Another lithium...https://thewest.com.au/news/kalgoorlie-miner/bald-hill-close-to-production-ng-b88712458z Goldfields lithium developer Tawana Resources says it remains on track to commission the Bald Hill lithium mine with Singapore-listed joint venture partner Alliance Mineral Assets within two months.
Located 50km south-east of Kambalda, Bald Hill is expected to be the third lithium mine in the Goldfields-Esperance region to enter production, following Galaxy Resources’ Mt Cattlin operations near Ravensthorpe and the Mt Marion lithium mine, 40km south-west of Kalgoorlie-Boulder.
Tawana, a former iron ore explorer trading as cheaply as 2.6¢ a share 18 months ago, was yesterday worth more than $250 million, with a trading price of 52¢.
It has joined the throng of lithium companies drawing huge interest in the positive outlook for the energy metal, with higher prices for the commodity driven by growth in electric vehicle sales and demand from China.