Chinese Top Lithium Producer Ganfeng Jumps on Tesla Deal

Shares of Chinese top lithium producer Ganfeng Lithium (SHE:002460) jumped more than 10 percent on Friday (September 21) after the miner signed a supply deal with electric car maker Tesla (NASDAQ:TSLA). Ganfeng said it will supply lithium hydroxide products for Tesla’s batteries from 2018 to 2020, but the deal could be extended by three years. […]

LSC Lithium Announces Pump Test Results from its Pozuelos-Pastos Grandes Project

LSC Lithium (TSXV:LSC) is pleased to announce that it has received encouraging pump test results from a 7-day continuous pump test at its Pozuelos-Pastos Grandes project. As quoted in the press release: LSC’s President and CEO, Ian Stalker, noted, “These results exceeded our expectations of the potential of the Pozuelos depo centre. LSC is currently undertaking a […]

SQM, Kidman Resources’ Mount Holland Lithium Plans Face Legal Hurdle

Plans to develop the Mount Holland hard-rock lithium project by Australia-based Kidman Resources (ASX:KDR) and its partner, top lithium producer SQM (NYSE:SQM), may be delayed after a recommendation by a unit of the Western Australian government that regulates mining leases. Companies holding mining tenements in Western Australia have a responsibility to spend a certain amount […]

Savannah Upgrades Lithium Resource for Mina do Barroso

Diversified miner Savannah Resources (LSE:SAV) has increased the resource estimate for its Mina do Barroso lithium project in Portugal by 44 percent, the company announced on Monday (September 10). The overall mineral resource estimate for the asset now stands at 20.1 million tonnes at 1.04 percent lithium oxide for 209,000 tonnes of contained lithium oxide, […]

Altura Mining Opens Pilgangoora Lithium Project in Western Australia

Australia-based Altura Mining (ASX:AJM) has officially opened its Pilgangoora lithium mine in Western Australia. The project has a production capacity of 220,000 tonnes per year of spodumene concentrate, although the company has already completed a definitive feasibility study to expand the project to 440,000 tonnes per year. Altura is in a strong position to benefit […]

5 Top Weekly TSXV Stocks: Standard Lithium Posts Good Lab Results

The S&P/TSX Venture Composite Index (INDEXTSI:JX) was up on Friday (August 31), rising 2.80 points to 723.22, or 0.39 percent. Lots of Canadian news last week. There’s a soured mood around negotiations between the US and Canada over NAFTA wrangling, which US President Donald Trump said would be “totally on our terms,” but Ottawa has […]

Orocobre Set to Meet Long-term Increase in Lithium Demand

Lithium producer Orocobre (ASX:ORE,TSX:ORE) released its full-year financial results on Tuesday (August 28), saying it was well positioned to meet the expected long-term increase in lithium demand. The Australia-based miner posted record sales price of US$ 12,578 per tonne free on board for lithium carbonate produced at its Olaroz facility in Argentina. The company said […]

Galaxy Signs $280-million Deal with POSCO for Argentina Lithium

Galaxy Resources (ASX:GXY) has reportedly agreed to sell lithium-mining rights in Argentina to South Korean steelmaker POSCO (NYSE:PKX) through a $ 280-million deal. According to Reuters, a Monday (August 27) statement from POSCO shows that the company also plans to build a plant in Argentina. It intends to produce 25,000 tonnes of lithium carbonate per year over […]

MGX Minerals Announces Appointment of Lithium Process Design Expert Dr. Vuay Mehta to Oversee Lithium Upgrading and Commercial Scale Up

MGX Minerals (CSE:XMG) and engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to announce the engagement of Dr. Vuay Mehta, former Process Development Technology Leader at FMC Lithium Corporation, to oversee final phase product upgrading and commercial scale-up operations for the Company’s rapid lithium brine extraction technology. Dr. Mehta will also oversee Hatch Engineering’s scale-up of the […]

Tianqi Lithium Set to Raise US$1 Billion in Hong Kong IPO

Top lithium producer Tianqi Lithium (SZSE:002466) is seeking to raise up to US$ 1 billion in an initial public offering (IPO) in Hong Kong to fund its recent purchase of a 24-percent stake in SQM (NYSE:SQM). The Chinese company filed plans to list on the Hong Kong Stock Exchange on Friday (August 17). In the […]

