Tianqi Lithium sells 49% of Australian unit to IGO in $1.4bn deal
Move gives IGO access to the Greenbushes, the world’s biggest hard-rock lithium mine.
Move gives IGO access to the Greenbushes, the world’s biggest hard-rock lithium mine.
Australian nickel-gold miner IGO could buy up to a 25% stake, worth close to $1.5 billion, in the world’s biggest hard-rock lithium mine.
The Nevada project is host to the largest known lithium resource in the US.
The Vancouver-based company completed the start-to-finish proof of concept of its lithium processing technology.
New research report has a warning for electric carmakers about the direction of battery prices without incentives to build new mines.
Altura entered receivership in October following prolonged weakness in the raw battery materials market.
Company signed a letter with a syndicate of banks to extend by a month the maturity date on $1.884 billion of loans that were due for repayment at the end of November.
The battery giant has partnered with RCS Global Group to promote responsible supply chains.
Mina do Barroso is expected to become Europe’s first significant producer of spodumene, a hard-rock form of lithium.
Capital raised will be used to advance the first stage of development of the company’s Sal de Vida lithium brine project.
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