Fire at Toms River Townhome Caused by Lithium Battery
Lithium Battery Cell Causes Fire in Empty Apartment on Success Lane TOMS RIVER, NJ – A small fire erupted in the living room of an unoccupied apartment at 411 Success Lane, prompting…
China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT
(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture or acquisition, the Financial Times reported on Sunday. BYD met Sigma Chief…
Protest ends at Chile’s lithium salt flats with promise of Boric visit
SANTIAGO (Reuters) – Protesters agreed to end demonstrations that had blocked access to the Atacama salt flat in Chile, the world’s largest lithium deposit, with the promise of a visit by President…
CME’s lithium contract volumes thrive after price slump
By Polina Devitt and Siyi Liu LONDON/BEIJING (Reuters) – A surge in hedging activity by the lithium industry and traders after the recent price slump has benefited CME Group which saw volumes…
SQM ties up with Hancock on $1.1 billion bid for Australian lithium developer Azure
By Melanie Burton MELBOURNE (Reuters) -Chile’s SQM has teamed up with Australia’s richest person, Gina Rinehart, to make a sweetened A$1.7 billion ($1.14 billion) bid for Australian lithium developer Azure Minerals, the…
Chile mining body says new lithium projects needed beyond SQM, Albemarle
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – The head of one of Chile’s top mining associations on Tuesday urged the government to speed up efforts to expand the lithium…
Lithium refiner Stardust Power to go public via $490 million blank-check deal
(Reuters) – Stardust Power, a lithium refiner supplying the electric-vehicle industry, on Tuesday agreed to go public in the U.S. through a merger with a blank-check company in a deal valued at…
Western lithium, graphite miners boost prices for ESG-friendly supply
By Ernest Scheyder LOS ANGELES (Reuters) – Western lithium and graphite miners have started charging the electric vehicle (EV) supply chain higher prices for their material, meeting demand for environmentally-friendly and consistent…
Analysis-As Aussie magnates gatecrash lithium deals, bankers get creative
By Melanie Burton MELBOURNE (Reuters) – Australian mining moguls who have gatecrashed the country’s recent international lithium deals have pushed bankers into trying fresh measures to fend off interlopers unwilling to pay…
As Exxon eyes lithium, crucial decision looms on filtration technology
By Ernest Scheyder LOS ANGELES (Reuters) – Exxon Mobil has yet to decide which lithium filtration technology it will deploy as part of its aggressive plans to become one of the world’s…
Lithium producers stay bullish on EVs despite growing headwinds
By Ernest Scheyder and Melanie Burton (Reuters) – The world’s largest lithium producers say they remain bullish on long-term demand for the battery material in the midst of recent price drops fueled…
Albemarle quarterly profit drops, forecast cut on falling lithium prices
(Reuters) – Albemarle, the world’s largest producer of lithium, posted a 66% drop in quarterly profit on Wednesday and cut its annual forecast, citing slipping prices for the electric vehicle battery metal.…
Lower prices, oversupply to weigh on lithium miners
By Arunima Kumar (Reuters) – Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit as prices of the silvery-white metal came under pressure due to concerns…
Threat of Lithium Ion Battery Fires in Electric Vehicles Prompts Concern for Safety in New Jersey
TRENTON, NJ – With the onslaught of electric vehicles hitting the highways across New Jersey, lawmakers say local firefighters and EMTs are not undertrained when it comes to responding to emergencies involving…
Sigma Lithium confirms resignation of COO, citing health reasons
By Fabio Teixeira RIO DE JANEIRO (Reuters) – Sigma Lithium on Friday said its Chief Operating Officer Brian Talbot left the company at the end of last month, confirming a Reuters report…
Sigma Lithium questions reporting on Brazil mineral rights ‘injunction’
By Fabio Teixeira RIO DE JANEIRO (Reuters) – Sigma Lithium on Friday challenged a Reuters report that a Brazilian court had imposed an “injunction” on its ability to sell or mine two…
Chilean miner Codelco gets access to books of Australia’s Lithium Power
(Reuters) – Codelco will undertake due diligence on Australia’s Lithium Power International, the Chilean copper miner said on Thursday, but added that there is no certainty the discussions will lead to a…
Lithium tech developers eye ways to boost water recycling
By Ernest Scheyder PITTSBURGH (Reuters) – The mining industry is working to boost freshwater recycling while also developing direct lithium extraction (DLE) technologies as it races to reinvent how the battery metal…
Albemarle aims to close buyout of lithium developer Liontown by mid-2024
(Reuters) -Albemarle, the world’s largest lithium producer, aims to close its buyout of junior Australian rival Liontown Resources by the middle of 2024, its chief executive said on Tuesday. Albemarle earlier this…
Piedmont Lithium receives first payment for NAL shipment
(Reuters) – Piedmont Lithium said on Tuesday it has received a partial prepayment of $31.6 million for the sale of 15,000 dry metric tonnes (dmt) of lithium concentrate under its offtake deal…
Stellantis invests more than $100 million in California lithium project
By Ernest Scheyder (Reuters) – Automaker Stellantis said it would invest more than $100 million in California’s Controlled Thermal Resources, its latest bet on the direct lithium extraction (DLE) sector amid the…
Lithium mine auctions in China’s Sichuan draw thousands of high bids
BEIJING (Reuters) – Two lithium mine auctions in China’s southwestern Sichuan province that began this week have received nearly 7,000 bids, with prices hundreds of times higher than starting levels and rising…
Exclusive-Sigma Lithium CEO says in talks with potential buyers
By Ernest Scheyder (Reuters) – Sigma Lithium is working with Bank of America to coordinate talks with parties interested in acquiring it, the chief executive of the miner, which produces the metal…
Bolivia hikes lithium resources estimate to 23 million tons
By Daniel Ramos LA PAZ (Reuters) -Bolivia’s lithium resources are now estimated at 23 million metric tons, its president said on Thursday after government studies that further cement the South American country’s…
Federal Court Blocks Activist Efforts To Stop Biden-Backed Lithium Mine Construction
Federal Court Blocks Activist Efforts To Stop Biden-Backed Lithium Mine Construction Katelynn Richardson on July 18, 2023 A federal appeals court blocked efforts by environmentalists and Native Americans to end construction on…
Exclusive-Exxon Mobil expands lithium bet with Tetra Technologies deal
By Ernest Scheyder (Reuters) – Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc, the second move this year by the oil giant for…
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