Albemarle to auction lithium as part of push for price transparency

Albemarle, the world’s largest producer of lithium for electric vehicle batteries, said on Wednesday that it will hold several auctions to sell supplies of the metal as part of a push to boost market transparency.

Teck Resources mulls British Columbia battery recycling plant

Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday.

Liontown Resources enters $363m debt facility for lithium project ramp-up

Australia’s Liontown Resources said on Wednesday it has entered a A$550 million ($363.2 million) debt facility for the planned ramp-up and expansion of its flagship Kathleen Valley lithium project in Western Australia.

Pilbara Minerals signs offtake agreement with China’s Sichuan Yahua

Pilbara Minerals said on Tuesday it has signed an agreement with Sichuan Yahua Industrial Group for the supply of spodumene concentrate from the lithium miner’s Pilgangoora operation in Western Australia.

Ganfeng Lithium plans to buy 15% stake in Pastos Grandes project

Ganfeng Lithium said on Tuesday it plans to buy a stake of at least 14.8% in a subsidiary of Lithium Americas Argentina Corp, as China’s leading lithium producer ramps up its efforts to secure resources.

Frontier Lithium, Mitsubishi form JV for Canadian lithium operations

Canadian miner Frontier Lithium said on Monday it is forming a joint venture with Japanese trading house Mitsubishi to help advance lithium mining and processing in Ontario.

Yellen praises Chile’s policies in visit to lithium-rich ally

US Treasury Secretary Janet Yellen on Friday lavished praise on Chile during a visit aimed at strengthening ties with an ally whose critical minerals are key to weaning dependence off China.

SQM profit down 82% as lithium prices slide

Chile’s SQM, the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks.

SQM expands into lithium glut in bet that buyers will return

SQM, the world’s No. 2 lithium producer, is plowing ahead with expansions in an oversupplied market, building stockpiles of the battery metal to be ready when purchasing rebounds.

SQM profit down 82% as lithium prices slide

Chile’s SQM, the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks.

Scientists develop non-flammable electrolyte for lithium-metal batteries

Using computational science, researchers at the Korea Institute of Science and Technology (KIST) and the US Lawrence Livermore National Laboratory have developed a fluorine-substituted high-voltage stable chloride-based solid-state electrolyte.

Australia’s lithium producers see signs market is stabilizing

Pilbara Minerals said on Thursday it saw signs the lithium market was stabilizing as Australia’s top producers reported a slump in earnings and took steps to ride out slowing demand for the raw material of electric vehicle batteries.

Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million

US miner Piedmont Lithium said on Wednesday it would sell its remaining shares in Australian miner Sayona Mining for about A$59.9 million ($39.28 million).

Australian lithium stocks rally on speculation of China mine closure

Australian lithium stocks rallied on Monday on speculation that Chinese battery maker CATL had closed its Jianxiawo mine in China that produces the material used in electric vehicle batteries.

Exxon aims to make key lithium technology decision by year

Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world’s top producers of the battery metal, an executive said on Thursday.

Lithium players to gather in Arkansas as low prices pressure industry

Exxon Mobil, Albemarle and others eyeing ways to tap Arkansas’s vast lithium reserves will gather in Little Rock this week as the industry grapples with sagging prices for the battery metal that have spooked investors and fueled layoffs.

Despite weak lithium prices, Albemarle beats on cost cuts

Albemarle, the world’s largest lithium producer, posted a better-than-expected adjusted quarterly profit on Wednesday as aggressive cost cuts helped offset plunging prices for the metal used to make electric vehicle batteries.

Valor expands lithium hold in Canada

Valor Resources has set itself up to acquire Frazer Lake lithium project in Canada.

Portuguese prosecutors seek to annul environment permit for Savannah lithium mine

Portuguese prosecutors have asked a judge to annul an environment permit for a lithium mining project being developed by London-based Savannah Resources, alleging various legal infringements, a court document seen by Reuters showed.

GM, Stellantis-backed lithium startup seeks more than $1 billion for brine project

A private US lithium startup backed by Stellantis NV and General Motors Co. is working with financial advisers to seek more than $1 billion for its project in California.

Albemarle lays off 300 employees on weak lithium prices

Albemarle (NYSE: ALB), the world’s largest lithium producer, is said to have laid off more than 300 employees, or 4% of its total workforce, across its US and global operations.

Battery metal bust spurs output cut at leading lithium project

Australia’s biggest lithium mine has become the latest battery-metals venture to feel the pain from faltering demand growth, with output set to be trimmed as prices sink.

Lithium miners warn on plunging profits after price freefall

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry, telling investors to prepare for tumbling profits and asset writedowns.

Battery metal bust spurs output cut at leading lithium project

Australia’s biggest lithium mine has become the latest battery-metals venture to feel the pain from faltering demand growth, with output set to be trimmed as prices sink.

Sigma Lithium’s chief controls officer exits company in latest shake-up

Sigma Lithium’s chief controls officer (CCO) Raphael Dias has left the company, he told Reuters on Friday, in the latest management shakeup at the Vancouver-based miner.

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