Proactive’s Post

Centrex Limited (ASX:CXM) is pleased to announce that its wholly-owned subsidiary, Agriflex Pty Ltd, has entered in a Memorandum of Understanding ('MOU') with Lithium Australia Limited to pursue growth opportunities in the rapidly growing LFP Battery Market. The MOU follows ongoing initiatives by Centrex to maximise the cashflow potential of its high-grade and low-impurity Ardmore Rock Phosphate Mine in Queensland. The MOU envisages Centrex providing phosphoric acid to a LFP or LMFP demonstration plant owned by Lithium Australia, which will produce 250tpa of LFP or LMFP. Following the successful operation of this LFP/LMFP demonstration plant, construction of a commercial plant with an estimated capacity of 25,000tpa of LFP/LMFP is contemplated. The required quantity of phosphoric acid for the operation of the demonstration plant and commercial plant are estimated to be 200-300tpa and 20,000-30,000tpa respectively. Centrex believes there is an opportunity to establish a domestic LFP battery supply chain that can leverage Australia's significant production base of lithium. The Australian Government's recent decision to include phosphorous on its Strategic Minerals List also underscores the potential for establishing a domestic LFP battery operation. Such an operation would provide greater security of supply globally in light of China's current dominance in the market. Read more here: https://lnkd.in/g9iK-Rdv #ASX #Lithium #phosphate

Firebird Metals Limited (ASX:FRB, OTC:FRBMF) is moving closer to realising its vision of becoming a global #manganese industry leader having made a number of key achievements in the past 12 months with more coming on the road to near-term high-purity manganese sulphate (MnSO4) production. In a letter to shareholders, Firebird managing director Peter Allen reflected on a period of “remarkable transformation and progress” and outlined plans for the next six months, stating: “Our commitment to entering the high-purity manganese sulphate market is central to our vision for this new era, recognising its critical role in the growing clean energy sector.” He said that through extensive research and networking in Australia and China, Firebird had identified the immense potential of lithium manganese iron phosphate (LMFP) batteries, a technology renowned for its benefits in safety, cost and performance. More at #Proactive #ProactiveInvestors #ManganeseSulphate #LMFPBatteries #LithiumBatteries #BatteryMetals #CriticalMinerals http://ow.ly/7J6S105AHlY

🇨🇳 🇺🇸 "China’s Capchem to Build USD350 Million Lithium-ion Battery Chemicals Plant in US" 🇵🇱 🇳🇱 (Yicai) May 22 -- Chinese fine chemical products supplier Capchem Technology intends to invest USD350 million to build a plant in the United States to meet the demand from the North American market and deepen cooperation with long-term strategic clients. The new plant, located in Ascension Parish in the US state of Louisiana, will have an annual production capacity of 200,000 tons of carbonate ester solvent and 100,000 tons of lithium-ion battery electrolyte materials, the Shenzhen-based company announced yesterday, without disclosing the construction schedule and other details about the project. Capchem will use its own funds or raise part of the money from third-party investors to finance the plant, the firm added. The local government in the US has greed to provide Capchem with USD71.3 million in tax exemptions or reductions for up to..... 👉 Article: https://lnkd.in/dpPYb3ti 🌍 🌎 🌏 TA RawMaterials: https://lnkd.in/d_Np2KpZ (supported by EIT RawMaterials) #lithium #lithiumionbatteries #louisiana #criticalminerals #batteries #investment #renewables #mining #evs #batterymetals

Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) and its partner Mineral ResourcesLimited (MinRes) have made further progress towards commercialising the LieNA® #LithiumProcessingTechnology with the final stage of piloting completed at ANSTO to produce #LithiumPhosphate product. The final stage began in June 2024 and analysis of the pilot plant performance and #lithium phosphate produced is in progress. LIT has also received a further ~A$1.2 million, the fourth drawdown of the A$4.5 million convertible note issued by MinRes to fund the demonstration plant engineering study, which remains on track for completion this year. Under the agreement with MinRes, a key milestone in LieNA® piloting is the production of lithium phosphate derived from spodumene concentrate provided by MinRes. More at #Proactive #ProactiveInvestors #LithiumMining #BatteryMetals #CriticalMinerals #LithiumProcessing http://ow.ly/V72R105BEWf

