Lithium oxide

Lithium Royalty Corp. Reports Q4 2023 Results

Retrieved on: 
Wednesday, March 27, 2024
Mining, Minerals, Natural Resources, Lithium, EV, Cell, Biophysical environment, Thacker Pass Lithium Mine, SC6, Finniss Lithium Project, LCE, LFP, Bank statement, PEA, Bloomberg L.P., Cost, LOM, Core, LRC, Tres Quebradas, Atlas, EVS, SMM, Battery electric vehicle, Plug-in, Interim, PHEV, NPV, Sigma, Annual report, Hybrid, Economics, BYD, Growth, BEV, COMEX, Shanghai Metals Market, CFO, GT1, NSR, Root, Lithium oxide, ESS

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points: 
  • Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
  • Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
  • LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
  • SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

Lithium Royalty Corp. Acquires Third Royalty in Brazil

Retrieved on: 
Monday, March 11, 2024
Environment, Other Transport, Transport, Automotive Manufacturing, Sustainability, Alternative Energy, Manufacturing, Energy, Mining, Minerals, Natural Resources, LRC, Aura Minerals, Partnership, Atlas, Acquisition, LIRC, Local, TSX, Investment, Lithium oxide, Anglo American, Western world, Hand, AngloGold Ashanti, Resource, Lithium

Lithium Royalty Corp. (TSX: LIRC) (“LRC”) has entered into an agreement to acquire a newly created 1.5% gross overriding revenue (GOR) royalty on the land claims held by M4E Lithium Ltda.

Key Points: 
  • Lithium Royalty Corp. (TSX: LIRC) (“LRC”) has entered into an agreement to acquire a newly created 1.5% gross overriding revenue (GOR) royalty on the land claims held by M4E Lithium Ltda.
  • LRC has been an early and consistent supporter of the most prospective lithium projects in the country, having partnered with Sigma Lithium in 2018 and Atlas Lithium in 2023.
  • M4E is an Emerging Lithium Explorer: M4E holds one of the largest lithium exploration packages in Brazil, covering over 91,000 hectares across the Lithium Valley in Minas Gerais, Borborema, Ceara and Tocantins region.
  • Brazil to Continue to Expand its Leading Position in Lithium: Brazil is currently the largest hard rock lithium producer in the Americas, with three producers of spodumene concentrate.

United Lithium Discovers Three New Spodumene Pegmatites – Drilling Returns 1.92% Li₂O over 26.8 m and 1.54% Li₂O over 28 m at Bergby, Sweden

Retrieved on: 
Tuesday, November 21, 2023
Lithium, Interest, Pegmatite, News, Bergby, Lithium oxide, PST, European, Project, LCT, EV

Prospecting and subsequent drilling during 2023 have discovered two new high-grade spodumene-bearing pegmatite bodies, Pegmatites “D” and “E,” bringing the total drilled on the Project to five.

Key Points: 
  • Prospecting and subsequent drilling during 2023 have discovered two new high-grade spodumene-bearing pegmatite bodies, Pegmatites “D” and “E,” bringing the total drilled on the Project to five.
  • The 2023 Drill Program is ongoing, with further results pending, and has been expanded from 4,000 metres (“m”) to 6,000 m due to the encouraging results.
  • The Company will host a webinar on November 29th, 2023, at 1:15 pm PST ( Register Here ).
  • Table 1: Bergby Project November 21, 2023 drill hole information for drilling with reported Li2O assay results.

Medaro’s JV Partner Rock Edge Resources Announces Sample Results From the 2023 Field Program at Superb Lake

Retrieved on: 
Thursday, October 19, 2023
Fertility, JV, MEDA, News, Lithium oxide, Extremities, CSE, Rare-earth element, Lithium

VANCOUVER, British Columbia, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) (“Medaro” or the “Company”), announces through its JV partner Rock Edge Resources (“Rock Edge”) the results from the 2023 field program (See August 10th, 2023 news release) on the Superb Lake Property (the “Project”), situated in northwestern Ontario.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA OTC:MEDAF FWB:1ZY) (“Medaro” or the “Company”), announces through its JV partner Rock Edge Resources (“Rock Edge”) the results from the 2023 field program (See August 10th, 2023 news release) on the Superb Lake Property (the “Project”), situated in northwestern Ontario.
  • These analytical results confirmed the potential of the spodumene-bearing trend located on the property as described in Rock Edge’s news release on June 18, 2023 .
  • The trend is defined by 4 separate exposed pegmatite outcrop 3 of which have confirmed spodumene.
  • The trend stays open on both extremities with the widest outcrops disappearing in the O’Sullivan Lake (Figure 1).

