A glass half full or a glass half empty for lithium producers
Metal bulletin reasearch’s forecast is for the lithium market to shift into a supply surplus this year and as such we have expected prices to fall.
Metal bulletin reasearch’s forecast is for the lithium market to shift into a supply surplus this year and as such we have expected prices to fall.
The Goulamina mine is one of the world’s largest undeveloped high-grade lithium deposits and will represent 15% of the current global lithium supply.
Ganfeng Lithium Co Ltd has filed for a Hong Kong stock market flotation, betting on a rise in demand for lithium as electric cars become more mainstream.
As global demand for lithium hits overdrive, Albemarle Corp is investing millions of dollars to engineer specialized types of the light metal for electric car batteries, part of a strategy to remain the niche market's top producer.
In Chile, threats of a government crackdown on over-usage of water often ring hollow. Mines need water, and the country´s copper-driven economy needs mines.
Over the next few years, the lithium sector in Western Australia will benefit from project expenditure of several billion dollars.
The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.
But the world's second largest producer said they will remain higher than the average reached last year.
Chile is preparing major new restrictions on the extraction of water from the lithium-rich Salar de Atacama salt flats, home to top lithium miners Albemarle and SQM.
Nemaska Lithium has entered into a 5 year supply agreement in which it supplies battery grade lithium hydroxide to Northvolt.