China to Invest $2.8 Billion in Zimbabwe in Lithium
Chinese companies were awarded licenses in the third quarter that could see $2.79 billion of investment flow into Zimbabwe, mostly in mining and energy as the government pushes to develop some of Africa’s biggest lithium deposits and end power outages….
China’s BYD Eyes Lithium Assets In Brazil In EV Raw-material Push
BYD is mulling the purchase of lithium mining assets in Brazil as it seeks to lock in raw-material supplies to expand its electric vehicle (EV) production outside Asia. The Chinese company’s new EV factory in Brazil will include a unit…
World’s Largest EV Battery Maker To Buy A Lithium Miner
The world’s largest maker of electric-vehicle batteries has agreed to buy Canadian miner Millennial Lithium in a move to bolster its supply of key mineral lithium. Chinese battery maker Contemporary Amperex Technology (CATL) outbid rival Ganfeng Lithium‘s July C$353 million…
GM Moves To Secure Critical U.S.-Sourced Lithium For Electric Vehicle Batteries
General Motors is moving to secure U.S.-sourced lithium, a metal crucial to electric vehicle batteries, through a strategic investment and partnership with a company called Controlled Thermal Resources. GM announced the deal as a way to accelerate the adoption of…
Australian Lithium Miner Ready For ‘Dynamic Shift’ In EV Battery Supply Chain Amid US-China Tensions
Australian miner Hawkstone Mining has successfully produced battery-grade raw lithium at its Arizona mine that would be valuable to US critical mineral and battery supply chains amid a global race to step up security in key sectors. As the United…
India’s First-Ever Lithium Refinery Promises To Strengthen Country’s Electric Vehicle, Battery Push
India’s discovery of local lithium deposits has stirred considerable interest in the new year. For its lithium battery needs, India was relying on imports from China, Hong Kong, and Vietnam over the years. Last year, India’s state-owned Khanij Bidesh India…
India, Australia Will Gain From Expanded Trade Of Lithium Resources: High Commissioner Barry O’Farrell
Australia and India both gain from the promise of expanding trade in lithium resources, said the Australian High Commissioner, Barry O’Farrell. While speaking at a session of the Indo-Australian Chamber of Commerce on ‘Lithium: Powering a New Australia-India Partnership’, he…
Mercedes To Source Cobalt And Lithium With “Standard For Responsible Mining”
In future, Mercedes-Benz will only buy battery cells with cobalt and lithium from certified quarries. The Stuttgart-based automaker also intends to reduce the cobalt content of the next generation of battery cells to less than ten per cent and, in…
Lithium From California’s Salton Sea Can Anchor US Battery Supply Chain
Developing lithium from the Salton Sea in California can help anchor a multi-billion dollar domestic electric vehicle battery supply chain and inject thousands of jobs and billions of dollars into California’s economically disadvantaged Imperial Valley, according to a report. The…
Russia’s Uranium One Aims To Capture 10% Of Global Lithium Market By 2030
Russian state-owned mining group Uranium One Inc. plans to begin producing lithium in 2023 and to capture as much as 9% to 10% of the global market by 2030, the head of the country’s nuclear fuel distributor said in an…
