Sigma Lithium Receives Major Loan Sigma Lithium Corporation (SGML) has announced that it has received a binding commitment for a BRL 487 million loan from BNDES. This 16-year loan will fund the construction of their Second Greentech Carbon Neutral Plant in Brazil. Significance of the… Read More »Sigma Lithium Secures BRL 487 Million Loan for Brazilian Greentech Plant
AP Belgrade (Serbia) Thousands rallied Sunday in Belgrade, opposing the government’s crackdown on environmental activists against an EU-backed lithium project. Protestors gathered outside the RTS television headquarters, alleging media neglect of activist detentions. Lithium Excavation Protests Escalate Environmental groups reported detentions after a massive rally,… Read More »Thousands Rally in Serbia Against Anti-Lithium Activist Crackdown
Epsilor Electric Fuel, a renowned battery manufacturer, has delivered its first 6T series lithium-ion batteries to Hanwha Defence Australia. These batteries will be integrated into the Australian Army’s new Redback infantry fighting vehicles (IFVs). Focus on Advancements in Battery Technology The new COMBATT 6T lithium-ion… Read More »Epsilor Delivers Lithium-Ion Batteries for Redback IFVs
Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) has announced substantial progress in FY24. The company excelled in Battery Recycling, Lithium Chemicals, and Battery Materials. Record Achievements in Battery Recycling Lithium Australia’s Battery Recycling Division reported maiden operating cash profits in the final quarter. The strategic transition towards… Read More »Lithium Australia Ltd Achieves Record Battery Recycling Performance
E3 Lithium (TSXV: ETL, FSE: OW3, OTCQX: EEMMF) has announced the filing of its Unaudited Condensed Consolidated Interim Financial Statements for the second quarter of 2024. This significant update, alongside the Management’s Discussion and Analysis (MD&A), is crucial for stakeholders to understand the company’s financial… Read More »E3 Lithium Files Q2 2024 Financial Statements: Key Insights
Lithium startups are betting on the future of the battery market, where demand for lithium is projected to soar. Currently, lithium demand stands at 1 million tons annually, with BNEF forecasting growth to 3 million by 2030 and 6 million by 2050. As electric vehicles… Read More »Lithium Startups Eye Surging Demand in Battery Market
Africa’s Lithium Production Poised for Growth Earlier this year, market research firm Benchmark Mineral Intelligence projected a threefold increase in Africa’s lithium production in 2024. This surge will elevate Africa’s share of global output from 4% to over 10%. Notably, China is financing 90% of… Read More »Africa: Emerging as a Top Lithium Supplier by 2024
Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) reported a strong financial performance for FY24. Managing Director and CEO Simon Linge discussed the company’s growth with Proactive’s Tylah Tully. The company reported a record revenue increase to A$6.7 million, driven by a significant 50% growth in Lithium-Ion Battery… Read More »Lithium Australia Ltd Achieves Strong FY24 Performance in Battery Recycling
Atlas Lithium (NASDAQ:ATLX) has experienced a significant decrease in short interest over August. As of August 15th, the short interest for Atlas Lithium totaled 322,300 shares, marking a significant drop of 18.4% from the July 31st figure of 394,900 shares. With an average daily trading… Read More »Atlas Lithium Sees an 18.4% Drop in Short Interest
YPF SA (YPFD), the Argentine state-run oil company, is exploring the sale of its lithium unit to channel investments towards the Vaca Muerta shale region. This divestiture is part of a broader strategy to realign its focus from lithium exploration in Catamarca to boosting shale… Read More »YPF Considers Divesting Lithium Unit Amid Shale Focus
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