Pilbara reveals plan to buy Altura for US$175M
Australian lithium producer Pilbara Minerals (ASX: PLS) has signed a conditional agreement with a group of lenders to buy embattled rival Altura Mining for US$175 million. The West Perth-based miner…
lithium
Energy metals require significant investment: Wood Mackenzie
An investment of at least US$1 trillion will be needed in key energy transition metals over the next 15 years “to meet the growing demands of decarbonization,” reports consultants Wood…
SQM aims to cut water, brine use by 50%
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, will voluntarily cut its use of fresh water and brine from the Atacama desert to mitigate the overall impact of its operations…
Lithium demand expected to double by 2024
Global demand for lithium is expected to rise from an estimated 47,300 tonnes in 2020 to 117,400 tonnes in 2024, according to a GlobalData report. Vinneth Bajaj, a senior mining…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
Commentary: Lithium industry has been ‘musked’ by Battery Day
Tesla recharges the global battery industry but simplistic presentation causes chaos Battery-metal explorers and producers ought to coin a new (transitive) verb; “to Musk” is to confuse a science that…
Piedmont Lithium soars after Tesla deal
Australian junior Piedmont Lithium (ASX: PLL) has confirmed it has signed a sales agreement with Tesla to supply the electric car maker with high-purity lithium ore for up to ten…
Commentary: Mines are the biggest holes in Tesla’s $25,000 car plans
During Tuesday’s much-hyped battery day, Tesla CEO Elon Musk laid out plans to put everyone behind the wheel (or is that sleeping in the back?) of a $25,000 car that…
Tesla to eliminate cobalt from electric vehicles
At Tesla’s live-streamed Battery Technology Day this week, chief executive Elon Musk outlined the company’s plans to build a US$25,000 electric vehicle (EV) with a cheaper, more powerful battery that…
E3 Metals discovers lithium enriched aquifer in south-central Alberta
Calgary-based lithium developer E3 Metals (TSXV: ETMC; US-OTC: EEMMF) announced the discovery of a new lithium enriched aquifer in south-central Alberta. The lithium enrichment was discovered in the Nisku aquifer, and…
EU adds lithium to critical raw materials list
The European Union has added lithium, used in batteries that power electric vehicles (EVs), to a list of critical materials as part of a strategy to reduce its reliance on…
Lithium Americas completes JV restructuring
Lithium Americas (TSX, NYSE: LAC) has completed its previously arranged transaction with partner Ganfeng Lithium on the ownership structure on the Caucharí-Olaroz lithium project under development in Jujuy, Argentina. As…