[ad_1] Updated Jan. 4, 2024 8:26 pm ET SYDNEY—Core Lithium shares dropped after the company said it would temporarily suspend mining operations amid weak conditions for minerals used in batteries.…
Tag: Lithium Mining
Lithium Prices Ready to Rally Once More
[ad_1] SYDNEY—Lithium is one of Janus Henderson Investors’ top commodity bets for 2024, despite the metal having a rocky run in recent months as investors fret that the energy transition…
SQM Strikes Lithium Deal With State-Run Miner Codelco
[ad_1] Chilean lithium company SQM has reached an agreement with state-run miner Codelco to jointly produce the key energy-transition metal that abounds in the country’s desert salt flats. Under the…
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
Xerion: Out Of Stealth Mode With A Major Battery Breakthrough
[ad_1] An assembly room at Xerion’s Dayton, Ohio plant. XerionBattery.com You look down at your battery gauge and see that you are starting to run low on your cross-country trip.…
Exxon Makes Lithium Play in Long-Term Bet on EV Demand
[ad_1] Exxon Mobil said Monday it is starting to drill for lithium in Arkansas and aims to become a major U.S. supplier for makers of electric-vehicle batteries by 2030. The…
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…
Ganfeng Lithium’s Profit Falls, Mexico Project Uncertainty Weighs
[ad_1] Ganfeng Lithium’s first-half net profit fell 19% from a year earlier, weighed down by high operating costs that overshadowed revenue growth at one of the world’s largest lithium producers.…
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…
Lithium Miners Slump as Chile Unveils State-Led Policy
[ad_1] President Gabriel Boric’s plan to create a state-owned lithium company comes as Chile faces pressure for more public spending. [ad_2] Source link