Lithium – Mining Weekly reported that Critical Element’s Rose Project which was originally slated for 2015, will begin its first production in 2016 as it focuses on getting an offtake partner. The company said that the open-pit operation has an expected resource of 24.3-million tons grading 0.89% lithium oxide.
Articles Tagged "Lithium"
Lithium – Mining Weekly reported that Galaxy Resources has delivered a JORC-compliant 1.1 million tons of lithium carbonate at its Argentina project.
Lithium – Rock Tech Lithium Inc. (TSXV:RCK;FWB:RJIA) is carefully evaluating proposals from geological and engineering companies in regards to planning a preliminary economic assessment at the Georgia Lake lithium project.
Lithium – Bacanora Minerals Ltd. (TSXV:BCN) released the results of a positive Preliminary Economic Assessment on the La Ventana Lithium Deposit in Mexico: a mine life of 20 years, annual revenue of $US210 million for an Internal Rate of Return of 138% with a 1.9 year pay back, and capital costs of $US114 million with average operating costs at $US1,958/tonne. The Company also disclosed new inferred lithium resources that are estimated at 16,829,000 tonnes averaging 2,557 ppm Li, which brings the total estimated inferred resources for this project to 60 million tonnes averaging 3,000 ppm Li.
Lithium – Matamec Exploration Inc. (TSXV:MAT), a junior mining exploration company which explores lithium in Quebec, has appointed Mr. Edward Miller as its Director for Investor Relations. In addition, it has also announced the upcoming presentation of its President and CEO, Mr. Andre Gauthier at the 2013 Cambridge House Vancouver Resource Investment Conference at 4PM on January 20, 2013.
Lithium – Mining Weekly reported that lithium project developer Canada Lithium (TSX:CLQ) has signed an off-take agreement with Marubeni, a Japanese commodity trader. The agreement will involve 25% of the company’s lithium production, and will give Marubeni the exclusive rights to distribute Canada Lithium’s lithium carbonate in Japan for three years.
Lithium – Bloomberg reported that Nissan Motor Co. (PINK:NSANY), which late last year opened the biggest lithium-ion battery plant in Tennessee, has announced that it will add a cheaper version of the rechargeable Leaf, as the car’s production begins.
Lithium – Pan Global Resources Inc. (TSXV:PGZ) announced today that it has concluded its non-brokered financing and has issued an aggregate 2,747,500 units. The proceeds of the private placement will be used to fund the company’s exploration program in Serbia, which is being undertaken by Lithium Li Holdings Inc., its exploration partner.
Lithium – Highpower International, Inc. (NASDAQ:HPJ), a company that develops, manufacturers, and markets lithium rechargeable batteries and nickel-metal hydride, has announced that it will attend this year’s International Consumer Electronics Show which will be held in Las Vegas on January 8 to 11, 2013 with the aim to showcase its advanced rechargeable lithium batteries.
Lithium – Canada Lithium Corp. (TSX:CLQ) has recently announced that work is under way in its property near Val d'Or, Québec, where it has an open-pit mine and a processing facility.