Coniagas Battery Metals Identifies Cobalt-Copper Concentrates for Processing Using Re-2Ox

Coniagas Battery Metals Identifies Cobalt-Copper Concentrates for Processing Using Re-2Ox

 

(TheNewswire)

 
     
  Coniagas Battery Metals Inc. 
          
 

Vancouver, BC TheNewswire - August 6, 2024 - Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company") continues to expand its position as a potential critical player in the electric vehicle (EV) metals market by adding strategic sourcing and potential processing capabilities. The Company may position itself with a competitive advantage by integrating the Re-2Ox process as a toll operator.

 

  Coniagas has successfully identified potential monthly shipments of 200 to 500 tonnes of cobalt-copper concentrates from European warehouse operators, ensuring a reliable supply of high-quality raw materials. This complements the significant stockpiles in the Democratic Republic of Congo reported in    an earlier press release    , which total approximately 30 million tonnes with industry-leading grades ranging from 1% to 6.5% copper and from 0.05% to 4.5% cobalt. This expansionary approach underpins the Company's "Feed First" strategy, which prioritizes reliable, long-term metal sources to support continuous production and supply chain resilience.  

 

  Owing to the    persistent shortages of feed    in scaling up battery manufacturing capacity, the Company will continue sourcing EV Metal concentrates as potential feed for the Re-2Ox process to produce cobalt and nickel sulfates for EV batteries. Developed over six years at a cost of $8 million, the Re-2Ox process has been validated through extensive testing, including bench scales, two pilot plant studies, and a plant trial. This closed-loop, hydrometallurgical process, toll-operated by Coniagas, significantly reduces environmental impact and operational costs by allowing zero-discharge extraction and purification. Additionally, it offers the flexibility to customize metal outputs to specific client specifications, optimizing both production costs and process efficiency.  

 

  Due to the recent decline in Nickel Manganese Cobalt (NMC) battery prices,    falling below the critical $100 per kilowatt-hour threshold,    EVs can be priced at or below combustion cars in most vehicle segments, meaning the technology to decarbonize global road transport is here. It is the perfect time for Coniagas to capitalize on its strengths. The Company's strategic positioning and operational efficiencies allow it to offer potential competitive pricing and reliable supply to battery manufacturers, who are expanding production in response to growing consumer demand. By ensuring a cost-effective and steady supply of high-quality materials, Coniagas may be able to meet the increasing demand.  

 

  Further to this strategy, Coniagas is extending its potential production capabilities to include a wider array of Cathode Active Materials (CAM) and Precursor Cathode Active Materials (PCAM). This expansion is crucial for supplying manufacturer-specific high-purity nickel and cobalt sulfate essential for efficient battery manufacturing, aligning with global trends towards more sustainable and cost-effective EV production.  

 

  Coniagas is in the process of establishing a pilot plant production facility in Quebec upon completion of bench scale test work on Graal high-grade copper nickel drill core, leveraging collaborations with SGS Quebec and targeting funding from Investissement Québec. This facility is poised to become a cornerstone of Coniagas's growth strategy, enhancing its ability   to supply critical materials efficiently and sustainably to global markets. Coniagas has repeatedly shown a willingness to collaborate with different groups. The Company recently met with interests in Switzerland and Germany, to discuss the potential for a European pilot plant and production plants depending on European Union Funding programs.  

 

  Qualified Person  

 

  The technical information in this news release was reviewed and approved by Matthew Halliday, P.Geo., member of the Ordre des Géologues du Québec, who is a Qualified Person in accordance with National Instrument 43-101.  

 

  About Coniagas Battery Metals Inc.  

 

  Coniagas Battery Metals Inc. is   a Canadian junior mining company, focused on nickel, copper, cobalt, and platinum group metals in Québec. The company's strategy aims to generate shareholder value by developing its mineral assets and constructing an advanced processing plant, positioning Coniagas as a potential key supplier for the electric vehicle (EV) industry.  

