Keyword: "lithium mine"

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 - Albemarle says it wants to take control of Australia`s Greenbushes, the world`s largest lithium mine, signaling it intends to block any rival from buying Tianqi Lithium Corp`s controlling stake.

Mining News Pro - Albemarle revealed on Thursday it was mulling a possible acquisition of all or part of Tianqi’s stake in Greenbushes mine in Western Australia, which is the world’s largest hard-rock lithium operation.

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.

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.

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.

Mining News Pro - Core Lithium has received a mine management plan approval from the Northern Territory Government to build the Finniss lithium project near Darwin.

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.

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.

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.

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.

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.

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.

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.

Mining News Pro - Lithium miner Galaxy Resources (ASX:GXY) posted on Thursday a net loss for the first half of the year of almost $172 million, mostly due to a non-cash impairment charge at its flagship Mt Cattlin mine in Western Australia, joining a long list of battery metals producers hit by slumping prices.

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.

Mining News Pro - Talison Lithium, a partnership between America’s Albemarle and China’s Tianqi, has secured approval to further expand the Greenbushes lithium mine in Western Australia.

Mining News Pro - Talison Lithium, a partnership between China’s Tianqi and U.S. group Albemarle, secured approval this week from the Western Australian Environmental Protection Authority (EPA) to expand the Greenbushes lithium mine in the southwest of the state.

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.

Mining News Pro - Chile State development agency Corfo said on Thursday it had reached a deal with the world`s top lithium miner, Albemarle, to resolve a contract dispute and would not file a previously threatened arbitration lawsuit against the US-based producer.

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