Battery maker to buy over 100,000 tons of lithium carbonate and lithium hydroxide from SQM.

Chile’s strategy has been well received by some private players including the two incumbents SQM and Albemarle.

While precious metals-focused juniors are working to revive Nevada’s tired Tonopah Silver District, lithium discoveries to the north, west and south of the desert town’s doorstep could again kick the boom-bust local economy into high gear.

The Latin American nation has a total of 161 mining projects underway.

The reopening of the South Crofty tin mine in Cornwall is part of a wave of mining activity across England’s southwestern tip.

Proceeds will be used to fund the development of the Wolfsberg lithium project in Austria.

The Arcadia plant took nine months to construct and started exporting concentrates in April.