Rio Tinto puts Jadar lithium project on backburner
According to the memo seen by Bloomberg, Rio said it was “not in a position to sustain the same level of spend and resource allocation."
According to the memo seen by Bloomberg, Rio said it was “not in a position to sustain the same level of spend and resource allocation."
Dale Henderson said the growth of trading mechanisms such as futures markets should eventually help regulate prices.
The new entity will hold MinRes' 50% ownership in the Wodgina and Mt Marion lithium mines.
Thacker Pass boasts the world’s largest known measured lithium resource.
The growing confidence in demand for energy storage systems, or ESS, comes amid policy incentives, improving economics and expansion plans.
Codelco and SQM planned to form a joint venture for lithium production in the Atacama salt flats.
President-elect Rodrigo Paz, who takes office Saturday, is vowing to finally bring Bolivia into the ranks of significant lithium exporters.
The Chinese company is required to pay 247 million yuan ($35 million) for the lithium mining rights at its Jianxiawo project.
CEO of lithium miner Pilbara Minerals called on Canberra to do more or risk losing competitiveness and market share.
The Standard Lithium-Equinor JV says it has North America’s highest lithium-in-brine grades in the first inferred resource for the Franklin project.
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