North American lithium producer Sayona Mining Ltd. has reaffirmed its strategic partnership with Piedmont Lithium to develop the North American Lithium operation in Quebec, Canada, following the announced share sale by Piedmont Lithium of its shareholding in Sayona Mining Ltd.. Piedmont announced on 21 February 2024 it had agreed to sell 1,152.2 million Sayona shares for A$0.052 per share. The sale price represented a [...]
North American lithium producer Sayona Mining Ltd. announced today a Definitive Feasibility Study that demonstrates the value of its Moblan Lithium Project, forming the centrepiece of the Company's Eeyou Istchee James Bay Hub in northern Quebec, Canada. Moblan is owned 60% by Sayona and 40% by Investissement Quebec. Key Points: - Annual production rate of 300ktpa spodumene concentrate over 21-year Life of Mine via open [...]
North American lithium producer Sayona Mining Ltd. has appointed a new independent Non-Executive Director, highly experienced mining executive Lucas Dow, a move that further strengthens the Board and allows for significant enhancement of the Company's corporate governance practices. Mr Dow has a proven track record of outstanding performance across a diverse range of businesses, commodities and geographies, skills which [...]
It was a strong operational quarter for Sayona Mining Ltd. , with ore mined and concentrate production at NAL increasing compared to the prior quarter. NAL produced 34,237 dry metric tonnes of concentrate at the target quality of 5.5% Li2O, up 9% on the previous quarter, while major capital projects such as the Crushed Ore Dome were advanced. The NAL team continues to explore options to optimise production processes, with [...]
North American lithium producer Sayona Mining Ltd. is conducting an operational review of its North American Lithium operation in collaboration with its joint venture partner, seeking to optimise NAL's cost structure in response to rapidly changing conditions in the global lithium market. The review is focusing on opportunities to reduce NAL's cost base, manage cash flow and preserve the Quebec operation's financial [...]
Sayona Mining Ltd. has evolved over the past year from a developer into a producer of valuable spodumene concentrate in North America. The successful restart of operations at North American Lithium , which was completed on-time and within budget, paved the way for the joint venture's inaugural shipment and cash proceeds from customers in August 2023. This has been an enormous achievement, and I would like to thank [...]
North American lithium producer Sayona Mining Ltd. announced today the results of the Company's review of Sayona's strategy to become a leading global supplier of high-quality lithium chemicals, supporting global decarbonisation efforts and the energy transition. As part of the strategic review, Sayona's Interim CEO and the Board of Directors toured operations at the North American Lithium project and reviewed other [...]
North American lithium producer Sayona Mining Ltd. has identified multiple, high-grade lithium intercepts from recent drilling at the Company's North American Lithium operation in Quebec, Canada, including new mineralised zones outside the current Definitive Feasibility Study pit shell. The results from 57 new drillholes totalling 14,350m have significantly increased the potential for a resource upgrade at the current [...]
Sayona Mining Ltd. is an ASX 200 listed company with a vision to support the global decarbonisation drive by sustainably producing high quality lithium products. We are a purpose-led organisation that is committed to ensuring our projects are sources of pride for our host communities. We are actively contributing to the electrification of transport and the fight against climate change. The successful restart of production [...]
Sayona Mining Ltd. continues to ramp-up of operations at North American Lithium , resulting in a quarterly record for spodumene concentrate production of 31,486 dry metric tonnes. Completion of maiden shipments of spodumene concentrate by NAL to customers, with three vessels departing port during the quarter. Advanced major capital projects at NAL, including the Crushed Ore Dome and Tailings Storage Facility 1 designed to [...]
North American lithium producer Sayona Mining Ltd. announced today the results from 41 new drillholes totalling 8,925 metres at its Moblan Lithium Project , highlighting the expansion potential of the project located in Quebec's highly prospective Eeyou-Istchee James Bay region. The latest drilling results include the identification of high-grade lithium mineralisation outside the Mineral Resources estimate pit shell [...]
North American lithium producer Sayona Mining Ltd. announced today receipt of the first cash proceeds for its North American Lithium operation in Quebec, Canada following the inaugural shipment of spodumene concentrate to the international lithium market. NAL is jointly owned by Sayona and Piedmont Lithium . The initial cash payment has now been received by NAL for its first shipment of approximately 20,500 wmt of [...]
