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Technology Minerals Plc #TM1 – EA Approves Lithium-ion Battery Recycling Plant
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce that its 48.25% owned battery recycling business, Recyclus Group Ltd (“Recyclus”), has received final clearance from the Environment Agency (“EA”) to commence full operations at its lithium-ion (“Li-ion”) battery recycling plant in Wolverhampton, West Midlands. Recyclus has also been awarded Approved Battery Treatment Operator (“ABTO”) status by the EA, allowing it to commence recycling operations immediately, with on-site treatment and processing of spent Li-ion batteries.
The EA permit allows Recyclus a daily storage limit of 140 m3 (c.100 tonnes) and to process up to 22,000 tonnes of Li-ion batteries per annum. It is expected that 8,300 tonnes will be processed in the first year, utilising a single shift pattern of labour during the standard working week. Applications for licence variations to operate additional shifts will be considered in due course as will the potential to increase processing capability.
The approval from the EA for the Wolverhampton plant is a major milestone for Recyclus, making it the first industrial scale plant in the UK with the capability to recycle Li-ion batteries. Operations will commence on completion of the fire prevention systems installation which is expected shortly. This will be followed immediately by a plant commissioning phase, which is expected to commence in June this year.
Following commencement of operations, Recyclus anticipates the receipt of gate fees for collection and storage of Li-ion batteries, and from the sale of black mass, produced from the recycling process. Black mass contains critical battery metals that can be sold back into the battery supply chain.
Recyclus owns the IP for both the process and the plant which is designed to process most Li-ion battery types. Recyclus will manufacture all plants, including those designed specifically for OEM clients, here in the UK. Recyclus’s aim is to increase the UK processing capability to c.50,000 tonnes per annum through the construction of five more Li-ion recycling plants.
BIS Research latest study, Black Mass Recycling Market – A Global and Regional Analysis, states the global black mass recycling market, valued at $9.22bn in 2022, is projected to reach $53 bn by 2031.
Robin Brundle, Chairman of Technology Minerals, said: “We are pleased to announce that we have received final EA approval to commence full automated operations at our Li-ion battery recycling plant in Wolverhampton. This is a significant moment for the Company and the UK. The Wolverhampton plant has become the first facility in the UK with the capability to recycle Li-ion batteries on an industrial scale.
“Given the global shift towards electrification and the growing demand for Li-ion batteries, we believe we have a compelling first mover advantage in this burgeoning market. Our aim is to establish enduring partnerships with businesses and organisations, both in the UK and internationally, offering them an environmentally friendly solution for their end-of-life batteries. With feedstock stored and ready to be processed, everything is in place to ramp up operations at the facility and start generating revenues.”
Enquiries
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Technology Minerals Plc |
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Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
c/o +44 (0)20 4582 3500 |
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Oberon Investments Limited |
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Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
|
|
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, Rebecca Scott |
+44 (0)20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed company, providing a sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. As with the increasing global demand for battery metals to supply electrification increases, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
Recyclus Group Ltd
The demand for the raw materials used in battery manufacturing is anticipated to increase substantially. Recyclus Group provides a national recycling initiative that supports the transition to carbon neutrality. Recyclus Group’s battery recycling capacity will prove essential in the shift from fossil fuels to electric transportation. Through its strategic support from Technology Minerals, Recyclus is an integral component to the recycling of lithium-ion and lead-acid batteries and is a significant contributor towards the circular economy of battery metals. Further information on Recyclus Group is available at www.recyclusgroup.com
#TM1 Technology Minerals PLC – Innovate UK awards £1.96m for recycling system
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that its 48.25% owned battery recycling business, Recyclus Group Ltd (“Recyclus”), in collaboration with the University of Birmingham (“UoB”), has been awarded funding of £1.96m from the UK Government’s Innovate UK, to create a mobile battery recycling system capable of safely handling any type of lithium-ion (“Li-ion”) battery.
Recyclus will lead the project and design and build a compact prototype Universal Battery Recycling System (“UBRS”), a mobile recycling truck that handles a complete range of Li-ion battery modules from all areas of industry. The main unit will be designed to accept batteries on an individual or batch-load basis and will implement a new industry standard that can benefit the UK and global recycling sectors. The Advanced Materials & Processing Laboratory (“AMPLab”) at the UoB will support the project providing leading edge 3D printing techniques, incorporating additive manufacturing for the required cutting tools.
The innovative recycling trucks will be based on Recyclus’ existing technology for industrial-scale Li-ion battery recycling, capable of safely dealing with the 5+ types of Li-ion battery chemistry, in any combination. Recyclus plans to operate the recycling trucks with three size options ranging from 7.5 to 16 tonnes which will be capable of processing between 500 and 2,000 kilogrammes per hour of Li-ion batteries.
The aim is to develop a consistent battery recycling channel which creates safe and environmentally friendly recycling of Li-ion batteries across the UK. The whole system will be completely sealed, emission free, with a gated infeed chamber and a series of sealed outfeed chutes which feeds separated materials into collection containers. The system will reduce Li-ion batteries to five recyclable products:
· Black mass, which contains lithium, manganese, cobalt and nickel
· Electrolyte
· Ferrous (steel)
· Non-ferrous (aluminium & copper)
· Light mixed fraction (plastic, rubber & paper)
According to analysis from McKinsey & Company, ‘Battery 2030: Resilient, sustainable, and circular’, global demand for Li-ion batteries could grow 30 per cent annually from 700 GWh in 2022 to around 4,700 GWh by 2030.
Kate Jermey, Business Engagement Manager (KTP) at the University of Birmingham, said: “This project will enable Recyclus Group and The University of Birmingham to respond to the current challenges around battery recycling infrastructure, and provide a viable and desperately needed solution to the issue of waste batteries, through the usage of Industry 4.0/ Additive Manufacturing Solutions to speed up systems design and deployment.”
Robin Brundle, Chairman of Technology Minerals, said: “Securing this grant from Innovate UK is a strong endorsement for Recyclus and we look forward to working with the University of Birmingham on this programme which could be the catalyst for future collaboration.
“The rapid development of consumer goods such as vapes, handhelds, e-Bikes and the general transition to electric transport is already causing serious environmental issues. The build-up of end-of-life Li-ion batteries over the coming years will create a battery waste tsunami that we need to prepare for by investing in the capabilities and capacity for large-scale battery recycling.
“The Recyclus mobile unit takes the recycling solution to the problem and will provide a reliable, cost-effective and automated process for safe and environmentally friendly recycling of Li-ion batteries across the UK. This will accelerate the recovery of the critical raw materials essential to the transition to electrification and significantly reduce the use of landfill. This innovative mobile battery recycling system will implement a new industry standard that can benefit not just the UK, but around the world.”
