China’s Zijin Mining said it was in talks with Zangge Mining’s two shareholders to buy a controlling stake in the miner. The potential deal would allow Zijin to consolidate its ownership over the Julong copper project in Tibet, its joint venture with Zangge. Tibet Zangge Venture Capital and Ningbo Meishan Bonded Port Area Xinsha Hongyun Investment Management collectively own about…
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Piedmont Lithium and Sayona Mining have signed a definitive agreement to combine the two companies and create a leading North American lithium business. Sayona will be the ultimate parent entity. “This merger combines two complementary businesses and will create a larger and stronger company. MergeCo will be North America’s largest lithium producer and will have an attractive growth profile with…
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Canadian-based Sigma Lithium has received positive economic results from a study to potentially triple integrated production of battery-grade sustainable lithium concentrate at its Grota do Cirilo project, currently in construction in Minas Gerais, Brazil. The study looked at increasing production from 270,000 tonnes/annum commencing in 2023 to 768,000 tpa in the second year, which could position Sigma as one of…
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As it gears up to transition to the title of lithium producer, Core Lithium has awarded the crushing services agreement for its Finniss lithium project near Darwin in the Northern Territory, Australia, to CSI Mining Services. Read full story here.
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