Trump to fast-track key U.S. mining projects
Permitting for key mining projects across the United States will be expedited as part of a plan by President Donald Trump to boost critical minerals production. A new executive order…
Albemarle
Sigma Lithium misses earnings but sales surge
Sigma Lithium (TSX-V, NASDAQ: SGML) reported a fourth-quarter 2024 loss of 8¢ per share on Monday, falling short of analysts’ expectations of a 3¢ per share profit. Revenue also missed…
Arcadium Lithium investors sue it for negligence over US$6.7B Rio Tinto takeover
Arcadium Lithium (NYSE: ALTM; ASX: LTM) is facing legal challenges after shareholders filed lawsuits alleging misrepresentation and negligence linked to Rio Tinto’s (ASX, LON, NYSE: RIO) US$6.7-billion takeover. Philadelphia-based Arcadium…
Rio Tinto to invest $2.5B to expand Rincon lithium project in Argentina
Rincon is the company’s first commercial-scale lithium operation.
Rio Tinto unveils initial resource at Rincon lithium project in Argentina
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) has released its initial resource and ore reserve estimates for the Rincon lithium project in Argentina, marking a significant milestone in its…
Ioneer’s Rhyolite Ridge gains key permit, but legal and political risks loom
The United States’ Bureau of Land Management (BLM) on Thursday approved Ioneer’s (ASX: INR) Rhyolite Ridge lithium-boron project in southwest Nevada, opening the door for closing US$1.19 billion in funding….
Arkansas lithium projects heat up with royalty battle, huge underground resource
As Arkansas contends with booming lithium discoveries and investments by ExxonMobil (NYSE: XOM), Albemarle (NYSE: ALB) and Standard Lithium (TSXV: SLI) among others, the state faces a battle over the amount of…
Rio’s US$6.7B Arcadium bid is its largest since 2007
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) plans to acquire Arcadium Lithium (NYSE: ALTM; ASX: LTM) in an all-cash deal valued at US$6.7 billion, the Anglo-Australian giant confirmed on…
Lithium firms’ shares rise after Rio Tinto buyout chatter
Shares in a handful of lithium players gained Friday after speculation in the daily publication The Australian that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) might bid to buy…
Lithium rout derails projects around the world, though some persist
Low lithium prices are forcing a raft of companies to delay spending on projects from Quebec to Nevada, from South America to Australia. General Motors (NYSE: GM) has postponed a…
Arcadium Lithium suspends Mt. Cattlin in Australia
Arcadium Lithium (NYSE: ALTM; ASX LTM), one of the world’s largest producers of the battery metal, plans to idle its Mt. Cattlin spodumene mine in Australia next year in another step…
Ganfeng Lithium cuts spending as consumers ease off the pedal for EVs
China’s Ganfeng Lithium, one of the world’s largest producers of the battery metal, says it will delay spending on projects that don’t generate “significant near-term returns” after reporting a first-half loss…