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Showing posts from October, 2022

Lindsay Dudfield, Executive Director and CEO of Jindalee Resources Limited, Executed MOU with POSCO Holdings For Joint Research At McDermitt Lithium Project

JINDALEE RESOURCES LIMITED  (ASX: JRL) (Jindalee, the Company) is an Australian exploration company with Tier 1 lithium deposits in its portfolio in the United States. The Company’s core goals are to discover world-class mineral deposits and generate shareholder wealth. The United States is one of the largest marketplaces for lithium demand, and Jindalee is a leading company committed to help meet future demand. The Company is focussing efforts into developing its McDermitt lithium deposit. Jindalee Resources was listed on the Australian Securities Exchange (ASX) on 11th July 2002 and raised AUD 2.70 million. Now, it is a pure-play United States lithium company. Jindalee’s Projects: In June 2018, the Company acquired McDermitt and Clayton North, two lithium sediment projects in the United States. Both projects are 100% owned by HiTech Minerals Inc., a wholly owned, US-based subsidiary of Jindalee. Several factors attracted the Company’s interest in these projects including: Potentially
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Top 3 Rare Earth Stocks in Australia to invest in Considering Market Growth in 2022

  The total global demand for rare earth oxides is expected to increase from 208,250 metric tons in 2019 to approximately  304,678 METRIC TONS  by 2025. As of today, China is the world’s largest producer of  RARE EARTH ELEMENTS , accounting for half of the total global rare earth mine production.  However, given the dominance and concern for restrictions on the global supply of rare earth, superpowers like the  U.S. WANT TO DIVERSIFY  the sources and suppliers of critical metals outside China. Moreover, the Australian Government announced AUD  500 MILLION  ($360 million) in funding for  rare earth stocks  earlier this year to boost critical minerals’ output and to diversify supply for its allies.  It is an advancement in the Australian rare earth market and expands opportunities for rare earth companies.  What are Rare Earth Elements? The  Rare Earth Elements  (REEs) are 17 elements on the periodic table that include  Fifteen lanthanides (La–Lu):  Lanthanum (La), Cerium (Ce), Praseodym
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Emerging IPO in Battery Minerals Industry - Aeramentum Resources

Headquartered in Sydney, Australia,   Aeramentum Resources  Limited ( ASX: AEN ) was established to explore critical minerals and metals such as cobalt, nickel, copper, and gold through its ‘Treasure Project’, meeting the demands of the battery minerals market in Europe. The company primarily focuses on exploring   battery metals , including copper, nickel, and cobalt. Aeramentum Resources ( ASX: AEN ) owns tenements in the Republic of Cyprus, EU, a past major copper producer, with a history of copper mining dating back to the   4TH MILLENNIUM BC . The current focus of the company is to raise maximum funds of up to $6M through the  ASX IPO  offer to facilitate drilling and exploration projects. Aeramentum Resources IPO AERAMENTUM RESOURCES  ( ASX: AEN ) proposed its Initial Public Offering (IPO) with a minimum of  22,500,000  shares and a maximum of 30,000,000 shares at a price of $0.20 per share. The company aims to raise the cap between a minimum of  $4.5M  and a maximum of $6M. Mini
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Altech Chemicals Executes a Joint Venture Shareholders’ Agreement with Fraunhofer IKTS

  Altech Chemicals Limited (ASX: ATC) (“Altech” or “Company”) has  EXECUTED  a joint venture Shareholders’ Agreement with Fraunhofer IKTS (“IKTS”), the world-leading German institute focused on battery technology. Under the agreement, Altech will commercialize IKTS’ sodium alumina solid-state (SAS) battery, CERENERGY®. Altech, together with the Company’s associated entity, Altech Advanced Materials AG, will be the majority (75%) owners of the joint venture. The joint venture will commercialize a 100 MWh project on Altech’s land in Schwarze Pump, Germany, to produce the CERENERGY® batteries. SAS CERENERGY® Battery The CERENERGY® battery consists of a solid ceramic electrolyte tube that functions like the lithium-ion battery’s liquid electrolyte. The tube contains cathode granules comprising table salt and nickel. The tube gets flooded with sodium aluminium chloride (a conductive liquid) to ensure electrical contact between the granules and the ceramic. The setup is placed in a steel can
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Maiden Drilling Program Commencement at Eclipse’s Flagship Project

ECLIPSE METALS (ASX: EPM)  (‘Eclipse Metals’ or the ‘Company’) begins its  maiden drilling program  at Ivigtût (also referred to as Ivittuut) and Grønnedal projects. Earlier this year, the  COMPANY’S  multi-element  ASSESSMENTS  indicated various distinct  REE mineralisation  styles at Ivigtût and Grønnedal-Ika, ranging from light to heavy REE. Eclipse Metals is the first company to test the REE and multi-element potential at Grønnedal and Ivigtût. The maiden drilling program will be conducted at approximately  2,000M , following up on REE targets, and is expected to complete in October. The previous tenement holders focused on exploring the Ivigtût cryolite deposit. Surface Sampling Program Previous  SATELLITE IMAGERY ANALYSIS  over Eclipse Metals SW Greenland multi-commodity Ivigtût Project further highlighted magnetic anomalism and coincident REE mineralisation areas. ECLIPSE METALS  is said to undertake a surface sampling program in areas of interest defined by remote sensing surve
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