Energy storage company owns lithium mine bridgetown

How much does it cost to acquire a lithium mine?

active and active lithium mining regions.Acquisition cost of $75k in cash and 4 million or nary HRZ shares, to Charter shareholders.The two acquired projects are granted Exploration Licences (E70/5980, E70/5981) located 5km north and 10km southwest of Bridgetown re

Who owns Greenbushes lithium?

IGO and Tianqi Lithium currently share a 49 per cent stake in the Greenbushes lithium mine, and Albemarle owns the balance. Greenbushes recorded a profit of about $6.3 billion in the 12 months ending December 31 2023. Subscribe to Australian Mining and receive the latest news on product announcements, industry developments, commodities and more.

How much lithium does Greenbushes lithium mine contain?

The mine is estimated to contain approximately 4.3Mt of lithium carbonate-equivalent (LCE). Conventional open-pit mining method involving drilling and blasting followed by load and haul is being used at the Greenbushes lithium mine.

Where is the biggest lithium mine in the world?

The Greenbushes mine in Western Australia is the biggest operating lithium mine in the world. MSPE is also constructing a new lithium chemical-grade plant (CGP2) at Talison Lithium Australia’s Greenbushes mine. Image courtesy of MSP Engineering.

How will the Greenbushes lithium mine expand?

The current expansion is referred to as stage three and stage four expansions of the Greenbushes lithium mine. Conventional open-cut method of mining will be applied in the expanded areas. The existing pits C1, C2, and C3 will be combined and expanded as a single open-pit by approximately 2.8km length, 1km width, and up to 450m depth.

Where will lithium mineral concentrates be exported?

Lithium mineral concentrates produced under the expansion project will be transported either to the Port of Bunbury or Fremantle for export. Lithium concentrate is also proposed to be supplied to either the under-construction Tianqi lithium processing plant in Kwinana or to Albemarle’s proposed lithium processing plant in Kemerton.