Lithium giant’s landmark deal is big step to battery ‘dream’
Chile's development agency Corfo doesn't know whether the county we’ll ever make vehicles, but it would like to at least see battery parts produced locally.
Chile's development agency Corfo doesn't know whether the county we’ll ever make vehicles, but it would like to at least see battery parts produced locally.
While lithium spot prices moved only one way in 2018, cobalt experienced more of a rollercoaster ride.
"This partnership secures lithium supplies for us and breaks the Chinese monopoly" - Wolfgang Tiefensee economy minister of the German state of Thuringia, an automotive manufacturing hub.
Chinese producers such as Ganfeng and General Lithium have new plants that have been commissioning since Q3'18 and are starting to hit their stride.
The dispute centered around a contract term that requires Albemarle to provide as much as 25 percent of its annual production of lithium at a discount.
Historical resource at the company's Irgon Lithium Mine is estimated at 1.2 million tonnes grading 1.51% Li20.
Berkshire's geothermal business operates in California's Salton Sea using lithium-rich brine.
Canadian junior has agreed to buy Alaska Nevada Mining’s 100% interest in the Extinction Ridge vanadium project in Nevada, USA.
Warren Buffett's Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California.