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Lithium

Exxon signs deal to supply lithium to battery maker LG Chem
20th November 2024 By: Bloomberg

Exxon Mobil has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply... 


Chile lithium miner SQM reports net profit down 73% in Q3
Chile lithium miner SQM reports net profit down 73% in Q3
20th November 2024 By: Reuters

Chile's SQM, the world's second-largest lithium producer, reported a 73% drop in third-quarter net profit on Wednesday, as higher sales volumes failed to offset a sharp decline in average sales... 


Chile's rare salt flat fish faces threat from lithium mining project
20th November 2024 By: Reuters

At more than 3 700 m above sea level, the "karachi" swims happily in dense salt flat waters, but locals worry a future lithium project will endanger this extreme-environment fish. The Orestias... 


Solar panels
Zimbabwe power tariff hike sparks 3 000 MW of energy investments
20th November 2024 By: Bloomberg

Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power crisis. Since the switch in December last year, energy... 


Australia's Global Lithium delays AGM on foreign interference concerns
20th November 2024 By: Reuters

Global Lithium will push back its annual shareholder meeting to February to allow time for the Australian government to review a potential breach by a shareholder of foreign acquisition laws.... 


Australian pension group rejects Mineral Resources pay proposal
19th November 2024 By: Bloomberg

A group representing Australia’s A$3.9-trillion ($2.5-trillion) pension industry has recommended its members vote against the remuneration plan of scandal-hit Mineral Resources at the company’s... 


The NAL plant in Canada
Sayona and Piedmont merge to create North America’s biggest hard rock lithium producer
19th November 2024 By: Mariaan Webb

Australia’s Sayona Mining on Tuesday announced an all-stock merger with US-based Piedmont Lithium, forming the largest hard rock lithium producer in North America. The merger is designed to create... 


A forklift carryig a bag of lithium ore
Zimbabwe lithium miners want royalties to be linked to prices
15th November 2024 By: Bloomberg

Zimbabwe lithium miners want royalty payments to the government linked to metal prices as the current market downturn threatens the viability of investment projects. That will ensure “the... 


Australian PM Anthony Albanese
Australia eyes US climate policy shift for green energy boost
15th November 2024 By: Reuters

Any move by the Trump administration to change US climate policy could benefit Australia's ambitions to attract greater investment to its critical minerals and green energy industry, Prime Minister... 


Lithium in nascent recovery, but longer-term outlook still bleak
Lithium in nascent recovery, but longer-term outlook still bleak
14th November 2024 By: Bloomberg

Lithium is enjoying a mini-revival on an uptick in Chinese electric vehicle demand and supply cuts, although analysts caution there’s still likely to be a surplus of the battery metal in 2025.... 


Piedmont Lithium slashes more jobs under cost-cutting plan
Piedmont Lithium slashes more jobs under cost-cutting plan
13th November 2024 By: Reuters

US miner Piedmont Lithium has nearly halved its total workforce after completing an additional 32% reduction in October as part of an ongoing cost-cutting plan, it said on Tuesday. The company... 


MinRes shuts Bald Hill lithium mine amid market slowdown
MinRes shuts Bald Hill lithium mine amid market slowdown
13th November 2024 By: Mariaan Webb

Australian miner Mineral Resources (MinRes) has announced the temporary closure of its Bald Hill lithium mine near Kambalda, Western Australia, as the global lithium market continues to face a... 


Lake Resources if focusing on the Kachi project
Lake Resources sells noncore assets to focus on Kachi
13th November 2024 By: Mariaan Webb

ASX-listed Lake Resources on Wednesday announced a sale agreement with Austroid to sell three of its lithium brine assets in Argentina for $9-million. The assets, including tenements at Paso de... 


Australia-listed Vulcan Energy gets $106m funding from German ministry
12th November 2024 By: Reuters

Australia's Vulcan Energy Resources said on Tuesday it had received 100-million euros ($106.42-million) in funding from the German economy ministry for its renewable energy plant in Landau,... 


Mintek CEO Dr Molefi Motuku
South Africa has impressively low battery manganese incentive price, Mintek@90 hears
11th November 2024 By: Martin Creamer

South Africa’s current process of dissolving the world’s purest manganese metal to make battery grade manganese has got the lowest incentive price of any of the new, non-Chinese high-purity... 


Kathleen Valley
Liontown Resources trims output plans for Kathleen Valley, flags cost cuts
11th November 2024 By: Reuters

Australia's Liontown Resources trimmed its production plans for the flagship Kathleen Valley lithium project on Monday and flagged cost cuts to adapt to low metal prices, months after producing its... 


