Le lithium, le prix en baisse aprés la flambée.

[energy_isere]

suite de ce post du 27 dec 2020 http://www.oleocene.org/phpBB3/viewtopi ... 7#p2314247

San José lithium project secures €18.8m grant from Spanish government

By NS Energy Staff Writer 13 Nov 2023

Expected to have a 26-year production life, the Spanish project is estimated to yield nearly 33,000 metric tons per annum of lithium hydroxide monohydrate
..........................

https://www.nsenergybusiness.com/news/s ... overnment/

The San Jose Lithium mining project is a brownfield project located in Extremadura, an autonomous community of Spain. The mine is located close to the town of Caceres.

It is being developed by Tecnología Extremeña Del Lito (TEL), a joint venture between Infinity Lithium (75%) and Valorzia Mineria (25%).

The project is expected to produce 525,000 tonnes per annum (tpa) of concentrate, including 16,500 tonnes per annum (tpa) of battery-grade lithium hydroxide.

It is envisaged to cost $309m (£252.82m) to develop and is estimated to have a life of mine (LOM) of 30 years including 19 years of mining.

https://www.nsenergybusiness.com/projec ... m-project/

[energy_isere]

ExxonMobil unveils plans to become lithium supplier by 2030

By NS Energy Staff Writer 14 Nov 2023

The company aims to start lithium production in 2027 and by 2030 generate an output sufficient to meet the manufacturing demands for well over a million electric vehicles (EVs) annually


Exxon Mobil has unveiled its strategy to emerge as a prominent lithium producer, a crucial element in electric vehicle (EV) batteries. The initial phase of North America lithium production is underway in southwest Arkansas, renowned for its substantial lithium reservoirs. This innovative product will be introduced under the name Mobil Lithium, leveraging the extensive technical collaboration legacy between Mobil and the automotive sector.

ExxonMobil Low Carbon Solutions president Dan Ammann said: “Lithium is essential to the energy transition, and ExxonMobil has a leading role to play in paving the way for electrification.

“This landmark project applies decades of ExxonMobil expertise to unlock vast supplies of North American lithium with far fewer environmental impacts than traditional mining operations.”

In the beginning of 2023, ExxonMobil secured the rights to 120,000 gross acres of the Smackover formation in southern Arkansas. This area is recognised as one of the most abundant lithium resources of its kind in North America.

Situated in a region with a historical legacy in oil and natural gas production, southwest Arkansas boasts well-understood geological characteristics. ExxonMobil is collaborating with local and state authorities to facilitate the successful expansion of Arkansas’ emerging lithium industry.

Employing conventional oil and gas drilling techniques to access lithium-rich saltwater from reservoirs approximately 10,000ft underground, ExxonMobil will employ direct lithium extraction (DLE) technology to separate lithium from the saltwater. Subsequently, the lithium will undergo onsite conversion to battery-grade material. The residual saltwater will be reintroduced into the underground reservoirs. The DLE process yields fewer carbon emissions compared to hard rock mining and demands significantly less land.

Lithium plays a vital role in the manufacturing of lithium-ion batteries, crucial components utilised in electric vehicles, consumer electronics, energy storage systems, and various clean energy technologies. The projected surge in demand for lithium is substantial, with expectations of a quadruple increase by 2030. Notably, the majority of current lithium production occurs outside of North America.

The company has set its sights on initiating its inaugural lithium production in 2027 and is actively exploring expansion possibilities on a global scale. By the year 2030, ExxonMobil‘s objective is to generate a lithium output sufficient to meet the manufacturing demands for well over a million electric vehicles (EVs) annually. Ongoing discussions with potential customers, including EV and battery manufacturers, are integral to this strategic initiative.

https://www.nsenergybusiness.com/news/e ... -supplier/

[energy_isere]

Du Lithium découvert en Bosnie.

Swiss-based ARCORE finds rich lithium deposit in Bosnia

Reuters | November 17, 2023

Swiss miner ARCORE said on Friday its exploration in eastern Bosnia had found mineral deposit rich in lithium carbonate, magnesium and other minerals that are in demand in Europe.


