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Lithium News

Chile gives Albemarle option to boost lithium quota by 240 000 metric tons

By: Reuters     Updated 31 minutes ago Chile's economic development agency CORFO on Wednesday said it reached an agreement with Albemarle to establish an option for the US company to increase its production quota by 240 000 metric tons of lithium metal equivalent (LME). The increase would raise Albermarle's production quota by close... 

Patriot and Albemarle’s downstream lithium collaboration ends

By: Mariaan Webb     15th May 2024 Lithium exploration company Patriot Battery Metals will no longer pursue a downstream lithium processing partnership with shareholder Albemarle, it was announced on Wednesday. Patriot, which owns the Corvette property in Canada, said that a nine-month term of a memorandum of understanding (MoU)... 

Ken Brinsden says the collaboration with Albemarle has been extremely valuable.
Ken Brinsden says the collaboration with Albemarle has been extremely valuable.

Atlantic appoints versed Ghanaian lawyer, corporate banker to its board

By: Marleny Arnoldi     15th May 2024 Aim-, ASX- and Ghana Stock Exchange-listed Atlantic Lithium has appointed Edward Koranteng as nonexecutive director to the board effective immediately. As a lawyer and experienced corporate investment banker with experience in Ghana, he can support the company’s objectives of delivering the... 

Artist impression of planned Ewoyaa project
Artist impression of planned Ewoyaa project

Lithium miner debuts as Ghana’s first listing in two years

By: Bloomberg     14th May 2024 Australian-based Atlantic Lithium, which is developing Ghana’s first lithium mine, has taken a step toward raising capital from equity investors in the country. The company has listed all its shares in issue on the Australian Securities Exchange and London Stock Exchange’s AIM board, on the... 

Atlantic Lithium is now trading on the GSE.
Atlantic Lithium is now trading on the GSE.

Green energy presenting South Africa with massive reindustrialisation chance – Nedbank  

By: Martin Creamer     13th May 2024 Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the Green Hydrogen Roundtable on Monday. “We have an opportunity for South Africa to completely... 

From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green Hydrogen Roundtable covered by Mining Weekly's Martin Creamer. Video: Creamer Media's Shadwyn Dickinson.

Zimbabwe leading the sub-Saharan African lithium mining boom

By: Darren Parker     13th May 2024 The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the regional leader, countries like the Democratic Republic of Congo (DRC), Namibia and South Africa are also... 

lithium ore

Ardiden CEO steps down amid restructuring

By: Creamer Media Reporter      13th May 2024 Exploration company Ardiden’s Greg Romain has resigned as MD and CEO with immediate effect, the ASX-listed junior announced on Monday. CFO Tara Robson has assumed the role of interim CEO of the company, which owns the Pickle Lake gold project in Ontario, Canada. 

GR Engineering bags A$71m Kathleen Valley contract

By: Creamer Media Reporter      10th May 2024 ASX-listed GR Engineering Services has been awarded an engineering, procurement and construction (EPC) contract with LRL, a wholly-owned subsidiary of Liontown Resources, for the Kathleen Valley lithium backfill project. The scope of the A$71-million contract is two paste plants, which will... 

GR Engineering bags A$71m Kathleen Valley contract

Fantastic advance by Proudly South African manganese battery metal first-mover 

By: Martin Creamer     10th May 2024 Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be established is a faster stream to market, which is not only ahead of the global game, but also... 

Manganese Metal Co chairperson Bernard Swanepoel
Manganese Metal Company interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Savannah could request compulsory land acquisitions for Portuguese lithium project

By: Reuters     10th May 2024 London-based Savannah Resources will if necessary ask Portugal's government to authorise compulsory land acquisitions for its planned lithium mines in the country's north, CEO Emanuel Proenca said, adding that it prefers "friendly deals". The company requires around 840 hectares for its... 

Savannah could request compulsory land acquisitions for Portuguese lithium project

SQM and Hancock wrap up Azure transaction

By: Mariaan Webb     10th May 2024 Australian battery metals explorer Azure Mining has been successfully acquired by joint bidders SQM and Hancock Prospecting in a A$1.7-billion deal.   The Chilean miner teamed up with Australia’s richest person, Gina Rinehart, in December to buy the lithium developer. 

India considers incentives for lithium processing, sources say

By: Reuters     9th May 2024 India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New Delhi tries to develop its nascent lithium mining and boost supplies of the EV battery metal, three government sources said. It would offer incentives to companies to set up... 

Standard Lithium and Equinor form US lithium partnership

By: Creamer Media Reporter      9th May 2024 TSX-V-listed Standard Lithium on Wednesday announced a strategic partnership with NYSE-listed energy group Equinor to accelerate the development of lithium projects in Arkansas and Texas. In terms of the transaction, Equinor will make a $160-million investment for a 45% interest in two special... 

