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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Australia’s lithium producers see signs market is stabilizing
Pilbara Minerals said on Thursday it saw signs the lithium market was stabilizing as Australia’s top producers reported a slump in earnings and took steps to ride out slowing demand for the raw material of electric vehicle batteries.
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Lithium producers stay bullish on EVs despite growing headwinds
Mining News Pro - The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled by growing worries that the global pace of electric vehicle adoption is slowing.
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Lithium producers warn global supplies may not meet electric vehicle demand
Mining News Pro - Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal to meet the world’s aggressive electrification timelines.
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Visit: 164
Chinese lithium producers set price floor as demand evaporates
Mining News Pro - China’s top lithium producers agreed this week to set a floor price of 250,000 yuan ($36,380) per tonne of lithium carbonate, six people familiar with the matter said, in an effort to slow a plunge in the price of the battery raw material.
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Lithium producers must wait as pandemic slows electric vehicle revolution
Mining News Pro - The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets.
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Visit: 874
Altura forms key agreement with Chinese lithium producer
Mining News Pro - Altura Mining has secured a supplier contract and multi-year offtake agreement with global lithium leader, China’s Hunan Yongshan Lithium.
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Visit: 818
Lithium producers must wait as pandemic slows electric vehicle revolution
Mining News Pro - The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets.
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Visit: 874
Lithium producers must wait as covid slows EV revolution
Mining News Pro - The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets.
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Visit: 753
Australia’s lithium producers see tough market conditions persisting well into 2020
Mining News Pro - Australia’s Orocobre Ltd and Pilbara Minerals Ltd on Thursday gave bearish outlooks for lithium demand, as weak orders from electric vehicle makers in China look set to extend a prolonged downturn.
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ESG stamp may help slash funding costs, lithium producer says
Mining News Pro - Complying with environmental, social and governance standards could mean significant savings when it comes to financing projects related to lithium, a key component of electric car batteries.
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Brazilian lithium producer Sigma in talks with Tesla, other automakers
Mining News Pro - Brazil-based lithium startup Sigma Lithium Resources Corp has held talks with Tesla Inc and other automakers about supplying the key battery ingredient in the coming years, the company’s chief executive said on Thursday.
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Chile to delay arbitration with top lithium producer Albemarle
Mining News Pro - Chile will delay a previously announced arbitration with Albemarle Corp (ALB.N), the world’s top lithium producer, in anticipation that the US-based miner will make a new offer to bring it into compliance with a 2016 contract, a source close to the negotiations told Reuters.
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Lithium producer Livent falls 3.6 percent in market debut
Mining News Lithium producer Livent Corp (LTHM.N) fell 3.6 percent in its market debut on Thursday after being priced at the lower end of its expected range, as investors worried about the recent declines in prices of lithium in China, the world’s largest consumer of the ultralight metal.ro -
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Part-owner of Chile lithium producer SQM sells $275m bond
Mining News Pro - SANTIAGO – Chile's Pampa Calichera, one of the companies through which businessman Julio Ponce holds his ownership stake in lithium producer SQM, said it sold bonds in the local market on Friday for the equivalent of $275-million.
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Western Australia lithium producer approves $382 million expansion
Mining News Pro - Talison Lithium plans to double its production at its Greenbushes facility in Western Australia through a $382 million expansion to around 1.95 million tons per year, according to a report by XINHUANET.com.
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Visit: 938