The company said it has a strategic partnership with Canadian-German company Rock Tech Lithium to secure a reliable and long-term supply of lithium products from the Lopare mine to Rock Tech Lithium´s European converter operations.


“ARCORE is confident that it will be able to mine the raw materials in an environmentally and socially responsible manner from the end of 2026,” it said in a statement.

“The Lopare project has the potential to become one of the largest mines of its kind in Europe,” it added.

The company said that after working with local and international authorities and mining and sustainability experts, it had completed the exploration that lasted since acquiring the licence in 2018.

It plans now to apply for a concession to mine the deposit, foreseeing investment of several hundred million euros over the next few years, it said.

The deposit, located about 140 km north of the Bosnian capital Sarajevo, in the country´s autonomous Serb Republic, was scientifically estimated and confirmed by expert reports in 2022, and also by the regional mining and energy ministry this year, the company said.

It said that several European raw materials institutes and the European Lithium Institute (eLi) supported the project, as well as the German Mineral Resources Agency (DERA).

ARCORE said that international estimates and technological tests showed the total mineral resource base of the Lopare project at 1.5 million metric tons of lithium carbonate equivalent, 14 million tonnes of boric acid, 35 million tons of potash and 94 million tons of magnesium sulphate.

It said that its partnership with Rock Tech Lithium will be an important building block in the development of a regional and domestic value chain for electric vehicle batteries in Europe.

It also said that it will use the latest technology and the highest safety standards to minimize the environmental impact on air, soil and water.

People living in the region of Lopare deposit are suspicious of the project after protests just across the border in Serbia succeeded in 2022 on environmental grounds to revoke the licence granted to Rio Tinto for the Jadar lithium project.

https://www.mining.com/web/swiss-based- ... in-bosnia/

[energy_isere]

Fusion à 10 milliards de dollars dans le Lithium.

Allkem-Livent merger gets regulatory approvals before shareholder vote

Reuters | November 14, 2023

Lithium miner Livent said on Tuesday its proposed $10.6 billion merger with Australia’s Allkem had received all the required pre-closing regulatory approvals.


The deal is expected to close by Jan. 4 if Allkem shareholders vote in its favor at a Dec. 19 meeting.

The new company, to be called Arcadium Lithium, will be the world’s third-biggest producer of the key metal used in electric vehicle batteries, behind US-based Albemarle and Chile’s SQM.

Under the deal, Allkem shareholders will get one share in Arcadium Lithium for each of their shares and the company will ultimately own 56% of the new firm.

Livent shareholders will get 2.406 shares in the new firm for each existing share, with Livent CEO Paul Graves taking the top job.

While a basket of prices for lithium has dropped more than 60% this year, the world’s largest lithium producers say they remain bullish on long-term demand for the battery material.

https://www.mining.com/web/allkem-liven ... lder-vote/

[energy_isere]

suite de ce post du 25 aout 2020 http://www.oleocene.org/phpBB3/viewtopi ... 7#p2307927

UK geothermal developer seeks £600mn to expand into lithium in Cornwall
GEL joins race to cash in on region’s mining revival

The developer set to launch the UK’s first ever geothermal electricity plant — a new form of clean energy — in Cornwall is also planning to extract lithium as the race to cash in on the region’s mining revival gathers pace.

Geothermal Engineering Ltd (GEL) is seeking to raise £600mn to build multiple sites and diversify into lithium — a metal vital for electrification — by 2030.

In an initial round, it aims to raise debt and equity between £100-200mn to produce at least 1,000 tonnes of lithium at its flagship United Downs site in Cornwall, which it has already secured financing to produce geothermal power.

It will also use the money to produce geothermal power at two more locations in Cornwall.

The geothermal electricity will be produced by using hot water from deep underground to create steam that drives a turbine, creating clean power.

GEL joins a race with Cornish Lithium, Imerys British Lithium and others to revive Cornwall’s mining heritage as it hopes to capitalise on the shift to electric vehicles and clean power.

The group has hired Nomura Greentech as advisers to lead the fundraising, which forms the first step in the Cornish company’s aim to raise £600mn to develop a total of five geothermal power plants by 2030.

