LG Energy inks cobalt, lithium supply deals with three Canadian miners
Electra, Avalon and Snowlake will supply LG with 7,000 tonnes of cobalt sulfate, 55,000 tonnes of lithium hydroxide and 200,000 tonnes of lithium hydroxide respectively.
Electra, Avalon and Snowlake will supply LG with 7,000 tonnes of cobalt sulfate, 55,000 tonnes of lithium hydroxide and 200,000 tonnes of lithium hydroxide respectively.
Mexico hopes its reserves of the key battery component will help it benefit from a global shift toward electric vehicle production.
Move creates a partnership between the companies to pursue a circular battery ecosystem using Lithion's technology.
Portugal is Europe's biggest lithium producer but its miners sell almost exclusively to the ceramics industry.
Company has had several “useful and productive” meetings with the country's regulator and it's ready to rework certain aspects.
Pilbara Minerals said a buyer will pay the equivalent of $7,708 a tonne for spodumene concentrate delivered to China.
SQM forecasts a “very tight market” for lithium in the years ahead.
Lithium carbonate hit a fresh record of 500,500 yuan ($71,315) a tonne in China.
Key moves in the mining sector.
Glencore does not own lithium mines, but has invested heavily in the business of recycling the battery metal this year.