European Metals Holdings Limited has announced updates on the progress of its Cinovec Lithium Project. The company is actively working on the completion timeline for the Definitive Feasibility Study (DFS) and the construction of the lithium processing plant. The relocation of the lithium processing plant from Dukla to Prunéřov necessitated additional geotechnical work to determine...
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Remedium Lifecare has announced a strategic partnership with UK-based Angel Partners to acquire technology for manufacturing lithium carbonate in India. This collaboration, effective from July 29, 2024, aims to bolster India’s capabilities in producing essential materials for lithium-ion batteries. In addition to this partnership, Remedium Lifecare has also entered into an annual supply agreement with...
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Thousands of protesters gathered across several towns in Serbia on July 29 to express their opposition to the reopening of a controversial lithium mine. The mine, located near the western city of Loznica, had been closed for two years following widespread public dissent. The project, led by Anglo-Australian mining company Rio Tinto, has been a...
READ MORESix months after Sayona Mining and Piedmont Lithium announced a cost-cutting review at their jointly owned North American Lithium (NAL) mine in Quebec, the operation is still struggling to stabilize. In the second quarter, NAL produced 49,660 dry metric tonnes of 5.3% concentrate, a 23% increase from the previous quarter, attributed to improved mill utilization,...
READ MOREEuropean Union Increases Titanium Imports from Russia Fluctuating Import Figures Titanium exports from Russia to the European Union have shown mixed trends in 2024. Over the first five months, exports decreased by 22%, totaling $14.2 million. However, in May, there was a notable increase of almost one-third compared to April, reaching $3.4 million. Country-Specific Import...
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The Strasbourg-based startup Viridian Lithium has signed a lease agreement with the Ports of Strasbourg to establish its lithium production plant in Lauterbourg, Bas-Rhin. This pioneering facility, set on a 14-hectare site with an additional 6 hectares reserved for future expansion, marks the first of its kind in Europe for lithium refining. Founded in 2021,...
READ MOREPiedmont Lithium, a major North American lithium supplier, announced that its North American Lithium (NAL) operations achieved record production in Q2’24, shipping approximately 14,000 dry metric tons (dmt) of spodumene concentrate. The company targets shipping 96,500 dmt in the second half of 2024, aiming for a full-year total of 126,000 dmt, contingent on shipping logistics...
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Between 2014 and 2023, Rwanda topped the global coltan export rankings five times, surpassing the Democratic Republic of Congo (DRC). Despite accusations of “illegally” exporting Congolese coltan, Rwanda claims to possess mineral reserves worth $150 billion and is now seeking to uncover this potential. On July 23, the Rwandan government signed an agreement with Rio...
READ MOREThe Australian lithium mining sector has experienced turbulent times over the past couple of years. Lithium prices soared in late 2021, driven by forecasts of extensive electric vehicle (EV) adoption. However, a global rush to capitalize on high prices led to an oversupply of lithium, flooding the market. Concurrently, EV sales failed to meet expectations,...
READ MORELithium Universe has provided a progress update on its Becancour Lithium Refinery Project. The project is advancing as planned, with key milestones being achieved, including the finalization of the plant layout, issuing technical specifications for capex estimation, and progressing with supplier quotations. Environmental site visits and studies have identified no significant issues, and the transition...
READ MOREChina’s Aluminum Production Hits Ten-Year High Amid Surging Demand China achieved a ten-year high in aluminum production in June 2024, reaching nearly 3.7 million tons, a 6.2% increase from June 2023, according to the National Bureau of Statistics. This surge brought the first half of 2024’s total production to 21.55 million tons, up 6.9% year-on-year....
READ MORELithium Australia has successfully completed the final stage of piloting its LieNA technology in collaboration with Mineral Resources Limited (MinRes) at the Australian Nuclear Science and Technology Organisation (ANSTO). This stage focused on producing lithium phosphate from spodumene concentrate supplied by MinRes. The pilot plant’s performance and the quality of the lithium phosphate produced are...
