Zijin Mining Group Co. (ZIJMF), China’s leading miner, will miss its lithium output target this year due to stagnant prices. The company had aimed for 25,000 tons but will fall short, announcing the decision on Monday as it released a 46% increase in first-half earnings.… Read More »Zijin Mining Adjusts Lithium Production Amid Market Oversupply
Atlas Lithium Corporation (ATLX) is set to mark a major milestone in environmentally friendly lithium production in Brazil. The company is ready to ship its innovative modular dense media separation (DMS) lithium processing plant from South Africa to their Minas Gerais site in Brazil. Atlas… Read More »Atlas Lithium Ships Modular Processing Plant to Brazil
Growth in China’s Lithium Battery Industry China’s lithium battery industry (CBI) has reported a notable 20% year-on-year growth from January to June, despite declining prices. As the world’s largest producer, Chinese battery manufacturers are expanding overseas, anticipating increased lithium demand. Global Clean Tech Expansion Batteries,… Read More »High Voltage: China’s Lithium Battery Industry Grows by 20% Amid Price Drop
BAIYU Acquires Leading Energy Storage and Lithium Battery Company BAIYU Holdings, Inc. (BYU), a prominent B2B bulk commodity platform, announced that it has signed a definitive share purchase agreement to acquire Shenzhen Jintongyuan Energy Storage Technology Co., Ltd. This acquisition aims to propel BAIYU’s expansion… Read More »BAIYU Acquires Leading Energy Storage and Lithium Battery Company
Aricell, majority owned by S-Connect, is under scrutiny after CEO Park Soon-kwan was arrested for allegedly violating industrial safety laws. The arrest follows a tragic fire in June that claimed 23 lives at the South Korean lithium battery manufacturer. Despite Park’s apologies, authorities cite failure… Read More »South Korean Lithium Battery Maker CEO Arrested Over Fatal Fire
Mineral Resources (MIN) Lithium Prices and the Current Market One of Australia’s top lithium miners, Mineral Resources, is facing tough times as the price of lithium, crucial for electric vehicle (EV) batteries, falls sharply. The company’s boss, Chris Ellison, expressed frustration at global carmakers. Reasons… Read More »Lithium Boss Criticizes Car Manufacturers Amid EV Market Challenges
Lithium Battery Company CEO Arrested Aricell (ARCL), a notable name in the lithium battery industry, is under intense scrutiny. The CEO, Park Soon-kwan, has been arrested following a fatal fire at their South Korean facility. Tragic Industrial Disaster In June, a catastrophic fire at the… Read More »Lithium Battery Company CEO Arrested for South Korea Factory Fire
Rock Tech Lithium Stock Performance The shares of Rock Tech Lithium (CVE:RCK) fell below the 50-day moving average in Wednesday’s trading session. The stock, with a 50-day moving average of C$1.45, traded as low as C$1.19, closing at C$1.20. Financial Overview of Rock Tech Lithium… Read More »Rock Tech Lithium CVE:RCK Stock Moves Below 50-Day Average
QYResearch Inc has released a comprehensive analysis of the lithium sulfides market, projecting significant growth to $138 million by 2030. This increase is driven by a 52.4% CAGR, highlighting the crucial role of lithium sulfides in battery technology. Lithium Sulfides and Next-Generation Batteries Lithium sulfides… Read More »Lithium Sulfides Market to Reach $138 Million by 2030
Lithium Startups Face High Demand in Battery-Powered Future Stifel Financial (SF) discusses a booming future for lithium as global electrification efforts expand. Lithium, important for electric vehicle and cell phone batteries, is in high demand, with projections showing significant increases. Direct Lithium Extraction: A Game… Read More »Lithium Startups Harness Brine for Battery Demand Surge
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