Mineral Resources ends lithium deal with Ganfeng
Company withdrew lithium production forecast for the Mt Marion mine and expects Wodgina's to be at the lower end of its forecast.
Company withdrew lithium production forecast for the Mt Marion mine and expects Wodgina's to be at the lower end of its forecast.
Measured and Indicated resources have increased from 2.19 to 2.93 million tonnes of lithium carbonate equivalent.
The miner still sees a future in Zimbabwe and is on the lookout for opportunities to invest in other mining areas.
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.
Australian miner Atlantic Lithium expects to start production at Ghana’s first lithium mine in the second half of 2024.
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.
The government is expected to auction a newly found lithium blocks, with estimated reserves of 5.9 million tonnes, later this year.
The MoU comes as the EU and South America's Mercosur bloc push towards finalizing a trade deal.
The output quality was lower than battery-standard lithium carbonate, but is part of the Argentinean mine commissioning process.
The global lithium-ion battery market was valued at $52 billion in 2022 and is expected to reach $194 billion in 2030.
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