News

Lithium: Chinese companies continue to advance ROW lithium project ties

Minera Salar Blanco (MSB), part owner of the Maricunga Joint Venture with Bearing Lithium and Lithium Power International, has entered into a non-binding memorandum of understanding (MOU) with Sichuan Fulin Industrial Group to explore co-operation opportunities.  This includes a potential equity purchase in MSB ranging from 20–50% and a funding… Read more

Batteries: CATL seeks RMB13Bn (US$2Bn) in IPO to finance growth

Contemporary Amperex Technology Co. Ltd. (CATL) of China plans to list on the Growth Enterprise Market (GEM) and raise RMB13.12Bn (US$2Bn). By publicly issuing 217M shares, accounting for 10% of capitalization after the offering, CATL’s value would be over RMB130Bn (US$19.5Bn).  The market value of CATL was only RMB84Bn in… Read more

Chrome: Timmins city bid to host Noront Resources ferrochrome smelter

Roskill View: Canadian Noront Resources operates in Ontario, within the so-called the Ring of Fire, which includes chromite deposits acquired in 2015 and 2016. Once Noront Resources completes development of its flagship Eagle’s Nest Ni-Cu-PGE mine, the next projects on its horizon are the Blackbird and Black Thor chromite deposits.… Read more

Gecko Salt plans 1Mtpy expansion

Gecko Salt, a subsidiary of Gecko Namibia, is planning to expand its capacity to 1Mtpy, although no further details were announced as to the time frame or investment required. The company currently perates a salt plant located at Cape Cross some 120km north of Swakopmund in Namibia.  The operation is… Read more

NEW NISSAN LEAF

Electric cars: European regulation setting the pace for carmakers

Roskill view: Since the introduction of the EURO regulations in 1993 to control transport emissions, the European Union has been marking the way for global automakers.  Although initially the reduction of emissions targets was somewhat progressive for gasoline cars, for diesel cars the reductions have considerably accelerated in recent years,… Read more

Manganese

Manganese: High prices have boosted supply

Figures from the International Manganese Institute (IMnI) suggest that in the first nine months of 2017, manganese ore supply rose 28% on 2016 levels.  IMnI data also indicates that high carbon ferromanganese supply was up 19.6% year-on-year. Roskill view: This growth in output is related to sustained high prices and… Read more

Terrafame

Nickel sulphate: Terrafame looking to produce battery-grade material

Finnish group Terrafame is considering investment in a new production plant that could produce about 150,000tpy of nickel sulphate and 5,000tpy of cobalt sulphate.  Terrafame has completed a feasibility study on the battery chemicals production and is now proceeding to detailed planning.  It is aiming to make a final investment… Read more

Bacanora Minerals

Lithium: Bacanora gains licence for Zinnwald

Bacanora Minerals, a lithium project developer, has announced that its jointly controlled company Deutsche Lithium, has been granted a mining licence for its Zinnwald lithium project, in Southern Saxony, Germany. The 30 year licence covers the 256.5 hectares of the Sn/W/Li granite deposit . The Zinnwald deposit has been mined… Read more