Innovate UK
Innovate UK, the UK’s innovation agency, drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. It funds business and research collaborations to accelerate innovation and drive business investment into R&D. Its support is available to businesses across all economic sectors, value chains and UK regions. They help businesses grow through the development and commercialisation of new products, processes, and services.
Enquiries
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Technology Minerals Plc |
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|
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
c/o +44 (0)20 4582 3500 |
|
Oberon Investments Limited |
|
|
Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
|
|
|
Arden Partners Plc |
|
|
Tim Dainton, Louisa Waddell |
+44 (0)20 3829 5000 |
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, Rebecca Scott |
+44 (0)20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
Recyclus Group Ltd
The demand for the raw materials used in battery manufacturing is anticipated to substantially increase. Recyclus Group provides a national recycling initiative that supports the transition to carbon neutrality. Recyclus Group’s battery recycling capacity will prove essential in the shift from fossil fuels to electric transportation. Through its strategic support, Recyclus is an integral component to the recycling of lithium-ion and lead-acid batteries and is a significant contributor towards the circular economy of battery metals. Further information on Recyclus Group is available at www.recyclusgroup.com
Vox Markets Podcast – Alan Green discusses Warpaint #W7L, Team 17 #TM17 & Technology Minerals #TM1
Vox Markets Podcast – Alan Green discusses Warpaint #W7L, Team 17 #TM17 & Technology Minerals #TM1 with Justin Waite on the Vox Markets podcast. Link on the image to listen.
#TM1 Technology Minerals PLC – Licenses in Cameroon and Funding Drawdown Update
Facility Drawdown
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that it has drawn down a further £560,000 from the £4.0 million convertible bond facility (the “Facility”) with Macquarie Bank Limited (“MBL”) and Atlas Capital Markets LLC (“ACM”) as detailed in the Company’s announcement on 9 December 2022. Following this, a total of £1,060,000 of the Facility has been drawn down.
This convertible bond tranche has a coupon of 5% per annum over the SONIA rate, payable quarterly in cash or in shares at the Company’s discretion. As part of the agreement, MBL and ACM can convert the convertible bonds to Technology Minerals shares (“Shares”) by issuing a conversion notice with the price set at 90% of the 3-day Volume Weighted Average Price of the Shares, where the three days may be consecutive or not and are selected by MBL or ACM (as applicable) from the 20 days prior to the issue of a conversion notice by MBL or ACM. The convertible bonds shall have a maturity of two years from issuance.
Conversion Notice and Total Voting Rights
In addition, Technology Minerals announces that it has received further Conversion Notices from Macquarie Bank Limited (“MBL”) for a total of £210,000 of Convertible Bonds of the first £500,000 tranche drawn from the £4.0 million convertible bond facility (the “Facility”).
|
Conversion Notice Date |
Amount Converted (£) |
Number of shares |
|
17.02.2023 |
100,000 |
10,068,972 |
|
20.02.2023 |
90,000 |
9,062,075 |
|
23.02.2023 |
20,000 |
2,013,794 |
Technology Minerals will issue 21,144,841 ordinary shares of £0.001 per share (“Ordinary Shares”) at a conversion price of 0.993150p per Ordinary Share.
Admission and Total Voting Rights
Application will be made for the 21,144,841 new ordinary shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, to be admitted to the Standard List segment of Official List and to trading on the main market of the London Stock Exchange plc, which is expected to occur on or around 8.00 a.m. on 3 March 2023 (“Admission”). Upon Admission, the total number of issued shares and the total number of voting rights in the Company will be 1,333,482,275.
The above figure of 1,333,482,275 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Cameroon exploration permits validated and granted to Technology Minerals
Further to the announcement on 27 June 2022, Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce the Cameroon Ministry of Mines, Industry and Technological Development has confirmed that the five exploration permits at the Technology Minerals Cameroon (“TMC”) Property have been validated under Cameroon law and granted to the Company.
The property covers an area of 2,456km² in south-eastern Cameroon, proximal to the world-class Nkamouna nickel-cobalt laterite deposit, 600km by road east of the port city of Douala, and 400km by road east of the capital of Yaoundé. At least three of the permits are in areas considered prospective for nickel-cobalt rich laterite.
To date, TMC has performed a reconnaissance exploration on the five permit areas, which entailed geochemical evaluation, soil sampling, and lithogeochemical (rock) sampling. With the approval of the permits finalised, the Company plans to continue further exploration and perform a more detailed remote sensing study of the area for Nickel, Cobalt and Manganese.
Alex Stanbury, CEO of Technology Minerals, said: “We are pleased to receive confirmation that these exploration permits have been validated and awarded to the Company. With the prospect located near the world-class Nkamouna nickel-cobalt laterite deposit and covering around 2,500km2 in an area considered prospective for nickel and cobalt, we look forward to further exploration work to increase our understanding of the prospect’s potential.”
Enquiries
|
Technology Minerals Plc |
|
|
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
c/o +44 (0)20 4582 3500 |
|
Oberon Investments Limited |
|
|
Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
|
|
|
Arden Partners Plc |
|
|
Tim Dainton, Louisa Waddell |
+44 (0)20 3829 5000 |
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, Rebecca Scott |
+44 (0)20 4582 3500 |
#TM1 Technology Minerals Plc – Certification of ISO Standards
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce that its 49% owned battery recycling business, Recyclus Group Ltd (“Recyclus”), has been certified as compliant with ISO standards for Quality Management (ISO 9001), Environmental Management (ISO 14001) and Health & Safety Management (ISO 45001).
The International Organization for Standardization (“ISO”) is one of the world’s leading standards-settings bodies. The Organization develops standards to ensure the quality, safety and efficiency of products, services and systems; those standards are recognised globally as the benchmark for operational excellence among leading manufacturing companies.
ISO 9001
ISO 9001 sets out the criteria for an organisation’s quality management system (QMS) and is based on foundational quality management principles, including a strong customer focus, the engagement and responsibility of senior management, process orientation and continual improvement. Recyclus demonstrates this through its procedures and processes and receipt of ISO 9001 is confirmation that customers will receive high-quality products and services.
ISO 14001
To achieve the ISO 14001 certification, defined as an environmental management system (EMS), Recyclus had to successfully demonstrate its systematic framework to ensure the immediate and long-term environmental impacts of the Company’s products and activities are measured, managed, and minimised. This certification demonstrates that Recyclus is committed to its environmental obligations and that its operations generate the lowest possible environmental impact.
