16 January 2025
16 January 2025
Lithium production could potentially commence by 2027.
The two companies have established a 50:50 joint venture (JV), named Vicuña Corp., which will operate independently.
The deal’s completion is contingent upon regulatory and shareholder approvals and an equity raise to finance the purchase, among other stipulations.
As part of the agreement, Hummingbird will pay the settlement in two instalments.
The seizure, which occurred over the weekend, reportedly involved approximately three tonnes (t) of gold.
The four contracts involve providing haulage and site services across four operations in the Goldfields region.
The survivors will face charges related to illegal mining as well as immigration violations.
After years of deindustrialisation, France is contriving a battery boom for both gigafactories and domestic lithium production to serve them – but what are the hurdles that stand in the way of mineral developers?
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