Africa’s lithium output to almost triple this year, says Benchmark Intelligence
In 2023, the region contributed 4% to global lithium production, but this year it’s expected to reach 10%.
News
Lithium Americas seeks US$275M in share sale for Thacker Pass project in Nevada
Lithium Americas (TSX: LAC; NYSE: LAC) is raising US$275 million through a stock offering weeks after getting initial approval for a record government loan to advance its Thacker Pass lithium project…
EMP Metals throws switch of first Koch DLE pilot plant in Canada
EMP Metals (CSE: EMPS; US-OTC: EMPPF) has begun commissioning its direct lithium extraction (DLE) pilot plant in Estevan, Sask. at its Viewfield brine project. The project is expected to produce…
BHP says first stage of Jansen potash mine almost halfway complete
BHP (NYSE: BHP; ASX: BHP) says the first phase of its massive potash mine in Saskatchewan, is ahead of schedule and near the halfway point of completion at 44%. Located…
Ioneer’s Rhyolite Ridge lithium-boron project moves closer to final permitting
Ioneer’s (NASDAQ: IONR; ASX: INR) Rhyolite Ridge lithium-boron project in Nevada is a step closer to shovel-ready after the United States Bureau of Land Management (BLM) on April 15 issued…
NioCorp eyes rare earth magnet recycling
NioCorp Developments (TSX: NB) plans to start a research project to evaluate the feasibility of recycling rare earth permanent magnets. This effort would be part of the $122.8-million market cap company’s…
Solaris Resources inks fresh deal with Ecuador communities
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has reached an updated agreement with local communities covering benefits and impacts related to its flagship Warintza copper project in southeast Ecuador. The improved deal, signed…
Federal budget backs Indigenous mine projects with $5B while hiking capital gains tax for investors
Canada’s new federal budget contained several measures impacting the mining industry including loan guarantees for Indigenous projects, increases in the capital gains tax and credits from mines to manufacturing for…
Rio Tinto to favour building new copper mines over M&A, exec says
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will prioritize developing new copper mines over acquiring new ones to achieve its goal of producing 1 million tonnes of the metal…
Codelco to benefit from entry into lithium business, says Moody’s
On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.
Western Copper and Gold raises $40M for Casino project in Yukon
Western Copper and Gold (TSX: WRN; NYSE: WRN) is increasing a stock offering by 60% for its Casino copper-gold-molybdenum project in the Yukon. The bought deal increased to $40 million from…
Patriot Battery’s Corvette inches forward on permitting
Patriot Battery Metals (TSX: PMET; ASX: PMT) has received the guidance it needs to prepare a key document needed for permitting its Corvette lithium project in Quebec. On Tuesday afternoon,…