trending Market Intelligence /marketintelligence/en/news-insights/trending/IKrwEHaZ5dymy0H9hQtziQ2 content esgSubNav
In This List

Sayona expands lithium-prospective tenements in Western Australia

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall


Sayona expands lithium-prospective tenements in Western Australia

Sayona MiningLtd. said March 30 that it secured two lithium-prospectivetenements in Western Australia, expanding the company's lithium tenements inthe Pilgangoora district to five.

Earlier this month, the company also two lithium-prospective areasin the state.

The new project areas at Friendly Creek and West Wodginacover 339 square kilometers and secure areas of past tin and tantalumprospecting activity. The rare metal pegmatite hosts were previously unexploredfor their lithium potential.

Field exploration over the projects will start shortly.

The acquisition complements Sayona's recent strategy shiftto focus on both graphite and lithium exploration, and develop the rawmaterials needed to produce lithium-ion batteries. Additional acquisitions tofurther this aim are expected.