Lithium startups bet on high demand in battery-powered future
A new crop of startups are working on novel ways of producing the valuable metal.
A new crop of startups are working on novel ways of producing the valuable metal.
The miner said it is highly unlikely to take on further buyouts in the next 12 months.
Mineral Resources reported a nearly 80% slump in its annual profit on Wednesday.
In response to the plunge in prices, the company in May revised next year’s lithium target lower by 20,000 tons to 100,000 tons.
In April last year, BYD was granted access to preferential prices for lithium carbonate produced by SQM.
Comet Lithium has initiated the planning and permitting process for its first drill program on the Liberty property.
The unit will be capable of processing over 200,000 liters of oilfield brine per day, a twofold increase from Volt's previous processing capacity.
The lithium miner posted underlying profit after tax of A$318 million for fiscal 2024.
Key moves in the mining sector.
The Keliber project is targeting production for 2026.
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