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E-Tech Resources, a rare earth exploration and development company developing its Eureka Rare Earths Project in Namibia, has entered into a definitive agreement to acquire an 85% interest in exclusive prospecting license 8748 (EPL 8748). The project is situated next to the national B1 highway in the Erongo Region of Namibia.
Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75
In addition to the Lindi Jumbo Project, Walkabout is also exploring in south west Tanzania at the Amani Hard Rock Gold Project and southern Namibia at the Eureka Lithium Project. Roskill notes that Lindi Jumbo is one of a number of Australian-backed flake graphite projects worldwide, many of which are focused on Africa.
Of the critical battery minerals, cobalt is the one with which Africa captures the largest share of the upstream mining. Namibia recently banned exports of non-beneficiated ores of critical minerals including lithium following in the footsteps of Zimbabwe, which passed similar legislation in December last year.
Meanwhile, needle coke is being increasingly diverted into the battery market. Batteries underpin growth in natural graphite. Both synthetic and natural graphite compete for use in lithium-ion battery anodes, along with an increasing amount of needle coke and other existing carbon materials.
I got dressed, grabbed a battery-powered lantern and stepped out into the night. Response to news of the program was fairly immediate, said Mr. Brigagliano. “So Hoping for the best, I set my alarm for 3:30 a.m., around the time the outer regions of the Milky Way appear in the Northern Hemisphere (given the right conditions).
These carmakers’ names were significant because the battery in an electric vehicle contains at least a few kilograms of cobalt , a metal that some hope one day to extract from the seabed—to the chagrin of many environmentalists. These actions take place where marine life is far more abundant than at the great depths where nodules form.
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