13th July 2024

Lithium, lithium, lithium — as a lot as we cowl the lithium market, there’s rather more to cowl. The lithium market is leaping. Beneath are 7 notable lithium tales we haven’t written about earlier than as we speak.

Lithium Americas has began building on its Thacker Go lithium undertaking positioned in Nevada. The Bureau of Land Administration (BLM) offered the permission to begin building and it’s now underway. The corporate provides: “Thacker Go is concentrating on 80,000 tonnes every year (‘tpa’) of battery-quality lithium carbonate (‘Li2CO3‘) manufacturing capability in two phases of 40,000 tpa, respectively (‘Part 1’ and ‘Part 2’). Part 1 manufacturing is anticipated to begin within the second half of 2026. The Venture is anticipated to create 1,000 jobs throughout building and 500 jobs throughout operations. Additional data may be discovered within the technical report titled ‘Feasibility Examine, Nationwide Instrument 43-101 Technical Report for the Thacker Go Venture Humboldt County, Nevada, USA’ with an efficient date of November 2, 2022 (the ‘Technical Report’), filed on SEDAR below the Firm’s profile on January 31, 2023.” Some have mentioned this undertaking will make Nevada into one thing just like the Silicon Valley of lithium manufacturing. Lithium Americas additionally offered a extra detailed building replace.

Learn extra right here.

A lithium reserve has been present in Iran for the primary time. Based on Iran’s Ministry of Trade, Mining and Commerce, the western province of Hamadan is the place the nation has discovered a lithium reserve for the primary time. They estimate the size of the reserve to be at 8.6 million tons. That’s lots, and it will put Iran 4th on the planet by way of recognized lithium reserves, solely trailing Bolivia, Argentina, and Chile. Moreover, Ebrahim Ali Molabeigi from the Iranian Ministry of Trade, Mining and Commerce famous, “The invention of the primary lithium reserve in Hamedan province is promising information which indicators the potential of different reserves within the western Iranian province.”

Learn extra right here.

India has additionally gone from virtually no recognized lithium provide to a big lithium reserve discovery. The Geological Survey of India (GSI) introduced the invention final month. “The 5.9 million tonnes of Lithium inferred sources have been established within the Reasi district of the northern union territory of Jammu and Kashmir, the GSI mentioned in an announcement.” Taking the Iran information above into consideration, this discovery would put India seventh on the planet in recognized lithium reserves. Indian has already introduced plans to public sale off blocks of this massive lithium reserve.

Learn extra right here.

The lithium undertaking Lithium One has been transferred 100% to the corporate Joshua Gold Assets Inc. (JSHG / OTC Pink Sheets). “The acquisition offers JSHG full management of 40 contiguous mining claims, of which it beforehand owned 50%.” That is within the province of Ontario, Canada.

<img aria-describedby="caption-attachment-290044" data-attachment-id="290044" data-permalink="https://cleantechnica.com/2023/03/18/lithium-news-7-lithium-stories-you-missed/lithium-one/" data-orig-file="https://cleantechnica.com/recordsdata/2023/03/Lithium-One.jpeg" data-orig-size="1930,2560" data-comments-opened="1" data-image-meta="{"aperture":"0","credit score":"","digital camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"1"}" data-image-title="Lithium One" data-image-description data-image-caption="

JSHG’s Lithium One property, displaying three distinguished areas.

” data-medium-file=”https://cleantechnica.com/recordsdata/2023/03/Lithium-One-302×400.jpeg” data-large-file=”https://cleantechnica.com/recordsdata/2023/03/Lithium-One-603×800.jpeg” decoding=”async” loading=”lazy” class=”size-full wp-image-290044″ src=”https://cleantechnica.com/recordsdata/2023/03/Lithium-One.jpeg” alt width=”1930″ top=”2560″ srcset=”https://cleantechnica.com/recordsdata/2023/03/Lithium-One.jpeg 1930w, https://cleantechnica.com/recordsdata/2023/03/Lithium-One-302×400.jpeg 302w, https://cleantechnica.com/recordsdata/2023/03/Lithium-One-603×800.jpeg 603w, https://cleantechnica.com/recordsdata/2023/03/Lithium-One-768×1019.jpeg 768w, https://cleantechnica.com/recordsdata/2023/03/Lithium-One-1158×1536.jpeg 1158w, https://cleantechnica.com/recordsdata/2023/03/Lithium-One-1544×2048.jpeg 1544w” sizes=”(max-width: 1930px) 100vw, 1930px”>

“JSHG’s Lithium One property, displaying three distinguished areas.”

