Demand will likely outstrip production over at least the next five years, Morningstar predicts.

J Capital alleges Vulcan's management team low-balled the costs, thus making the project look profitable, and overstated the quality of the resource.

Sigma Lithium is advancing among the largest hard-rock lithium deposits in the Americas at its Grota do Cirilo project, applying an environmental, social, and governance (ESG)-centric strategy.

The facility in Gwangyang is expected to cost up to $750 million.

The production would restart in the third quarter of 2022 initially.

Total resource estimate for the project now comes to 44.2 Mt at 1.08% Li2O, of which 64% is classified in the indicated category.

CATL is reluctant to build a factory in the country due to political tensions between Washington and Beijing as well as cost concerns.