ISO 45001
ISO 45001 is the world’s international standard for occupational health and safety and seeks to manage and minimise any health and safety risks associated with Recyclus operations for all stakeholders. Implemented alongside regional, national and industry-specific rules regarding workplace safety, ISO 45001 standards will help Recyclus formalise procedures to proactively improve health and safety performance, provide a safe and healthy workplace and further reduce any risk of causing irreparable harm to personnel or the business as a whole.
Recyclus are committed to creating a circular economy for battery recycling across multiple licensed plants, and these certifications are evidence of the company’s efforts to providing that. It demonstrates the growth of creating a system that is environmentally responsible, which will be upheld through its future developments.
Robin Brundle, Chairman of Technology Minerals, said: “We are delighted to have achieved ISO 9001, ISO 14001 and ISO 45001, which positions Recyclus as an industrial scale, environmentally friendly certified recycling facility for spent battery metals. These certification opens up Recyclus’ business to many companies and organisations who demand these standards from their supply chain.”
Enquiries
|
Technology Minerals Plc |
|
|
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
c/o +44 (0)20 4582 3500 |
|
Oberon Investments Limited |
|
|
Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
|
|
|
Arden Partners plc |
|
|
Tim, Dainton, Louisa Waddell |
+44 (0)20 3829 5000 |
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, William Dobinson |
+44 (0)20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
#TM1 Technology Minerals Plc – Update on EA Licence for Wolverhampton Plant
Technology Minerals Plc
(“Technology Minerals” or the “Company”)
Update on EA Licence for Wolverhampton Lithium-ion Battery Recycling Plant
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce that its 49% owned battery recycling business, Recyclus Group Ltd (“Recyclus”), has been provided with a Schedule 5 Notice by the Environment Agency (“EA”) for its variation of environmental licence application for its Lithium-ion recycling plant in Wolverhampton, West Midlands.
The Schedule 5 Notice is the final stage before a licence is determined which if successful will enable the plant to commence recycling operations. Under paragraph 4 of Part 1 of Schedule 5 of The Environmental Permitting (England & Wales) Regulations 2016, the EA has asked Recyclus to provide clarification regarding its fire/disaster planning and minor questions around the processes of the plant. The company is in the process of responding to the information requested, after which it expects the licence determination to be received shortly thereafter.
Once the site is fully operational, the Wolverhampton plant will be the first in the UK with the capacity to recycle lithium-ion batteries on an industrial scale and will be a key foundation of Recyclus’ ambition to increase its lithium-ion battery recycling capacity from an estimated 8,300 tonnes in the first full year of operations, to circa 41,500 tonnes by 2027.
Robin Brundle, Chairman of Technology Minerals, said: “We are pleased to have received the Schedule 5 from the EA, as it gives us a clear indication that the process of grant of licence is in its final stages. Upon receipt of the licence, for the first time, the UK will have an industrial scale recycling capability for lithium-ion batteries. Over the past few months, interest in our plant has increased significantly and we are in advanced discussions with companies and organisations from UK and across the globe. We look forward to progressing these once we have received the licence.”
Enquiries
|
Technology Minerals Plc |
|
|
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
c/o +44 (0)20 4582 3500 |
|
Oberon Investments Limited |
|
|
Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
|
|
|
Arden Partners Plc |
|
|
Tim Dainton, Louisa Waddell |
+44 (0)207 614 5900 |
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, William Dobinson |
+44 (0)20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
Technology Minerals #TM1 – Conversion Notice and Total Voting Rights
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that it has received a Conversion Notice from Macquarie Bank Limited (“MBL”) for £70,000 of Convertible Bonds. This is the second conversion of the first £500,000 tranche drawn from the £4.0 million convertible bond facility (the “Facility”) announced on 9 December 2022.
Following the conversion, £400,000 remains outstanding for conversion under the first tranche of £500,000 of the convertible bond facility with MBL.
Technology Minerals will issue 5,465,376 ordinary shares of £0.001 per share (“Ordinary Shares”) at a conversion price of 1.280790p per Ordinary Share.
Admission and Total Voting Rights
Application will be made for the 5,465,376 new ordinary shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, to be admitted to the Standard List segment of Official List and to trading on the main market of the London Stock Exchange plc, which is expected to occur on or around 8.00 a.m. on 2 February 2023 (“Admission”). Upon Admission, the total number of issued shares and the total number of voting rights in the Company will be 1,312,337,434.
The above figure of 1,312,337,434 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Enquiries
|
Technology Minerals Plc |
|
|
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
+44 (0) 20 4582 3500 |
|
Oberon Investments Limited |
|
|
Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
|
|
|
Arden Partners Plc |
|
|
Tim Dainton, Louisa Waddell |
+44 (0)207 614 5900 |
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, W illiam Dobinson |
+44 (0) 20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
#TM1 Technology Minerals PLC – Seven New Licences Secured at Leinster, Ireland
New prospecting licences expand the Company’s footprint to 760km2 at the Leinster lithium property in South East Ireland
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce the addition of seven new prospecting licences to its ground holding on its Leinster Lithium Property, Republic of Ireland. This addition brings the Company’s licence position to 23 licences covering a total of 760km2 of highly prospective geology with verified occurrences of spodumene-bearing lithium pegmatites. Initial reconnaissance at two localities on the new licences have already yielded two clusters of spodumene pegmatite float material with grades of up to 1.73% Li2O.
Highlights:
· Seven new licences awarded to the Company’s 100% wholly owned subsidiary LRH Resources Limited.
· The seven licences totalling 235km2 increase the overall ground holding to 760km2.
· Two localities on the new licences reported historic spodumene-bearing lithium pegmatite occurrences (Irish Base Metals Report 1977).
· A total of ten float samples were collected at two localities on Prospecting Licence Area (“PLA”) 3895 and PLA 3896.
· Four samples on PLA 3895 yielded analyses of between 1.54 – 1.79 % Li2O.
· Four samples on PLA 3896 yielded analyses of between 0.58 – 1.63 % Li2O.
· The Company believes that the new licences lie on a parallel but less well-defined structural trend to the East Carlow Deformation Zone which itself has been shown to provide the locus for spodumene pegmatite emplacement.
· The presence of structure is a key component to the anatectic genetic model for pegmatite development and emplacement in South East Ireland.
· Follow up exploration will commence to further enhance understanding of the spatial distribution of the boulder trains discovered so far, as well as the rest of the licences.
