Talison Lithium Inc.(TSE:TLH) reports its first quarter production results for its Greenbushes lithium mine, Western Australia. The press release is quoted as saying: The following highlights are for the Greenbushes Lithium Operations for the first financial quarter ended September 30, 2010: Lithium concentrate production of 80,729 tonnes (~12,000 tonnes lithium carbonate equivalent (“LCE”)), representing a 24% [...]
Salares Lithium(CVE:LIT) & Talison Minerals report a merger to combine their respective lithium assets and create the world’s largest, publicly traded lithium production and exploration company. The merger will combine Talison’s world class lithium minerals production in Australia with Salares’ prospective, large scale lithium brines exploration project in Chile. Upon completion of the proposed transaction, the combined entity will [...]
During a recent conference call with management, Chief Executive Officer Todd Hilditch explained that The TEM survey lines were extended beyond the boundaries of the salar Las Parinas on to areas covered by alluvial and volcanic material. It represents the potential of a considerable tailwind for Salares Lithium, since no other exploration company has been able to prove the extension of a brine horizon beyond the surface yet.
The catastrophic news of a large earthquake in central and south Chile on the morning of February 27, did not have any demonstrative impact on the lithium industry. The week has actually resulted in a number of positive developments for both lithium consumers and producers.
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