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…
Albemarle
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…
SQM profit falls 63%, sees more weak lithium prices
Chile’s SQM (NYSE: SQM), the world’s second-biggest lithium producer, reported a sharp 63% decline in quarterly profit on the back of slumping prices of the key metal used in the…
Big Oil seizes lithium opportunities
Mining companies could benefit in cash and technology as major fossil fuel companies such as ExxonMobil (NYSE: XOM), Occidental Petroleum (NYSE: OXY) and Equinor (NYSE: EQNR) invest in lithium, a potential lifeline amid…
CleanTech makes battery-grade lithium in DLE pilot
Shares in CleanTech Lithium (LSE: CTL) rallied on Monday after the Chile-focused explorer and developer announced it had completed the first phase of production at its Direct Lithium Extraction (DLE)…
Chile copper, lithium mines rattled by 7.4 quake
A 7.4-magnitude earthquake hit northern Chile on Thursday night, 45 km outside San Pedro de Atacama, where the majority of the country’s vast copper and lithium mines are located. The…
US lithium clay projects secure backing despite extraction hurdles
The United States’ great hope for domestic lithium supply could lie in the massive-scale, long-life sediment-hosted deposits in its southwestern region. And even with tricky metallurgy to overcome and higher…
Zeus resource update IDs higher-grade core at Noram’s lithium clay project
Noram Lithium (TSXV: NRM: US-OTC: NRVTF) gained 27% Thursday after a new resource estimate defined a high-grade core zone at the Zeus project in Nevada’s Clayton Valley. The clay project,…
Codelco targets 2030 start at Maricunga lithium project
Chile’s Codelco has started assessing partnership candidates for a lithium project in one of the country’s top salt flats, Maricunga, with the goal of kicking off production in 2030. The…
Codelco and SQM agree on final lithium deal
Chile’s state-run copper miner Codelco and the world’s second-largest lithium producer SQM (NYSE: SQM) inked a definitive agreement on Friday to jointly exploit the country’s vast deposits in the Salar…
Patriot drills high-grade lithium hits as resource upgrade nears
Shares in Patriot Battery Metals (TSX: PMET; US-OTC: PMETF; ASX: PMT) rose 4.5% to $6.93 apiece Wednesday on news about lithium assays as high as 1.66% lithium oxide (Li2O) at…
Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.