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This one Congo project could supply the world with lithium

This one Congo project could supply the world with lithium

AVZ Minerals’ Manono became the world’s largest non-brine lithium resource after the Perth-based company released the maiden estimate for its 60%-owned project in southern DRC in August this year. At the end of November, AVZ published the results...

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Resource Weekly 328 – US crude rises 4%, settling at $52.95, on trade truce and expected supply cuts

Resource Weekly 328 – US crude rises 4%, settling at $52.95, on trade truce and expected supply cuts

  Click here to find more details This is NAI’s new Resource Weekly. We will be covering the latest news in Mining, and Oil and Gas sectors every week. To continue to receive NAI’s Resource Weekly, please click Here to subscribe.

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Tianqi buys stake in lithium miner SQM from Nutrien for $4.1 billion

Tianqi buys stake in lithium miner SQM from Nutrien for $4.1 billion

China’s Tianqi Lithium Corp (002466.SZ) has purchased a 23.77 percent share in Chilean lithium miner SQM (SQMa.SN) from Canadian fertilizer giant Nutrien (NTR.TO), the Chilean stock exchange said on Monday, for a total sale price of $4.066...

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Construction on $4B Indonesia EV battery project begins Jan 2019 – Minister

Construction on $4B Indonesia EV battery project begins Jan 2019 – Minister

JAKARTA – Developers will begin building a lithium battery project in Morowali, on the Indonesian island of Sulawesi, on Jan. 11, Coordinating Maritime Minister Luhut Pandjaitan said on Friday. The $4 billion project involves investors from South...

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Lithium giant sees strong prices for longer amid ramp-up issues

Lithium giant sees strong prices for longer amid ramp-up issues

Unexpected difficulties to expand production by one of the world’s top lithium miners come with a silver lining — stronger than expected prices. Santiago-based Soc. Quimica y Minera de Chile SA expects lithium prices to remain firm in the fourth...

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Lithium producer Albemarle takes $1.15bn stake in Australian mine

Lithium producer Albemarle takes $1.15bn stake in Australian mine

Albemarle,the world’s largest producer of battery raw material lithium, has agreed to buy a 50 per cent stake in an Australian lithium mine for $1.15bn, as it looks to grow its supply to meet rising demand from electric cars. The company will set...

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Mali to produce lithium by 2020 with 694,000 tonnes discovered

Mali to produce lithium by 2020 with 694,000 tonnes discovered

Mali is on track to start lithium production by 2020 and companies have already discovered 694,000 tonnes of exploitable reserves, a senior mines ministry official told Reuters. Lithium has become one of the world’s most in-demand...

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Miners’ spending on hunt for copper, EV metals hits $10 billion

Miners’ spending on hunt for copper, EV metals hits $10 billion

Exploration spending in the mining sector rose for a second year to near $10 billion as the industry makes a cautious shift to growth and prepares for forecast booming demand for copper and metals used in electric vehicle batteries, according to...

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BC miner expands Nevada lithium project

BC miner expands Nevada lithium project

British Columbia-based AJN Resources (CSE: AJN) announced today that the company has acquired additional claims at the Salt Wells lithium project, located in western Nevada, 25 kilometres southeast of Fallon. With this acquisition, the company’s...

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Standard Lithium, Lanxess mull Arkansas lithium joint venture

Standard Lithium, Lanxess mull Arkansas lithium joint venture

Standard Lithium Ltd said on Monday it had signed an agreement with Lanxess AG to build a pilot plant that will process lithium from Arkansas brine, part of an ongoing study on whether to develop a joint venture to produce the white metal. The...

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Australia lithium miner Altura says it has signed offtake deal with China’s Ganfeng

Australia lithium miner Altura says it has signed offtake deal with China’s Ganfeng

Australian lithium producer Altura Mining on Friday said it had signed a deal to supply Chinese battery giant Ganfeng Lithium with concentrate from its Pilgangoora mine in Western Australia. Battery makers such as Ganfeng and Tesla have been...

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