Cobalt

Utmel: Global Power and Energy Storage Battery Recycling Scale Will Exceed 1TWh by 2030

Retrieved on: 
Friday, November 11, 2022

Utmel estimates that the global recycling scale of power and energy storage batteries will exceed 1TWh by 2030, with lithium iron phosphate batteries accounting for more than 58% of the total.

Key Points: 
  • Utmel estimates that the global recycling scale of power and energy storage batteries will exceed 1TWh by 2030, with lithium iron phosphate batteries accounting for more than 58% of the total.
  • However, there are still several major problems to be solved in the battery recycling industry at this stage.
  • Take the Chinese market as an example, since 2020, China has continued to introduce power battery recycling policies.
  • In China, one of the world's largest new energy vehicle markets, the installed scale of the global power battery market will exceed 3TWh by 2030, and the installed scale of China's power battery is expected to occupy about 45% of the world.

Canada Silver Cobalt Has Signed an LOI to Purchase a Greenfield Lithium Property in Northern Ontario

Retrieved on: 
Wednesday, November 9, 2022

The property is contiguous with Power Metals' Case Lake Lithium property near Cochrane, Ontario.

Key Points: 
  • Coquitlam, British Columbia--(Newsfile Corp. - November 9, 2022) - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Canada Silver Cobalt") announces it has signed a non-binding LOI to purchase a 24-unit multicell greenfield lithium property in Case Township, in the Cochrane District, Ontario.
  • The Property is contiguous to Power Metal's Case Lake Lithium Property.
  • A collection of these domes appears to trend through the Property outlined in this LOI, and the Property has outcropping pegmatites on surface.
  • Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource estimate.

ALX Resources Corp. Samples 1.11% Nickel at the Flying Vee Nickel Project, Northern Athabasca Basin Area, Saskatchewan

Retrieved on: 
Tuesday, November 8, 2022

Flying Vee is located in the Athabasca region of northern Saskatchewan approximately 25 kilometres (16 miles) north of Stony Rapids, Saskatchewan, Canada.

Key Points: 
  • Flying Vee is located in the Athabasca region of northern Saskatchewan approximately 25 kilometres (16 miles) north of Stony Rapids, Saskatchewan, Canada.
  • Flying Vee is comprised of 25 claims totaling 34,588 hectares (85,467 acres) located approximately 25 kilometres (16 miles) north of Stony Rapids.
  • The Project lies within the Tantato Domain, otherwise known as the East Athabasca Mylonite Triangle, which forms a segment of the Snowbird Tectonic Zone.
  • ALX terms this area as the "Nickel Lake East" showing.

EQS-News: If You’re Trying To Hedge Inflation, Phosphate Is A Commodity To Keep Your Eye On

Retrieved on: 
Friday, November 11, 2022

If Youre Trying To Hedge Inflation, Phosphate Is A Commodity To Keep Your Eye On

Key Points: 
  • If Youre Trying To Hedge Inflation, Phosphate Is A Commodity To Keep Your Eye On
    The issuer is solely responsible for the content of this announcement.
  • As people grapple with the ramifications of the recession, they are looking to hedge against rising inflation.
  • An inflation hedge is typically an investment intended to protect an investor against any significant decrease in the purchasing power of money.
  • Arianne Phosphate Inc. (OTC: DRRSF) is one of the promising phosphate mining companies that can respond to the growing demand for phosphate.

Standard Uranium Announces Final Analytical Results from Summer Drill Program at Flagship Davidson River Project

Retrieved on: 
Tuesday, November 8, 2022

VANCOUVER, British Columbia, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (Standard Uranium or the Company) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce the final analytical results of the Phase III summer 2022 diamond drilling program at the Companys flagship 20,006-hectare Davidson River Project (Davidson River).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (Standard Uranium or the Company) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce the final analytical results of the Phase III summer 2022 diamond drilling program at the Companys flagship 20,006-hectare Davidson River Project (Davidson River).
  • Analytical results returned elevated pathfinder elements in addition to locally elevated uranium and boron content in several drill holes.
  • Drill hole intersections of prospective structure, alteration, and anomalous geochemical results have continued to improve with each drill program at Davidson River, setting the stage for the planned 2023 drill program to be the most exciting to date.
  • Sean Hillacre, Vice President of Exploration, commented: The Davidson River Project continues to deliver exciting and encouraging results with each drill program as we search for high-grade basement hosted uranium mineralization.