FE BATTERY METALS INTERSECTS UP TO 1.43% LITHIUM OXIDE IN THE BASEMENT ROCKS AT THE AUGUSTUS LITHIUM PROPERTY

Retrieved on: 
Wednesday, September 20, 2023
Lithium, Caesium, CSE, Rubidium, Lithium oxide, 3D, Augustus, ALP, NAL, Laboratory, Rb, FE, CS, Metal, Rare-earth element

VANCOUVER, BC, Sept. 20, 2023 /PRNewswire/ - FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) ("FE Battery Metals" or the "Company") is pleased to announce significant findings from its ongoing exploration efforts at the Augustus Lithium Property in Quebec.

Key Points: 
  • VANCOUVER, BC, Sept. 20, 2023 /PRNewswire/ - FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) ("FE Battery Metals" or the "Company") is pleased to announce significant findings from its ongoing exploration efforts at the Augustus Lithium Property in Quebec.
  • The basement rocks returning the highest lithium concentrations are identified as biotite schist and amphibolites with the majority of these samples in close proximity to their contact points with pegmatite bodies.
  • A field geological mapping and sampling program will also be implemented to understand the contact zone of pegmatites with the basement rocks.
  • Mr. Gurminder Sangha, CEO of FE Battery Metals, commented, "Augustus has exceeded our expectations at every phase of exploration.

Favorable Initiatives by Various Governments a Significant Factor Driving Global Lithium Mining

Retrieved on: 
Thursday, September 14, 2023
Lithium, PALM, SLI, LAC, Electronics, Lithium oxide, OTCQB, Carbon, Government, Tantalum pentoxide, EVS, CS, Acquisition, Salix alba, LCT, NEWS, TSX, GT1, Growth, NYSE, Caesium, Tantalum

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- The increasing consumer demand for electric vehicles creates a strong demand for lithium. A report from Future Market Insights said that the growth of the market can be attributed to the increasing demand for EVs. Lithium-ion batteries are being used in electric vehicles because of their high energy per unit mass relative to other electrical energy storage systems. Further, they also have a high power-to-weight ratio, good high-temperature performance, high energy efficiency, and low self-discharge. Moreover, players in the market are taking various initiatives to launch new products in the market which will benefit the industry during the forecast period.  The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022. From 2022-2032, the lithium mining market is projected to exhibit a CAGR of 7.43% while garnering a market value worth US$ 3.4 Billion.  The report said: "During the period ranging from 2020 to 2022, lithium mining demand prospects flourished at a stellar rate, supported by a shift in the design and advancement of battery technology. There has been rising concern about the declining availability of fossil fuels, increasing carbon emissions, and an emphasis on alternative sources of power that have been worked on for a significant tenure. This void was gradually overcome with the latest advancements and development of cutting-edge technologies to reduce the cost of vehicles. since mid-2021, leading to a resurgence in growth projections."  Active mining companies in markets include:  Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Sigma Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI).

Key Points: 
  • The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022.
  • Future Market Insights continued: "The Asia Pacific is anticipated to yield significant growth opportunities, backed by increasing lithium production in various countries.
  • Governments across the globe are taking various initiatives to encourage the application of EVs which will benefit the market in the forecast period.
  • Additionally, favorable initiatives by the government of various countries are anticipated to be another significant factor that can drive industry growth in the forecast period (2032)."

Favorable Initiatives by Various Governments a Significant Factor Driving Global Lithium Mining

Retrieved on: 
Thursday, September 14, 2023
Lithium, PALM, SLI, LAC, Electronics, Lithium oxide, OTCQB, Carbon, Government, Tantalum pentoxide, EVS, CS, Acquisition, Salix alba, NEWS, TSX, GT1, Growth, NYSE, Caesium, Tantalum

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- The increasing consumer demand for electric vehicles creates a strong demand for lithium. A report from Future Market Insights said that the growth of the market can be attributed to the increasing demand for EVs. Lithium-ion batteries are being used in electric vehicles because of their high energy per unit mass relative to other electrical energy storage systems. Further, they also have a high power-to-weight ratio, good high-temperature performance, high energy efficiency, and low self-discharge. Moreover, players in the market are taking various initiatives to launch new products in the market which will benefit the industry during the forecast period.  The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022. From 2022-2032, the lithium mining market is projected to exhibit a CAGR of 7.43% while garnering a market value worth US$ 3.4 Billion.  The report said: "During the period ranging from 2020 to 2022, lithium mining demand prospects flourished at a stellar rate, supported by a shift in the design and advancement of battery technology. There has been rising concern about the declining availability of fossil fuels, increasing carbon emissions, and an emphasis on alternative sources of power that have been worked on for a significant tenure. This void was gradually overcome with the latest advancements and development of cutting-edge technologies to reduce the cost of vehicles. since mid-2021, leading to a resurgence in growth projections."  Active mining companies in markets include:  Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Sigma Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI).

