The HLS tests resulted in spodumene concentrate grading more than 6% lithium oxide.

The number of the approximately 500 cobalt, copper, lithium and nickel mines operating today will need to increase by as much as 76%, it says.

Toyota claims solid-state battery has a 745 mile range, with 10 minute charging time.

The impact on energy commodities from the war in Ukraine has faded and prices are expected to be more in line with historical norms.

BYD in April was granted access to preferential prices for lithium carbonate in the country.

POSCO Group has been expanding into new businesses for diversification, including minerals used in electric vehicle batteries.

Mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027.

Argentina's first plant for lithium batteries will begin operations in September, using metal extracted locally by US company Livent Corp.