Boasting Europe’s largest lithium resource, Vulcan Energy Resources has a central position close to the growing lithium-ion battery (LIB) and electric vehicle (EV) markets in Germany, plus the lowest carbon dioxide (CO2) intensity and water usage of all lithium projects globally.
Pilbara Minerals is set to receive $US110 million in financing, positioning it to capitalise on the growing demand for raw lithium materials.
Hastings Technology Metals has inked a master agreement with German automotive supplier Schaeffler Technologies AG for the supply of its mixed rare earth carbonate (MREC).
The BMW Group has signed a contract with Ganfeng Lithium to receive its supply for the battery-making ingredient from Australian mines.
Demand for lithium and cobalt is set to improve next year following a disappointing 2019, according to Fitch Solutions.
The Australian Government is prioritising the development of the nation’s position as a global supplier of rare earths and high performance metals.
AVZ Minerals has secured another Chinese backer for its Manono lithium and tin project in the Democratic Republic of Congo amid softening market conditions.
Australian Mines has extended its timeline for the Sconi project offtake agreement with Korean electric vehicle battery manufacturer SK Innovation due to project financing concerns.
Wesfarmers has executed its acquisition of Kidman Resources by completing a $776 million deal.
As the world creates modern renewable energy storage solutions, adopts more portable electronics and continues the conversion of fuelled vehicles to electric vehicles, the global demand for lithium-ion batteries will continue to surge.
Syrah Resources plans to take “immediate action” in response to the sudden decrease in graphite prices, which may plummet further later this year.
Pilbara Minerals plans to sell an 8.5 per cent stake in the company to China’s largest electric vehicle (EV) manufacturer despite a slowdown in lithium’s largest market.
Galaxy Resources has reported a shipment delay at its Mt Cattlin spodumene-tantalum operations in Western Australia, which was intended for departure during the second quarter of this year.
Pilbara Minerals has achieved record production at its Pilgangoora lithium-tantalum project in Western Australia during May with its stage one plant capacity reaching 85 per cent.
The rise of Australia’s battery metals sector over the last few years — particularly in Western Australia — is proving indicative of a wealth of potential that is yet to be fully tapped.
Rio Tinto has released details of encouraging intercepts at the Winu copper-gold project in the Paterson province, Western Australia.
Clean TeQ Holdings is appointing Macquarie Capital to search for a partner to work on the company’s Sunrise battery materials complex in New South Wales.
Nearly a third of participants involved in the current round of an ongoing state-backed commodity exploration scheme in Western Australia are focusing on battery metal discoveries.
BHP has released statistics suggesting that the global uptake of electric vehicles (EVs) could be larger than the company initially anticipated.
Independence Group (IGO) has advanced its pre-feasibility study on its downstream nickel-cobalt extraction process, which involves hydrometallurgy of nickel sulphide concentrate in lieu of conventional smelting and refining methods.