Latest Updates Around The World
As scrutiny of the battery metals supply chain intensifies, the conversation about sustainability has moved far beyond just carbon footprint. During this year’s Benchmark Week, Stefan Debruyne, director of external affairs at Sociedad Quimica y Minera de Chile (SQM) (NYSE:SQM), made that point unmistakably: Sustainability in lithium is as much about people, processes and transparency […]
Speak at Benchmark weekIola Hughes, head of battery research at Benchmark Mineral Intelligence, outlined a market that is experiencing “very strong growth” and is becoming essential for energy security. Hughes described energy storage as the fastest growing segment in the battery sector today. Benchmark expects the market to grow by about 44 percent this year, […]
Contemporary Amperex Technology (SZSE:300750,OTC Pink:CTATF) is preparing to restart its Jianxiawo lithium mine in Jiangxi province in early December, industry sources familiar with the matter told Bloomberg. The sources, who declined to be named, said CATL has asked suppliers and partners to ready equipment, chemicals and workers, and notified refineries that rely on raw materials […]
Liontown Resources (ASX:LTR,OTC:LINRF) held its first digital spot sales auction for 10,000 wet tonnes of spodumene concentrate from the Kathleen Valley lithium operations in Western Australia. The auction, which attracted more than 50 buyers from nine countries, was held on Metalshub, a metals, mining and recycling software platform founded in 2016. The auctioned concentrate, which […]
China’s lithium market strengthened sharply on Monday (Nov 17) after Ganfeng Lithium (OTC Pink:GNENF,HKEX:1772) chairman Li Liangbin said at a domestic industry conference that demand for the key battery metal could grow by as much as 40 percent by 2026. The most traded lithium carbonate contract on the Guangzhou Futures Exchange rose 9 percent on […]
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 […]
Lithium. Uranium. Vanadium. Titanium. Iron. These are the essential building blocks of the clean energy era: powering electric vehicles, renewable energy storage, defense technologies and advanced manufacturing. They are also at the heart of a new industrial race that is reshaping investments, policies and geopolitics across North America. Across Canada’s vast northern provinces, reconnaissance teams […]
Canadian company PMET Resources (ASX:PMT, TSX:PMET, OTCQX:PMETF) has completed a lithium-only feasibility study on the CV5 deposit of its Shaakichiuwaanaan lithium project in Northern Quebec. The company said the feasibility study confirms that the project is a large-scale and lifetime operation, with CV5’s initial reserve updated to 84.3 million tonnes (Mt) at 1.26 percent lithium […]
Livium Ltd (ASX: LIT) (“Livium” or the “Company”) is pleased to announce that it has received firm commitments from new and existing institutional and sophisticated investors to raise $4.5 million (“Placing”) before expenses. Highlights Received firm commitments of A$4.5 million from institutional and sophisticated investors to accelerate battery recycling, pursue renewable energy and PV recycling, […]
General Motors (NYSE:GM) will impose a $1.6 billion levy as it reshuffles electric vehicle (EV) production as the federal government rolls back clean energy incentives and emissions standards. In one regulatory filing on Tuesday (Oct. 14), GM said the charges include a $1.2 billion non-cash impairment charge due to EV capacity adjustments, in addition to […]
