Australia’s Sayona to bid for Quebec lithium miner
Operations at the NAL mine, which produced 114 000 tonnes of spodumene in 2018, were halted in February this year.
Operations at the NAL mine, which produced 114 000 tonnes of spodumene in 2018, were halted in February this year.
Sigma, which recently received its license to begin hard rock lithium mining in Minas Gerais, met with Tesla supplier Ganfeng Lithium.
SQM expects to invest about $2.1 billion in the next five years to strengthen its production.
Tianqi poured cold water on celebrations to mark the start of production from the first stage at its Kwinana plant in Western Australia.
A bill allowing the expropriation of private companies involved in lithium mining in Chile was found to be unconstitutional.
Australian producers are now scrambling to cut supplies as prices plummet on falling demand in the world's top electric vehicle market.
Codelco has for years talked of getting into the lithium business.
Hotly anticipated by investors but opposed by environmental groups, the offering is planned to meet an expected surge in global demand.
Net loss for the six months ended June 30 was $171.9 million, compared with a profit of $11.5 million a year earlier.
Equity capital raised by lithium and cobalt explorers and developers down 95% in Q2 compared to last year.
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