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Elektros Enters Strategic Talks With Global Shipping Companies to Transport Lithium From Sierra Leone to the United States
Accessnewswire· 2026-01-22 15:35
Core Viewpoint - Elektros Inc. has initiated discussions with international freight and logistics providers to establish shipping solutions for transporting hard-rock lithium from Sierra Leone to the United States [1] Group 1: Company Developments - The company is currently engaging with multiple global shipping and freight-forwarding firms to obtain competitive pricing [1] - Elektros Inc. is evaluating transit timelines to ensure an efficient shipping process [1] - The initial shipment will consist of two containers of raw, hard-rock lithium material [1] Group 2: Industry Context - The move indicates a growing interest in lithium mining operations, particularly in Sierra Leone, as demand for lithium continues to rise globally [1] - Establishing logistics partnerships is crucial for the successful export of lithium, which is essential for various industries, including electric vehicles and renewable energy [1]
Critical Metals (NasdaqGM:CRML) Update / briefing Transcript
2026-01-22 14:02
Summary of Critical Metals Corp Update Call Company Overview - **Company**: Critical Metals Corp (NasdaqGM:CRML) - **Industry**: Rare Earth Elements and Lithium Mining - **Key Projects**: Tanbreez (Greenland) and Wolfsberg (Austria) - **Recent Developments**: Rapid evolution into a development-stage mining company since its NASDAQ listing in February 2024 [3][4] Key Points from the Call Tanbreez Project Update - **Drilling Results**: Confirmed exceptional grades with concentrate grades upgraded to over 3% total REE oxides [5] - **Technological Achievements**: Independent lab testing validated processing methodology and concentrate grades [4] - **Gallium Discovery**: Significant gallium mineralization discovered, essential for semiconductors and aerospace applications [7][8] - **Geopolitical Context**: The project is positioned as a solution to the global supply chain challenges posed by China's dominance in rare earths [8][9] Strategic Partnerships - **Offtake Agreements**: 100% of mining production covered by offtake agreements with various partners, including Eucor (10%), ARIALOYS (15%), and a Romanian joint venture (50%) [4][6][15] - **Saudi Arabia Joint Venture**: A 50/50 joint venture to construct and operate a rare earth processing facility, enhancing non-China global processing capacity [13][14] Financial and Operational Highlights - **Funding**: Secured an EXIM Bank letter of intent for up to $120 million and completed $85 million of PIPE financing from strategic institutional investors [4][20] - **Capital Estimates**: Expected capital costs for the Tanbreez project range between $800 million and $1 billion [12] - **Operational Efficiency**: A mobile geochemical analysis center will enhance exploration efficiency and reduce reliance on off-site laboratory processing [17][18] Wolfsberg Project Update - **Lithium Mine**: Europe's first fully licensed lithium mine with a production target set for 2027-2028 [21] - **BMW Offtake Agreement**: Secured a $15 million prepayment from BMW, validating the strategic importance of the lithium supply chain in Europe [22] - **Legal Proceedings**: Ongoing legal appeals regarding environmental assessments, with confidence in the project's strong environmental profile [22] Future Outlook - **2026 Goals**: Focus on operational excellence, safety, and community partnerships in Greenland, with pilot plant commissioning scheduled for May 2026 [24] - **Resource Development**: Continued drilling to delineate and upgrade resources, with expectations of producing significant pre-production concentrate by mid-2026 [30] Environmental and Social Governance (ESG) - **Sustainability Initiatives**: Tanbreez aims to be one of the cleanest mines globally, utilizing zero chemical dry magnetic separation and potential hydropower for operations [10][11] - **Local Engagement**: Commitment to hiring and training local Greenlandic personnel for project operations [20][19] Additional Important Information - **Market Positioning**: Critical Metals aims to establish itself as a cornerstone of the non-Chinese rare earth supply chain, with a focus on securing critical material supply for defense, aerospace, and clean energy sectors [24] - **Long-term Strategy**: The company is exploring offtake-linked payments and engaging with multiple governments for financing options, ensuring a robust financial foundation for future developments [21][20] This summary encapsulates the critical insights and developments discussed during the Critical Metals Corp update call, highlighting the company's strategic initiatives and future outlook in the rare earth and lithium mining sectors.
