Codelco’s lithium push fades in favor of copper
Codelco’s lithium projects, once thought a shoo-in to boost global supply and lower prices, have largely fallen off forecasts.
Codelco’s lithium projects, once thought a shoo-in to boost global supply and lower prices, have largely fallen off forecasts.
A hybrid solar power system will provide electricity to the company's project center while reducing CO2 emissions by 147 tonnes annually and the costs for fuel by $250,000 per year.
The 2,932-hectare project encompasses a full salar.
Last year, the Canadian developer arranged $1.1 billion financing for its Whabouchi lithium project.
The company foresees strong long-term demand for lithium but offered a short-term prognosis clouded by the entry of new projects into the market and slowing growth of demand.
The two-year MGX-UBC research program has an initial goal of creating a hybrid silicon-graphite anode that will not require industry retooling.
The company is close to making a decision on developing Mina do Barroso mine, which could become the first European supplier of spodumene, a lithium-bearing mineral.
Wetlands have been dried out, the environment has been damaged, for the salt flat and for local communities, it is already too late.
The world's largest lithium producer "sees nothing that could slow demand for the white metal used to make electric car batteries."
Orocobre's expected production bump in Argentina won't happen this year.