Tesla shareholders vote no on deep sea mining moratorium

Oversupply from China and a softening of aggressive EV adoption rates has dragged lithium prices down more than 80% in the last year.

Australian-listed Lake is developing Kachi in Argentina's mountainous Catamarca province with tech startup Lilac Solutions.

Mexican President López Obrador announced his government's intent to negotiate with the Chinese lithium miner following its arbitration case over a disputed concession.

The mine has been producing graphite for over 30 years and is the only operating graphite mine currently in North America.

The proposed site would produce 20,000 tonnes a year of graphite anode active material for lithium-ion batteries, according to a technical study.

The mineral rights for the land have been caught up in a legal dispute between Sigma CEO Ana Cabral and her ex-husband Calvyn Gardner, a former co-CEO.

Both licenses are expected to be reinstated within 48 hours.

The use of DLE technologies is a core part of SQM's long-awaited joint venture agreement with state-controlled Codelco.

Backed by Exxon's Imperial Oil, E3 said in its pre-feasibility study that its initial capital expenditure would amount to $2.47 billion.