Sociedad, Morazán

LG Energy Solution Strengthens Partnership with WesCEF, Secures Stable Lithium Supply Chain for the North American Market

Retrieved on: 
Tuesday, February 13, 2024

LG Energy Solution signs a second offtake agreement with WesCEF, expands its supply chain for competitive lithium procurement

Key Points: 
  • LG Energy Solution signs a second offtake agreement with WesCEF, expands its supply chain for competitive lithium procurement
    Lithium hydroxide and lithium concentrate from WesCEF's Mt.
  • Under the agreement, WesCEF will supply LG Energy Solution up to 85,000 tons of lithium concentrate, which could be utilized in producing around 11,000 tons of lithium hydroxide, a crucial raw material for cathodes.
  • As part of its efforts to further enhance its lithium supply chain, LG Energy Solution has also secured a partnership with SQM, a global mining company based in Chile and also an investor in the Mt.
  • Holland lithium project, as two companies signed a new long-term supply agreement for lithium carbonate and lithium hydroxide last year.

Dr. Lisandro Montalvo-Burke Joins Healthmap Solutions as Medical Director for Puerto Rico

Retrieved on: 
Tuesday, February 13, 2024

GUAYNABO, Puerto Rico, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Healthmap Solutions, Inc. (Healthmap), a leading kidney population health management company, has named Lisandro Montalvo-Burke, MD as its new Medical Director in Puerto Rico.

Key Points: 
  • GUAYNABO, Puerto Rico, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Healthmap Solutions, Inc. (Healthmap), a leading kidney population health management company, has named Lisandro Montalvo-Burke, MD as its new Medical Director in Puerto Rico.
  • Dr. Montalvo is a board-certified nephrologist and has been practicing nephrology in Canovanas, PR at his private practice since 2005.
  • He is a member of the American Society of Nephrology, Renal Physicians Association, National Kidney Foundation, and Sociedad de Nefrología e Hipertensión de Puerto Rico.
  • Healthmap has an all-star team here in Puerto Rico, and I am thrilled to be part of the organization.”

Novo Resources Business Review

Retrieved on: 
Thursday, February 8, 2024

Novo is in a strong financial position to continue its aggressive exploration focus in Western Australia.

Key Points: 
  • Novo is in a strong financial position to continue its aggressive exploration focus in Western Australia.
  • Ongoing focus on working with traditional owners to ensure Novo progresses exploration programs with respect for their cultural and heritage traditions.
  • The Egina Gold Camp is Novo Resources Corp’s (Novo of the Company) highly prospective gold belt located in the Pilbara, which includes the priority Becher and Nunyerry North projects (Figure 1).
  • Novo sold its Nullagine Gold Project (NGP) to Calidus Resources following the conclusion of a strategic review.

Golden Arrow Announces US$5 Million Option Agreement to Support Resource Delineation Program at the San Pietro IOCG Project

Retrieved on: 
Friday, January 12, 2024

NGE holds a 100% interest in the Company's San Pietro iron oxide-copper-gold-cobalt project in Chile (the "San Pietro Project").

Key Points: 
  • NGE holds a 100% interest in the Company's San Pietro iron oxide-copper-gold-cobalt project in Chile (the "San Pietro Project").
  • The proximity of the San Pietro Project to other mining projects in the area does not provide any assurances with respect to the prospects at the San Pietro Project.
  • With completion of this arrangement with SSA, the Company is fine-tuning its geological modeling to finalize the drill spacing and program required to support a NI 43-101 mineral resource estimate at San Pietro.
  • The full 2024 exploration and resource delineation drilling program will be announced in the coming weeks.

Strategic Joint Venture With Global Lithium Producer SQM

Retrieved on: 
Monday, December 18, 2023

The Harding Battery Metals Joint Venture tenements are adjacent to or in the vicinity of Azure Minerals’ Andover Lithium – Nickel Project where Azure announced pegmatites hosting significant widths of visible spodumene with high lithium grades returned1.

Key Points: 
  • The Harding Battery Metals Joint Venture tenements are adjacent to or in the vicinity of Azure Minerals’ Andover Lithium – Nickel Project where Azure announced pegmatites hosting significant widths of visible spodumene with high lithium grades returned1.
  • Under the option, SQM will have a 12-month period to elect to include additional Novo Pilbara tenements in the joint venture on the same terms for no further consideration.
  • The Harding Battery Metals Joint Venture expands Novo’s existing exposure to lithium exploration which includes the Quartz Hill Joint Venture with Liatam Mining near Nullagine in the East Pilbara.
  • Novo and SQM have entered into a joint venture agreement relating to Novo’s West Pilbara battery metals portfolio where SQM will be the manager HBMJV.

