Lithium latest news

  • January 2017

    Mt Marion's spodumene shipment delayed to February

    31 January 2017

    Lithium concentrate will be loaded aboard a ship at Kwinana this week.

  • Orocobre ups lithium output as price falls

    30 January 2017

    Production of lithium carbonate at Olaroz increased in the December quarter although logistical hurdles affected overall revenues.

  • Price briefing 20-26 January

    27 January 2017

    Trading activities in many minerals are expected to stall in the next two weeks during Chinese New Year, but lithium prices could rise in Q2. TiO2 may also see further increases, as bauxite and fused alumina remain firm on supply shortage.

  • Lithium market quietens ahead of Chinese New Year

    26 January 2017

    A lull period is expected now that annual deals have been settled and as the Chinese spot market quietens for the Spring Festival. China’s new EV subsidy policy may push prices up from Q2, however.

  • Albemarle continues lithium expansion

    26 January 2017

    Albemarle has amended its production agreement for lithium in Chile, allowing the company to up output of technical and battery grade lithium salts.

  • US calls for tighter Li-ion standards following Samsung recalls

    25 January 2017

    Days after Samsung revealed the cause of overheating and fires in some of its mobile devices, the US consumer safety watchdog has called for heightened safety regulations on lithium-ion batteries.

  • Samsung releases details of faulty Galaxy Note 7 batteries

    24 January 2017

    As Samsung releases details of what led the lithium-ion batteries in its Galaxy Note 7 phone to explode, there is unlikely to be adverse effects on either lithium-ion or lithium demand.

  • INTERVIEW: LAC pushes forward into lithium market

    20 January 2017

    Following the securing of substantial funding to progress his company’s Cauchari-Olaroz lithium project, Lithium Americas’ CEO Tom Hodgson spoke to IM about the state of the market and the junior’s next moves.

  • Codelco begins search for lithium partners

    20 January 2017

    The Chilean copper producer is seeking expressions of interest for companies to jointly develop the Pedernales and Maricunga salars. The bidding window will last for two weeks.

  • Petroleum refiner backs LAC with $112m funding

    20 January 2017

    The lithium junior announced its second major partnership deal in less than a week, with Bangchak Petroleum coming on board as investor, creditor and offtaker.

  • Price briefing 13-19 January

    20 January 2017

    Trading is starting to slow down due to the Chinese New Year holiday, business in chromite is stalling but some restocking ahead of the holiday has lifted antimony trioxide prices; titanium dioxide prices continued the uptrend seen in 2016.

  • UK exploration start-up looks to tap Cornish lithium brines

    19 January 2017

    Cornish Lithium, a new company set up by a former mining analyst, is hoping to capitalise on both booming demand for lithium and the Poldark effect on investor enthusiasm for reviving mining in the UK’s remote southwest tip.

  • Pilbara awards construction contract for Pilangoora

    19 January 2017

    Commissioning of spodumene plant expected in Q4 2017 following EPC contract award.

  • Ganfeng invests $174m in LAC

    19 January 2017

    The investment adds another lithium major to the Cauchari-Olaroz project, with both Ganfeng and SQM now playing roles in advancing Lithium Americas' Argentinean project.

  • SQM to pay $30m fine to US authorities over political payments

    16 January 2017

    Chilean lithium producer to settle investigation, paying penalty and accepting filing of deferred charges.

  • Price Briefing 6 -12 January

    13 January 2017

    Graphite and magnesia prices fall after the cancellation of export duty, while antimony trioxide price increase on restocking. Despite rising raw material costs, calcined alumina prices remained largely unchanged.

  • Mt Marion spodumene to leave Australia by end January

    12 January 2017

    Lithium concentrate will leave Kwinana for Zhangjiagang by the end of the month.

  • Umicore acquires NMC patents from 3M

    11 January 2017

    The battery maker has taken ownership of electric vehicle-focused cathode material patents from its former licenser as the market for battery-powered automotives heats up.

  • Albemarle to pay Chile royalties on lithium sales

    10 January 2017

    The terms of the lithium producer's expansion deal reveal a progressive commission system payable to the Chilean state, reaching heights of 40% for material sold at a price of over $10,000/tonne LCE.

  • Samsung unveils Li-ion EV battery with 20 minute charge time

    10 January 2017

    Battery maker hopes new product, which gives vehicles a 600km driving range with fast charge capability, will contribute to widespread EV adoption. Mass production is planned from 2021.

  • New Chinese EV subsidies may boost local lithium prices

    09 January 2017

    The introduction of a new government support programme ends the period of uncertainty which followed an investigation into "cheating” on the previous framework.

  • China reaps rewards from Li-ion battery exports

    06 January 2017

    The value of lithium-ion batteries coming out of China continued to increase in late 2016. Lithium carbonate imports, meanwhile grew in Q4.

  • Tesla begins gigafactory battery production

    05 January 2017

    Facility to produce “nearly as much as the rest of the entire world’s battery production combined” by 2018, according to Tesla.

  • Albemarle receives approval for Chilean lithium expansion

    04 January 2017

    Following the completion of the Jiangli New Materials acquisition, Albemarle has amended its production agreement for lithium in Chile, allowing the company to up output of technical and battery grade lithium salts.

  • Galaxy’s first lithium shipment leaves for China

    04 January 2017

    The delivery marks the full restart of operations at the Mt Cattlin mine and processing plant for lithium concentrate production, which is expected to reach 160,000 tonnes this year.

  • Albemarle buys Chinese lithium salts production assets

    03 January 2017

    The acquisition of Jiangli New Materials will add 15,000 tpa lithium sales capacity to Albemarle’s repertoire, while expansion work underway at the new facilities could add up to 25,000 tpa in lithium hydroxide production by 2018.

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