The subsidiary of Russia’s state nuclear company Rosatom may buy up to a 51% interest in Atacama lithium project, located in an area that hosts more than 15% of the world’s known reserves of the battery metal.

So far, public and private initiatives in Argentina, Bolivia, Brazil and Chile have failed to deliver even a single lithium cell factory.

The parties have agreed to extend the exclusivity period to the end of December.

Oversupply of lithium hydroxide to start easing next year, but spodumene miners won't catch a break soon, says Australia's chief economist.

The mining and metals sector is facing greater scrutiny from end consumers, demanding a transparent, ethical supply chain.