Ontvang nu dagelijks onze kooptips!

word abonnee
IEX 25 jaar desktop iconMarkt Monitor

Grondstoffen« Terug naar discussie overzicht

Lithium

988 Posts
Pagina: «« 1 ... 28 29 30 31 32 ... 50 »» | Laatste | Omlaag ↓
  1. forum rang 10 DeZwarteRidder 22 mei 2022 19:48
    Australia’s AVZ Minerals Ltd. is battling to retain control of what is potentially the world’s largest untapped lithium deposit amid ownership claims from Chinese investors, according to Boatman Capital.

    AVZ’s interest in the Manono lithium project in the Democratic Republic of Congo could fall to 36% from 75%, London-based short-seller Boatman said in a research report on Friday. That may follow its planned sale of a 24% stake this month and a flurry of lawsuits from companies, including Zijin Mining Group Co., claiming ownership, documents published by Boatman show.

    “At best, AVZ faces months or years of legal fights” to block a claim by a Zijin subsidiary, Boatman said in the report. “At worst, AVZ will lose control of Manono.”

    AVZ said Friday it extended the voluntary suspension of the trading of its stock on the ASX until June 1, having halted selling and buying of its shares May 9 as it waits for the Congolese government to complete its permit approvals for Manono. AVZ, with a market capitalization of about A$2.75 billion ($1.9 billion), had soared more than 400% over 12 months.

    Congo is an important source of materials needed in the transition to clean energy. It’s the world’s largest producer of cobalt and holds vast deposits of lithium, both key ingredients in electric-vehicle batteries. Chinese companies have moved aggressively to secure supplies from the central African country, and now control about half of Congo’s cobalt output and approximately 70% of its copper production.

    Read: China Built Congo Toll Road That Led Straight to Ruling Family

    In China, the world’s biggest EV market, lithium prices have climbed more than 400% in the past year, stabilizing in recent months as stringent Covid restrictions weigh on manufacturing.

    The Perth-based company said earlier this month it was “a matter of days” from securing its mining permit. A week later, it announced that Zijin’s Jin Cheng Mining Company Ltd. had requested arbitration at the International Chamber of Commerce in Paris to claim a 15% share of the mining project that it says it acquired from state-owned miner Cominiere last year.

    Boatman published a contract that showed Jin Cheng agreed to pay $33.4 million to Cominiere for the stake.

    Zijin said in a May 9 statement that it had followed the law and complied with the joint venture agreement for the Manono project. “Zijin Mining will actively protect its legitimate rights and interests, and continue to address future issues through litigation and arbitration,” it said.

    AVZ and Zijin did not immediately respond to separate requests for comment on Friday.

    ‘Meritless Agreement’

    AVZ said the agreement is “meritless” because it has the right to preempt any share sale by Cominiere, which currently holds 25% of the project. The company says it is in “advanced discussions” with the government to acquire the 15% itself.

    Congo’s Mines Minister Antoinette N’Samba Kalambayi and Cominiere’s Managing Director Athanase Mwamba Misao didn’t immediately respond to separate messages requesting comment Friday.

    AVZ is already set to sell a 24% stake in the project to Chinese battery maker Suzhou CATH Energy Technologies at the end of this month for a $240 million investment. That’s about five times the value per share in the Cominiere-Jin Cheng agreement.

    The dispute with Zijin isn’t AVZ’s only shareholder battle over the ownership of the lithium deposits. Last year, the company said it paid Dathomir Mining Resources Sarl $20 million for a 15% stake in the project, bringing its total shareholding to 75%. Now the company, owned by longtime Chinese investor in Congo, Cong Maohuai, has sued in Congo to annul the deal. AVZ’s subsidiary is appealing.

    Cong did not immediately respond to an email requesting comment Friday.

    The project is planned to develop the first lithium mine in Congo. Cong’s company, Societe de Gestion Routiere du Congo, is managing the rehabilitation of a 290 mile-long export route from Manono at a cost of about $285 million, according to AVZ.

    ©2022 Bloomberg L.P.
  2. forum rang 9 nine_inch_nerd 23 mei 2022 11:15
    Vannacht: -16%. Lekker.

