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Sigma Lithium CEO won't sell the company at current lithium prices

By: Reuters     5th April 2024 Sigma Lithium's chief executive won't sell the miner at current lithium price levels and is concentrating on its near-term expansion plans, she told Reuters in an interview. The Vancouver-based company, whose main business is a hard rock lithium project at Brazil's Grota do Cirilo, started... 

Sigma Lithium receives letter of arbitration from LG Energy Solution

By: Reuters     20th March 2024 Sigma Lithium said on Tuesday its unit received an initiation letter of arbitration from South Korean company LG Energy Solution. In its request for arbitration, LG Energy alleges that Sigma Lithium is in breach of certain provisions in connection to a lithium supply agreement entered in 2021. 

Economy chief says Chile’s lithium products likely to get US subsidies

By: Bloomberg     18th March 2024 Chile is betting that components made with its lithium will qualify for subsidies under the US Inflation Reduction Act, potentially attracting a wave of fresh investment from companies seeking to tap into the country’s vast reserves of the battery metal. Economy Minister Nicolas Grau, who... 

Posco to import African battery graphite to cut China reliance

By: Bloomberg     22nd February 2024 Posco Future M Co, which produces battery materials for companies including General Motors Co, is preparing to import graphite from Africa to reduce its dependence on supplies from China. “Graphite is the most troubling part when making batteries,” CEO Kim Jun-hyung told reporters on Thursday.... 

Electra receives govt grant for Ontario cobalt sulphate refinery

By: Creamer Media Reporter      12th February 2024 The Canadian government made a $5-million investment to support the construction of North America’s first cobalt sulphate refinery, dual-listed Electra Battery Materials reported on Friday. The investment will be provided in the form of a grant from the Federal Economic Development Initiative... 

Pilbara extends Chengxin offtake agreement

By: Creamer Media Reporter      7th February 2024 Australian lithium producer Pilbara Minerals has extended its offtake agreement with integrated lithium chemicals producer Chengxin Group. Under the existing short-term agreement, signed in 2023, Pilbara will supply 70 000 t of spodumene concentrate from the Pilgangoora operation in the 2024... 

First product from Syrah’s US anode plant imminent

By: Mariaan Webb     31st January 2024 The 11 250 t/y active anode material (AAM) facility that graphite miner Syrah Resources is building in the US is about to produce its first finished product. The company, which owns the Balama graphite mine in Mozambique, has experienced some delays at the Vidalia project, following... 

Tianqi, LG, Eramet explore lithium options in Chile meetings

By: Bloomberg     8th January 2024 Some of the biggest players in the global battery supply chain held meetings with Chilean authorities late last year as the country with the biggest reserves of lithium gets ready to open up new extraction areas. Tianqi Lithium and LG Energy Solution sat down with officials in December, while... 

Liontown locks in port services deal for Kathleen Valley exports

By: Creamer Media Reporter      4th December 2023 Australian lithium company Liontown Resources has put in place the final link in securing its supply chain for the export of lithium ore from its Kathleen Valley project, in Western Australia, with a port access and services agreement with Mid West Ports Authority (MWPA). The agreement will... 

Canada's support for EV battery plants to cost C$5.8bn more than announced - watchdog

By: Reuters     20th November 2023 Canada's support for the construction of three of the country's largest electric vehicle (EV) battery manufacturing factories is estimated to cost C$5.8-billion more than initially announced, the country's independent budgetary watchdog said on Friday. Canada, home to a large mining sector for... 

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