**TerraVolta Resources Secures $225 Million for Lithium Project** The US Department of Energy has awarded a $225 million grant to TerraVolta Resources for its Liberty Owl project, which aims to extract lithium from formation water in hydrocarbon fields located in Texas and Arkansas. The project, with an estimated capital investment of over $1 billion, is...
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Lohum Cleantech, an India-based lithium-ion battery pack maker and recycler, has announced a partnership with U.S.-based ReElement Technologies and American Metals to establish a lithium-ion battery materials processing facility in the United States. The initial investment for the project is set at $30 million. The facility, located at the Marion Advanced Technology Center in Indiana,...
READ MOREGanfeng Lithium, one of China’s largest lithium producers, is set to deepen its investments in Africa, particularly in the mining sector, as part of its global expansion strategy, according to a recent interview with company executives by China Daily. The company is advancing key projects such as the Mboukoumassi potassic salt ore project in Africa...
READ MOREElectra Battery Materials announced the successful production of technical-grade lithium carbonate with over 99% purity from its black mass recycling project, a significant step in the company’s efforts to produce high-quality battery materials. This achievement further demonstrates Electra’s capability to process black mass into valuable products such as nickel-cobalt mixed hydroxide precipitate (MHP) and graphite....
READ MOREAnson Resources has announced that its U.S. subsidiary, A1 Lithium, has received a non-binding Letter of Interest (LoI) from the Export-Import Bank of the United States (US EXIM) for up to $330 million in debt funding. This funding, if finalized, will be used for the construction of a lithium production plant in Utah as part...
READ MOREEnerSys, a global leader in stored energy solutions, has been awarded $199 million in funding from the U.S. Department of Energy (DOE) to support the construction of a lithium-ion cell production facility in Greenville, South Carolina. The funding is part of the DOE’s $62 billion Bipartisan Infrastructure Law (BIL) Battery Materials Processing and Battery Manufacturing...
READ MORECentury Lithium announced successful production of battery-grade lithium carbonate at its Lithium Extraction Facility in Amargosa Valley, Nevada, part of the company’s Angel Island project. Assays from the second batch of lithium carbonate processed at the facility revealed a purity level of 99.5%, meeting battery-grade standards. CEO Bill Willoughby expressed satisfaction with the Pilot Plant...
READ MOREMetso has reported positive feedback from customers following the launch of its pCAM plant, designed for the production of precursor cathode active material (pCAM) used in lithium-ion batteries. Introduced in June 2024, the Planet Positive-certified solution has garnered interest from producers in North America, Australia, and Europe. Markus Koponen, Technology Manager for Precursors at Metso,...
READ MORETerraVolta Resources, a leading U.S. critical minerals exploration and production company, has been chosen by the U.S. Department of Energy (DOE) to receive a $225 million award to support the development of a lithium production facility in the Texarkana region, which spans Arkansas and Texas. The award is part of the DOE’s efforts, under the...
READ MORERussian companies are expressing growing interest in the potential for lithium extraction from underground water, according to the Russian Ministry of Natural Resources. The ministry confirmed to TASS that Rosnedra, the Russian Federal Agency for Subsoil Use, has already issued 15 licenses for prospecting, exploration, and extraction of lithium from industrial waters. The Ministry noted...
READ MOREStandard Lithium, a near-commercial lithium development company, and Equinor, a global energy leader, have announced that their joint U.S. subsidiary, SWA Lithium, has been selected for a potential $225 million grant from the U.S. Department of Energy (DOE). This award, part of the Infrastructure Investment and Jobs Act, is aimed at expanding domestic manufacturing of...
READ MOREThe U.S. Energy Department announced plans to allocate $3 billion in funding to 25 battery manufacturing projects across 14 states, as part of the Biden administration’s efforts to reduce reliance on China for critical minerals and battery production. These projects will enhance domestic capacity for producing advanced batteries and battery materials, following the introduction of...
