Production at its Bou Azzer mine in the Atlas mountains has been reduced "to preserve resources," amid low prices.

Australia, Chile, and China—accounted for 88% of lithium production last year.

The Pentagon will explore the feasibility of refining ocean-floor minerals in the U.S., reports the Wall Street Journal.

Kuvimba has identified a lithium ore resource of 38 million tons at Sandawana, the site of a mothballed emerald mine formerly run by Rio Tinto.

The metal has slumped to five-year lows amid booming production in the DRC and Indonesia.

Data from Benchmark Mineral Intelligence suggests that global prices have fallen by more than 80%, dragged by weaker demand for EVs.

Until now, Indonesia has not produced a significant amount of the metal in high-purity form traded on the LME.