Tag: lithium hydroxide

  • Cornish Lithium Announces 50% Resource Increase at Trelavour Lithium Project

    Cornish Lithium Announces 50% Resource Increase at Trelavour Lithium Project

    Cornish Lithium has announced a significant 50% increase in the JORC-compliant Mineral Resource at its Trelavour Lithium Project in Cornwall, following a year of extensive drilling, sampling, testing, and modelling.

    The updated resource now stands at 88.5 million tonnes grading 0.21% Li₂O, equivalent to 183.5 thousand tonnes of contained lithium oxide. This equates to 454.5 thousand tonnes of lithium carbonate equivalent (LCE), representing a 50% increase compared to the 2022 estimate. Importantly, the upgrade includes a maiden declaration of resources in the Measured and Indicated categories, boosting geological confidence in the deposit.

    CEO Jamie Airnes highlighted the importance of the milestone: “Today’s resource upgrade also provides a strong foundation for our Feasibility Study, which we expect to publish later this year, moving us closer to our Development Consent Order application and commercial production. This is one more step in Cornish Lithium’s plan to secure the UK’s critical minerals supply, jobs and industrial future.”

    The project benefits from its location in a former china clay pit, with resources extending from the surface, resulting in a low strip ratio. To date, more than 20,000 metres of drilling have been completed, including exploration and geotechnical holes.

    Cornish Lithium aims to produce 10,000 tonnes per year of battery-grade lithium hydroxide, with commercial production targeted for 2029. The project is designed as a fully integrated operation with proprietary low-carbon processing technology, ensuring independence from overseas refineries and alignment with the UK’s clean energy transition.

  • Cornish Lithium Lifts Trelavour Resource by 50%, Targeting 10,000 tpa LiOH for 20+ Years

    Cornish Lithium Lifts Trelavour Resource by 50%, Targeting 10,000 tpa LiOH for 20+ Years

    Cornish Lithium has announced a 50% increase in its JORC-compliant Mineral Resource for the Trelavour Lithium Project in Cornwall, following 12 months of additional drilling, sampling, testing, and modelling. The upgrade underpins plans to produce ~10,000 tonnes per year of battery-grade lithium hydroxide for at least 20 years and provides the platform for a Feasibility Study due by end-2025.

    The updated Mineral Resource stands at 88.5 Mt @ 0.21% Li₂O (equivalent to 183.5 kt Li₂O or 454.5 kt LCE), comprising 63.0 Mt Measured & Indicated and 25.5 Mt Inferred—a 50% increase versus the 2022 estimate. The resource extends from surface within a former china clay pit, implying a very low strip ratio.

    The update incorporates 18,616 m of Mineral Resource drilling (56 diamond, 88 RC holes), with more than 20,000 m completed across resource, exploration, and geotechnical programs. Cornish Lithium says the project is fully integrated, producing refined battery-grade lithium hydroxide domestically with no reliance on overseas refineries, utilising proprietary low-carbon processing technology now fully owned by the company.

    CEO Jamie Airnes welcomed the milestone as “one more step” toward securing UK critical minerals, jobs, and industrial capacity, noting the upgrade’s role in supporting the Development Consent Order (DCO) application and the path to commercial production from 2029. Planned next steps include completing the Feasibility Study and advancing permitting to keep the project on its targeted timeline.

  • BMW Transfers $15 Million to Critical Metals Corp. for Lithium Offtake

    BMW Transfers $15 Million to Critical Metals Corp. for Lithium Offtake

    Critical Metals Corp. (Nasdaq: CRML), a leading mining development company focused on critical metals and minerals for the green energy transition, announced today that Bayerische Motoren Werkte Aktiengesellschaft (BMW) has transferred US$15 million to ECM Lithium AT GmbH (ECM), a wholly-owned subsidiary of Critical Metals Corp. This payment is related to the offtake of battery grade lithium hydroxide (LiOH) from the Wolfsberg Lithium Project in Austria, which will be offset against lithium hydroxide delivered to BMW.

    “We are pleased to move our partnership with BMW forward and look forward to supporting the production of their electric vehicles in Europe in the years to come, contributing to a more sustainable and domestic battery supply chain,” said Tony Sage, CEO and Executive Chairman of Critical Metals Corp. “This pre-payment further strengthens our balance sheet and will allow us to further advance our development strategy.”

    About Critical Metals Corp. Critical Metals Corp (Nasdaq: CRML) is a leading mining development company focused on critical metals and minerals, producing strategic products essential to electrification and next-generation technologies for Europe and its partners. Its initial flagship asset is the Wolfsberg Lithium Project located in Carinthia, 270 km south of Vienna, Austria. The Wolfsberg Lithium Project is the first fully permitted mine in Europe and is strategically located with access to established road and rail infrastructure. It is expected to become the next major producer of key lithium products to support the European market. Wolfsberg is well-positioned with offtake and downstream partners to become a unique and valuable building block in an expanding geostrategic critical metals portfolio. The Company has a long-term offtake with a leading global automaker based in Europe and is expected to benefit from European Lithium’s JV with Obeikan Group. Additionally, Critical Metals Corp owns a 20% interest in prospective Austrian mineral projects previously held by European Lithium Ltd (ASX: EUR).

  • Rock Tech Lithium Receives Full Permits for Guben Refinery

    Rock Tech Lithium Receives Full Permits for Guben Refinery

    Rock Tech Lithium Inc. has announced the receipt of full permits for its planned lithium refinery in Guben, Germany. The Brandenburg State Office for the Environment granted final approval after an extensive review under the federal immission control act. This refinery is set to produce 24,000 tons of battery-grade lithium hydroxide annually.

    Dirk Harbecke, Rock Tech’s Chairman and CEO, highlighted the significance of this achievement, noting that it marks the first full-scale lithium refinery in Europe to be permitted without any appeals. He credited the team’s efforts and the support from Brandenburg authorities for this milestone.

    Rock Tech is a cleantech company operating in Canada and Germany, focusing on producing lithium hydroxide for electric vehicle batteries. The company plans to build lithium converters near its customers to ensure supply-chain transparency and just-in-time delivery. The Guben facility is the first, with a second converter planned for Red Rock, Ontario, Canada. Rock Tech sources raw material from its Georgia Lake spodumene project in Ontario and other responsible mines, aiming to include discarded batteries in the future. The company is committed to strict environmental, social, and governance standards and is developing a proprietary refining process for greater efficiency and sustainability.