Salar

Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets

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星期五, 四月 26, 2024

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billion merger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 million in Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).

Key Points: 
  • VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets.
  • Throughout this 2023 resource program to date, Lithium South has received excellent lithium values from all holes completed to date.
  • I think it would, personally, be a pity if we lost another of our major international players in the mining industry."
  • Late in 2022, Glencore had expressed its intent to add lithium to the suite of metals that it trades, citing the raw material's hot demand.

Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets

Retrieved on: 
星期五, 四月 26, 2024

VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle Corporation (NYSE:ALB), followed by Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) (TSX:TECK-B) rejecting a US$23.2 billion merger proposal from Glencore plc (OTC:GLNCY). Meanwhile, mining giant Rio Tinto Group (NYSE:RIO) is rumored to be on the prowl for more lithium assets after already buying a lithium mine for $825 million in Argentina, in the same province (Salta) as Lithium South Development Corporation's (TSXV:LIS) (OTC:LISMF) Hombre Muerto North Lithium project (HMN Li Project).

Key Points: 
  • VANCOUVER, BC, April 26, 2024 /PRNewswire/ -- USA News Group – Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets.
  • Throughout this 2023 resource program to date, Lithium South has received excellent lithium values from all holes completed to date.
  • I think it would, personally, be a pity if we lost another of our major international players in the mining industry."
  • Late in 2022, Glencore had expressed its intent to add lithium to the suite of metals that it trades, citing the raw material's hot demand.

Summit Nanotech and Cobax Mining Sign Definitive Agreement for Joint Development in the Salar de La Isla

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星期一, 二月 5, 2024

The geologic focus of the exploration and development program will be the alluvial fan of the salt flat.

Key Points: 
  • The geologic focus of the exploration and development program will be the alluvial fan of the salt flat.
  • Summit Nanotech's patented denaLi™ direct lithium extraction (DLE) technology extracts lithium chloride from brine, converting it to high quality lithium carbonate.
  • "The Salar de La Isla has exceptional potential with tests showing more than 1,000 ppm of lithium in the salar brines.
  • "Work at La Isla is underway and represents the foundation to becoming a sustainable producer of lithium as soon as possible.

Adionics completes successful 1,500 Hours of Direct Lithium Extraction testing at SQM's Atacama salar premises

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星期一, 二月 5, 2024

PARIS, Feb. 5, 2024 /PRNewswire/ -- Adionics , a trailblazer in eco-friendly liquid-liquid direct lithium extraction (DLE) technology, today announced the successful completion of 1,500 hours of lithium extraction tests from brine using their pilot plant.

Key Points: 
  • PARIS, Feb. 5, 2024 /PRNewswire/ -- Adionics , a trailblazer in eco-friendly liquid-liquid direct lithium extraction (DLE) technology, today announced the successful completion of 1,500 hours of lithium extraction tests from brine using their pilot plant.
  • Installed on the premises of SQM - the global mining leader in lithium production from brines, the tests were conducted during the second half of 2023 in the desert of Atacama Salar, Chile.
  • Adionics tested five different brines from the Salar of Atacama for SQM, demonstrating the versatility and efficacy of their technology using a highly customized proprietary liquid formulation (Flionex®).
  • Gabriel Toffani – CEO at Adionics:  "We are extremely proud of the results of our latest phase of testing at SQM's Atacama Salar.

BARREL ENERGY UPDATE ON TITAN SOUTH PROJECT

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星期三, 一月 31, 2024

Las Vegas, NV., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce that it received a report detailing a completed multispectral Advanced Spaceborne Thermal Emission and Reflection radiometer (“ASTER”) analysis across a portion of the Titan South Lithium Project area in Tanzania.

Key Points: 
  • Las Vegas, NV., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce that it received a report detailing a completed multispectral Advanced Spaceborne Thermal Emission and Reflection radiometer (“ASTER”) analysis across a portion of the Titan South Lithium Project area in Tanzania.
  • The McDermitt project sits approximately 22miles (35kms) north of the 19.5-million-ton LCE resource of the Thacker Pass deposit.
  • Figure 2 shows the results of the examination of the north portion of the Titan South prospecting license, along with a portion of the adjacent Titan project.
  • Figure 3 shows the spectral mineralogical data from the Titan South project projected at the same scale with the data from the McDermitt site, one of the largest lithium resources in the U.S.
    Much of the Tian South Project remains unexplored and untested, however, we note that the observed robust spectral anomalies at Titan South (see Figure 2) cover an area much larger than our sampling has covered.

