CALGARY, AB, May 22, 2024 /CNW/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three month period ended March 31, 2024. Selected financial and operational information is set out below and should be read in conjunction with the Company's March 31, 2024 financial statements and the related management's discussion and analysis,... Read more
TORONTO, May 17, 2024 /CNW/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) ("Rock Tech" or the "Company") is very pleased to announce that it has received the full permits for its planned Lithium refinery in Guben, Germany. Today, the Brandenburg State Office for the Environment issued the final approval for Rock Tech's Lithium refinery. The approval was preceded by an... Read more
LithiumBank Resources Corp. (TSXV: LBNK) (OTCQX: LBNKF) ("LithiumBank'' or the "Company") is pleased to announce the acquisition of a wellbore within its 100%-owned Boardwalk Lithium Brine Project located in west-central Alberta, Canada. The Alberta Energy Regulator (AER) approved the transfer of 100% ownership of well ID: 100/10-06-069-21W5/00 ("10-6"), along with surface rights and road access from the previous... Read more
FIRST QUARTER 2024 HIGHLIGHTS ($ USD) Strengthened commercial position in May, achieving a premium price of USD $1,290/t, at a fixed formula of 9% of lithium hydroxide quoted at LME, delivering: 11% price increase from April 25% price increase from 1Q24 realized sales price (USD $930/t or $1,035/t on a 6% basis) Revenues from volumes of Quintuple Zero High Purity Lithium Concentrate sold in 1Q totaled... Read more
Highlights Continued strong lithium mineralization over wide intervals from infill drilling at CV5. 122.5 m at 1.42% Li2O, including 35.8 m at 2.15% Li2O (CV24-405). 71.4 m at 1.57% Li2O, including 14.2 m at 3.15% Li2O (CV24-435). 68.7 m at 1.56% Li2O and 22.5 m at 1.04% Li2O (CV24-414). 74.9 m at 1.28% Li2O, including 28.1 m at 2.28% Li2O (CV24-423A). 53.0 m at 1.22% Li2O, including 25.0 m at 1.65% Li2O... Read more
Highlights Both parties have mutually agreed not to extend the MOU, enabling Patriot to explore a broader range of strategic partnerships within the downstream lithium sector. Patriot has and continues to attract significant attention across the industry, reinforcing its position as a pivotal supplier of high-quality raw materials for lithium-ion batteries outside of China. Patriot maintains a constructive... Read more
BELMONT, N.C. / May 15, 2024 / Business Wire / Piedmont Lithium (“Piedmont” or the “Company”) (Nasdaq: PLL; ASX: PLL), a leading North American supplier of lithium products critical to the U.S. electric vehicle supply chain, today announced that new and expanded high-grade lithium mineralization zones have been identified at North American Lithium (“NAL”) in Quebec. NAL is jointly owned by Piedmont (25%) and Sayona... Read more
2024 Q1 and Subsequent - Highlights and Headlines Cash and cash equivalents of $23.1 million at period end. Working capital of $21.2 million at period end. Strategic Alliance Agreement and License Agreement with Worley, a global engineering leader in sustainability solutions to develop, market, and deploy One-Pot enabled cathode plant design. License Agreement to govern licensing, fees, and other remuneration... Read more
Dragonfly Energy has continued its expansion into the trucking industry, taking new orders for both its Battle Born® All-Electric APUs and Battle Born® Liftgate Power Systems from fleet operators since the beginning of 2024. The Company is announcing certification of its energy storage products for use in oil & gas operations in North America, and identification of first customer within the sector. The... Read more
West Vancouver, British Columbia--(Newsfile Corp. - May 14, 2024) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that the company has contracted M3 Engineering and Technology Corporation (M3 Engineering) of Tucson, Arizona, a recognized leader in the lithium claystone space, as the lead engineering firm to produce a Preliminary Economic... Read more
VANCOUVER, British Columbia / May 13, 2024 / Business Wire / Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for the three months ended March 31, 2024 (“Q1 2024”) and has filed its condensed consolidated interim financial statements (“Financials”) and management’s discussion and analysis (“MD&A”). HIGHLIGHTS Thacker... Read more
Record company Q1 revenue, increased 73.2% year over year to $81.4 million Gross margin increased from 10.3% to 21.2%, a 10.9 percentage point improvement year over year STAFFORD, Texas / May 09, 2024 / Business Wire / Microvast Holdings, Inc. (NASDAQ: MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited... Read more
Highlights: E3 Lithium is expanding its Calgary-based lab to manufacture battery products, including lithium carbonate E3 Lithium plans to build scaled down equipment to validate lithium carbonate that will support the feasibility study and future operations The carbonate produced from this work will allow the Company to refine its process for battery-grade lithium carbonate CALGARY, Alberta / May 09, 2024 /... Read more
