Lithium latest news

  • December 2015

    AirAsia bans Li-ion battery-powered transportation devices on flights

    31 December 2015

    Owing to the fire hazard Li-ion batteries pose, AirAsia has followed other airlines and banned transportation devices such as Segways powered by the technology from its flights.

  • China’s CITIC signals interest in buying SQM stake

    29 December 2015

    Filings with the Chilean regulator indicate that the Chinese investment group is poised to bid for the indirect stake held in the lithium, iodine and potash miner by holding company Oro Blanco.

  • IM Lithium News in Brief 16 – 22 December

    22 December 2015

    Rio Tinto mulls Jadar’s lithium potential; Orocobre speculates over reasons for share price jump; Western Lithium secures $5m credit line; LG Chem in one GWh battery deal.

  • SQM shares jump as major shareholder begins to sell stake

    21 December 2015

    Share value in the lithium producer rose almost 9% on Friday following the news that Oro Blanco, one of a number of holding companies through which former chairman Julio Ponce owns a stake in SQM, is looking to sell its shares.

  • Report finds “no evidence” SQM bribed officials

    21 December 2015

    Law firm reports under-documented payments but highlights lack of accuracy in company’s books.

  • Tesla yet to nail down lithium supply

    21 December 2015

    Minimal lithium from current deals pre-2020; Gigafactory due to come online late 2016.

  • Report finds “no evidence” SQM bribed officials

    16 December 2015

    An inquiry carried out by a US law firm said that while a number of authorised payments were under-documented and the company’s books lacked accuracy, there was no indication that payments caused authorities to act unduly favourably towards the Chilean producer of lithium, potash and iodine.

  • IM Lithium News in Brief 9 – 15 December

    15 December 2015

    International Lithium announces $4m exploration budget with Gangfeng Lithium; Nevada Sunrise purchases Clayton NE property; Lithium Australia produces first lithium hydroxide sample.

  • IM Lithium News in Brief 2 – 8 December

    08 December 2015

    Orocobre ramp up continues; Saft awarded drone battery contract; Porsche to spend €1bn on EV facilities.

  • Price Briefing 27 November – 3 December

    04 December 2015

    Antimony and zircon prices fall in China while lithium prices rise in South America.

  • Tesla meets with Chilean government regarding potential Codelco lithium deal

    03 December 2015

    Talks regarding a lithium supply arrangement indicate the state owned copper miner may be looking to diversify its portfolio.

  • SQM railway could take more than 18 months to repair

    02 December 2015

    The Chilean producer of lithium, potash, iodine and nitrates has yet to decide whether to proceed with the reconstruction of its port rail system, following storm damage in August.

  • South American lithium prices rise

    02 December 2015

    Lithium carbonate export values increase following earlier increases in hydroxide prices.

  • Mines and Money ’15: Galaxy poised to relaunch in buoyant lithium market

    01 December 2015

    The ASX-listed lithium company has been through the mill as far as debt and operating issues are concerned, but Galaxy’s managing director says that the company is now back on track and ready to re-join the lithium industry at a time when demand and prices are moving in a positive direction.

  • Battery technology “strategic linchpin” for low carbon economy – Goldman Sachs

    01 December 2015

    As negotiations to combat climate change begin in Paris, a new report by Goldman Sachs lists hybrid and electric vehicles as one of four front runner technologies in the low carbon market. It expects regulatory pressure and economies of scale to spur investment in electric vehicles, increasing both performance and market share.

  • Lithium News in Brief 25 November – 1 December

    01 December 2015

    Galaxy clears historical debt; LG Chem snares German power plant deal; Lux says market for next-gen, post Li-ion batteries on the rise.

  • November 2015

    Australia mining investment to drop 58% over next three years

    30 November 2015

    The Australian mining industry continues to be squeezed by a global oversupply of most commodities and a slowdown in demand from China. According to an Australia-based industry analyst, these factors are stifling Australian economic growth and will cause thousands of job losses in the next three years.

  • Avalon to delist from NYSE

    30 November 2015

    A struggling share price necessitated the move by the junior explorer, which has lithium and rare earths interests in Canada. The company will continue to trade in on the TSX and over the counter in the US.

  • MINEX Europe 2015: Old world, new opportunities

    27 November 2015

    Difficult times generate new initiatives and new opportunities, delegates heard at the inaugural MINEX European Mining and Exploration Forum in Vienna, Austria, in November.

  • SQM strenuously denies illegal brine export allegations

    24 November 2015

    The Chilean lithium producer said that all exports go through a rigorous approvals process and is unaware what could have motivated the accusation, made by a group of the company’s employees.

  • IM Lithium News in Brief 18 – 24 November

    24 November 2015

    Bacanora triples Sonora indicated mineral reserve; Ganfeng plans new carbonate plant; Ecuadorian government looks to Bolivia for lithium-ion batteries.

  • Price Briefing 13 – 19 November

    20 November 2015

    India could revise down barite prices in wake of oilfield decline; iodine sinks further in Q3 but SQM remains positive about lithium.

  • SQM Q3 earnings fall $56m following facility wind down

    18 November 2015

    Write-offs stemming from the cessation of mining operations at the Pedro de Valdivia mine hit the third quarter results of the Chilean lithium, potash and iodine producer. Segmental revenues for lithium were up as demand continued to rise, but sales income for both potash and iodine was down on the back of price decreases.

  • IM Lithium News in Brief 11 – 17 November

    17 November 2015

    Galaxy Resources restructures debt; Orocobre signs MoU with Bateman Advanced Technologies; Neometals and Mineral Resources commence DFS on ELi process.

  • Chinese Li-ion industry could reach $2.5 trillion as EV industry grows

    16 November 2015

    EV production is expected to continue to grow in China, driving up the value of the Chinese Li-ion battery industry and creating demand for lithium producers, key material providers and the downstream battery core installation market. However, despite China's growth in this area, the industry is not without its challenges in terms of production and quality.

  • Albemarle predicts double digit EBITDA growth in lithium in 2016

    11 November 2015

    The speciality chemicals producer said it expects demand across a number of lithium applications, not just Li-ion batteries, to contribute to the increase.

  • Lithium News in Brief 4 – 10 November

    10 November 2015

    Orocobre increases production as debottlenecking continues; Lithium Australia granted trading halt ahead of material acquisition; Pure Energy readies for second drill campaign.

  • Chinese lithium hydroxide prices follow carbonate up

    10 November 2015

    Companies in China raise selling values on market confidence and potential supply tightness but prices in other regions remain stable.

  • Price Briefing 30 October – 5 November

    06 November 2015

    Amorphous graphite and soda ash face future price pressure while lithium and rare earths rise.

  • Currency shifts hit Albemarle’s Q3 sales

    05 November 2015

    The chemicals producer’s sales and EBITDA figures were adversely impacted by the strong US dollar. Bromine sales volumes were lower than in the same period in 2014, as price hikes took their toll. Lithium volumes picked up however, as demand for battery-grade product rose, while price rises across the performance chemicals division increased individual sale yields.

  • Chinese lithium prices jumped twice in October

    04 November 2015

    Leading Chinese lithium carbonate supplier Ganfeng Lithium put up its prices for a second time in the space of a month last week, prompting industry peers to follow suit as rising demand for the material from the EV battery industry continues to support the market.

  • Lithium News in Brief 28 October – 3 November

    03 November 2015

    Pure Energy expands Clayton Valley holdings; Panasonic unfazed by Tesla-LG Chem deal; Cambridge researchers make strides in lithium-air battery development.