 

  Graal Project: Strategic Resource Development  

 

  The 100%-owned Graal project near Saguenay, Quebec, has shown significant potential through extensive geophysical surveys and shallow drilling. It has identified high-grade nickel and copper mineralization, with showings of cobalt, platinum, and palladium. The confirmed 6 km strike length of the project supports plans for an open-pit mining operation. Upcoming activities include further drilling, metallurgical testing, and consultations with First Nations, culminating in a NI 43-101 resource report. The    NI 43-101 Technical Report Graal Nickel & Copper Project, Saguenay-Lac-St-Jean, Quebec, Canada    , dated January 17, 2024, provides detailed project information.  

 

  Long-Term Vision and Commercialization Strategy  

 

  Coniagas leverages proprietary technologies like the Re-2Ox hydrometallurgical process for the extraction and production of cleaner, low-carbon, battery-grade materials. This innovative process eliminates the need for traditional smelting, significantly reducing the environmental footprint. Combined with strategic projects such as Graal and CAM/pCAM production initiatives, Coniagas is positioning itself as a potential player in the future of the EV industry. For more information, visit the    Company's website    .  

 

  "Frank J. Basa"  

 

  Frank J. Basa, P. Eng., Professional Engineers Ontario  

 

  Chief Executive Officer  

 

  For further information, contact:  

 

  Frank J. Basa, P. Eng. Ontario  

 

  Chief Executive Officer  

 

  416-625-2342  

 

  or:  

 

  Wayne Cheveldayoff, Corporate Communications  

 

  P: 416-710-2410 E: waynecheveldayoff@gmail.com  

 

  You can follow Coniagas on Social Media:  

 

  LinkedIn:  

 

  X (Twitter):  

 

  Facebook:  

 

  Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 

  Caution Regarding Forward-Looking Statements  

 

  This news release may contain forward-looking statements regarding Coniagas Battery Metals Inc. ("Coniagas" or the "Company") which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address the private placement referred to above, resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. No assurance can be given that any of the foregoing will be achieved. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.  

 

Copyright (c) 2024 TheNewswire - All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

COS:CC
The Conversation (0)
Coniagas Exploration Plan: Defining New Drill Targets and Optimizing Infill Holes

Coniagas Exploration Plan: Defining New Drill Targets and Optimizing Infill Holes

 

(TheNewswire)

 
     
  Coniagas Battery Metals Inc. 
          
 

Vancouver, BC TheNewswire - March 11, 2025 Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), is working with Laurentia Exploration to fine tune the next drill program with both infill drilling and step-out holes on the Graal property, the Company's strategically located asset near Saguenay-Lac St. Jean, Quebec.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals to Present at PDAC 2025 on the Prospective Nickel-Copper Graal Property in Quebec

Coniagas Battery Metals to Present at PDAC 2025 on the Prospective Nickel-Copper Graal Property in Quebec

Vancouver, BC – TheNewswire - February 25, 2025 – Coniagas Battery Metals Inc. (TSXV: COS) (“Coniagas” or the “Company”), is pleased to announce that it will participate and present at the PDAC 2025 Conference in Toronto from March 2 to March 5, 2025 and welcomes the opportunity to meet with investors to discuss recent developments and plans for the Company.

CEO Frank Basa, P.Eng. Ontario, is scheduled to give a presentation as part of the Nickel/PGM session of the Corporate Presentation Forum for Investors on Wednesday March 5 at 11:08 am in the Investment Hub Theatre and will be available during and afterwards to answer questions on Coniagas. Mr. Basa will also be available at other times during PDAC; if you wish a meeting, please contact us.

Keep reading...Show less
Coniagas Grants Stock Options

Coniagas Grants Stock Options

 

(TheNewswire)

 
     
  Coniagas Battery Metals Inc. 
          
 

Vancouver, BC TheNewswire - February 11, 2025 Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), announces that it has granted stock options to its directors to purchase an aggregate of 500,000 common shares in the capital of the Company.  The stock options are exercisable for a term of three years at an exercise price of $0.05 per share.  All stock options are granted in accordance with the terms of the Company's Stock Option Plan and the policies of the TSX Venture Exchange and are exercisable immediately.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Coniagas Engages Laurentia Exploration for Drill Program on its near surface and extensive Ni-Cu-Co-PGM Massive Sulfide Mineralization Zones at Graal

Coniagas Engages Laurentia Exploration for Drill Program on its near surface and extensive Ni-Cu-Co-PGM Massive Sulfide Mineralization Zones at Graal

 

(TheNewswire)

 
     
  Coniagas Battery Metals Inc. 
          
