Zimbabwe’s Kuvimba signs $310 million lithium mine deal

Zimbabwe’s state-owned Kuvimba Mining House has signed a $310 million deal with a consortium of British and Chinese investors for the construction of a lithium concentrator, the company announced on Thursday.

Sodium-ion battery startup sparks lithium alternative

Peak Energy, an energy-storage startup, received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to the widely used lithium-ion technology.

Germany Chancellor plans lithium deal with Serbia after Rio ruling

German Chancellor Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry, according to people familiar with the matter.

Argentina tripled lithium carbonate production capacity in last two years

Argentina tripled its lithium carbonate equivalent (LCE) production capacity in the last two years, driven by new projects that have boosted installed capacity to 136,500 tons nationwide, the country’s Chamber of Mining Entrepreneurs (CAEM) reported on Tuesday.

Rio Tinto hails another step closer to develop Serbian lithium mine

Mining group Rio Tinto welcomed on Tuesday the Serbian government’s reinstatement of its licence to develop Europe’s biggest lithium mine, in a potential boost to the continent’s electric vehicle industry.

Ganfeng Lithium plans to build $1.1 billion trading desk

Battery-material giant Ganfeng Lithium Group Co. said it would set up a derivatives-trading desk, in a sign the industry is seeking to hedge against risks after a period of extreme volatility and geopolitical tensions.

Chilean lithium to be eligible for US tax break

Products made with Chilean-mined lithium – used for electric-vehicle batteries – will be eligible for US tax benefits, the Andean country’s government said on Thursday.

Global lithium sector eyes Argentina’s salt flats on tech test run

In a dusty plain in northern Argentina’s mountains, black tubes stretching two stories high fill a massive tank with salty brine sucked from deep below ground.

Chile to open call for preferential pricing on Albemarle lithium in one month

Chile will open calls in a month for lithium component producers to compete for preferential pricing on lithium produced by Albemarle, the head of Chile’s CORFO economic development agency said on Tuesday.

Lithium projects likely to exceed government targets in Chile

Chile’s government said that strong interest from private firms in lithium deals meant it could exceed its goal of three to four new projects in development by the end of 2026.

Chile to analyze 81 private lithium proposals, eyeing four projects by 2026

Chilean officials on Tuesday said they will consider 81 proposals for lithium projects, putting the country on track to surpass a goal of four new projects by the end of 2026, even as questions remain about how the process will move forward.

Tsingshan’s lithium brine lake project in Argentina starts production

Chinese nickel giant Tsingshan Holding Group said on Tuesday its lithium brine lake project in Argentina started production on July 3.

BASF pulls plug on Chile investment plans amid EV slowdown

German chemicals maker BASF SE has abandoned plans to invest in lithium mining assets in Chile as a slowdown in electric-vehicle adoption worldwide drags down battery metal prices.

Lithium producers bullish on long-term demand despite recent price drop

The world’s largest lithium producers told a major industry conference this week they remain bullish on long-term demand for the electric vehicle battery metal despite the recent price plunge that has forced layoffs and curtailed expansions.

Tianqi asks Chile regulator to reconsider decision on SQM-Codelco deal

China’s Tianqi Lithium has appealed Chile’s financial regulator to reconsider its decision about the SQM-Codelco lithium deal not needing shareholder approval, the Financial Market Commission confirmed on Friday.

Disputed Sigma Lithium land has ‘probable’ reserves, study shows

Sigma Lithium, the biggest player in Brazil’s booming lithium industry, told regulators late last year it had found likely mineral reserves on two plots of disputed land, about a month after it said they held “no mineral reserves and resources,” according to previously unreported regulatory documents.

E3 expects Clearwater project to produce lithium hydroxide at 32,250 t/y

Canadian lithium-focused company E3 Lithium said on Wednesday its Clearwater project in Alberta would have an initial capacity of 32,250 tonnes of lithium hydroxide per year.

Lithium’s ongoing slump has traders searching for recovery signs

Lithium industry watchers hoping the battery metal was poised to rebound from an epic slump have been hit by the realization prices have fallen again this month, with inventories piling up as electric vehicle demand signals stay gloomy.

Tianqi weighs legal actions after Chile regulator clears SQM-Codelco deal

China’s Tianqi Lithium said on Friday it was evaluating possible legal action against a Chilean regulator’s ruling allowing a tie-up between No. 2 lithium producer SQM, which it owns around a fifth of, and Chile’s state-run copper giant Codelco.

Pilbara Minerals eyes $800 million road to double lithium output

Pilbara Minerals, Australia’s biggest independent lithium producer, on Friday laid out a A$1.2 billion ($799.2 million) plan to double production capacity for lithium spodumene at its Pilgangoora operation in Western Australia.

China to regulate lithium-ion battery industry amid fast expansion

China’s Ministry of Industry and Information Technology on Wednesday issued new guidelines for its lithium-ion battery industry, aiming to transform, upgrade and promote high-quality development amid rapid expansion in the sector.

Italy moves to boost procurement, reuse of critical raw materials

Italy is set to adopt a package of measures aimed at boosting procurement and reuse of critical raw materials, a draft decree seen by Reuters shows, including simpler permitting procedures for the release of mining concessions.

Chile lithium projects garner interest from over 50 companies

More than 50 companies have expressed interest in developing lithium projects in Chile, Finance Minister Mario Marcel said on Tuesday, after the government called for proposals for a range of salt flats containing the battery metal.

Chinese premier’s Western Australia tour spotlights global race for critical minerals

Chinese Premier Li Qiang visited a lithium processing plant in resource-rich Western Australia state on Tuesday, highlighting China’s push to secure critical minerals as Washington tries to break Beijing’s supply dominance.

Chile says Saudi mining minister to visit, lithium expected on agenda

Chile’s government said on Saturday that Saudi Arabia’s mining minister will travel to the Latin American country in July and plans to meet with his counterpart in Santiago.

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