    23 May 2022

    POSITIVE PRE-FEASIBILITY STUDY ENHANCES NAL VALUE
    Positive Pre-feasibility Study (PFS) shows value of North American Lithium (NAL) operation in Québec, Canada confirming technical and financial viability over 27-year life of mine
    Pre-tax net present value (NPV) (8% discount) estimated at approx. A$1 billion, with pre-tax internal rate of return (IRR) of 140% and capital payback within two years
    Modest capex for NAL restart of approx. A$100M, with upgrades to improve operational efficiency, grade, quality and recovery; long-lead equipment already ordered to facilitate Q1 2023 restart
    ? Results confirm potential for Abitibi lithium hub, adding to emerging northern hub and facilitating downstream processing as Company bolsters leading position in North American lithium industry.


    sayonamining.com.au/wp/wp-content/upl...
  3. forum rang 9 nine_inch_nerd 25 mei 2022 09:12
    Afgelopen 2 dagen ca -30% en nu dit: klinkt niet goed...Maar kijkend naar het potentieel van dit bedrijf...
    "A trading halt pending an announcement regarding a capital raising"
    Tsjah, damage is done. Afwachten.

    Sayona Mining Limited (ASX: SYA) – Trading Halt
    sayonamining.com.au/wp/wp-content/upl...
  4. forum rang 9 nine_inch_nerd 27 mei 2022 09:15
    SAYONA BUILDS QUÉBEC TEAM FOR 2023 PRODUCTION
    sayonamining.com.au/wp/wp-content/upl...

    Enjoy our latest interview with the SayonaMining CEO & MD, Brett Lynch.
    We discussed SYA's $190m capital raise and their NAL PFS as they move towards Lithium Spodumene production in 2023
    youtu.be/IW1ZQVezImA
  5. forum rang 9 nine_inch_nerd 27 mei 2022 21:12
    Interessant artikel! Diversen komen langs.

    “Canada [has] tremendous opportunity here . . . Strategically the government is doing a good job by bringing in anchor investors that will drive further investment” NANO ONE CEO, Dan Blondal.

    ottawacitizen.com/the-logic/heres-how...
  6. forum rang 9 nine_inch_nerd 30 mei 2022 09:05
    Ecograf heeft iets met Posco en GM heb ik ook al vaker gehoord in relatie tot....
    Posco Chemical, GM pick Quebec, Canada, as site for US$633m cathode materials plant.

    Wordt druk daar in Quebec!

    POSCO Chemical plans to invest in $633m battery materials plant with GM
    www.mining.com/web/posco-chemical-pla...
  7. forum rang 9 nine_inch_nerd 31 mei 2022 07:46
    Quebec!

    www.lapresse.ca/affaires/portfolio/20...

    Mining industry Sayona, on the eve of take-off

    The La Corne mine, in Abitibi-Témiscamingue. The site has a lithium mine (temporarily shut down since 2019), as well as a lithium concentrator that still lacks some components to be operational.
    Sayona mining is well positioned to carve out a prominent place in the battery industry. However, it must find the right partners and hope that all its projects in Abitibi-Témiscamingue and James Bay will move forward. Sayona CEO Guy Laliberté explains how Quebec could become a lithium champion on the continent.

    Published yesterday at 8:00 am

    Stéphane Champagne
    STÉPHANE CHAMPAGNE SPECIAL COLLABORATION

    According to Mr. Laliberté, Sayona, owned by Australian Sayona Mining, holds some 100 million tons of lithium in measured and indicated resources in Quebec. This therefore places the group's Quebec subsidiaries at the top of the North American pyramid.

    If everything goes as planned, the company could soon operate the only lithium concentrator in North America and eventually make the second high value-added transformation.

    By acquiring the La Corne site in Abitibi-Témiscamingue in 2021, the mining company got its hands on a lithium mine (temporarily shut down since 2019), as well as a lithium concentrator that still lacks some components to be operational. Sayona therefore plans to invest nearly 75 million in the short term so that everything is in operation in about a year. The site would have a capacity of 180,000 tons of lithium concentrates.


    PHOTO PROVIDED BY SAYONA
    Guy Laliberté, CEO of Sayona, wants to make Quebec a lithium nerve center in North America.
    Our goal is that in the first quarter of 2023, we can operate the mine and start making lithium concentrate. Then, during a second transformation, we will see if we turn to the production of carbonate or lithium hydroxide.

    Guy Laliberté, CEO of Sayona

    Lithium carbonate is used in entry-level electric car batteries, but especially in small electronic or energy storage devices. More efficient electric cars use lithium hydroxide instead.

