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Australian-based mineral exploration company, Tyranna Resources, will acquire an 80% interest in the Namibe Lithium Project in Angola. The Acquisition is expected to be finalized by July 2022, positioning the company as the majority owner of the project.
The mineral is essential for the manufacture of batteries, a key element in the energy transition, and has become highly sought after. However, Australian Securities Exchange (ASX)-listed junior Tyranna Resources may put Angola's lithium resources in the limelight.
However, Australian Securities Exchange (ASX)-listed junior Tyranna Resources may put Angola's lithium resources in the limelight. In mid-May the company struck a deal to buy 80% of Australian company Angolan Minerals, which has been quietly exploring the Namibe lithium project in the southwest of the country.
Up to now, only a few non-listed companies have launched lithium projects in the country. Tyranna has confirmed that initial data from Angolan Minerals, from field campaigns in 2019 and 2021, has been encouraging. Further studies may begin soon.
Despite boasting extensive and diverse mineral resources, up to now there has been limited international investment in Angola's lithium in comparison to its neighbours, such as the DR Congo, Namibia, Zimbabwe and Botswana.
In recent years, the main energy transition metals that have been of interest to Angola's investors have been cobalt, nickel and copper. However, a listed junior is now targetting lithium, an essential metal for battery manufacturing, which is highly sought after on the African continent.
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Australian-based mineral exploration company, Tyranna Resources, will acquire an 80% interest in the Namibe Lithium Project in Angola. The Acquisition is expected to be finalized by July 2022, positioning the …
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Online Services Email ContactAustralian-based mineral exploration company, Tyranna Resources, will acquire an 80% interest in the Namibe Lithium Project in Angola. The Acquisition is expected to be finalized by July 2022, positioning the …
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Online Services Email ContactWhile acknowledging it is very early stage, the company said initial grades of between 3.5-7.5% lithium oxide "reinforce our belief that this project warrants further detailed and systematic exploration to uncover its true potential".
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Online Services Email ContactThe commitment to the project is clear, with Angola''s Sovereign Wealth Fund now one of Pensana''s biggest investors to date. The path forward for Angola''s critical …
Online Services Email ContactTyranna Resources Ltd (TYX) is an ASX listed resources and exploration company primarily focused on lithium exploration in Angola, Africa. Our aim is to discover and develop a lithium source of global significance to create wealth …
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Online Services Email ContactTyranna Resources, an emerging lithium explorer, is fast-tracking exploration at its strategic Namibe project in Angola''s highly prospective & underexplored southwest region, fully-funded by a major investment from …
Online Services Email ContactAngola: Tyranna Resources to Acquire Lithium Project Representing the country''''s official energy event, AOG 2022, in partnership with the Ministry of Petroleum and Mineral Resources of …
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Online Services Email ContactPaulo Nunes, country manager of Angolitio, and Peter Spitalny, executive director of Tyranna Resources, talk to The Energy Year about the potential lithium resources of …
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Online Services Email ContactTyranna (ASX:TYX) reports it has received ''outstanding'' results from the Namibe Lithium Project in Angola, with the majority of samples (46) collected to assess visible lithium mineralisation The company reports that of …
Online Services Email ContactTyranna Resources is an emerging lithium exploration company focused on the exciting Namibe lithium project in southwest Angola. With only minimal modern exploration conducted in the region, Tyranna sees excellent …
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Online Services Email ContactSpeaking during a forum last week, Minister Azevedo explained that Angola is rich with 36 of the 51 critical minerals essential for the energy transition, and as such, offers significant opportunities for both mineral and energy investors. …
Online Services Email ContactTyranna Resources Ltd (ASX: TYX) has obtained promising results from its maiden drilling campaign at the Muvero Prospect Angola, Africa with intersections of high-grade lithium mineralization encountered during a very short programme.
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Online Services Email ContactThe information in this presentation incorporates technical information reported to the public in announcements submitted to the ASX on 16/05/2022 ("Tyranna Secures Strategic Lithium Exploration Project In Angola"), 30/05/2022 ("Confirmation of High-Grade Assays from Namibe Lithium Project"), 1/08/2022 ("Namibe Lithium Project ...
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