Northern Territory Govt Grants Mineral Lease For New Lithium Mine

Northern Territory Govt Grants Mineral Lease For New Lithium Mine

Northern Territory Acting Minister for Primary Industry and Resources Dale Wakefield

Mineral Lease Granted For New Lithium Mine

Victor P Taffa

Northern Territory Government has granted a mineral lease for a new lithium mine that has the capacity to create up to 150 jobs during construction and 90 during operation.

“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.” Acting Minister for Primary Industry and Resources Dale Wakefield said.

Project, located around 36 km from Berry Springs and 90 km from Darwin by road, is being developed by Lithium Developments (Grants NT) Pty Ltd, of Core Lithium Ltd.

“We are grateful for the strong support of the Northern Territory 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.” Core Lithium Managing Director Stephen Biggins said.

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.