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Category: Lithium

AVZ Launches Legal Action to Affirm Interests in the Manono Project 1 Battery Metals Lithium Mining in DRC 

AVZ Launches Legal Action to Affirm Interests in the Manono Project

arnbethnic
AVZ Minerals Limited through its wholly owned subsidiary AVZ International Pty Ltd (AVZI), on 1 December 2022 filed the first of two International Chamber of Commerce (ICC) arbitrations against Dathomir Mining Resources SARL (Dathomir) (First Dathomir Arbitration) and expects to file the second arbitration shortly (Second Dathomir Arbitration) (together the Dathomir Arbitrations). The purpose of the Dathomir Arbitrations is to seek a declaration affirming AVZI’s legal title to the 15% stake in the Manono Project acquired under the validly executed and completed sale and purchase agreements with Dathomir, there being… Read More Here
Lithium price to retreat from record as electric car sales slow 2 Lithium Battery Metals International 

Lithium price to retreat from record as electric car sales slow

arnbethnic
Extracting lithium involves pumping underground water deposits to the surface and then extracting the metal from evaporation pools. (Stock image.) Healthy demand from battery manufacturers and shortages have propelled lithium prices to records, but rising supplies and China removing subsidies for electric vehicles mean a retreat is on the cards. Battery grade lithium prices trading near $85,000 a tonne are more than double the levels seen at the start of 2022 and four times the levels seen in September 2021. China, which bought one of every two electric vehicles sold… Read More Here
Zimbabwe to enact a law that forbids the export of mineral concentrates 3 International Environment Social Governance (ESG) Lithium 

Zimbabwe to enact a law that forbids the export of mineral concentrates

Copperbelt Katanga News1 Comment
In a few days to come, Zimbabwe will gazette a law that will ban exports of raw minerals and concentrates to enable the country to fully benefit from its mineral wealth without having to export more jobs. Speaking at the official commissioning of the US$67 million new Central Shaft Expansion Project at Blanket Mine in Gwanda town, President Mnangagwa said the move to ban exports of raw lithium comes at a time when Chinese Nationals were getting the commodity at a song in Mberengwa depriving the people of fair value.… Read More Here
EV Battery Lithium Battery Metals Cobalt International 

A Battery Passport can create a circular economy for EVs

arnbethnic
Benedikt Sobotka warns that the lack of recycling capability could dramatically limit the speed at which the EV transition takes place Transportation currently accounts for 37% of global CO2 emissions, according to the International Energy Agency, which means the decarbonisation of the transport sector forms an essential part of any serious plan to address climate change. At the heart of this process is the transition from traditional, internal combustion engine (ICE) vehicles to electric vehicles (EVs). Global electric car sales have continued on a strong upward trend in 2022, with… Read More Here
Greening global economy brings dependence on critical minerals 4 Battery Metals Cobalt Copper Global markets Lithium Nickel 

Greening global economy brings dependence on critical minerals

arnbethnic
After nearly a century of geopolitical tension over access to oil, experts worry that the global transition to clean energy is creating new dependencies on the critical minerals needed for solar panels, wind turbines and electric vehicle batteries. ADVERTISING Control over most of these essential elements is concentrated in a handful of countries, none more than China, they note. Which metals are key for the energy transition? Cobalt, nickel, manganese and lithium are critical to making electric vehicle batteries. Rare earths such as neodymium, praseodymium and dysprosium are used in… Read More Here
Consider industrial mining investment outside of Greater Katanga! (Grandstand)-DRC 5 Mining in DRC Cobalt Copper Lithium 

Consider industrial mining investment outside of Greater Katanga! (Grandstand)-DRC

admin
The DRC is a geological scandal. There is gold, cobalt, copper, lithium, coltan, etc. These natural advantages are reflected in particular by the country’s positive growth rate, driven largely by the mining sector. However, on closer inspection, this potential seems to me to be under-exploited. Indeed, when I analyze the State of mining titles dated July 2021, it appears that out of the 388 active mining titles belonging to private entities, 245, or 63% are located in the provinces of Upper Katanga and Lualaba. The western provinces where there are however traces of minerals… Read More Here
Atlantic Lithium aims to begin production at Ghana mine in 2024 6 Lithium 

Atlantic Lithium aims to begin production at Ghana mine in 2024

admin
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
TANTALEX LITHIUM RESOURCES CONFIRMS AVERAGE 0,946% LI2O GRADE FROM THE FINAL 115 DRILLHOLES ON MANONO TAILINGS 7 Mining in DRC Lithium 

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

admin
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
Zimbabwe announces $2.83 billion deal to locally process several metals, including lithium 8 Lithium Battery Metals International 

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

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 price smashes new record as supply struggles to feed EV growth 9 Lithium International 

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

admin
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

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