Joint-venture partners Tawana Resources and Alliance Minerals Assets have started offtake discussions for the increased lithium concentrate that they expect to come from their Bald Hill mine in Western Australia.
The two companies, which are planning to merge in December, already have an offtake agreement with Hong Kong-based Burwill Commodity but are seeking additional partners as they consider increasing plant throughput to 300 t/h from around 200 t/h.
Tawana said during a presentation delivered at the Technology and Low Emissions Conference in Perth that it has completed a fines optimisation study and is now adding a third dense media separation circuit to increase plant flexibility and treat material ranging in size from 0.5mm-18mm.
An increase in plant throughput to 300 t/h is also aimed at increasing recoveries to 72-80pc. This is expected to increase production capacity by 110pc when compared to Bald Hill's pre-feasibility base case of 161 t/h and recovery levels of 65pc. The expansion is expected to bring significant benefits to operating costs.
Bald Hill produced 28,419t of lithium concentrate in the July-September quarter and is expected to export 55,000-60,000t to its offtake partner during July-December. It produced 36,000 lbs of tantalite in July-September and completed its first tantalite sale in October.
Germany and Bolivia today sealed a partnership for the industrial use of lithium , a key component in the batteries that power electric cars and cell phones.
MELBOURNE – Kidman Resources, a supplier of lithium to U.S. electric car maker Tesla said on Monday it had settled a court dispute that could have derailed joint development of a mine in Western Australia with Chile's SQM.
AVZ Minerals’ Manono became the world’s largest non-brine lithium resource after the Perth-based company released the maiden estimate for its 60%-owned project in southern DRC in August this year.
Administrators of South Africa's Optimum Coal have elected a 3bn rand ($211mn) bid from black economic empowerment (BEE) consortium Project Halo, backed by Australian bank Macquarie, as their preferred offer for the financially distressed mine.
Australia overtook Qatar as the world’s largest exporter of liquefied natural gas for the first time in November, data from Refinitiv Eikon, one of the world's largest providers of financial market data and infrastructure, serving over 40,000 institutions in over 190 countries, showed on Monday,
Next year augurs well for the Australian coal sector. This applies to both thermal coal (used in electricity production) and metallurgical coal (used in steel production).