Vulcan Energy raises $72 million to develop German lithium plant
Funds to go to develop its net zero carbon lithium project in Germany.
Funds to go to develop its net zero carbon lithium project in Germany.
Atlas Lithium is developing a hard-rock mine in southeastern Brazil’s Minas Gerais state, in a region known as Lithium Valley.
The intense interest in Liontown is “a really strong point of evidence” about the outlook, says Pilbara Minerals CEO.
AMG is expanding its lithium production capacity and tightening its grip on its supply chain.
Uncertainty surrounding Chile's plans to bring its lithium industry under state control will send capital elsewhere, with Canada a likely beneficiary.
The company posted net income of $114.8 million for Q2, compared to $53.2 million in the year-ago period.
The company is selling a 3% gross overriding revenue (GOR) royalty to Lithium Royalty Corp.
NMDC is also working on plans to export low-grade iron ore to China.
The company said it estimates the Rhyolite site now holds enough lithium carbonate to power more than 50 million electric vehicles.
A global market deficit is expected for 2023 as a whole, but surpluses are likely from next year, rising to 145,693 tonnes by 2027.