Lithium - Copperbelt Katanga Mining

Glencore to build UK battery recycling plant

February 4, 2022February 4, 2022 Janet

Switzerland-based mining company Glencore has entered a joint venture with a Britain-based investor in battery cell technologies and research and development, Britishvolt, to build a battery recycling system in the UK, including a new plant. The agreement, according to Glencore, would develop a “world-leading ecosystem” for battery recycling in the UK. The plant would be located at the Britannia Refined Metals (BRM) operation in Northfleet. Once complete, the plant will be Glencore and Britishvolt’s first battery recycling facility in the UK, with an expected processing capacity of a minimum of… Read More Here

Cobalt Battery Metals Lithium Nickel

Glencore, Managem partner to recover cobalt, lithium, nickel from recycled batteries

January 26, 2022January 26, 2022 Janet

Diversified miners Glencore and Managem have entered into a partnership to produce cobalt from recycled cobalt, nickel and lithium at Managem’s Compagnie de Tifnout Tiranimine (CTT) hydrometallurgical refinery in Morocco. Glencore and CTT intend to enter into a five-year tolling agreement for 1 200 t/y of recycled cobalt, as well as nickel hydroxide and lithium carbonate. The partnership forms part of Glencore and Managem’s commitments to support the electric vehicle industry in achieving its metals recycling targets. The partnership is conditional on a feasibility study to assess the commercial viability of… Read More Here

Mining in DRC Lithium

China’s Zijin Mining launches first lithium exploration project in DRC

January 24, 2022January 26, 2022 Janet

China’s Zijin Mining Group Co. Ltd said on Monday it had officially launched its first lithium exploration project through a joint venture with Democratic Republic of Congo- (DRC-) owned firm Cominiere. The joint venture, called Katamba Mining, has secured mining rights to two greenfield exploration and mining projects at the periphery of the Manono lithium mine in the DRC, “in order to enhance Zijin’s competitiveness in new energy minerals,” the miner said in a statement. Manono lithium mine is controlled by Australia’s AVZ Minerals, and the mine’s reserves of lithium… Read More Here

International Lithium Mining technology

Sunresin’s Lithium Extraction Technology Opens a New Chapter in Southwest China

January 19, 2022January 19, 2022 Janet

On January 10, Sunresin and Tibet Mineral Development Co.,Ltd signed a 10,000-ton lithium hydroxide contract featuring the Jiezechaka Salt Lake. According to the contract, Sunresin will undertake the construction of the 10,000-ton/year lithium hydroxide production line from salt brine, and provide operation management services for a period of 15 years, contributing to a total of 150,000 tons of standard lithium hydroxide to the market. The contract also includes the intention for Sunresin to provide services for the construction and operation management of the second phase of 20,000 tons and the… Read More Here

Battery Metals International Lithium

Supply squeeze risks are pushing lithium price higher and higher

January 12, 2022January 12, 2022 Janet

Lithium has burst into 2022 with a fresh price spike that hands electric-vehicle makers more warning of even sharper cost pressures to come. Supplies of the mainstay battery material face a series of near-term risks that threaten deeper shortages just as demand accelerates with rising global EV adoption. An already-tight market is being roiled by everything from plant maintenance and Winter Olympics curbs in China, to pandemic-related labor shortages in Australia. That’s set to ratchet up the squeeze on EV manufacturers after a year that saw global lithium prices almost… Read More Here

Mining in DRC Lithium

DRC lithium sector faces potential supply chain risks – report

December 13, 2021January 5, 2022 Janet

A new investigation into the Democratic Republic of Congo’s (DRC’s) nascent, but globally significant, lithium sector sounds the alarm on a swathe of potential supply chain risks, with Global Witness’ report raising key questions about how future production and its environmental impacts will be managed and who stands to benefit if the DRC’s lithium deposits are to meet the growing demand for minerals critical to renewable energy technologies. Set to start in 2023, the country’s lithium production is driven by richer nations’ efforts to decarbonise their economies, with global lithium… Read More Here

Battery Metals Lithium Mining in DRC

AVZ raises A$75m for lithium project- DRC

December 10, 2021January 5, 2022 Janet

AVZ Minerals Limited (ASX: AVZ, “the Company” or “AVZ”) is pleased to announce it has received firm commitments for a placement to raise $75 million (before costs) with 85% of funds coming via new global institutions and the balance from existingsophisticated shareholders including cornerstone investor Suzhou CATH Energy Technologies (“CATH”). The placement was significantly oversubscribed and further confirms the significant level of interest in the Company’s world-class Manono Lithium and Tin Project (“Manono Project”) situated in the Democratic Republic of the Congo (“DRC”).The successful capital raising allows the Board of… Read More Here

Battery Metals Lithium Mining in DRC

lithium-ion battery factory estimated at 39 million USD in the DRC against 112 million USD in China

November 29, 2021November 29, 2021 Janet

In a study released during DRC AFRICA BUSINESS FORUM, BloombergNef argues that the Democratic Republic of the Congo could leverage its abundant cobalt resources and hydroelectric power to become a low-cost, low-emission producer country. lithium-ion battery cathode precursors. The research paper estimates that it would cost $ 39 million to build a 10,000 metric tonne cathode precursor plant in the DRC. That’s three times cheaper than a similar factory in the United States would cost, whereas if it was built in China or Poland, it would cost $ 112 million… Read More Here

Cobalt Battery Metals Copper Lithium Mining in DRC

We remain mobilized to support the battery industry in Africa, starting in the DRC – AfDB Boss

November 26, 2021November 26, 2021 Janet

The DRC – Africa Business Forum closed on Thursday in Kinshasa. This high-level forum intends to provide solutions to improve the living conditions of Africans by developing value chains linked to the mining resources used in electric batteries (cobalt, copper, lithium, manganese, nickel, graphite). A way to take advantage of the global transition to green energy, the use of electricity in transport systems and the decarbonisation of economies “We remain mobilized with other partners to support the development of the battery industry in Africa, starting in the Democratic Republic of… Read More Here

Battery Metals Lithium Mining in DRC

How Congo could become low-cost, low-emissions producer of battery materials – report

November 26, 2021November 26, 2021 Janet

In a report launched at the DRC-Africa Business Forum 2021 taking place this week in Kinshasa, BloombergNEF (BNEF) states that the Democratic Republic of the Congo (DRC) could leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials. The research paper estimates that it would cost $39 million to build a 10,000 metric-tonne cathode precursor plant in the DRC. This is three times cheaper than what a similar plant in the US would cost, whereas if it were to be built… Read More Here