3 Companies that Make and Recycle Batteries
Rising demand for batteries is adding to the world’s supply of recycled lead. Here’s a look at three manufacturers that also run lead-recovery businesses.
Rising demand for batteries is adding to the world’s supply of recycled lead. Here’s a look at three manufacturers that also run lead-recovery businesses.
A brief overview of lead price developments, supply and demand and significant market movers.
A new project aims to uncover deposits of the metal in a historic mining region in Northern England.
A brief overview of lead price developments, supply and demand and significant market movers.
Golden Arrow Resources Corporation (TSXV:GRG) announced its initial independent NI 43-101 resource estimate for the Chinchillas silver-lead-zinc project in Argentina: indicated 7.2 million tonnes grading 119 g/t silver, 0.57% lead and 0.48% zinc (32.6 million ounces silver equivalent (Ag Eq) at 141 g/t Ag Eq, and a 50g/t Ag Eq cut-off), and inferred 21 million tonnes grading 78 g/t Ag, 0.69% Pb and 0.62% Zn (72.2 million ounces Ag Eq at 107 g/t Ag Eq grade and 50 g/t Ag Eq cut-off).
Firestone Ventures Inc. (TSXV:FV,FWB:F5V) announced results from the Preliminary Economic Assessment for its Torlon Hill Zinc-Lead-Silver Project in Guatemala. The PEA projects a 97% IRR, 1.2 Year Payback and $45.4 Million NPV.
Silvercorp Metals Inc. (TSX:SVM,NYSE:SVM) announced results from the infill and step-out drilling exploration program at the GC silver-lead-zinc project in Guangdong Province, China. Highlights include intercepts of 33.29 Metres true width grading 151g/t silver, 0.68% Lead, 1.51 % Zinc, and 0.30 % Tin.
Firestone Ventures Inc. ((TSXV:FV) has announced a successful site visit has been finished by Minéro Mining International Limited and independent consulting engineers ProMet Dadi Africa (Pty) Ltd. of South Africa.
Reported lead stocks have risen recently, primarily as a result of metal previously withdrawn from LME warehouses in Asia being delivered back on to warrant elsewhere in the world.
The Economic Times reported that lead futures gained 0.26 percent to reach Rs 116.50 per kg on hints of stimulus measures from China and the US.
Bloomberg reported that demand for lead is growing as a result of battery makers depleting stock in Chinese warehouses.
Platts reported that lead's production in Peru advanced in May.
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