Slumping lithium prices signal angst over China’s demand outlook
Mining News Pro - Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand for the material, a key ingredient in electric vehicle batteries.
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Visit: 23
Lithium Royalty seeks to buy rival to gain Argentina stake
Mining News Pro - Canada’s Lithium Royalty Corp. offered to buy rival TNR Gold Corp. for C$15 million ($11 million) in a bid to get a cut of revenues from an Argentina lithium project.
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Visit: 19
Lithium Royalty seeks to buy rival to gain Argentina stake
Mining News Pro - Canada’s Lithium Royalty Corp. offered to buy rival TNR Gold Corp. for C$15 million ($11 million) in a bid to get a cut of revenues from an Argentina lithium project.
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Visit: 20
American Lithium bets it can open mine in Peru by 2027
Mining News Pro - A subsidiary of American Lithium is betting it can defy the odds in Peru and open the country’s first lithium mine in speedy fashion despite a sluggish permitting system that can keep projects on hold for years.
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Visit: 30
Core Lithium jumps most since Jan 2021 on maiden annual profit
Mining News Pro - Shares in Core Lithium jumped more than 25% on Friday, set for their best day since January 2021 after the miner posted its maiden profitable annual results.
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Visit: 32
Brazil mineral rights dispute casts shadow on Sigma Lithium expansion
Mining News Pro - A Brazilian court injunction is halting the sale or mining of two plots of land where takeover target Sigma Lithium is planning open pits, according to court documents seen by Reuters.
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Visit: 28
US weighing record $1 billion loan for massive lithium mine in Nevada
Mining News Pro - The US Energy Department is in talks to lend a record $1 billion to the developer of one of the country’s largest lithium deposits in a push to build out a domestic supply of critical minerals.
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Visit: 32
Mexico not able to cancel Ganfeng Lithium concessions
Mining News Pro - Mexico will not be able under the law to cancel concessions for China’s Ganfeng Lithium in the government’s bid to tighten control over its potentially lucrative lithium reserves, the president of Mexico’s mining chamber said on Wednesday.
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Visit: 26
CleanTech Lithium to kick off production at second Chile mine in 2027
Mining News Pro - Chile-focused CleanTech Lithium said on Tuesday that results of a recently completed scoping study of its Francisco Basin project confirmed the asset’s forecast potential and estimated production start in 2027.
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Visit: 34
Argentina mining exports to near $4.5bn in 2023 amid lithium boom
Mining News Pro - Argentina’s mining exports will reach around $4.5 billion in 2023, up from the 2022 total amid strong prices and the launch of a new lithium mine, the president of the sector’s main business chamber told Reuters late Thursday
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Visit: 36
Welcome to the crazy world of China’s lithium mine auctions
Mining News Pro - Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.
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Visit: 37
Sigma Lithium surges after attracting strategic proposals
Mining News Pro - Sigma Lithium Corp. surged 15% after saying it’s reviewing a number of strategic approaches in the latest sign of rampant dealmaking in the sector.
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Visit: 64
Ancient volcano in US may hold largest lithium resource on Earth
Mining News Pro - A group of US geologists may have found what they believe to be the world’s largest lithium reservoir inside an ancient supervolcano sitting along the Nevada-Oregon border.
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Visit: 33
Scramble for riches: Can South America’s Lithium Triangle mint new millionaires?
Mining News Pro - The Lithium Triangle comprising Argentina, Bolivia and Chile holds two thirds of the world’s lithium reserves. Yet the South American region sitting 12,500 feet above sea level makes a much smaller fraction of the world’s new ‘white gold’ used to make highly demanded electric vehicles (EV)s, smartphones and laptops.
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Visit: 54
Chile lithium rebound offers relief to miners hit by China angst
Mining News Pro - A rebound in lithium exports from the No. 2 supplier Chile offers some relief for the nation’s two producers, SQM and Albemarle Corp., which have been hit by slumping prices.
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Visit: 54
Ghana sovereign wealth fund invests in nation’s first lithium mine
Mining News Pro - Ghana’s sovereign wealth fund will invest almost $33 million in a lithium mine in the country and take a minority stake in its developer Atlantic Lithium, the company said on Friday.
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Visit: 49
Lithium players race for breakthrough to meet electric car demand
Mining News Pro - On the outskirts of El Dorado — heart of Arkansas’ 1920s oil boom — a company backed by Koch Industries Inc. is looking to dramatically speed up extraction of a battery metal essential to weaning the world off fossil fuels, while proving naysayers wrong in the process.
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Visit: 91
E3 Lithium stock hits 2.5-year high as it advances production testing in Alberta
Mining News Pro - Shares of E3 Lithium rose to a 52-week high on Wednesday as the company inched closer towards completing its production testing process for battery-grade lithium material.
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Visit: 51
Lithium buyers eye cheaper early-stage deals in Australia
Mining News Pro - Emerging Australian lithium companies are witnessing a surge in buyouts as their lower valuations and cash needs attract some of the world’s top producers of the battery material and other suitors who are racing to secure supplies.
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Visit: 40
Lithium buyers eye cheaper early-stage deals in Australia
Mining News Pro - Emerging Australian lithium companies are witnessing a surge in buyouts as their lower valuations and cash needs attract some of the world’s top producers of the battery material and other suitors who are racing to secure supplies.
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Visit: 169
Lithium craze sparks 1,100% stock gains as well as deep losses
Mining News Pro - Investors who bought Australian lithium stocks at the start of the year could have doubled their money or lost more than half of it — reflecting the extreme volatility of companies mining one of the world’s hottest commodities.
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Visit: 57
Piedmont commits to funding Atlantic Lithium’s Ghana project, acquires 22.5% stake
Mining News Pro - Piedmont Lithium (Nasdaq: PLL; ASX: PLL) has exercised its option to acquire an initial 22.5% stake in Atlantic Lithium’s (AIM: ALL, ASX: A11) Ewoyaa project in Ghana, having committed $17 million to fund the project through its definitive feasibility study (DFS).
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Visit: 68
SQM sees similar lithium prices going forward after earnings dip
Mining News Pro - The CEO of Chilean lithium miner SQM expects prices for the key battery metal to hold steady in the third quarter from the previous one, he said on Thursday, while predicting demand would keep growing.
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Visit: 37
Stellantis invests more than $100 million in California lithium project
Mining News Pro - Automaker Stellantis said it would invest more than $100 million in California’s Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the global hunt for new sources of the electric vehicle battery metal.
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Visit: 61
More than 50 firms want in on new lithium-mining model in Chile
Mining News Pro - Mining companies are jostling to negotiate lithium deals under a new government model in Chile.
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Visit: 41