“The 40 staked claims comprising Lithium One cowl a gaggle of three distinguished areas, with an approximate land space of 1600 acres. The staked claims share the same sort of terrain the place pegmatite outcrops containing spodumene have been recognized on different potential lithium properties within the Gogama, Ontario space — which has been a hotbed of mineral exploration exercise and residential to a current staking rush.”

Learn extra right here.

One other lithium undertaking in Ontario, Canada, has moved to the subsequent stage (in a way) by Inexperienced Know-how Metals of Australia gaining the correct to buy the vast majority of the undertaking. Listed below are the essential particulars:

“Inexperienced Know-how Metals Restricted (ASX: GT1) (GT1 or the Firm), a Canadian-focused multi-asset lithium enterprise, is happy to announce that it has signed a binding choice settlement (Choice Settlement) for an choice (Choice) to buy an 80% curiosity (80% Choice Curiosity) within the Junior Lake Venture (Junior Lake or the Venture) from Landore Assets Canada Inc. (Landore) which comprise 591 staked mineral claims on 10,856 Hectares (109 km²) of tenure positioned adjoining to the Flagship Seymour Venture (Seymour) in Ontario, Canada.”

For a lot, rather more, learn the 30-page report right here.

One of many largest lithium deposits in america has been “recognized” by American Battery Know-how Firm (ABTC). An evaluation by a third occasion has decided that 15.Eight million tons of lithium carbonate equal are positioned there. ABTC is a “important battery supplies firm that’s commercializing each its main minerals manufacturing and secondary minerals lithium-ion battery recycling applied sciences” based mostly within the USA. The Inferred Useful resource Report that the corporate commissioned analyzed its lithium deposit at its Tonopah Flats Lithium Venture in Massive Smoky Valley, Nevada. What they discovered was one of many largest lithium deposits recognized to exist within the nation.

The corporate summarizes, “The ABTC Tonopah Flats Lithium Venture encompasses 517 unpatented lode claims protecting roughly 10,340 acres, and ABTC controls 100% of the mining lode claims comprising the Tonopah Flats property and the rights to all locatable subsurface minerals with none royalties. ABTC started floor sampling of those claims within the Summer time of 2021, and subsequently carried out a number of subsurface drilling applications totaling 12,000 ft of exploration protecting roughly 65% of its property.”

Learn extra right here.

Getting again to Lithium Americas to wrap this lithium roundup up, the corporate just lately wrote about its Letter of Substantial Completion from the U.S. Division of Vitality (DOE) Mortgage Packages Workplace. This considerations the Thacker Go undertaking famous on the high, however notably some financing issues. Lithium Americas is making use of for funding from the DOE’s Superior Know-how Automobiles Manufacturing Mortgage Program (ATVM Mortgage Program). The purpose is to stand up to 75% of the capital prices for building from the ATVM Mortgage Program’s piggy financial institution.

“We applaud the Biden Administration for his or her efforts so far and assist to safe a home provide chain of important minerals to strengthen our nationwide safety, our financial system and our dedication to sustainability,” mentioned Jonathan Evans, President and CEO. “We’re happy to have the assist of each GM and the DOE to speed up the vitality transition whereas spurring job creation and financial progress in America. Over the previous months, we’ve achieved main milestones that enable us to begin building and start ordering long-lead gear at Thacker Go, placing into movement a stable basis for a home lithium provide chain for electrical automobiles.”

Learn extra right here.

Featured picture courtesy of Lithium Americas


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