Zimbabwe orders lithium miners to submit refinery plans by March 2024
Mining News Pro - Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance Minister Mthuli Ncube said on Thursday.
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Visit: 32
Treasury’s Yellen tours lithium plant to bolster Biden’s economic case
Mining News Pro - US Treasury Secretary Janet Yellen traveled to North Carolina on Thursday to tout hundreds of billions of dollars in clean energy investments enabled by federal tax incentives as President Joe Biden struggles to win credit among voters for his economic record.
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Visit: 29
Battery prices are falling again as raw material costs drop
Mining News Pro - As the auto industry grapples with how to make affordable EVs, the task may get easier by one key metric. Battery prices are resuming a long-term trend of decline, following an unprecedented increase last year.
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Visit: 46
Sigma Lithium’s former co-CEO fired for trading in blackout period
Mining News Pro - The former co-CEO of Sigma Lithium, a leader in Brazil’s budding lithium sector, was fired earlier this year for trading its shares during a quarterly earnings blackout period, according to legal correspondence in a civil lawsuit, trading data and two people familiar with the matter.
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Visit: 43
Lithium price rout deepens with battery metal now down 75% this year
Mining News Pro - Lithium extended an almost monthlong run of declines, taking its drop this year to 75%, with expectations the rout in the electric-vehicle battery metal is far from over.
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Visit: 31
Lithium price rout deepens with battery metal now down 75% this year
Mining News Pro - Lithium extended an almost monthlong run of declines, taking its drop this year to 75%, with expectations the rout in the electric-vehicle battery metal is far from over.
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Visit: 42
Giant lithium deposit in DRC sparks boardroom battle
Mining News Pro - A battle over control of a massive untapped lithium deposit shifted gear as AVZ Minerals Ltd.’s biggest shareholder signaled it will support the ouster of the Australian miner’s board.
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Visit: 28
Giant lithium deposit in DRC sparks boardroom battle
Mining News Pro - A battle over control of a massive untapped lithium deposit shifted gear as AVZ Minerals Ltd.’s biggest shareholder signaled it will support the ouster of the Australian miner’s board.
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Visit: 43
Atlantic Lithium shuns takeover by major African shareholder
Mining News Pro - Atlantic Lithium (AIM: ALL, ASX: A11) is once again turning down a proposed takeover by major shareholder Assore International Holdings, which has offered to acquire the company at a price of £0.33 per share (A$0.63).
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Visit: 53
Livent starts Australian campaign for $10.6bn Arcadium Lithium merger
Mining News Pro - US lithium major Livent will begin meeting Allkem Australian investors from Monday ahead of a vote next month to approve a $10.6 billion merger that would form the world’s third-largest producer amid weakening demand and prices for lithium.
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Visit: 47
Exxon to start lithium production for EVs in the US by 2027
Mining News Pro - Exxon Mobil said on Monday it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries and advanced electronics.
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Visit: 44
Ganfeng indefinitely postpones Mexican lithium target date amid gov’t spat
Mining News Pro - A recent government push to cancel Ganfeng Lithium’s concessions has forced the Chinese company to indefinitely postpone its target to start mining the battery metal in Mexico, a company executive told Reuters.
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Visit: 41
Fierce community opposition to copper, lithium projects threatens energy transition
Mining News Pro - Nationwide protests against mining projects are once again grabbing headlines amid a sweeping sense of urgency from governments and communities to gain greater control over minerals and metals that are essential for the transition to a low-carbon economy.
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Visit: 48
China’s Ganfeng indefinitely postpones Mexican lithium target date amid gov’t spat
Mining News Pro - A recent government push to cancel Ganfeng Lithium’s concessions has forced the Chinese company to indefinitely postpone its target to start mining the battery metal in Mexico, a company executive told Reuters.
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Visit: 37
More lithium for Widgie Nickel
Mining News Pro - Widgie Nickel has updated its mineral resource estimate (MRE) for the Faraday and Trainline deposits in Western Australia.
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Visit: 31
SQM sells green bond to feed EV battery demand
Mining News Pro - SQM, the world’s second-largest lithium supplier, tapped the US investment-grade bond market as it looks to feed growing demand for rechargeable batteries used in electric vehicles.
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Visit: 72
Albemarle cuts annual forecast on slumping lithium prices
Mining News Pro - Albemarle, the world’s largest producer of lithium for electric vehicle batteries, trimmed its annual forecast on Wednesday and reported a lower-than-expected quarterly profit amid slumping prices for the ultralight metal.
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Visit: 118
US, Australia consider tapping public finance vehicles for critical mineral projects
Mining News Pro - The US Export-Import Bank is being eyed as a venue for boosting investment in Australian critical minerals development to supply components needed in electric vehicles, wind turbines and other technology, Australia’s resource minister said.
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Visit: 78
Zijin says it will advance disputed
Mining News Pro - China’s Zijin Mining said it will defend its right to advance the contested Manono Lithium mine in the Democratic Republic of Congo (DRC), after it was granted permission to develop the deposit.
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Visit: 67
Azure Minerals agrees to $1bn takeover bid from SQM
Mining News Pro - Australia’s Azure Minerals Ltd said on Thursday it had agreed to a takeover offer from Chilean mining giant Sociedad Química y Minera de Chile (SQM), in a deal implying an equity value of A$1.63 billion ($1.03 billion) for the lithium producer.
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Visit: 64
Namibia orders police to stop Chinese firm’s lithium exports
Mining News Pro - Namibia’s government has ordered police to stop Xinfeng Investments from transporting lithium ore inside the country and from exporting it, accusing the Chinese miner of violating the country’s ban on critical raw mineral exports.
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Visit: 86
In Australia’s outback, Rio Tinto prepares for a low carbon future
Mining News Pro - In the red, dusty outback of the Pilbara in Western Australia, the world’s biggest iron ore miner Rio Tinto is preparing for a low carbon future as it maps out new sources of the raw material to ship to the world’s steelmaking industry.
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Visit: 66
Posco-backed group invests in lithium technology startup EnergyX
Mining News Pro - A consortium led by South Korean conglomerate Posco Holdings is investing in lithium technology startup EnergyX as it considers more efficient ways to produce the battery metal for the green energy transition.
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Visit: 71
Tsingshan plans $233 million lithium-related investment in Chile
Mining News Pro - China’s Tsingshan Holding Group will invest $233.2 million to set up a plant in Chile to produce lithium iron phosphate (LFP), used to power electric vehicles, Chilean President Gabriel Boric said on Monday.
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Visit: 80
China’s lithium triangle inroads show US challenges in EV race
Mining News Pro - China’s latest investments in South America’s lithium triangle show the challenges for US efforts to counter the dominance of the world’s second-largest economy in key parts of battery metal supply chains.
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Visit: 62