Portugal sees first lithium licensing tender in 2019, wants refinery
Various international groups had expressed interest in exploring for lithium in Portugal, which is the world's sixth-largest lithium producer, and Europe's biggest.
Various international groups had expressed interest in exploring for lithium in Portugal, which is the world's sixth-largest lithium producer, and Europe's biggest.
The joint venture will allow the American lithium producer, the world’s No. 1, to expand its presence in Australia.
The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.
The partners expect to produce up to 40,000 tonnes of lithium hydroxide per year beginning in 2022.
The project consists of three exploration licences in the Archean Yilgarn Block, 450 kilometres north-east of Perth.
The DRC has a stranglehold on crucial battery material cobalt, but central African nation also has potential to become major lithium player.
The settlement unlocks payments by SQM that had been on ice during the dispute, and paves the way for development to get back on track
The project, located in Salta, Argentina, could produce 10,000 tonnes lithium carbonate equivalent per year over a 25 year mine life.
High risk, high reward is the bet being made by global lithium miners in Argentina who are brushing aside a recession, a currency crisis and political uncertainty in their hunger for the mineral that helps power electric cars.
ACI Systems Alemania employs just 20 people and was created solely to focus on building a lithium mine in Bolivia.
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