Mineral Resources has announced that it has acquired 100 per cent ownership of the Bald Hill lithium mine, making it the only company in the world to operate three hard rock lithium mines, each with their own spodumene concentrate facilities.
Bald Hill is located 50km southeast of Kambalda in the Goldfields region of Western Australia and has an annual production capacity of approximately 150,000t of 5.5 per cent spodumene concentrate.
In addition to Bald Hill, MinRes operates the Mt Marion lithium mine in the Goldfields (50 per cent ownership) and the Wodgina lithium mine in the Pilbara (50 per cent ownership).
As part of the recently completed acquisition, approximately 270 Bald Hill employees and contractors have transitioned to MinRes.
MinRes’ Managing Director, Chris Ellison, said that the company is delighted to add Bald Hill to its lithium portfolio and to welcome Bald Hill employees to the MinRes team.
“Bald Hill is a quality asset close to our Mt Marion operation in the heart of the world’s most prospective lithium region.”
Featured image: The Bald Hill lithium mine site. Image credit: Mineral Resources.