This would provide a total capacity of 25 megawatts of electricity, 100 megawatt of heat and 12,000 tonnes of lithium — enough heat and power for 70,000 homes and 250,000 electric cars.

“We’re out raising money right now,” said Ryan Law, founder and chief executive of GEL. “Power is our fundamental business and lithium is great to add in the process.”

The fundraising drive comes as the UK is starting to turn to geothermal power as a source of stable, around-the-clock power with very low carbon emissions.

Three of GEL’s developments became the first ever geothermal projects to be selected to receive contractual promises of guaranteed fixed prices for electricity produced in the government’s latest subsidy auction in September, which had no bids from offshore wind producers.

The huge challenge for geothermal power — and producing lithium as a byproduct — is the massive expense of drilling so deep compared with other sources of power.

GEL is racing to deliver electric power to the grid by the fourth quarter of 2024, which would make it the first in the UK to do so. Geothermal power has only provided heating so far in the UK.

Southampton started a district heating system in the 1980s, while the Eden Project, a visitor attraction and eco-park in Cornwall, switched on a geothermal heating system for its greenhouses in June.

However, the technology currently delivers less than 0.3 per cent of the UK’s annual heat demand, according to a UK parliamentary report published in April last year.

The company aims to produce about 100 tonnes per year of lithium in late 2024, rising to 1,000 tonnes as early as 2026. The UK is estimated to need 80,000 tonnes of lithium by 2030 to support an electric car industry.

It has discovered concentrations of lithium at 340 parts per million — a pittance compared with roughly 1,500 in the world’s best brines for lithium in Chile’s Salar de Atacama but among the best in Europe.

But there are concerns about the low and variable rate at which the brine flows, a critical measure for power generation and lithium production, as well as the feasibility of extracting lithium when brines that come from so deep are extremely hot.

Law said that the company was studying whether to source its technology to extract the lithium from the brine from Koch Industries, the second largest privately held US company, or from Puritech, the Belgium subsidiary of China’s Sunresin.

https://www.ft.com/content/8f4387b9-ec8 ... 18a9562315

[energy_isere]

Mine de lithium dans l’Allier : où en est-on un an après l’annonce ?

Ouest France 22 nov 2023

En octobre 2022, le groupe Imerys a annoncé la mise en exploitation d’un gisement de lithium sur le site de Beauvoir dans l’Allier. Depuis, les étapes sont franchies une à une. Mais localement, plusieurs associations s’opposent au projet.

L’annonce avait fait l’objet d’une importante médiatisation et suscité un certain émoi dans le territoire. Afin de devenir un acteur européen majeur du secteur, le groupe Imerys va exploiter un gisement de lithium dans l’Allier. L’ambition serait d’équiper les batteries de 700 000 véhicules chaque année en produisant 34 000 tonnes d’hydroxyde de lithium par an.

L’effervescence de la communication retombée depuis quelques mois. Alan Parte, vice-président en charge des projets lithium pour Imerys l’assure : le calendrier global n’a pas changé pour ce projet d’exploitation sur le site de Beauvoir : « Nous sommes toujours sur une ambition à horizon 2028. Depuis un an, on sent que le marché est toujours autant en besoin de lithium. On voit aussi que, finalement, le marché est d’autant plus dynamique que l’adoption des véhicules électriques se passe plus rapidement que prévu. »

Et si l’échéance paraît lointaine, plusieurs phases de préparation ont déjà été réalisées. « On a avancé sur beaucoup d’aspects du projet. D’abord sur le gisement car tout part de là. On a continué à mener nos campagnes de sondages plus approfondies pour explorer la taille du gisement et sa structure. Toutes les nouvelles de ce côté-là sont très bonnes. Il s’agit d’un gisement assez unique en Europe. À la fois par sa taille, sa concentration et sa structure. »

