Alliance Mineral Assets gears up for lithium bonanza

Singapore

ALLIANCE Mineral Assets is in a hurry like no other. The Australian mining group, which is on the trail of a commodity that some say is hotter than gold, is working at full speed to start production by the end of this year.

The commodity in question: lithium, a key ingredient in lithium-ion batteries used in electric vehicles and energy-storage systems which are expected to become more prevalent over the next decade.

Alliance Mineral is now working to complete its resource estimate, which is expected to be released in early April. After that, it will be all systems go.

With it, the firm will be able to complete its feasibility study for the production of lithium and tantalum, and award the engineering, procurement and construction (EPC) contract for mine infra…