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May 2021
28 May 2021
Junior miner Lithium Americas has commenced development planning for a second-stage expansion of lithium production capacity at the Cauchari-Olaroz lithium project in Argentina, it said on Friday May 28.
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28 May 2021
The markets for the lithium complex in Asia were mostly steady over the week ended Thursday May 27, except for the domestic Chinese market for lithium carbonate, which was under pressure due to rising supply and weaker demand.
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27 May 2021
Experts from the battery value chain shared their understanding and insights into lithium price evolution and the new lithium futures contract during a Fastmarkets’ webinar on Tuesday May 25.
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27 May 2021
Battery manufacturers in China have aggressively cut their orders for lithium cobalt oxide (LCO) cathode materials in the second quarter, with the move weighing on lithium and cobalt prices, market sources told Fastmarkets.
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24 May 2021
Automotive manufacturer Ford Motor Co and South Korean energy conglomerate SK Innovation have signed a memorandum of understanding to create a joint venture to manufacture battery cells and energy storage arrays for electric vehicles (EVs) in the United States, Ford said.
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24 May 2021
German chemical conglomerate BASF will acquire a 51% stake in China’s Hunan Shanshan Energy (Hunan Shanshan), a Chinese maker of lithium-ion battery materials that serves the battery materials’ market, it said on Friday May 21.
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21 May 2021
Battery-grade lithium carbonate and hydroxide prices in China diverged over the week ended Thursday May 20, with the latter underpinned by persistent tight availability and robust demand in Asia.
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21 May 2021
A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the first quarter of 2021, taken from its quarterly update published on Wednesday May 19 and its earnings conference call on May 20.
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20 May 2021
The battery-grade lithium hydroxide price in the seaborne Asian market has been mostly at parity with its peer in the domestic Chinese market during May, with the former closely tracking the latter amid overall tight spot availability in the region.
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17 May 2021
Major Chinese lithium producer Ganfeng Lithium has signed a memorandum of understanding with Argentina’s Mining Ministry and Jujuy provincial state for the development of a lithium-ion battery factory in the north of the country, Argentina’s government announced on Friday May 14.
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14 May 2021
Lithium prices in the seaborne Asian market continued their strong upward trajectory over the week to Thursday May 13 while the equivalent domestic market in China calmed from the strong momentum in the first quarter of 2021, sources said.
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13 May 2021
Chinese automotive production and sales’ figures both increased year on year, which provided support for most upstream battery raw materials prices, the China Association of Automobile Manufacturers (CAAM) said on Thursday May 12.
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12 May 2021
The government of the Democratic Republic of Congo (DRC) has approved a draft inter-ministerial decree relating to the development of the Manono lithium and tin project by Australian miner AVZ, the company announced on Monday May 10.
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12 May 2021
A summary of United States-based lithium producer Albemarle’s results for the first quarter of 2021, as stated in its quarterly report published on Wednesday May 5.
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12 May 2021
Pilbara Minerals has signed a memorandum of understanding with Sydney-based technology company Calix Limited to jointly undertake a scoping study to evaluate a new refining process, the Australian lithium miner said on Tuesday May 11.
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10 May 2021
The global mineral industry will have to rapidly scale up production to meet surging demand from the new energy sector, the International Energy Agency (IEA) has warned.
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10 May 2021
China-based lithium producer Ganfeng Lithium has agreed to acquire Bacanora Lithium for up to £190 million ($264 million) via Shanghai Ganfeng, its wholly-owned subsidiary, according to a statement filed to the Shenzhen Stock Exchange on Friday May 7.
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07 May 2021
Construction work will restart in the near future at the Kniwana lithium hydroxide plant in Western Australia after Australia-based exploration and mining company IGO joined the venture at the end of 2020, a spokesperson at joint-owner Tianqi told Fastmarkets on Tuesday May 4.
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07 May 2021
The battery-grade seaborne Asian lithium carbonate market continued to post gains over the week on Thursday May 6 amid tight spot availability.
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07 May 2021
Chile’s lower house has voted to approve a controversial mining royalty bill that could see sales of copper taxed at a rate of more than 32%.
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07 May 2021
China-based lithium producer Ganfeng Lithium has agreed to acquire Bacanora Lithium for up to £190 million ($264 million) via Shanghai Ganfeng, its wholly-owned subsidiary, according to a statement filed to the Shenzhen Stock Exchange on Friday May 7.
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05 May 2021
Lithium miner Livent has resumed its plans for capacity expansion with lithium demand continuing to recover, and on Monday May 3 the US-based company announced increased first-quarter revenues.
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04 May 2021
The CME Group’s cash-settled lithium futures contract, which is settled against Fastmarkets’ assessment of the spot price for battery-grade lithium hydroxide in China, Japan and South Korea, was traded for the first time on Monday May 3.