Snow Lake lithium mine is a lithium mine located on a 55,000-acre site 400 miles north of Winnipeg, Canada. Notably, the mine will be operated using 100% electric power, [1] via hydropower and electric equipment. [2] The mine expects to process the lithium ore into 6% spodumene. It signed a memorandum of understanding to supply Korean battery maker LG, at a nearby hydroxide processing plant. [1]
The company expects to supply around 160,000 tons of spodumene per year. The mine is planned to open in 2025 or 2026. [1]
It is a hard rock mine rather than processing lithium brine. [1]
Electric mining equipment is to be supplied by Swedish company Epiroc. [1]
The mine's 160,000-ton output is sufficient to make batteries for around 500,000 electric cars annually. [1]
The site is near the Arctic Gateway railway which offers efficient transport to US manufacturing centers. [2]
Snow Lake Resources Ltd. ($LTIM) is a public company formed in 2018. The land was acquired in 2016 by Australian exploration company Nova Minerals Ltd., Snow Lake Lithium's majority shareholder. [2]
Snow Lake lithium mine is a lithium mine located on a 55,000-acre site 400 miles north of Winnipeg, Canada. Notably, the mine will be operated using 100% electric power, [1] via hydropower and electric equipment. [2] The mine expects to process the lithium ore into 6% spodumene. It signed a memorandum of understanding to supply Korean battery maker LG, at a nearby hydroxide processing plant. [1]
The company expects to supply around 160,000 tons of spodumene per year. The mine is planned to open in 2025 or 2026. [1]
It is a hard rock mine rather than processing lithium brine. [1]
Electric mining equipment is to be supplied by Swedish company Epiroc. [1]
The mine's 160,000-ton output is sufficient to make batteries for around 500,000 electric cars annually. [1]
The site is near the Arctic Gateway railway which offers efficient transport to US manufacturing centers. [2]
Snow Lake Resources Ltd. ($LTIM) is a public company formed in 2018. The land was acquired in 2016 by Australian exploration company Nova Minerals Ltd., Snow Lake Lithium's majority shareholder. [2]