Lithium market struggles to recover after epic boom and bust

A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is more prepared than ever to keep pumping out supplies.

Goldman sparks bear-bull battle in the lithium market

Mining News Pro - Is the white-hot lithium market about to be dowsed in a cold cyclical shower of oversupply?

Lithium market poised for recovery

Mining News Pro - Pilbara Minerals has reached record December quarter shipments at the Pilgangoora lithium-tantalum project in Western Australia while flagging a rebound in the lithium market.

Albemarle moves ahead with expansions despite lithium market weakness

Mining News Pro - Albemarle Corp, the world’s no. 1 lithium producer, is moving forward with expansion projects at Kemerton in Western Australia and La Negra in Chile, both of which it expects to commission next year.

Uranium One targets 10% of lithium market by 2030

Mining News Pro - Uranium One, a unit of Russia’s state-owned nuclear energy firm Rosatom, plans to begin producing lithium by 2023, targeting between 9% and 10% of the global market by 2030.

Mineral Resources, Albemarle pause Wodgina output on weak lithium market

Mining News Pro - Australia’s Mineral Resources Ltd said on Friday its newly formed joint venture with Albemarle Corp had decided to pause operations at the Wodgina Project due to “challenging” lithium market conditions.

Australia’s Alita Resources takes price cut on shipment amid tough lithium market

Mining News Pro - Alita Resources Ltd said on Tuesday that its shipment of lithium concentrate to a China-based chemicals maker was below a previously set floor price amid higher lithium supply.

Albemarle puts brakes on growing plans amid lithium market weakness

Mining News Pro - Albemarle Corp (NYSE: ALB), the world’s No. 1 lithium producer, is delaying plans to add about 125,000 tonnes of processing capacity as an oversupply of the white metal used to make the batteries that power electric vehicles (EVs) and high tech devices continues to drive down prices.

Albemarle revises Australian Wodgina joint venture as lithium market sags

Mining News Pro - Albemarle Corp, the world’s largest lithium producer, has revised a deal to buy into Australia’s Mineral Resources Ltd’s Wodgina mine to cut spending on the deal and better cope with a slump in the lithium market.

RPT-FOCUS-Inside Albemarle`s quest to reinvent the lithium market

Mining News Pro - As global demand for lithium hits overdrive, Albemarle Corp is investing millions of dollars to engineer specialized types of the light metal for electric car batteries, part of a strategy to remain the niche market`s top producer.

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