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Lithium

A worker drives a forklift loaded with lithium concentrate at Prospect Lithium Zimbabwe mine in Goromonzi, Zimbabwe
Zimbabwe wants lithium miners to plan new capacity despite price dive
Updated 2 hours 31 minutes ago By: Reuters

Zimbabwe wants miners to come forward by the end of March with plans to produce battery-grade lithium, despite a sharp fall in global prices for the mineral, a senior government official said on... 


Spodumene production will be reduced at Mt Cattlin, in Australia
Newly merged Arcadium Lithium slows pace of expansion
Updated 3 hours ago By: Mariaan Webb

NYSE- and ASX-listed Arcadium Lithium – the company formed from the merger of equals between Livent and Alkem – has flagged a slowdown in the pace of its expansion plans in light of the current... 


Pilbara Minerals pauses dividend, cuts capex as it targets $200m in savings
Pilbara Minerals pauses dividend, cuts capex as it targets $200m in savings
22nd February 2024 By: Mariaan Webb

Australia’s biggest pure-play lithium producer, Pilbara Minerals, has opted to withhold its interim dividend as the company moves to preserve its balance sheet strength in an environment of lower... 


Ivan Vella started as IGO CEO in December
Lithium producer IGO beats on profit, shares up
22nd February 2024 By: Reuters

Australia's IGO reported interim underlying profit ahead of analysts' expectation on Thursday, even as the battery metal producer reeled from falling prices of key commodities, and said it did not... 


Piedmont sells remaining Sayona stake
Piedmont sells remaining Sayona stake
21st February 2024 By: Mariaan Webb

US-based lithium miner Piedmont Lithium on Wednesday announced that it would sell the rest of the shares it held in Australian miner Sayona Mining for A$59.9-million, or $39.4-million. The Nasdaq-... 


Sibanye CEO Neal Froneman
Sibanye incurs $2.58bn in impairments on lower metals prices
21st February 2024 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration... 


Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project
Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project
20th February 2024 By: Creamer Media Reporter

North American lithium producer Sayona Mining has announced feasibility study results that demonstrate the value of its Moblan lithium project, forming the centrepiece of the company’s Eeyou... 


US moves to restore stockpiling ‘panic button’ in EV metals fight with China
US moves to restore stockpiling ‘panic button’ in EV metals fight with China
20th February 2024 By: Bloomberg

Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and... 


Coal India to bid for 3 mines in critical minerals auctions in Feb
19th February 2024 By: Bloomberg

State-run Coal India will bid for three blocks in critical minerals auctions conducted by the country's mines ministry in February, chairman and MD P M Prasad told analysts in a post-earnings... 


Australian lithium stocks rally on speculation of China mine closure
Australian lithium stocks rally on speculation of China mine closure
19th February 2024 By: Reuters

Australian lithium stocks rallied on Monday on speculation that Chinese battery maker CATL had closed its Jianxiawo mine in China that produces the material used in electric vehicle batteries.... 


Aerial photo of the Bécancour industrial park showing NMG’s land for its Phase-2 Bécancour battery material plant.
Nouveau Monde strikes supply deals with GM, Panasonic
16th February 2024 By: Mariaan Webb

Canadian miner Nouveau Monde Graphite (NMG) on Thursday announced an offtake agreement with General Motors (GM) and a commitment from the automotive giant to invest $150-million to support the... 


Exxon aims to make key lithium technology decision by year end
16th February 2024 By: Reuters

Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world's top producers of the battery metal,... 


Albemarle CEO Kent Masters
Top lithium supplier Albemarle says prices are unsustainably low
16th February 2024 By: Bloomberg

Low lithium prices are “unsustainable” and will have to rise in order to trigger the supply investments needed to meet long-term demand growth, according to Albemarle, the world’s biggest... 


Premier to raise £2.48m for its Zulu project
15th February 2024 By: Tasneem Bulbulia

Aim-listed Premier African Minerals intends to raise £2.48-million before expenses through a subscription to advance its Zulu lithium and tantalum project. “This placement assures Zulu of plant... 


