{"id":27335,"date":"2019-01-22T08:25:33","date_gmt":"2019-01-21T21:55:33","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=27335"},"modified":"2019-01-22T14:46:47","modified_gmt":"2019-01-22T04:16:47","slug":"core-lithium-nt-mb0908","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/core-lithium-nt-mb0908\/","title":{"rendered":"Core Scores NT Lithium Mining Lease"},"content":{"rendered":"<p><a href=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/core-lithium-nt.png\"><img decoding=\"async\" class=\"aligncenter size-large wp-image-27336\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/core-lithium-nt-1024x676.png\" alt=\"Core Lithium - Northern Territory\" width=\"1024\" height=\"676\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/core-lithium-nt-1024x676.png 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/core-lithium-nt-300x198.png 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/core-lithium-nt-768x507.png 768w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/core-lithium-nt.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<p>South Australian headquartered Core Lithium says it is on its way to becoming the first lithium producer in the Northern Territory.<!--more--><\/p>\n<p>Lithium is a key material in the production of batteries for <a href=\"https:\/\/www.solarquotes.com.au\/blog\/category\/electric-vehicles\/\">electric vehicles<\/a> and renewable energy storage applications such as <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/comparison-table\/\">solar batteries<\/a>.<\/p>\n<p>Australia has significant lithium deposits, with most of the <a href=\"https:\/\/www.solarquotes.com.au\/blog\/lithium-hydroxide-wa-mb0891\/\">mining activity occurring in Western Australia<\/a> to date. That could soon change, with Core Lithium announcing yesterday it had received an offer from the Northern Territory&#8217;s government for the NT&#8217;s first-ever lithium mineral lease. It covers the Grants Deposit and would run for a term of 20 years.<\/p>\n<p>The Grants Deposit forms a critical part of the company&#8217;s <a href=\"https:\/\/corelithium.com.au\/finniss-lithium-project\" target=\"_blank\" rel=\"noopener\"> Finniss Lithium Project<\/a> near Darwin. In fact, it&#8217;s pretty much on Darwin&#8217;s doorstep, situated 24km south of Darwin&#8217;s CBD (as the crow flies) and 22km west of Berry Springs. It&#8217;s close to grid power, gas, rail and sealed road access to <a href=\"https:\/\/www.darwinport.com.au\/\" target=\"_blank\" rel=\"noopener\">Darwin Port<\/a>; Australia\u2019s nearest port to Asia.<\/p>\n<p>A Heads of Agreement (basically an agreement about an agreement) has already been signed with Darwin Port for capacity to export up to 1 million tonnes per annum of spodumene (a mineral consisting of lithium aluminium inosilicate) direct shipping ore, or up to 250,000 tonnes per annum of spodumene concentrate.<\/p>\n<p>The timing of the mineral lease offer came as a pleasant surprise to Core, as it was awarded three months earlier than the company anticipated.<\/p>\n<p>As to when the first lithium could be produced:<\/p>\n<blockquote><p>\u201cThe Definitive Feasibility Study on Grants is expected to be delivered by the end of the March quarter, with first production at the Finniss Lithium Project on-track for the end of 2019,&#8221; <a href=\"https:\/\/wcsecure.weblink.com.au\/pdf\/CXO\/02067915.pdf\" target=\"_blank\" rel=\"noopener\">said<\/a> Core\u2019s Managing Director, Stephen Biggins.<\/p><\/blockquote>\n<p>Processing of the mined material will be performed on site using Dense Media Separation to produce benign concentrate. The company states no chemicals will be used in the processing &#8211; only water; which will also be used for dust suppression. The will be drawn via pipeline from Observation Hill Dam (an old mining dam), which is within the project area. Core says there are no plans for using groundwater for processing.<\/p>\n<p>Core says the Finniss project is expected to create 50-100 jobs<sup class='endnote'><a href='https:\/\/www.solarquotes.com.au\/blog\/core-lithium-nt-mb0908\/#en-27335-1' id='enref-27335-1' onclick='return hhEndnotes_show(27335)'>1<\/a><\/sup>, with workers predominantly sourced locally.<\/p>\n<p>Core Lithium has already signed a <a href=\"https:\/\/wcsecure.weblink.com.au\/pdf\/CXO\/02019556.pdf\" target=\"_blank\" rel=\"noopener\"> one million tonne binding offtake agreement<\/a> with one of China&#8217;s largest lithium producers, Yahua, and a non-binding Term Sheet with Shandong Ruifu Lithium Co Ltd for up to 150,000 tonnes lithium concentrate offtake per year.