[Brunswick Exploration Significantly Expands Greenland Spodumene Pegmatite District]
Brunswick Exploration Inc. is pleased to announce the identification of the largest known spodumene pegmatite belt in Greenland to date. The discovery of multiple new spodumene-bearing pegmatites significantly expands the Ivisaartoq spodumene pegmatite district, first delineated last year within the company's Nuuk license area, with the overall strike length now extending to approximately 2 kilometers.
This exploration result highlights the company's consistent systematic exploration approach. Brunswick Exploration is currently planning and evaluating the optimal timing to initiate a comprehensive drilling program at Ivisaartoq.
To date, the company has confirmed at least eight pegmatite outcrops concentrated within a mineralized zone approximately 2,000 meters long and 300 meters wide, which remains open in all directions. This spodumene-bearing zone lies within the envelope of a larger, highly favorable geochemical anomaly measuring approximately 3 kilometers by 1.5 kilometers, which also contains numerous highly differentiated pegmatite dikes. The company believes there is potential for the discovery of additional spodumene pegmatites, both at surface and at depth, within this zone, the larger geochemical anomaly envelope, and throughout the broader South Ivisaartoq trend, which has a strike length of approximately 20 kilometers.
The surface expressions of the spodumene outcrops vary in size, ranging from approximately 5 to 400 meters in length and 2 to 40 meters in width. Lithium mineralization is dominated by spodumene, occurring from sparse concentrations up to approximately 50%, with white to pale green crystals measuring 1 to 40 centimeters. This is accompanied by minor amounts of other lithium-bearing minerals, including holmquistite in the wallrock, elbaite, and lepidolite. The company has commenced preparations for the first drilling program at Ivisaartoq to test the newly discovered outcropping pegmatites.
Spodumene mineralization in all newly discovered outcrops has been confirmed by portable X-ray fluorescence (pXRF) and laser-induced breakdown spectroscopy (LIBS) detection. Grab samples and channel samples have been sent to ALS Laboratory in Dublin, Ireland for analysis, and thin sections will also be prepared for mineralogical studies. As drilling progresses, the scale, occurrence, and overall grade of the pegmatites will be further defined.
Source: Junior of mining
[Mexico's PEMEX Plans Lithium Extraction from Oilfield Brine]
Mexico's state-owned oil company, Petróleos Mexicanos (PEMEX), is exploring the extraction of lithium from oilfield brine to diversify its investment portfolio and advance the country's energy transition.
In the 2025–2030 strategic plan released last month, Chief Executive Officer Victor Rodríguez revealed that the company had detected high concentrations of lithium resources in drilling operations spanning five states, with grades comparable to those found in Bolivia.
PEMEX is evaluating direct lithium extraction (DLE) technology to separate lithium and process it into lithium carbonate or lithium hydroxide, which are essential for batteries and clean energy technologies.
According to the plan, PEMEX may establish a new subsidiary, PEMEX Lithium, dedicated to producing so-called "petrolithium"—lithium derived from petroleum brine. This move aligns with President Claudia Sheinbaum's strategy to promote energy diversification and resource sovereignty.
Sheinbaum views the expansion of the company's lithium business as a deliberate way to reduce reliance on oil production, refining, and fuel sales, while opening up new revenue streams.
The plan is expected to facilitate cooperation between PEMEX and the national lithium company LitioMx, following the trend of global oil giants investing in the lithium industry to position themselves for future development.
Mexico is estimated to hold lithium reserves of 1.7 million mt. Although this is less than other lithium-producing countries in Latin America, 82 deposits have been identified across 18 states, with the highest grades found in Sonora, Puebla, and Oaxaca. With proper investment and development, Mexico is poised to secure a significant position in the global lithium market.
Source: mining.com
[Argentina Lithium & Energy Corp. and Ganfeng Lithium Group to Establish New Joint Venture]
August 12, 2025 – Argentina Lithium & Energy Corp. (TSXV: LAR) is pleased to announce that it has signed a framework agreement with Ganfeng Lithium Group Co., Ltd. ("Ganfeng Lithium") to jointly establish a new joint venture company. This venture will integrate Ganfeng Lithium's wholly-owned Pozuelos-Pastos Grandes project, Argentina Lithium's 85%-owned Pastos Grandes project, and its 65%-owned Sal de la Puna project (collectively, the "PPG Project"). Upon completion of the transaction, Ganfeng Lithium will hold a 67% stake in the PPG Project, and Argentina Lithium will hold 33%, with the ownership percentages based on a comprehensive assessment of resources, capital contributions, and technical input.
To date, Argentina Lithium and Ganfeng Lithium have collectively invested approximately $1.8 billion in the aforementioned PPG Project for acquisition and development.
Project Details:
The current development plan involves a three-phase construction, with each phase having a capacity of 50,000 mt LCE, targeting a total maximum capacity of 150,000 mt LCE per year. A feasibility study is currently underway. This study will evaluate two product routes—lithium carbonate and lithium chloride—to provide greater flexibility for battery market applications, and will employ a hybrid process of "direct lithium extraction (DLE) + solar evaporation" to scale up and improve efficiency. The feasibility study results are expected to be released by the end of 2025 and will be used to support the application for the RIGI (Incentive Regime for Large Investments), which is planned to be formally submitted in H1 2026.
Both parties are jointly seeking financing solutions to advance subsequent development, including negotiating off-take agreements with potential customers and strategic partners, introducing minority equity investors, and project financing.
Details of the New Joint Venture:
Under the framework agreement, the parties have committed to immediately initiate a series of tasks to establish the legal and commercial foundation for the new joint venture, including: (i) finalizing definitive agreements comprehensively setting out the core commercial terms for the new joint venture, including a shareholders' agreement or equivalent, operating agreement, off-take agreement, and technology licensing agreement; (ii) completing the formulation of the overall development plan; and (iii) finalizing the loan agreement for debt financing. Each of the above items constitutes a necessary prerequisite for establishing the new joint venture, in addition to other customary conditions, including obtaining regulatory approvals and approvals from applicable stock exchanges. The new joint venture is expected to complete closing in Q1 2026.
Source: Junior of mining
[Albemarle Says Lithium Chile Plant Resumes Normal Operations After Last Week's Incident]
Albemarle Corporation's lithium processing plant in La Negra, Chile, has resumed normal operations following an "incident" last week. Previously, a local legislator revealed that authorities had launched an investigation.
Albemarle stated that the incident caused no injuries and is not expected to affect sales of lithium products used in manufacturing lithium-ion batteries, but provided no further details. It remains unclear whether the plant was briefly shut down last week, and Albemarle did not disclose details of the incident.
Chilean Deputy Jaime Araya, representing the Antofagasta region where the plant is located, sent letters last week to Chile's mining regulator and labor department requesting an inspection of the plant. This followed complaints he received about a burst pipeline transporting acid.
Araya said on Tuesday that he had been notified that labor inspectors had initiated an investigation into the matter.
A source familiar with Albemarle's operations said such investigations are standard procedure and that the plant is currently operating normally. Another source added that the issue only involved one storage tank.
At noon on Tuesday, Albemarle's stock price dropped slightly to $80.14 per share.
Source: mining.com