RecycLiCo Battery Materials Advances to Lithium Recovery Stage of Demonstration Plant Project

Retrieved on: 
Tuesday, November 8, 2022

SURREY, British Columbia, Nov. 08, 2022 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (RecycLiCo or Company), formerly American Manganese Inc., a battery materials company focused on the development of novel and environmentally friendly lithium-ion battery recycling and upcycling technologies, and its R&D partner Kemetco Research Inc. (Kemetco), is pleased to provide an operational update on the RecycLiCo hydrometallurgical demonstration plant (the Demo Plant) in Vancouver, Canada.

Key Points: 
  • SURREY, British Columbia, Nov. 08, 2022 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (RecycLiCo or Company), formerly American Manganese Inc., a battery materials company focused on the development of novel and environmentally friendly lithium-ion battery recycling and upcycling technologies, and its R&D partner Kemetco Research Inc. (Kemetco), is pleased to provide an operational update on the RecycLiCo hydrometallurgical demonstration plant (the Demo Plant) in Vancouver, Canada.
  • The Company has since achieved similar success in recent impurity removal and co-precipitation stages of ongoing Demo Plant testing.
  • The Demo Plant has now advanced to the next stage of the RecycLiCo patented process to demonstrate lithium recovery at demo-scale.
  • About RecycLiCo Battery Materials Inc.
    RecycLiCo Battery Materials Inc, formerly American Manganese Inc., is a battery materials company focused on recycling and upcycling lithium-ion battery waste.

Talon Metals Announces $32.5 Million Bought Deal Public Offering

Retrieved on: 
Monday, November 7, 2022

ROAD TOWN, British Virgin Islands, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Talon Metals Corp. (TSX: TLO) (“Talon” or the “Corporation”) is pleased to announce that the Corporation has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. (the “Lead Underwriter” and collectively the “Underwriters”) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 66,400,000 common shares of the Corporation (the “Shares”) at a price of $0.49 per Share (the “Issue Price”) for aggregate gross proceeds of approximately $32.5 million (the “Offering”).

Key Points: 
  • Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota.
  • The Tamarack Nickel Project comprises a large land position (18km of strike length) with high-grade intercepts outside the current resource area .
  • Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Project, and currently owns 51%.
  • For additional information on Talon, please visit the Corporations website at www.talonmetals.com /

Electra Reports Q3 Results and Provides Update on Cobalt Refinery Project and Black Mass Recycling Demonstration

Retrieved on: 
Wednesday, November 9, 2022

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (Electra or the Company) today announced the filing of its financial results for the third quarter ended September 30, 2022, and provided an update on the commissioning of its cobalt refinery and launch of its black mass recycling demonstration plant.

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (Electra or the Company) today announced the filing of its financial results for the third quarter ended September 30, 2022, and provided an update on the commissioning of its cobalt refinery and launch of its black mass recycling demonstration plant.
  • Made progress towards the launch of a black mass recycling demonstration plant at the Companys Ontario refinery complex.
  • Currently commissioning North Americas only cobalt sulfate refinery, Electra is executing a multipronged strategy focused on onshoring the electric vehicle supply chain.
  • Keys to its strategy are integrating black mass recycling and nickel sulfate production at Electras refinery located north of Toronto, advancing Iron Creek, its cobalt-copper exploration-stage project in the Idaho Cobalt Belt, and expanding cobalt sulfate processing into Bcancour, Quebec.

DEEP-SOUTH STARTS SOIL SAMPLING ON THE ZAMBIAN PROJECTS

Retrieved on: 
Wednesday, November 9, 2022

The team started mobilizing on Tuesday November 8 and will start the soil sampling program on the three licences.

Key Points: 
  • The team started mobilizing on Tuesday November 8 and will start the soil sampling program on the three licences.
  • The program consists of geochemical soil sampling on each licence with the aim of identify anomalies and defining drilling targets.
  • The licence is situated in the center of the Zambian Copper belt and covers 5,423.26 hectares (54.24 Sq.
  • The program consists of 820 soil samplescollected in an identical manner to the original Teal sampling program.

Canada Nickel Announces Improvements to Accelerated CO2 Capture Process

Retrieved on: 
Tuesday, November 8, 2022

Understanding the impact of these variables on the carbon capture potential is believed to be key to operationalizing the process.

Key Points: 
  • Understanding the impact of these variables on the carbon capture potential is believed to be key to operationalizing the process.
  • Canada Nickel has developed a simple active process that utilizes tailings as generated in the milling process and injects a concentrated source of CO2 for a brief period of time.
  • IPT Carbonation, which is an active process, has benefits over passive mineral carbon capture as the method for quantifying and verifying CO2 capture is expected to be much simpler.
  • Canada Nickel expects industry standards to be developed for quantifying CO2 capture through passive methods as well.