DMT expands its business to raw materials for electric mobility

DMT is expanding its activities in the field of raw materials and raw material supply for electric mobility. The technology service provider is currently supporting the Canadian exploration company Rock Tech Lithium Inc. in the development of the Georgia Lake lithium project, with the aim of mining lithium. The trend for electric cars on the international market has been rising steeply for years. But those who rely on electric mobility in the automotive industry also have an increased demand for lithium batteries: together with cobalt and graphite, lithium is one of the elements that make the switch to electromobility possible in the first place. Demand for the raw material is therefore currently rising sharply in the automotive industry, not least also supported by legal restrictions such as the EU regulation on the reduction of CO2 emissions.

 

The Georgia Lake Lithium project aims to develop a lithium-rich pegmatite vein deposit for the purpose of mining. The deposit was discovered in the Thunder Bay Mining District in northwestern Ontario/Canada, as early as 1955 and Rock Tech Lithium Inc. has been working increasingly on the exploration of the deposit since summer 2016. An initial evaluation according to NI43-101 was carried out in 2012. DMT is currently commissioned to reassess and evaluate the lithium contents in the deposit. Based on this, DMT will plan, carry out and monitor further investigations. From the data obtained, a Preliminary Economic Assessment (PEA) study can then be prepared, which demonstrates the recoverability and economic viability of the deposit.

 

www.dmt-group.com

x

Related articles:

Issue 2018-03

Tin-lithium exploration license in Saxony/Germany

The Upper Mining Authority of Saxony has granted Tin International a new exploration license in the Eastern Ore Mountains of Saxony/Germany. The license covers an area of 15 km2 around the...

more
Issue 2010-10

CHINA MINING Congress & Expo 2010

The CHINA MINING Congress & Expo 2010, hosted by the Chinese Ministry of Land & Resources and the Tianjin Municipal Government, will be held at the Meijiang Exhibition and Convention Center in...

more
Issue 2017-06

For the environment’s sake

Dear Readers Ever scarcer fossil fuels, exhaust gas problems and growing awareness of environment and climate protection coupled with the unrelenting demand for mobility are promoting the development...

more

Smart Mining Conference 2019

The Smart Mining Conference 2019 will highlight different approaches to digitisation and automation of mining processes. A broad range of mining technology providers and mine operators will provide...

more
Issue 2018-01-02

Tin International/Lithium Australia Joint Venture commences drilling campaign in Sadisdorf (Deutsche Rohstoff AG)

The Joint Venture of the Tin International AG and Lithium Australia NL (ASX: LIT) has commenced a diamond drilling program at the Sadisdorf project. Lithium Australia, a Perth-based company, has the...

more