Pentagon awards US$110M more to Albemarle, Talon Metals
Albemarle (NYSE: ALB) and Talon Metals (TSX: TLO) are getting about US$110 million in new U.S. government funding to support their lithium and nickel mining projects, the Pentagon said. Under…
Battery metals
LithiumBank inks direct extraction tech deal for Prairies brine projects
LithiumBank Resources (TSXV: LBNK; US-OTC: LBNKF) announced Monday an intellectual property licensing agreement for direct lithium extraction (DLE) technology owned by G2L Greenview Resources. Effective from Sept. 8, the agreement…
Billionaire Rinehart’s Hancock Prospecting takes major stake in Liontown
Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday market rumours indicating her company had increased its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted…
American Lithium trades higher as it refines flowsheet for Nevada clay project
American Lithium‘s (TSXV: LI; NASDAQ: AMLI) shares closed 10.9% higher on Wednesday following results of optimization work to improve the chemical process used to produce lithium carbonate at its TLC…
Summit Nanotech eyes US$150M to scale up lithium extraction method
Calgary-based Summit Nanotech plans to raise US$150 million to take its own direct lithium technology to commercial scale as the startup gears to open a testing facility in Santiago, Chile…
FPX Nickel sees profitable US$2.2B-capex Baptiste nickel project in BC
FPX Nickel (TSXV: FPX; US-OTC: FPOCF) says its Baptiste nickel project in central British Columbia would cost at least US$2.2 billion to build and still be a high-margin supplier of battery metals or…
Trident Royalties invests $10M in Utah lithium project
Trident Royalties (LSE: TRR) has inked a deal to acquire an existing lithium royalty from Atherton Resources covering Anson Resources’ (ASX: ASN) flagship Paradox lithium project in Utah. The U.K.-based…
Sigma Lithium on track to produce 130,000 tonnes of concentrate by year-end
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has made its second shipment from its Grota do Cirilo mine in Brazil, after trucking 15,000 tonnes of battery-grade spodumene concentrate and 30,000 tonnes…
Talga keeps permit for graphite mine in Sweden
Talga Group (ASX: TLG) has scored a key victory after a Swedish court rejected on Thursday appeals from lobby groups opposed to the development of the Nunasvaara natural graphite mine in the…
U.S. IRA lays bare critical mineral supply fault lines, says report
The Inflation Reduction Act (IRA) is reshaping the landscape of metals and minerals demand, triggering a surge in critical minerals activity while structural permitting challenges in the U.S. legal system…
Robots enhance prospectors’ role as GeologicAI and peers scan drill core assays
GeologicAI, a Canadian tech company with Agnico Eagle Mines (TSX: AEM; NYSE: AEM) as a client and the backing of the Bill Gates-funded Breakthrough Energy Ventures, is part of a…
BHP Xplor launches search for next round of exploration prospects
BHP Xplor, an accelerator program introduced by the miner in 2022 in pursuit of unlocking critical minerals, began a global search Thursday for its next cohort. The program seeks to…