DLE

Sulzer Acquires Minority Share in Wealth Minerals Ltd.

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星期三, 五月 15, 2024
Lithium, Partnership, DLE, Renewable energy

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth"), announces that Sulzer, a global technology leader focusing on energy security and transition, natural resource processing and the chemical process industries, has acquired a single-digit minority share in Wealth Minerals Ltd., a developer of premier "green minerals" projects based in Vancouver BC, Canada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth"), announces that Sulzer, a global technology leader focusing on energy security and transition, natural resource processing and the chemical process industries, has acquired a single-digit minority share in Wealth Minerals Ltd., a developer of premier "green minerals" projects based in Vancouver BC, Canada.
  • Investing in Wealth Minerals Ltd. underscores Sulzer's commitment to advancing the green energy transition.
  • With over 190 years of industry experience and a proven track record in sustainable technologies, Sulzer is ready to amplify Wealth Minerals` ambitions in developing environmentally sound Direct Lithium Extraction (DLE) projects.
  • I look forward to leveraging my experience to support Wealth Minerals in achieving its ambitious goals and driving positive change in the industry."

Standard Lithium Reports Fiscal Third Quarter 2024 Results, Schedules Investor Update Call

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星期四, 五月 9, 2024
Lithium, Dorado, DFS, CFO, DLE, Demonstration plant, Risk, KTS, Smackover, Arkansas, Partnership, Conference, Webcast, Carbon, SWA, Public expenditure, Engineering, LSS, EDGAR, EST, SLI, FEED, ULC, Bank statement, Arkansas Project, TSX Venture Exchange, FRA, Security (finance)

VANCOUVER, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal third quarter ended March 31, 2024.

Key Points: 
  • INJECTS IMMEDIATE LIQUIDITY THROUGH DIRECT INVESTMENTS IN SOUTH WEST ARKANSAS AND EAST TEXAS PROJECTS
    PARTNERSHIP BRINGS WORLD-CLASS PROJECT DEVELOPMENT CAPABILITIES, ACCELERATING SMACKOVER DEVELOPMENT PATH
    VANCOUVER, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today reported its financial and operating results for the fiscal third quarter ended March 31, 2024.
  • "In Q3, Standard Lithium continued to execute on our strategic plan, responsibly and efficiently advancing our projects,” stated Standard Lithium CEO Robert Mintak.
  • “While the lithium sector has experienced challenges over the past year, we see positive indicators pointing toward stability, and the fundamentals of the lithium market remain strong.
  • This presents a timely moment to showcase our strengths: a strong asset base, favorable jurisdictions, and an industry-leading Direct Lithium Extraction platform.

Standard Lithium and Equinor Form Partnership to Develop South West Arkansas and East Texas Lithium Projects

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星期三, 五月 8, 2024
Lithium, Slate, DLE, LLP, Innovation, Limited liability company, Smackover, Arkansas, Partnership, ETX, SWA, Public expenditure, Citigroup, Digital, Culture, Smackover Formation, Project, Transaction, Standard, Social responsibility, SLI, Arkansas Project, Investment, FRA, EQNR

Standard Lithium and Equinor will each own 55% and 45% of the Projects respectively, with Standard Lithium retaining operatorship.

Key Points: 
  • Standard Lithium and Equinor will each own 55% and 45% of the Projects respectively, with Standard Lithium retaining operatorship.
  • “This partnership with Equinor is a major accomplishment for Standard Lithium.
  • The Transaction was completed effective May 7, 2024 with Equinor, an arms-length party, acquiring interests in two Standard Lithium subsidiaries, one of which holds Standard Lithium’s South West Arkansas Project and the other the East Texas properties.
  • Citi acted as financial advisor to Standard Lithium and Skadden, Arps, Slate, Meagher & Flom LLP and Cassels Brock and Blackwell LLP acted as legal counsel to Standard Lithium.