Alan Parte annonce la création de près de 600 emplois directs, mais aborde également l’un des sujets sensibles : la consommation d’eau pour l’exploitation. « On a aussi affiné nos besoins qui sont dans des ordres de grandeur tout à fait classiques pour l’industrie en France, et sensiblement plus bas que d’autres projets de lithium dans le monde comme notamment en Amérique du Sud avec une consommation entre 5 et 15 fois moins. Nous essayons de minimiser l’utilisation de l’eau avec des solutions en boucle fermée dans notre procédé qui permettent un recyclage maximum. L’impact sur l’environnement local est également limité. Si on prend la rivière avoisinante de la Sioule comme exemple, nous serions à environ un millième de son débit moyen. »

Autour d’Échassières, commune où est localisé le site de Beauvoir, les arguments avancés par Imerys ne rassurent pas les opposants au projet. Bien au contraire. S’ils ont pris le temps de se structurer, ils comptent bien se faire entendre. « Il y a eu un moment de latence entre l’annonce médiatique et la parole des contestations locales. Le projet était tellement inattendu qu’il a fallu se trouver, savoir comment fonctionner mais aussi en apprendre plus sur le sujet », explique Cécile, de l’association « Préservons la forêt des Colettes ». Une association constituée quelques années auparavant pour s’opposer à un projet d’éoliennes qui n’avait finalement pas abouti. Selon ses membres, aucun consensus n’est possible : le projet de mine doit être annulé pour diverses raisons environnementales : « Rien que le processus d’extraction est nocif. On va artificialiser des zones, densifier le trafic, couper des arbres, créer des parcs à résidus à l’air libre… Sans oublier tous les intrants avec les produits chimiques qui vont arriver par camions. Il va y avoir beaucoup d’impacts pour la population. »

Même avis du côté de Pascale, soucieuse de préserver la faune et la flore. « On savait qu’il y avait du lithium, mais de là à l’exploiter… L’annonce a été brutale, sans en parler auparavant à la population locale. Ils considèrent que la forêt des Colettes s’arrête jute à un endroit alors que c’est tout le massif, plus de 2 000 hectares. Il y a une zone Natura 2000 qui est à 100 mètres du projet. Il y aura forcément des impacts sur la forêt avec le bruit, les vibrations… Et l’eau ? Il n’y en a presque plus dans la Sioule d’avril à novembre ! »

Opposition catégorique

Autre association à rejeter l’extraction de lithium : l’explicitement nommée Stop Mines 03. Pour Benoît, membre actif, l’apport pour le territoire local et national ne serait pas justifiable. « Notre axe de communication, c’est lithium ni ici ni ailleurs. Passer des voitures thermiques aux voitures électriques, ce n’est pas une solution à long terme. Et, ici, il faut relativiser l’argument massue des emplois. Le nombre est à géométrie variable avec des profils bien particuliers. La plus grande partie du processus va être mécanisée. Et, pour le tourisme, je ne suis pas certain que l’impact soit positif. »

Désormais bien mis en place, ces collectifs veulent s’appuyer sur différents leviers pour faire renoncer Imerys. « On sensibilise les habitants du territoire et on essaye d’approcher nos élus. Il pourra ensuite y avoir un volet juridique. Quand les dossiers d’Imerys seront déposés, on les analysera », détaille Cécile. De son côté, le groupe français assure qu’il « y aura un débat public courant 2024 pour échanger sur le projet. »

De notre correspondant, Alix VERMANDE

https://www.msn.com/fr-fr/actualite/oth ... fcc&ei=141

[energy_isere]

Ghana : Atlantic publiera début 2024 une étude sur la potentielle usine locale de traitement du lithium d’Ewoyaa

Agence Ecofin 22 novembre 2023

Le Ghana veut transformer localement les minéraux de son sous-sol essentiels à la transition énergétique, afin d’engranger des revenus au-delà de l’exploitation minière. Le gouvernement compte donc beaucoup sur la première mine de lithium du pays, pilotée par l’australien Atlantic Lithium.

Au Ghana, la société d’ingénierie Mincore mène depuis septembre une étude exploratoire sur la viabilité économique et les avantages d’une usine locale destinée à traiter le concentré de spodumène de la future mine de lithium Ewoyaa. Dans un communiqué publié le 22 novembre, Atlantic Lithium, propriétaire du projet, a indiqué que les résultats seront disponibles au premier trimestre 2024.