Elektros Begins Talks With Global Shipping Firms to Expedite Lithium Shipments From Sierra Leone to the United States
Accessnewswire· 2026-01-22 12:45
Core Viewpoint - Elektros Inc. has initiated discussions with international freight and logistics providers to establish shipping solutions for transporting hard-rock lithium from Sierra Leone to the United States [1] Group 1: Company Developments - Elektros Inc. is a developer of lithium mining operations located in Sierra Leone [1] - The company is currently engaging with multiple global shipping and freight-forwarding firms to secure competitive pricing and evaluate transit timelines [1] - An initial export of two containers of raw, hard-rock lithium material is planned [1] Group 2: Industry Context - The discussions with logistics providers indicate a growing interest in the transportation of lithium, which is critical for battery production and other applications [1] - The focus on efficient shipping solutions reflects the increasing demand for lithium in various industries, particularly in the context of the electric vehicle market [1]
Q2 Metals Extends Known Mineralized Zone with 179.2 Metre Intercept of 1.24% Li₂O at the Cisco Lithium Project
Globenewswire· 2026-01-22 12:00
Core Viewpoint - Q2 Metals Corp. has reported positive analytical results from its 2025 drill program at the Cisco Lithium Project, indicating significant growth potential and the upcoming delivery of an inaugural inferred Mineral Resource Estimate in Q1 2026 [2][3]. Exploration and Drilling Results - The 2025 Drill Program included a total of 74 drill holes, amounting to 31,961 meters, with ongoing drilling focused on infill drilling to upgrade inferred resources to indicated status [4][7][29]. - Drill hole CS25-065 revealed a mineralized pegmatite interval of 179.2 meters at an average grade of 1.24% Li2O, extending the known Mineralized Zone to the north [4][16]. - Drill hole CS25-057 encountered a 49.8-meter interval averaging 1.41% Li2O, consistent with previous drilling results [4][16]. - The Exploration Target published in July 2025 estimated potential lithium mineralization of 215 to 329 million tonnes at grades ranging from 1.0% to 1.38% Li2O based on the first 40 holes drilled [6][28]. Future Plans and Objectives - The company aims to complete an inaugural Preliminary Economic Assessment by late 2026, with a primary focus on upgrading the inferred mineral resources [3][29]. - The ongoing exploration program will also test areas surrounding the Mineralized Zone to further assess the project's potential [17][29]. Corporate Developments - Q2 Metals has granted stock options and performance share units to its directors and officers as part of its Equity Incentive Plan, aimed at aligning interests with shareholder value [20][21]. - The company is actively participating in upcoming industry events, including the Vancouver Resource Investment Conference and the Prospectors & Developers Association Convention [23].
Adelayde Exploration Joins the National Defense Industrial Association (NDIA)
TMX Newsfile· 2026-01-22 08:01
Core Viewpoint - Adelayde Exploration Inc. has joined the National Defense Industrial Association (NDIA) to enhance its critical and strategic mineral portfolio, particularly in the context of national security and the growing importance of lithium resources [1][2]. Group 1: Membership Benefits - By joining NDIA, the company gains access to extensive resources, including advanced research, strategic policy advocacy, and networking opportunities with industry leaders through exclusive events [3]. - The membership is expected to facilitate the advancement of the company's critical minerals projects, particularly the McGee lithium clay deposit [4]. Group 2: Project Details - The McGee lithium clay deposit spans 1,136 acres and has a mineral resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent (LCE), totaling 2,092,000 tonnes of LCE [4][10]. - The deposit is strategically located adjacent to SLB (formerly Schlumberger) and Century Lithium Corp., enhancing its potential for collaboration and development [4]. Group 3: Market Context - Lithium prices have reached two-year highs, increasing over 150% since June 2025, indicating a renewed investor interest in the lithium sector [5]. - The resurgence in attention towards domestic lithium resources has been influenced by significant developments, such as the U.S. government's investment in Lithium Americas' Thacker Pass Lithium Mine [5]. Group 4: Future Outlook - The company plans to be very active in advancing its critical minerals work programs throughout 2026 and beyond, supported by sufficient cash reserves to execute its planned initiatives [5].
