Lithium becomes Chile’s No. 4 mining export
Shipments of the key ingredient for making batteries that power electric cars and high tech devices climbed 47% in 2017 to $684.2 million.
Shipments of the key ingredient for making batteries that power electric cars and high tech devices climbed 47% in 2017 to $684.2 million.
MGX Minerals is rolling out technology that cleans and harvests lithium from wastewater generated by oil and gas – 80m barrels a day in North America alone.
"Our priority is to develop our existing lithium deposit in Argentina. But we are also looking for other deposits in Chile, Argentina and Brazil,"- Eramet Chief Executive Officer Christel Bories
Canada's Nemaska Lithium now has agreements in place for 90% of production from its Whabouchi hard rock mine and processing plant.
Despite bullish forecasts for global demand, lithium may have a funding problem.
Trial dates have been set to determine whether expansion at the Greenbushes mine, in which Tianqi Lithium holds a stake, would impact its mineral rights.
Company decided to revise the terms of its planned 100% takeover of USA Lithium, which owns two projects in the US.
Talison aims to double production at Greenbushes by mid-2019, racing to secure more lithium to feed an expected boom in demand for EV batteries.
Managing the cobalt market could get interesting.
Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.