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The Latest Breaking News from lithium

‘Insane’ lithium price bump threatens EV fix for climate change

The price of the metal used in batteries for electric cars has risen six-fold since the start of the year.

Al Jazeera

Battery Power: New Super Battery For Electric Vehicles Can Withstand Extreme Temperatures

A new type of battery for electric vehicles can survive longer in extreme hot and cold temperatures, according to a new study.

Zenger

California Goes Ahead With Lithium Tax Despite Protests From EV Suppliers

California has approved a plan to tax the electric vehicle battery metal lithium to generate revenue for environmental remediation projects, Reuters reports. The tax is structured as a flat-rate per tonne and will go into effect in January. Funds generated from the tax will help restore the Salton Sea region from…

Benzinga

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Zijin Mining Pours $269 Million More Into Lithium Assets

Copper and gold mining giant continues strategic shift with plan to acquire 75% of Houdao Ming, owner of the Xiangyuan lithium project

Caixin Global

Investors warned against 'buying the dip' in market downturn as ASX drops 10pc for the year

"Buying the dip" is no longer an easy way for inexperienced traders to make money, according to a seasoned stockbroker, despite the ASX losing roughly $250 billion in the past year.

ABC News

Benzinga Before The Bell: Texas Giga Tesla's Output Ramp Up, California's Lithium Tax, Spot Bitcoin ETF Proposal Rejection And Other Top Financial Stories Thursday, June 30

Reuters Hyundai, Affiliates Plan To Set Up New Company In US:

Benzinga

California's Lithium Tax Could Upset GM, Stellantis' EV Ambitions

A proposed flat-rate tax on lithium produced in California's Salton Sea region will shelve the electric vehicle battery metal deliveries to General Motors Company (NYSE: GM) and Stellantis N.V. (NYSE:

Benzinga

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Cornish Lithium strikes deal with Rodda’s to explore heat energy project at creamery

The mineral exploration company will evaluate sites on the clotted cream brand’s land where geothermal lithium and heat could be developed on a commercial basis

Birmingham Post

Aptera Picks EVE Energy As Battery Cell Supplier For Its Solar EV

Aptera Motors says it has chosen EVE Energy's 21700 NMC 811 cylindrical cells because they are one of the lightest and most energy-dense available.

InsideEVs

Ford Motor Company provides loan to Liontown Resources to develop Kathleen Valley lithium mine

ASX-listed Liontown Resources signs a deal with US motoring giant Ford to develop a $545 million lithium mine to supply the metal used in electric vehicle batteries.

ABC News

The surprising revival of eastern Germany

Once a byword for economic decline, the region is being transformed into the centre of Europe’s electric car industry

Financial Times

Cornish Lithium secures further £9m from major shareholder

It is the second tranche of funding from investment firm TechMet into the Cornwall-headquartered business

Birmingham Post

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

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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…

The Conversation

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.

Benzinga

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

Volkswagen Group’s (OTC: VWAGY) U.S.

StockNews.com

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),…

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The Conversation

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…

ABC News

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.

StockNews.com

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.

Newcastle Herald

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.

ABC News

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.

Wales Online

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

Reuters

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.

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