Codelco chairman still sees lithium agreement with SQM by year-end
Codelco was tasked by President Gabriel Boric in April to lead the government's plan to take state control over strategic lithium projects.
Codelco was tasked by President Gabriel Boric in April to lead the government's plan to take state control over strategic lithium projects.
The start-up is deploying AI-based technology to search for lithium in South Korea, Canada, the US, Australia and Africa.
Chris Ellison-led MinRes has beefed up a 24.27% stake in Delta.
China is the world's largest consumer and producer of lithium carbonate.
The claims, which MetalsGrove will acquire for $60,000, are close to Huayou Cobalt's Arcadia lithium mine.
Chinese researchers have developed functional micro-arrays for efficient lithium metal anode interfaces.
The project, including two mines and spodumene concentrators in the province’s northwest, has an after-tax net present value of C$1.2 billion.
The company has secured control of over 25% of the mineral rights for the private lands within its flagship project in Elko County.
US subsidies will support the growth of the top 3 lithium producer if the Livent and Allkem merger creating the new company goes ahead.
Lithium prices overshot last year driven by China but this year fresh supply, including from Africa, has led to a collapse in prices.