Almirall Announces the Launch of a €200mm Non Pre-Emptive Share Capital Increase

Retrieved on: 
Monday, June 12, 2023

Books will be open from now and are expected to close no later than 08:00 a.m.

Key Points: 
  • Books will be open from now and are expected to close no later than 08:00 a.m.
  • on 13 June 2023, when final results of the ABB Process will be published to the market.
  • The Gallardo family, holding indirectly approximately 59.66% of the share capital of the Company, has undertaken to participate in the Capital Increase via Grupo Plafín, S.A.U.
  • will be subject to a lock-up undertaking of 180 days from the closing of the Capital Increase, subject to market standard exceptions.

SQM Announces Long-Term Lithium Supply Agreement with Ford Motor Company

Retrieved on: 
Monday, May 22, 2023

SANTIAGO, Chile, May 22, 2023 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) and Ford Motor Company have announced a long-term strategic agreement to secure the supply of high-quality lithium products for production of electric vehicles.

Key Points: 
  • SANTIAGO, Chile, May 22, 2023 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) and Ford Motor Company have announced a long-term strategic agreement to secure the supply of high-quality lithium products for production of electric vehicles.
  • The agreement between Ford and SQM will ensure the supply of battery-grade lithium carbonate and lithium hydroxide, essential components to manufacture high-performance electric vehicle batteries.
  • Carlos Díaz, Executive Vice President Lithium of SQM, said: "We are pleased to announce this strategic agreement and value Ford's trust in SQM's ability to deliver battery-grade lithium products sustainably produced in Chile.
  • Working together helps Ford strengthen our plans to help secure the lithium we need and to de-risk our production plans for millions of EVs over time."

North America's Lithium Hot Spot Hits Record Results

Retrieved on: 
Thursday, February 23, 2023

LONDON, Feb. 23, 2023 /PRNewswire/ -- With EV sales set to triple by 2026 and auto giants committing tens of billions of dollars in a massive push to boost battery production for American EVs, the race to the finish line for new lithium supplies will help define this space in 2023. Mentioned in today's commentary includes: Lithium Americas Corp. (NYSE: LAC), Turquoise Hill Resources Ltd. (NYSE: TRQ), Teck Resources (NYSE: TECK), Albemarle Corporation (NYSE: ALB), Sociedad Química y Minera de Chile (NYSE: SQM).

Key Points: 
  • Lithium Ionic Corp (LTH) has gained nearly 60% in the same time period, and Lithium Bank Resources Corp (LBNK) is up over 31% .
  • EMP is focused on low-cost, high-impact lithium exploration projects, and the Duperow Formation, where much of the lithium investor attention is now focused, is exactly that.
  • That means that EMP's latest lithium brine test results appear to be of higher concentrations than anything previously recorded by the Canadian government.
  • Under the deal, SQM will supply battery-grade lithium carbonate and lithium hydroxide to LG Energy Solution between 2021 and 2029.

North America's Lithium Hot Spot Hits Record Results

Retrieved on: 
Thursday, February 23, 2023

LONDON, Feb. 23, 2023 /PRNewswire/ -- With EV sales set to triple by 2026 and auto giants committing tens of billions of dollars in a massive push to boost battery production for American EVs, the race to the finish line for new lithium supplies will help define this space in 2023. Mentioned in today's commentary includes: Lithium Americas Corp. (NYSE: LAC), Turquoise Hill Resources Ltd. (NYSE: TRQ), Teck Resources (NYSE: TECK), Albemarle Corporation (NYSE: ALB), Sociedad Química y Minera de Chile (NYSE: SQM).

Key Points: 
  • Lithium Ionic Corp (LTH) has gained nearly 60% in the same time period, and Lithium Bank Resources Corp (LBNK) is up over 31% .
  • EMP is focused on low-cost, high-impact lithium exploration projects, and the Duperow Formation, where much of the lithium investor attention is now focused, is exactly that.
  • That means that EMP's latest lithium brine test results appear to be of higher concentrations than anything previously recorded by the Canadian government.
  • Under the deal, SQM will supply battery-grade lithium carbonate and lithium hydroxide to LG Energy Solution between 2021 and 2029.