Frontier produces battery-quality lithium hydroxide in Ontario
Lithium salts were produced using a third-party’s process technology and material from its the PAK lithium project.
Lithium salts were produced using a third-party’s process technology and material from its the PAK lithium project.
Rock Tech Lithium is preparing a Nasdaq listing to broaden its investor base and help finance a $545 million battery metals plant in Germany.
The copper-producing nation, which holds the world’s largest known lithium reserves, will tender for five quotas of 80,000 tonnes each.
Zijin shares jumped as much as 8.8% in Hong Kong on Monday, and are up 17% this year.
Lithium has gotten so hot that even China’s gold miners want a slice of the market, sky high valuations and all.
The Chinese company also cited higher costs for raw materials such as lithium carbonate for the price increase.
The plant will be in the town of Guben, a roughly 90-minute drive from where Tesla is building its gigafactory.
In August, Chinese gold and copper miner Zijin said its plan on lithium and other new energy minerals were in a preliminary strategic planning stage.
Stellantis, Bill Gates' Breakthrough Energy Ventures and others have invested millions of dollars or signed supply agreements with so-called direct lithium extraction (DLE) start-ups.
Thacker Pass, in Humboldt County, Nevada, is considered to be the largest known lithium resource in the US.