Resources Watch
Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Logistics solutions needed quickly to avoid lost commodity price opportunity
Canada’s Tantalex on way to becoming African lithium producer
And, South Africa’s 5 000 MW energy storage need can be used to create new industry
While there is commitment from State rail enterprise Transnet to find a solution to bulk commodity logistical disruption, the issue is time, as the challenges need to be overcome with the necessary speed to avoid South Africa continuing to lose out on decent commodity prices.
Menar MD Vuslat Bayoglu:
Canadian junior exploration company Tantalex Lithium Resources, which is developing tin, tantalum and lithium projects in the Democratic Republic of Congo, is looking to raise capital of $15-million early next year for the further development of its lithium assets.
Tantalux Lithium chairperson Hadley Natus:
South Africa’s 5 000 MW renewable energy storage requirement is seen as providing the critical mass for the creation of a new local energy storage industry that will have the potential to export into the growing global market for energy storage solutions.
Bushveld Minerals CEO Fortune Mojapelo:
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