Search results: lithium

Over the next ten years, the outlook for the lithium sector is “as bright as ever” amid fast production and demand growth, a new report from Fitch Solutions and Country Risk shows. The global acceleration towards decarbonisation, the electrification...

LITHIUM exploration underway at Fort Rixon, Matabeleland South is set to heighten Government’s measures of using the mining sector as leverage to reach its target of a US$12 billion economy in the extractive industry.The Government recently...

AUSTRALIA-LISTED mining concern, Prospect Resources, says construction of the Arcadia lithium pilot plant is now 70 percent complete with the company expecting to start shipping high grade petalite to Europe by end of June.The mining firm...

Prospect Resources has received subscriptions for approximately $41.9 million new ordinary shares at $0.155 per share to raise $6.5 million before costs (placement), to support the progress of the Arcadia Lithium project.By Shantel ChisangoProspect Managing Director,...

Due to the continuously rising demand for battery-grade lithium, the need for high purity lithium raw materials is going to increase, Zimbabwean businessman and Prospect Resources Managing Director Sam Hosack has said.Rudairo MapurangaIn batteries, lithium is...

Prospect Resources — developer of the Arcadia lithium project near Harare — has begun discussions with financiers to unlock funding for the staged development of a petalite pilot plant needed to achieve near-term production, the mining junior said last week. The...

Domestic Chinese battery-grade lithium carbonate prices assessed by Benchmark Mineral Intelligence are on a tear in 2021 after bottoming out in the second half of last year, following a lengthy slump. Ex-works lithium carbonate in China (≥99.5% Li2CO3) jumped...

Value addition is key to make sure that lithium miners in Zimbabwe benefit from the effects of the Covid-19 pandemic that has affected global prices.Rudairo Dickson MapurangaAccording to energy experts, global supplies of lithium used to...

Following its recent appointment of New York-based EAS Advisors LLC (EAS) as its United States corporate adviser, diversified mining firm Premier African Mineral, says it is looking to raise new capital for its Zulu Lithium Project...

Sibanye-Stillwater Ltd said on Tuesday it has agreed to invest in European lithium company Keliber Oy, marking the South African miner’s entry into battery metals sector. Sibanye said it will make an initial phased equity investment of...

New Prospect Resources Chief Financial Officer (CFO) Mr. Ian Goldberg has promised to use his expertise in finances to help with the enhancement of the Arcadia Lithium Project.By Shantel Chisango"I look forward to bringing my experience...

Positive project progressions in UK and EU lithium development will bode well for their respective battery supply chains and mission to reduce dependence on Chinese critical raw materials, market analyst Fitch Solutions asserts in its latest industry report. The...