Canadian lithium junior surges 45% after $460m injection
Nemaska Lithium's hard rock mine in Quebec is back on track.
Nemaska Lithium's hard rock mine in Quebec is back on track.
The Model 3 alone represented 16% of electric vehicle battery capacity deployed globally in May.
In March 2018, the Chilean government unveiled big news.
Peru – a major copper producer – is also looking to edge in on the action.
The company reported achieving 99.88% purity in its production of NMC cathode material.
It wants to raise £1m to support further drilling for subterranean lithium-bearing brines in the ancient mining region of Cornwall, south-west England.
Deliveries under the deal will begin in August, with 20,000 dry metric tonnes of concentrate to be shipped annually for six years.
Top exporter Australia predicts a 26% rise in lithium stockpiles in 2019 – that's 2.5 years of consumption.
The miner expects to invest 525 million euros in the Centenario deposit with the aim of producing 24,000 tonnes of lithium carbonate equivalent per year.
The project is expected to produce 30,000 tonnes of lithium, 20,000 tonnes of battery-level lithium hydroxide and 10,000 tonnes of lithium carbonate.