New Licences
The seven licences, which were awarded to the Company’s wholly owned subsidiary LRH Resources Limited (“LRH”) on 1 December 2022, are 100% owned. The other 16 licences which form the rest of the Company’s Leinster Property exploration block, are operated under an exclusive Option and Earn-in agreement with Global Battery Metals Ltd (“GBML”), (TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ).
The seven new licences form a contiguous block with the Company’s previously issued PLA 1597 and extends the ground holding both to the NE and SW of the Knockeen and Carriglead spodumene-bearing boulder trains which were reported on that licence. Together this block of eight licences form the Company’s South Leinster Block (Figure 1 & 2).
|
Project |
Licence No. |
County |
Commencement |
Initial Duration |
Area |
|
SW Leinster |
1541 |
Wexford |
01/12/2022 |
6-years |
36.61 |
|
SW Leinster |
1542 |
Wexford |
01/12/2022 |
6-years |
20.39 |
|
SW Leinster |
3213 |
Kilkenny |
01/12/2022 |
6-years |
43.42 |
|
SW Leinster |
3214 |
Kilkenny |
01/12/2022 |
6-years |
43.33 |
|
SW Leinster |
3895 |
Wexford |
01/12/2022 |
6-years |
23.74 |
|
SW Leinster |
3896 |
Wexford |
01/12/2022 |
6-years |
34.49 |
|
SW Leinster |
4054 |
Wexford |
01/12/2022 |
6-years |
33.09 |
|
Total |
235.07 |
Table 1: List of seven new licences issued December 2022
Geology and Preliminary Reconnaissance Sampling
The new licences are located along an interpreted NE-SW structural corridor which parallels both the SE margin of the Leinster Granite Batholiths as well as the associated East Carlow Deformation Zone (ECDZ) structural corridor. The ECDZ has provided a structural locus for a series of spodumene pegmatite occurrences which have been identified over 110km of extent between Dublin (and the Company’s Northern Block), and the Company’s Knockeen and Carriglead prospects on PLA 1597 to the south. The second structural corridor is interpreted to trend parallel and to the south of the ECDZ as it passes through the Company’s new licences.
Evidence for spodumene pegmatites relating to two historical boulder trains were reported in archive reports and maps at the Geological Survey of Ireland and date back to 1977. A brief reconnaissance visit to the two areas by the Company’s geologists on PLAs 3895 and 3896 have confirmed the presence of numerous boulders of spodumene pegmatite. Ten samples were collected for analysis during this initial reconnaissance visit.
The results of the sampling are presented below in Table 2 with the four samples on PLA 3895 returning assay values of between 1.54 – 1.79 % Li2O with four further samples on PL 3896 reporting between 0.58 – 1.63 % Li2O. Two further samples AES61135 and AES61136 comprising of altered lithologies associated with the pegmatites were also analysed (Table 2). The spatial distribution of the sampling across the two areas are presented in Figures 1-3 below. Ongoing geological mapping, and sampling by the Company will further define this zone and determine the full pegmatite prospectivity.
|
Project |
Sample Type |
Sample No |
Licence |
Li ppm |
Li2O% |
|
LRHR Leinster Project |
Float |
AES61127 |
3895 |
7260 |
1.56 |
|
LRHR Leinster Project |
Float |
AES61128 |
3895 |
7140 |
1.54 |
|
LRHR Leinster Project |
Float |
AES61129 |
3895 |
7990 |
1.72 |
|
LRHR Leinster Project |
Float |
AES61130 |
3895 |
8300 |
1.79 |
|
LRHR Leinster Project |
Float |
AES61131 |
3896 |
2700 |
0.58 |
|
LRHR Leinster Project |
Float |
AES61132 |
3896 |
5600 |
1.21 |
|
LRHR Leinster Project |
Float |
AES61133 |
3896 |
7570 |
1.63 |
|
LRHR Leinster Project |
Float |
AES61134 |
3896 |
4490 |
0.97 |
|
LRHR Leinster Project |
Float |
AES61135 |
3896 |
119 |
0.03 |
|
LRHR Leinster Project |
Float |
AES61136 |
3896 |
102 |
0.02 |
Table 2: Results from reconnaissance prospecting * Li2O % = Li % x 2.153
Figure 1: Location of the company properties showing the Northern Block (15 licences)
and the Southern Block (eight licences)
Figure 2: Location of eight licences (seven new) comprising the Southern Block
Figure 3: Reconnaissance Sampling PLAs 3895 and 3896
Photo 1: Spodumene pegmatite samples from PLA 3895: AES61127 (1.56% Li2O) and AES61129 (1.72% Li2O) and PLA 3896: AES61132 (1.21% Li2O)
Alex Stanbury, CEO of Technology Minerals, said: “We are pleased to add seven new prospecting licences to our Leinster Project, increasing our strategic foothold at the Leinster lithium property in South East Ireland by over 40 percent to 760km2. We consider these to be exciting additions to our portfolio and look forward to commencing further exploration to enhance our understanding of the project’s potential. Given the supply squeeze taking place for lithium globally, finding new sources of primary supply will be critical to help power the move to a carbon neutral economy.”
Competent Person
All scientific and technical information in this announcement has been prepared under the supervision of EuroGeol Vaughan Williams M.Sc. P.Geo (a Principal of Aurum Exploration Services who currently provides exploration services to TM and to LRH), and a “qualified person” within the meaning of National Instrument 43-101. Vaughan Williams is also company secretary of LRH and a Director of the LRH Spanish subsidiary Asturmet Recursos S.L.
