In Chilean desert, global thirst for lithium is fuelling a ‘water war’
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.
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.
International Battery Metals is going to work with Impact Technology Development on the design and construction of its first proprietary mobile lithium extraction unit.
The downturn in Chinese lithium prices has also led to many false conclusions about what is really happening to the lithium price.
The final deal size could be smaller than $1 billion due to a steep drop in lithium carbonate prices.
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