Pilbara Minerals Ltd. (ASX:PLS) announced that it has signed a non-binding Heads of Agreement to buy five tenements at Pilgangoora that together make up the Pilgangoora tantalum-lithium project.
Articles Tagged "Lithium Company News"
Li3 Energy Inc.'s (OTCBB: LIEG) Maricunga project has been selected independently by signumBOX as the fourth-best undeveloped lithium project in the world out of the 37 other brine projects.
Lithium Americas Corp. (TSX:LAC) has received gross proceeds of approximately $18.55 million before expenses as a result of the successful closing of its over-subscribed rights offering through the issuance of 77,308,481 common shares at a subscription price of C$0.24 per common share.
Bacanora Minerals Ltd. (TSXV:BCN) announced that it has signed a definitive joint venture agreement with Rare Earth Minerals plc (LSE:REM) regarding the San Gabriel, Buenavista and Megalit concessions. It will supercede a previous memorandum of understanding between the companies.
Western Lithium USA Corporation (TSX:WLC,OTCQX:WLCDF) received approval from the Bureau of Land Management ("BLM") Winnemucca District of Nevada for the Kings Valley Mine Final Environmental Assessment ("EA").
Pure Energy Minerals (TSX:PE, FWB:AHG) has entered into a mutual cooperation agreement with Phoenix Water, an Australia-based technology company with proprietary processing technologies for lithium and other by-product minerals.
Bacanora Minerals Ltd. (TSXV:BCN) announced the receipt of analytical results from five drill holes completed recently in the lower clay unit of its Mexico-based La Ventana concession. In all of them, the company intersected "[s]ignificant lithium-bearing intervals."
Lithium Corp. (OTCQB:LTUM) announced that the Bureau of Land Management has approved its application to amend its permit on the Nevada-based San Emidio lithium property.
Bloomberg reported that according to Goldman Sachs Group Inc. (NYSE:GS), the battery factory that Tesla Motors Inc. (NASDAQ:TSLA) is planning may require up to 17 percent of current lithium output. That's good news for the lithium market, which is currently facing oversupply.
Western Lithium USA Corporation, (TSX:WLC, OTCQX:WLCDF) has received a milestone payment of US$1.5 million pursuant to the Royalty Purchase Agreement with Orion Mine Finance (Master) Fund I LP, the company's largest shareholder and a major New York investment fund, to be put towards building the planned Lithium Demonstration Plant expected to be operational in the fourth quarter of 2014