Lithium Top Stories

Lithium producers hit by first big downturn of electric vehicle era

Global supply currently exceeds demand by about 5, according to Canaccord data.

Reuters | November 13, 2019 | 3:06 am

Pilbara Minerals halts trading pending incident announcement

The West Perth-based company operates the Pilgangoora Lithium-Tantalum Project and…

Reuters | November 11, 2019 | 11:52 am

Australian, South Korean companies join forces to recycle battery metals

Envirostream to supply SungEel with recycled mixed metal dust containing…

MINING.COM Staff Writer | November 7, 2019 | 6:15 am

Albemarle plans $100m cost cuts to counter low prices

The world's largest lithium producer is grappling with a fall…

Reuters | November 6, 2019 | 3:30 pm

Livent CEO sees ‘difficult environment’ for lithium industry

The company late Tuesday cut its full-year revenue and earnings…

Reuters | November 6, 2019 | 7:16 am

Savannah Resources in talks with carmakers, sees Portuguese lithium in 2021

Savannah already mines feldspar, quartz and pegmatites in Barroso, a mountainous region in the north of Portugal.

Reuters | October 28, 2019 | 9:52 am

Argentina’s President-elect Fernandez a boon for miners, despite expected protectionism

He has vowed to revisit the country’s controversial glacier protection law, and said his team is working on clear rules for the natural resources sector.

Cecilia Jamasmie | October 28, 2019 | 9:28 am

Stung by sliding prices, lithium industry pares back expansions

Albemarle, SQM and other lithium producers have been scaling back expansion plans as near-term oversupply concerns drag on prices.

Reuters | October 28, 2019 | 5:10 am

Albemarle cuts 2019 forecast on lithium price pressure

The company now expects adjusted earnings per share in the range of $6.00 to $6.20 in the year, compared with its previous estimate of $6.25 to $6.65.

Reuters | October 24, 2019 | 3:01 pm

Australia’s Galaxy Resources to cut lithium production

Australian lithium producers have been cutting supply amid plummeting prices in recent months.

Reuters | October 24, 2019 | 9:02 am

Most Chilean mines disrupted as Codelco workers join in country-wide strike

The nation’s powerful copper-mining unions are encouraging members to down tools in solidarity with anti-inequality demonstrations.

Cecilia Jamasmie | October 23, 2019 | 3:05 am

Tianqi has first loss in 5-1/2 years as lithium prices crash

Chengdu-based Tianqi reported a net loss of 53.9 million yuan ($7.62 million) for July-September 2019, versus net profit of 379.7 million yuan a year earlier.

Reuters | October 22, 2019 | 8:52 am

Rio Tinto kicks off $10m pilot hoping to become the largest lithium miner in US

The miner will be extracting lithium from the tailings of its California Boron mine.

Cecilia Jamasmie | October 22, 2019 | 3:48 am

Private investors shun mining amid “escalated investor concerns”

New report shows private funds raising money for investment in metals and mining came up empty in Q3 and so far this year commitments total a paltry $100m.

Frik Els | October 21, 2019 | 1:15 pm

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