    A carbonate or hydroxide production plant could cost between 100 and 300 million, estimates Guy Laliberté. If funding is there, demand for lithium remains and everyone agrees, such a project could be launched in 2025-2026, believes the entrepreneur.

    The delicate subject of the partners

    Finding the right partners will therefore change the situation for the future of things, says the one who claims to be in contact with a dozen potential customers, ranging from battery manufacturers to car manufacturers.

    Last week, Guy Laliberté was in South Korea to meet potential partners. He prefers to silence the names of his Asian hosts. "All I can tell you is that there are several companies looking to secure their supplies," notes the CEO.

    In addition to La Corne, located between Val-d'Or and Amos, Sayona has a few other mining sites in Quebec. The most advanced project is that of Authier. Located 30 km from Amos on the territory of the Abitibiwinni Nation, this future open-pit lithium mine is awaiting a favorable decision from the Ministry of the Environment. This could also include a review and hearings by the BAPE.

    Another promising site is Moblan, James Bay. Being the subject of a major exploration activity, the place would offer a potential of about 10 million tons of lithium, according to Guy Laliberté. A feasibility study to install a concentrator is also on the agenda.

    TO KNOW MORE

    Lithium
    Lithium is the third most sought-after substance currently in Quebec.
  8. forum rang 9 nine_inch_nerd 31 mei 2022 13:58
    Electra Underscores Commitment to Sustainability with
    Launch of Comprehensive ESG Policies and Frameworks
    Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (the "Company" or “Electra”) today announced the introduction of a comprehensive set of policies and frameworks that underpin the Company’s commitment to Environmental, Social and Governance (ESG) best practices. Approved by the Company’s Board of Directors, the policies cover Human Rights, Supply Chain, Environment, and Sustainability matters. In support of the rollout of the policies, the Company is also launching a whistleblower channel, open for internal and external stakeholders and accessible from Electra’s website (https://electrabmc.com/esg/).

    “Given our focus of developing a low carbon, fully-integrated battery materials park for the North American electric vehicle industry, it is important that we have stringent ESG policies in place and conduct ourselves in accordance with industry best practices when it comes to sustainability, ethical sourcing, and respect for human rights,” said Trent Mell, CEO of Electra Battery Materials. “The rollout of our new policies and the launch of a whistleblower channel reflect our strong commitment to ESG.”

    HIGHLIGHTS

    Electra’s policies are aligned with industry best practices and assurance standards that will guide Electra’s supply chain due diligence. As members of the Cobalt Institute, Electra is committed to the responsible production and use of cobalt.
    Electra’s ESG Policies will serve as the foundation for the development of the Company’s Sustainability Framework, establishing systems, goals, performance management and other processes that will allow Electra to de-risk the business and realize its value proposition while increasing shareholder value.
    Electra is formally adopting a zero-tolerance policy against Human Rights abuses, committing to annual supply chain audits in compliance with the Responsible Mining Initiative (RMI) Standards.
    Electra is pledging to net-zero direct and indirect greenhouse gas emissions by 2050. A clear roadmap for achieving these goals is expected in 2023.
    Consistent with the Company’s Whistleblower Policy, Core Values and Sustainability Framework, Electra is launching a Whistleblower channel, allowing stakeholders to alert about suspicions of misconduct in a confidential way. Concerns can be brought forward anonymously and cases will be investigated until a resolution is reached.
    “Electra is committed to state-of-the-art ESG frameworks and practices,” said Renata Cardoso, Vice President, Sustainability and Low Carbon. “The development and approval of these policies represent a major milestone for Electra. With policies and frameworks now in place, we can turn our focus to providing training to our employees, engaging with our supply chain and working on our management systems to track performance in accordance with industry standards.”

    Sustainability Framework
    Electra has established a comprehensive sustainability framework, which informs how the Company will establish policies, guidelines, goals and management systems. This framework is aligned with Electra’s Core Values, as well as with international guidance and standards.

    The Whistleblower channel is an integral part of Electra’s grievance mechanism and enables the implementation of the Company’s Whistleblower Policy and all ESG related Policies. The channel is an important platform to build trust and promote dialogue in the communities in which Electra operates. Electra’s goal is to pursue continuous improvement of its sustainability performance, achievable through transparency and compliance with international assurance standards.

