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<title>Lithium Archives • The Electricity Hub</title>
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<title>Lithium Archives • The Electricity Hub</title>
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<title>Exxon, SLB Show Interest in Lithium Projects in Chile</title>
<link>https://theelectricityhub.com/exxon-slb-show-interest-in-lithium-projects-in-chile/</link>
<comments>https://theelectricityhub.com/exxon-slb-show-interest-in-lithium-projects-in-chile/#respond</comments>
<dc:creator><![CDATA[Martins Eze]]></dc:creator>
<pubDate>Thu, 20 Feb 2025 11:47:44 +0000</pubDate>
<category><![CDATA[Carbon Emissions]]></category>
<category><![CDATA[Energy Transition]]></category>
<category><![CDATA[International News]]></category>
<category><![CDATA[Exxon Mobil]]></category>
<category><![CDATA[Lithium]]></category>
<category><![CDATA[SLB]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=100144</guid>
<description><![CDATA[<p>US oil major Exxon Mobil is planning a meeting with Chilean officials to discuss lithium investment opportunities, according to a registry of lobbyist meetings and a person familiar with the… </p>
<p>The post <a href="https://theelectricityhub.com/exxon-slb-show-interest-in-lithium-projects-in-chile/">Exxon, SLB Show Interest in Lithium Projects in Chile</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[
<ul class="wp-block-list">
<li>US oil major Exxon Mobil is planning a meeting with Chilean officials to discuss lithium investment opportunities.</li>
<li>According to a registry of lobbyist meetings, in January, a Chilean representative for Exxon met with mining ministry officials to discuss an upcoming visit by executives “interested in lithium projects in Chile.”</li>
</ul>
<p>US oil major Exxon Mobil is planning a meeting with Chilean officials to discuss lithium investment opportunities, according to a registry of lobbyist meetings and a person familiar with the matter, as fossil fuel companies increasingly look to invest in production of the metal needed for <a href="https://theelectricityhub.com/?s=electric+vehicle+batteries">electric vehicle batteries</a>.</p>
<p>Top US oilfield services company SLB, which is similarly expanding into lithium, also recently met with Chilean mining officials, according to the registry and the source.</p>
<p>The meetings reveal the first known details of interest from the companies to seek opportunities in Chile, the world’s second-biggest lithium producer, where output currently comes from just two companies in the Atacama salt flat.</p>
<p>The government is working to boost production, both through efforts spearheaded by state-run copper giant Codelco and by encouraging private investment.</p>
<p>Oil and gas companies, under pressure to reduce carbon emissions from operations, see parallels between conventional oil and gas drilling methods and<a href="https://theelectricityhub.com/?s=+lithium+"> lithium </a>extraction from brine, which is the form of production used in Chile.</p>
<p>According to a registry of lobbyist meetings, in January, a Chilean representative for Exxon met with mining ministry officials to discuss an upcoming visit by executives “interested in lithium projects in Chile.”</p>
<p>The registry did not provide further details. The source with knowledge of the meeting said the visit was expected in the coming months. Asked about interest in Chile, Exxon said in a statement, “We have collaborations and investments all over the world,” and noted it was consistently evaluating opportunities in the energy sector.</p>
<p>In late 2023, the top US oil producer announced plans to produce lithium in the US with the goal of supplying ultralight metal to EV makers and becoming a top global producer. It said it was studying where else it could produce lithium in the world.</p>
<p>Exxon is also working to use an innovative method to separate the metal from brine, known as direct lithium extraction (DLE), which Chile has called for as a way to mitigate <a href="https://www.msn.com/en-ca/money/topstories/exxon-slb-flag-interest-in-lithium-projects-in-chile-document-source-say/ar-AA1zoEze?ocid=BingNewsVerp">environmental impacts</a>. </p>
<p>Also in January, SLB Head of Mining Nicholas Lugansky met with a top Chilean mining official to discuss the New Energy unit, which includes lithium projects.</p>
<p>The post <a href="https://theelectricityhub.com/exxon-slb-show-interest-in-lithium-projects-in-chile/">Exxon, SLB Show Interest in Lithium Projects in Chile</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Lithium Mines Reduce Output Due to Low Prices</title>
