Investors flock back to lithium as battery bust turns to boom
Investors are betting big on a lithium comeback less than three years after prices of the metal used in rechargeable batteries collapsed.
Investors are betting big on a lithium comeback less than three years after prices of the metal used in rechargeable batteries collapsed.
Earlier this year, Albemarle Corp said it would double production at its facility in Silver Peak, Nevada.
The UK's Sustainable Innovation Fund has awarded British Lithium £2.9 million ($4m) to move its full-scale lithium mining plans forward.
Despite a big drop from December’s blowout high, January 2021 still ranks as the fourth best month for the MINING.COM EV Metal Index thanks to rising cobalt, nickel and lithium prices.
Fitch expects nickel demand for EV battery manufacturing to average 29% annual growth rate until 2030.
Spearmint's recently completed 10-hole drill program in Nevada discovered lithium in every hole.
Benchmark says some Chinese lithium carbonate producers are putting up sold out signs as domestic prices surge to two-year highs.
Major Project Status is the government's recognition of the national significance of a project, either for economic growth or employment.
Piedmont's deal to supply spodumene from North Carolina to Tesla represents the start of the first domestic lithium supply chain, CEO says.
The South American nation has been losing market share as new frontiers open up ahead of an expected tripling of demand for lithium.
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