Snow Lake lithium mine

Snow Lake lithium mine is a proposed lithium mine expected to be located on a 55,000-acre site 400 miles north of Winnipeg, Canada. The mine is proposed to be operated using 100% electric power,[1] via hydropower and electric equipment.[2] The mine intends to process the lithium ore into 6% spodumene. It signed a memorandum of understanding to supply Korean battery maker LG, at a nearby hydroxide processing plant.[1]

The company hopes to supply around 160,000 tons of spodumene per year. The mine is planned to open in 2025 or 2026.[1]

It will be a hard rock mine rather than processing lithium brine.[1]

Electric mining equipment is to be supplied by Swedish company Epiroc.[1]

The mine's 160,000-ton output is hoped to be sufficient to make batteries for around 500,000 electric cars annually.[1]

The site is near the Arctic Gateway railway which offers transport to US manufacturing centers.[2]

Company

Snow Lake Resources Ltd. ($LTIM) is a public company formed in 2018. The land was acquired in 2016 by Australian exploration company Nova Minerals Ltd., Snow Lake Lithium's majority shareholder.[2]

References

  1. ^ a b c d e f Blain, Loz (2022-11-16). "World's first electric lithium mine: Birth of a North American supply chain". New Atlas. Retrieved 2022-11-19.
  2. ^ a b c Doll, Scooter (2022-09-06). "Snow Lake Lithium expects its all-electric mine to produce enough lithium to power 5 million EVs in North America". Electrek. Retrieved 2022-11-19.

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