<link>https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/</link>
<comments>https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/#respond</comments>
<dc:creator><![CDATA[Martins Eze]]></dc:creator>
<pubDate>Tue, 10 Dec 2024 11:15:23 +0000</pubDate>
<category><![CDATA[Energy Transition]]></category>
<category><![CDATA[International News]]></category>
<category><![CDATA[Batteries]]></category>
<category><![CDATA[Electric Vehicle]]></category>
<category><![CDATA[Lithium]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=97601</guid>
<description><![CDATA[<p>Some mines that produce lithium, used in electric vehicle batteries, have curtailed operations or delayed expansions after a 90 per cent drop in prices over the last two years. Other… </p>
<p>The post <a href="https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/">Lithium Mines Reduce Output Due to Low Prices</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[
<ul class="wp-block-list">
<li class="">Some mines that produce lithium, used in electric vehicle batteries, have curtailed operations or delayed expansions after a 90% drop in prices over the last two years.</li>
<li class="">Pilbara Minerals said in October it would put one of its two processing plants in care and maintenance at the beginning of December, trimming output by the company</li>
</ul>
<p class="">Some mines that produce lithium, used in <a href="https://theelectricityhub.com/?s=electric+vehicle">electric vehicle</a> batteries, have curtailed operations or delayed expansions after a 90 per cent drop in prices over the last two years.</p>
<p class="">Other loss-making mines have maintained production, largely because they have the support of Chinese battery-makers that can increase their profits when the raw materials in their supply chains are cheaper.</p>
<p class="">Below are details of company mines that have temporarily halted operations or postponed expansions. Consultancy CRU said the total impact would be 100,000 metric tons less output this year and 228,000 tons in 2025.</p>
<p class=""><strong>Mineral Resources</strong> </p>
<ol class="wp-block-list"></ol>
<p class="">In November, the company said it would put its Bald Hill mine in Western Australia under care and maintenance. It left its other two jointly-owned mines in operation at lower levels.</p>
<p class=""><strong>Liontown Resources </strong></p>
<p class="">In November, the company trimmed production plans for its new Kathleen Valley <a href="https://theelectricityhub.com/?s=lithium">lithium</a> mine during its ramp-up.</p>
<p class=""><strong>Pilbara Minerals </strong></p>
<p class="">The company said in October it would put one of its two processing plants in care and maintenance at the beginning of December, trimming output by the company.</p>
<p class=""><strong>Arcadium </strong></p>
<p class="">In September, the company said it put its Mt. Cattlin mine, in Western Australia in care and maintenance by the end of the first half of 2025. In August, it also announced a delay to expansion plans at its Feniz operation in Argentina and said it would pause development of its Galaxy project in Canada.</p>
<p class="">In October, Rio Tinto agreed to buy Arcadium for $6.7 billion.</p>
<p class=""><strong>CATL </strong></p>
<p class="">Chinese battery giant CATL said in September it would adjust lithium production at its Jianxiawo mine. It did not say how much output would be affected, but UBS estimated it would be 15,000 tons for about three months.</p>
<p class=""><strong>Argosy Minerals </strong></p>
<p class="">In July, the company suspended operations, at a lithium carbonate production facility at its Rincon project in Argentina.</p>
<p class=""><strong>IGO </strong></p>
<p class="">The company in January trimmed its 2024 production forecast for its Greenbushes mine by 7 per cent.</p>
<p class=""><strong>Core Lithium </strong></p>
<p class="">In January, the company suspended operations at its Finniss <a href="https://www.reuters.com/markets/commodities/lithium-mines-that-have-cutback-output-due-low-prices-2024-12-10/">project </a>in Australia’s Northern Territory.</p>
<p>The post <a href="https://theelectricityhub.com/lithium-mines-reduce-output-due-to-low-prices/">Lithium Mines Reduce Output Due to Low Prices</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>South Africa Seeks Nigeria’s Lithium for EV Batteries</title>
<link>https://theelectricityhub.com/south-africa-seeks-nigerias-lithium-for-ev-batteries/</link>
