Minerals and mining stories
Electric cars spark Tassie mine
The fast-growing market for electric cars has been instrumental in re-booting plans for a tin mine in Tasmania’s north west. Tin and Tungsten are metals used in car batteries; and Venture Minerals has stepped up exploration of both at its resource rich Mt Lindsay deposit. A company report explained that “tin is the metal most impacted by new technology through its use in electric vehicles” and this has helped “refocus Venture’s approach to developing this asset". In response to growing demand for electric cars, Perth based Venture Minerals says it has already started an underground scoping study at Mt Lindsay, as the need for battery metals grows. “Venture is uniquely positioned, with Mt Lindsay being one of the largest undeveloped tin projects in the world, containing in excess of 80,000 tonnes of tin metal,” the company report also said.
14 October 2018, Edition 199