KALGOORLIE MINER: $200m lithium injection

KALGOORLIE MINER: $200m lithium injection

KALGOORLIE MINER: $200m lithium injection

Lithium is poised to become a key plank of Kalgoorlie-Boulder’s mining economy, following minerals developer Neometals’ decision to base a proposed $200 million lithium refinery in the WA gold capital. Neometals boss Chris Reed yesterday revealed the company had executed a two-year option to sub-lease a 40ha industrial estate at West Kalgoorlie, on the northern side of Great Eastern Highway, for the 10,000 tonne-a-year lithium hydroxide plant. Speaking at the Growing Kalgoorlie-Boulder 2018 Economic Development Conference in Perth, Mr Reed said the proposed site was well situated, 70km from its part-owned Mt Marion lithium mine, and provided an opportunity to minimise costs while capitalising on the lithium market rise.

Rush into lithium processing shows no sign of slowing

Battery materials company Neometals is on the hunt for an off-take partner after selecting a site near Kalgoorlie for the latest lithium hydroxide plant slated for construction in Western Australia. Neometals has signed an option agreement with the City of Kalgoorlie-Boulder to sublease a 40 hectare site for a 10,000 tonne-a-year lithium hydroxide plant. It is estimated such a plant would cost close to $200 million to build and bring total potential processing capacity in WA to more than 200,000 tonnes a year. 

Australian initiatives to challenge China on lithium processing

WA-based lithium miner Neometals is evaluating the prospects of constructing a lithium hydroxide plant near Kalgoorlie, announcing to the ASX earlier this week the appointment of Germany’s M+W Group to conduct an engineering study for the plant. Neometals, which has offtake agreements in place with Ganfeng for production for the first stage of operations at its Mt Marion mine, is expected to make a final decision on whether to go ahead with the facility early next year. The company is seeking to build the processing facility to gain a cost advantage over its competitors, particularly in transport, shipping and duty savings.

Global car makers racing for lithium

Neometals managing director Chris Reed said, like electric vehicles, lithium had become an extremely China-centric story, largely because most of the world’s lithium processing capacity was located in China, or was controlled by Chinese companies. Ramping up processing and manufacturing capacity by Chinese players, Mr Reed said, had made lithium one of the most active spots in WA’s minerals sector in recent years, with three new mines coming online last year and another five expected to start producing by the end of 2019.

Lithium Miner Eyes Even Greater Riches in Piles of Battery Waste

Recycling lithium material from used electric vehicle batteries promises to be even more profitable than mining the increasingly valuable metal, according to an Australian producer building a test facility in Canada. Perth-based Neometals Ltd. is working to recover raw materials including lithium, cobalt, nickel and copper from expired batteries at a facility in Montreal, aiming to add production from recycling to its existing output from mining. “What we are hoping to prove in the pilot plant is that it does provide a better net margin,” Chief Operating Officer Mike Tamlin said in a phone interview. “The numbers look far and away better than if you are doing a primary extraction from an ore.â€.

How lithium-ion electric car batteries could still power your home once they’ve run out of zap

Beyond a second life, the batteries can also be recycled, with 95 per cent of the components able to be reused. That is a solution Perth-based lithium miner Neometals is pursuing, with the company building its own recycling plant in Canada. Neometals managing director Chris Reed stands and smiles with the company’s reception area in the background. Neometals managing director Chris Reed says the miner is joining the recycling game. “It’s really a cradle-to-grave solution at Mount Marion [mine], we are producing the lithium units and then recycling,” Neometals managing director Chris Reed said.

A Look At The Lithium-Ion Battery Recycling Industry And Companies

As lithium-ion (Li-ion) batteries continue to electrify our world, over 11 million tonnes of spent Li-ion batteries will be discarded through to 2030. This means a very significant opportunity exists for Li-ion battery recycling. Neometals has co-developed a Li-ion battery recycling technology to economically recover high-value cobalt (99.2% recovery). Recently, the company has constructed a recycling hydrometallurgical pilot plant in Ontario, Canada where wet commissioning has commenced. The plant will complete continuous test work at a rate of 100kg/day of batteries, testing the recovery of high-purity cobalt, lithium, nickel and other base metals from lithium batteries typically used in the electric vehicles (Lithium-Nickel-Manganese-Cobalt or NMC).

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