Battery Metals - Copperbelt Katanga Mining

TANTALEX LITHIUM CLOSES ON 3M USD WORKING CAPITAL FACILITY

January 24, 2023January 24, 2023 Constance

Tantalex Lithium Resources Corp. has announced that it has closed a working capital finance facility of $3 million for its TiTan tin and tantalum concentrate plant, which is scheduled to begin production at the end of March 2023. The funds will be made available for drawdown as of February 8th, 2023. The Facility shall be repaid in installments of $125,000 per month plus the interest payable at a rate of 10% per annum. Construction works have now resumed, and transportation of the plant modules from Manono to the plant location… Read More Here

Battery Metals Mining in Zambia

FQM Nickel Mine Production Not et Commenced

January 24, 2023January 24, 2023 Constance

First Quantum Minerals (FQM) has announced that the official start date for production at its projected $800 million annual revenue nickel project in Kalumbila has not yet been set, as the miner is still in the stripping process. In an interview with the Zambian Business Times (ZBT), FQM Government Relations Manager Dr. Godwin Beene stated that there has not yet been an official date set as they have not yet completed the stripping process, as the team has not yet reached the ore bodies. Dr. Beene, who is also the… Read More Here

Mining in Zambia Battery Metals

Zambia to Start Construction of Electric Vehicle Battery Manufacturing Plant in Three Months

January 24, 2023January 30, 2023 Constance

Mines Minister Paul Kabuswe has urged Zambians to be patient until 2026 to assess whether the government has succeeded in managing the mining sector, which is currently in a state of flux due to efforts to reorganize the extractive industry. Mr. Kabuswe also announced that construction of an electric vehicle battery manufacturing plant will begin in the next three months, with feasibility studies and other regulatory processes currently underway in Ndola, where the plant will be located. Speaking today 24.01.2023 on Tuesday’s edition of the “Let the People Talk” program,… Read More Here

Battery Metals Exploration International

Quantum Battery Metals further Gears Up for Copper Demand

January 23, 2023January 23, 2023 Constance

Quantum Battery Metals Corp., a battery metals mining company, has announced plans to review property acquisition for battery metal projects and expand its focus towards copper opportunities. A projected chronic gap between worldwide copper supply and demand, beginning in the middle of this decade, is expected to have severe consequences on the global economy and impact the timing of achieving Net-Zero Emissions by 2050. Copper is crucial for all energy transition plans, but the potential supply-demand gap is anticipated to be significant as the transition progresses. Quantum is actively engaging… Read More Here

Battery Metals Equipment & Technology International Technology & Innovation

WAE Delivers First Haul Truck Battery to FMG

January 22, 2023January 22, 2023 arnbethnic

Fortescue’s decarbonization journey has taken a major step forward. WAE Technologies recently delivered the largest battery of its kind, ready to be installed in a prototype zero-emission battery-electric haul truck that Fortescue Metals Group (FMG) is developing with Liebherr. The 1.4-megawatt-hour prototype power system will be integrated into a 240-ton haul truck. “WAE and Fortescue are working together to seek to decarbonize faster and more effectively than any other major industrial company in the world,” Fortescue Future Industries CEO Mark Hutchinson said. “The battery system, designed for our zero-emission battery… Read More Here

Battery Metals Energy International

UK And Saudi Arabia To Collaborate On Critical Minerals Delivery

January 19, 2023January 19, 2023 Constance

United Kingdom Business Secretary, Grant Shapps, has agreed to deepen the UK’s collaboration with the Kingdom of Saudi Arabia on critical minerals, putting the government’s ambitions for building more resilient critical minerals supply chains into clear action. The partnership paves the way for the UK and Saudi Arabia to work together on diversifying sources of critical minerals, both through Saudi investment in the UK’s world leading manufacturing and mining finance sectors as well as new opportunities for UK mining firms to do business in Saudi Arabia. This is also important… Read More Here

Battery Metals Energy International

Global Battery Alliance Launches Battery Passport Proof Of Concept

January 19, 2023January 19, 2023 Constance

The Global Battery Alliance (GBA), the world’s largest multi-stakeholder organisation to establish a sustainable battery value chain by 2030, has launched the proof of concept for its Battery Passport at the World Economic Forum’s Annual Meeting in Davos. The Battery Passport is key to facilitating the rapid scaling of sustainable, circular, and responsible battery value chains to meet the targets of the Paris Agreement through electrification of the transport and power sectors. It has been developed over three years by the GBA’s members, who span the global battery value chain… Read More Here

Mining in Zambia Battery Metals News in Brief

Residents of Sinazongwe & Zimba In Dispute Over Lithium Discovery

January 19, 2023January 19, 2023 Constance

The revelation of Lithium deposits in Southern Province of Zambia has led to conflicts between the residents of Sinazongwe and Zimba Districts. The communities of both districts are claiming that the lithium falls under their territories, resulting in ongoing disputes. Benny Siamujansi, the representative of Senior Chief Mweemba, has requested that the Ministry of Local Development supply a map to resolve the disagreement, as he fears it could escalate. Recently, Paul Kabuswe, the Minister of Mines and Minerals, who visited the area, urged the residents to allow for a safe… Read More Here

International Battery Metals

Lithium Miner Heeds Value Addition

January 18, 2023January 18, 2023 Constance

A Chinese billionaire and a South African firm have partnered to establish a lithium processing plant in Mutoko, Zimbabwe as a result of the government’s ban on exports of lithium ore and unpurified salts. The plant is expected to produce two million tonnes of lithium concentrate per year. Last month, the government implemented a ban on exports of lithium ore and unpurified salts, with the exception of ore samples sent for analysis. The ban requires that mineral exports be refined or beneficiated within Zimbabwe to meet international trade standards, adding… Read More Here

Mining in DRC Battery Metals Cobalt

Critical Minerals To Play A Crucial Role In 2023

January 18, 2023January 18, 2023 Constance

The ongoing conflict in Eastern Europe has highlighted Europe’s dependence on Russian gas, causing prices to rise for both individuals and businesses. This has led to increased demand for a rapid shift towards a green economy, which in turn is driving the need for ‘critical’ minerals from the Democratic Republic of Congo, which holds some of the world’s largest reserves of these minerals. In early 2022, President Tshisekedi of the Democratic Republic of Congo, along with the Presidents of Zambia and Rwanda, signed a joint declaration to promote value addition… Read More Here