The exchange is instead looking at offering a cash-settled cobalt metal contract.
Lithium Mining News
The EV story is a strong, slow-burn bull case for higher nickel prices.
Using a 3-D layer of polydimethylsiloxane (PDMS), or silicone, reduces dendrite growth, which makes batteries safer and longer-lasting.
A new mining code in the cobalt-rich Congo will lead to higher costs for consumers of the battery metal at a time automakers are expanding production of electric vehicles, experts say.
Electric vehicle boom sees number of companies exploring for lithium and cobalt tripling to 188 as budgets balloon according to new report.
Global spending on the search for nonferrous metals rose to an estimated US$8.4 billion in 2017, compared with US$7.3 billion in 2016.
The play by Vancouver-based MGX Minerals is part of a global scramble for the super-light metal used in smart phones and electric vehicles.
According to minister Aurora Williams, miners with operations in the country currently spend $20 billion on support services a year and figure is set to increase.
According to chief executive officer Patricio de Solminihac, the world will need at least 50,000 tonnes of lithium a year until 2023.
The deal confirms the company’s tenure of ~45,000 hectares of mining leases that cover the Olaroz – Cauchari Lithium Brine Project and the Paso Lithium Brine Project.
The Vancouver-based company fell the most in nearly two years Wednesday.
Zimbabwe is keen to attract investment after Mugabe era and is already Africa's top lithium producer.
Prices for lithium have more than doubled in the past two years on forecasts for massive demand from the electric vehicle industry.
South Korea's largest steel producer has acquired 4.8% stake in Pilbara Minerals, from which it will buy up to 240,000 tonnes of lithium concentrate per year.
“Look at what’s required over the next 50 years, 60 years, and known lithium on the planet, I don’t think it’s as much as everyone understands it to be.”
Garibaldi Resources beats out tech, energy, life sciences firms for Toronto market's annual crown with 2,351% market cap gain and 150m shares traded.
Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.
The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina.
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.
A whopping two-thirds of MINING.com readers say battery-technology metals will perform better than precious or base metals this year.
The administration wants to identify new domestic sources of critical minerals and increase domestic exploration, mining and recycling.
Sweden will step up efforts to find precious minerals such as cobalt and lithium, key battery components that are in demand among makers of EVs.
As of Dec. 31, the firm owned 1.2 million American depositary receipts in SQM, one of the world’s largest lithium producers.
Without changing the way it operates, the Canadian miner now wants to set foot in the world’s second lithium producing country.