Chile’s lithium policy a boon to other producers
Joe Lowry, known in mining circles as “Mr. Lithium”, warns the lack of specifics in Chile’s policy likely to affect investment.
Albemarle Corporation
Chile’s state miner seeks US$1.5B from lithium partner
Chile’s National Mining Company (Enami) is looking for a private partner to contribute with a US$1.5 billion-investment and knowledge to develop its lithium assets. The state miner Enami will be…
Chile to nationalize its lithium industry
The long-awaited policy sets ups a public-private model in which the state will partner with miners through a dedicated national lithium company.
Albemarle to build US$180M lithium research centre in North Carolina
The world’s top lithium supplier Albemarle (NYSE: ALB) will invest at least US$180 million to build a new technology park in North Carolina, where it expects to advance its research in…
Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
Chile sues BHP, Albemarle, Antofagasta over water use
The Chilean government of President Gabriel Boric is suing mines operated by giants BHP (ASX: BHP), Albemarle (NYSE: ALB) and Antofagasta (LON: ANTO) over alleged environmental damage caused in the northern Salar…
Albemarle, Mineral Resources to speed up Wodgina lithium mine restart
Albemarle (NYSE: ALB) and its partner Mineral Resources (ASX: MIN) will speed up the restart of production at their jointly owned Wodgina lithium mine in Australia to respond to “unprecedented” demand for…
Albemarle, Tesla and Uber push electric car use in newly formed Zero Emission Transportation Association
Together with 27 other companies, they will push for 100% EV sales in the US by 2030.
Piedmont Lithium soars after Tesla deal
Australian junior Piedmont Lithium (ASX: PLL) has confirmed it has signed a sales agreement with Tesla to supply the electric car maker with high-purity lithium ore for up to ten…
SQM posts record output, builds inventories
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, achieved record second-quarter output levels and saw sales volumes soar on renewed optimism about long-term demand for the metal used to…
Lithium prices to jump as pandemic hinders expansions, analyst says
Prices for lithium, one of the key ingredients for the batteries that power electric vehicles (EVs) and high tech devices, are expected to climb in two years, when shortages in…
Tianqi Lithium to sell stake to raise cash
Tianqi Lithium, China’s top producer of the battery metal, says its controlling investor has put a sixth of its holding up for sale. The move, the Shenzhen-listed lithium miner said…