Yichun, known as the ‘lithium capital of Asia’, faces challenges due to a drastic fall in lithium prices. Once thriving on the demand for electric-vehicle (EV) batteries, many in this Jiangxi province city now struggle. Companies are reducing or halting production to mitigate financial losses.… Read More »Lithium Price Decline Hits Yichun, China’s Key Production Hub
Savannah Resources (GB:SAV) is strengthening Europe’s lithium industry with its latest company update. The company announced its participation in premier European industry conferences, showcasing its commitment to enhancing the lithium supply chain. Additionally, Savannah Resources has published a community-focused newspaper detailing the Barroso Lithium Project… Read More »Savannah Resources Enhances Europe’s Lithium Supply Chain
Introduction ExxonMobil, a titan in the oil and gas industry, has announced a groundbreaking shift in its business strategy, venturing into lithium production. This move is aimed at capturing a share of the burgeoning electric vehicle (EV) battery market. The company’s ambitious plan to drill… Read More »ExxonMobil Moves into Lithium Production for EV Batteries
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