Key Points: 
  • The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022.
  • Future Market Insights continued: "The Asia Pacific is anticipated to yield significant growth opportunities, backed by increasing lithium production in various countries.
  • Governments across the globe are taking various initiatives to encourage the application of EVs which will benefit the market in the forecast period.
  • Additionally, favorable initiatives by the government of various countries are anticipated to be another significant factor that can drive industry growth in the forecast period (2032)."

Collective Metals Signs Option Agreement to Acquire 100% Of Northwestern Ontario Lithium Property

Retrieved on: 
Wednesday, April 12, 2023
Avalon, OGS, CSE, Lithium oxide, Property, Cell, McCombe, National instrument, Ear Falls, Acquisition, National Instrument 43-101, GT1, COMT, News, Lithium

1335025 holds an option to acquire 100% of the Landings Lake property, a Lithium property in Ontario consisting of 154 cells comprising 3,147 hectares.

Key Points: 
  • 1335025 holds an option to acquire 100% of the Landings Lake property, a Lithium property in Ontario consisting of 154 cells comprising 3,147 hectares.
  • The property is located 53 km east of Ear Falls, Ontario with good highway and logging road access and is in an area where numerous lithium deposits have been delineated to host significant reserves of lithium.
  • “We are looking forward to entering the Northwestern Ontario Lithium market, as we feel this area as a whole, is still strongly underexplored,” said CEO of Collective Metals, Chris Huggins.
  • Of significance is that the Lithium deposits/projects of Northwestern Ontario are located within 20km of a terrane boundary.

Medaro Mining Files Two Provisional Patent Applications on Its Hard Rock Lithium Extraction Technology

Retrieved on: 
Thursday, April 6, 2023
Lithium, CSE, Lithium oxide, Aluminium, MEDA, Carbon dioxide, Mining, Water, Professional, OTC

VANCOUVER, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA) (OTC:MEDAF) (FSE:1ZY) (“Medaro” or the “Company”), a multi-faceted venture aimed at developing an innovative hard rock lithium extraction method concurrent with its lithium focused exploration in Canada, is pleased to announce the filing of two provisional patent applications (PPAs) on its proprietary spodumene processing technology (the “Technology”).

Key Points: 
  • VANCOUVER, British Columbia, April 06, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA) (OTC:MEDAF) (FSE:1ZY) (“Medaro” or the “Company”), a multi-faceted venture aimed at developing an innovative hard rock lithium extraction method concurrent with its lithium focused exploration in Canada, is pleased to announce the filing of two provisional patent applications (PPAs) on its proprietary spodumene processing technology (the “Technology”).
  • However, current methods of extracting lithium from the spodumene in globally widespread lithium pegmatite ore deposits are expensive and environmentally damaging.
  • Medaro's Technology, which has been in development for almost two years, addresses these challenges by streamlining the lithium extraction process and minimizing environmental impacts.
  • The Company is also exploring partnerships with other mining companies, in various capacities, to further advance the lithium mining industry.

Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern Ontario

Retrieved on: 
Wednesday, March 22, 2023
Lithium, Sample, Caesium, Laboratory, Rubidium, Ultratrace element, Metal, Lithium oxide, ISO, OTCQB, Channel, Fe, Niobium, Iron, Channel 2, National instrument, Channel 1, Rb, TSX, Sodium peroxide, Tantalum, News, CS, Beryllium

The channel sampling was completed at the Number 1 Pegmatite and other pegmatites on the Property.

Key Points: 
  • The channel sampling was completed at the Number 1 Pegmatite and other pegmatites on the Property.
  • The first two trenches / channels (Channels 1 and 2) cut 10 meters of lithium pegmatites each with 1.81% and 1.29% lithium oxide (Li2O), respectively (see Table 1 and Figure 1 for details).
  • Channel 1 intersected 10 meters wide pegmatite with average 8,417 parts per million (ppm) lithium (Li) or 1.88% Li2O.
  • Dr. Weiguo Lang, CEO of Ultra Lithium, stated, “The first channel sampling results further validate the presence of near surface high grade lithium mineralization at the Forgan Lake property.