Lithium carbonate is a lithium compound used in a range of industrial, technical and medical applications. As Rockwood Lithium notes, it is often “the first chemical in the production chain,” with other compounds such as lithium hydroxide being produced with subsequent steps if needed.
For this reason, investors will often see lithium production numbers broken down in terms of lithium carbonate equivalent. As with other lithium products, lithium carbonate may be produced from brines or from hard-rock deposits, although a few companies are also looking to develop clay-based lithium deposits.
For more information on lithium carbonate, see our overview of the mineral – What Is Lithium Carbonate?
Last week’s other top-gaining mining stocks on the TSX were Nautilus Minerals, Arizona Mining, Largo Resources and Coro Mining.
By Melissa Shaw
Last week’s other top-gaining TSXV stocks were Trigon Metals, Sama Resources, First Point Minerals and Newrange Gold.
Robert McAllister, chief executive of Enertopia Corp (CNSX:TOP; OTCQB:ENRT)runs Proactive’s Andrew Scott through results they’ve received back on four samples of lithium carbonate.
The samples – from Clayton Valley in Nevada, oil well waste water in mid-USA, and from salt flats in Argentina and Bolivia – were produced from Enertopia’s partner
Enertopia Corporation (CNSX:TOP; OTCQB:ENRT) (the “Company” or “Enertopia”) is pleased to announce the lithium carbonate purity results from Avomeen Analytical Services. The lithium carbonate (Li2Co3) purity rates were from 93.7% to 96.9% from the four samples provided.
“I am very pleased with the purity levels we were able to achieve in the
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce it has received independent laboratory-testing results from the Saskatchewan Research Council (“SRC”) on the Company’s patent-pending “Method for Extraction of Lithium from Salt Brine” (U.S. Provisional Patent #62/419,011).
Alset Energy Corp. (TSXV:ION) is pleased to announce that drilling has commenced on the La Salada salar in Zacatecas, Mexico. The exploration program includes two deep holes to test for brine horizons, sediment composition and depth to basement; followed by a shallow subsurface sampling program. Material from this work will
Noram Ventures Inc. (TSXV:NRM) (OTCBB:NRVTF:US) is pleased to announce that it has been made eligible for book-entry delivery and depository services of the Depository Trust Company (DTC) to facilitate electronic settlement and transfer of its common shares on the U.S. stock exchange OTC.
Nemaska Lithium Inc. (TSX:NMX,OTCQX:NMKEF) is pleased to announce the first shipment of lithium hydroxide solution (equivalent to 1.2 tonnes of lithium hydroxide monohydrate) is ready for delivery to a client for evaluation. The Phase 1 Plant is now in continuous production mode from lithium sulphate.
Plateau Uranium Inc. (TSXV:PLU), is pleased to announce the signing of a non- exclusive, non-binding, Letter of Intent (LOI) with a European-based commodity trading company representing the first potential sale of a portion of future production from the Company’s Macusani Plateau Uranium Project in southeastern Peru.
By Pia Rivera
Critical Elements (TSXV:CRE,OTCQX:CRECF,FRANKFURT:F12) is pleased to announce that it has retained the services of Outotec for the feasibility study on the conversion of spodumene into lithium carbonate.
Alset Energy Corp. (TSXV:ION) is pleased to announce that, subject to regulatory approval, it will accelerate the exercise of its earn in option to acquire the Mexican salar project. Alset and MKG Mining have agreed to amend the original agreement that would have taken a further 5 years for Alset
Millennial Lithium (TSXV:ML;OTCQB:MLNLF) is pleased to report favorable results from a geophysical survey at their Cauchari East Project in the Cauchari-Olaroz basin of Jujuy Province, Argentina. Results of the survey show continuity of known lithium-bearing brine aquifers into and likely throughout Millennial’s property. The 100% owned Cauchari East Project covers
Argosy Minerals Ltd. (ASX:AGY) announced that it has made further progress on Stage 1 development work aimed at producing a laboratory-scale quantity of lithium carbonate equivalent (LCE) product at its Argentina-based Rincon lithium joint venture.
Lithium Australia NL (ASX:LIT), Venus Metals and MRIWA extend to Phase 2 experimental test work Highlights
Phase 1 test work completed for MRIWA Project M479 and results incorporated into the Large Scale Pilot Plant design
Phase 2 test work commenced under the terms of the MRIWA grant
Further optimisations sole funded by Lithium
Hanwa will make a 10-percent equity investment in Bacanora and will purchase up to 100 percent of the lithium carbonate produced at the company’s Sonora project.
Bacanora Minerals Ltd. (TSXV:BCN,LSE:BCN) announced that it has entered into a strategic partnership with Japan’s Hanwa Co. Ltd., one of the larger traders of battery chemicals in the Asian region. Hanwa reported net sales of over 1,500 billion yen in 2016.
MGX Minerals (CSE:XMG) has provided a project development update for its Paradox basin petrolithium project.
The company has begun unitization of designated oil and gas leases and the staking of overlying mineral claims located contiguous to its Lisbon Valley mineral claims. The purpose of the unitization is to eliminate property boundaries,
Last week’s other top-gaining TSXV stocks were Arak Resources, Cameo Resources, Adex Mining and Rugby Mining.