MinRes, Ganfeng pump cash into lithium JV
Australia’s Mineral Resources (ASX: MIN) is expected to inject A$150 million (US$98 million) into its troubled Mount Marion lithium operation as it battles a prolonged slump the battery metal’s prices….
Mineral Resources
MinRes board rocked as investigating directors resign
Shares in Australia’s Mineral Resources (ASX: MIN) dropped 9% on Wednesday after two board members, who also sat on the corporate governance committee set up to investigate the company’s founder,…
Liontown kicks off production at Australia’s first underground lithium mine
Liontown Resources (ASX: LTR) has kicked off production at Australia’s first underground lithium mine at Kathleen Valley, nearly a year after starting production from its two open pits, though price…
Lithium market could see modest recovery in 2025: Adamas Intelligence
After years of torrid growth, 2024 was a lacklustre year for the global electric vehicle industry and, consequently, for global lithium demand. While the EV market in Asia Pacific performed…
Mineral Resources halts Bald Hill mine in Australia amid lithium price rout
Mineral Resources (ASX: MIN), which is rallying from a governance probe involving its founder and former CEO Chris Ellison, will shut its Bald Hill lithium mine in Western Australia immediately due…
Mineral Resources tightens belt after lithium, iron ore prices fall
Australia’s Mineral Resources (ASX: MIN) is slashing costs to ride out the weak lithium price but founder and chief executive Chris Ellison said the company wasn’t panicking. The iron ore…
Ganfeng Lithium cuts spending as consumers ease off the pedal for EVs
China’s Ganfeng Lithium, one of the world’s largest producers of the battery metal, says it will delay spending on projects that don’t generate “significant near-term returns” after reporting a first-half loss…
Mineral Resources to shut Yilgarn iron ore hub
Australia’s Mineral Resources (ASX: MIN) will shut down its Yilgarn iron ore hub in Western Australia by the end of the year in a move that will affect about 1,000…
Mineral Resources boosts stake in lithium miner Azure Minerals
The battle to control Australia’s Azure Minerals (ASX: AZS) seems far from over as Mineral Resources (ASX: MIN) bought additional shares on Tuesday in the lithium and battery metals junior,…
Mineral Resources ups stake in Azure as Australia lithium consolidation heats up
Australia’s Mineral Resources (ASX: MIN) has acquired additional shares in Azure Minerals (ASX: AZS), raising its stake in the battery metals project developer to 12.3%. This comes a week after Australia’s richest…
MinRes backs out of Chinese investment deal with Albemarle
Australia’s Mineral Resources (ASX: MIN) has pulled the plug on a billion-dollar deal that would have seen it acquire a stake in downstream assets in China owned by lithium giant…
Mineral Resources ends lithium deal with Ganfeng
As a result, the Australian lithium miner has withdrawn its production forecast for Mt Marion mine.