New tech may help lithium-ion batteries last for nine years

Mining News Pro - Engineers at Australia’s RMIT University are proposing the idea of incorporating a 2D material into lithium-ion batteries to extend their lifetime up to three times longer than today’s technology, that is, to about nine years.

Mexico seeking accord with lithium firm in Sonora state

Mining News Pro - Mexican President Andres Manuel Lopez Obrador said on Tuesday his government wanted to reach agreement with a company over lithium mining in a northern state that will underline Mexico’s right to exploit the valuable mineral.

Albemarle calls for high lithium prices to fuel EV industry growth

Mining News Pro - Albemarle Corp on Tuesday called for lithium prices to remain high indefinitely in order to help the mining industry develop new sources of the electric vehicle (EV) battery metal and fuel the green energy transition.

Albemarle calls for high lithium prices to fuel EV industry growth

Mining News Pro - Albemarle Corp on Tuesday called for lithium prices to remain high indefinitely in order to help the mining industry develop new sources of the electric vehicle (EV) battery metal and fuel the green energy transition.

American Lithium’s 51% stock bounce has CEO upbeat on year

Mining News Pro - American Lithium Corp.’s stock is experiencing a dramatic revival following its new US listing and a promise to update investors on its much anticipated Nevada project.

Bolivia taps Chinese battery giant CATL to help develop lithium riches

Mining News Pro - Bolivia has chosen a consortium including Chinese battery giant CATL to help develop the South American country’s huge, but largely untapped, reserves of lithium after a lengthy bidding process involving firms from the United States and Russia.

Lithium’s next big risk is grand supply plans falling short

Mining News Pro - Electric-vehicle makers are hoping that an imminent wave of lithium supply will bring relief for their expansion plans after a two-year squeeze, but the battery metal’s die-hard bulls warn of more pain to come if producers fail to deliver.

And the winner for most volatile commodity this decade goes to…lithium

Mining News Pro - Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China, inflation plagued the developed world and the Ukraine war upended global energy.

Biden backs Nevada lithium mine with $700 million loan offer

Mining News Pro - A Nevada lithium mine that would be only the second in the US is getting backing from the Biden administration as it seeks to boost the domestic supply of the critical mineral needed to make electric vehicle batteries.

Tianqi, IGO to buy Australian lithium junior Essential Metals

Mining News Pro - Tianqi Lithium Energy Australia, a joint venture between Tianqi Lithium and IGO Ltd, has made a A$136 million ($94m) bid to acquire lithium explorer Essential Metals as part of the partners’ plan to expand their footprint into Western Australia.

Ruling in Thacker Pass lithium mine case expected within months

Mining News Pro - A US judge said on Thursday she will rule “in the next couple of months” on whether former President Donald Trump erred in 2021 when he approved Lithium Americas Corp’s Thacker Pass lithium mining project in northern Nevada.

US Treasury signals opening for foreign carmakers on EV subsidy

Mining News Pro - The US Treasury Department signaled some imported cars will qualify for electric-vehicle tax credits in the Inflation Reduction Act, a move that could assuage Asian and European allies’ concerns about the sweeping climate legislation.

Lithium explorer Wealth Minerals targets European investors

Mining News Pro - Wealth Minerals Ltd. is betting that its plan to use a more sustainable lithium mining method will lure European buyers of the mineral used in electric vehicle batteries and solar panels.

Lithium miner sees 25% price drop in boon for EV industry

Mining News Pro - Lithium’s going to get less expensive in 2023, according to a Chinese supplier of the battery metal, potentially offering some relief to electric-vehicle makers squeezed by soaring costs.

Rio Tinto hunts for lithium deals, eyes Jadar revival

Mining News Pro - The company had to shelve its proposed $2.4 billion Jadar lithium mine in Serbia early this year after the government revoked the project’s licences.

Sigma Lithium to wrap up first phase of $5.1bn Brazil project next month

Mining News Pro - Sigman Lithium, which values the project at $5.1 billion, expects to generate significant free cash flows in the second quarter of 2023, thanks to strong metal prices.

Toyota-Panasonic’s battery venture looking for new coastal site

Mining News Pro - The company, which formally started operations in 2020, also plans to pare production costs by adopting Toyota’s so-called kaizen process of increasing productivity via tiny, continuous improvements as it takes on bigger battery making rivals around the region.

Canadian lithium juniors assess legal options after Chinese investors ordered to divest

Mining News Pro - The third Chinese company ordered to divest its equity stakes in Canadian companies is Chengze Lithium International Ltd., which has investments in Lithium Chile Inc.(TSX-V: LITH), headquartered in Calgary.

Volatility storm adds to pain for Chile’s battered markets

Mining News Pro - The last few months of white-knuckle trading in Chilean assets, on a par with the most unstable of its emerging-market peers, is erasing the final traces of the country’s reputation as the most stable of Latin America.

Australia could grab 20% of the world’s lithium refining by 2027

Mining News Pro - Australia is poised to grab a fifth of the world’s lithium hydroxide refining capacity within five years as demand grows for battery metals that bypass China, Canberra said in a report.

US steps away from flagship lithium project with Berkshire

Mining News Pro - In a February meeting with mining executives, President Joe Biden laid out an aggressive goal for the United States to produce more of its own minerals for the electric vehicle revolution in ways that respected the environment.

EV makers must partner with miners to secure key metals

Mining News Pro - A key lithium producer in Australia, the world’s top supplier, is urging electric car manufacturers and battery makers to become its partners in new refinery projects, arguing their direct financial backing is vital to avoid shortfalls of the material that’s crucial to the clean energy transition.

Peru targets local lithium battery production

Mining News Pro - Peru wants to produce lithium batteries domestically, a government official said on Wednesday, joining other Latin American nations with lofty ambitions to industrialize their resources of the ultralight metal needed to power electric vehicles.

South Korea’s SK On inks deal with Global Lithium Resources for lithium supply

Mining News Pro - South Korean battery maker SK On said on Thursday it signed a memorandum of understanding with Australia’s Global Lithium Resources Ltd for stable supply of lithium.

Australia’s mining state aims to build battery manufacturing hub

Mining News Pro - Western Australia is seeking to lure more overseas investment to become a key battery manufacturer, promising financial backers from ally nations they will avoid limits on foreign ownership or repatriation of profits.

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