Sinomine decries tough Zimbabwe conditions amid lithium price slump
Zimbabwe’s poor infrastructure and policy inconsistencies are worsening the impact of depressed lithium prices on producers of the material mainly used in battery technologies, a Zimbabwean unit of China’s Sinomine Resource Group said.
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Visit: 56
Lithium startups bet on high demand in battery-powered future
As the world leans into electrification, it will need more lithium. A key ingredient in the batteries that power everything from electric vehicles to cell phones, demand is projected to accelerate over the next decade.
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Visit: 70
Potential redevelopment of Kings Mountain lithium mine
Albemarle could breathe new life into the mothballed Kings Mountain mine, with the company submitting state and federal permit applications to advance the project.
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Visit: 105
SQM seeks lithium partner to finance international expansion
SQM is seeking a partner for its international operations as the world’s second-biggest lithium supplier looks to step up its presence outside of home-base Chile, according to people familiar with the matter.
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Visit: 29
IBAT to suspend operations at lithium extraction plant on weak prices
Miner International Battery Metals said on Wednesday it would suspend operations at its modular direct lithium extraction (DLE) plant at private firm US Magnesium until the metal’s prices recovered.
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Visit: 42
Tianqi to keep fighting for say in SQM lithium deal
Tianqi Lithium Corp., a key shareholder in Chilean miner SQM, will continue its battle for a say in a deal that would determine ownership of one of the world’s biggest lithium operations, the Chinese producer’s chief executive said.
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Visit: 44
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.
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Visit: 39
US backs Australian lithium, rare earths projects for up to $786 million
The United States has backed an Australian lithium and a rare earths project with up to $786 million in debt funding as Western countries seek to build supply chains for critical minerals.
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Visit: 56
Arcadium locks in plans for lithium growth
Arcadium Lithium has unveiled plans to achieve a $US1.3 billion ($1.9 billion) earnings before interest, taxes, depreciation, and amortisation (EBITDA) by 2028.
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Visit: 82
Argentina’s economic crisis thwarts bid to go nuclear with lithium bounty
Nuclear scientists eager to add value to Argentina’s lithium bounty are being stymied by the country’s notorious economic problems.
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Visit: 89
Lithium world asks if surprise mine shutdown can arrest slump
An unexpected shutdown at one of China’s biggest lithium mines has left the industry scrambling to judge if the move will be enough to end the battery material’s prolonged price slump.
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Visit: 74
SLB launches lithium filtration system after Nevada tests
SLB on Tuesday said it will commercially launch its version of a direct lithium extraction (DLE) system after years of tests in a Nevada desert and could be producing the electric vehicle battery metal for clients by 2027.
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Visit: 73
Core Lithium takes a bite of Charger
Core Lithium has changed tack after its initial bid for Charger Metals was rejected, and will now acquire a portion of the company through a deal with Charger’s joint venture partner.
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Visit: 66
China sets up Beijing-backed lithium group to tap salt lakes
China Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material from salt lakes in the far west of the country.
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Visit: 72
Chinese lithium producers embrace hedging to manage volatility
Chinese lithium processors are ratcheting up hedging to offset wild swings in the battery metal, a sign that local futures launched around a year ago are gaining traction.
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Visit: 78
Piedmont Lithium pulls US government loan application as prices slump
Piedmont Lithium has pulled its application for a debt package from a popular US government loan program and is scaling back ambitious expansion plans across two continents, as tumbling prices of the electric vehicle battery metal force the US miner to conserve cash.
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Visit: 47
Mineral Resources tightens belt after lithium, iron ore prices fall
Australia’s Mineral Resources (ASX: MIN) is slashing costs to ride out the weak lithium price but founder and chief executive Chris Ellison said the company wasn’t panicking.
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Visit: 67
YPF eyes sale of lithium unit as focus narrows on shale ramp-up
Argentine state-run oil company YPF SA is considering a sale of its lithium unit as part of a sweeping divestment strategy to streamline investments into the heralded Vaca Muerta shale patch.
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Visit: 75
Lithium startups bet on high demand in battery-powered future
As the world leans into electrification, it will need more lithium. A key ingredient in the batteries that power everything from electric vehicles to cell phones, demand is projected to accelerate over the next decade.
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Visit: 63
Zijin to miss lithium output target and control pace of projects
Zijin Mining Group Co., China’s most valuable miner and an aspiring lithium giant, said it will miss its production guidance for the battery material this year as prices continue to languish.
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Visit: 65
BYD says fate of lithium project is in hands of Chile government
BYD Co. said the timing of its lithium project in Chile remains up in the air as the Chinese electric vehicle juggernaut continues to negotiate with authorities in the South American nation.
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Visit: 77
Pilbara prepares for lithium upturn
Pilbara Minerals isn’t deterred by the softening of lithium prices, holding its finances steady and squirreling away expansion projects for the commodity’s triumphant return.
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Visit: 64
Sibanye secures debt funding for Finland lithium mine as prices slump
Sibanye Stillwater said on Thursday it had secured an additional 500 million euros ($557.30 million) debt financing to complete a new lithium mine in Finland, forging ahead with the project amid a slump in prices for the battery metal.
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Visit: 66
Lithium mining is slowly sinking Chile’s Atacama salt flat, study shows
Chile’s Atacama salt flat is sinking at a rate of 1 to 2 centimeters (0.4 to 0.8 inches) per year due to lithium brine extraction, according to a study by the University of Chile.
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Visit: 64
E3, Pure Lithium to test production of lithium metal batteries from Alberta brine
E3 Lithium has extended its partnership with Pure Lithium to advance the design of an anode and battery pilot plant in Alberta, as well as a preliminary economic assessment on a commercial lithium metal battery manufacturing facility.
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Visit: 53