Concerned about “Forever Chemicals,” also known as PFAS (per- and polyfluoroalkyl substances), due to their environmental persistence and potential health risks, the European Union (EU) and US Environmental Protection Agency (EPA) are proposing restrictions on their use. This will greatly impact the lithium battery industry, as PFAS are commonly used in electrode production. Using their proprietary dry electrode... Read more
Strategic Execution Secures Leading Global Energy Partner, Equinor. Injects Immediate Liquidity Through Direct Investments In South West Arkansas And East Texas Projects Partnership Brings World-class Project Development Capabilities, Accelerating Smackover Development Path VANCOUVER, British Columbia, May 09, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI)... Read more
NAL Achieves Record Quarterly Production, Carolina Lithium Mining Permit Received Record quarterly production at NAL with recoveries exceeding target; full run-rate production on track for H2’24 Piedmont plans full-year customer shipments of approximately 126,000 dry metric tons (“dmt”), weighted to H2’24 Carolina Lithium mining permit issued in May 2024, accelerating funding discussions Revenue of $13.4... Read more
Part of proceeds from agreement to support investment in local communities CHARLOTTE, N.C., May 8, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced an innovative agreement with Martin Marietta Materials, Inc. (NYSE: MLM) a leading supplier of building materials — including aggregate,... Read more
Sigma Lithium is increasing its Proven and Probable Reserve balance by 40% to 77.0 million tonnes from 54.8 million tonnes. The entirety of this mineral Reserve balance is feasible through low-cost, open pit, mining operations, consolidating the Company's position as a low-cost producer of Quintuple Zero High Purity Lithium materials. Increased Proven and Probable Reserves lengthens the duration... Read more
VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced the closing of a landmark strategic partnership (the “Transaction”) with Equinor ASA (NYSE: EQNR), a multinational energy company and recognized leader in renewables and low-carbon... Read more
HIGHLIGHTS Atlas Lithium's modular dense media separation (DMS) lithium processing plant enters final fabrication stage. The innovative modular plant design, first for Brazil's lithium industry, streamlines transportation, installation, and commissioning. The plant's significantly reduced height, weight, and overall physical footprint makes it a premier environmentally-friendly design. Expedited... Read more
TORONTO, May 7, 2024 /CNW/ - Rock Tech Lithium Inc (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) issues update on outstanding German subsidy application. Subsidy applications will shift to state-level. Rock Tech will not receive funds from federal TCTF-subsidies programme. Instead, negotiations continue to finalize financing programmes with the state of Brandenburg. The Federal Ministry for... Read more
Highlights New high-grade spodumene pegmatite zone discovered at CV13. 34.4 m at 2.90% Li2O, including 21.9 m at 3.58% Li2O (CV24-470). Mineralization at shallow depth (starting at ~125 m vertical depth from surface) with a near-horizontal orientation, and open in multiple directions. Results pending for multiple follow-up holes. Focus of 2024 winter drilling at CV13 was step-out holes in support of a... Read more
KULR’s New Texas Battery Center of Excellence Facility Demonstrates Fast Turn-Around Time for Customers SAN DIEGO, May 02, 2024 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in safe and high-performance energy storage solutions, today announced the Company recently leveraged its battery production capabilities at its newly instituted... Read more
VANCOUVER, BC, May 2, 2024 /CNW/ - May 3, 2024 – Sydney, Australia- Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has entered into a definitive agreement to increase its land position at its Corvette Property through the acquisition from Azimut Exploration Inc. ("Azimut") (TSXV: AZM) (OTCQX: AZMTF) of a 100%... Read more
Highlights: Strategic Alliance Agreement and License Agreement with Worley, a global engineering leader in sustainability solutions. Strategic Alliance Agreement to develop, market, and deploy One-Pot enabled cathode plant design. License Agreement to govern licensing, fees and other remuneration to both parties. Design-once-build-many growth strategy to accelerate deployment of One-Pot LFP and other cathode... Read more
CHARLOTTE, N.C., May 1, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the first quarter ended March 31, 2024. First-Quarter 2024 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion, driven... Read more
