Lithium latest news

  • May 2016

    Neometals ELi process to short-circuit Chinese lithium production

    31 May 2016

    Chris Reed, CEO of ASX-listed lithium mining company Neometals, spoke to delegates at IDC Technology’s 2016 lithium ion (Li-ion) battery conference in Sydney, Australia last week, and stressed the importance of the company’s patented ELi process for world lithium supply chains.

  • Dakota Minerals: Lithium demand could increase ten-fold by 2025

    31 May 2016

    Cameron Perks, IM correspondent and consultant, spoke to Francis Wedin, executive technical director at Australian exploration company Dakota Minerals Ltd on the sidelines of this year’s IDC Technologies Lithium Battery Conference held in Sydney, Australia, about the company's growth expectations for lithium and the reasons it is focusing on spodumene.

  • Lithium 2016: Tianqi aims to become world’s largest lithium producer

    31 May 2016

    After a number of years building its profile and capacity in the lithium market, the Chinese lithium producer hopes its new hydroxide facility, slated to come online in 2018, will put it in pole position in the booming market.

  • Galaxy and General Mining to merge

    31 May 2016

    ASX-listed Galaxy Resources Ltd is to merge with its operating partner for its Mt Cattlin project, General Mining Corp., re-consolidating ownership of the newly operational spodumene venture.

  • Is there a global lithium shortage?

    27 May 2016

    It would be easy to presume there is a shortage in lithium in the world, with global lithium prices doubling over the last 6 months. Cameron Perks, IM correspondent and consultant, investigates at this year’s IDC Technologies Lithium Battery Conference held in Sydney, Australia.

  • Lithium price unimportant to lithium battery market

    27 May 2016

    Whether the price of lithium triples or drops down to zero, the price of Li-ion batteries is unlikely to fluctuate greatly, according to university research. This is an important finding for producers, who are hoping that lithium prices will continue to rise.

  • Neometals: Spodumene has a major role to play

    27 May 2016

    IM Correspondent, Cameron Perks, spoke to Chris Reed, managing director of ASX-listed lithium mining company, Neometals, at the IDC Technologies Lithium Battery Conference in North Sydney, Australia this week about the company's expectations for lithium.

  • Price Briefing 20-26 May 2016

    27 May 2016

    Chinese producers push up TiO2 prices once again; lithium participants disagree on price predictions.

  • Bauxite Resources to explore Australian lithium option

    25 May 2016

    The Australian bauxite miner is looking at possibilities to branch out into lithium.

  • China needs to exploit own lithium reserves for EV - BYD

    25 May 2016

    Industry commentators in China last month underlined that more domestic lithium resources are needed to support the vehicle electrification boom.

  • Lithium 2016: This time it’s different?

    25 May 2016

    While hyperbole risks lithium becoming another graphite, rare earths or uranium, with a spike followed quickly by a crash, some factors set this market apart.

  • Lithium 2016: Questions raised over FMC hydroxide ramp up

    25 May 2016

    The doubts relate to FMC’s access to the lithium carbonate volumes necessary for a ramp up of its lithium hydroxide output announced yesterday. The company has insisted it has the necessary resources, however.

  • CORFO requests another arbitration hearing with SQM

    24 May 2016

    The very public, very emotive, spat between state-run CORFO and SQM continues with a latest twist in proceedings. The separate arbitration hearing is, SQM claims, simply a means to correct an omission on the part of CORFO in the original document. However, it provides a chance for the lithium miner to once again underline its disagreement with the original claims.

  • FMC to triple lithium hydroxide output

    24 May 2016

    The US-based lithium manufacturer is increasing its production by 300% in the next three years to meet fast-growing demand for battery products from the automotive industry.

  • A rocketing opportunity: technical ceramics and SiC take off in aerospace

    21 May 2016

    Boeing developing a CMC nozzle; NASA using SiC CMC components; minerals in aerospace – a growing opportunity?

  • Price Briefing 13 – 20 May 2016

    20 May 2016

    Spodumene prices set to follow lithium carbonate up; increased steel output boosts metspar prices.