5 Top Weekly TSX Stocks: Lithium Americas Trends Higher

The S&P/TSX Composite Index (INDEXTSI:OSPTX) fell by 16.55 points, or 0.1 percent, to 16,209.1 at the beginning of the trading day on Friday (August 17). By midday, Canada’s main exchange had regained the 26 points and continued to make gains, sitting at 16,250.21 at 11:24 a.m. EST. Anticipation that the 3-percent annual inflation rate would […]

Advantage Lithium Releases Positive PEA for Cauchari JV

Vancouver-based Advantage Lithium (TSXV:AAL) has published a positive preliminary economic assessment (PEA) for its Cauchari joint venture (JV) project in Jujuy, Argentina, the company announced on Tuesday (August 14). The company’s flagship project, which Advantage Lithium is developing in partnership with lithium producer Orocobre (ASX:ORE,TSX:ORE), has a mine life of 25 years, including a three-year […]

Bold Ventures Acquires Additional Ground at J&B Lithium Project

Bold Ventures Inc. (TSXV: BOL) (“Bold” or the “Company”) is pleased to announce the acquisition of 28 mining claims that comprise approximately 503 hectares or 1242 acres. These claims are located contiguous to the Company’s Jean claim group that is part of Bold’s J&B Lithium Project. The subject claims are also contiguous to and on […]

Ganfeng Buys SQM’s Stake in Lithium Americas’ Argentina Project

Vancouver-based Lithium Americas (TSX:LAC,NYSE:LAC) has signed a strategic deal with Ganfeng Lithium (SZSE:002460) to further develop its Cauchari-Olaroz brine project in Argentina, the company announced on Monday (August 13). Under the deal, the top Chinese lithium producer will purchase SQM’s (NYSE:SQM) 50-percent interest in the project for US$ 87.5 million in cash plus a deferred payment […]

Lithium Supply and Markets Conference 2018 Round-Up

This year’s Lithium Supply and Markets conference in Las Vegas had plenty of presentations, panel discussions and experts willing to share their knowledge with an eager audience. The Investing News Network (INN) kept busy at the event, which ran from June 26 to 28, engaging with companies, attending panel discussions and of course interviewing industry […]

Lithium, Copper to Drive Australian Commodities Exports

In its latest Statement on Monetary Policy, the Reserve Bank of Australia says it’s betting that lithium and copper will drive growth in the country’s commodities exports in the next few years. Exports of bauxite, zinc and nickel are also expected to contribute, with the bank identifying the electric vehicle revolution and a “broad increase […]

SQM Set to Become World’s Top Lithium Producer by 2022

Chile’s SQM (NYSE:SQM) is on track to become the world’s top lithium producer by 2022, increasing capacity and overcoming competitor Albemarle (NYSE:ALB), the company said on Wednesday (August 8). According to SQM Vice President Daniel Jimenez, the company capacity increases at its Chile operations, together with new projects in Australia and Argentina, would help put […]

Simon Moores: Challenges and Opportunities in the Lithium Market

At this year’s Lithium Supply and Markets conference in Las Vegas, the Investing News Network had the chance to catch up with Simon Moores, managing director at Benchmark Mineral Intelligence, who shared his insight on the lithium market. Speaking about current challenges in the lithium sector, Moores said bringing new supply into the market is […]

Albert Li: The Current State of the Lithium Market in China

At this year’s Lithium Supply and Markets conference in Las Vegas, the Investing News Network had the chance to catch up with Benchmark Mineral Intelligence analyst Albert Li, who shared his insight on the lithium market in China. Li, who is focused on market research, price assessments and trends in China, said there are political […]

MGX Minerals Announces Mobilization for Drilling at Kibby Basin, Nevada Lithium Brine Project

MGX Minerals (CSE:XMG) is pleased to announce the engagement of Harris Exploration Drilling and Associates Inc. (“Harris Drilling”) for drilling on the Kibby Basin, Nevada lithium brine property (“Kibby Basin” or the “Property”).  MGX is partnered with Belmont Resources (TSX-V: BEA) on the Property and is currently earning a 50% interest for the purpose of […]

