CEZ, European Metals in conditional agreement over lithium project stake
EMH controls the exploration licences to the Cinovec lithium/tin project, which it says is the largest lithium deposit in Europe.
EMH controls the exploration licences to the Cinovec lithium/tin project, which it says is the largest lithium deposit in Europe.
Since its 2017 installation, the battery has helped blaze a trail for other plants around the world.
As the price of lithium continues its slide and with no firm financing commitment, Nemaska has shut down operations temporarily.
Discussions with top investor Pallinghurst to finance Whabouchi project in Quebec continue.
The last Peronist president, Cristina Kirchner, imposed strict standards for several industries, including lithium.
Eramet earlier predicted the FID would be made at the earliest in the fourth quarter of this year, but the decision has been slightly delayed due to the change in Argentina's government.
Europe's only bright spot as average lithium used in EVs sold around the world grows anaemic 4% to 12.2kg.
Global supply currently exceeds demand by about 5, according to Canaccord data.
The company late Tuesday cut its full-year revenue and earnings forecast.
Different from most of the world’s lithium which is produced from hard rock mines in Australia or from brines in South America, the lithium at Sonora is mined from clay.