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.
Piedmont Lithium
Piedmont Lithium cuts 27% of workforce as prices plunge
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) said on Tuesday it had laid off 27% of its workforce as a sharp downturn in the lithium market is forcing miners to cut…
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
Lithium insights: Interactive map of recent offtake deals
As electric vehicle uptake continues to rise, car companies and original equipment manufacturers (OEMs) are forging new relationships with miners for supplies of lithium needed in EVs. Governments are also…
Piedmont posts first revenue and profit as lithium prices slide
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) recorded its first revenues, generated from its 25%-owned North American Lithium mine in Quebec, during the third quarter. At the same time, lithium spot…
Site visit: Grid Metals reduces China risk for lithium project in Manitoba
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) has got a plan B to start producing battery metal in case Ottawa torpedoes its leading option with China’s Sinomine Resources. Toronto-based Grid is in…
TNM Drill Down: Azure Minerals leads lithium assays with Andover project in Australia
Projects in Australia, Canada and Ghana led the Top 10 lithium assays of the month ending Sept. 15, according to rankings by Mining Intelligence, part of The Northern Miner Group….
Momentum builds for Piedmont Lithium, despite North Carolina hiccups
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) took centre stage in the junior lithium space in 2020, when its stock surged almost 84% in a day’s trading in Sydney after it confirmed it…
Automakers invest upstream for lithium as the midstream battery buildout gathers pace
Several announcements Thursday underlined the growing momentum with which an independent-from-China electric vehicle (EV) battery supply chain is taking shape in North America. Major automaker Stellantis N.V. (NYSE: STLA) said…
Piedmont earns 22.5% stake in Atlantic Lithium’s Ghana project
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) has exercised its option to acquire an initial 22.5% stake in Atlantic Lithium’s (AIM: ALL, ASX: A11) Ewoyaa project in Ghana, having committed US$17…
Sayona books first revenue from NAL project as initial lithium shipment leaves port
Sayona Mining (ASX: SYA; US-OTC: SYAXF) has made the first commercial shipment of lithium-bearing concentrate from the North American Lithium (NAL) project in Quebec. The project is operated by Sayona…
Tennessee approves Piedmont Lithium plant as complex Carolina project slows
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) says the government has granted it permits to construct a lithium hydroxide plant in Tennessee although the cost has increased by a third. The now-US$800…