TSX mixed, June 7-11
The S&P/TSX Composite Index rose 0.55% to 20,138.35 during the June 7-11 trading week. The S&P/TSX Global Mining Index slipped 0.79% to 113.61, and the S&P/TSX Global Base Metals Index…
lithium
Serbia may decide fate of Rio Tinto’s lithium project in referendum
Serbia’s President, Aleksandar Vucic, may seek voter approval for Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) Jadar lithium project near the city of Loznica, in western Serbia, as community…
Scientists develop ‘cheap and easy’ method to extract lithium from seawater
Researchers at King Abdullah University of Science and Technology, a private research university in Saudi Arabia, have developed what they believe is an economically viable system to extract high-purity lithium…
TSX up, May 24-28
The S&P/TSX Composite Index rose 1.66% to 19,852.18 during the holiday-shortened May 24-28 trading week. The S&P/TSX Global Mining Index grew 1.58% to 114.11, and the S&P/TSX Global Base Metals…
Lithium outlook ‘bright as ever’ – Fitch report
Over the next ten years, the outlook for the lithium sector is “as bright as ever” amid fast production and demand growth, a new report from Fitch Solutions and Country…
Lithium Americas, Ganfeng planning Stage 2 expansion at Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) and partner Ganfeng Lithium have approved a second-stage expansion at the Caucharí-Olaroz lithium project in Jujuy province, Argentina. Caucharí-Olaroz, named after the two salars…
Ontario injects funds into Frontier Lithium’s processing pilot
Frontier Lithium (TSXV: FL; US-OTC: LITOF) said the Ontario government is injecting $363,000 (about US$300,000) into the company’s pilot of a proprietary process that seeks to overcome certain risks linked…
SQM shuns fears of higher taxes in Chile, fast-tracks expansions
SQM (NYSE: SQM), the world’s No. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in copper powerhouse Chile, as it is pushing ahead with planned…
Portugal may delay auction for lithium licenses to 2022
Portugal’s long-awaited auction of licenses to explore for lithium may have to wait until next year as the country faces some hurdles implementing a new mining law that grants municipalities…
Ganfeng Lithium chases Bacanora in US$265m deal
Shares in lithium explorer and developer Bacanora Minerals (LSE: BCN) jumped as much as 38% on May 6 after China’s Ganfeng Lithium, one of the world’s top lithium producers, offered the company…
Proposed new royalty unsettles miners in Chile
The return of high copper prices has come in the nick of time for Chile, but as the price for the red metal rallies, politicians believe the mining industry could…
CME starts trading lithium futures to tap EV demand
Commodities exchange operator CME Group launched on Monday a futures contract for lithium, seeking to capitalize on growing demand for the key ingredient in the batteries that power electric vehicles…