Ce projet bénéficie, apprend-on, de diverses incitations offertes par le gouvernement ghanéen pour sa mise en œuvre. En cas de résultats positifs, Atlantic Lithium construira donc une usine de transformation de lithium au Ghana, soutenant l’ambition des autorités de mieux se positionner sur la chaine de valeur des métaux liés à la transition énergétique. En juin dernier, le ministre des Terres et des Ressources naturelles Samuel Jinapor assurait en effet que le pays n’exporterait pas les « minéraux verts à l'état brut ».

Pour rappel, le projet Ewoyaa, pour lequel Atlantic Lithium a obtenu en octobre dernier un permis d’exploitation minière, peut générer 6,6 milliards $ de revenus en 12 ans. Notons que l’étude de faisabilité qui donne ces chiffres porte sur la production de concentré de spodumène de 3,6 millions de tonnes et ne tient pas compte des retombées financières d’une transformation locale.

https://www.agenceecofin.com/metaux/221 ... m-d-ewoyaa

[energy_isere]

Lithium refining firm Stardust Power to go public in $490m deal

By NS Energy Staff Writer 22 Nov 2023

Based in the US, Stardust Power is a development stage manufacturer of battery-grade lithium products, which is developing a battery-grade lithium refining facility in Oklahoma


Stardust Power is planning to build a lithium refinery in the US. (Credit: Business Wire/Stardust Power)

Stardust Power has agreed to merge with Global Partner Acquisition Corp. II (GPAC II), a publicly traded special purpose acquisition company (SPAC), in a deal that values the combined entity at $490m.

Based in the US, Stardust Power is a development stage manufacturer of battery-grade lithium products.

The firm is developing a central battery-grade lithium refining facility in Greater Tulsa, Oklahoma. The facility has been designed to produce 50,000 metric tonnes of lithium per annum.

Besides, the proposed Oklahoma refinery will support the expansion of domestic manufacturing and help the US in securing energy independence by reducing the dependance on foreign sources of materials in the electric vehicle (EV) supply chain.

The company aims to begin the construction of the facility in 2024, with production to commence in late-2025.

Stardust Power CEO Roshan Pujari said: “Stardust Power aims to solve one of the largest challenges of the energy transition – reliable access to the critical minerals that will make the transition a reality.

“Refined lithium is the key component in the lithium-ion batteries which make the proliferation of EVs, and decarbonisation of transportation, possible. Domestic production of battery-grade lithium is also a crucial factor to American national security and leadership in the energy transition, which Stardust Power is working to address.”

The existing owners and management of Stardust Power will roll 100% of their interests in the company into the combined entity.

Following the closing of the deal with the SPAC, the lithium products manufacturer will become a public company and will be listed on Nasdaq.

https://www.nsenergybusiness.com/news/l ... 490m-deal/

[energy_isere]

suite de ce post du 5 fevrier 2023 http://www.oleocene.org/phpBB3/viewtopi ... 7#p2362257

Anson begins demo plant construction at US lithium project
The company has secured the relevant approvals for the demo site and groundwork has already started.

November 24, 2023

ASX-listed mineral resources company Anson Resources has started construction on the demonstration plant at its Green River lithium project in the US.

This demonstration plant’s construction is considered to be the next major step in Anson’s plan to expedite the development of the Green River project.

The company also noted that it secured the relevant approvals for the demo site and has already started the groundwork. The site will begin production next January.

This follows the detailed geotechnical engineering study of the project, which began in May 2023.

The plant is being built on the company’s previously acquired industrial-use land.

Once completed, it is expected to produce lithium carbonate (Li₂CO₃), which will be used by original equipment manufacturers (OEMs) and other potential offtake partners.

Anson stated that it will continue to concentrate on replicating the direct lithium extraction (DLE) process used at its lithium innovation centre (LIC) in Florida.

This site has started sample production for OEMs along with cathode active material (CAM) qualification test work.

DLE is the first step in the lithium carbonate production process. A small DLE pilot plant included testing both adsorption and desorption processes.

