A number of highly prospective lithium assets across the NT and WA have been purchased by Cadence Minerals, a UK based early investment strategy and development firm. The recent acquisition covers a number of potential high-grade projects namely Alcoota (NT), Picasso (WA) and Lithfield (NT). The company already has...
Australian lithium miner - Kidman Resources has announced a takeover bid has been advised by Wesfarmers for an amount of $776 million. The news comes only 2 months after Wesfarmers made an unsuccessful bid for rare earth miner – Lynas Corporation for an amount of up to $1.5 billion.
Salar Blanco, which is 50 percent-owned by Australian company Lithium Power International (LPI), has dropped its lawsuit against Chile to block Codelco from a lithium deposit where both have claims. After very constructive talks with the Ministry of Mines Chile over the past 3mths, Salar Blanco has agreed to end...
We were invited to attend a Rexnord presentation about IIoT V-Class Smart Gear Drive. It was an informative session and we are excited to see this product in operation. How IIoT Smart Gear Drive Works   Asset Management & Utilization Reduced downtime and expedited recovery Inventory optimization Available on-demand information to streamline product...
Core Exploration (ASX:CXO) found high-grade Lithium about 90km south of Darwin NT. The 100% CXO owned  Finniss Lithium Project contains 3.45 Mt at 1.5% Li2O. This is said to be one of the highest undeveloped Lithium deposits in Australia. “Core is in...
Liontown Resources Limited (ASX: LTR) has advised the market of a “Measured, Indicated and Inferred” mineral resource at its Kathleen Valley project. The decision to move from gold to battery related minerals has proved successful, with Australian miner striking 21.2 million tonnes @ 1.4% Li2O (lithium) and...
Newly merged lithium concentrate producer Alliance Mineral Assets (ASX: A40) has recently boasted record production numbers for the month of January 2019.  Spodumene (lithium concentrate) production from the Bald Hill Lithium and Tantalum Mine in Western Australia hit a total of 13 160 tons (6.15% Li2O). Despite the merger...
Lithium Power International (ASX:LPI) has appointed a new Executive Director – Richard Crookes to look after the Corporate Finance division of the business. Mr Crookes has a range of experience across the resources sector and holds significant investment banking knowledge and connections. His main function will be...
Information received from major information and data company - Global Data, shows lithium production set to triple over the next four years, with Australia leading the effort. Global lithium production is set to rise to 154,000 tonnes annually, driven by international demand for battery...
Perth based explorer Lepidico (ASX:LPD) has acquired access to a belt of lepidolite pegmatites through an option agreement with Venus Metals Corporation Limited (ASX:VMC). Under the option agreement, Venus receives $50 000 cash and 3,619, 254 Lepidico fully paid ordinary shares in return for a year long option to...