North American lithium producer Sayona Mining Ltd. today announced the appointment of Mr Dougal Elder to the position of Chief Financial Officer . Since joining Sayona in September 2022 as Finance Manager, Mr Elder has made a significant contribution to the Company's evolution from a developer to a lithium producer by playing a key role in [...]
North American lithium producer Sayona Mining Ltd. announced the sale of its shareholding in Troilus Gold Corp. which has further strengthened Sayona's balance sheet. The Company has agreed to sell 19.2 million shares of Troilus for C$0.63 Canadian Dollars per share through a block trade via Desjardins Capital Markets. The sale will result in gross [...]
North American lithium producer Sayona Mining Ltd. announces that maiden exploration drilling at its wholly owned Tabba Tabba Lithium Project, 45/2364 identified high potential pegmatite systems containing caesium and tantalum. Based on these results, Sayona plans to conduct deeper drilling along a 7.5km prospective corridor located immediately [...]
North American lithium producer Sayona Mining Ltd. today announced that following a detailed review of the North American Lithium operation and a range of operating scenarios, the joint venture partners have agreed to continue the NAL production ramp-up towards steady state production with regular reviews of operating costs and market conditions [...]
"Sayona Mining Ltd. reached a significant milestone in the first half of the 2024 financial year as we generated first revenues following the commencement of shipments of spodumene concentrate from NAL in August 2023. In total, NAL shipped five cargoes of product this half, totalling 72.2 kt of spodumene concentrate. "We continued to invest in [...]
North American lithium producer Sayona Mining Ltd. has reaffirmed its strategic partnership with Piedmont Lithium to develop the North American Lithium operation in Quebec, Canada, following the announced share sale by Piedmont Lithium of its shareholding in Sayona Mining Ltd.. Piedmont announced on 21 February 2024 it had agreed to sell 1,152.2 [...]
North American lithium producer Sayona Mining Ltd. announced today a Definitive Feasibility Study that demonstrates the value of its Moblan Lithium Project, forming the centrepiece of the Company's Eeyou Istchee James Bay Hub in northern Quebec, Canada. Moblan is owned 60% by Sayona and 40% by Investissement Quebec. Key Points: - Annual production [...]
North American lithium producer Sayona Mining Ltd. has appointed a new independent Non-Executive Director, highly experienced mining executive Lucas Dow, a move that further strengthens the Board and allows for significant enhancement of the Company's corporate governance practices. Mr Dow has a proven track record of outstanding performance across [...]
It was a strong operational quarter for Sayona Mining Ltd. , with ore mined and concentrate production at NAL increasing compared to the prior quarter. NAL produced 34,237 dry metric tonnes of concentrate at the target quality of 5.5% Li2O, up 9% on the previous quarter, while major capital projects such as the Crushed Ore Dome were advanced. The [...]
North American lithium producer Sayona Mining Ltd. is conducting an operational review of its North American Lithium operation in collaboration with its joint venture partner, seeking to optimise NAL's cost structure in response to rapidly changing conditions in the global lithium market. The review is focusing on opportunities to reduce NAL's cost [...]
Sayona Mining Ltd. has evolved over the past year from a developer into a producer of valuable spodumene concentrate in North America. The successful restart of operations at North American Lithium , which was completed on-time and within budget, paved the way for the joint venture's inaugural shipment and cash proceeds from customers in August [...]
North American lithium producer Sayona Mining Ltd. announced today the results of the Company's review of Sayona's strategy to become a leading global supplier of high-quality lithium chemicals, supporting global decarbonisation efforts and the energy transition. As part of the strategic review, Sayona's Interim CEO and the Board of Directors [...]