Rare Earth Minerals (LSE:REM) has confirmed the presence of at surface lithium-bearing clay units in northern Mexico.
Lithium Company News Directory
Bacanora Minerals Ltd. (TSXV:BCN) staked new lithium targets surrounding the Company's La Ventana lithium deposit and the El Sauz and Fleur concessions that are under joint venture with Rare Earth Minerals Plc (REM). Bacanora Minerals also signed a Memorandum of Understanding (MOU) with REM that allows REM to participate in the exploration and development of Megalit, as well as the Company's Buenavista and San Gabriel concessions.
Houston Lake Mining Inc. (TSXV:HLM) has completed an NI 43-101 maiden mineral resource estimate for the PAK Rare Metals Project, located in northwestern, Ontario.
Bloomberg reported that the world's largest lithium product producer, Rockwood Holdings, has agreed to form a joint venture with China's Chengdu Tianqi Industry Group, giving the company a stake in Australian lithium mining unit: Talison Lithium.
Bacanora Minerals Ltd. (TSXV:BCN) declared new inferred resources for potassium, rubidium, cesium, magnesium and strontium within the resource previously estimated for lithium on the El Sauz and Fleur concessions. The lower clay unit shows significant enrichment in alkali metals in comparison to the upper clay unit.
Canada Lithium Corp.(TSX: CLQ, OTC:CLQMF) has achieved continuous production of lithium carbonate from the company's open-pit mine near Val d'Or.
Canada Lithium Corp. (TSX:CLQ,OTC:CLQMF) closed a bought deal public offering for aggregate gross proceeds of approximately $14.4 million
Northern Graphite (TSXV:NGC) has teamed up with Coulometrics LLC to manage the development of its proprietary technologies for manufacturing spherical graphite (SPG) and improving the performance of lithium ion batteries. The company's main focus will be the development of nano-material based surface coatings for the SPG, which is manufactured from flake graphite concentrate.
Li3 Energy, Inc. (OTCBB:LIEG) entered into a Memorandum of Understanding (MOU) with a Chilean Investment group on October 30, 2013.