Lithium Junior Miners Lithium Spot Prices Decline Lithium spot prices witnessed a downturn over the past month. This drop in prices has prompted miners to reassess their production outputs. Significant Activity in the Lithium Sector Liontown Resources reported its first production delivery on time. Notably,… Read More »Lithium Junior Miners News August 2024: Key Updates
Arizona Lithium Drilling Halted Amid Tribal Concerns A federal judge has temporarily halted lithium drilling in Arizona, highlighting the tension between green energy projects and cultural preservation. The Hualapai Tribe opposes the drilling, citing potential harm to sacred lands used for religious ceremonies. Legal Proceedings… Read More »Judge Blocks Arizona Lithium Drilling on Sacred Tribal Lands
Piedmont Lithium (PLL; ASX: PLL), a leading North American lithium provider, announced Sayona Mining Limited’s (SYA) revised mineral resource for North American Lithium. Focus on North American Lithium Sayona, owning 75% of the joint project with Piedmont holding 25%, reported this update under the JORC… Read More »Sayona Mining Updates North American Lithium Resource Estimate
American Lithium Corp. (TSX-V:LI, Nasdaq:AMLI, Frankfurt:5LA1) announces significant management changes. Simon Clarke has resigned as CEO and Director, effective September 1, 2024, to pursue other interests. Clarke will continue in an advisory capacity. Alex Tsakumis will step in as Interim CEO. American Lithium Applies for… Read More »American Lithium Announces CEO Resignation and Nasdaq Extension Application
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
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