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MORE NEWS BELOW. assays not that far away folks. (I think a CR...

  1. J8
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    MORE NEWS BELOW. assays not that far away folks.

    (I think a CR is coming very soon, possibly with the next announcement….  because we want 100% of this project and are going to have to stump up something for the new Uranium Project as well. I’m not fussed as this is going to get somewhere… a matter of when and how this can be invested/traded. )

    Livista Energy and CAA Mining collaborate to process lithium in Ghana

    The proposed facility will be equipped to convert spodumene sourced in Ghana into an intermediary lithium chemical.

    February 6, 2023


    Livista expects the European facility to start operations in 2026. Credit: Janno Nivergall from Pixabay.


    European lithium refiner Livista Energy and African miner CAA Mining have teamed up to build a conversion facility in Takoradi, western Ghana, reported Reuters.

    The proposed facility will be equipped to convert spodumene, a mineral with lithium content, into an intermediary lithium chemical. The spodumene for the facility will be produced in Ghana.

    The intermediary lithium chemical would then be exported for further refining to the company’s European plant.


    Ghana Minerals Commission CEO Martin Kwaku Ayisi was cited by the news agency as saying that the new lithium refining facility would provide employment opportunities in Ghana and deliver new sources for the country’s gross domestic product.


    CAA Mining had already received a licence to mine in the area next to Atlantic Lithium’s Ewoyaa lithium deposit, which is currently in the development phase.


    The Ewoyaa project is estimated to hold 14.5 million tonnes (Mt) at 1.31% Li₂O.

    Livista expects the European facility to start production in 2026.

    In recent years, demand for lithium, which is a key component of electric vehicle (EV) batteries, has risen as countries look to transition towards green energy.

    Last year, Reuters reported that Atlantic Lithium plans to commence production at its lithium mine in Ghana by the second half of next year.

    Atlantic Lithium interim CEO Lennard Kolff was cited by the news agency as saying that the mine could generate around $5bn in revenue over its operational life.
 
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