MinRes abandons Lake Johnston buy

By: Creamer Media Reporter      9th May 2024 ASX-listed Mineral Resources (MinRes) has decided to withdraw from the proposed acquisition of the Lake Johnston nickel concentrator plant and mining rights, in Western Australia. MinRes in March entered into an agreement with Poseidon Nickel to acquire Lake Johnston with a view of converting... 

MinRes abandons Lake Johnston buy

Leo Lithium sells Mali project to Ganfeng for $342m

By: Mariaan Webb     8th May 2024 Australia-listed Leo Lithium has announced it is exiting the Goulamina project, in Mali, with the sale of its remaining 40% interest to joint venture (JV) partner Ganfeng. The Chinese group will pay Leo $342.7-million for the remaining stake in Goulamina. 

Leo Lithium sells Mali project to Ganfeng for $342m

Piedmont Lithium wins US state mining permit after posting reclamation bond

By: Reuters     8th May 2024 Tesla supplier Piedmont Lithium has officially obtained a North Carolina state mining permit after posting a $1-million reclamation bond to develop an open-pit mine that would become one of the largest US sources of the key battery metal. The North Carolina Department of Environmental Quality on... 

Piedmont Lithium wins US state mining permit after posting reclamation bond

Atlantic achieves positive drilling results at Ewoyaa target

By: Sabrina Jardim     7th May 2024 Africa-focused lithium exploration and development company Atlantic Lithium has reported that initial assay results from the drilling completed so far this year at its Ewoyaa project, in Ghana, have delivered impressive intersections, providing confidence in the growth potential of the current... 

Savanna reports passing of former CEO David Archer

By: Creamer Media Reporter      7th May 2024 London-listed Savannah Resources, the developer of the Barroso lithium project in Portugal, on Tuesday reported the sudden and unexpected passing of former CEO, David Archer. Archer was the CEO of Savannah from 2013 to 2022. 

Patriot discovers new high-grade zone

By: Creamer Media Reporter      7th May 2024 Dual-listed Patriot Battery Metals has announced the discovery of a new high-grade zone at the CV13 spodumene pegmatite following the recently completed winter drill programme at Corvette, in Quebec. The CV13 spodumene pegmatite is located about 3 km west-southwest of the CV5 spodumene... 

Develop considers two pathways for Pioneer Dome lithium project

By: Mariaan Webb     7th May 2024 ASX-listed Develop has unveiled the results from an updated scoping study for its Pioneer Dome lithium project, in Western Australia, with two production scenarios now under consideration. Both scenarios – the first based on building a comprehensive processing plant and the second a mine gate... 

Develop MD Bill Beament
Develop MD Bill Beament

Argentina mining exports up 4.3% in 2023 as industry confidence grows

By: Reuters     6th May 2024 Argentina's mining exports grew 4.3% in 2023 over the year, driven by lithium, an industry group said on Friday, expressing confidence that the country's ample metals and minerals deposits can help lift the economy from a prolonged crisis. Exports reached $4.032-billion last year, Roberto... 

Platinum-based green hydrogen emerging as Winter Olympics decarbonisation pillar 

By: Martin Creamer     3rd May 2024 Green hydrogen, which is generated with the benefit of the catalysis that platinum group metals (PGMs) provide, is being increasingly highlighted as a pillar of the global decarbonisation transition that is poised to save the world from ruinous climate change. News just out is that steps are... 

Platinum metals support every step of green hydrogen’s decarbonisation of the world.
Platinum metals support every step of green hydrogen’s decarbonisation of the world.

Kathleen Valley nearing first production

By: Creamer Media Reporter      3rd May 2024 Lithium developer Liontown is getting closer to first production – scheduled for mid-year – with the miner this week reaching the key milestone of crushing first ore at its flagship Kathleen Valley project, in Western Australia. Commissioning of the dry plant started in late March, the... 

Kathleen Valley nearing first production

Albemarle may lower capex if lithium prices stay low

By: Reuters     3rd May 2024 Albemarle, the world's largest producer of lithium for electric vehicle batteries, could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on Thursday. Executives at the North Carolina-based company spoke in a call with analysts a day after... 

Albemarle may lower capex if lithium prices stay low

Atlantic Lithium given the go-ahead to list on Ghana exchange

By: Creamer Media Reporter      2nd May 2024 Africa-focused lithium exploration and development company Atlantic Lithium has received approval from the Ghana Stock Exchange's (GSE's) listing committee and Ghana's Securities and Exchange Commission to list the company's ordinary shares on the main market of the GSE at a yet-to-be announced... 

Artist's impression of the planned Ewoyaa lithium project operation in Ghana

Clean energy critical minerals can transform sub-Saharan Africa – IMF

By: Schalk Burger     30th April 2024 Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the potential to transform the region, the International Monetary Fund (IMF) states in its ‘Regional Economic... 

