Allkem, Livent merge to create world’s third largest lithium miner
The all-share business combination creates a giant lithium firm with forecasted production capacity of 248,000 tonnes of LCE a year.
The all-share business combination creates a giant lithium firm with forecasted production capacity of 248,000 tonnes of LCE a year.
It has signed a commercial offtake agreement with Dragonfly Energy Holdings.
Lithium Americas is aiming to mine and process enough lithium carbonate on the Nevada site for batteries to power a million vehicles a year.
The move will make Tesla the only major automaker in North America that will refine its own lithium.
Minas Gerais will welcome “investors from all over the world” to Vale do Jequitinhonha, said governor Romeu Zema.
Market is expected to remain in a deficit in 2023 but conditions will not be as tight as previous years, according to the investment bank.
Salta’s Chamber of Mines wants Argentina to move away from proposals regarding the nationalization of its lithium resources.
CEO Jakob Stausholm said he’s “cautious” about acquisitions at current valuations, despite the world’s second-biggest miner wanting to grow its nascent lithium business.
Chile and Albemarle could cement their dominant role in the global lithium and EV industries if they can get one or more DLE technology to succeed.
Speaking after Rio’s annual general meeting, CEO Jakob Stausholm said he didn’t want to pay a high premium for lithium assets.