Avalon stock surges on C$63 million investment, joint venture with Sibelco Avalon plans to use the proceeds to first acquire industrial land for a lithium-hydroxide processing facility in Thunder Bay, Ontario. Staff Writer | June 15, 2023 | 2:02 pm
Battery storage installations to increase ten-fold by 2030 — report New battery storage capacity to surpass 400 GWh per year by 2030. MINING.COM Staff Writer | June 15, 2023 | 10:57 am
Impala Platinum’s Zimbabwe unit eyes expansion into lithium The miner still sees a future in Zimbabwe and is on the lookout for opportunities to invest in other mining areas. Bloomberg News | June 15, 2023 | 7:32 am
In China’s lithium hub, mining boom comes at a cost The city of Yichun is ground zero in the country's push to cut its reliance on imports of the metal for its battery industry. Reuters | June 15, 2023 | 7:22 am
Michigan awards key environmental permit for graphite processing plant While there is a need for 200,000 tonnes of graphite to meet demand, the current US supply capability is zero. Amanda Stutt | June 14, 2023 | 2:50 pm
Ghana plans to process its first lithium locally Australian miner Atlantic Lithium expects to start production at Ghana’s first lithium mine in the second half of 2024. Bloomberg News | June 14, 2023 | 8:40 am
Codelco CEO leaves as copper giant faces lithium role, output slump Codelco’s production has dropped more than 11% to a 25-year low in 2023, despite investing about $3.5bn a year to revamp its aging mines. Cecilia Jamasmie | June 14, 2023 | 8:23 am
Australia’s ANZ looks to expand lending to critical minerals sector ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminum, copper, and nickel. Reuters | June 14, 2023 | 8:15 am
India considers lithium mining royalty at 3% of LME price The government is expected to auction a newly found lithium blocks, with estimated reserves of 5.9 million tonnes, later this year. Reuters | June 14, 2023 | 8:09 am