The Australian-listed company expects to secure more than $55 million in funding for the first phase of the Arcadia Lithium project.
Lithium Mining News
Chinese cobalt producers such as Jinchuan Group and Wanbao Mining said they were ramping up production to sate an anticipated demand boom from EVs.
Chengdu-based Tianqi is seeking to almost triple production capacity through 2020.
The new era of big batteries has already drawn scrutiny after fiery electric-car crashes across America and Europe.
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.
There is an emerging oligopoly in one of the hottest elements on the periodic table, lithium.
SQM shares plunge after Tanqi Lithium acquisition seems to indicate cooling fervour for lithium assets.
President Emmerson Mnangagwa has been trying to shore up foreign investor interest in a country rich in mineral resources but starved of capital.
The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.
The deal is for an initial three-year term on a "fixed-price take-or-pay basis."
Argosy's Rincon project in northern Argentina will start producing 500 tonnes per year of lithium carbonate equivalent (LCE) next month.
The experts developed a new process for creating lithium metal that may boost the energy and capacity of rechargeable batteries.
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.
The Deputy Secretary for Sustainable Mining is scheduled to meet with executives from Australia's largest mining companies and banks.
The world’s largest potash miner said it expected to have an announcement on the matter by the end of June.
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 Mines Minister Winston Chitando said the country would generate revenue of $1.4bn over eight years from the Kamativi lithium project.
Chinese companies continue to aggressively try securing steady supply of lithium, a key ingredient in the making of batteries that power electric cars.
Kidman Resources has chosen a site in Kwinana, Western Australia with Chilean joint venture partner SQM to develop a lithium processing plant.
The Brazil-based lithium mine developer eyes a wave of demand for the metal used in rechargeable batteries for iPhones and electric cars.
The U.S. is looking for new battery technologies that are cheaper and can hold onto power longer.
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.
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.
Australian lithium producer Galaxy Resources said it was evaluating “strategic options” for its project in Argentina, which remains in the feasibility stage.
What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.