Jun 14, 2021

People Moves: Kelvin Dushnisky joins Lithium Americas board

Lithium
Kelvin Dushnisky
Lithium Americas
Electric Vehicles
2 min
Kelvin Dushnisky, the former CEO of AngloGold Ashanti, has joined the board of Lithium Americas

Lithium Americas has appointed former AngloGold Ashanti CEO Kelvin Dushnisky to its board

Kelvin Dushnisky joins Lithium Americas

Prior to his role as CEO at AngloGold, Dushnisky also spent 16 years at Barrick Gold during which time he served as the company’s President.

"We are pleased to welcome Kelvin… to our Board," commented George Ireland, Chairman of the Board, Lithium Americas. "[His] knowledge and experience will be an excellent complement to the board as we begin the transition from developer to operator."

Dushnisky brings more than 25 years of global mining experience, with a focus on execution on strategic priorities. Dushnisky holds a B.Sc. (Hon.) degree from the University of Manitoba and M.Sc. and Juris Doctor degrees from the University of British Columbia.  He is a member of the Law Society of British Columbia and the Canadian Bar Association. 

Lithium Americas

Lithium Americas is getting closer to production on the Caucharí-Olaroz lithium project in partnership with Ganfeng Lithium in Jujuy province, Argentina. The Caucharí-Olaroz partners have approved the commencement of development planning for a second stage expansion of at least an additional 20,000 tonnes per annum of lithium carbonate equivalent production capacity from Caucharí-Olaroz. Production is forecast to begin in mid-2022.

“Caucharí-Olaroz is on track to become the largest new lithium brine operation in over 20 years,” commented Ireland. “With construction for Stage 1 expected to be complete within the next year, together with Ganfeng Lithium, we are beginning to plan our next phase of growth in Argentina.”

The future looks bright for Lithium Americas as lithium demand remains high due to the electric vehicle revolution.

Lithium Americas

 

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Jun 29, 2021

Vale invests $150mn to extend life of Manitoba operations

Vale
Nickel
Manitoba
battery metals
2 min
Vale’s $150mn investment in operations at Thompson, Manitoba will extend mine life by 10 years

Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.

Global energy transition is boosting the market for nickel

The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.

“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.

“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”

Vale continues drilling program at Manitoba

Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.

“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.

“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”

The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history.  Mining of the Thompson orebody began in 1961.

“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.

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