Sayona-Piedmont merger forms Elevra Lithium with equal board representation
The merger is expected to be completed in mid-2025.
The merger is expected to be completed in mid-2025.
Miner said the successful start of underground production stoping from the Mt Mann orebody is a "key milestone".
The boost in production is expected to mostly come from new operations in Salta and expansions in Catamarca and Jujuy, the northern provinces.
The Texas-based lithium extraction facility is said to be able to meet entire national demand for battery-grade lithium carbonate by 2029.
A new analysis shows that the La Isla salt flat holds 2.13 million metric tons of lithium, up 150% from a prior estimate.
Indigenous communities are in talks with Codelco and SQM to gain more influence over plans to increase lithium extraction.
Several companies are in talks with SQM for stakes of 20% in its Mount Holland and Andover projects in Australia.
Path to full-scale production has been slowed by delays in transferring the mining licence to a JV with Mali's government.
The Australian lithium explorer dismissed the bid as "opportunistic" and "undervalued," claiming it doesn't reflect its assets' potential.
The German state of Saxony says the lithium project is a high-priority initiative to end Europe’s dependence on foreign raw materials.
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