Enquiries
|
Technology Minerals Plc |
|
|
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
+44 20 4582 3500 |
|
|
|
|
Oberon Investments Limited |
|
|
Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
Arden Partners Plc |
|
|
Tim Dainton, Louisa Waddell |
+44 207 614 5900 |
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, William Dobinson |
+44 20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
Appendix 1: Analytical Results
|
Sample_ID |
Programme |
Li_ppm |
Li2O% |
Prospect |
|
AES63003 |
Follow Up Sampling Dec 2022 |
17,410 |
3.75 |
Knockeen |
|
AES63033 |
Follow Up Sampling Dec 2022 |
16,860 |
3.63 |
Knockeen |
|
AES63519 |
Follow Up Sampling Dec 2022 |
13,160 |
2.83 |
Knockeen |
|
AES63015 |
Follow Up Sampling Dec 2022 |
13,050 |
2.81 |
Knockeen |
|
AES63029 |
Follow Up Sampling Dec 2022 |
12,920 |
2.78 |
Knockeen |
|
AES63042 |
Follow Up Sampling Dec 2022 |
12,580 |
2.71 |
Knockeen |
|
AES63014 |
Follow Up Sampling Dec 2022 |
12,200 |
2.63 |
Knockeen |
|
AES63021 |
Follow Up Sampling Dec 2022 |
12,040 |
2.59 |
Knockeen |
|
AES63018 |
Follow Up Sampling Dec 2022 |
11,980 |
2.58 |
Knockeen |
|
AES63011 |
Follow Up Sampling Dec 2022 |
11,820 |
2.54 |
Knockeen |
|
AES63023 |
Follow Up Sampling Dec 2022 |
11,620 |
2.50 |
Knockeen |
|
AES63028 |
Follow Up Sampling Dec 2022 |
11,580 |
2.49 |
Knockeen |
|
AES63041 |
Follow Up Sampling Dec 2022 |
11,570 |
2.49 |
Knockeen |
|
AES63037 |
Follow Up Sampling Dec 2022 |
11,510 |
2.48 |
Knockeen |
|
AES63016 |
Follow Up Sampling Dec 2022 |
11,460 |
2.47 |
Knockeen |
|
AES63044 |
Follow Up Sampling Dec 2022 |
11,340 |
2.44 |
Knockeen |
|
AES63012 |
Follow Up Sampling Dec 2022 |
11,180 |
2.41 |
Knockeen |
|
AES63008 |
Follow Up Sampling Dec 2022 |
9,920 |
2.14 |
Knockeen |
|
AES63048 |
Follow Up Sampling Dec 2022 |
9,520 |
2.05 |
Knockeen |
|
AES63043 |
Follow Up Sampling Dec 2022 |
9,360 |
2.02 |
Knockeen |
|
AES63027 |
Follow Up Sampling Dec 2022 |
8,820 |
1.90 |
Knockeen |
|
AES63046 |
Follow Up Sampling Dec 2022 |
8,790 |
1.89 |
Knockeen |
|
AES63516 |
Follow Up Sampling Dec 2022 |
8,370 |
1.80 |
Knockeen |
|
AES63036 |
Follow Up Sampling Dec 2022 |
8,300 |
1.79 |
Knockeen |
|
AES63007 |
Follow Up Sampling Dec 2022 |
8,090 |
1.74 |
Knockeen |
|
AES63026 |
Follow Up Sampling Dec 2022 |
8,030 |
1.73 |
Knockeen |
|
AES63010 |
Follow Up Sampling Dec 2022 |
7,890 |
1.70 |
Knockeen |
|
AES63517 |
Follow Up Sampling Dec 2022 |
7,910 |
1.70 |
Knockeen |
|
AES63512 |
Follow Up Sampling Dec 2022 |
7,840 |
1.69 |
Knockeen |
|
AES63017 |
Follow Up Sampling Dec 2022 |
7,550 |
1.63 |
Knockeen |
|
AES63520 |
Follow Up Sampling Dec 2022 |
7,370 |
1.59 |
Knockeen |
|
AES63049 |
Follow Up Sampling Dec 2022 |
7,100 |
1.53 |
Knockeen |
|
AES63515 |
Follow Up Sampling Dec 2022 |
7,040 |
1.52 |
Knockeen |
|
AES63024 |
Follow Up Sampling Dec 2022 |
6,190 |
1.33 |
Knockeen |
|
AES63031 |
Follow Up Sampling Dec 2022 |
6,140 |
1.32 |
Knockeen |
|
AES63013 |
Follow Up Sampling Dec 2022 |
5,720 |
1.23 |
Knockeen |
|
AES63019 |
Follow Up Sampling Dec 2022 |
5,420 |
1.17 |
Knockeen |
|
AES63030 |
Follow Up Sampling Dec 2022 |
5,300 |
1.14 |
Knockeen |
|
AES63034 |
Follow Up Sampling Dec 2022 |
4,960 |
1.07 |
Knockeen |
|
AES63039 |
Follow Up Sampling Dec 2022 |
4,790 |
1.03 |
Knockeen |
|
AES63022 |
Follow Up Sampling Dec 2022 |
4,710 |
1.01 |
Knockeen |
|
AES63514 |
Follow Up Sampling Dec 2022 |
4,300 |
0.93 |
Knockeen |
|
AES63045 |
Follow Up Sampling Dec 2022 |
4,290 |
0.92 |
Knockeen |
|
AES63025 |
Follow Up Sampling Dec 2022 |
3,940 |
0.85 |
Knockeen |
|
AES63032 |
Follow Up Sampling Dec 2022 |
3,550 |
0.76 |
Knockeen |
|
AES63035 |
Follow Up Sampling Dec 2022 |
2,680 |
0.58 |
Knockeen |
|
AES63009 |
Follow Up Sampling Dec 2022 |
1,920 |
0.41 |
Knockeen |
|
AES63047 |
Follow Up Sampling Dec 2022 |
1,480 |
0.32 |
Knockeen |
|
AES63038 |
Follow Up Sampling Dec 2022 |
450 |
0.10 |
Knockeen |
|
AES63001 |
Follow Up Sampling Dec 2022 |
120 |
0.03 |
Knockeen |
|
AES63002 |
Follow Up Sampling Dec 2022 |
120 |
0.03 |
Knockeen |
|
AES63004 |
Follow Up Sampling Dec 2022 |
120 |
0.03 |
Knockeen |
|
AES63005 |
Follow Up Sampling Dec 2022 |
130 |
0.03 |
Knockeen |
|
AES63513 |
Follow Up Sampling Dec 2022 |
100 |
0.02 |
Knockeen |
|
AES63518 |
Follow Up Sampling Dec 2022 |
80 |
0.02 |
Knockeen |
|
AES63006 |
Follow Up Sampling Dec 2022 |
60 |
0.01 |
Knockeen |
Table 4: Results from follow up prospecting at Knockeen (December 2022)
* Li2O % = Li ppm % (x 2.153)
|
Sample_ID |
Programme |
Li_ppm |
Li2O% |
Prospect |
|
AES63504 |
Follow Up Sampling Dec 2022 |
9,720 |
2.09 |
Carriglead |
|
AES63503 |
Follow Up Sampling Dec 2022 |
8,890 |
1.91 |
Carriglead |
|
AES63509 |
Follow Up Sampling Dec 2022 |
7,870 |
1.69 |
Carriglead |
|
AES63501 |
Follow Up Sampling Dec 2022 |
7,460 |
1.61 |
Carriglead |
|
AES63507 |
Follow Up Sampling Dec 2022 |
5,620 |
1.21 |
Carriglead |
|
AES63505 |
Follow Up Sampling Dec 2022 |
5,120 |
1.10 |
Carriglead |
|
AES63508 |
Follow Up Sampling Dec 2022 |
3,280 |
0.71 |
Carriglead |
|
AES63511 |
Follow Up Sampling Dec 2022 |
500 |
0.11 |
Carriglead |
|
AES63506 |
Follow Up Sampling Dec 2022 |
330 |
0.07 |
Carriglead |
|
AES63502 |
Follow Up Sampling Dec 2022 |
290 |
0.06 |
Carriglead |
Table 5: Results from follow up prospecting at Carriglead (December 2022)
* Li2O % = Li ppm % (x 2.153)
#TM1 Technology Minerals PLC – Exploration Update on the Leinster Project
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce results from detailed lithogeochemical sampling has yielded high-grade spodumene pegmatite samples in float ranging up to 3.75% lithium oxide (“Li2O”) at Prospecting Licence Area (“PLA 1597”) in County Carlow, Republic of Ireland.
