What happened in the lithium market this year? Here’s a look at the major lithium trends of 2017, from megafactory announcements to offtake agreements.
By Pia Rivera
Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSXV: NEV) is pleased to announce, further to its news release dated November 8, 2017, that the Company and its exploration partner Advantage Lithium Corp. (“Advantage Lithium”) (together, the “Vendors”) have completed the sale of the Clayton Northeast and Triton lithium
By Pia Rivera
Nevada Sunrise Gold Corporation (“Nevada Sunrise” or the “Company”) (TSXV: NEV) announced today that the Company and its exploration partner Advantage Lithium Corp. (“Advantage Lithium”) (together, the “Vendors”) have signed an asset purchase agreement (the “Agreement”) to effect the sale of the Clayton Northeast project (“Clayton NE”) to Pure Energy
By Shelly Kumar
Nevada Sunrise (TSXV:NEV) announced today that it has received notice from its exploration partner Advantage Lithium Corp. (“Advantage Lithium”) that Advantage Lithium wishes to discontinue its option on the Neptune, Jackson Wash, Aquarius and Gemini lithium projects, all located in Esmeralda County, Nevada.
Advantage Lithium continues to maintain its option on the Clayton
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.
Advantage Lithium Corp. (TSXV:AAL; OTCQX:AVLIF) and its joint venture partner, Nevada Sunrise Gold Corp., have begun a regional drilling program at the Neptune lithium project, located in the southern Clayton Valley of Nevada, United States. One borehole will be drilled to a depth of approximately 610m (2,000 feet) and will
FMC Corp. will pay a lump sum of $10-million (U.S.) to Nemaska Lithium Inc. (TSX:NMX,OTCQX:NMKEF) by April 7, 2017, in accordance with the supply agreement announced on Oct. 31, 2016, and has agreed to amend the supply agreement to extend the timeline for the supply of product thereunder.
Nemaska Lithium Inc. (TSX:NMX,OTCQX:NMKEF) has released the results of its initial production of spodumene concentrate from the Whabouchi mine, using a mine-representative bulk sample. The plant is running continuously at half its capacity, 12 hours per day since March 7, 2017. Operation is steadily ramping up and should reach a
By Jocelyn Aspa
David Sidoo, CEO of Advantage Lithium, spoke with the Investing News Network about what’s currently exciting the company.
By Nick Smith
Cobalt does not usually get much attention from investors. Recent news about Tesla’s (NASDAQ:TSLA) and worldwide demand for lithium ion batteries has driven the price of lithium and the companies producing and exploring for the resource to new highs. However, analysts and experts have been looking at the battery supply
American Manganese Inc. (TSXV:AMY; PINKS:AMYZF;FRANK:2AM) announced that the Company has contracted Kemetco Research Inc. to perform “Proof of Concept” testing of the Company’s proprietary hydrometallurgical process for the recycling of cathode materials of Lithium Ion electric drive vehicle (EDV) batteries.
The updated report features a 100-percent increase in after-tax NPV, a 44-percent increase in after-tax IRR, a 33-percent increase in life-of-mine revenue and a 10-percent increase in capital expenditures.
Benchmark Mineral Intelligence reported that this year’s price of lithium carbonate is currently 47 percent higher than the 2015 average. According to the publication, the rise comes as the industry experiences “some of the widest price ranges ever seen.”
Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) announced today that it has received the General Certificate of Authorization (CA) for the Whabouchi Project from the Quebec Ministry of Sustainable Development, Environment and The Fight Against Climate Change (“MDDELCC”).