Lithium

Mining News Pro - Tesla revealed its new ‘4680 cell’ at the company’s Battery Day, promising five times more energy capacity and six times more power than previous cells, key factors to fulfill its long-term objective to sell a low cost mass-market electric vehicle.

Mining News Pro - The shareholders of lithium producer Altura Mining are expected to vote on an offtake agreement with major shareholder Hunan Yongshan Lithium Company on September 25.

Mining News Pro - Mineral exploration company AVZ Minerals has revealed that it will boost its equity stake in the Manono lithium/tin project, in the Democratic Republic of Congo (DRC), to 75% in a $15.5-million share sale purchase agreement.

Mining News Pro - AVZ Minerals is set to acquire an additional stake in the Manono lithium-tin project in the Democratic Republic of Congo (DRC) for $US15.5 million ($21.3 million).

Mining News Pro - Uranium One, a unit of Russia’s state-owned nuclear energy firm Rosatom, plans to begin producing lithium by 2023, targeting between 9% and 10% of the global market by 2030.

Mining News Pro - Cornish Lithium, a start-up hoping to lead the development of an industry for the battery metal in the UK, said on Thursday it had found “globally significant” lithium reserves in hot springs within Cornwall’s historic mining area.

Mining News Pro - A new ranking for 2020 by Bloomberg’s clean energy, new materials and commodity research arm (BloombergNEF) shows China dominating the global lithium-ion battery supply chain, quickly surpassing Japan and Korea, leaders for most of the previous decade.

Mining News Pro - China’s CATL will buy more than 10 million shares of Neo Lithium Corp to become the company’s third-largest shareholder, the latest in a string of investments by Chinese companies into South American lithium projects.

Mining News Pro - A recent report by market analyst IDTechEx estimates that 2020 will see 330 kt of Li-ion battery waste and, as such, forecasts a growth in the recycling market.

Mining News Pro - In order to transition towards a fully renewable energy-based economy, the problem of intermittency in non-fossil fuel electricity generation first needs to be solved, said Donald Sadoway, professor of materials chemistry at MIT.

Mining News Pro - Europe has belatedly woken up to the fact it has a metals problem.

Mining News Pro - The European Union has added lithium, used in batteries that power electric vehicles (EVs), to a list of critical materials that it plans to support locally as part of a strategy to reduce reliance on imported supply.

Mining News Pro - Researchers from the Universities of Cambridge and Liverpool have identified a potential new degradation mechanism for electric vehicle batteries – a key step to designing effective methods to improve battery lifespan.

Mining News Pro - The Bureau of Land Management (BLM) has approved ASX-listed ioneer’s plan of operations for its Rhyolite Ridge lithium/boron project, in Nevada.

Mining News Pro - The share price of Australian junior Mali Lithium rose more than 32% on Monday, after the company announced plans to acquire the Morila gold mine from major gold producers Barrick and AngloGold Ashanti for between $22-million and $27-million.

Mining News Pro - Hard rock miners have been hardest hit, with the price of spodumene concentrate (feedstock for lithium hydroxide manufacture) continuing to fall on the back of break-neck expansion in Australia, which quickly became the number one producer of lithium over South American brine producers.

Mining News Pro - Pilbara Minerals has continued to battle against weak customer demand for lithium raw materials, moderating its mining and processing operations while Chinese market conditions remain soft.

Mining News Pro - Africa-focused minerals exploration and development company IronRidge Resources has been accepted as a member of the European Battery Alliance (EBA250), which is committed to driving a competitive and sustainable battery industry in Europe by 2025.

Mining News Pro - Galaxy Resources is anticipating that its Sal de Vida lithium mine in Argentina will enter production in time for a surge in lithium demand.

Mining News Pro - Researchers at Germany’s Karlsruhe Institute of Technology have developed an environmentally friendly process to extract lithium from the salty thermal water reservoirs that are located in the Upper Rhine Trench.