Lithium latest news

  • 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.