The Cathode Precursor Production Pilot Plant (C4P), coming out of the Future Battery Industries Cooperative Research Centre C4P Project, has received a 12-month funding extension, announced by Mines and Petroleum Minister David Michael MLA, ensuring the continued development of Australia’s battery industry in Western Australia. This $1.49M investment, made through the Future Battery Industries Cooperative Research Centre Core Participant Minerals Research Institute of Western Australia (MRIWA), supports the C4P's ongoing operation whilst demonstrating Western Australia's processing capabilities in the production of precursor Cathode Active Material (pCAM) - a key component for the global battery supply chain. As one of few such facilities worldwide, the C4P plays a vital role in advancing local manufacturing and critical minerals processing, backed by a Curtin University, CSIRO and MRIWA partnership. Refer to this link for the Minister’s statement: https://lnkd.in/g2YGKhhm #FBICRC #poweringaustralia #batteryresearch Department of Industry, Science and Resources #BatteryInnovation #CriticalMinerals

Have you heard of High Purity Alumina(#HPA)? From powering #LED lighting to driving #EV innovation and producing sapphire glass for your smartphones, high-purity alumina is essential for tomorrow's technologies. Dr Mike Jones, Managing Director of Impact Minerals Limited (ASX: IPT), took the mic to talk about the immense potential for HPA and their Lake Hope project with James Whelan. As Impact Minerals strives for environmental stewardship and high HPA output quality, join us for an in-depth conversation into their ambitions to establish a prominent presence in this specialised sector. Impact Minerals is focused on the Lake Hope HPA Project in Western Australia, where they are pioneering cost-efficient #mining methods to revolutionise HPA production. Strategically located in Kwinana, the project minimises environmental impact by design, with a small footprint and no on-site beneficiation, while maximising output quality. With proximity to key providers of chemical reagents and markets for valuable by-products like #fertilisers and acids, the project also ensures strategic advantages and cost savings on both #capex and #opex. Subscribe to IPT's Chairman's List or contact us for investment opportunities in Impact Minerals. https://lnkd.in/esHGdSsh #StockstoWatch #ImpactMinerals #ASX #InvestmentOpportunity #InvestmentHighlights #HighPurityAlumina #mining #NetPresentValue #MiningNews

Albemarle Corporation Pauses Kemerton Lithium Hydroxide Trains Awaiting Market Improvement Aug 9, 2024Source: Shanghai Metals Market On 1 August, Albemarle announced Q2 2024 earnings and cost review strategy to adapt to the current challenging situation in the industry. Albemarle reported Q2 sales volumes of 53,000 tons of LCE, achieving net sales of US$830 million with a decrease from US$933 million in the previous quarter. Regarding the realized price of lithium chemicals, Albemarle said approximately two-thirds of the 2024 estimated volumes are sold under index-referenced, variable-priced contracts typically including a three-month lag. The margins in its lithium chemicals sector are anticipated to reach their lowest point in Q3 but should improve in Q4 as the lower cost of spodumene offsets new facility ramp costs. The company is initiating a comprehensive review of its cost and operating structure, which includes placing Kemerton Train 2 into care and maintenance and halting construction on Train 3, which consequently leads to a 300-headcount cut in Kemerton. The management says the shift towards carbonate-based batteries, particularly for LFP technology, has been a factor in the Kemerton decision. Now the company will focus on Train 1 for better optimization, ensuring more efficient ramp-up and operation before considering Train 2. According to previous disclosure, each Train in Kemerton can produce approximately 25,000 tons of lithium hydroxide per year. There are external concerns about whether Albemarle needs new financing instruments, especially given the current challenging market environment. Albemarle's management asserted that the company could weather the downturn using its balance sheet.