<comments>https://theelectricityhub.com/south-africa-seeks-nigerias-lithium-for-ev-batteries/#respond</comments>
<dc:creator><![CDATA[Martins Eze]]></dc:creator>
<pubDate>Wed, 04 Dec 2024 12:58:44 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Southern Africa]]></category>
<category><![CDATA[Lithium]]></category>
<category><![CDATA[Nigeria]]></category>
<category><![CDATA[South Africa]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=97370</guid>
<description><![CDATA[<p>President Cyril Ramaphosa has announced South Africa’s intent to collaborate with Nigeria to extract critical minerals, particularly lithium, to facilitate the transition to green energy and support the production of… </p>
<p>The post <a href="https://theelectricityhub.com/south-africa-seeks-nigerias-lithium-for-ev-batteries/">South Africa Seeks Nigeria’s Lithium for EV Batteries</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[
<ul class="wp-block-list">
<li class="">President Cyril Ramaphosa has announced South Africa’s intent to collaborate with Nigeria to extract critical minerals, particularly lithium, to facilitate the transition to green energy.</li>
<li class="">Ramaphosa pointed out that South Africa has established a Just Transition Framework and an Investment Plan aimed at attracting significant investments in renewable energy and the green economy over the coming years.</li>
</ul>
<p class="">President Cyril Ramaphosa has announced <a href="https://theelectricityhub.com/?s=South+Africa">South Africa</a>’s intent to collaborate with Nigeria to extract critical minerals, particularly lithium, to facilitate the transition to green energy and support the production of electric vehicle (EV) batteries.</p>
<p class="">This announcement was made on December 4 during the Nigeria-South Africa Business Roundtable in Cape Town.</p>
<p class="">Ramaphosa emphasised the potential of Nigeria’s extensive <a href="https://theelectricityhub.com/?s=lithium">lithium</a> reserves as a foundational element for industrial development within the EV sector. He called for cooperation between the private sector and development finance institutions to enhance infrastructure and manufacturing capabilities in this area.</p>
<p class="">He noted, “There is also much opportunity for cooperation on pharmaceuticals. Our two countries are strategically positioned to benefit from the rapid growth of clean energy manufacturing industries.”</p>
<p class="">Ramaphosa pointed out that South Africa has established a Just Transition Framework and an Investment Plan aimed at attracting significant investments in renewable energy and the green economy over the coming years.</p>
<p class="">In his address, he stressed the importance of utilising the abundant natural resources available in both nations to promote green industrialisation as part of a global shift towards a low-carbon economy.</p>
<p class="">“We should leverage each other’s capabilities in minerals processing. We must work together to ensure critical minerals are beneficiated at source,” he stated, urging businesses to <a href="https://thenews-chronicle.com/south-africa-supports-nigerias-g20-bid-seeks-nigerias-lithium-for-ev-batteries/">engage</a> actively in these initiatives.</p>
<p class="">Additionally, President Ramaphosa affirmed South Africa’s strong support for Nigeria’s bid to join the G20, referring to Nigeria as “a valued sister country.” This commitment was reiterated during his discussions with Nigerian President Bola Ahmed Tinubu at the official launch of South Africa’s G20 presidency.</p>
<p>The post <a href="https://theelectricityhub.com/south-africa-seeks-nigerias-lithium-for-ev-batteries/">South Africa Seeks Nigeria’s Lithium for EV Batteries</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Belgrade Protesters Demand Halt to Rio Tinto’s Lithium Mine</title>
<link>https://theelectricityhub.com/belgrade-protesters-demand-halt-to-rio-tintos-lithium-mine/</link>
<comments>https://theelectricityhub.com/belgrade-protesters-demand-halt-to-rio-tintos-lithium-mine/#respond</comments>
<dc:creator><![CDATA[Oshionameh Ajayi]]></dc:creator>
<pubDate>Sun, 11 Aug 2024 18:04:06 +0000</pubDate>
<category><![CDATA[Carbon Emissions]]></category>
<category><![CDATA[Energy Transition]]></category>
<category><![CDATA[International News]]></category>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[Renewables]]></category>
<category><![CDATA[Electric Vehicle]]></category>
<category><![CDATA[Europe]]></category>
<category><![CDATA[Lithium]]></category>
