Sigma Lithium Corporation (SGML) has achieved remarkable financial results for the second quarter of 2024. The corporation, dedicated to sustainable lithium production, reported a 22% reduction in cash costs and increased FOB margins to 54%, exceeding guidance ahead of schedule. Sigma Lithium Enhances Operational Efficiency… Read More »Sigma Lithium Achieves 22% Cost Reduction and 54% Margins in 2Q24
Lithium Americas Corp. (LAC) recently secured significant defense funding and anticipates a substantial energy loan. This strategic development follows an $11.8 million grant from the Department of Defense, while a Department of Energy loan exceeding $2 billion is pending. If conditions are fulfilled, General Motors… Read More »What’s Next for Lithium Americas and Its Strategic Developments?
Atlas Lithium Corporation (ATLX) has announced its innovative spodumene concentrate plant design as a finalist in a sustainability contest. The nonprofit organization in Minas Gerais recognizes environmental efforts in the industry. Atlas Lithium’s modular design reduces height, weight, and water usage. The company emphasizes that… Read More »Atlas Lithium’s Plant Design Finalist for Sustainability Contest
Lithium Market Faces Challenges in 2024 Li-FT Power Ltd (LIFT), a leading North American lithium company, is navigating the challenging landscape highlighted in the August 2024 S&P Global Commodity Insights report. The lithium market is under pressure due to global macroeconomic trends, shifts in electric… Read More »Lithium Prices Plummet Amidst EV Market Slowdown
Delta Lithium Limited (ASX:DLI) explores and develops lithium properties in Western Australia. With a market cap of AU$164m, the company recently narrowed its annual losses, signaling potential growth. Analysts predict Delta Lithium will reach profitability by 2026, with a projected annual growth rate of 14%.… Read More »Delta Lithium Limited (ASX:DLI) Breakeven Prospects
Galan Lithium (GLN) has announced a new partnership with China’s Chengdu Chemphys Chemical Industry. The companies signed a Memorandum of Understanding (MOU) which includes an advance payment of $40 million. This agreement enables Chemphys to acquire 23,000 tonnes of lithium carbonate equivalent (LCE) from Galan’s… Read More »Galan Lithium and Chemphys Secure $40M Offtake Deal
LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) is transforming the lithium industry in Canada. With groundbreaking Continuous Direct Lithium Extraction (DLE) technology, the company is making strides in its Boardwalk and Park Place projects in Western Canada. Focus on Advanced Lithium Extraction Technologies The adoption… Read More »Advancing Lithium Extraction in Canada with Continuous DLE Technology
ExxonMobil (XOM) has announced plans to become a major supplier of lithium. This critical material powers electric vehicle batteries, driving the industry’s future. Our strength lies in our expertise across geoscience, engineering, and chemical processing, enabling us to deliver large-scale projects efficiently. Lithium Ramping Up… Read More »Charging into the Lithium Business with ExxonMobil
Atlas Lithium Corporation (ATLX), a leader in lithium exploration and development, has announced that its innovative spodumene concentrate plant design is a finalist for an industry contest in Minas Gerais. The contest, scheduled for November 14, 2024, aims to recognize environmentally sustainable industry practices. The… Read More »Atlas Lithium’s Spodumene Plant Design Gains Recognition
Atlas Lithium Corporation (ATLX) has revealed that its state-of-the-art spodumene concentrate plant design has been chosen as a finalist in an environmental sustainability contest. This design, celebrated for its compact and modular nature, promises a significantly reduced weight and physical footprint compared to traditional models.… Read More »Atlas Lithium’s Innovative Plant Design Recognized
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