Lithium latest news

  • April 2016

    Price briefing 22-29 April 2016

    29 April 2016

    Lithium spot market rises, but graphite stable

  • Lithium spot prices edge upward

    29 April 2016

    The prices for lithium contracts agreed in Q2 2016 appear to be tracking the trajectory of spot prices, which continue to soar.

  • Umicore to up NMC cathode materials output by 300%

    27 April 2016

    The Belgian-based technology group is to boost its capacity for rechargeable battery cathode materials by three-fold in the next three years, the company announced today.

  • Tianqi Lithium plans for expansion

    27 April 2016

    News that Tianqi is also planning to expand its hydroxide offering is not a major surprise as the company has aggressively grown in the last few years and is taking full advantage of the bullish market situation at the moment. It does mean, however, that there will be more capacity in China, to sate domestic demand.

  • A tale of two producers: SQM-Rockwood spat illustrates rising lithium tensions

    26 April 2016

    The neighbouring lithium suppliers have become embroiled in a squabble over Rockwood’s plans to increase output. But the roots of the enmity stretch far deeper.

  • SQM and Lithium Americas announce Argentinian JV

    25 April 2016

    First supporting of a junior by a senior market player SQM paid $25m for 50% stake Focus now on completing updated DFS

  • Rockwood readies itself for SQM attempt to block lithium increase

    25 April 2016

    Rockwood Lithium has responded to news that local rival Sociedad de Quimica y Minera SA (SQM) will seek to prevent the expansion of its lithium production in Chile, noting it will use “all recourses available” to respond to any doubts over its permit, Chilean daily La Tercera has reported. A tripling of its Chilean production by Rockwood could go some way to ease the supply shortage in lithium products expected over the next half decade.

  • SQM aims to block Rockwood expansion

    22 April 2016

    Chilean lithium producer Sociedad de Quimica y Minera SA (SQM) will attempt to halt a planned lithium production increase by rival producer Rockwood Lithium, owed by US chemicals producer Albemarle Corp., according to the minutes of a March SQM board meeting seen this week by local business daily, Diario Financiero.

  • BASF receives battery material licence from CAMX

    13 April 2016

    BASF has obtained a licence for a patented cathode material, which it says is capable of increasing the energy density of Li-ion batteries. With the uptake of EVs by the general public having been slower than initially expected, the development of this cathode is good news for car manufacturers in the space – and raw material suppliers such as graphite, lithium and nickel companies – as it will help to extend the range of vehicles.

  • Orocobre’s Olaroz lithium output on track

    12 April 2016

    Lithium production at Orocobre Ltd’s Argentinian facility in Olaroz has more than doubled in the first three months of 2016 against December volumes, as the company ramps up production at the flagship site. This comes at a time when the market is tightening and more companies are looking to exploit a bullish spot market for carbonate, which is used in lithium-ion batteries.

  • China’s lithium carbonate producers report eightfold increase in profits

    11 April 2016

    Both Tianqi and Ganfeng have seen earnings skyrocket in the first quarter of this year, owing to higher lithium prices driven by demand for the batteries sector, while fears that demand will significantly outpace supply this year is fueling frenzied buying activity.

  • Price Briefing: Lithium contract price stable, but spot market is tight

    08 April 2016

    While Chinese refractories companies are licking their wounds after a bearish and bloody 2015, battery producers are reveling in increased profit margins as demand ticks up. TiO2 markets look set to recover also - but will this be passed onto mineral sands producers?

  • Lithium Americas addresses SQM JV concerns

    04 April 2016

    Lithium Americas addressed questions on its recently announced JV with SQM for the development of the Cauchari Olaroz project, defending the decision to sell 50% of its stake as a low risk path to cash flow and production.

  • POSCO brings forward completion date for Argentinian lithium project

    04 April 2016

    The Korean steelmaker and battery manufacturer will shorten the construction period of its Pozuelos Lake facility, allowing for production from September, rather than the end of the year, a response to increasing demand for the battery mineral globally.

  • Lithium concentrate production commences at Mount Cattlin

    01 April 2016

    The restart of production at the Mt Cattlin spodumene mine near Ravensthorpe, Western Australia (WA) underscores how time can heal all wounds. When the mine was shut down, in 2013, it signalled a flagging market and that the operators of the facility were unable to cope with the high overheads. Now however, lithium is on the up. The restart of operations not only indicates optimism in the sector - supported by growing battery demand, but it shifts supply and creates a new trading partner for China.