 

Vancouver, BC TheNewswire - February 3, 2025 Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), is pleased to engage the services of Laurentia Exploration to design and manage ongoing exploration activities at the Graal property, highlighting the potential of this strategically located asset near Saguenay-Lac St. Jean, Quebec.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals Completes Private Placement

Coniagas Battery Metals Completes Private Placement

 

(TheNewswire)

 
     
  Coniagas Battery Metals Inc. 
          
 

Vancouver, BC September 30, 2024 TheNewswire - Coniagas Battery Metals Inc. ("Coniagas" or the "Company") (TSXV:COS) announces that it has held a second and final closing of its previously-announced non-brokered private placement of units.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Lithium Universe Ltd  Completes PV Solar Cell Recycling Acquisition

Lithium Universe Ltd Completes PV Solar Cell Recycling Acquisition

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcements dated 18 June 2025 and 2 July 2025, it has successfully completed the acquisition of 100% of the issued capital New Age Minerals Pty Ltd (NAM) which is party to an exclusive licensing agreement with Macquarie University in respect to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology (the Acquisition).

Highlights

- Completion of the acquisition of 100% of the issued capital of New Age Minerals Pty Ltd

- Acquisition gives Lithium Universe exclusive rights to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology

Further details regarding the Microwave Joule Heating Technology are set out in the Company's announcement dated 18 June 2025.

Commenting on the Acquisition, Lithium Universe's Executive Chairman, Iggy Tan said:

"We are pleased to have completed this important milestone, which now allows us to begin working more closely with the Macquarie University team. This next phase will focus on developing a robust research program to enhance the Microwave Joule Heating Technology and unlock its full commercial potential. We believe this collaboration will play a pivotal role in advancing sustainable recycling solutions and position Lithium Universe as a leader in critical metal recovery from end-of-life solar panels."

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.

 

 

Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
VIDEO: Lithium Universe Ltd  Interview with Executive Chairman Iggy Tan

VIDEO: Lithium Universe Ltd Interview with Executive Chairman Iggy Tan

Melbourne, Australia (ABN Newswire) - In an interview with ABN Newswire, Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (OTCMKTS:LUVSF) Executive Chairman Iggy Tan outlines the current activities of the company including the vision of closing the "Lithium Conversion Gap".

Additionally, the company has recently licensed to acquire technology from Macquarie University for the extraction of silver from solar cells. The technique involves a specialised process to delaminate the components in the PV cell and avoid the crushing of the cell for recycling.

This method provides a cleaner disaggregation of the materials in the cell and enables the liberation of critical materials and a significant amount of silver. Silver is a component in the manufacture of PV cells, and with an estimated amount of 80 million tonnes of solar cell waste globally, typically dumped, the process facilitates easy recovery of these valuable materials.

To Watch the Interview with Mr. Iggy Tan, please visit:
https://www.abnnewswire.net/lnk/2HQJB3QO

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7,OTC:LUVSF) (FRA:KU00) (OTCMKTS:LUVSF) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Quebec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels.

 

 

Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
SAGA Metals Showcases Radar Project as Potentially Comparable to China's Panzhihua VTM Deposit

SAGA Metals Showcases Radar Project as Potentially Comparable to China's Panzhihua VTM Deposit

 

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, is pleased to report a significant breakthrough in its 2025 exploration campaign at the wholly-owned Radar Project in Labrador, Canada. Emerging technical results suggest that the project bears geological similarities to Panzhihua, the world's leading vanadiferous titanomagnetite (VTM) operation, located in China, which contributes over 40% of global vanadium (V 2 O 5 ) production 1 .

 

With a large oxide layering thickness, a near-monomineralic VTM composition, and extensive mineral tenures, the Radar Project shows the potential to become a globally meaningful VTM project. We use Panzhihua as our deposit model target, however, note that comparable Labradorite-type AMCG deposits are not necessarily indicative of the grades and tonnes of the mineralization within the Dykes River intrusion.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×