Lithium latest news

  • January 2016

    Albemarle receives permit to triple brine extraction

    29 January 2016

    The long awaited permit to pump lithium brines in Chile's Salar de Atacama only allows the company to increase extraction by half of the amount it had applied for, but puts Albemarle, the world’s largest producer of lithium carbonate, in a strong position to capitalise on a predicted surge in demand for the battery mineral in the coming years.

  • Neometals bumps up Mount Marion spodumene capacity

    28 January 2016

    A flotation circuit will allow for the production of a further 80,000 tpa spodumene concentrate from the site, with JV partner Ganfeng agreeing to take all of the additional output.

  • SQM welcomes new Chilean lithium policy

    27 January 2016

    The world’s largest producer of lithium from brines has said that any new activity in the country’s lithium industry is “good for Chile,” as Codelco sets out its stall for developing the salars of Maricunga and Pedernales.

  • Chilean government to retain control of national lithium reserves

    26 January 2016

    The mineral will remain a strategic asset for Chile under a new national policy, while state-owned copper giant Codelco will investigate the feasibility of putting out to tender its reserves in the Salares de Maricunga and Pedernales under a public-private partnership, with a partner expected to be confirmed by the end of the year.

  • IM Lithium News in Brief 20 – 26 January

    26 January 2016

    Galaxy receives capex details for Mount Cattlin operations; Orocobre raises A$85m to finance Olaroz debt; Nissan chooses UK factory for £26.5m Li-ion battery investment.

  • Better batteries to drive Chinese EV demand, says Barclays

    25 January 2016

    Drivers demand longer ranges and shorter charges; second generation batteries due 2017-18.

  • China’s CITIC signals interest in buying SQM stake

    25 January 2016

    Group intends to participate in bidding; rival offers likely from PotashCorp and ICL.

  • Chinese textile and printing company Zhonge takes over Asia’s largest spodumene mine

    22 January 2016

    The company has significantly increased its interest in the lithium industry, acquiring Xingnsheng Lithium and Sichuan Guoli from explosives producer Sichuan Yahuam. The purchases give it access to a further 8,000 tpa lithium carbonate output as well as Asia’s largest spodumene mine.

  • Price Briefing 15 – 21 January

    22 January 2016

    Fluorspar and CCM prices slide; vein graphite to remain stable; US soda ash suppliers nail down 2016 contracts.

  • Potash market was a mixed bag in 2015, says SQM

    21 January 2016

    Demand for potassium nitrate was up in 2015 as potassium chloride slid, although improvements are expected this year. Iodine sales saw an increase in 2015 as prices tumbled. Lithium, meanwhile is expected to see a demand increase in 2016.

  • IM Lithium News in Brief 13 – 19 January

    19 January 2016

    Further delays hit Orocobre’s Olaroz plant; lithium mica potential identified at Pibara’s Pilangoora project; US DOE lab makes lithium-air battery breakthrough.

  • Better batteries to drive Chinese EV demand, says Barclays

    19 January 2016

    Consumer demand for longer driving ranges and shorter charging times are expected to be met by the next generation of EV-powering batteries in China, which have so far lagged behind the equivalent technologies developed in Japan and South Korea.

  • Chilean authorities plan arraignment of former SQM CEO

    14 January 2016

    As the public prosecutor’s office moves to formalise charges against Patricio Contesse regarding improper political payments by the miner, local press have called into question the impunity of the SQM’s former chairman Julio Ponce Lerou.

  • IM Lithium News in Brief 6 – 12 January

    12 January 2016

    Pilbara begins Pilangoora FS; Lux Research says micro-hybrids will move to the fore; US scientists develop Li-ion battery with auto-shutdown capacity.

  • IM Lithium News in Brief 23 December – 5 January

    05 January 2016

    Orocobre lauds Argentinian reforms; Russia to potentially begin lithium mining in 2016; Rodinia sells Diablillos project in Argentina to Aberdeen International.