Biden’s Electric-Vehicle Push Hits a Speed Bump

[ad_1] Mining projects are being delayed after a plunge in prices for metals used in batteries. [ad_2] Source link

EVs Are on a Lithium Roller Coaster

[ad_1] Prices of the key battery metal have fallen by roughly 70% this year, easing battery-cost worries but casting doubt on longer-term supply. [ad_2] Source link

Live news: Albemarle ends bid for Australian lithium miner after billionaire takes 20% stake

[ad_1] Live news: Albemarle ends bid for Australian lithium miner after …  Financial Times [ad_2] Source link

ALBEMARLE WITHDRAWS NON-BINDING OFFER TO ACQUIRE LIONTOWN RESOURCES

[ad_1] CHARLOTTE, N.C., Oct. 15, 2023 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today it will not pursue…

Albemarle’s Liontown Deal the Latest Threatened by Assertive Shareholders

[ad_1] Albemarle’s proposed $4.24 billion takeover of Australian lithium miner Liontown Resources is the latest in a flurry of multibillion-dollar deals to hit a hurdle in the form of assertive…

Australia’s Hancock Prospecting Takes Strategic Stake in Albemarle Target Liontown

[ad_1] A mining company controlled by Australia’s richest woman has taken a near 20% stake in Liontown Resources, potentially complicating Albemarle’s proposed takeover of the local lithium miner. [ad_2] Source…

Live news: Liontown Resources opens books to lithium rival Albemarle following sweetened $4.3bn bid

[ad_1] Live news: Liontown Resources opens books to lithium rival …  Financial Times [ad_2] Source link

Albemarle Raises Bid for Australia’s Liontown Resources to $4.25 Billion

[ad_1] The deal would be one of the largest in the lithium-mining industry. [ad_2] Source link

The rise of Albemarle, the world’s largest lithium producer

[ad_1] Demand for lithium, a key component for electric vehicle batteries, is expected to surge, from 500,000 metric tons of lithium carbonate in 2021 to three to four million metric tons in less…

A Onetime Paper Maker Is Now the King of Lithium

[ad_1] Charlotte, N.C.-based Albemarle, which began as a paper mill in 1887, has become a key cog in a tight global supply chain for battery metals used in electric cars…