Elevra Lithium December 2025 Quarterly Report Advisory and Change of Presentation Currency
Globenewswire· 2026-01-21 15:11
Group 1 - The company Elevra Lithium Limited will release its December 2025 Quarterly Activities Report on January 28, 2026 AEDT [1] - An investor webcast will be held on the same day at 10.30am AEDT to discuss the quarterly results [1] - Retail shareholders and investors can participate in the webcast and submit written questions [2] Group 2 - Elevra has changed its presentation currency from Australian dollars to United States dollars effective July 1, 2025 [4] - This change aims to align with the predominant currency of revenue generation, providing clearer performance insights by reducing foreign exchange volatility [5] - The December 2025 Quarterly Report and FY26 Half-Year financial results will be presented in USD, with historical information also included for comparison [6]
Ex-BHP Executive to Become Minister as Chile Seeks Copper Boost
MINT· 2026-01-20 19:35
(Bloomberg) -- Lea la nota en españolA former BHP Group executive will become Chile’s next mining minister, taking charge of efforts to expand copper and lithium production in the country with the largest reserves in the world of both metals.Santiago Montt resigned as chief executive officer of Los Andes Copper Ltd. to join the cabinet of President-Elect José Antonio Kast, the Vancouver-based junior miner said in a statement Tuesday.Mining companies are betting Kast’s pro-business agenda will help accelerat ...
Elektros Inc. Outlines Strategic Objectives Moving Forward
Accessnewswire· 2026-01-20 19:15
Core Viewpoint - Elektros Inc. is reaffirming its commitment to advancing lithium operations in Sierra Leone to meet the growing global demand for critical battery materials essential for electric vehicles and energy storage solutions [1] Company Focus - The company is strategically focused on lithium operations, which are crucial for the production of batteries [1] - Elektros Inc. aims to align its objectives with the accelerating demand in the electric vehicle and energy storage sectors [1] Industry Context - There is an increasing global demand for critical battery materials, driven by the rise in electric vehicle adoption and the need for energy storage solutions [1]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Sigma Lithium Corporation - SGML
Globenewswire· 2026-01-20 18:14
Core Viewpoint - Sigma Lithium Corporation is under investigation for potential securities fraud and unlawful business practices, following a downgrade by Bank of America due to unresolved operational and liquidity issues [1][3]. Group 1: Investigation and Legal Actions - Pomerantz LLP is investigating claims on behalf of Sigma Lithium investors regarding possible securities fraud or other unlawful business practices [1]. - Investors are encouraged to contact Pomerantz LLP for more information about the class action [2]. Group 2: Stock Performance and Analyst Downgrade - On January 8, 2026, Bank of America downgraded Sigma Lithium from Neutral to Underperform, citing unresolved operational and liquidity issues [3]. - Following the downgrade, Sigma Lithium's stock price decreased by $2.36 per share, or 15.07%, closing at $13.30 per share on the same day [3].
永兴材料(002756.SZ):锂云母绿色智能高效提锂综合技改项目达产
Ge Long Hui A P P· 2026-01-20 09:01
Core Viewpoint - Yongxing Materials (002756.SZ) has successfully completed the installation, debugging, and testing of its lithium mica green intelligent and efficient lithium extraction project, achieving full production capacity and meeting all key performance indicators as per project design requirements [1] Group 1 - The lithium mica project has reached its production capacity and key indicators as planned [1] - The project is part of Yongxing Materials' efforts to enhance its lithium extraction capabilities [1]