+44 207 394 30 90 (London)

News

Lithium mining for ‘green’ electric cars is leaving a stain on the planet

10.09.2019


In 2018, the International Energy Agency (IEA) made a prediction that had the potential to disrupt the auto industry: by 2030, there would be nearly 125 million electric vehicles owned by people around the world, they said. That was a significant increase compared to the 3.1 million electric vehicles globally owned in 2017. “The uptake…



Study says resource-rich Quebec should charge into lithium-ion sector

06.09.2019


MONTREAL — A new study says Quebec has all the ingredients to supply the global market with lithium-ion batteries, but lacks the kitchen to cook them up. The report, commissioned by an industry group, says the rapid growth of the electric vehicle market represents a big business opportunity for the province, predicting the number of…



Veolia to help refine lithium for Toyota Tsusho, Orocobre


Veolia says it has been selected by Toyota Tsusho and Orocobre to supply lithium refining technologies to the Naraha plant in Japan. Veolia Water Technologies will, under an engineering, procurement, and construction (EPC) contract, provide a chemical processing plant featuring HPD® evaporation and crystallisation technologies designed to convert lithium carbonate into lithium hydroxide employed in…



Chilean legislators reject lithium expropriation

04.09.2019


Chilean legislators have rejected a bill allowing the expropriation of private companies involved in lithium mining in the country, which would have left the door open for the state to take over firms such as Albemarle and SQM, the world’s No. 1 and second largest producers of the battery metal. The special committee of the…



Albemarle Struggles as Lithium Prices Continue to Fall


While the demand for rare and precious metals used in electric vehicle battery production remains strong, investors are facing a unique situation where prices have fallen to record lows. One key metal, lithium, has seen its prices fall by more than 40% in the past year, a decline that has eaten into the profit margins…



Galan Lithium ready to drill new project as Candelas maiden JORC nears

16.08.2019


Galan Lithium Ltd (ASX:GLN) is preparing to drill its Western Basin Project while it awaits the release of a maiden JORC resource for the Candelas Lithium Brine Project. Both projects are located on the Hombre Muerto salar in Argentina. Preparatory works to access sites for maiden drilling within the Western Basin Project have now been…



Lithium Industry Buildup Is Outracing the Electric-Car Boom

31.07.2019


Lithium miners are bulking up for a booming future when electric cars go mainstream. But speed bumps loom, with prices tumbling on a burst of new production and demand growth slowing in China. Between mid-2015 and mid-2018, prices for lithium, the soft, silvery-white metal crucial for rechargeable batteries, almost tripled as the world’s fleet of…



Galan Lithium Permitted To Explore Lithium Brines At Western Basin In Hombre Muerto

25.07.2019


Australia-based Galan Lithium (ASX: GLN) has had the most busy and dynamic month of July 2019 as the exploration company aggressively progresses towards unlocking the potential at its Hombre Muerto Lithium Brine Project in Argentina located within South America’s highly proliferous lithium triangle. Of late, consistent milestones have been achieved by the company with respect…



Sweden seeks lithium tie-ups in South America amid ‘white gold’ rush

24.07.2019


Sweden is turning its gaze towards Peru and other South American countries for lithium tie-ups amid a global race to lock in supply of the “white gold” metal that is key for the batteries that power electric vehicles. A senior trade official from the Scandinavian nation told Reuters by phone that firms in Sweden –…



How lithium-rich Chile botched a plan to attract battery makers

22.07.2019


In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles. Chile had lured the companies with an enticing offer. In exchange for helping the South American country, the world’s No. 2 miner of lithium, jumpstart…