Lithium Mining News

Australia's Prospect Resources closing in on Zimbabwe lithium financing

The Australian-listed company expects to secure more than $55 million in funding for the first phase of the Arcadia Lithium project.

Electric vehicle rush fuels optimism at LME Asia Week

Chinese cobalt producers such as Jinchuan Group and Wanbao Mining said they were ramping up production to sate an anticipated demand boom from EVs.

China tightens grip on global battery metals with Chile deal

Chengdu-based Tianqi is seeking to almost triple production capacity through 2020.

The big battery boom hits another roadblock: fire-fearing cities

 The new era of big batteries has already drawn scrutiny after fiery electric-car crashes across America and Europe.

US confirms list of 35 key minerals, targets domestic supply boost

Uranium and key rechargeable battery metals lithium and cobalt are on a final list of 35 critical minerals that the US deems essential to national security.

It's time to regulate the lithium cartel

There is an emerging oligopoly in one of the hottest elements on the periodic table, lithium.

China's Chilean entry raises doubts about lithium price outlook

SQM shares plunge after Tanqi Lithium acquisition seems to indicate cooling fervour for lithium assets.

Zimbabwe lithium excites but projects face funding hurdle

President Emmerson Mnangagwa has been trying to shore up foreign investor interest in a country rich in mineral resources but starved of capital.

China’s Tianqi Lithium buys minority stake in SQM for $4.1bn

The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.

Australia's Kidman Resources to supply lithium hydroxide to Tesla Inc

The deal is for an initial three-year term on a "fixed-price take-or-pay basis."

Argosy seeks project financing for Argentina lithium site through pilot sales -exec

Argosy's Rincon project in northern Argentina will start producing 500 tonnes per year of lithium carbonate equivalent (LCE) next month.

Chemists find new way to create lithium metal electrodes for batteries

The experts developed a new process for creating lithium metal that may boost the energy and capacity of rechargeable batteries.

Canadian explorer looking to restart Europe's last tin mine to list in London

Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.

Argentina luring Australian investors into its mining sector

The Deputy Secretary for Sustainable Mining is scheduled to meet with executives from Australia's largest mining companies and banks.

Nutrien speeds up sale of $4bn-stake in Chilean lithium giant SQM

The world’s largest potash miner said it expected to have an announcement on the matter by the end of June.

Private firm takes on Codelco for control of Chile lithium deposit

Australia's Lithium Power International and Canada's Bearing Lithium have sued Chile to block state-run Codelco from exploiting a lithium deposit where both have claims.

Zimbabwe miner looking at refinery upgrade for battery grade lithium

Zimbabwe Mines Minister Winston Chitando said the country would generate revenue of $1.4bn over eight years from the Kamativi lithium project.

China lithium top player boosts investment in emerging Australian miner

Chinese companies continue to aggressively try securing steady supply of lithium, a key ingredient in the making of batteries that power electric cars.

Australian lithium miner, Chile's SQM choose site for new plant in West Australia

Kidman Resources has chosen a site in Kwinana, Western Australia with Chilean joint venture partner SQM to develop a lithium processing plant.

Brazil's Sigma Lithium to list in Toronto next week

The Brazil-based lithium mine developer eyes a wave of demand for the metal used in rechargeable batteries for iPhones and electric cars.

US to fund batteries that store power for days, not hours

The U.S. is looking for new battery technologies that are cheaper and can hold onto power longer.

Australia's Mineral Resources says to sell minority stake in lithium project

Mining services provider Mineral Resources Ltd on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.

Battery metals supply crunch to slow near-term EVs growth — Moody's

Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.

Australia’s Galaxy hires JP Morgan to advise on $376m-lithium project options

Australian lithium producer Galaxy Resources said it was evaluating “strategic options” for its project in Argentina, which remains in the feasibility stage.

Why the lithium bears are wrong

What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.