Ivanhoe Electric, SQM explore for Chile copper
Ivanhoe Electric (NYSE-A, TSX: IE) is teaming up with lithium miner Sociedad Química y Minera de Chile (NYSE: SQM) to explore for copper on parts of the Atacama Desert in…
SQM Inc.
Chile funds lithium, rare earth tech
Chile’s state-owned development agency Corfo has awarded up to $5.8 million to two research projects focused on direct lithium extraction (DLE) and rare earth recovery to boost mining innovation and…
Chile vote thrusts right-winger to runoff
A strong showing by pro-business candidates in Chilean elections yesterday bodes well for the resurgence of mining investment in the world’s largest copper producer. Although conservative hardliner José Antonio Kast…
Codelco warns Chile’s copper output may stall
Chile’s state-owned copper giant Codelco is warning that national production could stagnate at about 5.5 million tonnes per year as the industry faces mounting challenges. Chairman Máximo Pacheco said at…
Lithium price surge forecast to be short
Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which…
Chile election puts mining sector’s future on the line
On November 16, Chileans will head to the polls to elect their next president, who will govern until 2030 – and in doing so, set the course for the country’s…
CHART: The brutal economics of EV battery lithium
News this week that the world’s second-biggest lithium miner – SQM – has begun laying off 5% of its Chilean workforce would not come as a surprise to those following…
SQM cuts spending as lithium slump lingers
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, is scaling back spending this year amid a drawn out weakness in prices for the battery metal erodes margins. The miner,…
Arcadium Lithium investors sue it for negligence over US$6.7B Rio Tinto takeover
Arcadium Lithium (NYSE: ALTM; ASX: LTM) is facing legal challenges after shareholders filed lawsuits alleging misrepresentation and negligence linked to Rio Tinto’s (ASX, LON, NYSE: RIO) US$6.7-billion takeover. Philadelphia-based Arcadium…
Rio Tinto to invest $2.5B to expand Rincon lithium project in Argentina
Rincon is the company’s first commercial-scale lithium operation.
Rio Tinto adopts space tech for lithium exploration in Argentina
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has adopted space technology from Australia’s Fleet Space to boost its exploration efforts at its Rincon lithium project in Argentina. The world’s…
Li-FT secures mystery lithium investor
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF), which claims to have Canada’s third-largest maiden hard rock lithium resource, said this week that an unnamed investor is buying 9.99% of the company…