Latest Updates Around The World
Albemarle (NYSE:ALB) is raising its long-term outlook for lithium demand after a breakout year for stationary energy storage, underscoring a shift in the battery materials market that is no longer powered solely by electric vehicles. The US-based lithium giant reported this fourth quarter 2025 net sales of $1.4 billion, up 16 percent year-over-year, with adjusted […]
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 […]
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 […]