Highlights Strong lithium mineralization over wide intervals from infill drilling at CV5. 126.3 m at 1.66% Li2O, including 54.9 m at 2.50% Li2O (CV24-374). 100.8 m at 1.97% Li2O, including 69.8 m at 2.52% Li2O (CV24-392). 90.2 m at 1.29% Li2O and 48.5 m at 1.25% Li2O (CV24-377). 94.9 m at 1.10% Li2O, including 26.1 m at 2.16% Li2O (CV24-378). 70.1 m at 2.44% Li2O, including 46.9 m at 3.53% Li2O or... Read more
Piedmont shipped approximately 15,500 dmt of spodumene concentrate in Q1’24 Record quarterly production of 40,439 dmt achieved at NAL in Q1’24; steady-state operations targeted in H2’24 March production of 15,699 dmt, a new monthly record, with recoveries of 69% Piedmont is targeting full-year shipments totaling approximately 126,000 dmt, weighted to H2’24 BELMONT, N.C. / Apr 30, 2024 / Business Wire /... Read more
RENO, Nev., April 30, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in green energy storage and maker of Battle Born Batteries®, announced today its pledge to plant over 10,000 trees in collaboration with the National Forest Foundation (NFF), the official non-profit partner of the USDA Forest Service, in recognition of Earth Day and... Read more
TORONTO, April 30, 2024 /CNW/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce the execution of a definitive feedstock supply agreement between Rock Tech's subsidiary RTT Lithium SA and C&D Logistics (Qingdao) Co., Ltd., a supply chain enterprise of C&D Group which is ranked 69th on the Fortune Global 500... Read more
West Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that the company has contracted with Boart Longyear, a recognized leader in the mining industry, to provide drilling services for the upcoming 2024 drill program at the Nevada North Lithium Project (NNLP). During the 2024 program,... Read more
VANCOUVER, B.C. , April 30, 2024 /CNW/ -- Lithium South Development Corporation (the "Company" or "Lithium South") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce it has today filed on SEDAR plus, its Preliminary Economic Assessment ("PEA report') following the summary results previously announced March 03, 2024. The report titled, N.I. 43-101 Preliminary Economic Assessment Hombre... Read more
FEASIBILITY STUDY HIGHLIGHTS Large-Scale Nevada-based Lithium Project: three-phase production plan will generate a life-of-mine average of 34,000 tonnes per annum (tpa) of battery-quality lithium carbonate (Li2CO3) Innovative Approach in Processing: patent-pending chloride leaching process combined with Direct Lithium Extraction (DLE), the Feasibility Study is supported by 2+ years of testing at the Company's... Read more
SUDBURY, ON, April 25, 2024 /CNW/ - Frontier Lithium Inc. (TSXV: FL) (FRA: HL2) (OTCQX: LITOF) ("Frontier" or "the Company"), is pleased to announce the successful closing of Tranche 1 of the joint venture partnership with Mitsubishi Corporation ("Mitsubishi") (Tokyo Stock Exchange: 8058:JP). This joint venture for the PAK Lithium Project ("Project") marks a significant milestone in advancing the first fully... Read more
ReElement's Marion Indiana supersite is a 42-acre campus with over 425,000 square feet under roof that will reduce the stronghold China has on rare earth element and lithium refining Phase 1 capacity is being designed for 5,000 metric tons of lithium carbonate (99.9%+) and 1,000 metric tons of rare earth oxides (99.5%+) representing phase 1 revenue potential of $142 million based on market prices Watch CEO Mark... Read more
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2024) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth") — announces the analysis results of geophysical work in the Kuska Project area. Wealth conducted in 4Q2023 multiple Magneto-Telluric ("MT") and coincident loop Transient Electromagnetic ("TEM") geophysical surveys, which delineated conductive... Read more
SURREY, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”), TSX.V: AMY, OTCQB: AMYZF, FSE: ID4, a global leader in sustainable lithium-ion battery recycling technology, is pleased to announce that the Indian Patent Office has issued patent No. 478749 for RecycLiCo’s “Processing of cobaltous sulphate/dithionate liquors derived from cobalt... Read more
Highlights Snow Lake's transition to a clean energy materials company continues with the acquisition of the Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan Saskatchewan was the second-largest global producer of uranium in 2022 and accounted for 15% of the world's primary uranium production[1] Saskatchewan also hosts the world's largest, highest grade uranium deposits, and is the source... Read more
EL DORADO, Ark., April 24, 2024 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, is pleased to announce that it has successfully commissioned and validated the performance of the largest continuously-operating Direct Lithium Extraction (“DLE”) equipment in North America. The Company... Read more
ABTC CEO leads virtual walkthrough of one of the largest known lithium deposits in the United States with Vrify CEO Stephen De Jong RENO, Nev, April 24, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals... Read more
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