Lithium
By Nate Raymond, Ernest Scheyder (Reuters) -Environmental and Indigenous groups on Thursday filed a lawsuit challenging the U.S. Interior Department’s approval of ioneer’s Rhyolite Ridge lithium mine in Nevada, the first domestic source of the battery metal to be permitted by Democratic President Joe Biden’s administration. In a lawsuit filed…
By Ernest Scheyder and Clara Denina (Reuters) – Rio Tinto (NYSE:)’s $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries. Arcadium’s expertise in so-called direct lithium extraction (DLE)…
By Sergio Goncalves LISBON (Reuters) – Chinese lithium producers are flooding the global market with the critical metal and causing a “predatory” price drop as they seek to eliminate competing projects, a senior U.S. official said on a visit to Portugal that has ample lithium reserves. Jose Fernandez, under secretary…
By Ernest Scheyder and Clara Denina (Reuters) – Rio Tinto (NYSE:) has been holding talks to buy lithium miner Arcadium, three sources with direct knowledge of the negotiations said, a deal that would make Rio the third-largest producer of the electric vehicle battery metal. Talks have been ongoing and continued…
By Ernest Scheyder (Reuters) -The Biden administration on Thursday published a key environmental report for ioneer’s Rhyolite Ridge lithium mine in Nevada, the last step needed before approving what would become one of the largest U.S. sources of the electric vehicle battery metal. The move comes after a review process…
Investing.com — The global lithium market is on the cusp for major shifts, with a new wave of supply entering the market. Analysts at UBS have identified this “second wave” of lithium supply, driven primarily by emerging sources in Africa and China, as a key factor in reshaping the market’s…
Investing.com — UBS in a note dated Monday has revised its lithium price outlook due to weaker-than-expected EV demand. The brokerage’s analysis of auto production, EV sales, and battery demand has led to a lower forecast for lithium demand through 2030. This has implications for lithium producers and related equities,…
Sigma Lithium Corporation (TSXV:) has reported strong financial and operational results for the second quarter of 2024, with a significant increase in the volume of lithium sold and a successful push for higher sales prices. The company has achieved operational excellence, reaching cost targets ahead of schedule, and is now…
By Melanie Burton MELBOURNE (Reuters) – Arcadium Lithium on Wednesday joined a growing list of producers reviewing lithium operations in Australia amid a rout in prices for the battery raw material that is expected to result in more production cuts. The lithium market is reeling from rapid supply growth that…
By Ernest Scheyder HOUSTON (Reuters) – In a milestone for the global clean-energy transition, International Battery Metals has become the first company to commercially produce lithium with a novel type of filtration technology, a step expected to usher in cheaper and faster supplies of the electric-vehicle battery metal. At a…
