Battery boom skeptics seen driving short holdings in lithium miners
Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting a sign of growing scepticism.
Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting a sign of growing scepticism.
The world’s automakers “don’t worry about lithium supply anymore” – Simon Moores.
The bond had an annual interest rate of 4.5 per cent and a duration of 15 years, Calichera said in a note to the market regulator.
Chilean lithium miner SQM on Wednesday night announced the resignation of its chief executive Patricio de Solminihac.
Unexpected leadership changes within a day at the world’s two largest lithium producers underscore concerns over a lack of executive experience in the industry amid a nascent boom for the battery metal.
MGX Minerals Inc entered into an Option Agreement with A.I.S. Resources (TSX.V: AIS) to acquire an 80% interest in the Salinitas lithium brine mining tenements located in the lithium triangle of Argentina, Salar de Salinas Grandes, Province of Salta.
The expansion, on top of a $238 million upgrade due for completion in April, will double the mine’s production to 1.95 million tonnes a year of lithium concentrate a year from 2020.
It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.
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