  • SQM boosted by 30% lithium price rise in Q1

    19 May 2016

    Overall income for Chilean lithium, potash, iodine and nitrates producer Sociedad Quimica y Minera SA (SQM) fell by 18% y-o-y, the result of weaker potash and iodine prices. A significant price rise in lithium coupled with increased volumes saw this sector post strong results, however, as demand for the battery mineral continues to rise.

  • Spodumene prices set to rise as Galaxy brings material to open market

    19 May 2016

    Previously sluggish, the entry of new players into the spodumene market should shift the price of the lithium ore upwards, tracking those of lithium carbonate and hydroxide. Operations at Galaxy Resources’ Mount Cattlin and Reed Industrial Minerals’ Mount Marion will begin shipments later this year, with the former being sold onto the open market.

  • Nissan announce Li-ion breakthrough

    16 May 2016

    A new analysis method developed by Japanese automaker, Nissan Motor Co. will boost the performance of lithium-ion (Li-ion) batteries and extend the driving range of electric vehicles, the company said.

  • Albemarle considering sale of $3bn business unit

    16 May 2016

    As part of efforts to pay off the $6bn expense involved in its move into the lithium business through its purchase of Rockwood Holdings Inc., US chemicals producer Albemarle is exploring the sale of its Chemetall business unit. The mooted divestment – reported by Bloomberg – would further hone Albemarle’s focus on its lithium business.

  • Questions raised over continued lithium price rise

    12 May 2016

    Perspectives on demand-supply balance in the lithium market continue to drive debate as spot and contract prices maintain their upward trajectory.

  • Price Briefing 5-12 May 2016

    12 May 2016

    Battery markets look bullish, while oilfield sector lags.

  • Lithium Australia to shift away from graphite with project sales

    11 May 2016

    Recently rebranded from Cobre Montana NL to reflect its concentration to on lithium, ASX-listed Lithium Australia NL now plans to divest its graphite assets to hone its focus on its namesake mineral.

  • Albemarle Q1 lithium revenue up 19%

    11 May 2016

    Albemarle Corp., the Louisiana, US-based lithium major, has reported a year-on-year (y-o-y) lithium sales increase of 19% as it seeks to position itself to absorb 50% of incremental growth in lithium demand over the coming years.

  • Chinese Do-Fluoride sees 2015 profit surge as EV demand grows

    11 May 2016

    China-based Do-Fluoride reported an 828% increase in net profit as demand for its lithium products skyrocketed with increased uptake of EVs. The company expects to increase capacity over the next year but supply is anticipated to be tight out to 2017 as demand will continue to outstrip production in China.

  • Toyota heralds breakthrough in magnesium battery technology

    06 May 2016

    Researchers at the Toyota Research Institute of North America (TRINA) claim advances in magnesium batteries may lead to their eventual replacement of lithium-ion. This process could take decades, however, if it happens at all.

  • Lithium contract prices unlikely to reach spot levels, insist market participants

    06 May 2016

    As the price of lithium continues to escalate on spot basis, buyers of lithium compounds have warned that should contract prices reach spot levels, it runs the risk of “killing electrification” and cannot be permitted to happen.

  • Tesla to up production five-fold by 2018

    05 May 2016

    Tesla has committed to increase the number of units it produces annually to 500,000 over the next two years, which would further fuel demand for lithium batteries in a tight market, as output forecasts for 2016 are maintained and car orders are growing.

  • SQM targets H1 2017 for Cauchari Olaroz construction

    05 May 2016

    The world’s largest producer of lithium from brines, Sociedad de Quimica y Minera SA (SQM) expects to bring online its joint venture Argentinian lithium project by 2019, with construction slated to begin in early 2017. The project is SQM’s first outside of Chile and comes as investment in Argentina has spiked following the election of centre-right president, Mauricio Macri.

  • Higher prices, lower costs push up FMC Lithium earnings

    03 May 2016

    US-based lithium major, FMC Corp. has reported an 8% increase in revenue contributions from the battery mineral for Q1 2016 compared to the equivalent period last year, a rise it attributes higher selling prices and cost-cutting measures.

  • Nemaska to produce 29,000 tonnes lithium concentrate by Q3

    02 May 2016

    TSX-V-listed Nemaska Lithium has purchased a new self-contained dense media separation portable mill which will be used to process a mine-representative bulk sample from its Whabouchi lithium mine in Quebec, Canada.