Enami is evaluating six partners for a public-private partnership in the Salares Altoandinos lithium project, valued at US$1.5 billion, located in Chile’s Atacama region. Scheduled to formalize in March 2025, the contenders include Chinese firms BYD Chile and CNGR Advanced Material, South Korea’s LG Energy… Read More »Enami Pursues US$1.5 Billion Salares Altoandinos Lithium Project Partnership
Scholz Highlights European Lithium Project in Saxony Germany’s Chancellor Olaf Scholz visited the Saxon mining authority in Freiberg to discuss advancements in lithium processing. He emphasized the significance of mining modern resources domestically, specifically mentioning lithium found in Germany. Lithium Production Plans near Altenberg Zinnwald… Read More »Scholz Praises European Lithium Mining in Saxony
BAIYU Holdings, Inc. (BYU) has signed a $60 million deal in the U.S. market, marking the entry of their lithium battery lineup. The company’s subsidiary, BMYA New Energy Technology, will supply 50,000 electric lithium battery sets to Feng’s Auto Parts Inc., each priced at $1,200.… Read More »BAIYU Secures $60M U.S. Lithium Battery Contract
YPF SA (YPF) is contemplating the sale of its lithium unit to streamline its focus on the Vaca Muerta shale. The state-run oil company aims to enhance investments in its core oil and gas activities. YPF Considers Divestment Executives are reviewing their business holdings, including… Read More »YPF Plans to Sell Lithium Unit to Focus on Vaca Muerta Shale
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
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