Intra Energy Corporation Limited has acquired an 80 per cent interest in the Maggie Hays Hill lithium project (MHH Project) in the prolific Lake Johnston region of Western Australia. Intra Energy Corporation Chairman Graeme Robertson stated: “The acquisition of the MHH Project opens the exciting opportunity to IEC for advanced exploration for lithium, gold, and nickel in the well-known Maggie Hays Hill area of southern Western Australia. “Initial work done by IEC and historical exploration has identified visible outcropping pegmatites with recently discovered spodumene deposits to the south providing potential for lithium. ”As this is a more advanced area than…
Toro Energy Limited has issued an update that its extension study to the proposed Lake Maitland Uranium-Vanadium operation — located approximately 105 kilometres southeast of the Wiluna township in Western Australia and 730 kilometres northeast of Perth. The study involves the evaluation of the incorporation of material from Toro’s 100 per cent owned Lake Way and Centipede-Millipede uranium deposits into a proposed processing operation at Lake Maitland. Toro Energy Executive Chairman Richard Homsany said: “The uranium resources at Lake Way and Centipede-Millipede are strategically located and considerable, and need to be thoroughly evaluated for viability. “The inclusion of additional material…
Panoramic Resources Limited appointed administrators have determined that operations at the company’s Savannah Nickel Project in the Kimberley region of Western Australia are to be suspended after in-depth discussions with major creditors, key suppliers and other stakeholders. This decision comes after a recent shipment of approximately 10,000 tonnes of nickel concentrate on 3 January 2024 — however, nickel prices have continued to decrease. As a consequence of this decision, the majority of the c.140 Panoramic staff on-site at the Savannah Nickel Project will face redundancy. Employees with unpaid accrued entitlements are creditors in a voluntary administration of a company with…
Zenith Minerals Limited has resumed 100 per cent ownership over its two significant lithium projects — the Split Rocks Lithium Project and the Waratah Well Lithium Project — in Western Australia. Zenith Managing Director Michael Clifford said: “Regaining full control of our key lithium assets in Western Australia is a crucial step forward. “Our technical team has made significant progress at both Split Rocks and Waratah Well without drilling this past year, highlighting the untapped potential of these projects. “As we move into an extensive exploration campaign for 2024, our focus remains on strategic growth and the continuous enhancement of…
There is no doubt the West Australian-based GreenTech Metals Ltd (ASX: GRE) will generate excitement amongst lithium investors at Vertical Events’ approaching 2024 RIU Explorers Conference in Fremantle. This interest will not just come from the recent results of the diamond drilling the company conducted at its wholly-owned Ruth Well project, but also on the work it has carried out at its Osborne joint venture with Artemis Resources Ltd (ASX: ARV), both of which are located in the iron ore hub of WA’s Pilbara. Late last year GRE announced the Northern LCT pegmatite (Kobe), which sits within both Ruth Well…
Boron and lithium company — 5E Advanced Materials, Inc. — has officially begun mining operations at its 5E Boron Americas Complex with the startup of the wellfield injection process. The company is now working under its EPA UIC permit to extract valuable minerals from its wholly-owned project at Fort Cady. Following the recent announcement of its operational plan, the company has now begun wellfield operations to complete outstanding operational items at the facility in parallel. 5E expects to begin lab production in the short term and production of boric acid and lithium carbonate from the small-scale facility by the end…
American sustainable lithium developer Arizona Lithium Ltd has announced that the company’s Prairie Lithium Project’s lithium carbonate equivalent (LCE) resources has increased to 6.3 million tonnes (MT) from 5.7 MT LCE. This increase is primarily attributed to the successful acquisition and resource assessment of newly leased lands, adding an additional 600,000 tonnes of LCE to Prairie's resource base. Approximately 500,000 tonnes are classified as Indicated. The new resource estimate comprises 4.5 MT LCE Indicated and 1.8 MT LCE Inferred. The 6.3 MT of LCE at Prairie now represents a staggering nine years of global LCE consumption based on 2022 figures.…
