Beijing probes illegal mining activities in Chinese lithium hub
The probe comes amid a "shutdown and rectification" of lithium producers in Yichun, known by some as Asia's lithium capital.
The probe comes amid a "shutdown and rectification" of lithium producers in Yichun, known by some as Asia's lithium capital.
Lithium producers in Australia saw profits surge on the back of high prices last year.
Key moves in the mining sector.
Li-FT acquired the Yellowknife lithium project last year.
The mining company plans to start producing lithium in early 2024 at the Centenario deposit.
The Sirmac lithium project is located in the Eeyou Istchee, James Bay region, in the northwest region of the province of Quebec.
Lithium carbonate in China has tumbled almost 30% since touching a record in November.
Earlier this month its chief executive told press the developer had around 200,000 tonnes of spodumene to sell.
Studies suggest Mexico may have some 1.7 million tonnes of lithium.
Sigma’s biggest shareholder has been exploring a potential sale of the company and gauging interest from miners and carmakers, sources say.