    To access the Company’s ESG Policies, Whistleblowing channel and to learn about our commitments and processes, visit electrabmc.com/esg/.
  9. forum rang 9 nine_inch_nerd 31 mei 2022 16:27
    Sayona Mining Limited : ELECTRIC ROYALTIES PROVIDES DEVELOPMENT UPDATE ON ROYALTY PORTFOLIO
    Tue, May 31, 2022, 1:45 PM

    VANCOUVER, BC, May 31, 2022 /CNW/ - Electric Royalties Ltd. (TSXV: ELEC) (OTCQB: ELECF) ("Electric Royalties" or the "Company") is pleased to announce that Sayona Mining Limited (ASX: SYA) has completed a A$190 million institutional placement to fund the restart of spodumene concentrate production at Sayona's North American Lithium ("NAL") operation in Québec, Canada (Sayona 75%; Piedmont Lithium 25%) and broader development initiatives, including A$35 million earmarked for Authier development activities. For further details, see Sayona Mining's press release on May 27, 2022.

    As part of its plans to create a lithium mining hub in the Abitibi region of Québec, Sayona aims to restore operations at NAL and integrate it with its wholly owned Authier Project. The restart of the NAL operation would allow Sayona to launch production ahead of other North American projects.

    Brendan Yurik, CEO of Electric Royalties, commented: "We welcome this news by Sayona and the A$35 million plan to advance the Authier Project – our 0.5% gross revenue royalty asset – funded at no cost to Electric Royalties. We are pleased with the announced development of one of the leading lithium resource bases in North America, amid growing demand from the electrification of the world's auto fleet."

    About Electric Royalties Ltd.

    Electric Royalties is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.

    Electric vehicle sales, battery production capacity and renewable energy generation are slated to increase significantly over the next several years and with it, the demand for these targeted commodities. This creates a unique opportunity to invest in and acquire royalties over the mines and projects that will supply the materials needed to fuel the electric revolution.

    Electric Royalties has a growing portfolio of 19 royalties, including one royalty that currently generates revenue. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure over the next several decades towards a decarbonized global economy.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor any other regulatory body or securities exchange platform, accepts responsibility for the adequacy or accuracy of this release.

    Cautionary Statements Regarding Forward-Looking Information and Other Company Information

    This news release includes forward-looking information and forward-looking statements (collectively, "forward-looking information") with respect to the Company within the meaning of Canadian securities laws. This news release includes information regarding other companies and projects owned by such other companies in which the Company holds a royalty interest, based on previously disclosed public information disclosed by those companies and the Company is not responsible for the accuracy of that information, and that all information provided herein is subject to this Cautionary Statement Regarding Forward-Looking Information and Other Company Information. Forward looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. This information represents predictions and actual events or results may differ materially. Forward-looking information may relate to the Company's future outlook and anticipated events and may include statements regarding the financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends and growth opportunities of the Company and the projects in which it holds royalty interests.

    While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or these projects to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving the renewable energy industry; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the mining industry generally, the Covid-19 pandemic, recent market volatility, income tax and regulatory matters; the ability of the Company or the owners of these projects to implement their business strategies including expansion plans; competition; currency and interest rate fluctuations, and the other risks.

    The reader is referred to the Company's most recent filings on SEDAR as well as other information filed with the OTC Markets for a more complete discussion of all applicable risk factors and their potential effects, copies of which may be accessed through the Company's profile page at and at otcmarkets.com.

    SOURCE Electric Royalties Ltd.
  10. forum rang 8 Lepre Chaun 1 juni 2022 08:46
    Eye on Lithium: Canaccord mining analyst disagrees with Goldman Sachs — ‘lithium supply always disappoints’

    This is not the case, according to Cannacord mining analyst Reg Spencer.

    “That oversupply in the market that Goldman Sachs is referring to is in lithium production from China lepidolite sources which is lower grade, difficult to process and more expensive to process in comparison to spodumene,” he said.

    “I’ve been covering this sector for seven years and I can tell you supply always disappoints, especially from unconventional sources such as lepidolite that Goldman Sachs is referring to in their research report.

    “Lithium projects are always behind schedule, always, and to say that the world’s supply issues are going to be resolved in three years from unconventional resources, which means higher costs to produce and extract…I think is wrong.

    stockhead.com.au/resources/eye-on-lit...
988 Posts
Pagina: «« 1 ... 28 29 30 31 32 ... 50 »» | Laatste |Omhoog ↑

Meedoen aan de discussie?

Word nu gratis lid of log in met je emailadres en wachtwoord.