Talison Lithium, a partnership between China’s Tianqi and U.S. group Albemarle, obtained an environmental approval for the A$516-million ($361m) expansion of the Greenbushes mine in Western Australia.
Talison Lithium Mining News
The expansion, on top of a $238 million upgrade due for completion in April, will double the mine’s production to 1.95 million tonnes a year of lithium concentrate a year from 2020.
Trial dates have been set to determine whether expansion at the Greenbushes mine, in which Tianqi Lithium holds a stake, would impact its mineral rights.
What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.
Talison Lithium Limited ("Talison") (TSX:TLH) announces its preliminary production and sales results for the three and nine months ended March 31, 2011 from its Greenbushes lithium operations in Western Australia (the "Greenbushes Lithium Operations").For the three months ended March 31, 2011, production increased 33%, and sales increased 74% over the three months ended March 31, 2010.