Mining Sector Prepares Ahead of 1,500% Surge in Lithium Demand by 2050

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星期二, 五月 7, 2024
Lithium, Dorado, Demonstration plant, Magnesium, Technical report, Reuters, Atlas, News, Smackover Formation, Mining, LCE, Ganfeng Lithium, PEA, Pastos Grandes, Economics, IEA, OTC, Mitsui, EV, POSCO, UNCTAD, International Energy Agency, VWAP, DLE, LAAC, Rio Tinto (corporation), NPV, SLI, IRR, Internal rate of return, Rio Tinto

VANCOUVER, BC, May 7, 2024 /PRNewswire/ -- USA News Group – Even though prices are currently down from where they were in 2022, experts still see the monumental importance of lithium in the years and decades ahead. According to a recent post, the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%. UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines. Seeking to provide the critical minerals necessary for the green electric revolution, lithium miners continue to develop several promising new projects, including Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Lithium Americas (Argentina) Corp. (NYSE:LAAC), Atlas Lithium Corporation (NASDAQ:ATLX), Standard Lithium Ltd. (NYSE-American: SLI) (TSXV: SLI), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to a recent post , the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%.
  • UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines.
  • The purified, concentrated lithium solution will subsequently be converted into technical-grade lithium carbonate.
  • "The hard work of our Rincon team is laying the groundwork for our first lithium production by year's end," said Stausholm.

Mining Sector Prepares Ahead of 1,500% Surge in Lithium Demand by 2050

Retrieved on: 
星期二, 五月 7, 2024
Lithium, Dorado, Demonstration plant, Magnesium, Technical report, Reuters, Atlas, News, Smackover Formation, Mining, LCE, Ganfeng Lithium, PEA, Pastos Grandes, Economics, IEA, OTC, Mitsui, EV, POSCO, UNCTAD, International Energy Agency, VWAP, DLE, LAAC, Rio Tinto (corporation), NPV, SLI, IRR, Internal rate of return, Rio Tinto

VANCOUVER, BC, May 7, 2024 /PRNewswire/ -- USA News Group – Even though prices are currently down from where they were in 2022, experts still see the monumental importance of lithium in the years and decades ahead. According to a recent post, the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%. UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines. Seeking to provide the critical minerals necessary for the green electric revolution, lithium miners continue to develop several promising new projects, including Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Lithium Americas (Argentina) Corp. (NYSE:LAAC), Atlas Lithium Corporation (NASDAQ:ATLX), Standard Lithium Ltd. (NYSE-American: SLI) (TSXV: SLI), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to a recent post , the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%.
  • UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines.
  • The purified, concentrated lithium solution will subsequently be converted into technical-grade lithium carbonate.
  • "The hard work of our Rincon team is laying the groundwork for our first lithium production by year's end," said Stausholm.

INTERNATIONAL BATTERY METALS LTD. ANNOUNCES CLOSING OF STRATEGIC PRIVATE PLACEMENT

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星期二, 五月 7, 2024
USD, Indian stock exchange, DLE, Common, Private, Multilateral, EV, CAD, Minority, Metal, The Company, Private placement, Security (finance)

VANCOUVER, BC, and HOUSTON, May 6, 2024 /PRNewswire/ - International Battery Metals Ltd. (the "Company"), is pleased to announce that it has closed its previously announced non- brokered private placement financing (the "Private Placement").

Key Points: 
  • VANCOUVER, BC, and HOUSTON, May 6, 2024 /PRNewswire/ - International Battery Metals Ltd. (the "Company"), is pleased to announce that it has closed its previously announced non- brokered private placement financing (the "Private Placement").
  • In connection with the Private Placement, the Company extended the expiry of 6,396,999 previously issued Common Share purchase warrants from April 21, 2025, to May 3, 2026.
  • The Company further intends to complete additional private placement financings of up to USD$13,564,000 million on similar terms of the Private Placement.
  • In connection with the Private Placement, EV Metals acquired 7,924,157 Units for gross proceeds of USD$4,436,000 (approximately CAD$6,072,440), representing approximately 42.51% of the aggregate proceeds raised by the Company in the Private Placement.

International Battery Metals (IBAT) and US Magnesium Sign Agreement to Install World's First Modular Direct Lithium Extraction (DLE) Plant

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星期一, 五月 6, 2024
Lithium chloride, Renco Group, IBAT, DLE, Lithium, Water resources, Electricity, Engineering, Smackover Formation, Modularity

"Our commercial operations with US Mag will advance a productive lithium extraction operation," said Garry Flowers, IBAT CEO.

