American Lithium estimates almost $600m in annual cash flow for Tonopah

Mining News Pro - Analysts say American Lithium‘s Tonopah project in Nevada could run at world-beating costs based on a new study including the sale of by-product magnesium.

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.

UK university, Bolivian government join forces to boost lithium industry

Mining News Pro - The University of Warwick and the Bolivian Government have joined forces to collaborate on lithium battery research with the goal of backing the South American country’s efforts to become a world leader in renewable energies and electric vehicles.

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 buys back royalty on TLC project in Nevada

Mining News Pro - American Lithium has entered into an agreement with Nevada Alaska Mining, an arm’s-length party, to buy back the remaining 1% gross overriding royalty on the company’s wholly owned TLC lithium project in Nevada.

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.

Wealth Minerals delivers first resource estimate for Ollagüe lithium project in Chile

Mining News Pro - Lithium developer Wealth Minerals (TSXV: WML) reached a significant milestone on Tuesday with the release of the first resource estimate for its Ollagüe project in Chile.

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.

Arkle Resources finds lithium in Ireland

Mining News Pro - Diversified explorer Arkle Resources said on Thursday it had found lithium bearing pegmatites at its Mine River Block gold project in Ireland.

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

Mining News Pro - Vale, the world’s second largest iron ore miner and top nickel producer, has shortlisted suitors for 10% of its base metals business estimated to be worth nearly $2.5 billion.

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.

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.

China may extend state iron ore buying strategy to lithium

Mining News Pro - BMO Capital Markets picked state control of China’s raw material purchases as one of its key themes of 2023.

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.

Albemarle to build $180m US lithium research centre

Mining News Pro - Albemarle has been working this year on opening new facilities to process mined lithium into the chemicals needed for batteries and it’s on track to more than double conversion capacity from last year.

Sigma Lithium secures $100 million for Brazil mine expansion

Mining News Pro - The Canadian miner said the debt-financing deal extends until August 2023, which gives it enough time to ramp up production at Grota do Cirilo, one of the largest hard rock lithium deposits in the Americas.

EV battery cathode costs spike as lithium price sets fresh record

Mining News Pro - For lithium that change happened in 2018, which, for one, shows just to what extent the EV industry is still in its infancy, and two, just what an impact the additional demand from EVs will have on raw material prices.

Zimbabwe signs agreement with Tsingshan to set up lithium operations

Mining News Pro - Mnangagwa and Tsingshan’s founder, Chinese tycoon Xiang Guangda, oversaw the signing of an outline agreement for Tsingshan’s planned expansion projects in Harare on Tuesday.

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