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Lithium

Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say
13th January 2025 By: Reuters

Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for... 


Zijin in talks to buy $6bn China lithium producer
Zijin in talks to buy $6bn China lithium producer
10th January 2025 By: Bloomberg

Zijin Mining Group, one of China’s most acquisitive miners, says it’s in discussions to buy shares and potentially to take over Zangge Mining a lithium and potash producer. Zijin is in talks with... 


The nuGen™ green hydrogen fuel cell truck retrofitted from a diesel-powered vehicle.
Mining needs to commit to intensified decarbonisation goals, consulting firm shows
9th January 2025 By: Martin Creamer

The mining industry needs to commit to an intensified pursuit of decarbonisation goals amid the rate of greening being too slow to meet science-based targets, consulting services firm dss+ points... 


Phase 2 DFS drilling starts at Barroso lithium project
9th January 2025 By: Schalk Burger

Lithium mineral resource project developer Savannah Resources has recommenced drilling as it moves towards the finalisation of the definitive feasibility study (DFS) for the Barroso lithium... 


China becomes world's second-largest holder of lithium reserves, Xinhua reports
8th January 2025 By: Reuters

China's lithium reserves have risen from 6% to 16.5% of the global total, making it the world's second-largest holder of lithium reserves, state media reported on Wednesday. The world's top... 


Cauchari Olaroz
Stubbornly resilient lithium supply remains hurdle to recovery
8th January 2025 By: Bloomberg

A persistent lithium glut and the prospect that some mines could be restarted if prices rise means the battery metal is unlikely to mount a significant recovery this year. Lithium prices have... 


Musk’s massive Tesla lithium plant hunts for water in drought-hit Texas
Musk’s massive Tesla lithium plant hunts for water in drought-hit Texas
8th January 2025 By: Bloomberg

Twenty miles outside Corpus Christi, Texas — an area so dry the local water company distributes shower timers at high school football games — the world’s richest man is nearly done building a... 


Battery minerals demand expected to outpace supply - McKinsey
Battery minerals demand expected to outpace supply - McKinsey
8th January 2025 By: Schalk Burger

Demand for battery raw materials will outpace base-case supply for certain materials, requiring additional investment and leading to fear of shortages and price volatility, among other challenges,... 


Lithium Americas raises reserve estimate for Thacker Pass, appoints new CFO
Lithium Americas raises reserve estimate for Thacker Pass, appoints new CFO
7th January 2025 By: Reuters

Canada's Lithium Americas said on Tuesday it has raised the reserve estimate for the Thacker Pass lithium project and also appointed industry veteran Luke Colton as the new CFO, effective January... 


Zijin plans lithium production in Congo from early 2026
Zijin plans lithium production in Congo from early 2026
7th January 2025 By: Bloomberg

China’s Zijin Mining Group aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal. Zijin is accelerating... 


Lithium Americas and GM close joint venture for Thacker Pass mine
Lithium Americas and GM close joint venture for Thacker Pass mine
23rd December 2024 By: Reuters

Lithium Americas said on Monday it has closed its joint venture with US automaker General Motors to develop the Thacker Pass lithium mine in Nevada. The miner's CEO, Jonathan Evans said that the... 


Arcadium Lithium shareholders approve $6.7bn Rio Tinto deal
23rd December 2024 By: Reuters

Arcadium Lithium said on Monday its shareholders have voted in favour of a $6.7-billion sale to Australian mining giant Rio Tinto. Shares of Arcadium Lithium rose about 7% in extended trading... 


European Metals expands lithium production plans at Cinovec
European Metals expands lithium production plans at Cinovec
20th December 2024 By: Simone Liedtke

ASX- and Aim-listed European Metals has announced a substantial increase in planned lithium production at its Cinovec project, on the Czech-German border. The company revealed on December 20 that... 


Tres Quebradas
Triple Flag to acquire 0.5% royalty on Argentina lithium project
20th December 2024 By: Creamer Media Reporter

TSX- and NYSE-listed Triple Flag Precious Metals Corp has entered into a definitive agreement to acquire an existing 0.5% gross overriding revenue royalty on the Tres Quebradas construction-stage... 


