Battery grade lithium prices in China surge 68%
"Three years of falling lithium prices failed to incentivise sufficient investment into supply chains, leading to greater risks of price volatility as battery demand ramps up."
"Three years of falling lithium prices failed to incentivise sufficient investment into supply chains, leading to greater risks of price volatility as battery demand ramps up."
Early results from metallurgical test work at Mina do Barroso show potential for lower capital and operating costs.
Company said lithium sales volumes in Q4 jumped 50% from the previous quarter, hitting a three-month record of more than 25,000 tonnes.
The company has completed the conversion of its Arkansas-produced lithium chloride into 99.985% pure lithium carbonate.
The lithium and borax miner said net loss after tax widened to $29.1 million for the half-year ended Dec. 31, from $18.9 million last year.
Sibanye intends to make the project the first vertically integrated lithium producer in Europe
Chile accuses Albemarle of allegedly underpaying royalties on its sales.
The company said new target areas are along the same lithium pegmatite trend as Ganfeng and International Lithium Corporation’s Avalonia project.
Company reported a more than 56% jump in half-year revenue and pointed to bullish market conditions for lithium as its loss narrowed from a year earlier.
Shares more than tripled after the mineral producer unveiled a $10.8 million deal for rights to a stake of as much as 64% stake in lithium battery recycling company Linico.