Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.
Lithium Mining News
Nickel has finally succumbed to the base metals price rout.
The Maricunga project in northern Chile has seen significant past exploration, with over $30 million spent to date.
Lake Resources and Lilac Solutions claim they can produce lithium carbonate or lithium chloride more rapidly and at a lower cost than others.
The proposed tax, to be applied on the nominal value of extracted metals, would affect copper miners that produce more than 12,000 tonnes of the metal and those extracting 50,000 tonnes of lithium a year.
The focus on lithium-ion batteries seems to reflect supply and demand of lithium and cobalt but it would be very wrong not to include nickel.
Partners may lose their right to develop the Mt Holland lithium project after a recommendation by a unit of the West Australian government that regulates mining leases.
Saft, Siemens, Solvay and Manz teamed up in February to develop high-density liquid electrolyte lithium-ion and solid-state batteries.
Demand for a new generation of electric vehicles is breathing life into an Alpine mine.
The court is scheduled to hear the details of the settlement agreement on Sept. 13, and is slated to make a decision on the case by Oct. 4, the FNE said in a statement.
Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
Namibia's Desert Lion Energy ceases all operations as Chinese lithium prices plummet to three-year lows – down by half since the start of 2018.
Batteries made by the U.S. manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up.
The project, which straddles salt flats and lakes across 135 square miles near the Chilean border, is billed as having high concentrations of lithium.
Metal bulletin reasearch’s forecast is for the lithium market to shift into a supply surplus this year and as such we have expected prices to fall.
Dyson Ltd., best known for its vacuum cleaners and hand dryers, is charging ahead with a 2-billion-pound effort to start building electric cars.
The Goulamina mine is one of the world’s largest undeveloped high-grade lithium deposits and will represent 15% of the current global lithium supply.
Ganfeng Lithium Co Ltd has filed for a Hong Kong stock market flotation, betting on a rise in demand for lithium as electric cars become more mainstream.
Being home to Europe’s biggest rock collection has finally come in handy for Sweden
In Chile, threats of a government crackdown on over-usage of water often ring hollow. Mines need water, and the country´s copper-driven economy needs mines.
Over the next few years, the lithium sector in Western Australia will benefit from project expenditure of several billion dollars.
Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year.
The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.
"Poorer life cycle, reduced safety and misrepresented relative cost savings are all major concerns for electric vehicle producers."
But the world's second largest producer said they will remain higher than the average reached last year.