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Lithium

Rio Tinto CEO Jakob Stausholm
Rio Tinto CEO bullish on lithium but not eyeing big acquisitions
4th March 2024 By: Reuters

Demand for key-battery mineral lithium will continue to grow, underpinned by strong adoption of electric vehicles but the price of the metal is expected to be volatile, Rio Tinto CEO Jakob... 


Wolfsberg now Nasdaq-listed Critical Metals’ flagship asset
1st March 2024 By: Mariaan Webb

ASX-listed European Lithium has completed its business combination with Sizzle Acquisition to form Critical Metals, which started trading in the US earlier this week. The Wolfsberg lithium... 


Zimbabwe flag
Galileo reaches 80% shareholding in Zim-focused BC Ventures
29th February 2024 By: Marleny Arnoldi

London-listed Galileo Resources has met all conditions required to acquire an additional 51% shareholding in BC Ventures, which, coupled with its existing 29% shareholding, now adds up to an 80%... 


Arkansas Smackover project now under full Pantera ownership
29th February 2024 By: Creamer Media Reporter

Australia-listed Pantera Minerals on Thursday announced it had completed the acquisition of Daytona Lithium, handing it 100% ownership of the Superbird lithium brine project, in the lithium-rich... 


Excess capacity to keep pressure on lithium prices, says SQM
Excess capacity to keep pressure on lithium prices, says SQM
29th February 2024 By: Mariaan Webb

New York- and Santiago-listed Sociedad Química y Minera de Chile (SQM) has posted a sharp drop in full-year earnings, despite lithium volumes reaching new record levels as spodumene concentrate... 


Mining Minister Aurora Williams
Chile to define lithium contracts by June, Mining Minister says
29th February 2024 By: Reuters

Chile’s government expects to lay out by March the broad terms of lithium contracts to be offered under a new public-private partnership model, Mining Minister Aurora Williams told reporters on... 


Australia considers tax credit for minerals processing, says industry group
Australia considers tax credit for minerals processing, says industry group
28th February 2024 By: Reuters

The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining... 


SQM and Hancock’s bid for Azure gains competition law approvals
28th February 2024 By: Mariaan Webb

The A$1.7-billion joint bid by SQM and Hancock Prospecting for Australian lithium developer Azure Minerals has successfully secured all necessary approvals under competition law, it was announced... 


Core and Lucas Total terminate Finniss mining contract
Core and Lucas Total terminate Finniss mining contract
28th February 2024 By: Creamer Media Reporter

Australian hard-rock lithium producer Core Lithium has terminated its mining services agreement with Lucas Total Contract Solutions at the Finniss operation, in the Northern Territory. This follows... 


Lithium Universe secures industrial land for Quebec refinery
26th February 2024 By: Creamer Media Reporter

Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye reports 55.1% increase in lithium carbonate equivalent resources
26th February 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported a 55.1% increase in attributable lithium mineral resources as at the end of last year, along with a general expansion and diversification of its... 


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
23rd February 2024 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
23rd February 2024 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... 


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