Highlights:
· Assay results are reported for the first stage of detailed lithogeochemical sampling at the Knockeen and Carriglead target areas on the Company’s Leinster Lithium Project.
· A total of 56 rock samples are reported, all of which were analysed at ALS Laboratories in Ireland.
· Two prospects are reported at:
o Knockeen: Out of a total of 56 samples, 41 samples graded above 1% Li2O, of which 20 graded above 2% Li2O and of which two graded above 3% Li2O (Sample AES 63003 – 3.63% Li2O and Sample AES 63033 – 3.75% Li2O)
o Carriglead: Out of a total of 10 samples, six samples graded above 1% Li2O of which one sample analysed above 2% Li2O (sample AES63504 – 2.09% Li2O).
· The programme of intensive prospecting has consolidated the extent of the spodumene pegmatite boulder train at surface as well as significantly enhancing the resolution of the dispersion zone
· The known extent of the boulder train is now over 1km in length from NE to SW and 0.5km from NW to SE and is still open in all directions at Knockeen and Carriglead
· The ongoing work is helping to refine specific areas for targeted drilling.
The licence, which was awarded to Technology Minerals’ wholly owned subsidiary LRH Resources Limited (“LRH”) on 22 March 2022, forms part of the Company’s Leinster Property exploration block, which is operated under an exclusive Option and Earn-in agreement with Global Battery Metals Ltd (“GBML”), (TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ) with no project expenditure required by the Company.
Field Exploration Programme Update
The current phase of detailed exploration work is centred on an area where a forty-year-old historical company report described a trench excavated at Knockeen Townlands on PLA 1597 (Figure 1) which uncovered in bedrock, a 1.8m wide spodumene-bearing pegmatite vein. However no detailed laboratory assays or geological maps of the trench were reported at that time. Historical prospecting around the trench also reported the occurrence of up to 10 large boulders of spodumene-bearing pegmatite at surface.
The current exploration programme carried out under LRH Resources management by Aurum Exploration Services Limited included an initial reconnaissance in July 2022 totalling six samples followed by a more detailed prospecting and lithogeochemical survey on two areas at Knockeen and Carriglead Townlands in December 2022 and totalling 56 samples (Figure 1 & Table 1).
|
Prospect |
Programme |
No |
|
Carriglead |
Recon Sampling July 2022 |
2 |
|
Knockeen |
Recon Sampling July 2022 |
4 |
|
Prospect |
Programme |
No |
|
Carriglead |
Follow Up Sampling Dec 2022 |
10 |
|
Knockeen |
Follow Up Sampling Dec 2022 |
56 |
|
Prospect |
Programme |
No |
|
Carriglead |
Total |
12 |
|
Knockeen |
Total |
60 |
Table 1: Showing number of samples collected (July 2022 & December 2022)
Preliminary Reconnaissance July 2022
Two areas at Knockeen and Carriglead Townlands were targeted with an initial reconnaissance visit in July 2022. Six samples were collected during a site visit and included four at Knockeen and two at Carriglead. Analytical results confirmed the presence of the historically reported spodumene pegmatite boulder train and returned very significant grades of Li2O in all samples. These results have been reported previously but are reproduced here for continuity (Table 2).
|
Sample_ID |
Programme |
Li_ppm |
Li2O_% |
Prospect |
|
210724CL05 |
Recon Sampling July 2022 |
13,700 |
2.95 |
Knockeen |
|
210724CL03 |
Recon Sampling July 2022 |
11,200 |
2.41 |
Knockeen |
|
210724CL04 |
Recon Sampling July 2022 |
11,000 |
2.37 |
Knockeen |
|
210724CL02 |
Recon Sampling July 2022 |
3,240 |
0.70 |
Knockeen |
|
AES61138 |
Recon Sampling July 2022 |
7,470 |
1.61 |
Carriglead |
|
AES61137 |
Recon Sampling July 2022 |
3,550 |
0.76 |
Carriglead |
Table 2: Results from reconnaissance prospecting (July 2022)
* Li2O % = Li ppm % (x 2.153)
Follow Up Detailed Prospecting and Lithogeochemistry
In December 2022, an extensive prospecting and lithogeochemistry survey was completed covering the two areas identified during the reconnaissance programme. A total of 56 samples were collected at Knockeen and 10 at Carriglead. The results were highly encouraging with coherent boulder trains of spodumene-bearing lithium pegmatites mapped out across the prospects. The highlight sample results are shown in Table 3 and the full results are appended in Appendix 1 to this release in Tables 4 and 5 with associated maps showing the locations in Figure 2 (Knockeen) and Figure 3 (Carriglead) below.
Figure 1: Location of the Knockeen and Carriglead target areas PL 1597 showing sample locations
|
Sample_ID |
Programme |
Li_ppm |
Li2O% |
|
AES63003 |
Follow Up Sampling Dec 2022 |
17,410 |
3.75 |
|
AES63033 |
Follow Up Sampling Dec 2022 |
16,860 |
3.63 |
|
AES63519 |
Follow Up Sampling Dec 2022 |
13,160 |
2.83 |
|
AES63015 |
Follow Up Sampling Dec 2022 |
13,050 |
2.81 |
|
AES63029 |
Follow Up Sampling Dec 2022 |
12,920 |
2.78 |
|
AES63042 |
Follow Up Sampling Dec 2022 |
12,580 |
2.71 |
|
AES63014 |
Follow Up Sampling Dec 2022 |
12,200 |
2.63 |
|
AES63021 |
Follow Up Sampling Dec 2022 |
12,040 |
2.59 |
|
AES63018 |
Follow Up Sampling Dec 2022 |
11,980 |
2.58 |
|
AES63011 |
Follow Up Sampling Dec 2022 |
11,820 |
2.54 |
Table 3: Highlight results from the prospecting programme (December 2022)
* Li2O % = Li ppm % (x 2.153)
The current results focussed on the two areas and considerably enhanced the area of boulder trains and significantly shows the high-grade nature and size of the boulders in the material being sampled.
