Savannah could request compulsory land acquisitions for Portuguese lithium project
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions for its planned lithium mines in the country’s north, CEO Emanuel Proenca said, adding that it prefers “friendly deals”.
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Visit: 8
India considers incentives for lithium processing
India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New Delhi tries to develop its nascent lithium mining and boost supplies of the EV battery metal, three government sources said.
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Visit: 10
Savannah could request compulsory land acquisitions for Portuguese lithium project
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions for its planned lithium mines in the country’s north, CEO Emanuel Proenca said, adding that it prefers “friendly deals”.
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Visit: 8
Equinor buys 45% stake in two US lithium projects
Equinor on Wednesday said it has entered an agreement with Standard Lithium to acquire a 45% stake in lithium projects located in Southwest Arkansas and East Texas.
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Visit: 33
China issues draft rules to regulate booming lithium battery expansion
China issued draft rules on Wednesday to regulate its lithium battery market, after rapid expansion in the sector hit industry profits and sparked concerns about overcapacity in international market.
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Visit: 24
Ganfeng seeks full control of lithium mine in Mali
China’s Ganfeng Lithium Group Co. plans to pay about $408 million to buy out its partner in a lithium mine being developed in Mali.
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Visit: 50
Codelco: SQM lithium talks on track, but much still to resolve
The chairman of Chile’s state-run copper giant Codelco said on Monday that he expects to reach a lithium deal with mining company SQM on schedule, while noting many issues remain to be resolved.
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Visit: 49
Albemarle may lower capex if lithium prices stay low
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on Thursday.
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Visit: 43
Albemarle profit just misses estimates on weak lithium prices
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, on Wednesday missed first quarter profit estimates on lower prices.
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Visit: 28
China lithium pioneer hands reins to daughter after loss
Jiang Weiping, the founder of major Chinese lithium producer Tianqi Lithium Corp., resigned as chairman after the battery-material producer reported its biggest-ever quarterly loss of more than half a billion dollars.
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Visit: 55
SQM partner Tianqi Lithium requests shareholders vote on Codelco tie-up
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company SQM, in which it is a major shareholder, and state-run copper miner Codelco be put to a shareholder’s vote.
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Visit: 75
India seeks overseas help for lithium processing to avoid relying on China
India is in talks with several countries seeking partnerships for technical help on lithium processing, said four sources familiar with the matter, to bolster its nascent lithium mining and electric vehicle industries and avoid relying on China.
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Codelco defends lithium deal ahead of SQM shareholder meeting
Chile’s state copper company Codelco defended its proposed lithium production tie-up with SQM in response to criticism that the negotiation process has been opaque.
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Visit: 63
Chile indigenous communities suspend dialogue with SQM, Codelco over lithium
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant Codelco and lithium miner SQM over expanding lithium mining in the flat, the groups said in a statement on Monday.
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Visit: 82
Codelco aims to land partner for Maricunga lithium by next year
Chile’s state-run miner Codelco plans to select a partner for a future lithium project in one of the country’s top salt flats, Maricunga, in the first quarter next year, chairman Maximo Pacheco said on Monday.
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Visit: 68
Tianqi takes another shot at probing SQM-Codelco lithium deal
Chile’s SQM called another investors meeting at the request of its second-largest shareholder, Tianqi Lithium Corp., which seeks greater clarity over a proposed deal with copper giant Codelco.
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Visit: 85
Vulcan Energy starts its first lithium chloride production in Germany
Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.
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Visit: 81
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.
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Visit: 77
Lithium trading hits record on CME as funds seize budding market
Trading of CME Group Inc.’s nearly three-year-old lithium hydroxide futures contract is soaring, with more funds crowding into the budding market as prices of the battery metal falter.
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Visit: 81
Top China lithium firms look past profit slump and vow expansion
Undeterred by slumping profits, China’s lithium giants are planning to grab a bigger slice of the market.
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Visit: 50
Mitsui invests in Atlas Lithium with offtake deal from Brazil mine
Mitsui & Co said on Thursday it will spend $30 million to take a 12% stake in US-based Atlas Lithium to venture into Brazil’s lithium mines to tap demand for the battery mineral.
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Visit: 85
Australian lithium producer to sell online in transparency push
Australian miner Mineral Resources Ltd. will use a digital trading platform to sell parcels of spodumene concentrate, a lithium-bearing mineral, in an effort to bring transparency to the market.
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Visit: 78
Chile needs to finalize more lithium plan details to spur investment
The Chilean government’s new plan to usher in private investment at a number of the country’s lithium salt flats may stumble over unresolved details that will raise concerns for investors, mining executives and analysts said on Wednesday.
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Visit: 53
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.
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Visit: 90
Core Lithium CEO steps down following strategic review
Core Lithium produced 49,529 tonnes (t) of spodumene concentrate during the first half of the 2023–24 financial year (H1 FY24), amid the global lithium downturn and the resignation of its chief executive officer (CEO).
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Visit: 92