Elektros announced it has begun talks with Lithium mining project in Sierra Leon, Africa. Elektros announced it has begun discussions regarding potential stake or development agreement for virgin Lithium mining project located in Sierra Leon, Africa.
Africa-Press – Sierra-Leone. Africa has considerable lithium resources, boasting 5% of the world’s total reserves. Lithium is an essential element for the energy transition and is used in a variety of applications including batteries for electric vehicles and energy storage systems.
Developed and operated through a joint venture between mining companies Leo Lithium and Jiangxi Ganfeng Lithium the total capital cost for the project will exceed $320 million and will target spodumene concentrate production in the first half of 2024. Karibib Lithium Project, Namibia
Karibib Lithium Project, Namibia With total production over the Karibib lithium project’s life-of-mine cycle estimated at 773,000 tons over 14 years, lithium concentrate produced from the mine will be shipped to a planned chemical plant with a production capacity of 56,700 tons per year of lithium concentrate in the United Arab Emirates.
Operated by mineral exploration company AVZ Minerals the Manono lithium project is poised to produce roughly 700,000 tons per year of high-grade lithium over its 20-year mine life.
Situated approximately 150km from Mali’s capital city of Bamako, the Goulamina lithium project is projected to produce 142.3 million tons of 1.38% grading lithium oxide over its lifespan of 21 years.