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India may link local lithium price with London exchange
Wed, 31 May 2023 00:00:00 GMT
India is looking to fix the value of lithium and rare earth elements (REEs) found in the country; domestic lithium prices will be linked to weekly prices for lithium hydroxide monohydrate published by the London Metal Exchange. Currently, there is no uniform parameter to assess the value of these elements, so an amendment to the Minerals Concession Rules, 2016 is being drafted. The move to fix pricing comes after the Geological Survey of India conducted exploration and handed over geological ...

Mining News - Funding for North Arrow lithium projects
Thu, 18 May 2023 11:42:00 GMT
North Arrow Minerals Inc. May 18 announced that it has raised roughly C$2.7 million to fund exploration of its lithium projects in northern Canada, which will primarily be focused on the company's newly acquired DeStaffany lithium project in Northwest Territories. The company raised the cash through a C$2.4 million private placement financing and the sale of 0.5% royalty interests in its...

NMDC in talks with Australia's Hancock for lithium mining
Tue, 02 May 2023 00:00:00 GMT
Indian iron ore miner NMDC Ltd is in talks with Australia's Hancock Prospecting Pty Ltd for lithium exploration and mining. Separately, NMDC is working on plans to export low-grade iron ore to China, the source said. NMDC could collaborate with another company to process and ship out the ore to China

India to auction J&K lithium reserves this year
Tue, 02 May 2023 00:00:00 GMT
India is expected to auction the lithium blocks in the northern federal territory of Jammu and Kashmir later this year, news agency Reuters - reported federal mining secretary Vivek Bharadwaj told as saying on Tuesday. Earlier in February, the Union Government said that 5.9 million tonnes of lithium reserves have been found for the first time in the country in Jammu and Kashmir.

Mining News - Li-FT signs MOU with NWT First Nation
Wed, 19 Apr 2023 17:42:00 GMT
Li-FT Power Ltd. April 19 announced that it has entered into a preliminary agreement with the Yellowknives Dene First Nation ahead of a 42,000-meter drill program that it plans to carry out this year on its newly assembled Yellowknife Lithium project about 60 kilometers east of Yellowknife, Northwest Territories. Li-FT is a new junior exploration company formed early last year that is focused on...

India's NMDC explores lithium reserves for mining in Australia
Wed, 19 Apr 2023 00:00:00 GMT
NMDC is the majority owner of a mine located in Mt Bevan in Australia, a second NMDC official, who is not authorised to speak to media, said, adding that the company hopes to start mining within two years. India has been exploring ways to secure supplies of lithium, an important raw material used to make electric vehicle batteries, from some of the world's top producers by acquiring overseas mines, as part of the South Asian nation's efforts to push for making greener vehicles.

Mining News - North Arrow identifies 8 lithium targets
Thu, 30 Mar 2023 18:04:00 GMT
North Arrow Minerals Inc. March 30 reported that its ongoing data review has identified eight lithium targets on its newly acquired DeStaffany project in Northwest Territories. Acquired by North Arrow in January, DeStaffany is an early exploration project about 18 kilometers (11 miles) northeast of Vital Metals Ltd.'s Nechalacho rare earths mine that hosts two known xxx

Mining News - Uranium explorers return to Far North
Thu, 23 Mar 2023 17:54:00 GMT
While lithium deposits are sparking fresh interest in Canada's northernmost territory, uranium is also spurring exploration companies to venture north this year to search for mineral riches in Nunavut. After a prolonged slump dating back to the recession in 2008, uranium prices are beginning to rebound as nuclear-generated power gains global acceptance as a viable source of affordable green...

Mining News - $35 million Li-FT for lithium exploration
Wed, 22 Mar 2023 12:31:00 GMT
Li-FT Power Ltd. March 22 announced that it has raised C$35 million (US$25.5 million) for exploration of its lithium properties in Canada, including the company's flagship Yellowknife Lithium project in Northwest Territories. Li-FT is a new junior exploration company formed early last year to explore and develop projects for hardrock lithium, which is in high demand for the batteries...

Australian lithium boom rolls on
Wed, 08 Mar 2023 00:00:00 GMT
Federal Minister for Resources Madeleine King has affirmed Australias position as a world leader in the lithium sphere.

More lithium deals Down Under
Thu, 02 Mar 2023 00:00:00 GMT
Albemarle is hoping to grow its lithium presence in Australia by linking supply chains to Europe vehicle manufactuers.

Pilbara Minerals the latest to take lithium offshore
Tue, 28 Feb 2023 00:00:00 GMT
The Pilbara Minerals and POSCO joint venture (JV) has secured $682 million funding for the construction of a lithium hydroxide monohydrate chemical plant in South Korea.

Number of lithium news reports: 12
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