Hands holding a shard of graphite
China’s niche metals export ban lifts prospects for Canada firms
19th December 2024 By: Bloomberg

China’s move to ban exports of niche metals to the US is creating opportunities for Canadian producers — though tariff threats by the incoming Trump administration may limit their prospects. A trio... 


Savannah's Barroso mine
Savannah to speed up Portugal lithium project, dismisses doubts over price and demand
19th December 2024 By: Reuters

London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


A Rio Tinto office
Rio Tinto shareholders call for resolution on review of dual-listed structure
19th December 2024 By: Reuters

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate... 


A brine pool
Saudi Arabia taps Aramco oil field brine in lithium battery push
19th December 2024 By: Bloomberg

Saudi Arabia is exploring projects that can produce lithium for batteries in an effort to ramp up production in the Middle Eastern oil exporter. The country, in the midst of revamping its economy... 


The Shaakichiuwaanaan project
Volkswagen invests C$69m in Patriot Battery Metals
19th December 2024 By: Creamer Media Reporter

Vancouver-headquartered Patriot Battery Metals has entered into a subscription agreement with German carmaker Volkswagen for the sale of 15.58-million Patriot shares at C4.42 a share for aggregate... 


Lithium ore
Namibia investigates China’s Xinfeng for alleged illegal mining
19th December 2024 By: Bloomberg

Namibia’s Ministry of Mines and Energy is investigating Xinfeng Investments for alleged illegal mining in the lithium-rich Erongo region. The ministry is accusing the company, which has an... 


A lithium ore stockpile
Chile’s Enami eyes lithium license in boost to partner search
19th December 2024 By: Bloomberg

Chilean authorities are expected to grant Enami a lithium operating license by year-end, paving the way for the State company to secure partners to develop the project. All six local indigenous... 


Northern Dynasty's Pebble mine
Trump advisers urge ending environmental reviews for mines receiving US funds
19th December 2024 By: Reuters

Advisers to incoming US President Donald Trump are recommending he waive environmental reviews for federally funded critical minerals projects to boost domestic production of materials used in... 


The Phase 1 Lionheart project area
Vulcan Energy signs €879m conditional debt commitment letter for European lithium project
18th December 2024 By: Creamer Media Reporter

Australia- and Frankfurt-listed Vulcan Energy has signed an €879-million conditional debt commitment letter with Export Finance Australia and a group of seven commercial banks for the financing of... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
13th December 2024 By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


Safety vests with the Rio Tinto logo
Rio Tinto chief speaks out over allegations, eyes Chile lithium project
12th December 2024 By: Reuters

Rio Tinto CEO Jakob Stausholm was "devastated" over the news of sexual harassment lawsuits against the company, he told Reuters on Thursday, while also expressing optimism for a potential lithium... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto to invest $2.5bn in Rincon lithium project capacity expansion
12th December 2024 By: Sabrina Jardim

Diversified mining company Rio Tinto has approved a $2.5-billion investment to expand the Rincon project, in Argentina – the company's first commercial scale lithium operation – demonstrating its... 


Covas de Barroso in Portugal
Savannah Resources gets temporary land access for Portuguese lithium project
12th December 2024 By: Reuters

London-listed Savannah Resources has secured temporary land access to a large chunk of its future lithium mining site in northern Portugal, allowing it to conduct fieldwork and begin the second... 


Lithium operation in Argentina
Argentina mining chamber says exports up slightly this year, likely flat in 2025
12th December 2024 By: Reuters

Argentina's mining exports are expected to rise nearly 6% this year, lifted by more lithium sales, as well as higher gold and silver prices, the head of the country's top mining association said on... 


Vulcan Energy launches €100m placement to fund Lionheart project
11th December 2024 By: Creamer Media Reporter

Emerging renewable-energy and lithium producer Vulcan Energy has announced a €100-million (A$164-million) institutional placement and strategic placement to support the commencement of critical... 


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