Lithium exploration company Medaro Mining said it plans to carry out a strategic reorganization of its assets through which it would spin-out its interest in Global Lithium Extraction Technologies (GLET) into a newly created entity.
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Tesla mulling takeover of Brazilian lithium miner
Tesla, the CEO of which has shown past interest in lithium extraction and refinement, is now reportedly considering a purchase of Canadian-headquartered, Brazilian-focused lithium mining company Sigma Lithium. According to reports including Bloomberg via the Business-Standard, people with knowledge of the situation have relayed that deliberations are in the early stages and the transaction value could reach US$3 billion. The…
Read MoreWealth Minerals, thyssenkrupp partner on Ollagüe
Canadian-based Wealth Minerals has entered into a strategic partnership with thyssenkrupp Mining Technologies for the development of its Ollagüe Salar lithium exploration project in northern Chile. The first stage of the partnership will entail the identification, evaluation and selection of technology for lithium extraction and purification of Ollagüe. The development of the preliminary flowsheet and layouts, including brine testing and…
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