The 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,...
READ MOREPanasonic Energy and Mazda Motor Corporation have announced plans to collaborate on the supply of next-generation cylindrical lithium-ion batteries for electric vehicles, with production slated to begin in 2027. This partnership aims to expand Japan’s battery manufacturing base and support the country’s push towards electric vehicle (EV) adoption. The collaboration is part of Mazda’s strategic...
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Lithium prices, crucial for electric vehicle (EV) batteries, have seen a sharp decline of more than 20% so far in 2024, but analysts suggest the market may stabilize due to the demand-supply balance. As of Monday, lithium carbonate prices on the Guangzhou Futures Exchange (Gfex) closed at 75,200 yuan ($10,571.5) per tonne, down by 3,050...
READ MOREKodal Minerals has announced that it is on track to become the first company listed on the London Stock Exchange to produce lithium in West Africa. The company’s Bougouni Lithium Project in Mali is expected to begin production by the fourth quarter of 2024, marking a significant milestone for both the company and the region....
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