Lithium - Copperbelt Katanga Mining

Drilling campaign recommenced at Omaruru Lithium Project

June 23, 2023June 23, 2023 Constance

Prospect Resources Limited (Prospect or the company) is pleased to advise that Reverse Circulation (RC) drilling at its Omaruru Lithium Project (Omaruru) (Prospect 20% interest, with initial earn-in to 40% in progress) in Namibia has recommenced. This program is focused on follow-up extensional drilling at the Brockmans prospect where thick, near-surface, shallow-dipping, higher-grade lithium mineralization was returned from just over 2,000m of RC drilling earlier this year (refer Prospect ASX release dated 28 March 2023).It will also encompass targeted depth extension drilling at the Karlsbrunn prospect. Finally, the program is… Read More Here

International Lithium

Namibia bans export of unprocessed Critical Minerals

June 9, 2023June 9, 2023 Constance

Namibia has banned the export of unprocessed lithium and other critical minerals, the government announced on Thursday June 8th, as it seeks to profit from growing global demand for metals used in clean energy technologies. The southern African country has significant deposits of lithium, which is vital for renewable energy storage, as well as rare earth minerals such as dysprosium and terbium needed for permanent magnets in the batteries of electric cars and wind turbines. “Cabinet approved the prohibition of the export of certain critical minerals such as unprocessed crushed… Read More Here

Mining in DRC Lithium

Canadian Mining Company AJN Resources Acquires 70% Stake in Lithium Project in DRC

June 7, 2023June 7, 2023 Constance

AJN Resources, a mining company based in Vancouver (Canada), announced on June 2, 2023, the conclusion of an agreement with the Congolese company Palm Constellation, based in Kinshasa in the Democratic Republic of Congo (DRC). The latter will have to sell him up to 70% interest in an exploration permit it holds in the Manono region, known to potentially host significant lithium resources. Under the terms of the agreement, two payments totaling US$150,000 will initially be made to the seller by AJN. The latter will have up to six months to… Read More Here

Mining in DRC Lithium

Tantalex Lithium on track to become DRC’s first lithium producer

June 7, 2023June 7, 2023 Constance

While the DRC has some of the best lithium resources in the world, it has, as yet, no formal large-scale lithium production. This situation is likely to change within the next two years as Canadian junior Tantalex Lithium Resources is now well advanced with its plans to produce lithium – and some tin and tantalum – from its primary asset, the Manono tailings dumps in the DRC. Tantalex’s CEO, ERIC ALLARD, recently updated Contributing Editor ARTHUR TASSELL on the progress being made on the project, which could be commissioned by early 2025. The… Read More Here

Lithium International

Sibanye-Stillwater Initiates Construction of Keliber Lithium Refinery

May 11, 2023May 11, 2023 Constance

Sibanye-Stillwater, a prominent mining company, has commenced the earthworks for the Keliber lithium refinery, symbolically laying the foundation stone on March 7, 2023. This milestone signifies the ceremonial launch of the Keliber lithium project, which aims to provide the first locally sourced lithium to power the European green energy ecosystem. The project’s strategic regional positioning, coupled with its robust environmental, social, and governance (ESG) credentials, is poised to deliver the most eco-friendly primary lithium to the expanding European battery market. An estimated €231 million of the projected total capital expenditure… Read More Here

New Mining Projects International Lithium

Operations Start at Zimbabwe’s Zulu Lithium Mine

April 17, 2023April 17, 2023 Constance

Strategic metals and minerals mining firm, Premier African Minerals, has kickstarted operations at its Zulu Lithium Mine in Zimbabwe with the firm making its first blast at the mine. With the blast, the firm says it is set to introduce first ore at the mining facility by mid-April. George Roach, CEO of Premier African Minerals, said “We are waiting for one regent to arrive which is on its way. The objective is to produce SE6 as it is known. It’s a concentrate and a step up in processing of the ore… Read More Here

International Battery Metals Lithium

Glencore to offer lithium batteries recycling services in Spain and Portugal

April 12, 2023April 12, 2023 Constance

Swiss miner and commodities trader Glencore is joining forces with waste management services provider FCC Ámbito and Spanish energy firm Iberdrola to offer lithium-ion battery recycling services in Spain and Portugal. The partners will build a recycling plant that will also offer second-life solutions for batteries, both from gigafactory production scrap and end-of-life batteries, Glencore said n the statement. The companies said they have assessed existing battery recycling capabilities and feed availability in Spain and Portugal, but the location of their factory, to be run by FCC, is yet to be determined. Kunal… Read More Here

Battery Metals Copper International Lithium

Musk puts $14 trillion price tag on sticking by fossil fuels

April 7, 2023April 7, 2023 Constance

Converting the world to entirely clean energy will require $10 trillion worth of investment, but continuing to rely on fossil fuels would cost about $14 trillion, according to Elon Musk. A massive build-out of solar-panel factories and metal refineries are required over the next 20 years to deliver renewable-power generation and electricity-storage capacity needed to power the global economy entirely with carbon-free energy, Tesla Inc. said in its Master Plan Part 3 published Thursday 6th April. The white paper fleshes out the details of Musk’s vision for a world without… Read More Here

Events & Expos Battery Metals Cobalt Copper International Lithium Nickel

Battery Metal frenzy outshines Recovery fears at PDAC

March 9, 2023March 9, 2023 Constance

Tepid global demand for metals driven by recession fears and China’s weak economic recovery have done little to shake the belief among miners that battery materials are heading for an epic bull run. That was the sentiment of thousands of executives, investors, government officials and bankers who crammed into a conference center in Toronto for the past four days to showcase their assets, network and strike deals. For the event organizer, the Prospectors & Developers Association of Canada gathering highlighted the industry’s push to be part of the solution in… Read More Here

International Battery Metals Cobalt Copper Lithium Nickel

Battery metals projects catch eye of Pension funds and Carmakers

March 8, 2023March 8, 2023 Constance

Critical minerals projects are attracting newfound interest from pension funds and automakers to help tackle a looming shortage of battery metals, say some of Canada’s top investment bankers. The rush for metals like lithium, copper and nickel needed to power electric vehicles has “clearly brought the sector into a spotlight that it wasn’t in a few years ago,” Ilan Bahar, global mining co-head at BMO Capital Markets, said during a Monday panel discussion at a mining conference in Toronto. Bank of Montreal’s investment banking business has seen more interest from… Read More Here