Softbank $100 billion fund buys into Canadian lithium miner in first deal of its kind as race to secure electric vehicle battery raw materials heats up.
Lithium Mining News
The rapid proliferation of poisons in a widening variety of applications requires better monitoring and control.
Veolia Water Technologies selected to deliver the Greenbushes Lithium Mine Water Treatment Plant in Western Australia
Located in Greenbushes, Western Australia, the Talison Lithium mine is a leading producer of lithium in Western Australia. The lithium mined is used in batteries for consumer electronics, electric bicycles, buses and passenger vehicles. It is also used in aerospace alloys, wind turbines, glass and ceramics.
The transaction is expected to be completed by the fourth quarter of the year.
Michigan Potash Co. is closer than ever to start building a potash mine in the state.
All that can be said with confidence is that, for the next few years, both supply and demand will grow strongly.
Nelson Pizarro, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in costs, while kicking off a major overhaul of Codelco’s aging mines to deal with dwindling ore grades.
Jujuy, Salta and Catamarca decided to join forces.
High-density energy storage is still a hurdle between renewable-energy harvesting and its widespread use.
Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project.
The proposal, signed by companies responsible for 85% of the DRC's copper, cobalt and gold output, suggest that sliding royalties will give the government a higher share of revenues.
The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.
Soaring cobalt and lithium prices are pushing some companies to dig for them in the recycle bin, which some believe could be even more profitable than mining them.
The German luxury vehicle maker said mass production of EVs is not viable until 2020 when its proprietary electric drive technology is expected to be profitable enough.
These are projects driven from Australia, involving an Australian mining company and (in most cases) an Australian engineering consultant.
After BMO's star analyst published bullish research notes on vanadium in January (2018), the price of vanadium pentoxide (v2o5) went up another 55%.
Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.
"No drilling, no discoveries, no reserves, no mines."
Chile development agency Corfo filed a complaint last week to block the sale of a 32% stake in SQM to China's Tianqi Lithium or any related entities.
German researchers say cobalt-free battery technologies — including post-lithium technologies based on non-critical elements — are the best way to avoid supply issues in the long term.
"Significant surpluses" from next year to decimate prices says second bearish report on electric vehicle battery materials.
The company now has an extraction quota of 88,885 metric tonnes of metallic lithium.
The blended company will have projects in Ontario and Idaho which, once in operations, could be major cobalt suppliers for EVs makers and high tech firms.
The world’s largest carmaker will equip 16 factories to produce electric vehicles by the end of 2022, compared with three currently.
Chile development agency Corfo has asked antitrust regulators to block the sale of a 32 percent stake in Chilean lithium company SQM to a Chinese firm on the grounds it would give it an unfair advantage in the global race to secure resources to develop electric vehicles.