Lithium mining is slowly sinking Chile’s Atacama salt flat, study shows
Chile's Atacama salt flat is sinking at a rate of 1 to 2 centimeters per year due to lithium brine extraction.
Chile's Atacama salt flat is sinking at a rate of 1 to 2 centimeters per year due to lithium brine extraction.
Patriot plans to make a final investment decision by 2027, begin construction in 2028, and start production in early 2029.
The world's second-biggest lithium producer expects the downward trend in the metal's prices to continue for the rest of the year.
The global market is forecast to post a surplus of 117,000 tons of lithium this year.
The companies will assess the technical and economic criteria of a commercial lithium metal battery facility.
The deal is among the latest in the direct lithium extraction sector.
The Pastos Grandes project is a lithium brine development located in the same basin as Ganfeng Lithium’s Pozuelos-Pastos Grandes project.
The project aims to help E3 Lithium achieve its goal of producing battery-grade lithium carbonate from Alberta’s brine resources.
The new licences are largely contiguous with those held by Sibanye-Stillwater at the Keliber project.
Open interest has continuously hit record after record since April.
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