FIRB approves Azure takeover by SQM and Hancock

By: Creamer Media Reporter      30th April 2024 The Foreign Investment Review Board (FIRB) has approved the acquisition of ASX-listed Azure by SH Mining – a bid vehicle jointly owned by Sociedad Quimica y Minera de Chile (SQM) and Hancock Prospecting. SH Mining will acquire Perth-based Azure for $3.70 a share. 

Greenbushes to operate at full capacity for rest of the year

By: Mariaan Webb     30th April 2024 The Greenbushes lithium mine, in Western Australia, is set to produce at full capacity for the remainder of the calendar year, after the owners of the mine agreed a further spodumene concentrate supply deal. IGO reports that the Greenbushes holding company will sell SC6.0 spodumene concentrate... 

The Greenbushes lithium mine
The Greenbushes lithium mine

China lithium giant's founder hands reins to daughter after major loss

By: Bloomberg     30th April 2024 Jiang Weiping, the founder of major Chinese lithium producer Tianqi Lithium, resigned as chairman after the battery-material producer reported its biggest-ever quarterly loss of more than half a billion dollars. The man who led Tianqi for more than two decades stepped down on Monday “in order to... 

Jiang Weiping has resigned as chairperson of Tianqi Lithium
Jiang Weiping has resigned as chairperson of Tianqi Lithium

Critical minerals, food crops at risk of climate disruption by 2050, report shows

By: Darren Parker     30th April 2024 More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report, titled ‘Climate Risks to Nine Key Commodities Report’, shows that the production of copper, cobalt and... 

A graph showing the heat stress and drought riks of various commodities

Aterian sells portion of its royalty over Rwanda lithium project

By: Darren Parker     29th April 2024 London-listed critical metal-focused exploration and development company Aterian has sold its portion of the net smelter return royalty (NSR) over the HCK lithium project, in Rwanda, for £200 000. The company announced on April 29 that it had signed an agreement to sell an interest of 1.4% of the... 

Thor reports lower revenue, profits for 2023

By: Darren Parker     29th April 2024 Gold mining and exploration company Thor Explorations has reported a $24-million year-on-year decrease in revenue from $165.2-million in 2022 to $141.2-million for the year ended December 31, 2023. Thor operates the Segilola gold mine, in Nigeria, and also holds several mineral exploration... 

Ongoing Douta exploration efforts
Ongoing Douta exploration efforts

Saudi Arabia set on securing lithium for EV ambitions

By: Reuters     29th April 2024 Saudi Arabia is committed to sourcing lithium from overseas as it looks to produce EV batteries and invest in the electric vehicle sector, a senior minister said in an interview, noting attempts to secure domestic supplies were at an early stage. Saudi Arabia, whose economy has for decades... 

Saudi Arabia set on securing lithium for EV ambitions

On lithium’s frontier, miners are betting on a greener second act

By: Bloomberg     26th April 2024 Against the arid, red dirt of the Australian Outback, the Mount Holland lithium mine emerges to approaching visitors as a colossal grey-tinged crater, with trucks the size of houses edging along its steep inclines. An expanding site at the heart of the world’s top lithium-producing region, the... 

On lithium’s frontier, miners are betting on a greener second act

Sayona bolsters leadership team as search for CEO and chair continues

By: Mariaan Webb     26th April 2024 ASX-listed lithium miner Sayona Mining has taken a forward in its leadership restructuring by announcing the appointment of Dougal Elder as CFO on Friday. Elder, who initially joined Sayona as finance manager in September 2022, succeeds Paul Crawford in the role. Crawford will continue as an... 

The newly-built crushed ore dome will fortify NAL's operational reliability during winter months.
The newly-built crushed ore dome will fortify NAL's operational reliability during winter months.

SQM partner Tianqi Lithium requests shareholders vote on Codelco tie-up

By: Reuters     26th April 2024 China's Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company SQM, in which it is a major shareholder, and state-run copper miner Codelco be put to a shareholder's vote. The Santiago-based SQM, the world's no. 2 lithium producer, is in... 

How 30 years of democracy has transformed South Africa's mining industry  

By: Martin Creamer     25th April 2024 South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s significant advance since the dawning of democracy in 1994. Importantly, South Africa’s highly regarded... 

Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa CEO Mzila Mthenjane.

Zimbabwe’s Mnangagwa names new Mines Minister in mini-reshuffle

By: Bloomberg     25th April 2024 Zimbabwe’s President Emmerson Mnangagwa has reappointed Winston Chitando as the Southern African nation’s Mines Minister, a post he held before last year’s elections. Prior to his reappointment, Chitando was the local government minister. 

Zimbabwe Mines Minister Winston Chitando
Photo by Reuters
Zimbabwe Mines Minister Winston Chitando
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