US must improve copper mine permitting process, Freeport CEO says

While there is a need for 200,000 tonnes of graphite to meet demand, the reality is, the current US supply capability is zero.

A study of 293 companies found that nearly 60% of those are at risk of "net zero greenwash" due to their lobbying.

The company unveiled the first step in the process, with the deal to buy control of Teck.

The company is considering producing cathode battery materials in the United States among other options.

SQM said its third-quarter net earnings fell 56.4%, dragged down by falling lithium prices.

"Fortescue is taking its global pipeline of green hydrogen and green ammonia projects to final investment decision," Fortescue Energy CEO Mark Hutchinson said.

Exxon's expansion into the sector will rely on one or more of a so-far unproven fleet of direct lithium extraction (DLE) technologies.

The new company, to be called Arcadium Lithium, will be the world's third-biggest producer.

The global energy transition may be eclipsed by a critical minerals supply-demand imbalance — unless alternatives are found, experts say.