Key Points: 
  • "Our commercial operations with US Mag will advance a productive lithium extraction operation," said Garry Flowers, IBAT CEO.
  • IBAT's first-of-its-kind patented modular, mobile lithium extraction plant also has been independently verified to extract more than 97% of available lithium from brine.
  • "International Battery Metals' patented Modular Extraction Technology will be the basis of future lithium extraction from brine resources around the world.
  • The agreement provides IBAT with royalties from US Mag based on lithium sales, as well as payments for equipment operations based on lithium prices and performance.

CENTURY LITHIUM ANNOUNCES POSITIVE FEASIBILITY STUDY FOR THE CLAYTON VALLEY LITHIUM PROJECT, NEVADA

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星期一, 四月 29, 2024
Lithium, Benchmark Mineral Intelligence, Project, Sale, DLE, Filtration, H2SO4, Risk, Pilot plant, Sodium chloride, GRE, Project management, Mineral, Area studies, Lithium carbonate, Transport, QP, Mineral Resources Limited, AACE, FOB, Hydrochloric acid, Patent, MMSA, Feasibility study, Sodium hydroxide, Commerce, Hydrogen chloride, Century, Mining, CIM, Electrolysis, Recycling, G&A, Saltern

The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.

Key Points: 
  • The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.
  • Metallurgical testing through 2020 focused on using sulfuric acid (H2SO4) to extract lithium from the clay.
  • A lithium recovery of 78% is used in the Feasibility Study, based on the data collected in over two years of operations at the Pilot Pant.
  • Contributors to the estimates are GRE (mining), Wood (process plant and infrastructure), ThyssenKrupp Nucera (chlor-alkali plant) and Century Lithium (property information and owners' costs).

INTERNATIONAL BATTERY METALS LTD. ANNOUNCES STRATEGIC PRIVATE PLACEMENT AND CORPORATE UPDATE

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星期五, 四月 26, 2024
USD, Indian stock exchange, DLE, Private, BMO Capital Markets, Multilateral, EV, CAD, Minority, Metal, Private placement, Security (finance)

In connection with the Private Placement, the Company has agreed to extend the expiry of 6,396,999 previously issued warrants from April 21, 2025, to the date which is 24 months from the date of closing the Private Placement.

Key Points: 
  • In connection with the Private Placement, the Company has agreed to extend the expiry of 6,396,999 previously issued warrants from April 21, 2025, to the date which is 24 months from the date of closing the Private Placement.
  • The Company has granted customary registration rights to the investors in the Private Placement.
  • The Company further intends to complete additional private placement financing of up to USD$15.8 Million, which may be completed on similar terms of the Private Placement.
  • EV Metals VI LLC, a private company controlled by Jacob Warnock, a director of the Company, or an affiliated company (collectively, "EV Metals"), will participate in the Private Placement to acquire a minimum of 3,846,913 Units for gross proceeds of at least USD $2.2 million.

Standard Lithium Successfully Commissions First Commercial-Scale DLE Column in North America

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星期三, 四月 24, 2024
Lithium, Dorado, Lithium chloride, Boron, DLE, Demonstration plant, Calcium, Magnesium, Commercial, KTS, Potassium, Smackover Formation, Sodium, Standard, SLI, FRA

EL DORADO, Ark., April 24, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully commissioned and validated the performance of the largest continuously-operating Direct Lithium Extraction (“DLE”) equipment in North America.

Key Points: 
  • EL DORADO, Ark., April 24, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully commissioned and validated the performance of the largest continuously-operating Direct Lithium Extraction (“DLE”) equipment in North America.
  • The Company recently installed a commercial-scale DLE column at its Demonstration Plant near El Dorado, Arkansas.
  • This is, to the best of the Company’s knowledge, both the largest DLE installation, and the only example of a commercial-scale DLE column in operation in North America.
  • Since commissioning, the column has operated continuously and exceeded the design parameters for lithium recovery and rejection of impurities.