Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.
Tesla Mining News
Mercedes-Benz, the world’s largest maker of luxury cars, is rolling out its first in a series of battery-powered models.
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.
Being home to Europe’s biggest rock collection has finally come in handy for Sweden
Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba.
It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.
Chinese electric vehicle ecosystem continues to expand.
The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt cell capacity per year.
The deal is for an initial three-year term on a "fixed-price take-or-pay basis."
Electric vehicle manufacturer has reduced cobalt usage in its batteries by 59%.
The world’s largest carmaker will equip 16 factories to produce electric vehicles by the end of 2022, compared with three currently.
Tesla and SQM were exploring opportunities after Tesla expressed interest in buying "important volumes" of lithium hydroxide from SQM.
The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.
President and director Martin Vidal has left the post effective November 30.
The battery is expected to help power some 30,000 homes in South Australia.
The de-risking milestone is for the company's Sonora project in Mexico, expected to produce 35,000 tonnes a year of lithium carbonate.
Permit lets Bacanora go-ahead with its 35,000tpa (tons per annum) lithium carbonate operation in Mexico.
Competitive operating costs and supportive government policies are also expected to play a key role in Mexico's mining industry strong recovery.
Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.
Chief Executive Elon Musk said firm is on track to produce 20,000 per month by December.
Transaction will see the Tokyo-based trader acquiring up to 100% of the output coming from Bacanora's Sonora lithium project in Mexico.
The country's sector, dominated by precious metals and zinc, will be well-positioned for the expected price outperformance of these commodities, shows new report.
The company's stock has fared better than many competitors in the last two years, boosted by the resilience of the lithium price, which has tripled since 2000 regardless of the commodity cycle.
The move by the world's largest asset manager shows increasing interest in the lithium market.
The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.