Australia’s lithium miners bank on brighter times ahead as prices soar

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.

Australia`s lithium miners bank on brighter times ahead as prices soar

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.

Orocobre shares up on higher lithium prices

Mining News Pro - Lithium miner Orocobre said on Tuesday that sales during the March quarter had reached 3,032 tonnes at a price of $5,853 per tonne free-on-board (FOB), with pricing up more than 50% compared with the December 2020 quarter.

PFS into cathode powder proves positive for Lithium Australia

Mining News Pro - A prefeasibility study (PFS) by the subsidiary of ASX-listed Lithium Australia, VSPC, into a lithium ferro phosphate (LFP) cathode powder has confirmed the project’s robust economics.

Rio Tinto to produce lithium from Boron mine

Mining News Pro - Rio Tinto has started recovering battery-grade lithium from 90-year-old waste piles at the Boron borate operation in California, the United States.

Rio Tinto produces battery-grade lithium from waste rock at US mine

Mining News Pro - Diversified major Rio Tinto has started production of battery-grade lithium from waste rock at a lithium demonstration plant at the Boron mine in California.

Avalon, Fort William First Nation to jointly develop lithium refinery in Ontario

Mining News Pro - Avalon Advanced Materials (TSX: AVL) and the Fort William First Nation entered into a letter of intent to collaborate on the development of a lithium battery materials refinery located on industrial lands owned by the FWFN in Thunder Bay, Ontario.

Mexico eyes bigger role in lithium industry

Mining News Pro - President Andres Manuel Lopez Obrador said on Wednesday the Mexican state is considering taking a bigger role in lithium production, arguing companies were using mining concessions for speculation rather than mining the metal.

Strike to spin out lithium assets ahead of iron ore production

Mining News Pro - Strike Resources intends to increase its focus on the Paulsens East iron ore project in the Pilbara, Western Australia by spinning out its lithium and battery minerals assets.

Investors flock back to lithium as battery bust turns to boom

Mining News Pro - Investors are betting big on a lithium comeback less than three years after prices of the metal used in rechargeable batteries collapsed from a record price and sent miners reeling.

Galaxy ramps up to full rate as lithium demand rebounds

Mining News Pro - Galaxy Resources is ramping up operations at a new pit at the Mt Cattlin lithium project in Western Australia without deploying additional equipment.

Core Lithium receives Australia’s major project status

Mining News Pro - Core Lithium has received major project status (MPS) from the federal government for the Finniss lithium project in the Northern Territory.

Lithium miners are going to compete for new licences in Chile

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.

The road to the first US domestic hard-rock lithium supply chain

Mining News Pro - When Australian junior Piedmont Lithium (ASX: PLL) announced in September that it signed a five-year deal to supply Tesla with spodumene concentrate from its eponymous lithium project in North Carolina, its stock surged almost 84% in one day – and its market capitalization now sits at over $1.2 billion.

Lithium giant Albemarle slams Chile over `unjust` withholding of Atacama study

Mining News Pro - Albemarle, the world’s top lithium producer, has accused a Chilean regulator of “unjust” discrimination for refusing to make public a key report on the impact of mining on the Atacama salt flat, according to court filings.

Lithium Australia commences pilot plant construction

Mining News Pro - Lithium Australia is set to pilot test a spodumene conversion process that is capable of recovering lithium from fine and contaminated spodumene that fails to meet the feed specifications of today’s converters.

Battery grade lithium prices in China surge 68%

Mining News Pro - Domestic Chinese battery-grade lithium carbonate prices assessed by Benchmark Mineral Intelligence are on a tear in 2021 after bottoming out in the second half of last year, following a lengthy slump.

Latin Resources to test, define various lithium deposits in Minas Gerais

Mining News Pro - Latin Resources has announced it will start exploration work on its lithium projects, held by its wholly-owned Brazilian subsidiary Mineracao Ferro Nordeste, in the Jequitinhonha valley region of Minas Gerai

Pilbara Minerals CEO expects acceleration in lithium recovery

Mining News Pro - Pilbara Minerals managing director and chief executive Ken Brinsden has noted a quick recovery in the lithium raw material supply chain, underpinning the company’s production increase.

Lithium could help control extreme heat in future fusion facilities

Mining News Pro - Researchers at the US Department of Energy’s Princeton Plasma Physics Laboratory have created a plan using liquid lithium to control the extreme heat that could strike the exhaust system inside tokamak fusion reactors.

Wodgina lithium project to remain on hold

Mining News Pro - Joint venture partners Albemarle and Mineral Resources (MinRes) will keep the Wodgina lithium project in Western Australia on care and maintenance despite improving market conditions for the commodity.

Bacanora Lithium kicks out work at Mexico project

Mining News Pro - Exploration and development company Bacanora Lithium (LON:BCN) said on Wednesday it had begun initial site activities at flagship Sonora lithium project in Mexico.

Firefinch floats Goulamina lithium spin-off

Mining News Pro - Firefinch on Tuesday announced plans to demerge its Goulamina lithium project, in Mali, into a separate lithium-focused company which would list on the Australian bourse.

CATL to make additional investment in Neo Lithium

Mining News Pro - Contemporary Amperex Technology (CATL) is planning to increase its investment in Neo Lithium and maintain an 8% equity interest in the lithium miner following Neo’s recently announced C$30.19 million financing.

Rinehart invests in lithium as prices hike

Mining News Pro - Lithium producer Vulcan Energy Resources has secured commitments for $120 million in funding, with Gina Rinehart’s Hancock Prospecting becoming a significant investor in the company.

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