Stardust Power, an American company focused on developing battery-grade lithium products, has announced its collaboration with MUFG Bank to support the development of a major lithium refining facility in Muskogee, Oklahoma. The facility is set to become one of the largest of its kind in the United States, aiming to produce up to 25,000 metric...
READ MOREUK Export Finance (UKEF) will now provide financial backing for overseas projects that source critical minerals essential to major UK industries, such as automotive, defence, and aerospace. This move aims to secure long-term access to materials like lithium, graphite, and cobalt, which are increasingly vital for emerging technologies, renewable energy, and the transition to net...
READ MORELi-Cycle Holdings has strengthened its partnership with global commodities giant Glencore by finalizing a commercial agreement for the off-take of mixed hydroxide precipitate (MHP) produced at the Rochester Hub. This strategic deal ensures that Glencore will take 100% of the MHP output from the Rochester facility, which includes valuable metals like nickel and cobalt. The...
READ MOREEuropean Energy Metals Corp. has officially changed its name to Grit Metals Corp. following a resolution approved by the board of directors on October 18, 2024. The name change took effect on October 30, 2024, and the company’s common shares will commence trading under the new name at the market opening on November 4, 2024,...
READ MORELeading African mining group Bravura, a sister company to AITEO, Africa’s largest indigenous oil and gas producer, has announced plans to establish a large-scale lithium processing plant in Germany by 2027. The plant will produce lithium hydroxide, a key component in electric vehicle (EV) batteries, through a unique African-German supply chain. The final location for...
READ MOREThe U.S. Department of Energy (DOE) has closed a $2.26 billion loan to Lithium Americas Corp’s subsidiary, Lithium Nevada Corp, to support the construction of lithium processing facilities at Thacker Pass in Humboldt County, Nevada. The loan, part of the Biden-Harris Administration’s Investing in America initiative, aims to finance the project located adjacent to the...
READ MOREChinese battery manufacturer Gotion has announced plans to invest in a lithium battery project in Vietnam’s Vung Ang Economic Zone, located in Ha Tinh Province. Representatives from Gotion met with the Ha Tinh Economic Zone Management Authority in late October to discuss the development of this energy storage facility, which aims to optimize renewable energy...
READ MOREIn Liebenau, representatives from the State Directorate, the Saxon Mining Authority, and Zinnwald Lithium GmbH (ZL) recently addressed questions from local citizens about the planned lithium mining in the region. Liebenau is one of two possible locations for the planned processing plant of Zinnwald Lithium GmbH, with the other being Bärenstein. ZL is currently working...
READ MORESWA Lithium, the joint venture between Standard Lithium and Equinor, has entered a license agreement with Koch Technology Solutions (KTS) for the use of its Li-Pro™ Lithium Selective Sorption (Li-Pro LSS) technology at the South West Arkansas (SWA) Project. This technology will be deployed at the commercial plant for the first phase of the SWA...
READ MOREThe United States has approved the construction of a significant new lithium mine in Nevada and extended tax incentives to mining companies as part of a broader strategy to break China’s grip on critical mineral supply chains. Australian producer Ioneer announced on Thursday that it received federal permission for its Rhyolite Ridge lithium-boron mine, a...
READ MORERwanda has signed a new mineral exploration deal with Rio Tinto Mining and Exploration (RTX) Ltd, following the discovery of significant mineral potential in the country. The partnership aims to continue exploring Rwanda’s lithium reserves, expanding upon previous efforts in collaboration with local and international partners. The new agreement, approved during a recent cabinet meeting,...
READ MORECornish Lithium officially launched its hard-rock lithium demonstration plant at Trelavour Pit near Treviscoe on Friday, October 18. The ceremonial opening, led by Lord Falmouth, was attended by dignitaries and members of the local business community, marking a significant milestone in Cornwall’s bid to become a key player in lithium production. The demonstration plant, under...
