Lithium price surge unlikely to return: Fitch
The lithium market has entered a “new normal” period of stability with sustained price surges a thing of the past, analysts at FitchSolutions BMI said in a webcast Thursday. Falling…
Pilbara Minerals
Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
Pilbara seals another Chinese offtake deal
Australian lithium producer Pilbara Minerals (ASX: PLS) has clinched a deal with Chinese company Sichuan Yahua Industrial Group for spodumene concentrate, essential for making lithium batteries. Under the agreement, Pilbara…
Pilbara Minerals upgrades offtake deal with Chengxin Lithium
Australian lithium producer Pilbara Minerals (ASX: PLS) has amended a spodumene-concentrate supply deal with lithium chemicals producer Chengxin Lithium Group, raising agreed sales volumes and extending the contract duration. Under the…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…
A roadmap for green metals after a brutal 2023
Last year was a bloodbath for mining stocks tied to the green energy transition. But with markets rallying in the early part of 2024, ‘green miners’ continue to lag. Unfortunately,…
Pilbara Minerals expands offtake deal with Ganfeng
Australian lithium producer Pilbara Minerals (ASX: PLS) has increased its sales contract with Ganfeng over the next three years and has the option to further boost the spodumene concentrate tonnage…
Patriot Battery posts first Corvette lithium resource, shares dip
Patriot Battery Metals (TSXV: PMET; ASX: PMT) has delivered the long-awaited maiden resource estimate for the CV5 pegmatite at the Corvette lithium project in James Bay, Que., saying that results…
BofA turns bearish on lithium
New lithium supplies coming to market from at least six new projects in the next six months will exacerbate the price pressures the battery-making ingredient has been grappling with the…
RANKED: World’s top 10 biggest lithium mines
Lithium is a crucial component in the batteries that power the electric vehicles the world needs to accelerate the green energy transition. While lithium prices were white hot late last…
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…
Pilbara Minerals lifts Pilgangoora lithium resource
Australian lithium producer Pilbara Minerals (ASX: PLS) has announced a 39% increase in the mineral resource at its flagship 100%-owned Pilgangoora lithium-tantalum project in Western Australia’s Pilbara region to 308.9…