Lithium battery project in Windhoek

Will Namibia become a manufacturing hub for battery metals?

Namibia's ambitions to become a manufacturing hub for battery metals key to the global transition to clean energy will require huge investments in infrastructure to support processing facilities, mining executives said on Wednesday.

Why is the Karibib Lithium Project important?

The Karibib Lithium Project holds historical significance, potentially being the first known lithium reserve discovered in Namibia in the 1930s, with mining activities dating back to the 1950s by the Klochner Group of Germany.

What is lepidico doing with Karibib lithium?

Lepidico has announced the commencement of site works for the Karibib Lithium Project, with mining operations scheduled to commence in early 2025. The project encompasses the Helikon and Rubicon mines and is poised to create significant employment opportunities.

How many hours did Desert Lion invest in a lithium project?

“The report culminates over 7,000 hours of exploration, engineering, test work and economic assessment as part of our plan to continue de-risking the project and develop a world-class lithium company,” said Tim Johnston, Desert Lion’s Chief Executive Officer.

What does NI 43-101 mean for Desert Lion Energy?

Completed by Hatch Ltd and MSA Group, the report details the preliminary economic assessment (PEA) for the project, covering mining, concentrate and lithium carbonate production. “Filing of the NI 43-101 technical report represents another significant milestone for Desert Lion Energy.

What does Traxys Europe do for a lithium hydroxide project?

Situated on Farm Okongava 72, owned by the Namibian Government, the project has secured an offtake agreement with Traxys Europe for 100% of lithium hydroxide production volume from Phase 1. Traxys will provide comprehensive sales, marketing, logistics, and trade finance services for seven years, with an option to extend.