Sayona reports upgraded resources for Quebec lithium projects
Resource base for the NAL and Authier projects has approximately doubled to 119.1 million tonnes grading 1.05% Li2O, for 1.25 million tonnes of Li2O.
Resource base for the NAL and Authier projects has approximately doubled to 119.1 million tonnes grading 1.05% Li2O, for 1.25 million tonnes of Li2O.
The Calgary-based startup also plans to raise at least $100 million in series B funding by the end of this year or early next year.
The separation would create an independent public company focused on the Thacker Pass lithium project in Nevada.
Miners invested $700 million in the three months ended Dec. 31, according to a report by consultancy BDO, up 11% on the prior quarter.
The court's ruling had been expected early this year, but was delayed by the filing of additional documents.
The company posted net profit attributable of A$114 million for six months ended Dec. 31.
A $1.2 million project has been launched to both quantify and characterize the lithium resource in the Salton Sea geothermal field in California.
Chinese market participants were surprised that prices continued to rise rapidly after the recent Lunar New Year holidays.
The mining state is looking to sell its 33% holding in CBL, Brazil’s only producer of lithium carbonate and hydroxide.
Almost all the critical minerals currently come from outside the continent, with China dominating the global supply chain.