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Lithium

Wildcat says Tabba Tabba is Australia’s largest undeveloped lithium resource
Wildcat says Tabba Tabba is Australia’s largest undeveloped lithium resource
28th November 2024 By: Mariaan Webb

Australian lithium explorer and developer Wildcat Resources has announced a new mineral resource estimate for its Tabba Tabba prospect, near Port Hedland, confirming the project as the largest... 


Lithium Ionic secures $266m in potential Exim financing for Brazil project
Lithium Ionic secures $266m in potential Exim financing for Brazil project
28th November 2024 By: Mariaan Webb

TSX-V-listed Lithium Ionic has announced a major step forward in the development of its Bandeira lithium project, in Brazil, with a nonbinding letter of interest (LoI) from the Export-Import Bank... 


WA unveils A$150m lithium support package
WA unveils A$150m lithium support package
27th November 2024 By: Mariaan Webb

The Western Australian government has launched a A$150-million support package aimed at safeguarding local jobs and ensuring the state maintains its position as a global leader in battery metals,... 


Galp drops plans to build Aurora lithium refinery in Portugal
27th November 2024 By: Reuters

Portuguese energy company Galp said late on Tuesday it has dropped its plan to build the Aurora lithium refinery after it failed to find a new partner to replace Northvolt, a Swedish maker of... 


Leo Lithium completes exit from Mali JV, shareholders in line for dividend
Leo Lithium completes exit from Mali JV, shareholders in line for dividend
27th November 2024 By: Mariaan Webb

Australia’s Leo Lithium has completed its exit from the Mali joint venture (JV) with Chinese group Ganfeng, with the company having crossed the final hurdles in its sale of the remaining 40% stake... 


Bolivia says China's CBC to invest $1bn in lithium plants
27th November 2024 By: Reuters

Bolivia's government and Chinese consortium CBC, which includes battery manufacturer CATL, have signed an agreement for CBC to build two direct lithium extraction plants for at least $1-billion,... 


Vulcan in talks with producers to licence lithium technology
26th November 2024 By: Reuters

Australia-listed Vulcan Energy is in talks with lithium companies to licence its filtration technology, tapping a new revenue source as the firm commercialises its renewable-energy project in... 


Chris Ellison
MinRes founder Ellison steps down as Delta Lithium chair
25th November 2024 By: Reuters

Chris Ellison, the billionaire founder of Mineral Resources who was found to have used company resources for personal benefits and evaded taxes, has resigned as the chairman of the Delta Lithium,... 


Rio Tinto-backed lithium tech startup set to raise second round of funds
25th November 2024 By: Reuters

A lithium technology startup backed by Rio Tinto expects to finalise a funding round in the next week to raise A$29-million even as the global lithium market struggles, its Melbourne-based CEO told... 


Australia introduces tax incentive to propel critical minerals industry
Australia introduces tax incentive to propel critical minerals industry
25th November 2024 By: Mariaan Webb

The Australian government on Monday introduced legislation to Parliament for the Critical Minerals Production Tax Incentive (CMPTI), a move that industry stakeholders have hailed as a significant... 


Chris Ellison
Mining chief Ellison tells shareholders: ‘I hate what I’ve done’
21st November 2024 By: Bloomberg

Chris Ellison, the MD and founder of Mineral Resources, told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal tax. “I put that... 


Marula accelerates work programme at Northern Cape lithium, tungsten project
21st November 2024 By: Tasneem Bulbulia

Africa-focused Marula Mining has opted to accelerate its initial work programme at the Northern Cape lithium and tungsten (NCLT) project and also seek to leverage its flexible mining and processing... 


Lake Resources chair optimistic despite short-term challenges in lithium market
Lake Resources chair optimistic despite short-term challenges in lithium market
21st November 2024 By: Mariaan Webb

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 


Chris Ellison
MinRes to de-link with founder Chris Ellison after tax evasion scandal
21st November 2024 By: Reuters

Australia's Mineral Resources (MinRes) said on Thursday it plans to unwind or exit deals with entities linked to its billionaire founder Chris Ellison after an internal probe found he misused... 


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... 


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