Huayou Cobalt chief proposes battery material policy to tackle overcapacity China's LFP capacity will reach 5.75 million metric tons in 2025, while global demand is estimated to be about 2.67 million tons that year. Reuters | March 4, 2024 | 6:46 am
AI, 5.5G networks to take mines to new “smart” level The sector has embarked on a quest to transform operations by integrating connectivity, automation and artificial intelligence. Cecilia Jamasmie | March 4, 2024 | 5:21 am
Lake Resources announces job cuts to further reduce costs This comes at a time when signs have shown that the lithium market has been stabilizing after falling around 70% over the past year. Reuters | March 3, 2024 | 2:12 pm
As batteries demand more cobalt, scientists figure out how to use less for blue pigments Scientists have discovered a new blue pigment that uses less cobalt but still maintains a brilliant shine. Staff Writer | March 3, 2024 | 2:10 am
Chile wants 3 or 4 new lithium projects running in 2026, finance minister says Chile initiated a policy last year to increase state control of the strategic metal needed in batteries for electric vehicles. Reuters | March 3, 2024 | 1:30 am
Newly created Critical Metals on track to construct EU’s first battery-grade lithium mine Wolfsberg is kicking off a two year construction phase, and has an agreement to supply BMW by 2027. Amanda Stutt | March 1, 2024 | 12:07 pm
Nickel may see deficit on Indonesia hurdles, Macquarie warns While the bank’s base case is for a surplus of less than 40,000 tons, that may be in jeopardy if Jakarta’s approvals are slow. Bloomberg News | March 1, 2024 | 9:23 am
Yellen praises Chile’s policies in visit to lithium-rich ally US Treasury Secretary will see government officials including Finance Minister Mario Marcel and central bank President Rosanna Costa. Bloomberg News | March 1, 2024 | 9:11 am
SQM expands into lithium glut in bet that buyers will return SQM, which is closely watched because it’s more exposed to spot prices than peers, sees stable prices in the short term and as is more positive after that. Bloomberg News | February 29, 2024 | 5:02 pm
