Elon Musk says buying a mining company ‘not out of the question’
Tesla (NASDAQ: TSLA) CEO Elon Musk has said that it was not “out of the question” for the company to enter the mining business, as the world’s largest electric vehicle…
lithium
Argentina expects US$4.2B investment in its lithium sector
Argentina expects to receive a US$4.2-billion combined investment in its growing lithium market in the next five years, which would help the country double production in 2023 to hit 175,000…
Glencore to invest US$200M in battery recycling firm Li-Cycle
Glencore (LSE: GLEN) has inked a deal with Toronto-based Li-Cycle Holdings (NYSE: LICY) to supply the company with all types of manufacturing scrap and end-of-life lithium-ion batteries. The company…
Q&A: SRK Consulting unpacks critical opportunities and challenges facing the African mining sector
SRK Consulting has built deep experience working in the African mining sector and has developed a firm grasp of where potential opportunities are and some of the critical challenges preventing…
Snow Lake drills 1.49% LiO2 over 34.5 metres in Manitoba
Snow Lake Lithium (NASDAQ: LITM) has released the first results of winter drilling at the northeast extension of its Thompson Brothers (TBL) spodumene pegmatite deposit located in northwest Manitoba. These…
Historic Tanco mine in Manitoba producing lithium again – but this time under China’s Sinomine
More than a decade after shutting down lithium production, the Tanco mine in Manitoba started producing lithium spodumene concentrate in December, the mine’s facility general manager Joey Champagne told The…
Rosatom, Nornickel to develop lithium project in Russia
Russia’s state-owned nuclear power supplier Rosatom and Nornickel, the world’s largest producer of refined nickel, are fine-tuning details of a plan to develop a lithium deposit in the country’s northwest,…
Mexico passes mining reform nationalizing lithium
Mexico has officially nationalized its lithium industry after the Senate approved by 87 votes in favour, 20 against and 16 abstentions the mining reform proposed by President Andrés Manuel López…
Nevada Sunrise shares jump on lengthy lithium intercepts at Gemini
Shares of Nevada Sunrise Gold (TSXV: NEV) reached a new 52-week high as the company reported intersecting lithium mineralization “over significant widths” in its inaugural two-hole drilling program at its…
Mexico’s lower house backs lithium nationalization plans
Mexico’s lower house of Congress has passed an amendment to mining legislation that paves the way for the state to nationalize the country’s lithium reserves. President Andrés Manuel López Obrador’s…
Sigma Lithium updates Grota do Cirilo feasibility, creates US$1.6B after-tax NPV
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has released an updated Phase 1 feasibility study for its wholly-owned Grota do Cirilo project in Minas Gerais, Brazil, host to the the largest…
Mexican president reignites debate around mining reform with focus on lithium
During a recent press conference, Mexican president Andrés Manuel López Obrador warned that if Congress does not approve a constitutional reform on electrical matters, following a decision by the Supreme…