During the test, the amount of lithium adsorption over other elements in a resin was tested. The data was collected from each step of lithium extraction and purification through to the final product.

Once the demo plant is built, the information collected from the test will be used for refining the efficiency of the lithium carbonate production process.

The data from the LIC plant in Florida is also claimed to have helped in understanding the production process.

This information has been used for the demo plant’s design, which is expected to produce additional samples using the same process from fresh brine.

The company also plans to replicate the equipment in use at the LIC Florida plant.

Located 50km from Anson’s Paradox lithium project, the Green River project is a strategic addition to Anson’s lithium asset portfolio in Utah.

The project has a total of 1,251 placer claims spread over an area of about 106.2km². It claims to have a substantial exploration target of 2-2.6 billion tonnes of brine with a grading between 100ppm [parts per million] and 150ppm of lithium and between 2,000ppm and 3,000ppm of Bromine.

https://www.mining-technology.com/news/ ... n/?cf-view

[energy_isere]

Le prix du Lithium en baisse.

Lithium price rout deepens with battery metal now down 75% this year

Bloomberg News | November 23, 2023

Lithium extended an almost monthlong run of declines, taking its drop this year to 75%, with expectations the rout in the electric-vehicle battery metal is far from over.

Chinese prices of lithium carbonate, a semi-processed form of the metal, fell 2.3% on Thursday, and are down 20% so far this month. The last time they posted a daily gain was on Oct. 25. Spodumene, the lithium-bearing rock mined in Australia, has more than halved in 2023.



A supply glut has pushed down prices in 2023, after they surged in the previous couple of years. The global lithium market won’t return to deficit until 2028, according to forecasts from industry consultancy Benchmark Mineral Intelligence. Elevated interest rates are also leading to uncertainty over global EV demand, with some automakers rethinking their strategies.

“With lithium supply growing more next year, we are likely going to see prices falling further,” said Allan Ray Restauro, analyst at BloombergNEF. “On the demand side, some regional differences on EV sales have been dragging sentiment down around the industry.”

SQM, the world’s No. 2 lithium producer, warned investors last week the downward price trend could continue for the rest of the year. Albemarle Corp., the biggest miner, said earlier this month that some producers have started to rein in operations as prices fall below reinvestment economics.

https://www.mining.com/web/lithium-pric ... this-year/

[GillesH38]

mince les gens n'achètent pas assez de VE ...

[energy_isere]

suite de ce post du 18 juin 2023 http://www.oleocene.org/phpBB3/viewtopi ... 7#p2371757

Annonce d'une augmentation de la ressource en Lithium au projet Kachi en Argentine :

Lithium developer Lake Resources has announced a substantial increase in the resource estimate for its flagship Kachi project, in Argentina.

Measured and indicated resources have increased from 2.9-million tonnes to 7.3-million tonnes of lithium-carbonate equivalent (LCE) defined to a depth of 600 m over 143.8 km2.

22nd November 2023

The updated total resource estimate exceeds 10.6-million tonnes of LCE.

The resource update, announced on Tuesday, will be used in the hydrogeologic model for the forthcoming maiden reserve estimate and will be the basis for the project Phase 1 definitive feasibility study (DFS), expected in December.


“Our expansive hydrogeological characterization programme over the last year-and-a-half has led to significant improvements in our understanding of the geology, hydrogeology and geochemistry of the Carachi Pampa basin,” said geology and hydrogeology director Michael Gabora.

The resource update incorporates the vertically expansive lithium intersects of the last six months and includes exceptional lithology and lithium concentrations intersected at K24D41.

The footprint of the lithium brine extent has been growing dramatically to the north, south and, most important, vertically.

The consistency of the lithium concentration and brine chemistry in the new step-out holes demonstrates how well the brine has circulated and mixed within the basin.

The new results build on the strong track record of continued resource growth since the maiden resource estimate first announced in November 2018.

