U.S. explorer Franklin Mining has signed a joint venture agreement with SOCRAM Energia to develop a lithium mine in northern Argentina. The deal, which was signed recently by CEO William Petty in South America, calls for the operation to be situated in the prolific Lithium Triangle region. The single mine will be developed in three stages: 1,458 hectares in stage…
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Gazprom inks deal to advance Russian lithium project
Russian energy giant Gazprom said it has signed an agreement with the Russian government to cooperate on the production and processing of formation brines (saline groundwaters) at its Kovyktinskoye gas field in order to obtain lithium compounds and other valuable components. The parties agreed to work together in R&D activities aimed at creating domestic technologies, equipment and materials required to…
Read MoreRio Tinto acquiring Argentina lithium project
Rio Tinto announced it has paid $825 million to acquire the Rincon lithium project in Argentina from Sentient Equity Partners’ company Rincon Mining.
Read MoreEramet tackling construction again at Argentinian lithium property
The first quarter of next year will be a busy one for miner Eramet, which has confirmed it will restart construction at its Argentina lithium plant – work that has been halted for more than 18 months. As part of its fast-track into an energy metals transition and to strike on growth and demand momentum, the French company said the…
Read MorePilgangoora goes green
Pilbara Minerals has inked a 15-year power purchase agreement with Pacific Energy’s Contract Power Australia for a 6-megawatt solar array at the Pilgangoora lithium operation in Western Australia’s Pilbara region.
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