Rio Tinto (RIO) has announced a significant acquisition to bolster its lithium portfolio. The company is set to purchase US-based Arcadium Lithium for $6.7 billion. This strategic move comes as the shift towards green energy intensifies. Rio Tinto’s Expansion into Lithium Rio Tinto is acquiring… Read More »Rio Tinto Enhances Lithium Portfolio with Arcadium Acquisition
Sinomine (703233) decries the challenging conditions in Zimbabwe’s lithium sector. Poor infrastructure and inconsistent policies exacerbate the effects of falling lithium prices, according to the China-based company’s Zimbabwean unit. Sinomine Faces Challenges in Zimbabwe’s Lithium Market Zimbabwe, a leading lithium producer in Africa, has attracted… Read More »Sinomine Challenges Zimbabwe Infrastructure Amid Lithium Price Slump
Atlantic Lithium (A11) is set to establish Ghana’s inaugural lithium mine, known as the Ewoyaa project. Despite reporting a $12.4 million loss for the fiscal year ending June 2024, Atlantic Lithium at the site. Under an agreement with Piedmont Lithium (PLL), they will fund nearly… Read More »Atlantic Lithium Nears Construction of Ghana’s First Lithium Mine
Yacimientos de Litio Boliviano (YLB) has shortlisted four companies for lithium pilot plants in Bolivia’s salt flats. The bidders are China’s CBC, Italy’s Protecno, France’s Eramet, and Australia’s Eau Lithium. These companies were selected based on technological maturity, financial propositions, technical parameters, and project execution… Read More »Bolivia Shortlists Companies for Lithium Pilot Plants
Ganfeng Lithium Group Co. (GNF) and other Chinese lithium processors are turning to hedging strategies to navigate the volatile lithium market. The surge in hedging is a consequence of the successful introduction of lithium carbonate futures on the Guangzhou Futures Exchange a year ago, capturing… Read More »Chinese Lithium Producers Embrace Hedging Amid Market Volatility
**NEWS: Chile’s Altoandinos Lithium Project** Rio Tinto (RIO), Eramet (ERA), and BYD are among six companies selected by Chile’s state-run mining company, Enami, to develop the lithium project in the Altoandinos salt flats. These companies have met the criteria and are set to negotiate a… Read More »Rio Tinto, Eramet, BYD Advance in Chile’s Altoandinos Lithium Project
Battery-material giant Ganfeng Lithium (002460) has announced a delay in spending on projects without significant near-term returns after reporting a first-half financial loss. The Chinese company experienced a net loss of 760.4 million yuan, contrasting with profits from the previous year. Consequently, it plans to… Read More »Ganfeng Lithium Delays Projects Amid Industry Slump
Atlas Lithium Corp. (ATLX) has announced that its modular lithium processing plant design is a finalist in a prestigious sustainability contest held in Brazil. The contest, managed by a nonprofit civil society organization, acknowledges environmentally sustainable methods in the Brazilian State of Minas Gerais. The… Read More »Atlas Lithium’s Modular Plant Finalist in Sustainability Contest
Imagine Lithium Inc. (TSXV: ILI) has announced an initial NI 43-101 compliant lithium Mineral Resource Estimate at its Jackpot Property near Nipigon, Ontario. The company has shared an Indicated Mineral Resource of 3.1 Mt at 0.85% Li2O and an Inferred Mineral Resource of 5.3 Mt… Read More »Imagine Lithium Announces 3.1 Mt Indicated Mineral Resource at Jackpot
Atlas Lithium Corp. (ATLX) has announced that its modular lithium processing plant design is a finalist in a sustainability contest in Brazil. This initiative recognizes environmentally sustainable practices in Minas Gerais. Lithium Processing Plant Design Atlas Lithium’s innovative plant refines the dense media separation (DMS)… Read More »Atlas Lithium’s Modular Plant Finalist in Sustainability Contest
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