Lithium - Copperbelt Katanga Mining

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

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

Battery Metals International Lithium

Global demand for lithium batteries to leap five-fold by 2030 – Li-Bridge

February 15, 2023February 15, 2023 Constance

Global demand for lithium batteries is expected to surge more than five-fold by 2030, public-private alliance Li-Bridge said on Wednesday, as more people opt for electric vehicles and energy storage systems. Demand for lithium batteries in the United States is expected to grow more than six times and translate into $55 billion per year by the end of the decade, but still the country is expected to depend on imports for supply, the report add Li-Bridge works toward accelerating the development of a robust supply chain for lithium-based batteries and… Read More Here

Battery Metals International Lithium

General Motors invests $650mn in US lithium mine to secure EV battery materials

February 2, 2023February 2, 2023 arnbethnic

General Motors will invest $650mn in a US lithium mine, a record investment by a carmaker to secure the raw materials used in electric vehicle batteries. The US group will make an initial investment of $320mn by mid-2023 in return for exclusive rights to the first stage of lithium production at Lithium America’s Thacker Pass in the US state of Nevada and almost 10 per cent of the miner’s shares, with a further $330mn to follow later on. “It’s a landmark transaction, and it certainly won’t be the last major… Read More Here

You got to know this Cobalt Lithium

EXPENSIVE BATTERY METALS

January 10, 2023January 11, 2023 Constance

The most expensive battery metals are generally considered to be lithium, cobalt, and nickel. Lithium is the lightest metal and the least dense solid element. It is used in batteries for portable electronic devices, as well as electric vehicles. The price of lithium has fluctuated in recent years, but it is generally considered to be one of the most expensive battery metals. Cobalt is a hard, lustrous, gray metal that is commonly used in rechargeable batteries for smartphones and electric vehicles. The price of cobalt has also fluctuated in recent… Read More Here

International Lithium

3 Trucks Smuggling Lithium Detained At Beitbridge Boarder-Zimbabwe

January 3, 2023January 3, 2023 Constance

Beitbridge Boarder post Yesterday intercepted a consignment of lithium ore on three haulage trucks belonging to one Bernard Tafadzwa Mnangagwa. The ore was being smuggled to South Africa and was declared as manganese, it is alleged. The government recently banned the exports of raw lithium with immediate effect in an effort to value-add minerals and support local production and employment creation. The ban was effected through STATUTORY INSTRUMENT (S1) 213 OF 2022 titled Base Mineral Export Control (Unbeneficiated Lithium Bearing Ores) Order 2022. Officer commanding Beitbridge police district, Chief Superintendent… Read More Here