Prices for the batteries rose in 2022 for the first time since BloombergNEF started tracking them.

Rising supplies and China removing subsidies for electric vehicles mean a retreat is on the cards.

Japan’s two biggest steelmakers are already spending a combined $1.3 billion to lift output of so-called electrical steel used in EV motors, and are now looking to raise that further.

With the addition of a second production well at the project, total indicated resources are 1.3 million tonnes of LCE at a grade of 284 mg/L.

Company had entered into an alliance with Navajo Nation to develop its flagship Big Sandy lithium project in Arizona.

Tenke Fungurume Mining suspended copper and cobalt exports in July, when a dispute between Congo and CMOC escalated.