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
Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) has reported remarkable growth for the fiscal year 2024. The company saw a 22% increase in revenue, reaching A$6.7 million. This was primarily due to a 50% rise in Lithium-Ion Battery (LIB) collection volumes totaling 829 tonnes. Gross profit grew… Read More »Lithium Australia Achieves Strong Growth in FY24 with Battery Recycling Advances
Atlas Lithium Corp. (ATLX) has announced that its modular lithium processing plant design is a finalist in a prestigious sustainability contest held in Brazil. The contest, managed by a nonprofit civil society organization, acknowledges environmentally sustainable methods in the Brazilian State of Minas Gerais. The… Read More »Atlas Lithium’s Modular Plant Finalist in Sustainability Contest
Mineral Resources Ltd (ASX:MIN) has called out leading automakers for their slow shift to electric vehicles (EVs), as declining EV sales pressure lithium prices. CEO Chris Ellison criticized manufacturers for prioritizing profits from combustion engines instead of investing in EV development. This reluctance threatens the… Read More »Mineral Resources Ltd Reports Mixed FY24 Results Amid Falling Lithium Prices
Atlas Lithium Co. (ATLX) experienced a notable decrease in short interest for August 2024. By August 15, short interest decreased by 18.4%, reaching 322,300 shares from the 394,900 recorded on July 31. With about 4.7% of the company’s stock sold short and an average trading… Read More »Significant Decrease in Atlas Lithium Short Interest in August
YPF SA (YPF), the Argentine state-run oil company, plans to sell its lithium unit as it refocuses on the Vaca Muerta shale. Executives are contemplating an exit from YPF Litio, sources revealed, as the company reassesses its non-core assets. Focus on Energy Transition The potential… Read More »YPF Considers Selling Lithium Unit to Boost Shale Focus
Enami (ENAMI) is evaluating six potential partners for a public-private partnership (PPP) on the US$1.5 billion Salares Altoandinos lithium project in Chile’s Atacama region. The PPP will be established in March 2025. The shortlisted candidates include Chinese firms BYD Chile and CNGR Advanced Material, South… Read More »Enami Evaluates Partners for Salares Altoandinos Lithium Project
Scholz Highlights European Lithium Project Germany’s Chancellor Olaf Scholz visited the Saxon mining authority in Freiberg, emphasizing the importance of modern resource processing in Germany. During the visit, he highlighted Germany’s potential to mine resources domestically, mentioning lithium as a key resource. Lithium Mining Near… Read More »Scholz Praises European Lithium Mine in Saxony
BAIYU Holdings, Inc. (BYU), a prominent B2B bulk commodity e-commerce platform and supply chain service provider, has announced a significant achievement. The company, through its subsidiary BMYA New Energy Technology Inc. (BNET), signed a US$60 million contract for electric lithium batteries with Feng’s Auto Parts… Read More »BAIYU Secures $60M Lithium Battery Contract in US
YPF Eyes Lithium Unit Sale YPF SA aims to streamline investments by potentially selling its lithium division. The move aligns with plans to concentrate on advancing operations in Vaca Muerta, Argentina. Focus on Vaca Muerta Shale YPF is focusing its resources on shale development, leading… Read More »YPF Considers Selling Lithium Unit to Boost Shale Production
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