Keyword: "lithium"

Mining News Pro - Altura Mining has folded under the pressure of the struggling lithium market, with the company set to start a sale process as its Pilgangoora operation in Western Australia is placed on care and maintenance.

Mining News Pro - Mali Lithium has raised A$9.8-million in a heavily oversubscribed share purchase plan (SPP).

Mining News Pro - The Superior Court of Quebec has approved the sale of Nemaska Lithium to a group comprising Orion Mine Finance, Investissement Québec and Pallinghurst, acting through a new entity named Quebec Lithium Partners.

Mining News Pro - Lithium miner Pilbara Minerals has nearly doubled spodumene concentrate production in the September quarter, compared with the three months to June, with sales also increasing.

Mining News Pro - The nation sitting on half the world’s lithium reserves has a calming message for electric car makers: tougher environmental oversight won’t threaten future production of the metal used to make batteries.

Mining News Pro - Piedmont Lithium has inked an agreement to supply spodumene concentrate to Tesla for five years.

Mining News Pro - Core Lithium has received promising results from its first phase of gold exploration at the Bynoe project in the Northern Territory.

Mining News Pro - Formidable Asset Management LLC, a hedge fund that bet on electric-vehicle maker Workhorse Group Inc., and battery maker Nano One Materials Corp. is now putting its money on a lithium mining company.

Mining News Pro - Tesla’s plan to produce lithium for electric vehicle batteries close to its Nevada Gigafactory faces stark challenges from the outset, including an onerous permitting process, uncertain access to water and questions about unproven methodologies.

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 - 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 - Mali Lithium on Wednesday announced plans to raise A$70-million to fund the acquisition of acquire the Morila gold mine from majors Barrick and AngloGold Ashanti.

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.