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Don't have an account? Click here to register.Rare Earth unearths battery-grade lithium carbonate in Czechia
Tue, 13th Dec 2016 11:05
(ShareCast News) - Battery grade lithium carbonate has been produced from Rare Earth Minerals' part-owned Cinovec lithium project in the Czech Republic. The explorer reported that more than 99.5% of pure lithium carbonate has been manufactured from mica-concentrate using a sodium sulphate roast-based flow-sheet, a simplified version of the technology currently used by lithium carbonate plants to convert spodumene concentrate to lithium carbonateAbout 87% of roast recoveries have been achieved and roasting reagent has been recycled back to the roast, which has lowered costs.The AIM-listed company conducted minimal leaching of unwanted impurities, resulting in simpler precipitation of battery grade lithium carbonate.It has also started production of lithium carbonate samples for offtake and end user testing.Rare Earth, through its interest in European Metals Holdings, holds a 20.76% stake in Cinovec, which the company claims has the largest lithium resource in Europe and one of the largest undeveloped tin resources in the world.Chief executive Kiran Morzaria said: "We are extremely pleased with the progress being made at Cinovec. The production of battery grade lithium from a well-established process route is a significant milestone in the commercialisation of the largest lithium deposit in Europe."Shares in Rare Earth Minerals were up 4.4% to 0.522p at 1122 GMT.
More News
16 Nov 2016 14:12
Rare Earth Minerals posts positive drilling results from Cinovec
(ShareCast News) - Rare Earth Minerals reported the analytical results for the confirmation drill holes CIW-13, CIW-14 and CIW-18 at the Cinovec Lithium-Tin-Tungsten Project on Wednesday. The AIM-traded company holds a 17.64% economic interest in the project, increasing to 20.84% following its annua
Read more8 Nov 2016 16:40
Rare Earth Minerals upbeat on latest Cinovec drilling results
(ShareCast News) - Rare Earth Minerals reported the analytical results for a further two drill holes CIW-07 and CIW-08 at the Cinovec Lithium-Tin-Tungsten Project on Tuesday. The AIM-traded firm currently holds a 17.64% economic interest in the project through its direct equity stake in European Met
Read more1 Nov 2016 12:59
Rare Earth Minerals granted further licenses at Czech mine
(ShareCast News) - AIM-listed miner Rare Earth Minerals has been granted further licenses for its Cinovec lithium tin project in the Czech Republic. Chief executive Kiran Morzaria said: "The granting of these licenses has secured 100% of the known mineralisation of the Cinovec ore body and adjacent
Read more21 Oct 2016 13:44
Rare Earth Minerals investment locates lithium
(ShareCast News) - Rare Earth Minerals reported on Friday that one of its investments, Macarthur Minerals, has located lithium in Nevada in the basin adjacent to Clayton Valley with surface grades up to 145.5 ppm lithium. The AIM-traded firm owns a 15.5% shareholding in Macarthur Minerals. TSX-list
Read more6 Oct 2016 14:54
Rare Earth Minerals shares fall on Cinovec drilling results
(ShareCast News) - Rare Earth Minerals reported on Thursday that European Metals Holdings, in which it owns a 20.92% shareholding, has announced analytical results for two confirmation drill holes CIW-19 and CIW-20 at the Cinovec Lithium-Tin-Tungsten Project. The AIM-traded firm said the two drill h
Read more20 Sep 2016 12:56
Rare Earth Minerals increases stake in Bacanora Minerals by £4.5m
(ShareCast News) - Rare Earth Minerals, an investment company which focuses on lithium and rare element deposits, increased its stake in Bacanora Minerals to 19.8% with an 'on market' deal worth £4.5m. The AIM listed company agreed to buy a further 4.5m shares in the Mexican lithium miner for £4.5m,
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