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The Latest Breaking News from lithium

Stellantis investment makes it 2nd largest shareholder in lithium supplier

Jeep maker Stellantis NV is investing nearly $53 million (50 million euro) into its European lithium partner in an effort to create a reliable supply chain of the critical mineral for electric-vehicle batteries.

Tribune News Service

Benzinga Before The Bell: Gun Safety Bill. Bill Gates North Dakota Outrage, Sanofi-GSK's Covid-19 Vaccine's Omicron Efficacy And Other Top Financial Stories Friday, June 24

Reuters

Benzinga

Stellantis Makes €50M Equity Investment In Lithium Company Vulcan Energy Resources

Stellantis NV (NYSE:STLA) has made a €50 million (A$76 million) equity investment in Vulcan Energy Resources Ltd (OTC:VULNF) and has extended its original binding offtake agreement to ten years. Vulcan is a lithium producer and intends to produce a battery-quality lithium hydroxide chemical product from its combined geothermal energy and lithium resource in Germany. The investment…

Benzinga

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Nigeria's latest lithium find: some key questions answered

High-grade lithium has been discovered in Nigeria. In 2019 the total production volume of lithium, not high grade, in Nigeria reached 50 metric tons This is small compared to Zimbabwe which produced 1,200 metric tons the same year. The Conversation Africa’s Wale Fatade asked geologist Ibrahim Garba for his insights.

The Conversation

Volkswagen Says US Could Face Many Challenges To Ramp Up EV Battery Output

Volkswagen Group’s (OTC: VWAGY) U.S.

Benzinga

4 Companies That Are Integral Parts of the EV Supply Chain

The Electric Vehicle (EV) industry is expected to register solid growth in the coming years owing to an increased focus on sustainable transportation and favorable government initiatives. Given this backdrop, we think companies that are an integral part of the EV supply chain Albemarle (ALB), Vale S.A. (VALE), Freeport-McMoRan (FCX),…

StockNews.com

Eco-friendly tech comes with its own environmental costs: that's why it's vital to cut energy demand now

If we want to keep global temperature rise below 1.5 or even 2℃, we’ll need a monumental shift in how our energy and transport systems work. The International Energy Agency has declared that millions of solar panels, wind turbines and electric vehicles (EVs) will need to be made and deployed…

The Conversation

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Albemarle lithium plant staff exposed to potentially acidic dust amid WorkSafe investigation

The ABC understands the workers required medical attention following a health and safety incident, as the state's workplace safety watchdog continues to investigate the Bunbury plant.

ABC News

Does Lithium Americas Deserve a Place in Your Portfolio?

Shares of development-stage lithium producer Lithium Americas (LAC) gained momentum over the past year, given the raw material supply shortage. However, with no revenues and negative profit margins, is LAC an ideal investment now? Let’s find out.

StockNews.com

50 evacuated from Lake Macquarie battery factory after fire breaks out

The flames were contained to two large lithium batteries that firefighters estimated were about 1.5 cubic metres in size.

Newcastle Herald

Electric cars could get cheaper as a crucial component in them drops in price

The cost of electric cars could start to fall, with the price of a core component in EV batteries expected to reduce, according to Credit Suisse analysts.

ABC News

Millions of Brits leave batteries lying around - and have caught kids playing with them

Swallowing a lithium coin cell battery can cause a life-threatening chemical reaction within two hours - and proves fatal to at least two children a year

Wales Online

Savannah says Portugal lithium mine delayed by 'political process'

Savannah Resources said on Wednesday it had little control over what it described as the political process which is delaying its extraction plans for what could become western Europe's largest lithium mine in northern Portugal.

Reuters

Firm driving plans for UK's first lithium hydroxide plant attracts London brokers to North East

Tees Valley Lithium has shown London brokers VSA Capital and Shard Capital sites which are key to the ambitious plan

Birmingham Post

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InsideEVs

Stellantis And LGES Battery JV Named NextStar Energy

Stellantis and LG Energy Solution (LGES) announced that their battery gigafactory joint venture in Windsor, Ontario will be named NextStar Energy Inc.

ABC News

Albemarle Bunbury lithium plant given improvement notice over health and safety concerns

WA's occupational health and safety watchdog takes action against the majority US-owned Albemarle lithium hydroxide facility near Bunbury.

Tribune News Service

Stellantis secures lithium supply for North American EVs

Jeep maker Stellantis NV has signed a binding agreement with a lithium hydroxide supplier to provide the mineral for North American electrified vehicle production, the automaker said on Thursday, just as its CEO warns about possible battery shortages in the future.

InsideEVs

How China's Lithium Leverage Impacts Tesla And Other EV Makers

China’s jump on raw materials for EV minerals will make it hard for other countries to compete, and most lithium is mined, refined and processed by China.

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Benzinga

Warren Buffett-Backed BYD Plans To Buy 6 African Lithium Mines: Here's How Many EVs They Can Cater To

China's BYD Co (OTC: BYDDY) is looking to acquire six lithium mines in Africa, CnEVpost said on Tuesday, citing a source-based

The Conversation

Tapping mineral wealth in mining waste could offset damage from new green economy mines

To go green, the world will need vast quantities of critical minerals such as manganese, lithium, cobalt and rare earth elements. But to some environmentalists, mining to save the planet is a hard pill to swallow if it leads to damage to pristine areas.

InsideEVs

CATL Batteries To Be Used By Europe's Top Electric Bus Maker Solaris

CATL, which is the world's largest lithium-ion battery supplier for EVs, announced another customer for its flagship LFP battery cells and CTP technology.

Benzinga

Cash-Rich Ganfeng Lithium Sees Tasty Diversification in Smaller Rare Metals Producer

Key Takeaways: Ganfeng Lithium will pay HK$240 million for 16.7% of Ximei Resources, a producer of tantalum and niobium. Purchase will diversify Genfeng’s business, and make use of its fat profits built on skyrocketing lithium prices By Andrew Curran

ABC News

Albemarle Bunbury lithium facility facing workplace safety investigation after complaints

The workplace has been described by a union as a "21st century facility with a 19th century workplace safety culture", but the facility's majority owner says safety is the company's top priority.

ABC News

NT farmers worried about the race to renewables and lithium exploration in the Top End

Pastoralists facing the prospect of a new Northern Territory mining push to get the metals needed for renewable energy batteries fear their environmental concerns will be ignored.

Reuters

Legendary lithium riches from Bolivia's salt flats may still just be a mirage

On Bolivia's Salar de Uyuni, a vast white salt flat that feels almost otherworldly, Karina Quispe is watching from the sidelines a global resource race for the world's largest - and almost untapped - trove of battery metal lithium.

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