The investment makes CATL the third-largest shareholder of the company.

It begins with discovering and developing better performing, and more environmentally friendly cell chemistries.

Minister told Reuters last month that "there is a really good chance" that companies will want to invest in Indonesian nickel processing to cut costs.

The miner reported values as high as 1,840 parts per million lithium during phase-II 2020 of its recent 10-hole drill program in Nevada.

Tianqi Lithium sells 49% of Australian unit to IGO , Iron ore price goes parabolic after cyclone warning; Rio Tinto should pay for sacred caves blast...

Company has declared a maiden ore reserve of 16.6-million tonnes, grading 1.18% lithium oxide and 13.4% boron trioxide at its lithium/borate project in Serbia.

“The path to economic recovery will be long and slow,” says Intl FCStone metals analyst Natalie Scott-Gray.