Battery boom pulls trading giant Trafigura into lithium business
The agreement to back the plant being developed by startup Green Lithium brings the world’s top independent commodities trader into a market struggling to create new supply.
Lithium sector needs $42 billion as pivot from China adds costs
The sector will require $7 billion of investment each year from now until 2028, Benchmark Mineral Intelligence said in a report.
Covid-19 outbreak hobbles Chinese demand for cobalt, nickel, lithium
Parts of the new-energy sector concentrated in the Yangtze Delta and southeastern China had been affected severely.
Chinese miners and battery makers team up in rush for lithium
“Much of the new developments involve smaller players in China looking to secure resource supply overseas," BloombergNEF analyst says.
Argentina expects $4.2bn investment in its lithium sector
The figure will help the country produce 175,000 tonnes of lithium in 2025, more than a tri-fold increase from the 50,000 tonnes expected this year.
BHP vows to stay out of lithium rush with shortages set to fade
The world’s biggest mining company has no plans to join the lithium rush.
Rio Tinto keen for talks to revive Jadar lithium project in Serbia
Serbia blocked mine after mass environmental protests.
Good times are ahead for lithium miners as prices continue to surge
The popularity of electric vehicles has driven prices for battery metals sharply higher, even sparking fears of shortages of materials like lithium, cobalt and nickel.
Albemarle raises annual outlook on surging lithium prices
Quarterly profit more than doubled.
Livent beats profit estimates, raises forecast on higher lithium demand
Livent posted a net profit of $53.2 million for the first quarter, compared with a loss of $800,000 a year earlier.
