lithium battery

The Northern Territory Government has granted a mineral lease for a new lithium mine located around 36km from Berry Springs.

The project is being developed by Lithium Developments (Grants NT) of Core Lithium.

Lithium is a vital ingredient in lithium-ion battery technology, used in electric vehicles and energy storage, and the present boom in demand for the resource is expected to continue.

No chemicals are required to turn lithium ore into concentrate, which will be processed at the site then shipped by road to Darwin Port for export.

Acting Territory Minister for Primary Industry and Resources, Dale Wakefield, said, “If it successfully goes through the rest of the approvals process, this mine could not only provide direct jobs for Territorians on site, but also flow-on effects for Territory businesses through contracts and tenders.”

Core Lithium Managing Director, Stephen Biggins, said, “We are grateful for the strong support of the NT Government in enabling us to be part of a bright new future in the development of the renewable energy industry chain for the Northern Territory.”

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