Aussie billionaire paves way to block Albemarle’s Liontown bid with stake raise

The deal will likely be similar to an agreement the US signed with Japan this week.

Zimbabwe holds some of the world's biggest hard-rock lithium deposits and has recently attracted about $700 million in investment.

ERS charge moving vehicles with either loops in or next to the road, or with wires suspended above vehicles, similar to trams and trains.

The investment in the Pilgan plant will help increase spodumene concentrate production by 47% to 1 million dry metric tonnes per annum.

MINING.COM’s EV Metal Index surged to just under $27 billion in 2022 thanks to surging lithium and nickel prices, but January saw a 50% month-on-month drop.

Clayton Valley holdings adjoin and surround on three sides the Silver Peak lithium brine mine operated by Albemarle.

Samples from the Smackover Formation all returned grades exceeding the average reported lithium analyses from other North American brine projects.

EVs that use materials that have been collected or processed in Japan will be eligible for incentives under the IRA.

Ford confirmed last month that it will tap technology from CATL for a $3.5 billion plant it’s building in Michigan.