READ MOREVolt Lithium has announced the successful production of battery-grade lithium carbonate from its field operations in the Permian Basin, West Texas. The development marks a major achievement for Volt as it positions itself as one of North America’s pioneering producers of lithium from oilfield brine. “Successfully producing battery-grade lithium carbonate from the Permian is another...
READ MORECornish Lithium, a Westcountry mineral exploration company, has unveiled its lithium hydroxide demonstration plant at the Trelavour Hard Rock Project in St Dennis, Cornwall. The facility, the first of its kind in the UK, aims to produce battery-grade lithium hydroxide, which is essential for electric vehicles (EVs), grid-scale electricity storage, and rechargeable electronics. The launch...
READ MORECanada’s Lithium Americas announced that General Motors (GM) will increase its planned investment in the Thacker Pass lithium project in Nevada by nearly 90%, to $625 million, giving the automaker an ownership stake in the mine that produces lithium—a critical component for electric vehicle (EV) batteries. The expanded investment follows a $2.26 billion preliminary commitment...
READ MOREResearchers at the Skolkovo Institute of Science and Technology (Skoltech) have developed and patented a high-capacity cathode material for lithium-ion batteries, featuring enhanced stability and an efficient production method. The material, based on layered transition metal oxides with increased nickel content, is expected to extend battery life by about 10% compared to commercially available alternatives....
READ MOREResearchers have developed a solar-powered device capable of extracting lithium from brines while reducing greenhouse gas emissions, offering a potential alternative for more sustainable lithium production—an essential resource for rechargeable batteries. The floating device, created by a team led by Baoxia Mi from the University of California, Berkeley, and Jia Zhu from Nanjing University, takes...
READ MOREAmerican Resources Corporation’s subsidiary, ReElement Technologies, has signed a Memorandum of Understanding (MOU) with IRIS Metals Limited to produce battery-grade lithium carbonate in the United States. ReElement will apply its proprietary technology to convert spodumene concentrate (SC6) from IRIS Metals’ Beecher Lithium Project in South Dakota. This collaboration will transform IRIS Metals from an exploration...
READ MOREAmerican Resources Corporation’s subsidiary, ReElement, is expanding its production capabilities to produce rare earth oxides on a daily basis at its Noblesville Customer Qualification Plant, in addition to its ongoing lithium carbonate production. This expansion coincides with the company’s build-out phase of its large-scale Advanced Technology Center in Marion, Indiana. ReElement will produce both light...
READ MORERio Tinto and Arcadium Lithium plc have announced a definitive agreement in which Rio Tinto will acquire Arcadium in an all-cash transaction valued at $5.85 per share. The deal values Arcadium’s share capital at approximately $6.7 billion. Arcadium is a vertically integrated producer of lithium chemicals, with an annual production capacity of 75,000 tonnes of...
READ MOREThe Public Investment Corporation (PIC), Africa’s largest asset manager, has increased its stake in Sibanye-Stillwater, now holding over 15% of the diversified mining company. This move signals confidence in Sibanye-Stillwater’s long-term growth, particularly in light of its promising lithium project in Finland, which has recently received financial backing through a R10 billion green loan package....
READ MOREBoston-based Pure Lithium Corporation, a vertically integrated lithium metal battery technology company, has announced the acquisition of Dimien, a private U.S. company specializing in vanadium cathode materials. The acquisition includes all of Dimien’s intellectual property, manufacturing equipment, and its experienced team. This move is expected to expedite the development of Pure Lithium’s lithium metal vanadium...
READ MOREPremier African Minerals Limited is considering various strategic options for its Zulu lithium plant, located at the Fort Rixon lithium mine in Zimbabwe’s Matabeleland South Province. These options include a potential full or partial sale, or bringing in an investment partner through a joint venture. The company reported an operating loss of $12.03 million for...
READ MORERio Tinto has expressed interest in acquiring Arcadium Lithium, positioning itself to become one of the largest lithium producers globally. The announcement comes at a time when global lithium prices have seen a sharp decline, largely due to economic challenges in China and a decrease in demand for electric vehicles (EVs). In a statement issued...
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