Tag: Lithium

Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has made its second shipment from its Grota do Cirilo mine in Brazil, after trucking 15,000 tonnes of battery-grade spodumene concentrate and 30,000 tonnes of byproducts to Vitoria Port in Brazil. The company reached first production at its processing plant in April.

Facing more restrictive foreign investment policies in developed markets, China is expected to continue building its influence over key minerals such as lithium and cobalt across the developing world, according to S&P Global.

Cornish Lithium, a start-up that attracted the interest of the battery metals sector with its plans to open a lithium mine in the UK, has warned it could go bust if it fails to secure capital injection of around $17 million (£10.2 million).

Securing investment for lithium brine projects rests on convincing investors of both the resource size and quality, and its strong net present value (NPV). Access to accurate and trustworthy data at the exploration stage and proper and timely advice is also crucial.