Lithium - Copperbelt Katanga Mining

Atlantic Lithium aims to begin production at Ghana mine in 2024 1

Australia’s Atlantic Lithium (LON: ALL) (ASX: A11) is targeting first production at its Ewoyaa project in Ghana, which would be the country’s first lithium mine, in the second half of 2024. The exploration and development company, which also has lithium projects in Ivory Coast, estimates the operation has the potential to generate nearly $5 billion in revenue over its 12.5-year lifetime. Reporting financial results for the year 2022, the Africa-focused exploration and development firm highlighted its agreement with Piedmont Lithium (ASX, NASDAQ: PLL), which would allow Atlantic Lithium to fund Ewoyaa, via a… Read More Here

Mining in DRC Lithium

TANTALEX LITHIUM RESOURCES CONFIRMS AVERAGE 0,946% LI2O GRADE FROM THE FINAL 115 DRILLHOLES ON MANONO TAILINGS

September 28, 2022September 28, 2022 Janet

Tantalex Lithium Resources Corp. (CSE: TTX – FSE: DW8 – OTCQB: TTLXF) (“Tantalex” or the “Corporation”), is pleased to announce that the final assay results received from it’s 2022 infill drilling program on the K dump has returned an average grade 0,946% Li2O from surface. Manono Tailings – K Dump A total of 2117 metres from 156 aircore drillholes has been completed on nominal 50m centres to define a measured category for the Mineral Resource Estimate currently underway. On September 6th, we announced the results of the assays received from… Read More Here

Lithium Battery Metals International

Zimbabwe announces $2.83 billion deal to locally process several metals, including lithium

September 24, 2022September 24, 2022 arnbethnic

Zimbabwe is currently the only African country to produce lithium. While Namibia, DRC, Ghana or Mali are preparing to join it, Harare is already exploring other ways to better take advantage of this resource. In Harare on Friday, September 16, the government of Zimbabwe initialed a $2.83 billion memorandum of understanding with Chinese companies Eagle Canyon International Group and Pacific Goal Investment Ltd. The tripartite partnership concerns the construction in the southern African country of an industrial complex spread over 5,000 hectares intended to locally transform several metals including lithium. According to… Read More Here

Lithium International

Lithium price smashes new record as supply struggles to feed EV growth

September 18, 2022September 18, 2022 Janet

The surge in prices of lithium, the key battery material used to power electric cars, is seemingly unstoppable. Lithium carbonate hit a fresh record of 500,500 yuan ($71,315) a ton in China Friday, according to data from Asian Metal Inc. Prices more than tripled in the past year, inflating the cost of batteries used in electric vehicles, with recent gains driven by strong demand and disruptions at a domestic producing hub. Consumer support for new-energy vehicles has been gathering pace amid a global transition away from fossil fuels. The China… Read More Here

Lithium Nickel

Chinese investors plan $2.83 billion metals park in Zimbabwe

September 16, 2022September 16, 2022 Janet1 Comment

Zimbabwe’s government approved a proposal by a group of Chinese investors to establish a $2.83 billion battery-metals park that will process metals including lithium, platinum, and nickel, its latest plan to revive its moribund economy. Hong Kong Eagle International Investment Holding Ltd. and Pacific Goal Investment Ltd. intend to develop an integrated industrial park that will include lithium-salt and nickel-sulphate plants, and a nickel-chromium alloy smelter, Eagle International said in documents seen by Bloomberg and verified by Secretary for Mines Pfungwa Kunaka. An agreement on the plan will be signed… Read More Here

Glencore eyes adding lithium to trading business — report

September 16, 2022September 16, 2022 Janet

Mining and commodities giant Glencore (LON: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the battery metal has become the driving force behind electric vehicles (EVs) and concerns over lack of supply continue to grow. The Swiss company would initially include lithium in its zinc and copper business run by Jyothish George and Nick Popovic, two unnamed sources told Reuters. Glencore does not own lithium mines, but has ventured into the metal recycling business this year. In February, it joined forces with… Read More Here

Lithium International

TANTALEX LITHIUM ACHIEVES 6+% LI2O SPODUMENE CONCENTRATE GRADE IN HLS METALLURGICAL TEST WORK ON THE K-DUMP

September 15, 2022September 15, 2022 Janet

Heavy Liquid Separation (“HLS”) tests on a 2 ton bulk samples taken from the K-dump produced a 6+% Li2O spodumene concentrate at four different size classifications. HLS tests produced a 6.5% Li2O spodumene concentrate at overall lithium recoveries exceeding 60%. Fe2O3 content of +- 1.3% in final spodumene concentrate to be reduced further with magnetic separation in Phase 2 testworks. HLS testing is the industry standard lab bench scale testing to establish if physical metallurgy will be sufficient to beneficiate mineral deposits into sellable concentrates. In the K- dump, Li2O, Sn… Read More Here

Lithium

Zimbabwe will raise taxes on platinum, lithium to boost revenue

July 29, 2022July 29, 2022 Janet

Zimbabwe plans to increase royalty rates on platinum producers and introduce one for lithium miners from Jan. 1 as part of efforts to boost its coffers that have come under strain from weakening economic conditions. The rate for platinum miners will double to 5% and a new rate of the same amount will apply to lithium producers, Finance Minister Mthuli Ncube said in his mid-term budget review presented to lawmakers in the capital, Harare, on Thursday. “Mindful of the fact that the tax regime is the main instrument for sharing benefits from finite minerals… Read More Here

Mining in DRC Battery Metals Lithium

Cominière, Dathomir, Zijin, AVZ Minerals, Dathcom Mining: What is happening concretely?

July 17, 2022July 17, 2022 arnbethnic

In an interview conducted by the editorial staff of MNM with the law firm Momentum, the authorities of AVZ gave answers to understand the reasons for the agitation and gluttonous appetite around Manono’s lithium since the validation of the ‘Final feasibility study made by AVZ Minerals. Below is the full interview. MNM: Did the start of the agreements between Dathomir and Cominière date from 2017? Was it AVZ who had created Dathomir and proceeded to draft the Joint-Venture contract according to the declarations of the Cominière company to certain activists from… Read More Here

Battery Metals Lithium Mining in DRC New Mining Projects

AVZ extends share suspension

July 15, 2022July 15, 2022 Janet

Lithium hopeful AVZ Minerals on Friday extended the voluntary suspension of its share trade on the ASX as it still awaits the grant of a mining licence for its Manono lithium and tin project, in the Democratic Republic of Congo (DRC). AVZ in early May announced that the DRC Minister of Mines had signed a ministerial decree to award the mining licence to Dathcom Mining SA, in which AVZ holds a 75% interest. The mining licence was expected to be issued after the payment of surface rights fees. However, by May 11, AVZ had requested a suspension of… Read More Here