Portuguese prosecutors seek to annul environment permit for Savannah lithium mine

Portuguese prosecutors have asked a judge to annul an environment permit for a lithium mining project being developed by London-based Savannah Resources, alleging various legal infringements, a court document seen by Reuters showed.

Lithium miners warn on plunging profits after price freefall

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.

Zimbabwe orders lithium miners to submit refinery plans by March 2024

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.

US weighing record $1 billion loan for massive lithium mine in Nevada

Mining News Pro - The US Energy Department is in talks to lend a record $1 billion to the developer of one of the country’s largest lithium deposits in a push to build out a domestic supply of critical minerals.

Welcome to the crazy world of China’s lithium mine auctions

Mining News Pro - Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.

Ghana sovereign wealth fund invests in nation’s first lithium mine

Mining News Pro - Ghana’s sovereign wealth fund will invest almost $33 million in a lithium mine in the country and take a minority stake in its developer Atlantic Lithium, the company said on Friday.

Australia blocks acquisition of lithium mine by China-linked firm

Mining News Pro - Australia has barred the takeover of financially stricken lithium miner Alita Resources Ltd by a China-linked company after advice from its Foreign Investment Review Board (FIRB), a spokesperson for Treasurer Jim Chalmers said on Friday.

Albemarle aims to expand Chile lithium mine in 2028 with new technology

Mining News Pro - Brine pools from a Albemarle’s lithium mine. (File image) Albemarle Corp hopes to expand its lithium operations in Chile’s Atacama salt flat as early as 2028 with direct lithium extraction (DLE) technology under its current government contract, Ignacio Mehech, the company’s Chile manager, told Reuters.

China lithium miners restart after government investigation

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.

Biden backs Nevada lithium mine with $700 million loan offer

Mining News Pro - A Nevada lithium mine that would be only the second in the US is getting backing from the Biden administration as it seeks to boost the domestic supply of the critical mineral needed to make electric vehicle batteries.

Ruling in Thacker Pass lithium mine case expected within months

Mining News Pro - A US judge said on Thursday she will rule “in the next couple of months” on whether former President Donald Trump erred in 2021 when he approved Lithium Americas Corp’s Thacker Pass lithium mining project in northern Nevada.

Lithium miner sees 25% price drop in boon for EV industry

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.

Sibanye-Stillwater seeks control of Finnish lithium miner

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.

Albemarle, Mineral Resources to speed up Wodgina lithium mine restart

Mining News Pro - Albemarle and its partner Mineral Resources will speed up the restart of production at their jointly owned Wodgina lithium mine in Australia to respond to “unprecedented” demand for the battery metal.

The World’s First all-electric Lithium Mine

Mining News Pro - Snow Lake Lithium targets integrated domestic electric supply chain in North America and seeks partnership with automotive OEM or battery manufacturer.

Canada says it saw no need to block China firm’s bid for lithium miner

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.

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.

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.

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.

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.

Australian lithium miners break out of doldrums as EV demand booms

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.

Lithium miner’s German smelter plan draws billionaires

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.

IGO in talks to buy into Tianqi’s Greenbushes lithium mine

Mining News Pro - Shares in Australian nickel-gold miner IGO Ltd (ASX: IGO) came to a trading halt on Monday following several reports that the company was in advanced talks to acquire part of Tianqi Lithium’s 51% stake in Greenbushes, the world’s biggest hard-rock lithium mine.

Hedge fund bets on lithium miner after big electric vehicle win

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.

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