TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) told shareholders that Ganfeng Lithium has officially commenced production at the Mariana Lithium salt-lake project in Argentina, marking a significant milestone for the company, which holds a 1.5% net smelter return (NSR) royalty on the project. Ganfeng, one of the world's leading lithium producers, held a ceremony last week, to celebrate the start of formal production at the first phase of the Mariana project.
The lithium market has been in a severe bear market. Delays in major projects like Zijin Mining's 3Q Project could roughly balance the market from 2026 to 2028. Booming EV and BESS sales, if they continue, could cause large lithium deficits from 2029 onwards. Strong lithium demand and potential deficits set up a favorable scenario for patient investors in quality junior lithium miners over the next 5-7 years.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) is opening a retail share offer, via the Bookbuild platform, to raise additional funding. It comes after last week's £2.4 million equity raise – which sold 15 million new shares priced at 16p.
China's Ganfeng Lithium has officially started production at its Mariana lithium project in Argentina. The new facility, with an investment of $790 million, is designed to produce 20,000 tonnes of lithium chloride annually, sourced from the Llullaillaco salt flat extraction.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) is on the brink of generating significant royalty revenue as its stake in Ganfeng Lithium's Mariana lithium project in Argentina heads toward commercial production, Fundamental Research analysts believe. The analysts have raised their share price target for TNR from $0.24 to $0.28 per share, highlighting the imminent cash flow potential from this strategic investment.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) confirmed it has raised £2.4 million of new equity with proceeds earmarked for key projects, including its pre-feasibility study at the Laguna Verde in Chile. The company, in a statement, said it will issue around 15 million new shares priced at 16p.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11), in a statement, noted recent press speculation regarding progress to the ratification of the Ewoyaa project's Mining Lease by the Ghana Government. Atlantic Lithium said: “The company and government agencies are actively engaged in discussions regarding the ratification of the Mining Lease and advancing Ewoyaa,” Atlantic Lithium said.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) announced that it has successfully implemented process enhancements at its Lithium Extraction Facility in Amargosa Valley, Nevada, marking a key milestone for its wholly owned Angel Island project near Silver Peak. The company said these advancements, developed in collaboration with Amalgamated Research (ARi), have improved the efficiency of its Direct Lithium Extraction (DLE) system.
Lithium Americas Corp holds a significant share in potentially the world's largest high-grade lithium deposit, with strong future growth prospects tied to EV adoption. The Thacker Pass project, backed by a joint venture with General Motors, is crucial for LAC, significantly de-risking the project and securing funding. LAC's projected annual lithium carbonate production of 160,000 tonnes by 2040, coupled with a bullish outlook on lithium prices, suggests substantial long-term upside.
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) recently released promising drill results from its Rincon West project. The company has completed its 14th exploration well on the western block and has observed consistent lithium concentrations ranging from 277 to 379 mg/L.
Ganfeng Lithium's new lithium chloride production plant in Argentina, is set to officially open on February 12, marking a significant milestone in the Mariana Lithium Project. The plant, a subsidiary project of China's Ganfeng Lithium Group, will initially produce 20,000 tons of lithium chloride annually.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) revealed an updated mineral resource estimate for its Ewoyaa lithium project in Ghana to take account of increased feldspar content, which it intends to supply to the local ceramics market. The updated MRW showed 36.8 million tonnes (Mt) at 41.9% feldspar at Ewoyaa.