October 28, 2019

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.

October 24, 2019

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.

October 24, 2019

Australia’s Galaxy Resources to cut lithium production

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

October 23, 2019

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.

October 22, 2019

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.

October 22, 2019

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.

October 21, 2019

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.

October 18, 2019

Lithium Chile gets environmental approvals for Turi exploration drilling

Surface access was successfully negotiated in early 2019 with the Turi Indigenous Community.

October 18, 2019

Chilean regulator asks for more time to review Maricunga project

Owners Lithium Power International and Bearing Lithium say they were expecting the time extension.

October 17, 2019

Vancouver’s QMC to produce lithium oxide concentrate in China

The Canadian miner shipped spodumene from Manitoba to Guangxi.