READ MOREBMW is teaming up with Redwood Materials to recycle lithium-ion batteries from the German automaker’s electric vehicles across the United States. Redwood, which is constructing a $3.5 billion battery recycling facility in South Carolina, will receive end-of-life batteries from BMW’s U.S. network, including over 700 locations such as dealerships and distribution centers. These recycled batteries...
READ MORELifthium Energy, part of the José de Mello Group, has received €21 million in support from the Spanish government to construct a green lithium refinery in Torrelavega, located in the Cantabria region. The funding, announced by Minister for Industry and Tourism Jordi Hereu at the 1st Spanish-Chinese Automotive Summit in Madrid, is part of the...
READ MOREAt its 2024 Investor Day, Arcadium Lithium plc announced a comprehensive plan to double its sales volumes by 2028, targeting an estimated $1.3 billion in Adjusted EBITDA. This growth projection is supported by analyst consensus pricing forecasts and anticipated increases in lithium demand. The company expects a 25% increase in combined lithium carbonate and lithium...
READ MORESigma Lithium has shipped its 12th vessel of Quintuple Zero Green Lithium to Japan’s Mitsubishi, reinforcing its position as a leading global lithium producer. This marks Sigma’s second sale to Mitsubishi, further strengthening its commercial partnership. The company remains on track to meet its third-quarter production target of 60,000 tonnes of Quintuple Zero Green Lithium,...
READ MORECodelco and SQM have taken a step forward in their collaboration to produce lithium in the Salar de Atacama. The National Economic Prosecutor’s Office (FNE) in Chile has begun the process of reviewing the antitrust aspects of the Association Agreement between the two companies, which was signed on May 31, 2024. This investigation is a...
READ MOREThe Aurora joint venture project, formed in 2021 by Portuguese oil company Galp and Swedish battery manufacturer Northvolt, to build a lithium refinery in Setúbal, Portugal, may face a two-year delay, pushing its completion date to 2028. The original target was to begin production in 2026, with the refinery capable of producing 52,000 tons of...
READ MOREAnson Resources has received final approval from the State of Utah, Department of Natural Resources, Division of Water Rights, allowing its subsidiary, A1 Lithium, to begin brine extraction at the Green River lithium project. This approval marks a critical milestone for the company as it progresses toward large-scale lithium production in the United States. The...
READ MORESchlumberger has announced the successful large-scale demonstration of its sustainable lithium production process at its Clayton Valley plant in Nevada. The company’s innovative solution offers an end-to-end process, including advanced impurity treatment and concentration technologies, to produce high-purity lithium carbonate or hydroxide, which are essential for the growing electrification economy. SLB’s technology extracts lithium from...
READ MOREState-owned China Minmetals plans to create a 10 billion yuan ($1.41 billion) mining company in partnership with local firms in Qinghai, a lithium-rich province in northwestern China. The new entity, provisionally named China Salt Lake Industry Group, aims to develop a world-class production hub while bolstering national security around potassium and lithium resources. Lithium, crucial...
READ MOREGlobal Zinc Production Continues to Decline Global zinc ore production fell by 3.4% in the first half of 2024 due to reduced demand from metallurgical plants, particularly in China. Zinc orders from galvanized steel plants and hot-dip galvanizing operations have also decreased, according to data from the Lead and Zinc Study Group. China’s zinc concentrate...
READ MOREBolivia’s state-owned company Yacimientos de Litio Boliviano (YLB) has identified four potential partners to collaborate on large-scale lithium projects in the country. The companies vying for the opportunity include China’s CBC, Italy’s Protecno, France’s Eramet, and Australia’s Eau Lithium. These firms are currently engaged in negotiations with YLB, each offering unique proposals to tap into...
READ MOREEurope is gearing up to launch several lithium mines over the next few years, as the European Union seeks to diversify its lithium supply and reduce dependence on China. Lithium, a critical component for electric vehicle batteries, plays a pivotal role in the energy transition and the push towards reducing carbon emissions. According to Fastmarkets,...
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