Pantera Minerals Limited (PFE), a key player in the exploration and development of lithium resources, is poised to capitalise on the growing demand for lithium in the United States. The surge in demand, driven by the increasing adoption of electric vehicles (EVs) and renewable energy storage solutions, presents a significant opportunity for Pantera. A recent article by Fastmarkets highlighted the critical role of lithium in the green energy revolution. As the US transitions to a cleaner energy future, lithium-ion batteries are becoming essential for powering EVs, grid-scale energy storage systems, and other applications. Fastmarkets forecasts a substantial growth in US…
Critical mineral explorer, Litchfield Minerals Limited (ASX: LMS), has announced the discovery of several new chargeability targets at the historic Mount Irene Mine in Canada. The findings, revealed after a successful Gradient Array Induced Polarisation (GAIP) survey in March 2024, signify a significant breakthrough in the company's exploration efforts. The GAIP survey, known for its precision and depth, has identified multiple new chargeability targets extending towards the northwest (NW) of Mount Irene. These targets indicate the potential for substantial extensions to the known mineralised reefs, opening new avenues for exploration and development. Among the key highlights of the GAIP survey…
American Rare Earths (ASX: ARR | OTCQX: ARRNF and AMRRY) has released the findings of the Halleck Creek Scoping Study Technical Report by Stantec Consulting Services Inc., highlighting the project's potential as a low-cost, scalable, and world-class rare earth elements (REE) venture in Wyoming, USA. The study projects an attractive NPV8 of US$673.9 million and NPV10 of US$505.1 million (pre-tax), with an IRR of 22.5 per cent and a 2.9-year payback period based on a three million tonnes per annum (Mtpa) operating scenario. Initial capital expenditure is estimated at US$456.1 million, including a US$76 million contingency. The life of mine…
In a move to accelerate the Halleck Creek project, American Rare Earths (ARR) has successfully filed a Licence to Explore for Minerals by Dozing with the Wyoming Department of Environmental Quality in the US. This application is a critical step towards initiating test mining operations, as the company seeks approval for two test pits at the Cowboy State Mine site. The test mining is aimed at securing the necessary ore volumes for processing at a pilot facility, setting the stage for the future scaling of an operable mine and processing unit at Halleck Creek. American Rare Earths CEO Donald Swartz…
Arizona Lithium Limited has selected Rhythm Engineering Inc. to oversee the drilling and completion engineering and supervision services for its Prairie Lithium Project's upcoming drilling program in Canada. It follows a comprehensive proposal review from the company and marks a pivotal milestone in Arizona Lithium Limited’s project located in Saskatchewan, Canada; which is one of Arizona Lithium's key ventures alongside the Big Sandy Lithium Project. The exploration initiative will focus on drilling into the Dawson Bay and Souris River Formations, two deeper zones identified as prospective for enriched lithium brine. These formations, lying below the Duperow formation, have not been…
ASX-listed lithium exploration and development company — Galan Lithium Limited — has provided an updated on the progress of its Hombre Muerto West (HMW) Phase 1 lithium brine project in Argentina. The company is now on track to commence lithium chloride production in the first half of 2025. Galan Lithium Limited Managing Director Juan Pablo (JP) Vargas de la Vega stated: “We are taking advantage of the summer season whereby a buffer wall has been installed at the one third mark of Pond 1. “The initial partial evaporation process will commence in approximately 14 days with the full fill of…
American Rare Earths has revealed significant breakthroughs in metallurgical technology as part of the SynBREE project. The project, a consortium led by Lawrence Livermore National Laboratory (LLNL), is part of the Environmental Microbes as a BioEngineering Resource (EMBER) program within the Defense Advanced Research Projects Agency (DARPA), a U.S. Department of Defense agency. The groundbreaking results include the successful preconcentration of Halleck Creek ore to 3.5% Total Rare Earth Oxide (TREO) at a 12:1 upgrade ratio. This achievement represents a remarkable approximately 200 per cent increase from the existing flowsheet design, utilising cost-effective and conventional Dense Medium Separation (DMS) techniques.…
