Chile’s lithium policy a boon to other producers
Joe Lowry, known in mining circles as “Mr. Lithium”, warns the lack of specifics in Chile’s policy likely to affect investment.
SQM Inc.
Chile’s state miner seeks US$1.5B from lithium partner
Chile’s National Mining Company (Enami) is looking for a private partner to contribute with a US$1.5 billion-investment and knowledge to develop its lithium assets. The state miner Enami will be…
Chile to nationalize its lithium industry
The long-awaited policy sets ups a public-private model in which the state will partner with miners through a dedicated national lithium company.
SQM earmarks US$3.4B in spending by 2025 as profits soar
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, said on Thursday it had earmarked US$3.4 billion of new capital spending by 2025 to boost its production capacity to 210,000 tonnes…
Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion at its Grota do Cirilo…
SQM expects high lithium prices to stay put
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, expects prices for the battery metal to stay high into 2023 on the back of soaring demand boosted by strong…
China’s Tianqi Lithium lists on Hong Kong stock market
Shenzhen-listed Tianqi Lithium has raised about HK$13.5 billion (US$1.71) billion in a secondary listing on the Hong Kong Stock Exchange, according to the Financial Times. The British daily newspaper reported…
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap for lithium, as demand for…
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…
SQM posts record output, builds inventories
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, achieved record second-quarter output levels and saw sales volumes soar on renewed optimism about long-term demand for the metal used to…
Tianqi Lithium to sell stake to raise cash
Tianqi Lithium, China’s top producer of the battery metal, says its controlling investor has put a sixth of its holding up for sale. The move, the Shenzhen-listed lithium miner said…
SQM reports lower profits on weak lithium price
Sociedad Quimica y Minera or SQM (NYSE: SQM), the world’s second-largest lithium producer, continues to suffer from sustained weak prices for the metal used in batteries that power electric vehicles…