CME Group, a leading derivatives marketplace, is set to introduce a futures contract for Lithium Carbonate on July 17, 2023, subject to regulatory reviews. With the increasing demand for electric vehicles, this move aims to offer market participants improved risk management options and greater transparency… Read More »CME Group to Launch Lithium Carbonate Futures Amid Rising Electric Vehicle Demand
Bolivia, home to the world’s largest lithium resources, is set for a major shift. Chinese battery giant CATL, a global leader in electric vehicle batteries, has confirmed a $1.4 billion investment. This investment aims to develop Bolivia’s untapped lithium reserves and marks a new phase in the CATL-Bolivia partnership.
Lake Resources (ASX: LKE) recently disclosed a significant delay and cost escalation for its primary lithium project, the Kachi project in Argentina. This announcement led to a 20% drop in the company’s share price as it revealed a six-year delay in the project and a… Read More »Lake Resources Faces Delays and Rising Costs in Kachi Lithium Project Amidst Global Lithium Demand Surge
June 15, 2023 / Vancouver, BC / Lithium South Development Corporation (the “Company”) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt OGPQ) is providing an update on the recently completed exploration program and status of the updated Mineral Resource Estimate that is currently underway for the Hombre Muerto North… Read More »Lithium South Enhanced Resource Update
The electric vehicle (EV) market has experienced remarkable growth in recent years, with industry giants like Tesla grabbing the lion’s share of the spotlight. However, behind the scenes, a multitude of lesser-known junior miners are working tirelessly to be able to supply the critical raw… Read More »Beyond Tesla: 3 Lithium Stocks To Fuel the Electric Vehicle Boom You Should Know About
Tecpetrol Investments, a subsidiary of the Techint Group, has submitted a cash offer for the purchase of all existing common shares of Alpha Lithium Corporation (NEO: ALLI | OTC: APHLF | FRB: 765). The offer, set at C$1.24 per share, is made directly to Alpha… Read More »Tecpetrol Presents Direct Cash Offer to Alpha Lithium Shareholders, Amplifying Acquisition Tension in Argentina
Australian mining firm, European Lithium Ltd (ASX:EUR, OTCQB:EULIF), and Saudi industrial titan, Obeikan Group, are collaborating on a balanced joint venture to inaugurate a lithium processing facility in Saudi Arabia. As per an announcement by European Lithium, this joint venture aligns with Saudi Arabia’s strategic… Read More »European Lithium and Obeikan Group to Open $400M Lithium Processing Plant in Saudi Arabia for EV Battery Supply Chain Boost.
As Tesla builds its own lithium refinery, Canadian lithium mining companies stand to gain from the rising demand for battery-grade lithium. With the aim to produce enough battery metal for one million electric vehicles (EVs) by 2025, Tesla’s ambitious project will increase the demand for… Read More »5 Canadian Lithium Stocks Set to Benefit from Tesla’s Texas Lithium Refinery Ambitions
Sigma Lithium Begins Green Lithium Production Sigma Lithium Corporation (NASDAQ:SGML) has successfully transitioned from a developer to a producer with the commencement of battery-grade sustainable lithium concentrate, also known as Green Lithium, production at its Grota do Cirilo project in Brazil. The company has achieved… Read More »Sigma Lithium Achieves Milestone with First Green Lithium Production at Grota do Cirilo Mine
Introduction The lithium market is currently facing a perplexing situation, with Fastmarkets reporting a spodumene price increase from the previous $4,850 per tonne to a new price of $5,313 per tonne, while Chinese lithium carbonate and hydroxide prices continue to decline. This article will analyze… Read More »The Lithium Market Conundrum: Spodumene Price Reversal Amid Chinese Lithium Carbonate Downtrend
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