Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry, telling investors to prepare for tumbling profits and asset writedowns.

Tuesday, January 30, 2024 - 21:23:03

Visit: 83

Mining News Pro - Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance Minister Mthuli Ncube said on Thursday.

Friday, December 1, 2023 - 20:48:26

Visit: 136

Mining News Pro - Some mines in one of China’s major lithium-production hubs have been allowed to restart amid a government investigation that halted activity last week, according to a report in local media outlet Cailian.

Tuesday, February 28, 2023 - 22:38:38

Visit: 191

Mining News Pro - Lithium’s going to get less expensive in 2023, according to a Chinese supplier of the battery metal, potentially offering some relief to electric-vehicle makers squeezed by soaring costs.

Friday, December 30, 2022 - 11:06:24

Visit: 162

Mining News Pro - Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) revealed on Thursday it is in talks to take a controlling stake in Finnish lithium firm Keliber, adding that the plan is to have an 80% in the company, which aims to be Europe’s first fully integrated lithium producer.

Friday, July 1, 2022 - 18:39:14

Visit: 497

Mining News Pro - Canada did not stop a Chinese firm’s bid for a Toronto-listed lithium miner because it saw no risk to national security, Innovation Minister Francois-Philippe Champagne said on Thursday.

Friday, January 28, 2022 - 12:50:14

Visit: 608

Mining News Pro - Pilbara Minerals (ASX: PLS), one of Australia’s top lithium miners, slashed its forecast for shipments, further exacerbating tight supply for the key ingredient in electric-vehicle batteries.

Wednesday, December 22, 2021 - 13:37:48

Visit: 690

Mining News Pro - Australian-listed lithium miners are preparing for better times ahead, filings showed this week, as they outlined expansion plans in the wake of soaring prices for the raw material used in electric vehicle batteries.

Friday, April 16, 2021 - 10:47:09 PM

Visit: 815

Mining News Pro - Australian-listed lithium miners are preparing for better times ahead, filings showed this week, as they outlined expansion plans in the wake of soaring prices for the raw material used in electric vehicle batteries.

Friday, April 16, 2021 - 12:38:15 PM

Visit: 521

Mining News Pro - Chile, the biggest supplier of lithium after Australia, has attracted interest from both established producers and smaller exploration companies to enter the country as it prepares to offer new licenses in a bid to grow output.

Monday, March 15, 2021 - 1:52:08 PM

Visit: 653

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.

Friday, January 29, 2021 - 2:52:55 PM

Visit: 600

Mining News Pro - Rock Tech Lithium Inc. plans to raise $400 million to build a lithium refinery in Germany and has attracted support from billionaires including Peter Thiel investing in Europe’s push to create a local electric-vehicle battery industry.

Wednesday, January 13, 2021 - 1:06:14 PM

Visit: 587

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.

Saturday, September 26, 2020 - 10:37:37 AM

Visit: 758

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.

Sunday, April 26, 2020 - 12:25:40 PM

Visit: 914

Mining News Pro - China’s Tianqi Lithium Corp., the country’s top producer of the battery metal, said on Wednesday it would post a net loss in the first quarter of 2020, adding pressure to take aggressive measures, including stake sales, to pay back over $6 billion in debt.

Thursday, April 16, 2020 - 6:21:18 PM

Visit: 606

Mining News Pro - China’s Tianqi Lithium Corp., the country’s top producer of the battery metal, said on Wednesday it would post a net loss in the first quarter of 2020, adding pressure to take aggressive measures, including stake sales, to pay back over $6 billion in debt.

Wednesday, April 15, 2020 - 11:18:03 PM

Visit: 794

Mining News Pro - Top lithium miners in Chile, the world´s No.2 producer of the ultralight battery metal, ramped up sanitary precautions at their Atacama salt flat mining operations to protect workers from the coronavirus outbreak, but said impact on output was minimal thus far.

Wednesday, March 18, 2020 - 11:11:06 AM

Visit: 2787

Mining News Pro - With residents and courts ringing the alarm about depleted water supplies in Chile’s Atacama salt flat, the world’s top lithium miner Albemarle (ALB.N) quietly filed a proposal in December for a network to monitor flows beneath the parched desert floor.

Tuesday, February 11, 2020 - 12:07:16 PM

Visit: 788

Mining News Pro - China’s Tianqi Lithium Corp., the country’s top producer of the battery metal, is facing mounting pressure to repay over $6 billion in debt that helped it finance an ambitious expansion overseas in the past two years.

Saturday, February 1, 2020 - 12:30:47 PM

Visit: 906

Mining News Pro - Minera del Altiplano, which operates Livent’s Fenix project at the Salar del Hombre Muerto (Deadman’s Salt Flat) in Argentina’s Catamarca province, is the financial force behind a soon-to-be-open, 600.3-kilowatt solar farm in the town of Antofagasta de la Sierra.

Monday, November 25, 2019 - 11:29:42 AM

Visit: 1136

Mining News Pro - Rio Tinto, (ASX, LON:RIO), the world’s No. 2 miner, may become the largest lithium producer in the United States if a pilot project that is kicking off at its Boron mine, in the California desert, proves to be successful enough to be expanded.

Wednesday, October 23, 2019 - 10:53:11 AM

Visit: 911

Mining News Pro - Australia’s Sayona Mining on Tuesday announced its intention to participate in the bidding process for North American Lithium’s (NAL) operations in Québec, which include a lithium mine and concentrator located in Abitibi near the mining district of Val d’Or.

Wednesday, September 18, 2019 - 9:19:51 AM

Visit: 1223

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.

Tuesday, September 3, 2019 - 10:34:06 AM

Visit: 873

Mining News Pro - Chile’s Chemical and Mining Society (SQM), the world’s second largest lithium producer, has been hit by sustained weak prices for the metal used in batteries that power electric vehicles (EVs) and high tech electronics, with profits falling by 47.5% to $70.2 million in the second quarter, from $133.9 million a year earlier.

Friday, August 23, 2019 - 4:41:59 PM

Visit: 989

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.

Monday, May 6, 2019 - 10:22:58 AM

Visit: 807