Glencore and Li-Cycle planned to develop a recycling hub in Portovesme by repurposing Glencore's existing production sites on the island.

The governors of the country's lithium-producing provinces are drawing up plans for lithium miners to make a "special contribution" so state coffers can benefit from extraordinary profits.

In Friday's public statement, Sigma reiterated its previous position that the injunction would not hurt its expansion.

Over the past three years, Quebec has attracted investments from auto and battery makers such as General Motors, POSCO and Ford Motors.

Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure.

Company says an updated resource estimate at its Basin project in Arizona has increased its grade by 30% and earned it a $2.5 million royalty payment.

The Biden administration and Lithium Americas Corp. are negotiating the terms of an agreement that would fund more than half of the cost of the Thacker Pass mine.

The net profit was underpinned by its sale of first lithium products in the second half of the year.