In Kinshasa, Zambia’s Minister of Mines, Paul Chanda Kabuswe, highlighted the need for Africa to transition from exporting raw materials to processing them locally for increased value. The Democratic Republic of Congo (DRC) is a dominant figure in the global cobalt market, supplying around two-thirds of the world’s needs. Both the DRC and Zambia have expressed plans to process these...
Background: Glencore, a global leader in raw materials trading, is currently working on a transformation plan for Portovesme, an established company in Sulcis, Sardinia. The aim is to transition from producing lead and zinc to recycling and producing lithium and rare earths, potentially positioning Italy at the forefront of the European automotive supply chain. Regulatory Challenges: The Region of Sardinia...
The future of the global transition to electric vehicles is intricately linked to a remote region in Canada – the Ring of Fire. The Untapped Wealth: Located in Northern Ontario, far from any major roads and surrounded by dense forests and peat bogs, the Ring of Fire is recognized by industry experts and government officials as a crucial reservoir of...
In a significant milestone for battery technology, the European MODALIS² (Modeling of Advanced LI Storage Systems) project, spearheaded by the IFPEN Transports Energie Carnot Institute, has concluded with remarkable achievements in the realm of modeling and simulating next-generation batteries. The torch is now passed to the HELENA project, poised to usher in the batteries of tomorrow. The concluding assembly of...
Lithium-ion battery recycling company Lohum has unveiled its expansion into Nepal, with ambitious plans to deliver 25,000 metric tons of electric vehicle (EV) battery materials to various partners associated with leading automobile brands in the country. This strategic partnership aims to bolster Nepal’s energy self-sufficiency by regenerating critical transition materials through battery recycling, contributing to a sustainable energy future. The...
The Czech government is actively promoting lithium mining in the country as a strategic raw material essential for the Czech economy’s revival, according to Prime Minister Petr Fiala. During his visit to potential mining areas, Fiala underscored the significance of lithium, a critical component in the production of car batteries, particularly in the rapidly expanding electric vehicle sector. Geomet, a...
India is on the verge of finalizing agreements for the acquisition of five lithium blocks in Argentina, with the signing expected in the coming days. These agreements will be executed through KABIL, a state-owned joint venture established for the purpose of securing strategic minerals abroad. KABIL is a collaboration between the National Aluminium Company (NALCO), Mineral Exploration Corporation Ltd. (MECL),...
Saudi Arabian Mining Company (Ma’aden) and King Abdullah University of Science and Technology (KAUST) have reached an agreement to jointly invest in the startup known as Lithium Infinity (Lihytech). The innovative technology has the capability to extract lithium from unconventional sources, including seawater. It possesses the potential to translate KAUST’s research into commercial viability, thus delivering strategic significance and value...
CleanTech Lithium PLC (AIM:CTL, OTCQB:CTLHF) has expressed its willingness to consider inviting Chile’s state mining company, ENAMI, to become a minority partner in its two projects located in Chile. CleanTech’s subsidiaries in Chile, Atacama Salt Lakes and Laguna Negro Francisco, have recently submitted applications for special operation contracts (CEOL) concerning the Laguna Verde and Francisco Basin projects. These CEOL applications...
UK-based mineral exploration firm Cornish Lithium has successfully secured £53 million (approximately USD 67 million) in investment. The funding comes from the UK Infrastructure Bank, in collaboration with the Energy and Minerals Group (EMG) and TechMet. Importantly, the investors also retain the option for a second-stage investment of £168 million. While the primary focus of this investment will be the...