“Our improved hydrogeologic understanding of the system will allow us to develop an optimal extraction and recovery strategy to allow for responsible development of clean lithium in the basin while minimizing the consumption of water and related hydrologic impacts,” Gabora said.

https://www.miningweekly.com/article/la ... 2023-11-22

[energy_isere]

suite de ce post du 27 aout 2023 http://www.oleocene.org/phpBB3/viewtopi ... 1#p2375821

Patriot makes new discovery at Corvette

2nd November 2023

ASX-V- and ASX-listed Patriot Battery Metals on Wednesday announced a new discovery at the Corvette property, hitting about 100 m of near-continuous-bearing pegmatite at CV9.

The CV9 spodumene pegmatite is located about 14 km west of the CV5 spodumene pegmatite, which hosts a maiden mineral resource estimate of 109.2-million tonnes at 1.42% lithium oxide.


A total of 18 holes, for about 4 000 m of coring, were completed in the inaugural programme at CV9. Hole CV23-345 yielded the 100 m near-continuous spodumene-bearing pegmatite and three other drill holes returned continuous pegmatite intersections of more than 60 m.

“This is a very strong start to the drill exploration at the CV9 pegmatite. Although no core assays have been received yet, the presence of spodumene and the length of pegmatite encountered in multiple holes, highlighted by an approximate 100 m near-continuous spodumene-bearing hit in the final hole of the programme, are very positive in terms of potential of this pegmatite to hold significant scale,” said exploration VP Darren Smith.

The CV lithium trend is an emerging spodumene pegmatite district discovered by the company in 2017 and is interpreted to span more than 50 km across the Corvette property, in the Eeyou Istchee James Bay region of Quebec.

To date, seven distinct clusters of lithium pegmatite have been discovered across the Corvette property – CV4, CV5, CV8, CV9, CV10, CV12 and CV13.

https://www.miningweekly.com/article/pa ... 2023-11-22

[energy_isere]

Un prospect de Lithium de roches pegmatites en Suède :

Pure Resources shares rocket on Sweden lithium results

21st November 2023

The share price of ASX-listed junior Pure Resources surged 41% on Tuesday, as the company announced early results from outrcrop mapping and sampling completed at the Järkvissle project, in Sweden.

Chairperson Patric Glovac commented that early results indicated a highly prospective area for the discovery of LCT pegmatites.

The reconnaissance mapping discovered the extensive presence of highly fractionated muscovite-rich pegmatites with LIBS analysis successfully conforming the presence of pathfinder minerals triphylite-lithiophilite, cassiterite and potentially zinnwaldite.

“With the identification common pathfinder elements and highly elevated lithium in mica contents, we are confident that with further work there is potentially an exciting discovery in front of us,” he said.


A peak LIBS assay from a triphylite-lithiophilite sample returned a result of 11.69% lithium. Together, with the observed high to very-high rubidium content in K-feldspar and muscovite as well as of several occurrences of pathfinder minerals, the company is excited by the discovery potential of the Järkvissle reservation.

Glovac said that Pure looked forward to planning and executing the next phases of exploration in search for Scandinavia’s next spodumene discovery.

https://www.miningweekly.com/article/pu ... 2023-11-21

[energy_isere]

en relation avec ce post du 5 mars 2023 http://www.oleocene.org/phpBB3/viewtopi ... 2#p2364052
ou il était question de American Battery Technology

dans le meme secteur du Nevada un projet voisin avec Pan American Energy :

Pan American finds large-scale lithium resource in Nevada

20th November 2023

Exploration stage company Pan American Energy on Monday announced its inaugural mineral resource estimate (MRE) on the Horizon lithium project, in Big Smoky Valley, Nevada.

The CSE-listed company stated that Horizon was “one of the largest identified lithium deposits” in the US, with an estimated indicated mineral resource of 372.85-million tonnes at an average grade of 669 ppm for 1.33-million tonnes of lithium carbonate equivalent (LCE) and inferred resources of 2.45-million tonnes at an average grade of 680 ppm for 8.88-million tonnes of LCE.

Pan American, which acquired the rights to the project through a property option agreement, is working on a preliminary economic assessment for the project, and expects the study to be completed by late next year.

The project sits immediately adjacent to American Battery Technology’s Tonopah Flats project, with an MRE of 15.8-million tonnes of inferred LCE mineral resources.