<category><![CDATA[Serbia]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=91433</guid>
<description><![CDATA[<p>Thousands gathered in central Belgrade on Saturday, August 10, to demand the government halt Rio Tinto’s proposed lithium project in Western Serbia. Demonstrators expressed fears that the mine could pollute… </p>
<p>The post <a href="https://theelectricityhub.com/belgrade-protesters-demand-halt-to-rio-tintos-lithium-mine/">Belgrade Protesters Demand Halt to Rio Tinto’s Lithium Mine</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[
<ul class="wp-block-list">
<li>Thousands protested in central Belgrade on August 10, demanding the government halt Rio Tinto’s lithium project in Western Serbia due to fears of environmental damage.</li>
<li>The Serbian government dismissed the protests as politically motivated, claiming they aimed to undermine President Aleksandar Vucic’s administration. Meanwhile, the Jadar project promises to meet 90% of Europe’s lithium needs, potentially boosting Serbia’s economy.</li>
<li>On July 19, Serbia signed a deal with the EU to grant member states access to Serbian raw materials, including lithium, as part of the EU’s strategy to reduce reliance on imports from the US and Asia.</li>
</ul>
<p>Thousands gathered in central Belgrade on Saturday, August 10, to demand the government halt <a href="https://www.reuters.com/world/europe/thousands-demand-halt-rio-tintos-lithium-project-serbia-2024-08-10/">Rio Tinto’s</a> proposed lithium project in Western Serbia. Demonstrators expressed fears that the mine could pollute local land and water.</p>
<p>Protestors waved Serbian flags and chanted, “You will not dig” and “Rio Tinto, leave Serbia!” They packed the streets leading to Terazije Square, strongly opposing the project. Many fear the environmental impact of what could become Europe’s largest <a href="https://theelectricityhub.com/?s=lithium+mine">lithium mine</a>.</p>
<p>Government officials dismissed the protests as politically driven, accusing them of trying to destabilise President Aleksandar Vucic’s administration. Zlatko Kokanovic, a protest leader and farmer from the Jadar region where the mine might be built, urged demonstrators to block significant train stations in Belgrade. Kokanovic warned that the mine would devastate the region’s agriculture.</p>
<p>In July, Serbia reinstated Rio Tinto’s license to develop the $2.4 billion Jadar project. This decision reversed a 2022 government move to halt the process after strong opposition from environmental groups. The decision triggered protests across Serbia, with many demanding a complete ban on lithium exploration and mining.</p>
<p>“We will not give up. The mine cannot destroy agricultural land,” said Mica Miliovanovic, a 63-year-old protester. “This fight is not political; it’s about our future.”</p>
<p>President Vucic, speaking on Friday, claimed Serbian authorities received intelligence from Russia about a potential coup. Vice Premier Aleksandar Vulin echoed these concerns, urging caution. The alleged threat added more tension to the already heated situation.</p>
<p>The Jadar project could supply 90% of Europe’s current lithium needs, positioning Rio Tinto as a global leader in lithium production. Lithium plays a crucial role in batteries for <a href="https://theelectricityhub.com/?s=electric+vehicles">electric vehicles</a> and mobile devices. Government officials argue the project could significantly boost Serbia’s economy, but environmentalists believe the environmental cost outweighs the benefits.</p>
<p>This issue reaches beyond Serbia. On July 19, Vucic signed an agreement with German Chancellor Olaf Scholz and EU Energy Commissioner Maros Sefcovic. The deal grants EU member states access to raw materials mined in Serbia, including lithium. The agreement aligns with the EU’s strategy to reduce dependence on US and Asian imports.</p>
<p>Despite the government’s push for the project, opposition continues to grow. Environmental activists and residents express deep concerns about the long-term consequences of lithium mining. Many fear that the project will cause irreversible damage to the environment, particularly agriculture and water sources in the region.</p>
<p>Protesters vow to keep fighting against the mine. They believe the government prioritises economic gains over the health and safety of its people. As tensions escalate, the future of the Jadar project remains uncertain. This struggle will likely influence Serbia’s environmental policies and its relationship with international partners.</p>