Figure 2: Location of samples and assay results from the Knockeen target area
Figure 3: Location of samples and assay results from the Carriglead target area
Photo 1: Spodumene pegmatite samples from Knockeen and Carriglead
Alex Stanbury, CEO of Technology Minerals, said: “These latest assay results from the Leinster Project in Ireland are highly encouraging and build on previous reconnaissance work which displayed significant grades of Li2O in all samples. The results announced today continue to demonstrate the high-grade nature and size of the boulders in the material being sampled as well as expanding the known extent of the spodumene pegmatite boulder train at Knockeen and Carriglead. Today’s results and ongoing work will help us to determine specific areas for targeted drilling as we progress with the exploration campaign.”
Competent Person
All scientific and technical information in this announcement has been prepared under the supervision of EuroGeol Vaughan Williams M.Sc. P.Geo (a Principal of Aurum Exploration Services who currently provides exploration services to TM and to LRH), and a “qualified person” within the meaning of National Instrument 43-101. Vaughan Williams is also company secretary of LRH and a Director of the LRH Spanish subsidiary Asturmet Recursos S.L.
Enquiries
|
Technology Minerals Plc |
|
|
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
+44 20 4582 3500 |
|
Global Battery Metals Ltd. |
|
|
Michael Murphy BA, MBA, MSc., ICD, President & CEO |
+1 604-649-2350 |
|
|
|
|
Oberon Investments Limited |
|
|
Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
|
Arden Partners Plc |
|
|
Louisa Waddell, Tim Dainton |
+44 207 614 5900 |
|
|
|
|
Gracechurch Group |
|
|
Harry Chathli, Alexis Gore, William Dobinson |
+44 20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available at www.technologyminerals.co.uk
Appendix 1: Analytical Results
|
Sample_ID |
Programme |
Li _ppm |
Li2O% |
Prospect |
|
AES63003 |
Follow Up Sampling Dec 2022 |
17,410 |
3.75 |
Knockeen |
|
AES63033 |
Follow Up Sampling Dec 2022 |
16,860 |
3.63 |
Knockeen |
|
AES63519 |
Follow Up Sampling Dec 2022 |
13,160 |
2.83 |
Knockeen |
|
AES63015 |
Follow Up Sampling Dec 2022 |
13,050 |
2.81 |
Knockeen |
|
AES63029 |
Follow Up Sampling Dec 2022 |
12,920 |
2.78 |
Knockeen |
|
AES63042 |
Follow Up Sampling Dec 2022 |
12,580 |
2.71 |
Knockeen |
|
AES63014 |
Follow Up Sampling Dec 2022 |
12,200 |
2.63 |
Knockeen |
|
AES63021 |
Follow Up Sampling Dec 2022 |
12,040 |
2.59 |
Knockeen |
|
AES63018 |
Follow Up Sampling Dec 2022 |
11,980 |
2.58 |
Knockeen |
|
AES63011 |
Follow Up Sampling Dec 2022 |
11,820 |
2.54 |
Knockeen |
|
AES63023 |
Follow Up Sampling Dec 2022 |
11,620 |
2.50 |
Knockeen |
|
AES63028 |
Follow Up Sampling Dec 2022 |
11,580 |
2.49 |
Knockeen |
|
AES63041 |
Follow Up Sampling Dec 2022 |
11,570 |
2.49 |
Knockeen |
|
AES63037 |
Follow Up Sampling Dec 2022 |
11,510 |
2.48 |
Knockeen |
|
AES63016 |
Follow Up Sampling Dec 2022 |
11,460 |
2.47 |
Knockeen |
|
AES63044 |
Follow Up Sampling Dec 2022 |
11,340 |
2.44 |
Knockeen |
|
AES63012 |
Follow Up Sampling Dec 2022 |
11,180 |
2.41 |
Knockeen |
|
AES63008 |
Follow Up Sampling Dec 2022 |
9,920 |
2.14 |
Knockeen |
|
AES63048 |
Follow Up Sampling Dec 2022 |
9,520 |
2.05 |
Knockeen |
|
AES63043 |
Follow Up Sampling Dec 2022 |
9,360 |
2.02 |
Knockeen |
|
AES63027 |
Follow Up Sampling Dec 2022 |
8,820 |
1.90 |
Knockeen |
|
AES63046 |
Follow Up Sampling Dec 2022 |
8,790 |
1.89 |
Knockeen |
|
AES63516 |
Follow Up Sampling Dec 2022 |
8,370 |
1.80 |
Knockeen |
|
AES63036 |
Follow Up Sampling Dec 2022 |
8,300 |
1.79 |
Knockeen |
|
AES63007 |
Follow Up Sampling Dec 2022 |
8,090 |
1.74 |
Knockeen |
|
AES63026 |
Follow Up Sampling Dec 2022 |
8,030 |
1.73 |
Knockeen |
|
AES63010 |
Follow Up Sampling Dec 2022 |
7,890 |
1.70 |
Knockeen |
|
AES63517 |
Follow Up Sampling Dec 2022 |
7,910 |
1.70 |
Knockeen |
|
AES63512 |
Follow Up Sampling Dec 2022 |
7,840 |
1.69 |
Knockeen |
|
AES63017 |
Follow Up Sampling Dec 2022 |
7,550 |
1.63 |
Knockeen |
|
AES63520 |
Follow Up Sampling Dec 2022 |
7,370 |
1.59 |
Knockeen |
|
AES63049 |
Follow Up Sampling Dec 2022 |
7,100 |
1.53 |
Knockeen |
|
AES63515 |
Follow Up Sampling Dec 2022 |
7,040 |
1.52 |
Knockeen |
|
AES63024 |
Follow Up Sampling Dec 2022 |
6,190 |
1.33 |
Knockeen |
|
AES63031 |
Follow Up Sampling Dec 2022 |
6,140 |
1.32 |
Knockeen |
|
AES63013 |
Follow Up Sampling Dec 2022 |
5,720 |
1.23 |
Knockeen |
|
AES63019 |
Follow Up Sampling Dec 2022 |
5,420 |
1.17 |
Knockeen |
|
AES63030 |
Follow Up Sampling Dec 2022 |
5,300 |
1.14 |
Knockeen |
|
AES63034 |
Follow Up Sampling Dec 2022 |
4,960 |
1.07 |
Knockeen |
|
AES63039 |
Follow Up Sampling Dec 2022 |
4,790 |
1.03 |
Knockeen |
|
AES63022 |
Follow Up Sampling Dec 2022 |
4,710 |
1.01 |
Knockeen |
|
AES63514 |
Follow Up Sampling Dec 2022 |
4,300 |
0.93 |
Knockeen |
|
AES63045 |
Follow Up Sampling Dec 2022 |
4,290 |
0.92 |
Knockeen |
|
AES63025 |
Follow Up Sampling Dec 2022 |
3,940 |
0.85 |
Knockeen |
|
AES63032 |
Follow Up Sampling Dec 2022 |
3,550 |
0.76 |
Knockeen |
|
AES63035 |
Follow Up Sampling Dec 2022 |
2,680 |
0.58 |
Knockeen |
|
AES63009 |
Follow Up Sampling Dec 2022 |
1,920 |
0.41 |
Knockeen |
|
AES63047 |
Follow Up Sampling Dec 2022 |
1,480 |
0.32 |
Knockeen |
|
AES63038 |
