Exxon aims to make key lithium technology decision by year-end The company last fall announced its long-anticipated plan to filter lithium from the Smackover brine formation that flows under Arkansas. Reuters | February 15, 2024 | 2:07 pm
Albemarle says lithium prices are unsustainably low Lithium prices have dropped more than 80% in the past year. Bloomberg News | February 15, 2024 | 11:10 am
France offers loan to New Caledonia nickel firm Prony to avert collapse Prony Resources is one of three nickel processors in the French territory that face insolvency as high costs and political tensions have hit profitability. Reuters | February 15, 2024 | 9:50 am
BHP considers closing Western Australia nickel operations amid price decline Nickel prices fell 40% in the last year as Indonesian supply jumped. Cecilia Jamasmie | February 15, 2024 | 8:30 am
Stanford researchers figure out how to reduce Li-metal battery degradation Resting is important – particularly for lithium-metal batteries. Staff Writer | February 15, 2024 | 6:06 am
Canadian graphite miner NMG scores deals with GM, Panasonic Offtake agreements totalling $87.5 million will help NMG advance the second phase of its Quebec graphite complex. Cecilia Jamasmie | February 15, 2024 | 3:48 am
Africa moves a step closer to continent’s first cobalt refinery Nigeria-based Africa Finance Corp. last week signed an expression of interest to provide $100 million in financing to the facility. Bloomberg News | February 14, 2024 | 2:34 pm
BHP flags $5.7 billion impairments on Samarco dam failure, nickel operations Last month, a Brazil judge ruled that BHP, Vale and their joint venture Samarco must pay up to 47.6 $9.67 billion in damages. Reuters | February 14, 2024 | 2:23 pm
Despite weak lithium prices, Albemarle beats on cost cuts The company posted a fourth-quarter net loss of $617.7 million, or $5.26 per share. Reuters | February 14, 2024 | 1:18 pm