<p>The post <a href="https://theelectricityhub.com/belgrade-protesters-demand-halt-to-rio-tintos-lithium-mine/">Belgrade Protesters Demand Halt to Rio Tinto’s Lithium Mine</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Sibanye Stillwater to Commence $616M Lithium Project in Finland </title>
<link>https://theelectricityhub.com/sibanye-stillwater-to-commence-616m-lithium-project-in-finland/</link>
<comments>https://theelectricityhub.com/sibanye-stillwater-to-commence-616m-lithium-project-in-finland/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Tue, 29 Nov 2022 09:37:00 +0000</pubDate>
<category><![CDATA[International News]]></category>
<category><![CDATA[Battery]]></category>
<category><![CDATA[Finland]]></category>
<category><![CDATA[Lithium]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=74082</guid>
<description><![CDATA[<p>Sibanye Stillwater said it would construct the €588M ($616.2M) Keliber lithium project in Finland. The first phase of the Keliber project will be The €359M construction of the Kokkola lithium… </p>
<p>The post <a href="https://theelectricityhub.com/sibanye-stillwater-to-commence-616m-lithium-project-in-finland/">Sibanye Stillwater to Commence $616M Lithium Project in Finland </a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<ul>
<li><span style="font-weight: 400">Sibanye Stillwater said it would construct the €588M ($616.2M) Keliber lithium project in Finland.</span></li>
<li style="font-weight: 400"><span style="font-weight: 400">The first phase of the Keliber project will be The €359M construction of the Kokkola lithium hydroxide refinery.</span></li>
</ul>
<p><span style="font-weight: 400">On Monday, Sibanye Stillwater said it would construct the €588M ($616.2M) Keliber lithium project in Finland as it seeks to take hold in the European battery metals market. The first phase of the Keliber project will be The €359M construction of the Kokkola lithium hydroxide refinery. Also, Sibanye moved last month to increase its interest to 85% from the ~30% stake it acquired in February.</span></p>
<p><span style="font-weight: 400">Sibanye said the development of the Syvajarvi open pit mine, the Rapasaari mine, and the Paivaneva concentrator would follow the construction of the Kokkola refinery. The concentrate produced at the concentrator plant will be trucked 66 km to the Kokkola refinery, with the refinery poised to produce ~15K tons/year of battery-grade lithium hydroxide monohydrate.</span></p>
<p><span style="font-weight: 400">Sibanye said the Keliber project currently has an open pit and underground ore reserves of 12.7M metric tons grading 0.92% lithium hydroxide, with significant exploration potential remaining.</span></p>
<p> </p>
<p>The post <a href="https://theelectricityhub.com/sibanye-stillwater-to-commence-616m-lithium-project-in-finland/">Sibanye Stillwater to Commence $616M Lithium Project in Finland </a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Botswana: Lithium Batteries Theft Surge</title>
<link>https://theelectricityhub.com/botswana-lithium-batteries-theft-surge/</link>
<comments>https://theelectricityhub.com/botswana-lithium-batteries-theft-surge/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Mon, 21 Nov 2022 12:01:36 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Southern Africa]]></category>
<category><![CDATA[Batteries]]></category>
<category><![CDATA[Botswana]]></category>
<category><![CDATA[Lithium]]></category>
<guid isPermaLink="false">https://theelectricityhub.com/?p=73742</guid>
<description><![CDATA[<p>The southern African nation’s biggest mobile network operator has lost more than $100,000 worth of lithium batteries in the past week alone. Some households use lithium batteries for solar lighting,… </p>
<p>The post <a href="https://theelectricityhub.com/botswana-lithium-batteries-theft-surge/">Botswana: Lithium Batteries Theft Surge</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
]]></description>
<content:encoded><![CDATA[<ul>
<li>
<h3><span style="font-weight: 400">The southern African nation’s biggest mobile network operator has lost more than $100,000 worth of lithium batteries in the past week alone.</span></h3>
</li>
<li>
<h3><span style="font-weight: 400">Some households use lithium batteries for solar lighting, while light industries rely on them.</span></h3>
</li>
</ul>
<h3><span style="font-weight: 400">Amid a surge in global demand for the battery in electric vehicles, Botswana’s authorities have reported increased lithium battery thefts from mobile phone towers. The southern African nation’s biggest mobile network operator has lost more than $100,000 worth of lithium batteries in the past week alone.</span></h3>
