Mineral Resources (ASX:MIN,OTCQB:MALRF) and Korean steelmaker POSCO Holdings (NYSE:PKX,KRX:005490) have signed a binding agreement, creating a lithium joint venture. According to the editionthe new entity will own 50 percent of Mineral Resources’ existing ownership in the Wodgina and Mt Marion lithium mines in Western Australia. POSCO will make a cash payment of US$765 million to […]
The lithium sector of Australia is confronted CV Production at the Jianxiawo -my in Yichun, the province of Jiangsu. The operations were stopped in August when the license of the mine expired, with the suspension initially expected to last three months. Jianxiawo produces around 65,000 tons of lithium carbonate equivalent annually, about 6 to 8 […]