Mineral Lease Granted for New Lithium Mine

The Territory Labor Government has granted a mineral lease for a new lithium mine that has the capacity to create up to 150 jobs during construction and 90 during operation.

The project, located around 36km from Berry Springs and 90km from Darwin by road, is being developed by Lithium Developments (Grants NT) Pty Ltd, of Core Lithium Ltd.

Lithium is a vital ingredient in lithium-ion battery technology, used in electric vehicles and energy storage, and the present boom in demand for the resource is expected to continue.

No chemicals are required to turn lithium ore into concentrate, which will be processed at the site then shipped by road to Darwin Port for export.

As stated by Acting Minister for Primary Industry and Resources, Dale Wakefield:

Creating jobs is the number one priority of this Government and this is an important milestone for this project.

If it successfully goes through the rest of the approvals process, this mine could not only provide direct jobs for Territorians on site, but also flow-on effects for Territory businesses through contracts and tenders.

Core Lithium Managing Director, Stephen Biggins:

We are grateful for the strong support of the NT Government in enabling us to be part of a bright new future in the development of the renewable energy industry chain for the Northern Territory.

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