9 items across 13 digests
Altius acquired a 9.9% stake in TNR Gold, gaining exposure to TNR's royalty portfolio that includes major copper and lithium deposits in Argentina. This acquisition provides Altius with strategic exposure to critical battery metals essential for the energy transition.
French mining company Eramet is disputing lithium concession rights in Chilean salares while state entity ENAMI blocks a previously lost state-backed project. This matters to battery supply chain analysts as Chile controls significant global lithium reserves, and mining disputes could constrain lithium supply for electric vehicle and energy storage markets.
Atlas Lithium's Neves project has been selected for potential funding under the US-Japan partnership, building on the company's existing strategic partnership with Mitsui & Co. from 2024. This matters to supply chain analysts as US-Japan cooperation in lithium development could strengthen Western control over critical battery mineral supply chains outside of China's influence.
Premier African Minerals raised £750,000 through new share issuance to support operations and flotation plant installation at its Zulu lithium and tantalum project in Zimbabwe. This matters to investors as it demonstrates ongoing capital requirements for critical mineral projects and progress toward production capability.
Zijin Mining Group plans to open one of the world's largest lithium mines in the Democratic Republic of Congo this year. This significantly expands global lithium supply capacity, potentially reducing battery material costs and supply chain dependence on current major producers.
Ghana's Parliament officially approved the Mining Lease for the Ewoyaa Lithium Project. This regulatory approval advances Ghana's first lithium mine development, strengthening global lithium supply chains critical for electric vehicle battery production.
Lithium-iron-phosphate (LFP) batteries have captured 60% of the global battery market share, driving urgent supply chain development efforts in North America. This shift toward LFP technology reduces reliance on cobalt and nickel while increasing demand for lithium and phosphate materials.
Premier African Minerals will receive a 15-20 ton per hour spodumene flotation plant for its Zulu lithium and tantalum project in Zimbabwe. The project targets critical materials essential for battery production and electronics manufacturing.
The UK has achieved its first commercial lithium production through the launch of a geothermal extraction plant. This milestone establishes domestic lithium supply capability, reducing reliance on imports for battery manufacturing and energy storage applications.
DailySand