Chile court halts lithium auction days after quotas awarded

Mining News Pro - A Chilean court on Friday ordered the suspension of a lithium contracts auction that took place earlier this week, part of a plan by the South American country to boost production of the coveted mineral used in car batteries.

Serbia to decide on Rio Tinto’s lithium mine after April election

Mining News Pro - Serbia will decide whether Rio Tinto can proceed with developing a lithium mine in the country after a general election in April, its prime minister told Reuters, as protests by local communities continued.

Supply squeeze risks are pushing lithium price higher and higher

Mining News Pro - Lithium has burst into 2022 with a fresh price spike that hands electric-vehicle makers more warning of even sharper cost pressures to come.

Chile awards new lithium contracts despite political storm

Mining News Pro - Chile’s government pushed ahead with contracts to tap more of the world’s biggest lithium reserves, raising harsh criticism from President-elect Gabriel Boric and other opposition groups seeking to halt the bidding process.

Lithium Power to spin off Western Australia assets to focus on Chile project

Mining News Pro - Australia’s Lithium Power International Ltd said on Wednesday it will spin off its Western Australia assets into a separate firm on the Australian bourse, to allow the company to focus on its flagship Chile project.

Chile tensions over lithium contracts show scope of clean energy task

Mining News Pro - Mounting opposition to new lithium contracts in Chile is the latest indication of just how difficult it will be for the world to churn out the building blocks of the clean-energy transition.

Chile lawmakers ask courts to stop bidding on lithium mining contracts

Mining News Pro - Chilean lawmakers went to court on Tuesday to stop the outgoing government from taking bids for lithium mining contracts, with SQM and Albemarle , the world’s two largest producers of the ultra-light battery metal, in the running.

Japanese researchers find formula for fast-charging lithium-ion batteries

Mining News Pro - A team of scientists at the Japan Advanced Institute of Science and Technology (JAIST) developed an approach to anode fabrication that could lead to extremely fast-charging lithium-ion batteries.

Indian researchers develop lithium-ion battery that can be recharged with solar energy

Mining News Pro - Researchers at India’s Tata Institute of Fundamental Research (TIFR) have developed a compact lithium-ion battery with photosensitive materials that can be directly recharged with solar energy.

Lithium miner’s woes may exacerbate strain in EV supply chain

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.

Rio Tinto to buy Argentina lithium project for $825m

Mining News Pro - Rio Tinto is expanding its lithium ambitions beyond the Jadar project in Serbia by agreeing to buy the Rincon brine project, located in the heart of the lithium triangle in Argentina’s Salta Province.

Rock Tech Lithium to raise $40 million for German, Ontario projects

Mining News Pro - Rock Tech Lithium is raising C$59.1 million ($45.6m) to build a high-grade lithium hydroxide converter and refinery in Guben, Germany, and to advance its Georgia Lake lithium project in Ontario,145 km northeast of Thunder Bay.

The world wants more lithium but doesn’t want more mines

Mining News Pro - Prices for lithium, the building block of electric-vehicle batteries, shot to a record this year, amplifying concerns there won’t be enough of the metal to fuel the switch away from combustion engines. In that climate, now should be a prime time to build a mine.

Non-lithium stationary battery market shoots up in next decade

Mining News Pro - A new report by IDTechEx forecasts the market for non-lithium battery chemistries in stationary storage to grow at a CAGR of 61% between 2022-2032.

Geothermal brines in California’s Salton Sea could be future source of lithium in the US

Mining News Pro - A literature review prepared by Berkeley Lab scientists found that geothermal brines in the Salton Sea region of California are expected to be a major source of domestic lithium for the United States in the future but that significant technical challenges have to be overcome.

Vulcan Energy buys German geothermal plant to power lithium extraction

Mining News Pro - Vulcan Energy said on Friday it had agreed to buy a geothermal power plant in Germany’s Upper Rhine Valley for about 31.5 million euros ($35.6 million), as it works to supply lithium to Volkswagen and other European carmakers.

Thousands protest against Rio Tinto’s lithium project in Serbia

Mining News Pro - Thousands of people in Belgrade and other Serbian towns blocked main roads and bridges over the weekend for hours in anti-government protests, targeting two new laws that environmentalists say will let foreign companies take advantage of local resources.

Chile election favorite talks up state lithium firm, slams ‘error’ of privatization

Mining News Pro - Chilean leftist presidential candidate Gabriel Boric, the front-runner in surveys ahead of a Dec. 19 run-off vote, talked up his plans for a state lithium firm on Wednesday and slammed the Andean country’s “historic error” of privatizing its resources.

Technology tussle makes Standard the most volatile lithium stock

Mining News Pro - The global lithium boom has seen some dizzying moves among producers of the rechargeable battery component. None more so than a Canadian junior piloting a new technique in Arkansas that’s attracted the attention of a short seller.

Researchers develop anti-ageing chemistry to overcome next-gen lithium battery decay

Mining News Pro - Researchers at the Chinese Academy of Sciences have come up with a new mechanism that overcomes next-gen lithium battery decay.

Argentine state energy firm YPF spies lithium tie-ups with CATL

Mining News Pro - Argentina’s state energy company YPF, making a push into the country’s burgeoning lithium sector, met with officials from major Chinese battery maker CATL on Thursday, with both sides talking up plans to become “strategic partners” in the sector.

Cornish Lithium gets $24 million to develop UK assets

Mining News Pro - Cornish Lithium, the start-up hoping to lead the development of an industry for the battery metal in the UK, has secured up to £18 million ($24 million) from metals-focused investment company TechMet to help fast-track its lithium projects in the homeland.

After shaking up nickel, China’s Tsingshan sets sights on lithium

Mining News Pro - Tsingshan Holding Group, the Chinese firm that shook the nickel world by rapidly boosting output in Indonesia, is among the latest entrants to the white-hot lithium sector, potentially making it a one-stop shop for electric vehicle (EV) battery ingredients.

Lithium Americas beats CATL to buy Millennial for $400 million

Mining News Pro - Lithium Americas Corp is buying Argentina-focused Millennial Lithium Corp for $400 million in stock and cash, eclipsing an offer from China’s Contemporary Amperex Technology Co Ltd (CATL) as demand for the electric vehicle (EV) battery metal surges worldwide.

SQM expects lithium prices to jump 50% before year-end

Mining News Pro - SQM, the world’s second largest lithium miner, expects average prices for the battery metal to rise close to 50% in the last three months of the year from the previous quarter, as strong demand for the key ingredient to make electric vehicle batteries continues to put pressure on the market.

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