Tantalex secures Glencore’s backing for Congo lithium project
The Swiss miner will pay a staggered $5 million to Tantalex as part of the marketing off-take agreement.
The Swiss miner will pay a staggered $5 million to Tantalex as part of the marketing off-take agreement.
Revenue from Chilean lithium shipments jumped 18% in August versus July.
A string of lithium projects scheduled to start operations in the next four years could place the country just behind Australia and Chile.
Ghana's Minerals Income Investment Fund will buy a 6% stake in Atlantic Lithium's projects in the country.
A final calculated LC purity of 99.59% lithium carbonate equivalent was attained through the new optimized leach process.
That puts the project in the northern Montalegre area near the Spanish border and with a planned investment of 650 million euros.
The Canadian startup expects that its upcoming financing round reflects a valuation of $400-million to $600-million.
Acollaboration with Arbin Instruments will integrate an advanced autonomous formation system.
“Australia can be more than a ‘dig and ship’ nation,” Tesla chair Robyn Denholm told a conference in Canberra.
The company is already producing in phase one of the mine, with expected production of 130,000 tonnes of battery-grade lithium concentrate this year.
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