“The past ‎year has been an impressive demonstration of how quickly our team has been able to meet operational objectives. Within less than a year, our drilling efforts led to a tremendous discovery of a cluster of lithium mineralisation and the inaugural MRE on the project – one of the largest in the United States. I commend our team and contractors,” said CEO Jason Latkowcer.

He stated that Pan American’s execution strategy was to advance ‎the project through engineering as quickly as possible, while ‎concurrently working to expand and upgrade the mineral resources at the project.

The company would also consider prospective acquisition targets in the area in order to enhance its land package, Latkowcer stated.

https://www.miningweekly.com/article/pa ... 2023-11-20

et

Pan American Energy Corp Announces One of the Largest Identified Lithium Deposits in the US at the Horizon Lithium Project

CALGARY, Alberta, Nov. 20, 2023 (GLOBE NEWSWIRE)

Pan American Energy Corp. (CSE:PNRG) (OTC PINK: PAANF) (FRA: SS60) ("PanAmerican" or the "Company") is pleased to announce its inaugural mineral resource estimate ("MRE") on its Horizon Lithium Project (the "Project") in Big Smoky Valley, Esmeralda County, Nevada. The MRE was completed pursuant to the requirements of National Instrument 43-101 – ‎Standards of Disclosure for Mineral Projects (“NI 43-101”). The Horizon Lithium Project is one of the largest ‎land packages in the Tonopah Lithium Belt, encompassing 839 unpatented lode claims covering ‎approximately 17,334 acres. Pan American holds its interest in the Project pursuant to a property option agreement (the “Property Option ‎Agreement”) entered into with the owner of the Project, Horizon Lithium LLC, which allows Pan ‎American to explore the Project and to earn a 100% interest in the Project by making certain ‎cash payments and share issuances to Horizon Lithium LLC.‎

The MRE was completed by RESPEC, LLC (“RESPEC”), a leader in lithium claystone resource ‎estimations and engineering design work, utilizing the results of the Company’s 20-hole ‎exploratory drill program, which had totalled approximately 4,371.6 metres.‎ RESPEC has also been engaged to prepare a technical report on the Project containing the full results of the Company’s drill program and the MRE (the “Technical Report”). Pursuant to NI 43-101, the Company will file the Technical Report within 45 days of the date hereof on the Company’s SEDAR+ profile at www.sedarplus.ca.

Highlights

One of the largest identified lithium deposits in the U.S. with an estimated Indicated Mineral Resource of 1,325 Lithium Carbonate Equivalent (“LCE”) Kilo tonnes (“KTonnes”) and Inferred Mineral Resource of 8,879 LCE KTonnes, with an average grade of 678 ppm lithium (“Li”) (see table below for additional details regarding the calculation of the MRE and the average Li grades for the Inferred Mineral Resources and Indicated Mineral Resources).
High-Grade Mineral Resources. Estimates were calculated based on a conservative 300 ppm Li cut-off within an optimized pit.
Rapid advancement in a short timeframe. The MRE is based on 20 diamond drill holes completed in 2023, within a year of the Company acquiring rights to the Project pursuant to the Property Option Agreement. One hole was abandoned due to hole conditions and was not used in the MRE.
Significant expansion potential through step-out drilling to extend the deposit to the North West, South, East and West and at greater depths. The Company is actively evaluating geophysical exploration techniques and Phase 3 drill planning.
Accelerated project engineering. The work necessary to complete a Preliminary Economic Assessment (“PEA”) for the Project, including metallurgical assessment, is underway and expected to be completed in Q4-2024.
Access and infrastructure. The Project benefits from an ideal location near essential infrastructure and the town of Tonopah with limited impediments (i.e. no highway intersects impacting pit design).

The Project sits immediately adjacent to American Battery Technology’s (“ABTC”) Tonopah Flats project, with a mineral resource estimate of 15.8 million tonnes of Inferred LCE mineral resources[1]. The mineral resource estimate completed by ABTC for its Tonopah Flats project was also prepared by RESPEC and was completed in accordance with Securities and Exchange Commission Regulation S-K 1300.
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