LG Energy doubles lithium purchase from SQM
Battery maker to buy over 100,000 tons of lithium carbonate and lithium hydroxide from SQM.
Battery maker to buy over 100,000 tons of lithium carbonate and lithium hydroxide from SQM.
Chile’s strategy has been well received by some private players including the two incumbents SQM and Albemarle.
While precious metals-focused juniors are working to revive Nevada’s tired Tonopah Silver District, lithium discoveries to the north, west and south of the desert town’s doorstep could again kick the boom-bust local economy into high gear.
Proceeds will be used to fund the development of the Wolfsberg lithium project in Austria.
The Arcadia plant took nine months to construct and started exporting concentrates in April.
Top producer of battery metal Australia sees spodumene prices holding up in 2023 but next year declines of nearly 40% are likely.
BYD in April was granted access to preferential prices for lithium carbonate in the country.
Mines across the continent are forecast to increase production of lithium raw materials more than 30-fold from last year’s volume by 2027.
Argentina's first plant for lithium batteries will begin operations in September, using metal extracted locally by US company Livent Corp.
A new fluoride electrolyte could protect the next generation of lithium metal batteries against performance decline.