Australian lithium producer to sell online in transparency push
Australian miner Mineral Resources Ltd. will use a digital trading platform to sell parcels of spodumene concentrate, a lithium-bearing mineral, in an effort to bring transparency to the market.
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Australian lithium stocks rally on speculation of China mine closure
Australian lithium stocks rallied on Monday on speculation that Chinese battery maker CATL had closed its Jianxiawo mine in China that produces the material used in electric vehicle batteries.
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Tianqi, IGO to buy Australian lithium junior Essential Metals
Mining News Pro - Tianqi Lithium Energy Australia, a joint venture between Tianqi Lithium and IGO Ltd, has made a A$136 million ($94m) bid to acquire lithium explorer Essential Metals as part of the partners’ plan to expand their footprint into Western Australia.
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Australian lithium developer Vulcan rejects short-seller report
Mining News Pro - Australia's Vulcan Energy, which is developing a zero carbon lithium project in Germany, said on Thursday that a short-seller report contained many misleading claims, a day after it placed its shares on a trading halt.
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Australian lithium miners break out of doldrums as EV demand booms
Mining News Pro - Beleaguered Australian lithium miners showed the first signs of optimism in nearly three years this week, boosted by a recovery in electric vehicle (EV) demand led by China`s coronavirus response, company quarterly updates showed.
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COVID-19 expected to hurt Australian lithium miners
Mining News Pro - THE lithium slump was already in full swing last year, with mines closed, corporate collapses, production cuts and growth projects idled, but the spread of the deadly COVID-19 virus around the globe could wipe out a further US$1 billion of supply in 2020 – and most of that could come from Australia’s hard rock mines.
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Australian lithium recovery seen by mid-2020 as EV production revs up
Mining News Pro - Strong demand from the electric-vehicle sector alongside supply cuts should help Australian lithium miners recover towards the middle of next year, earlier than expected, industry executives said on Wednesday.
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Australian lithium miners submerged by low prices
Mining News Pro - Having raced to ramp up lithium production over the past five years to exploit surging prices, Australian producers are now scrambling to cut supplies as prices plummet on falling demand in the world’s top electric vehicle market.
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Wesfarmers makes $544mn bid for Australian lithium miner Kidman Resources
Mining News Pro - Kidman’s major asset is a 50% interest in the Mt Holland lithium project based in Western Australia, which it owns jointly with Sociedad Quimica y Minera de Chile S.A. (SQM), one of the world’s largest producers and marketers of lithium products.
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Australian lithium opportunity worth ‘hundreds of billions’
Mining News Pro - Australia needs to make key decisions about the future of its lithium sector in the coming months to capitalise on the huge economic potential, according to the Australian Government’s chief economist Mark Cully.
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