Ghana anxious lithium price slump will derail maiden project
In 2023, the country granted a 15-year lease to Atlantic Lithium to establish the nation's first lithium mine.
In 2023, the country granted a 15-year lease to Atlantic Lithium to establish the nation's first lithium mine.
The companies are Adionics, CADL–Lanshen, Eramet, Lilac Solutions, Rio Tinto, SLB, Summit Nanotech and WaterCycle Technologies.
Lithium spot prices have tumbled almost 90% since late 2022.
The permit serves as Ghana’s Environmental Protection Agency's approval for the company's proposed activities at the project.
Pilbara said last month it would acquire its smaller peer for an implied value of A$559.9 million.
The unconfirmed suspensions could cut some 8%, or around 5,000-6,000 metric tons, of China's monthly LCE production.
Market conditions have prompted CATL to adjust production, reducing China’s monthly lithium carbonate output by 8%.
The Houston-based oilfield services giant, formerly known as Schlumberger, is the latest to make a major push into the fast-growing DLE sector.
The Chilean lithium stroke a three-stage earn-in deal with South Africa's Andrada Mining to jointly develop the Lithium Ridge asset.
Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material.