<\/p>\n<p><a href=\"http:\/\/www.mining.com\/australia-takes-chile-worlds-no-1-lithium-producer\/\" target=\"_blank\" rel=\"noopener\"> Australia overtook Chile<\/a> as the world\u2019s largest lithium producing nation in 2017, however that lead may be short-lived with Chile also ramping up operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Australian headquartered Core Lithium says it is on its way to becoming the first lithium producer in the Northern Territory.<\/p>\n","protected":false},"author":17,"featured_media":27336,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-27335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - 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As the world shifts to renewable energy, huge quantities of lithium will be needed for the production of energy storage solutions - everything from home batteries to electric cars.\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Core's Finniss lithium mine - Northern Territory","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/core-finniss-lithium.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/core-finniss-lithium.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/core-finniss-lithium.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/core-finniss-lithium.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/10\/core-finniss-lithium.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":69429,"url":"https:\/\/www.solarquotes.com.au\/blog\/nt-lithium-export-mb2774\/","url_meta":{"origin":27335,"position":2},"title":"NT&#8217;s First Lithium Export Readying To Set Sail","author":"Michael Bloch","date":"January 2, 2023","format":false,"excerpt":"The first lithium product from Core Lithium\u2019s Finniss mine in the Northern Territory should soon be making its way into EV and other batteries. Adelaide headquartered Core Lithium became the first producer in the Northern Territory after the NT Government awarded the Territory's first-ever lithium mineral lease to the firm\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Northern Territory's first lithium export","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/lithium-export-nt.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/lithium-export-nt.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/lithium-export-nt.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/lithium-export-nt.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/01\/lithium-export-nt.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":74661,"url":"https:\/\/www.solarquotes.com.au\/blog\/core-lithium-finniss\/","url_meta":{"origin":27335,"position":3},"title":"Core Lithium Cleared to Open Second Mine in Northern Territory","author":"Richard Chirgwin","date":"May 12, 2023","format":false,"excerpt":"Core Lithium, which opened its first lithium mine in the Northern Territory last October, has received government approval to open a second operation. The Northern Territory Government yesterday announced the approval of the BP33 mine, the second at the Finniss Lithium operation near Darwin. BP33 will be an underground mine\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"map showing finniss","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/05\/core-lithium-finniss.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":26977,"url":"https:\/\/www.solarquotes.com.au\/blog\/lithium-hydroxide-wa-mb0891\/","url_meta":{"origin":27335,"position":4},"title":"Site Works Start On WA Lithium Hydroxide Plant","author":"Michael Bloch","date":"January 9, 2019","format":false,"excerpt":"U.S. headquartered Albemarle Corporation has commenced site works associated with the construction of a lithium hydroxide manufacturing plant in the Kemerton Strategic Industrial Area, Western Australia. The plant is to be constructed on an 89 hectare site and will process spodumene ore concentrate sourced from the Talison Lithium Greenbushes operations,\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Lithium mining in Western Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/lithium-mining-wa.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/lithium-mining-wa.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/lithium-mining-wa.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/01\/lithium-mining-wa.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":66132,"url":"https:\/\/www.solarquotes.com.au\/blog\/australia-lithium-industry-mb2662\/","url_meta":{"origin":27335,"position":5},"title":"Sunny Days For Australia&#8217;s Lithium Industry","author":"Michael Bloch","date":"October 5, 2022","format":false,"excerpt":"Australian lithium exports will more than double in the next 5 years states a new Federal Government report, and the country could potentially soon snag a significant chunk of the lithium hydroxide production market. 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