The company’s Asia-Pacific exploration team is searching for deposits along a vast mineral belt that stretches from Pakistan to Papua New Guinea.

Production is to begin in an $8 million first phase at a rate of 5,000 tonnes of concentrate per year from an open pit.

The explorer has land positions at sites including the Salar de Atacama.

Sinomine ’s chairman sees lithium carbonate prices dropping to about $57,443 a ton in 2023.

Agreement must now be ratified by members of the guild.

Using price data from TradingEconomics, this graphic visualizes how much of each metal you can buy for $1,000.

Global lithium production surpassed 100,000 tonnes for the first time in 2021.

The country’s behemoth iron ore miners ended the year on a high as China’s abrupt Covid Zero reversal and a steady stream of supportive policies raised the outlook for demand.