<h3><span style="font-weight: 400">Diteko Motube, Botswana’s police spokesperson, said most of the stolen batteries are being smuggled across the border to Zimbabwe. In addition, five suspects from Zimbabwe and a Botswanan national were arrested this week while possessing batteries worth more than $100,000. These batteries were stolen from Mascom, Botswana’s leading mobile network service provider.</span></h3>
<h3><span style="font-weight: 400">Mascom’s spokesperson Tebogo Lebotse-Sebego noted that the thefts had derailed service delivery. In addition, He said, “This issue is certainly a crisis, and it is affecting our quality of services ambitions. We are working closely with the relevant law enforcement offices and other administrators, including the community, to find sustainable solutions to arrest the situation”.</span></h3>
<h3><span style="font-weight: 400">Zenzo Moyo, A Zimbabwean-born UK-based economic and political analyst, said thefts in Botswana could be the result of the frequent power outages experienced in some southern African countries. In addition, he noted that “It is not surprising that these lithium batteries are in high demand now mainly because of the load shedding that is being experienced in southern Africa, especially in Zimbabwe and South Africa. Some households use lithium batteries for solar lighting, while light industries rely on them”.</span></h3>
<p>The post <a href="https://theelectricityhub.com/botswana-lithium-batteries-theft-surge/">Botswana: Lithium Batteries Theft Surge</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<title>Ghana Set to Commence Lithium Production</title>
<link>https://theelectricityhub.com/ghana-set-to-commence-lithium-production/</link>
<comments>https://theelectricityhub.com/ghana-set-to-commence-lithium-production/#respond</comments>
<dc:creator><![CDATA[]]></dc:creator>
<pubDate>Fri, 02 Jul 2021 09:05:45 +0000</pubDate>
<category><![CDATA[News]]></category>
<category><![CDATA[Renewable Energy]]></category>
<category><![CDATA[West Africa]]></category>
<category><![CDATA[Energy Storage]]></category>
<category><![CDATA[EV]]></category>
<category><![CDATA[Ghana]]></category>
<category><![CDATA[Lithium]]></category>
<category><![CDATA[transition]]></category>
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<description><![CDATA[<p>  IronRidge is set to fund the production of lithium in Ghana. The Ewoyaa Lithium Project could produce 2 million tonnes per annum. IronRidge Resources has signed an agreement with… </p>
<p>The post <a href="https://theelectricityhub.com/ghana-set-to-commence-lithium-production/">Ghana Set to Commence Lithium Production</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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<li>IronRidge is set to fund the production of lithium in Ghana.</li>
<li>The Ewoyaa Lithium Project could produce 2 million tonnes per annum.</li>
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<p>IronRidge Resources has signed an agreement with Piedmont Lithium to develop the Ewoyaa Lithium Project. A Scoping Study carried out at Ewoyaa indicated that about 2.0 Mtpa could be produced from the site with potential mine lifetime revenues of overUS$1.55 billion.</p>
<p>Vincent Mascolo, CEO of IronRidge, noted that Piedmont’s established relationships with US-based automakers present an opportunity for IronRidge to fund the Ewoyaa Lithium Project through to production. In addition, the rapidly growing EV and energy storage industries provide a huge incentive for IronRidge and its shareholders to fund the transaction.</p>
<p>Keith Phillips, CEO of Piedmont, stated that “Piedmont is delighted to be partnering with IronRidge to develop its outstanding Ewoyaa Lithium Project in Ghana. “We consider Ewoyaa to be among one of the world’s most promising spodumene projects, leveraging existing world-class infrastructure including directly adjacent HV power, a major highway within 1 km of the site, and the major port of Takoradi less than 2 hours’ drive away. “As a Company seeking to support the production of lithium and accelerate the transition to a sustainable future, we look forward to providing a pathway to production at this industry-leading project.”</p>
<p>The post <a href="https://theelectricityhub.com/ghana-set-to-commence-lithium-production/">Ghana Set to Commence Lithium Production</a> appeared first on <a href="https://theelectricityhub.com">The Electricity Hub</a>.</p>
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