21 June 2024
21 June 2024
Tsingshan has been expanding its investments in Zimbabwe, encompassing ferrochrome, coking coal and lithium operations.
Sociedad Química y Minera de Chile (SQM) has to solely fund up to $19m (17.72bn pesos) in exploration spending over seven years for a maximum 70% stake in the Aero project.
Construction of the 1,000 tonnes (t) per month capacity Phase 1 plant is due to conclude this month.
The P2000 Project is said to yield 1.9 million tonnes per annum (mtpa) for first ten years, with more than 2mtpa during the initial six years post-ramp-up.
This month in our magazine: how hyperspectral imaging could improve remote prospecting, the environmental benefits of autonomous underground equipment, innovation in ore processing, a market outlook for bauxite, and more.
The project is expected to produce 5,000 tonnes per annum (tpa) of lithium in Phase 1, with a subsequent increase to 25,000tpa in Phase 2.
The status ensures that the next stages of the exploitation concession application (ECA) are prioritised and expedited.
The Silverboss property is poised for exploration for gold-silver, molybdenum and copper-gold-silver deposits.
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