Sigma joining lithium top tier after doubling Brazil project capacity
Sigma Lithium's expansion plans for its Grota do Cirilo spodumene project would rank it global no. 6 once in production in under 3 years.
Sigma Lithium's expansion plans for its Grota do Cirilo spodumene project would rank it global no. 6 once in production in under 3 years.
The Canadian company said having purchased a 2% NSR royalty is aimed at maximizing shareholder value.
The ten-year outlook will see lithium’s supply and demand fundamentals evolve rapidly.
“Caucharí-Olaroz is on track to become the largest new lithium brine operation in over 20 years,” Lithium Americas chairman says.
The company will test a proprietary process that seeks to overcome certain risks linked to conventional lithium chemical processing.
Lithium prices have experienced a significant rally this year as post-covid demand for lithium chemicals recovered alongside the automotive industry.
The Chinese lithium giant has inked an initial deal to explore setting up a plant in Argentina's northwestern Jujuy province.
Key moves in the mining sector.
Country has taken longer than expected implementing a new law that grants municipalities more say in mining projects.
The European Union last year added lithium to its critical raw materials list as essential for a shift towards electric vehicles and energy storage.