Pilbara Minerals Ltd (PLS), Arcadium Lithium plc (LTM), Core Lithium Ltd (CXO), Sayona Mining Ltd (SYA), and Mineral Resources Ltd (MIN) are witnessing substantial gains today. ASX Lithium Shares Surge Amid Market Turmoil This Wednesday, the S&P/ASX 200 Index (ASX: XJO) is down 0.2%, yet… Read More »Why ASX Lithium Shares Are Surging Today
Mineral Resources (MIN), Australia’s prominent iron ore and lithium producer, is cutting costs as lithium prices remain weak. CEO Chris Ellison remains calm despite the financial turbulence, reflecting in a 40% drop in full-year earnings and a 79% decrease in net profit after tax to… Read More »Mineral Resources Faces Earnings Drop Amid Lithium, Iron Ore Price Fall
Mineral Resources Ltd (ASX:MIN) has called out leading automakers for their slow shift to electric vehicles (EVs), as declining EV sales pressure lithium prices. CEO Chris Ellison criticized manufacturers for prioritizing profits from combustion engines instead of investing in EV development. This reluctance threatens the… Read More »Mineral Resources Ltd Reports Mixed FY24 Results Amid Falling Lithium Prices
Mineral Resources Ltd (ASX:MIN) recently criticized major automakers for lagging in the shift from combustion vehicles to electric vehicles (EVs). According to CEO Chris Ellison, automakers prioritize combustion engines for profits, hindering EV development. Mineral Resources and the Lithium Market The slowdown in EV sales… Read More »MinRes FY24: Revenue Up, Profit Down Amid Falling Lithium Prices
Mineral Resources (ASX: MIN) is tightening its operations in response to declining lithium and iron ore prices. The company, a major iron ore and lithium producer, reported a significant drop in earnings. Its full-year earnings fell by 40%, and underlying net profit after tax plummeted… Read More »Mineral Resources Tightens Belt Amid Lithium and Iron Ore Price Fall
Mineral Resources (MIN) Lithium Prices and the Current Market One of Australia’s top lithium miners, Mineral Resources, is facing tough times as the price of lithium, crucial for electric vehicle (EV) batteries, falls sharply. The company’s boss, Chris Ellison, expressed frustration at global carmakers. Reasons… Read More »Lithium Boss Criticizes Car Manufacturers Amid EV Market Challenges
Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) has announced the commencement of drilling at its Tonopah West project, located nearby Tonopah, Nevada, within the Walker Lane trend. The fully-funded drill program includes 20,000 meters of drilling with 50 planned drillholes. Three rigs are operational: two… Read More »Blackrock Silver Commences Drilling at Tonopah West Project
Sayona Mining Limited (ASX:SYA; OTCQB:SYAXF) announced significant drill results from its Moblan Lithium Project in Québec, Canada. The results from 94 new drill holes, totaling 20,735 meters, demonstrate the high-grade nature of this strategic asset. South Pegmatites Drilling Results – 40.70m @ 1.52% Li2O from… Read More »Moblan Drilling Reveals High-Grade Lithium Intersections
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) has announced a significant 26% increase in global mineral resources, reaching 60.1Mt, at its Bandeira Project in Minas Gerais, Brazil. Key Highlights from the Updated Mineral Resource Estimate Lithium Ionic’s latest assessment brings its total mineral… Read More »Lithium Ionic Announces 26% Global Mineral Resources Increase at Bandeira Project, Brazil
Mineral Resources (MALRY) has expanded its lithium operations by acquiring the Bald Hill lithium mine, enhancing its position in the global lithium market. Located near Kambalda in Western Australia’s Goldfields, Bald Hill boasts a significant production capacity, with an annual output of approximately 150,000 tonnes… Read More »Mineral Resources Secures Bald Hill Lithium Mine, Bolstering Spodumene Output
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