Lithium latest news

  • September 2015

    Former CEO files lawsuit against SQM

    29 September 2015

    Patricio Contesse, whose employment was terminated by SQM in March, is suing the Chilean lithium, potash and iodine miner for almost $6m.

  • Lithium News in Brief 22 – 29 September

    29 September 2015

    CORFO inspects SQM operations at the Salar de Atacama; Western Lithium timeline update; Tesla launches its first European EV factory.

  • Mount Marion enters construction phase

    28 September 2015

    Building work at the Western Australian lithium deposit – in which explorers Neometals, Mineral Resources and Ganfeng each share an interest – has begun with first production expected in mid-2016.

  • SQM cancels extraordinary shareholders meeting

    24 September 2015

    The Chilean lithium, potash and iodine miner has called off a meeting scheduled for early next month to discuss dividends, at the request of shareholders.

  • IM Lithium News in Brief 16 – 22 September

    22 September 2015

    Nevada Sunrise snaps up brine project in Nevada; Pure Energy gears up for further drilling; REM full-year loss widens.

  • Orocobre’s Olaroz facility to achieve break-even in October and nameplate capacity by year-end

    21 September 2015

    The lithium producer is undergoing a production ramp up and a process of operational debottlenecking at its Argentinian site, which it hopes will clear the way for a financial move into the black in October ahead of full capacity production in December this year.

  • Two-thirds increase in resource estimate for Mount Marion lithium project

    21 September 2015

    The Western Australian project’s joint owners, Neometals and Mineral Resources, will see Mount Marion’s contained lithium resource grow by 66% following a new study. The news coincides with an announcement that an equity investment by China’s Ganfeng Lithium is set to proceed.

  • Price Briefing 11 – 17 September

    18 September 2015

    Metspar prices set to weaken further in Q4 while graphite remains steady; lithium, diatomite and sodium bicarbonate producers raise list prices.

  • Albemarle and SQM unaffected by Chilean earthquake, as copper miners suffer closure

    17 September 2015

    Both Albemarle and SQM reported that their lithium, potash and nitrates operations in the South American state have not been impacted by the recent earthquake. Copper miners with operations further south, meanwhile, have been forced into site suspensions and personnel evacuations.

  • Tesla secures Nevada lithium source via Pure Energy deal

    16 September 2015

    Pure Energy Minerals will supply lithium hydroxide to Tesla’s Gigafactory. The news follows speculation earlier this month that the electric vehicle producer would add a local producer to its growing supply portfolio, and has been welcomed by local politicians.

  • FMC announces 15% lithium price increases

    15 September 2015

    The company said that the price hikes are a response to market growth outpacing supply capabilities and a need to reinvest in its manufacturing facilities.

  • Albemarle announces 50,000 tonne lithium conversion plant

    15 September 2015

    The plant will produce either lithium hydroxide or carbonate depending on market demand, and will utilise offtake from its Talison JV. The move comes as part of plans by the chemicals giant to capture 50% of incremental growth in the energy storage market over the coming years.

  • IM Lithium News in Brief 9 – 15 September

    15 September 2015

    Nemaska chooses plant location for carbonate and hydroxide production; Critical Elements secures offtake agreement; Indian transport ministry in Li-ion bus deal.

  • SQM faces political contributions tumult

    09 September 2015

    An email leak connecting the Chilean miner with a series of donations to the country’s socialist party has created a political maelstrom and brought the company, which is already facing legal challenges over its lithium leases, into the spotlight once more.

  • IM Lithium News in Brief 2 – 8 September

    08 September 2015

    REM ups stake in Bacanora again; Western Lithium and Lithium Americas complete merger; Nevada Sunrise enters US lithium supply race; Panasonic to take on Tesla in German home battery market.

  • Tesla mulls Nevada lithium source

    04 September 2015

    The CEO of the leading electric vehicle manufacturer has confirmed that it is considering in-state lithium sources for its Nevada Gigafactory. The announcement follows a barrage of criticism from politicians and a suggestion that it had misled lawmakers who granted it a $1.3bn incentive package to locate in the western US state.

  • Price Briefing 28 August – 3 September

    04 September 2015

    Frac sand prices halve since last year; acidspar slips 46% since 2012, while metspar and zircon prices stay flat.

  • Tianqi and Ganfeng H1 profits surge

    02 September 2015

    The two Chinese lithium producers both saw strong results in the first half of 2015, as increasing demand for lithium carbonate continues apace.

  • IM Lithium News in Brief 26 August – 1 September

    01 September 2015

    Drilling work doubled at Sonora following Tesla deal; Lithium Americas and Western Lithium shareholders give go-ahead to merger deal; Bosch acquisition moves it into Li-ion market.