Albemarle Corporation Pauses Kemerton Lithium Hydroxide Trains Awaiting Market Improvement Aug 9, 2024Source: Shanghai Metals Market On 1 August, Albemarle announced Q2 2024 earnings and cost review strategy to adapt to the current challenging situation in the industry. Albemarle reported Q2 sales volumes of 53,000 tons of LCE, achieving net sales of US$830 million with a decrease from US$933 million in the previous quarter. Regarding the realized price of lithium chemicals, Albemarle said approximately two-thirds of the 2024 estimated volumes are sold under index-referenced, variable-priced contracts typically including a three-month lag. The margins in its lithium chemicals sector are anticipated to reach their lowest point in Q3 but should improve in Q4 as the lower cost of spodumene offsets new facility ramp costs. The company is initiating a comprehensive review of its cost and operating structure, which includes placing Kemerton Train 2 into care and maintenance and halting construction on Train 3, which consequently leads to a 300-headcount cut in Kemerton. The management says the shift towards carbonate-based batteries, particularly for LFP technology, has been a factor in the Kemerton decision. Now the company will focus on Train 1 for better optimization, ensuring more efficient ramp-up and operation before considering Train 2. According to previous disclosure, each Train in Kemerton can produce approximately 25,000 tons of lithium hydroxide per year. There are external concerns about whether Albemarle needs new financing instruments, especially given the current challenging market environment. Albemarle's management asserted that the company could weather the downturn using its balance sheet.

💥Proposed Lithium Sulphate Plant Joint Venture 1️⃣ #MARU, announces that it is finalising negotiations with a Chinese battery manufacturer and its current lithium offtake partner, for the establishment of a new joint venture partnership at the Blesberg Lithium and Tantalum Mine located in the Northern Cape Province in the Republic of South Africa. 2️⃣ The proposed Joint Venture is planned in respect to the commissioning, financing, and operation of a lithium acid leaching plant to produce an intermediate #lithium product for use in the manufacture of lithium batteries and other high value #lithium products. 3️⃣ Discussions have been ongoing between the parties for the past several months, extensive testwork has been undertaken in China on material produced from Blesberg and detailed engineering and process design work has also been completed along with detailed operating and capital costs reviews and economic analyses for the operation of a lithium acid leaching processing plant ("Lithium Sulphate Plant"). 4️⃣ The Company expects the Joint Venture documentation to be formally completed in Q4 2024, with the plant anticipated to be commissioned in H2 2025, and sales of a high-value lithium sulphate to follow. Read RNS 📃➡ https://lnkd.in/du_qasZt #MARU #Batterymetals #AfricaInvest #Lithium #Lithiumsulphate #SouthAfrica #BlesbergMine

𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗛𝘆𝗱𝗿𝗼𝘅𝗶𝗱𝗲 𝗳𝗼𝗿 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟭. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 The research report offers an overview of the development of the Lithium Hydroxide for Battery industry chain, assessing the market status of Lubricants (Industrial Grade, Battery Grade) and Consumer Electronics (Industrial Grade, Battery Grade). It highlights key enterprises in both developed and developing markets, analyzing cutting-edge technology, patents, hot applications, and market trends of Lithium Hydroxide for Battery. 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐨𝐟 𝗟𝗶𝘁𝗵𝗶𝘂𝗺 𝗛𝘆𝗱𝗿𝗼𝘅𝗶𝗱𝗲 𝗳𝗼𝗿 𝗕𝗮𝘁𝘁𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/g-ZF2Zay *𝗕𝘆 𝗧𝘆𝗽𝗲: Industrial Grade, Battery Grade, Other *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Lubricants, Consumer Electronics, Traffic, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: FMC Corporation, SQM Lithium, Simbol Mining Corp, Tianqi Lithium Corporation, Jiangxi Ganfeng Lithium Co.,Ltd #lithiumhydroxide #batterytechnology #energy #materials #innovation