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A recent report by consultancy S&P Global reveals that it takes nearly 29 years on average to develop a new mine in the United States, making it the second-longest process worldwide, behind Zambia’s 34-year timeline. This extended timeframe hinders U.S. efforts to increase production of critical metals like lithium and nickel, essential for the energy...
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ReElement Technologies Corporation has entered a strategic partnership with UK-based Jupiter Lithium to develop Nigeria’s first large-scale lithium deposit. Located 100km from Abuja, Jupiter’s project spans 442 km² of lithium-rich terrain, marking a significant step in establishing Nigeria as a regional hub for lithium mining, battery production, and electric vehicle (EV) manufacturing. Mark Jensen, CEO...
READ MORECore Lithium has reported preliminary production results and its financial position for the fiscal year ending June 30, 2024. The company achieved 95,020 dry metric tonnes (dmt) of spodumene concentrate, exceeding its revised production guidance. Additionally, Core shipped 97,423 dmt, with the June quarter seeing record shipments of 33,027 dmt of spodumene concentrate and 19,771...
READ MOREState Secretary for Economic Affairs Franziska Brantner has highlighted the significance of the forthcoming agreement between the European Union and Serbia on raw material supplies, calling it a vital move toward reducing European reliance on China. “The memorandum of understanding with Serbia is a crucial step in utilizing European deposits in a European manner and...
READ MOREVolt Lithium has achieved a significant milestone by scaling up its field unit to a processing capacity of 96,000 litres per day, marking a 100-fold increase in its capabilities. This advancement sets the stage for the company to commence field operations in the third quarter of 2024. The company has reported lithium recoveries of up...
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Despite a drop from the highs seen in 2022, the lithium industry has been undergoing major changes in 2024. In the first quarter of 2024, global lithium reserves and resources saw a remarkable increase, reaching 303.5 million metric tons—a 52.2% rise compared to the same period three years ago. As suppliers adapt, some have started...
READ MOREFangyuan New Materials has announced significant enhancements in its production capabilities for essential battery components. According to recent research records, the company currently boasts an annual production capacity of 86,000 tons of ternary precursor and 10,000 tons of lithium salt products. The ternary precursor production line is capable of producing intermediate nickel cobalt salts, essential...
READ MOREKamativi Mining Company (KMC) has postponed the commissioning of the second phase of its lithium processing plant to September, originally planned for last month. The facility, which is designed to process 300,000 tonnes of spodumene concentrate annually, is set for a trial run this month. KMC attributed the delay to unforeseen challenges, particularly changes in...
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Industry experts at the World Materials Forum in Paris last week expressed concerns about investing in critical minerals and energy transition projects, citing uncertainties surrounding consumer demand for electric vehicles (EVs) and government commitments to zero-carbon goals. While the long-term need for materials like lithium, cobalt, and copper remains clear to support a transition away...
READ MOREChinese Aluminum Producers Eye Belarus for Expansion Intentions Announced Around 20 Chinese producers of aluminum semi-finished products have announced plans to cooperate with the Belarusian Universal Commodity Exchange during a recent meeting with its management. Current Market Dynamics Aluminum products such as pipes, sheets, foil, and profiles are currently sold through this platform. These products...
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Zinnwald Lithium PLC has announced new resource estimates for its project in Saxony, Germany, indicating a potential 50% increase in possible production. The lithium producer had previously forecasted an initial first phase production of 12,000 tonnes per annum (tpa). The updated estimates now anticipate production between 16,000 tpa and 18,000 tpa of battery-grade lithium, reflecting...
READ MORENorilsk Nickel (Nornickel), Russia’s top metals miner, is progressing with the development of the Kolmozerskoye lithium deposit in the Murmansk region amid curtailed exports to the country hit by Western sanctions. The project, the largest of its kind in Russia, is being conducted through a joint venture with state nuclear corporation Rosatom called Polar Lithium....
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