Only a tiny part of the Galinée property has been explored for lithium to date, according to Azimut.

The guidelines, following a proposal in May, will help firms scale back manufacturing projects that only expand production capacity.

Chile's financial regulator said the Codelco-SQM joint venture does not need to face a vote by SQM shareholders.

Tianqi, which holds about 22% of SQM shares, has repeatedly called for a vote by all shareholders.

The company also plans to discuss copper and lithium with the Saudi Arabia mining minister in Chile next month.

Italy estimates it can domestically source 16 of the 34 raw materials considered critical by the European Union.

New record marks the highest storage capacity ever installed in a first quarter in the US, representing an 84% increase from Q1 2023.

The 54 firms from 10 countries submitted statements of interest to develop 88 projects.