Andy Leyland: Lithium Hydroxide Demand and Oversupply Worries

At this year’s Lithium Supply and Markets conference in Las Vegas, the Investing News Network had the chance to speak with Andy Leyland, Head of Forecasting at Benchmark Mineral Intelligence. Leyland talked about how lithium prices have performed this year and what he expects going forward. “We have seen some softness in prices, [but] the […]

Piedmont Delivers Scoping Study for North Carolina Lithium Project

A new scoping study from Piedmont Lithium (ASX:PLL,NASDAQ:PLLL) shows its lithium project in North Carolina will be able to produce 22,700 tonnes of lithium hydroxide per year. The Piedmont project, which is set to have an initial 13-year mine life, will be developed in two stages to minimize upfront capital requirements and start-up risk. According […]

Andrew Miller: Lithium Deals, China’s Conversion Capacity and Prices

It’s been an interesting year so far for the lithium market, with many project developments, deals and forecasts impacting investor sentiment. As a result, many lithium-focused investors are wondering what’s next for the market? At this year’s Lithium Supply and Markets conference in Las Vegas, the Investing News Network had the chance to catch up […]

Savannah Reports Extended Lithium Discovery in Portugal

Savannah Resources (LSE:SAV,SWB:SAV) has released further encouraging results from the ongoing reverse circulation (‘RC’) and diamond drill (‘DD’) programme at the Mina do Barroso lithium project, located in Portugal. A total of 181 holes for 15,345m have now been drilled to date across three primary targets of Grandao, Reservatorio and NOA. Savannah is a diversified […]

Ken Hoffman: Lithium Market Myths, Prices and What’s Ahead

Speaking with the Investing News Network (INN) at this year’s Lithium Supply and Markets conference in Las Vegas, Ken Hoffman, basic materials expert at McKinsey & Co., talked about the myths in the lithium market, prices and what’s ahead. “I think the biggest myth that people miss is that there is not one lithium price. […]

Far Resources Announces Maiden Resource for Dyke 1 at Zoro Lithium Property, Snow Lake, Manitoba

Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) (“Far Resources” or the “Company”) is pleased to announce it has received the first ever resource estimate for Dyke 1 on its Zoro Lithium Property located in mining friendly Manitoba. Dyke 1 contains an inferred resource of 1,074,567 tonnes grading 0.91% Li2O, 182 ppm Be, 198 ppm Cs, […]

Howard Klein: The Real Turning Point for Lithium Will Happen After 2025

At this year’s Lithium Supply and Markets conference in Las Vegas, the Investing News Network had the chance to catch up with Howard Klein, founder of RK Equity and author of the Lithium-ion Bull newsletter, to discuss the current trends in the lithium sector. “Demand continues to be strong and supply is just not as […]

Nemaska Signs Lithium Offtake Deal with LG Chem

Canadian miner Nemaska Lithium (TSX:NMX) has signed an offtake agreement with Korean company LG Chem (KRX:003550) to supply battery-grade lithium hydroxide, the company announced on Tuesday (July 3). Under the agreement, the company will supply LG with 7,000 tonnes per year of lithium hydroxide produced at its commercial plant in Shawinigan. The deal is for […]

Infinite Lithium Discovers Four New Lithium Pegmatites at the Jackpot Project, Ontario – Lithium Mineralization Much More Extensive than Originally Anticipated

Infinite Lithium Corp (“Infinite” or the “Company”) (TSXV:ILI) (37NN–FRANKFURT) (OTCQB:ARXRF) is pleased to announce that an ongoing prospecting and geological mapping program on the Jackpot Lithium property (the “Property”), located in the Georgia Lake Area, Thunder Bay mining division, Ontario, has resulted in the discovery of multiple new lithium-bearing pegmatite dikes. This work augments the ongoing […]

Lithium Supply and Markets Conference: Notes From the Floor

This year’s Lithium Supply and Markets conference in Las Vegas just wrapped up, and by all accounts it was full to the brim. The Investing News Network (INN) editorial team kept busy at the event, which run from June 26th until June 28th, engaging with companies, attending panel discussions and of course interviewing industry experts. […]