Albemarle Up on Plans for Higher Lithium Production
Albemarle says it has developed new technology that could allow it to increase its Chilean lithium output by over 50 percent.
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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?
Albemarle says it has developed new technology that could allow it to increase its Chilean lithium output by over 50 percent.
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Lithium production numbers are often broken down in terms of lithium carbonate equivalent. But what is lithium carbonate? Find out here.
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Critical Elements Corporation (the “Corporation” or “Critical Elements”)(TSXV:CRE,OTCQX:CRECF,FWB:F12) is pleased to announce results of a Feasibility Study on the Rose Lithium-Tantalum project (“Rose” or the “Project”) in James Bay, Québec. Unless otherwise stated, all figures are quoted in Canadian dollars (“$”) and are reported on a 100% equity project basis.
Highlights
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Preliminary Economic Assessment expected for October 2017 – Based on production rate of 35,000 tonnes per year of lithium carbonate
Surface easement for mine construction granted by mining authorities
Environmental Impact Assessment required for final mining permit expected for Q1 2018 – Baseline data completed for summer, fall and
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LiCo Energy Metals Inc. (“the Company“ or “LiCo”)(TSXV:LIC) is pleased to announce that it has entered into a property Purchase
Agreement effective August 31st, 2017 with Glencore Canada Corporation (subsidiary of Glencore plc) (“Glencore”) of Baar Switzerland, LSE: GLEN to acquire a 100% interest in mining rights patent #585 (the “Glencore property”)
Last week’s other top-gaining stocks on the TSX were Alexco Resource, Lithium Americas, Sherritt International Mining and Nemaska Lithium.
