the acquisition of a key industrial site in the Bécancour Waterfront Industrial Hub (BWIP) for its innovative multi-purpose battery-grade lithium carbonate refinery. This strategic move is part of the company’s Québec Lithium Processing Hub (QLPH) strategy, aiming to capitalize on the growing demand for electric vehicle (EV) batteries in North America....
READ MOREThe journey of lithium, often dubbed “white gold” due to its crucial role in the ecological transition, has been anything but stable. After peaking at over $86,000 per ton in November 2022, lithium prices plummeted to around $13,000, marking an 85% drop. This significant decline comes at a time when lithium’s demand is projected to...
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Lithium de France, a subsidiary of the Arverne Group, has been granted a new exploration license for lithium and associated substances in Northern Alsace. The license, named “Les Poteries Minérales,” encompasses an area of 151 square kilometers in the Bas-Rhin region of France. This latest development, as announced in the French Journal Officiel on 16...
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Argosy Minerals has provided an update on its Rincon Lithium Project, detailing advancements in its operational capabilities and outlining future expansion plans. The company has been focusing on its 2,000 tonnes per annum (tpa) lithium carbonate production facility, which has produced approximately 67 tonnes of battery-quality lithium carbonate thus far. Recent operational and testing efforts...
READ MORENickel Production Dynamics Projected Declines in Key Producing Nations The international nickel market is witnessing significant fluctuations, with a pronounced decline in prices since the previous year adversely affecting nickel miners globally, particularly in Australia. This trend is expected to extend to major producers in China and Indonesia, with forecasts suggesting a collective reduction in...
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Chilean lithium giant SQM, in collaboration with Australian mining heavyweight Hancock Prospecting, has finalized an agreement to acquire 100% of Australian mining firm Azure Minerals. The deal is set at a purchase price of A$3.70 (€2.24) per share, totaling an investment of approximately 1.7 billion Australian dollars (around 1.03 billion euros), surpassing initial estimates. This...
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The Russian government, led by Chairman Mikhail Mishustin, has sanctioned an auction for the Zavitinskoye lithium deposit located in the Trans-Baikal Territory. This strategic move, announced by the Ministry of Natural Resources, positions the auction’s initial payment at 1.059 billion rubles, signaling the government’s intent to capitalize on this valuable natural resource. The Zavitinskoye deposit...
READ MOREIn a significant move towards bolstering Kazakhstan’s lithium industry, a consortium comprising German firms Knauf Gruppe, GP Gunter Papenburg AG, Roxtec, and the German Institute of Lithium (ITEL) has been established to develop and produce lithium from deposits within the country. This collaboration was announced by the Ministry of Industry and Construction of Kazakhstan, signaling...
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Albemarle, a leader in the lithium industry, has highlighted the current low lithium prices as unsustainable, reflecting broader market challenges and influencing its strategic decisions, including the acquisition of a Chinese lithium firm for $200 million. During a recent analyst briefing following the announcement of its fourth-quarter results, CEO Kent Masters expressed concerns over the...
READ MOREEuropean Energy Metals has announced the granting of the Nabba and Nabba 2 Exploration Licences (ELs) by the Finnish Chemical and Safety Agency (TUKES) for its Central Finland Lithium Project. Applied for in September and October 2023, these licences cover areas of 2,780 and 1,740 hectares respectively, marking a significant step forward in the company’s...
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Industrie De Nora announced a new partnership with Mangrove Lithium, a Canadian firm renowned for its electrochemical lithium refining. The collaboration, revealed on February 15, 2024, underscores De Nora’s commitment to strengthening its presence in the energy storage sector and supporting advancements in lithium electrolysis processes critical for sustainable energy development. Through this partnership, De...
READ MOREKhalifa Economic Zones Abu Dhabi, a leading operator of integrated economic zones, and UAE-based Titan Lithium have entered into a 50-year land lease agreement to build a cutting-edge lithium processing facility in the Khalifa Industrial Area. With an investment of AED 5 billion (USD 1.35 billion) from Titan Lithium, the project is set to be...
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Mining titan Anglo American has announced a collaboration with the Finnish Minerals Group (FMG) to advance Finland’s ambitious battery strategy. This partnership underscores Anglo American’s foray into securing lithium offtake deals amid escalating global demand for EVs, despite the company’s current absence of lithium mining assets. Alison Atkinson, Anglo American’s Projects & Development Director, lauded...
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Valor Resources is strategically positioning itself within the burgeoning lithium market by securing rights to the Frazer Lake lithium project in Ontario, Canada. This 83-square-kilometre project, soon to be part of the entity known as Thunderbird Resources, has already shown promising results with pegmatite sampling revealing significant lithium oxide concentrations. Located in the Thunder Bay...
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Li-Metal Corp., at the forefront of lithium metal anode and production technology development, has successfully concluded a concept study for a pioneering lithium metal production facility in North America. This facility is set to boast an annual capacity of up to 1,000 tonnes. Study Highlights: Li-Metal’s study, conducted by a globally recognized engineering and professional...
READ MOREAn Australian company’s initiative to mine lithium in southeast Utah is sparking worries about the potential impact on Colorado River water. This project, aimed at tapping into the lithium-rich saline waters of the Paradox Basin, has raised eyebrows over the use of water in a region already grappling with drought. The project’s proximity to the...
READ MOREPiedmont Lithium, headquartered in Belmont, has announced a significant workforce reduction and a series of cost-cutting initiatives in response to the current downturn in lithium prices. The company, listed on NASDAQ under the ticker PLL, reported the termination of 16 employees, constituting 27% of its workforce, as part of a broader strategy to streamline operations...
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Infinity Lithium has successfully completed a Locked Cycle Test (LCT) program at Simulus Group laboratories, demonstrating exceptional lithium recoveries from its San José project. The LCT program utilized the Li-Stream RPK™ process, achieving over 90% recovery of lithium from Run of Mine (ROM) to the final product. This marks a significant advancement in the project’s...
READ MORESigma Lithium has successfully shipped 22,000 tonnes of lithium concentrate from the Port of Vitoria, marking the company’s sixth shipment of its kind. Glencore AG has made an advance payment covering 50% of the shipment’s value, based on a premium pricing agreement. This pricing is calculated at a provisional rate of 7.5% for lithium hydroxide...
READ MOREIn a notable shift within the domestic lithium market, lithium carbonate production experienced a significant downturn, with figures falling to approximately 32,000 tons in February. This marks a considerable month-on-month decrease of 22.9% from January’s production of 42,000 tons, despite a year-on-year increase of 3.9%. The reduction in production comes amidst a combination of factors,...
READ MORENamibia, a beacon for mining investment in Africa, faces a pivotal moment in its economic trajectory. Despite its rich deposits of critical minerals, including diamonds, magnesium, zinc, and notably lithium and rare earth elements (REEs), the country’s ambition to refine its own minerals is hampered by a lack of necessary infrastructure. Mining significantly contributes to...
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