Lithium players to gather in Arkansas as low prices pressure industry
15th February 2024 By: Reuters

Exxon Mobil, Albemarle and others eyeing ways to tap Arkansas's vast lithium reserves will gather in Little Rock this week as the industry grapples with sagging prices for the battery metal that... 


Despite weak lithium prices, Albemarle beats on cost cuts
Despite weak lithium prices, Albemarle beats on cost cuts
15th February 2024 By: Reuters

Albemarle, the world's largest lithium producer, posted a better-than-expected adjusted quarterly profit on Wednesday as aggressive cost cuts helped offset plunging prices for the metal used to... 


IEA executive director Fatih Birol
IEA to launch security programme for minerals critical to energy sector
14th February 2024 By: Reuters

The International Energy Agency (IEA) is launching a programme to secure the supply of minerals critical to energy security, as demand rises fast while manufacturing remains in the hands of a few... 


Energy Minister Jonathan Wilkinson
Canada to accelerate critical mineral mining - Energy Minister
14th February 2024 By: Reuters

Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, Energy Minister Jonathan... 


Azure scoops Craig Oliver award
Azure scoops Craig Oliver award
13th February 2024 By: Creamer Media Reporter

Lithium exploration powerhouse Azure Minerals was awarded the Craig Oliver award at the RIU Explorers Conference in Fremantle on Tuesday. The award is dedicated to the former Sundance Resources... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Sigma Lithium plans to invest $100m on new Brazil plant
Sigma Lithium plans to invest $100m on new Brazil plant
13th February 2024 By: Bloomberg

Sigma Lithium, a leader in Brazil's budding lithium sector, said on Monday it planned to invest 492.4-million reais on a previously announced plant in the country, to be backed by financing from... 


Valor options Frazer Lake lithium project in Canada
13th February 2024 By: Creamer Media Reporter

Australia-based Valor Resources, which will reposition as Thunderbird Resources over the next few months, has acquired a low-cost option over a portfolio of highly prospective lithium projects in... 


Arizona’s Prairie pilot plant in final phase, performing well
12th February 2024 By: Tasneem Bulbulia

The direct lithium extraction (DLE) pilot plant at the Prairie project in Saskatchewan, Canada has processed more than 200 000 ℓ of brine, and has produced “exceptional” results during operations... 


Mining’s focus switching to critical minerals, with ESG pressures increasing
12th February 2024 By: Rebecca Campbell

The need to transform the global energy system and to cut carbon emissions, to counter the danger of climate change, is shifting the mining spotlight away from traditional high-value resources,... 


Anglo American projects and development director Alison Atkinson.
Anglo American, Finnish Minerals sign battery value chain agreement
12th February 2024 By: Schalk Burger

Mining multinational Anglo American and Finnish State-owned mining company Finnish Minerals Group have signed a memorandum of understanding (MoU) to explore opportunities to further support the... 


EU, US to align global minerals push against China’s supply grip
EU, US to align global minerals push against China’s supply grip
12th February 2024 By: Bloomberg

The US and the European Union are in talks to merge a core area of their efforts to engage suppliers of critical minerals in resource-rich nations, seeking to streamline their push against China’s... 


Mandrake receives BLM permit for Utah lithium project
9th February 2024 By: Creamer Media Reporter

ASX-listed Mandrake Resources has received the required permitting form the US federal Bureau of Land Management (BLM) for the re-entry of two wells at the 379 km2 Utah lithium project, in the... 


Premier publishes new mineral resource estimate for Zulu project
9th February 2024 By: Darren Parker

Aim-listed Premier African Minerals has published a new South African Mineral Resource Committee- (Samrec-) compliant mineral resource estimate (MRE) for its wholly-owned Zulu lithium and tantalum... 


Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
9th February 2024 By: Reuters

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... 


SQM launches third call for lithium accelerator programme
SQM launches third call for lithium accelerator programme
8th February 2024 By: Creamer Media Reporter

Chile’s SQM Lithium Ventures has launched the third generation of its corporate acceleration programme focusing on innovative start-ups offering solutions within the lithium industry. The... 


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