Lithium

  • UK Export Finance Supports Overseas Projects to Secure Critical Minerals for UK Industries

    BY Lars Jensen
    UK Export Finance (UKEF) will now provide financial support for overseas projects that supply critical minerals essential to major UK industries, as announced by the Chancellor. This move aims to help British industries access a stable and long-term supply of these crucial resources, including minerals like lithium, graphite, and cobalt, which are vital to sectors...
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  • Stardust Power Teams Up with MUFG to Develop Major US Lithium Refinery

    BY John Davis
    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...
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  • UK Export Finance Expands Support for Critical Mineral Projects Overseas

    BY John Davis
    UK 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...
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  • Li-Cycle and Glencore Finalize Off-Take Agreement for Rochester Hub Production

    BY Lara Browne
    Li-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...
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  • European Energy Metals  Rebrands as Grit Metals

    BY Lara Browne
    European 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,...
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  • Bravura to Build Large-Scale Lithium Processing Plant in Germany by 2027

    BY Lars Jensen
    Leading 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...
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  • U.S. Department of Energy Backs Lithium Processing Project with $2.26 Billion Loan

    BY Sophia Schmitz
    The 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...
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  • Gotion to Invest $275 Million in Battery Plant in Vietnam’s Ha Tinh Province

    BY Sophia Schmitz
    Chinese 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...
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  • Authorities Address Citizens’ Concerns Over Planned Lithium Mining in Liebenau

    BY John Davis
    In 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...
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  • SWA Lithium and Koch Sign License Agreement for Lithium Extraction Technology

    BY Lara Browne
    SWA 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...
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