Follow Up Sampling Dec 2022 |
450 |
0.10 |
Knockeen |
|
AES63001 |
Follow Up Sampling Dec 2022 |
120 |
0.03 |
Knockeen |
|
AES63002 |
Follow Up Sampling Dec 2022 |
120 |
0.03 |
Knockeen |
|
AES63004 |
Follow Up Sampling Dec 2022 |
120 |
0.03 |
Knockeen |
|
AES63005 |
Follow Up Sampling Dec 2022 |
130 |
0.03 |
Knockeen |
|
AES63513 |
Follow Up Sampling Dec 2022 |
100 |
0.02 |
Knockeen |
|
AES63518 |
Follow Up Sampling Dec 2022 |
80 |
0.02 |
Knockeen |
|
AES63006 |
Follow Up Sampling Dec 2022 |
60 |
0.01 |
Knockeen |
Table 4: Results from follow up prospecting at Knockeen (December 2022)
* Li2O % = Li ppm % (x 2.153)
|
Sample_ID |
Programme |
Li_ppm |
Li2O% |
Prospect |
|
AES63504 |
Follow Up Sampling Dec 2022 |
9,720 |
2.09 |
Carriglead |
|
AES63503 |
Follow Up Sampling Dec 2022 |
8,890 |
1.91 |
Carriglead |
|
AES63509 |
Follow Up Sampling Dec 2022 |
7,870 |
1.69 |
Carriglead |
|
AES63501 |
Follow Up Sampling Dec 2022 |
7,460 |
1.61 |
Carriglead |
|
AES63507 |
Follow Up Sampling Dec 2022 |
5,620 |
1.21 |
Carriglead |
|
AES63505 |
Follow Up Sampling Dec 2022 |
5,120 |
1.10 |
Carriglead |
|
AES63508 |
Follow Up Sampling Dec 2022 |
3,280 |
0.71 |
Carriglead |
|
AES63511 |
Follow Up Sampling Dec 2022 |
500 |
0.11 |
Carriglead |
|
AES63506 |
Follow Up Sampling Dec 2022 |
330 |
0.07 |
Carriglead |
|
AES63502 |
Follow Up Sampling Dec 2022 |
290 |
0.06 |
Carriglead |
Table 5: Results from follow up prospecting at Carriglead (December 2022)
* Li2O % = Li ppm % (x 2.153)
#TM1 Technology Minerals Plc – Recyclus appoints Head of Research and Development
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, is pleased to announce that its 49% owned battery recycling business, Recyclus Group Ltd (“Recyclus”), has appointed Nick Pickard as Head of Research and Development, effective from 3 January 2023.
Nick has more than 30 years’ experience designing, manufacturing and servicing recycling machinery. He has worked with some of the largest mining corporate partners across Europe, Australia, South Africa, India and the UK in the design and build ofshredding, crushing and size reducing mining systems. Examples include Osborn GmbH, Kawasaki Heavy Industries Limited, Krupp Fördertechnik GmbH, Böhringer Group and Meta Nikel Kobalt A.Ş.
More recently, Nick has designed and developed turnkey solutions for a full range of battery recycling systems for both lead-acid and lithium-ion and led the design and build of Recyclus’ lithium-ion battery recycling plant. His knowledge and expertise in this field will help to further develop Recyclus’ recycling machinery and its applications.
During his career, Nick has developed a range of heavy-duty recycling machinery and systems, covering various materials including tyres, mattresses, plastics, commercial waste, glass, ferrous and non-ferrous metals. Previously, Nick designed a semi-mobile weapons destruction system for use in Kosovo following the Balkan conflict. The machine recycles and separates the materials for reuse in agricultural equipment including ploughs, tools and other items to help rebuild war-torn communities.
Robin Brundle, Chairman of Technology Minerals, said: “Nick is a truly talented engineer and innovator, who has already contributed so much to Recyclus through his valuable contributions to the design of our lithium-ion battery shredding plant. I look forward to seeing him apply his inventive mind to further improving our battery shredding plants and keep us at the cutting-edge of battery recycling technology.”
Nick Pickard, incoming of Head of Research and Development at Recyclus, said: “It is great to be joining the company at such an exciting time. Improving battery recycling is a passion for me and I am thrilled to be working with the team here to create new methods, and improve existing ones, to recycle batteries and help support the green transition.”
Enquiries
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Technology Minerals Plc |
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Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer |
+44 (0)20 4582 3500 |
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Oberon Investments Limited |
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Nick Lovering, Adam Pollock |
+44 (0)20 3179 0535 |
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Arden Partners Plc |
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Ruari McGirr |
+44 (0)207 614 5900 |
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Gracechurch Group |
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Harry Chathli, Alexis Gore, William Dobinson |
+44 (0)20 4582 3500 |
Technology Minerals Plc
Technology Minerals is developing the UK’s first listed, sustainable circular economy for battery metals, using cutting-edge technology to recycle, recover, and re-use battery technologies for a renewable energy future. Technology Minerals is focused on extracting raw materials required for Li-ion batteries, whilst solving the ecological issue of spent Li-ion batteries, by recycling them for re-use by battery manufacturers. With the increasing global demand for battery metals to supply electrification, the group will explore, mine, and recycle metals from spent batteries. Further information on Technology Minerals is available atwww.technologyminerals.co.uk