Lithium mining shares off to the races
Lithium producers swept up in Tesla enthusiasm with Livent surging 17% and top producers SQM and Albemarle enjoying double digit gains.
Lithium producers swept up in Tesla enthusiasm with Livent surging 17% and top producers SQM and Albemarle enjoying double digit gains.
The company is accused of conducting work without the proper environmental permits.
A collapse in lithium prices has left Tianqi struggling to cover loans that used to expand overseas.
The Clayton Valley prospect is adjacent to active projects owned by Noram and Schlumberger.
Lithium miners are accepting lower prices and curtailing output.
Final investment decision on the Mt Holland lithium project has been delayed by a year.
Cost reduction would continue to be a major focus at Mt Cattlin in 2020.
The project is considered vital for the German auto industry's plans to develop electric batteries.
Several plans are under way to build lithium-ion battery factories in India.
The step comes as US politicians have been pushing for increased domestic mining of specialized minerals.