ASTER DATA IDENTIFIES HUGE SPECTRAL ANOMALY AT TITAN 1

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星期二, 一月 30, 2024

Optical and thermal remote sensing data from satellites has been an important tool in geological exploration for more than four decades.

Key Points: 
  • Optical and thermal remote sensing data from satellites has been an important tool in geological exploration for more than four decades.
  • ASTER covers a wide spectral region from visible to thermal infrared by 14 spectral bands with high spatial and spectral and radiometric resolutions.
  • Figure 2 shows the results of the examination of the spectral endmembers from the USGS spectral library over the Titan 1 area.
  • Figure 3 shows the spectral mineralogical data from the Titan 1 project compared at the same scale with the data from the McDermitt site.

Canter Resources' Technical Team Mobilizes to Site for Field Work and Drill Program Preparation

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星期三, 一月 17, 2024

The Valkyrie team brings to the Canter partnership a wealth of technical expertise in lithium and critical battery metals exploration through extensive work with industry leaders such as American Lithium and collaborations with respected local prospectors like the Craig family.

Key Points: 
  • The Valkyrie team brings to the Canter partnership a wealth of technical expertise in lithium and critical battery metals exploration through extensive work with industry leaders such as American Lithium and collaborations with respected local prospectors like the Craig family.
  • The partnership with Valkyrie further equips Canter with exclusive access to their comprehensive critical metals targeting database, proprietary technology and over 90 years of collective field experience.
  • The Company has engaged principal hydrogeologist Geoffrey Baldwin and his Reno, NV based Applied Hydrologic Ltd. to work with Canter and its technical team at the Columbus Project.
  • The Company is also working towards finalizing agreements with its preferred dirt work and drill contractors for the Company's Q1/2024 initial phase of drilling at the Columbus Project.

IBC Creates Subsidiary - GreenLiT Pure Lithium, Inc. - to Meet Booming Lithium Demand using IBC's Proprietary Direct Lithium to Product™ (DLP™) Process

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星期四, 一月 25, 2024

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.

Key Points: 
  • AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.
  • GreenLiT™ is perfectly positioned to supply the market with battery-grade lithium end-products.
  • The DLP™ process allows brine operators to directly produce lithium hydroxide without the need to first produce lithium carbonate.
  • GreenLiT™ was created to widely commercialize the DLP™ process and sustainably meet the booming demand for battery-grade lithium end-products in a highly water and energy efficient manner with minimal environmental impact.

IBC Creates Subsidiary - GreenLiT Pure Lithium, Inc. - to Meet Booming Lithium Demand using IBC's Proprietary Direct Lithium to Product™ (DLP™) Process

Retrieved on: 
星期四, 一月 25, 2024

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.

Key Points: 
  • AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.
  • GreenLiT™ is perfectly positioned to supply the market with battery-grade lithium end-products.
  • The DLP™ process allows brine operators to directly produce lithium hydroxide without the need to first produce lithium carbonate.
  • GreenLiT™ was created to widely commercialize the DLP™ process and sustainably meet the booming demand for battery-grade lithium end-products in a highly water and energy efficient manner with minimal environmental impact.

Argentina Lithium Completes Early Exercise of Property Options at Rincon West and Antofalla North Projects

Retrieved on: 
星期四, 十一月 30, 2023

The exercised Pipo/Alcalina option encompasses 5380.5 hectares of properties at the Company's Antofalla North Project, for which the Company recently announced accelerated exploration plans for 2024 .

Key Points: 
  • The exercised Pipo/Alcalina option encompasses 5380.5 hectares of properties at the Company's Antofalla North Project, for which the Company recently announced accelerated exploration plans for 2024 .
  • Nikolaos Cacos, CEO of Argentina Lithium stated: "Exercising the options at Rincon West and Antofalla North is a key step to advance planning and development of our two core projects.
  • Drilling on the optioned property at Rincon West has verified the grade potential of the concentrated lithium aquifer.
  • The early exercise of both options was completed through the Company's Argentine subsidiary Argentina Litio y Energia S.A. ("ALE").