Electra Battery Materials Corporation and Rock Tech Lithium have established a memorandum of understanding to collaborate on lithium recycling initiatives in North America. This agreement is designed to use recycled lithium from Electra’s Ontario battery recycling facility, upgrading it to battery-grade lithium chemicals at Rock Tech’s refineries. The focus is on creating a sustainable, closed-loop recycling process for lithium-ion battery...
Savannah, the British company developing a lithium mine in Boticas, Vila Real district, continues to seek investors despite recent legal scrutiny. An official source from the company confirmed to JE that the Barroso Lithium project is proceeding without any constraints. Cooperation with Authorities and Investor Search Efforts While the company and its executives have not been charged following the early...
Lithium Universe is advancing towards a definitive feasibility study for its Apollo project in Canada, having expedited the engineering design of its Quebec lithium processing hub’s (QLPH) stand-alone concentrator. The processing facility, with a planned capacity of 1-million-tonnes per year, is being fast-tracked by WA-based Primero. Plant Design and Processing Strategy Designed to handle an assumed feed grade of 1.1%...
Betolar has teamed up with Metso for a three-year project focusing on the sustainable use of by-products from the lithium hydroxide process. This initiative is set to globally expand Betolar’s technology in conjunction with Metso’s lithium hydroxide processing, targeting clients in the mining and refinery sectors. Converting Analcime Sand for Construction Use The collaboration is aimed at repurposing analcime sand,...
Andrada Mining Limited, a technology metals mining company with assets in Namibia, has made significant progress in its lithium pilot plant and overall lithium strategy. The pilot plant has successfully completed commissioning, producing 10 tonnes of saleable lithium concentrate. Andrada plans to boost production to 250 tonnes per month by early 2024 and is currently in discussions for a petalite...
Extended RC Drilling at Cobra Lithium Prospect Kula Gold has announced the expansion of its current RC drilling program at the Cobra Lithium Prospect, now planning to drill up to 2,000 meters, doubling the original 1,000 meters. The Cobra prospect, located near Greenbushes in Western Australia, is in proximity to the world’s largest hard rock lithium mine. The extension aims...
Exxon’s Shift to Lithium Production Exxon Mobil Corp., traditionally known for its oil and gas operations, has launched its lithium production brand, Mobil Lithium. This move aligns with the broader trend among major oil and gas companies exploring alternative revenue sources in anticipation of declining gasoline demand. Mobil Lithium represents Exxon’s entry into the critical mineral market, crucial for electric...
Current Market Scenario and Rio Tinto’s Strategy In the midst of declining lithium prices and increasing supply, Berenberg analysts suggest that Rio Tinto should capitalize on the current market conditions to acquire lithium assets. Lithium, crucial for electric vehicle batteries and energy storage systems, has been the poorest performing commodity in 2023. Despite this, Rio Tinto sees lithium as a...
Lithium Extraction and Optimization Plant Launched Vulcan Energy Resources Limited has opened its new Lithium Extraction and Optimization Plant (LEOP) in Landau, Germany. This facility marks the start of Europe’s first domestic lithium chemical production, targeting the European lithium supply chain for Battery Electric Vehicles (BEVs). The LEOP, with a €40 million investment, is designed for process optimization, operational training,...
Details of Placing and Open Offer CleanTech Lithium has initiated an Open Offer following its successful Placing, issuing a circular to shareholders that outlines the specifics, including a notice for an upcoming General Meeting. The Placing, which conditionally raised GBP 8 million, involved the issuance of 36,363,638 new ordinary shares priced at 22 pence each. The Firm Placing contributed approximately...