Global Lithium seeks court approval to postpone AGM amid foreign control concerns
Global Lithium seeks court approval to postpone AGM amid foreign control concerns
8th November 2024 By: Mariaan Webb

Australian lithium developer Global Lithium Resources has applied to the Supreme Court of Western Australia for a deferral of its upcoming AGM until March 29, 2025. The move comes as the company... 


Ahead of Rio Tinto buyout, Arcadium's profit dips on sliding lithium prices
Ahead of Rio Tinto buyout, Arcadium's profit dips on sliding lithium prices
8th November 2024 By: Reuters

Arcadium, the lithium producer that has agreed to sell itself to Rio Tinto, posted an 82% drop in quarterly income on Thursday that missed Wall Street's expectations due to sliding prices of the... 


Charger exercises Bynoe lithium pre-emptive right
Charger exercises Bynoe lithium pre-emptive right
7th November 2024 By: Mariaan Webb

Critical minerals company Charger Metals is taking full charge at the Bynoe lithium project after exercising its pre-emptive rights to acquire the remaining 30% of the lithium project from fellow... 


Albemarle loses more than $1bn on falling lithium prices
Albemarle loses more than $1bn on falling lithium prices
7th November 2024 By: Bloomberg

Albemarle, the world's largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71% drop in prices for the... 


Republican Presidential nominee former US President Donald Trump next to his wife Melania Trump.
Trump return will slow, not stop, US clean energy boom
6th November 2024 By: Reuters

Donald Trump's return to the White House will refocus the nation's energy policy onto maximising oil and gas production and away from fighting climate change, but the Republican win in Tuesday's... 


Kodal disagrees with Hainan statement related to MoU in Mali
5th November 2024 By: Marleny Arnoldi

Following an announcement by Hainan Mining related to the memorandum of understanding (MoU) between the Mali government, Hainan and Aim-listed Kodal Minerals’ jointly owned subsidiary Kodal... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater reports 9% y/y growth in adjusted earnings for third quarter
5th November 2024 By: Darren Parker

Diversified miner Sibanye-Stillwater has announced a 9% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $184-million for the third... 


FBM sells Nevada lithium project to focus on WA assets
4th November 2024 By: Creamer Media Reporter

Australian firm Future Battery Minerals (FBM) has announced the sale of its 80% interest in the Nevada lithium project to a Texas-headquartered company for A$4-million in cash. This sale will... 


Chris Ellison
Mineral Resources says Ellison to step down after probe
4th November 2024 By: Bloomberg

Mineral Resources said its tycoon founder, Chris Ellison, will be penalised A$8.8-million and will step down within 18 months after the Australian miner launched an investigation into undeclared... 


Kodal, Mali govt enter MoU to finalise Bougouni transfer
1st November 2024 By: Darren Parker

Mineral exploration and development company Kodal Minerals has announced that Kodal Mining UK (KMUK), a company owned 51% by Hainan and 49% by Kodal, and the Malian government have entered into a... 


Argentina Lithium wins local authority approval to kick off exploration push
1st November 2024 By: Reuters

Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy to kick off exploration efforts in the Paso de Sico concession, the company said on... 


Environmentalists sue over US approval of ioneer's Nevada lithium mine
Environmentalists sue over US approval of ioneer's Nevada lithium mine
1st November 2024 By: Reuters

Environmental and Indigenous groups on Thursday filed a lawsuit challenging the US Interior Department's approval of ioneer's Rhyolite Ridge lithium mine in Nevada, the first domestic source of the... 


ON-THE-GO POWER
Caterpillar’s Dynamic Energy Transfer system comprises an electrified rail system to transmit the energy to passing vehicles and is highly deployable to suit customers’ specific site layouts
OEM expands electric drive, automation offerings
1st November 2024 By: Donna Slater

Unveiled in mid-September, equipment maker Caterpillar’s (Cat’s) new energy management system – Dynamic Energy Transfer (DET) – offers the ability to transfer electrical energy to both... 


Greenbushes chemical plant capex jumps to A$880m
Greenbushes chemical plant capex jumps to A$880m
31st October 2024 By: Mariaan Webb

Australian lithium company IGO on Thursday announced a revised budget and timeline for the Chemical Grade Plant 3 (CGP3) project under construction at the Greenbushes lithium mine. The total cost... 


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