Sigma Lithium (SGML) has announced a binding commitment from BNDES, the National Brazilian Bank for Economic and Social Development, for a 487M reais development loan. This loan will fully fund the construction of the company’s second Greentech lithium concentrate production plant in Brazil. The loan… Read More »Sigma Lithium Secures Funding for Second Brazil Project
Mineral Resources (MIN), Australia’s prominent iron ore and lithium producer, is cutting costs as lithium prices remain weak. CEO Chris Ellison remains calm despite the financial turbulence, reflecting in a 40% drop in full-year earnings and a 79% decrease in net profit after tax to… Read More »Mineral Resources Faces Earnings Drop Amid Lithium, Iron Ore Price Fall
Lithium Stocks and ETFs Albemarle Corp. (ALB) is among the world’s largest lithium producers and offers vertical integration, giving it diverse revenue streams from bromine and catalysts alongside lithium. Recently, the company announced a restructure at its Kemerton site in Australia due to market conditions.… Read More »Top 7 Lithium Stocks and ETFs to Invest in 2024
E3 Lithium Ltd. (TSXV: ETL) has released its unaudited condensed consolidated interim financial statements for the second quarter of 2024. The company’s latest Management’s Discussion and Analysis (MD&A) also accompanies this release. E3 Lithium’s Resource and Development Focus E3 Lithium is a leader in Canadian… Read More »E3 Lithium Releases Q2 2024 Financial Statements and MD&A
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) has announced an update regarding its collaboration with General Motors Holdings LLC (GM). They have agreed to extend the outside date for the second tranche of their subscription agreement until the end of the year. Lithium Americas and… Read More »Lithium Americas Updates on GM Investment Timeline Extension
E3 Lithium Ltd. (EEMMF), a leader in Canadian lithium, has disclosed its Unaudited Condensed Consolidated Interim Financial Statements and Management’s Discussion and Analysis (MD&A) for Q2 2024. Investors can access these reports on the company’s profiles. This filing is crucial for the company’s ongoing transparency.… Read More »E3 Lithium Announces Q2 2024 Financial Results
Lithium Startups Harness Demand in Battery-Powered Era Bloomberg explores the burgeoning field of lithium startups aiming to meet the escalating demand for lithium, a vital component in batteries. These startups are pioneering new techniques to extract lithium efficiently and sustainably. Innovative Extraction Methods Direct lithium… Read More »Lithium Startups Innovate Amid Rising Demand for Battery Revolution
Savannah Resources (GB:SAV) is strengthening Europe’s lithium industry with its latest company update. The company announced its participation in premier European industry conferences, showcasing its commitment to enhancing the lithium supply chain. Additionally, Savannah Resources has published a community-focused newspaper detailing the Barroso Lithium Project… Read More »Savannah Resources Enhances Europe’s Lithium Supply Chain
Benchmark Mineral Intelligence has revealed forecasts predicting a significant rise in Africa’s lithium output, tripling in 2024. This surge elevates Africa’s contribution to global lithium production from 4% to over 10%. The Chinese investment, accounting for 90% of Africa’s planned lithium supply through 2030, is… Read More »Africa’s Rise as a Key Lithium Supplier: Opportunities and Developments
Enami Shortlists Six Companies for Lithium Project In a significant move, Chile’s National Mining Company (Enami) has selected Rio Tinto and five other companies to develop the Altoandinos lithium project in the Atacama Region. These companies will enter negotiations for a public-private partnership (PPP) aimed… Read More »Enami Shortlists Companies for Altoandinos Lithium Project in Chile
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