Ottawa to back Indigenous groups buying project equity
The federal government is to start an Indigenous loan guarantee program in this year’s budget due April 16, according to a senior official at the Natural Resources Ministry. The program…
lithium
Sigma Lithium adds production line to nearly double output next year in Brazil
The miner plans to increase production at its Grota do Cirilo project to 520,000 tonnes per year.
Volt Lithium’s cost cuts help Alberta project weather metal price crash
Volt Lithium (TSXV: VLT) has cut nearly two-thirds of its lithium production cost as it prepares to start the low-grade Rainbow Lake brine project in northwest Alberta next year. Testing in…
Video: Volt Lithium barrels towards 2025 commercial production
Leveraging breakthroughs in extracting lithium from oil field brines, Volt Lithium (TSXV: VLT) is poised to launch commercial lithium carbonate production by 2025, according to president and CEO Alex Wylie….
Ontario budget bolsters critical minerals funding
Ontario’s new budget expands the critical minerals innovation fund by $15 million as the province prepares to enact streamlined mining permit approvals next week. The critical minerals innovation fund aims…
Why Ontario can’t afford to ignore juniors in the next budget
Without a doubt, one of the most important challenges facing the next generation is global warming and the need to decarbonize the transportation sector. This can only happen with the sustainable…
CleanTech Lithium’s pilot plant in Chile starts operations
The first production of eluate was completed in the past week, and it will be shipped to North America.
Avalon enters $15M deal for lithium processing plant
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) announced on Monday it has entered into a $15 million funding agreement with its long-time creditor Lind Global Fund II, held by New…
Lithium Americas gets record US$2.2B loan for Thacker Pass
The mine, which will supply General Motors, is a key part of US President Biden’s efforts to reduce dependence on Chinese lithium.
Pilbara seals another Chinese offtake deal
Australian lithium producer Pilbara Minerals (ASX: PLS) has clinched a deal with Chinese company Sichuan Yahua Industrial Group for spodumene concentrate, essential for making lithium batteries. Under the agreement, Pilbara…
Core Lithium CEO quits on share, battery metal prices rout
Perth-based Core Lithium (ASX: CXO) faces a corporate shake up in response to a dramatic drop in lithium spodumene prices that spurred the immediate departures of its CEO and a…
Li-Cycle shares jump on US$75M Glencore investment
Lithium-ion battery resource recovery company Li-Cycle (NYSE: LICY) announced Tuesday it raised US$75 million through a senior note financing with an affiliate of Swiss commodities giant Glencore (LSE: GLEN). Glencore…