Grounded Lithium (TSXV: GRD; US-OTC: GRDAF) has reached an important milestone for the development of its Kindersley lithium brine project in southwestern […]
Lithium is important for the e-scooter maker, as it plans to locally produce lithium-ion batteries used in electric vehicles.
The facility would have an annual capacity of 1,000 tonnes of lithium metal.
Pilbara will supply Chengxin 85,000 tonnes of spodumene concentrate in 2024, followed by 150,000 tonnes in both 2025 and 2026.
The miner, which has a joint venture operation in Canada and a project in Ghana, aims to achieve about $10 million in annual savings.
Company said its direct lithium extraction technology has reached full industry readiness.
A review of current developments in the global lithium industry from Jan. 26 to Feb. 2.
Key moves in the mining sector.
The funds are for a project from Controlled Thermal Resources Holdings Inc., known as CTR, in California.
Grota de Cirilo is now the world’s fourth-largest operating industrial pre-chemical lithium complex, with 109 million tonnes in resources.