Reports of Lithium’s Demise Greatly Exaggerated
In the strongest counterargument yet to Goldman Sachs’ gloomy outlook, the Federal Department of Industry sees a substantial lift in forecast lithium exports over the next three years.
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No Lithium Jitters for Albemarle
Despite Goldman Sachs’ gloomy forecast for lithium prices, US major Albemarle is looking to build a huge US processing plant to keep up with expected demand for the metal.
Read MoreBenchmark Counters Goldman’s Take on Lithium
UK group Benchmark Mineral Intelligence has offered a fairly strong counterargument to Goldman Sachs’ claim in late May of a looming oversupply that would end the current lithium boom.
Read MoreTSX Wins Race to the Pole with Battery Metals Index
Local regulators have ignored the opportunity to use Australia’s leading position in key battery minerals such as lithium, nickel and cobalt to set up a futures market in index form.
Read MoreLiontown Locks Down Tesla Spodumene Deal
Lithium hopeful Liontown Resources has finally wrapped up a sales deal to sell spodumene concentrate to electric vehicle giant Tesla, a week after it was supposed to be finalised.
Read MoreWhy Are Lithium Stocks Under Pressure?
At the end of a busy few days for the lithium space, FNN’s Tim McGowen takes a look at the various factors currently at play and what they might mean for the sector moving forward.
Read MoreGoldmans Report Puts Fear of God into Metals Stocks
Shares in local metals stocks were hit hard in Wednesday trade thanks in part to a bearish report from Goldman Sachs on the price prospects of key EV battery components.
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Wesfarmers’ Low-Key Lithium Presence On Track
It’s far from a main earnings driver, but a rare update has confirmed that Wesfarmers’ half-owned lithium project in WA remains on track for first production in two years’ time.
Read MoreMixed Fortunes Across the Lithium Space
The usual high news traffic for the lithium and EV space this week – here are some updates from Albemarle, Livent and battery giant Contemporary Amperex Technology to get you up to speed.
Read MoreLithium Space Abuzz with Mexican Nationalisation News
Never a dull moment in the lithium space, and this week was no different as Mexico made the decision to nationalise its industry in the metal and Elon Musk had plenty more to say about pricing pressures.
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Musk Hints at Tesla Entry into Lithium Mining
So concerned is Elon Musk about the rising price of lithium, he says Tesla may get into the lithium mining and refining business directly and at scale to try and control the cost.
Read MoreThe Downside to the Electric-Powered Bandwagon
The Federal Government’s March Resources and Energy update has provided a handy rule of thumb for investors looking at electric vehicles as well as the usage and demand for renewable minerals.
Read MoreLithium: Good if you can get it
Strong demand for lithium is currently resulting in shortages of spodumene, lithium hydroxide and lithium carbonate, pushing spot prices for all three commodities to record levels.
Read MoreLithium Run Spurs MinRes to Up Spodumene Output
The accelerating boom in demand for lithium has seen Mineral Resources agree to boost output from its joint-owned Wodgina and Mount Marion spodumene mines in WA.
Read MoreRio Sweating on Serbian Election Outcome
Tomorrow’s elections will play a key role in determining if Rio Tinto’s ambitions for a $US2.4 billion lithium mine and processing operation in Serbia are confirmed or finally dashed.
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Posco Plunges Headlong into the Old Briny
South Korean steelmaker Posco has joined the so-called ‘brine rush’ in heading for Argentina’s lithium-rich salt deposits where it eventually plans to boost its investment to at least $US4 billion.
Read MoreWhat Surging Lithium Pricing Means for Lake Resources
Corporate Connect analyst Di Brookman has this week released an updated research report on Australian lithium developer Lake Resources (ASX: LKE), which is now available for download.
Read MoreOne Head Proving Better than Two for Allkem
Allkem released a bullish first set of results since being formed by the merger of Galaxy Resources and Orocobre last August, and it’s clear the lithium price boom is starting to pay off for producers.
Read MoreAlbemarle Struggling to Convert Potential into Reality
Albemarle shares saw their biggest ever fall on Thursday after its profit forecast disappointed investors who were expecting a bigger windfall from record-high prices of the key battery metal.
Read MoreEV / Lithium Space Powers on Relentlessly
Six weeks into 2022 and developments in the EV-battery space continue even faster than in 2021, or so it seems from the almost daily string of announcements and other reports.
Read MoreWith Iron Ore Struggling, MinRes Pivots to Lithium
As its iron ore earnings suffer a major hit, Perth-based miner and services company Mineral Resources has announced its plans to push further into the lithium space.
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Serbia Revokes Rio’s Lithium Licenses
According to a Reuters report on Friday morning, the Serbian government has revoking all licenses related to Rio Tinto’s exploration for lithium in the country.
Read MoreSetback for Rio at Serbian Lithium Project
Rio Tinto revealed in a release on Tuesday that rising opposition had forced it to push back the timeline for first saleable production at its $US2.4 billion Serbia lithium project.
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Lithium-Ion Battery Inventor Discusses Magnis (ASX: MNS)
Noble Prize winner Professor Stanley Whittingham discusses his retirement from the Magnis board and the role of government funding moving forward for the industry and Magnis in particular.
Read MoreLiontown About to Be Cashed Up and Ready to Roar
Shares in Liontown Resources were put into a trading halt ahead of plans to raise up to $490 million to allow it to derisk the company’s key Kathleen Valley project.
Read MoreRinehart’s Vulcan Fires Up Another Lithium Deal
Vulcan Energy Resources (ASX: VUL), the lithium up-and-comer backed by Gina Rinehart, revealed another off-take agreement ahead of the company’s annual meeting yesterday.
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China’s EV Charge Continues
Buried in China’s weak production figures on Monday was more good news for those enthusiastic about green metals like lithium as Chinese buyers again grabbed as many EVs as they could.
Read MoreNecessity the Mother of Invention in Lithium-EV Space
Rising prices due to demand outstripping the availability of the necessary raw materials are but one challenge forcing those in the lithium and electric vehicle space to get creative, inventive and aggressive.
Read MoreDue Diligence Webinar – Lake Resources (ASX: LKE)
Lake Resources NL is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina.
Read MoreMinRes to Reopen Wodgina Lithium Mine
Mineral Resources and its huge US partner Albermarle have bowed to the inevitable and will re-open the lithium mine they own in the Pilbara and an associated processing plant at Kemerton.
Read MorePilbara Strikes Motherlode at Pilgangoora
Pilbara Minerals shares jumped yesterday after announcing new ore reserves of lithium oxide at its key WA mine, reversing a weeklong selloff that had seen the company’s stock price lose around 10%.
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