Lithium prices surge on EV demand from China
Global EV sales were on track to hit 6.3 million units in 2021—nearly double the total of 2020.
Global EV sales were on track to hit 6.3 million units in 2021—nearly double the total of 2020.
The opposition Conservatives said the Liberal government should have blocked Zijin Mining from buying Neo Lithium.
Chinese lithium carbonate prices have been on a tear, jumping by almost a third this year after surging more than 400% in 2021.
Scientists believe the devices have the potential to be the ultimate rechargeable batteries, with theoretical energy densities several times that of currently available lithium-ion batteries.
It has signed a letter of intent with Koch Minerals & Trading for the purchase of lithium chemical offtake and the procurement of key raw materials.
Most ambitious European automaker and Warren Buffet-backed Chinese EV and battery manufacturer unlapped themselves in 2021, at best.
Rio is reviewing the legal basis for the decision and could sue Serbia as it tries to salvage the $2.4 billion project.
Chinese lithium carbonate prices rose to a fresh record on Monday, as data showed a 35% month-on-month jump in electric-vehicle registrations in December.
The Chinese miner has launched its first lithium exploration project in a joint venture with DRC-owned firm Cominiere.
Chinese lithium hydroxide prices experienced a double-digit percentage growth for two weeks in a row amid tight supply and strength from China’s lithium carbonate market.