Canada Lithium Corp shares were marked down more than 8% on Tuesday on massive volumes, after announcing bought-deal financing that investors thought were selling the company cheaply.
Less state involvement, possible lifting of ban on ore exports and smoother licensing process envisaged for South Asian nation.
Lowly lead predicted to be 2014's best performing metal.
Mining operations continued at a reduced level and approximately 100,000 tonnes of ore remain on stockpile at the crusher.
The Mutún reserve is home to 20 billion tonnes of iron ore.
The sleekest, most efficient electronic product is nothing without the battery that powers it. Enter lithium, the raw material battery manufacturers depend on.
Despite the opportunities in the market, the copper giant will focus on its key projects instead.
Critical Elements Corporation is developing a hard-rock lithium and tantalum mine and plant in northern Quebec.
The convertible debenture loan from Apollo Global Management will be used for working capital and general corporate purposes.
The first shipment of 99.5% battery-grade lithium to China from the company's Quebec plant should happen this week.
Battieres accounted for 27% of global lithium consumption.
There could be up to 18 million tons of lithium there, worth up to roughly $500 billion at current market prices
The U.S. currently imports more than 80% of the lithium it uses, with the silvery metal winding up in batteries from cell phones to electric cars.
The move comes as the nation gets ready to sign up to the Norway-based Extractive Industries Transparency Initiative (EITI).
The government has set up a three-year, $15 million plan to back mining and oil and gas projects in Afghanistan.
The country rejected Saturday an independent report claiming security forces used white phosphorus in a crackdown on a Chinese-backed copper mine protest last November.
Company set to supply growing demand in world's biggest auto market.
Quebec junior’s Rose project to make the most of rapidly changing market for critical minerals
It has signed a three-year distributorship agreement with Marubeni Corporation, one of Japan's largest commodities trading companies.
The innovation could enable a completely new generation of devices, known so far as wearable electronics.
Lithium Americas has announced it will invest ARS 3 billion (USD 816.75 million) in its Caucharí-Olaroz mining project in Argentina.
Ancient plant dye acts as outstanding organic electrode
The government of Afghanistan announced Friday its preferred bidders for three of its four current mineral tenders, with a consortium backed by City of London banker Ian Hannam, former BHP Billiton CEO Chip Goodyear and Poland’s multibillionaire Jan Kulczyk, emerging as the biggest winner.
A 6.8-magnitude earthquake hit northern Myanmar on Sunday, collapsing a gold mine, a bridge, damaging several old Buddhist pagodas and leaving as many as 12 people feared dead.
Toyota has announced it will invest USD 150 million in mining company Oro Cobre's lithium mining project located in Salar de Olaroz, Jujuy, Argentina.
About 16 Fisker Karmas, luxury hybirds powered by lithium batteries, caught fire and burned to the ground on Saturday after they were submerged with sea water during Hurricane Sandy. Jalopnik—a Gawker media site which is running off Tumblr while it …
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