Lithium - Copperbelt Katanga Mining

Kuvimba Mining Seeks $950 Million to Boost Gold and Lithium Production in Zimbabwe

May 25, 2025May 25, 2025 Constance

Kuvimba Mining House, one of Zimbabwe’s leading mining companies, is looking to raise $950 million to expand its gold and lithium production, CEO Trevor Barnard announced at a mining conference in Victoria Falls. “First and foremost, we need funding,” Barnard said. “We require a significant amount of capital to make our businesses work.” He did not reveal the potential investors involved in the fundraising effort or the timeline for securing the financing. Kuvimba owns some of Zimbabwe’s oldest and most prominent gold mines, including Freda Rebecca and Shamva. The company… Read More Here

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Rio Tinto Secures Majority Stake in Chile’s Altoandinos Lithium Project

May 25, 2025May 25, 2025 Constance

SANTIAGO – Chile’s state-owned National Mining Company (ENAMI) has selected global mining giant Rio Tinto to take a 51% stake in the Altoandinos lithium project, marking the company’s second major lithium venture in Chile. Rio Tinto will initially invest $425 million to fund pre-feasibility studies, including the deployment of its pilot plant at the Rincon project in Argentina and the use of its proprietary direct lithium extraction (DLE) technology. The partnership was announced on Thursday, following a competitive bidding process in which Rio outpaced contenders such as France’s Eramet, China’s… Read More Here

International Battery Metals Corporate News Lithium

Atlantic Lithium Uncovers High Grade Lithium Pegmatites in Ivory Coast

May 25, 2025May 25, 2025 Constance

Atlantic Lithium, an Australian mining company, announced on Thursday, May 22, 2025, the discovery of spodumene-rich pegmatites—lithium-bearing rocks—on its exploration permits in Côte d’Ivoire. The findings, based on rock samples collected from the Agboville and Rubino permits, revealed high lithium grades of up to 1.25%. These results stem from the first two phases of a sampling program initiated in 2024, following the granting of exploration licenses to the company’s local subsidiary, Khaleesi Resources SARL. At the Rubino permit, geological anomalies indicating lithium mineralization span an area of approximately 2.5 km… Read More Here

Mining in DRC Battery Metals Lithium

Manono’s Lithium Dream Stalled Amid Rising Local Frustration

May 25, 2025May 25, 2025 Constance

The Democratic Republic of Congo (DRC) is home to one of the world’s largest lithium deposits, a resource that is increasingly vital for the global shift to renewable energy. In the town of Manono, located in the Tanganyika province in the southeast of the country, an estimated 6.6 million tonnes of lithium lie beneath the soil. This mineral is essential for the production of rechargeable batteries used in electric vehicles and electronic devices. Despite the promise of economic transformation and international interest—including from the United States—progress on the Manono lithium… Read More Here

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Zimbabwe Lithium Miners Urge Delay of Export Tax Until Refining Plants Are Operational

May 23, 2025May 23, 2025 Constance

Lithium producers in Zimbabwe are calling on the government to postpone a proposed 5% export tax on lithium concentrate until domestic refining facilities are fully operational. The Zimbabwe Lithium Exporters (ZLE), an industry body that includes major players like Chengxin Lithium Group, has formally requested the deferral from the Ministries of Mines and Finance. The group is asking for a two-and-a-half-year grace period, allowing time for the construction and commissioning of plants that will produce higher-value lithium sulfate, expected to be completed by 2027. Zimbabwe has rapidly become a key… Read More Here

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KoBold Seeks Lithium Stake in DRC’s Manono Amid Legal Dispute and Geopolitical Shifts

May 9, 2025May 9, 2025 Constance

KoBold Metals, a U.S.-based mining company backed by prominent investors including Bill Gates and Jeff Bezos, is intensifying efforts to secure rights to the Manono lithium deposit in the Democratic Republic of Congo (DRC)—a site widely regarded as a potential world-class lithium mine. A January 2024 estimate suggests Manono holds 669 million tonnes of resources with an average grade of 1.61% lithium. On May 6, 2025, KoBold and Australia’s AVZ Minerals issued a joint statement titled Developing Manono for Peace and Prosperity, signed by their CEOs, Kurt House and Nigel… Read More Here

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Belgium Signals Stronger Role in DRC’s Critical Minerals Sector

April 30, 2025April 30, 2025 Constance

Belgium is ready to deepen its involvement in the Democratic Republic of Congo’s (DRC) critical minerals sector, according to Belgian Foreign Minister Maxime Prévot, who is currently visiting the Central African country as it seeks to diversify its investment partnerships. The DRC holds some of the world’s largest reserves of copper, cobalt, lithium, and uranium. However, persistent instability and insecurity—particularly in the east—have long hindered the scale of foreign investment required to fully develop the sector’s potential. Amid growing interest from global powers, Kinshasa is actively looking to attract new… Read More Here

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Premier African Minerals Signs LOI with Glencore for Zulu Lithium Concentrate

April 28, 2025April 28, 2025 Constance

Premier African Minerals (Premier) has signed a non-binding Letter of Interest (LOI) with Glencore International regarding the potential sale of spodumene concentrate from its Zulu Lithium and Tantalum Project in Zimbabwe. The LOI outlines preliminary terms for a future binding agreement, contingent on the Zulu Project meeting specific production standards, particularly in grade and volume. Premier aims to finalise the binding agreement within the next three months, with support from Canmax Technologies. Located approximately 80 km from Bulawayo, the Zulu Project is one of Zimbabwe’s largest undeveloped lithium-bearing pegmatites, covering… Read More Here

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Andrada Confirms High-Grade Lithium, Tin, and Tantalum at Uis Project in Namibia

April 13, 2025April 13, 2025 Constance

Aim-listed Andrada Mining has announced encouraging initial drill results from 13 polymetallic pegmatites at its Uis mining licence in Namibia, reinforcing the scale and quality of mineralisation at the project, according to CEO Anthony Viljoen. The pegmatites, located within a 3 km radius of the existing Uis tin mine processing plant, form part of a broader swarm of approximately 180 mineralised pegmatites identified within the licence area. The current drilling campaign aims to validate historical data and evaluate the by-product potential of these previously mined areas. The programme includes 44… Read More Here

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Rio Tinto Eyes Roche Dure Lithium Mine Amid DRC Talks

March 30, 2025March 30, 2025 Constance

Rio Tinto has engaged in early discussions with the Democratic Republic of Congo (DRC) about developing the Roche Dure deposit into a lithium mine. Roche Dure is one of the world’s largest hard-rock lithium resources, making it a highly strategic asset in the global lithium market. Neither Rio Tinto nor the DRC’s Ministry of Mines has commented on the talks. Meanwhile, the DRC is also in discussions with the U.S. government over a potential minerals-for-security agreement aimed at countering a Rwanda-backed rebellion in its eastern provinces. California-based exploration company KoBold… Read More Here