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How lithium could be Calif.’s next ‘gold rush’

31.10.2019


Derek Benson walks to the spot where the brine, surging upward from the depths, finds its outlet into the John L. Featherstone geothermal power plant. The pipe is 2 ½ feet in diameter and made of super-strong steel, but it trembles and squeaks like a living thing. The pipe is covered by a metal lid…



Stung by sliding prices, lithium industry pares back expansions

30.10.2019


Albemarle Corp, SQM and other lithium producers have been scaling back expansion plans as near-term oversupply concerns drag on prices, unnerving investors who are pushing the industry to focus more on profitability. Volkswagen, BMW and other automakers planning to produce all-electric fleets of vehicles during the next decade with lithium-ion batteries are expected to help…



Australia’s Galaxy Resources to cut lithium production

28.10.2019


Australian lithium miner Galaxy Resources Ltd said on Thursday it will scale back operations at its Mt Cattlin mine, as the sector faces pressure from weak pricing and lower than expected demand from China. Galaxy said in a statement it is reviewing operations at Mt Cattlin, its most important mine, and expected to reduce the…



Global and China Lithium-ion Battery Anode Material Industry Report, 2019-2025

22.10.2019


Lithium-ion battery finds wide application in consumer electronics and gets increasingly used in automotive sector, with its market having been ballooning since 2009 and approximating $43.5 billion worldwide in 2018. As a big producer of lithium-ion battery, China’s output of lithium-ion battery reached 102 GWh in 2018 as a percentage of 53.4% in the global…



How the Battery Sector Is Looking to Improve Lithium-Ion

18.10.2019


Electric vehicle makers and battery manufacturers are making progress in developing new lithium-ion designs, amid persistent concerns over the supply of key materials. Concerns over cobalt, in particular, are forcing battery makers to move toward cobalt-light lithium-ion formulations, said Hans Eric Melin, founder of Circular Energy Storage, a consultancy focused on battery end-of-life management. Foremost…



Russia eyeing controlling stake in Chile’s Atacama lithium project


SANTIAGO – Uranium One Group, a subsidiary of Russia’s state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Wealth Minerals Ltd, the Canada-listed company said on Tuesday. Under a deal struck with Wealth, the Russian nuclear firm has the option to purchase up to a…



Bacanora and Ganfeng ink Sonora lithium project investment

16.10.2019


Bacanora Lithium (AIM: BCN) announced on Monday that the previously announced strategic investment by Chinese firm Ganfeng Lithium has been completed, with all required approvals in. The deal has helped to boost Bacanora’s share price more than 50% this year and it rose to its highest level in a month following Monday’s announcement of the…



Canadian lithium-tech companies find traction amid rise of electric cars

30.09.2019


On Tuesday, Prime Minister Justin Trudeau travelled to Burnaby, British Columbia to announce his latest climate change initiative at the pilot plant of an upstart company that’s tinkering with lithium-ion battery technology. His choice of venue revealed much about the opportunities in Canada as a new supply chain takes shape around the growing electric vehicle…



Australian lithium recovery seen by mid-2020 as EV production revs up

19.09.2019


Strong demand from the electric-vehicle sector alongside supply cuts should help Australian lithium miners recover toward the middle of next year, earlier than expected, industry executives said on Wednesday. Australian producers of spodumene, a type of concentrated lithium ore that accounts for about half of global lithium supply, have suffered this year after a flood…



Argentina actively woos India for investment in lithium assets

18.09.2019


Offers duty-free import of capital goods, accelerated depreciation So keen is Argentina’s Ambassador Daniel Chuburu on India investing in his country’s lithium resources, that he spent the entire day at a conference on e-mobility, organised here by the Confederation of Indian Industry. Later, asked about his tarry, Chuburu told BusinessLinethat he had attended many similar…