Cobre Montana NL
(soon to be renamed Lithium Australia) has signed an exclusive lithium technology option
with Perth’s Strategic Metallurgy Pty Ltd for new
processing license agreements, 15 months earlier than
ASX-listed Cobre has locked in a
conditional 25 year agreement over a processing technology capable of
recovering lithium from mica group minerals. The exclusive
rights cover lithium processing technology in Western Australia
(WA)and on two additional projects of the
company’s choosing, either in Australia or
The company also announced the completion of a continuous
10-day mini-plant test run, producing 99.5% pure lithium carbonate from lithium-based
mica concentrate taken from the Lepidolite Hill deposit in
The lithium carbonate will now be sent for commercial
evaluation and potential product endorsement by end
Meanwhile, in an update on the upcoming pre-feasibility study
(PFS) at its Sonora lithium project
in Mexico, TSX-V and AIM-listed Bacanora Minerals
has begun a 4,000 metre drilling
programme on the Fleur and El Sauz concessions, intended to
significantly increase the
indicated mineral resources within the project.
’s CEO, Peter Secker, stated that he is
that the PFS will confirm both the significant potential of
Sonora lithium project as a large, scalable, long life lithium
resource, and also indicate the strength of its commercial
Rare Earth Minerals Plc (REM) announced that
it has increased its interest in the Cinovec lithium deposit
in the Czech Republic
, through its enlarged shareholding in European Metals
(EMH) – which now stands at 11.08%.
close to the German border, Cinovec is a mica-based deposit.
While 100%-owned by EMH, it is currently pending a joint
venture (JV) with Cobre Montana.
The deposit has an inferred resource of 5.5m tonnes lithium
carbonate equivalent (LCE) at 0.43% Li2O and an
additional exploration target of up to 5.3m tonnes
The share increase, one of a number conducted in recent months,
comes on top of another earlier this month in which REM
increased its ownership of EMH to 9.61% from the 6.65% it
purchased in late June.
Houston Lake Mining Inc.
(HLM) announced a further Canadian dollar (C$) 450,000
($353,671*) in financing through the sale 2.5m common shares. The company is
currently seeking to advance its PAK Lithium Project in
northwest Ontario, Canada, and proceeds from the sale of shares
are to be used in furthering the project’s
In a recent press release, HLM stated that the deposit is one
of the highest grade lithium deposits in North America, with a
current indicated resource of 2.45m tonnes 1.81%
Li2O equivalent and an inferred resource of 5.91m
tonnes 2.01% Li2O equivalent.
Euronext Paris (EPA)-listed specialty chemicals and advanced
materials company, Arkema SA and Canadian
(through its subsidiary SCE France) have announced a
partnership deal for the creation of a joint research and
development laboratory in the energy storage sector.
The laboratory will work primarily on the creation of a new
generation of materials for the manufacture of lithium-ion
(Li-ion) batteries. Specifically, it will work on developing
new electrolytes – solvents, lithium salts, and others
– and conduction agents including carbon nanotubes and
Finally, California-based Gridtential Energy
Inc. has announced its selection by the US Department
of Energy (DoE) to pursue validation analysis of its Silicon
Recent independent tests have confirmed that the
company’s silicon-based approach to advance
traditional lead acid significantly improves battery
performance, while using 40% less lead.
This positions the technology as a potential solution to solar
technology’s requirement of two to four hour grid
storage applications and thus could represent both a safe and
economic alternative to Li-ion batteries.
*Conversion made July 2015