Lithium is a key metal used in powering electric vehicles, and demand may increase alongside electric car sales. Canva Contents Why Is Lithium Important? Lithium is an important raw material used to p...
Tag: lithium
Chinese Lithium Giant Pulls EVs Deeper Into Forced Labor Glare
(Bloomberg) — A lithium producer for carmakers including BMW AG and Tesla Inc. is beginning work to assess battery metals projects in Xinjiang, deepening links between electric vehicle supply ch...
Shares of Tianqi Lithium slump around 10% in HK debut
Shares of Tianqi Lithium fell as much as 10% in their Hong Kong market debut Wednesday before closing flat. The stock fell as much as 11%, hitting a low of 72.65 Hong Kong dollars ($9.25). It later re...
Chinese Mining Billionaire To Invest $300 Million In Zimbabwe Lithium Project
A grinding mill installed at the Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe on … [+] January 11, 2022. Tafadzwa Ufumeli/Getty Images Shanghai-listed mining company Zhejiang ...
In the DRC, a Chinese-Australian battle for control of a massive untapped lithium lode
In the 20th century, the mining industry brought fortunes into the sleepy villages of Manono, a town in the southeast of the Democratic Republic of the Congo. Before independence in 1960, the Belgian ...
The Electric Vehicle Boom Has Turned Argentina Into A Lithium Hotspot
Energy companies are showing excitement for lithium, often referred to as white gold, just as they showed great enthusiasm for oil in its heyday, well aware that it’s going to be part of the vehicle r...
The Trouble With Lithium
(Bloomberg) — Elon Musk wants to mine it, China is scouring Tibet for it, battery makers are crying out for it. Lithium, the wonder metal at the heart of the global shift to electric cars, is in...
Top Lithium Miner Albemarle Boosts Outlook With Battery Demand Surging
(Bloomberg) — Albemarle Corp., the world’s largest producer of lithium, raised its outlook for the second time this month as tight supply and growing electric-vehicle demand forces battery maker...
Chinese, Australian Investors Battle for Largest Lithium Deposit
(Bloomberg) — Most Read from Bloomberg Australia’s AVZ Minerals Ltd. is battling to retain control of what is potentially the world’s largest untapped lithium deposit amid ownership claims from ...
Jim Cramer says investors should eye these two lithium stocks
CNBC’s Jim Cramer on Wednesday offered investors two lithium stocks he believes should be on their shopping lists. “Lithium is everywhere, people – it just takes at least eighteen months t...
Good Times Are Ahead for Lithium Miners as Prices Continue to Surge
(Bloomberg) — Good times are ahead for producers of lithium, the battery material that’s key to the electrification of transportation. Most Read from Bloomberg Albemarle Corp., the world’s No. 1...
Lithium Stocks; Livent Gains On Earnings, Outlook; Albemarle On Deck
Livent (LTHM) kicked off the earnings reporting season for lithium stocks after Tuesday’s close by zooming past expectations and massively raising full-year guidance. LTHM stock surged in after-...
Profit Falls At World’s Largest EV Battery Maker CATL Even As Sales Soar 136% In First Quarter
Solar panels stand in front of Contemporary Amperex Technology’s headquarters building in China in … [+] 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomberg Finance LP Rising global ...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Tesla CEOElon Musk speaks at the opening of the electric carmaker’s Giga Texas plant on April 7, 2022 in Austin. AFP via Getty Images Tesla Inc., the world’s leading producer of electric vehicle...
Why Elon Musk wants Tesla to start mining lithium — Quartz
Individual recruitments at big companies like Tesla don’t ordinarily attract outside attention. But when, in mid-April, an exploration geologist announced on LinkedIn that he’d left Rio Tinto to join ...
Rising Lithium Prices Could Stop The EV Revolution – Or Could They?
One of the guiding principles of the belief that electric vehicles will take over from internal combustion is the falling cost of batteries. From a pack price of around $1,200 per kWh in 2010, the pri...
Fake Tesla Release Sends Lithium Miner’s Stock on a Wild Ride
(Bloomberg) — Shares of Lithium Corp. whipsawed on Wednesday after an inauthentic press release circulated claiming electric-vehicle giant Tesla Inc. had acquired the Nevada-based miner. Most Re...
CBDC plans revived post DTCC shares prototype ‘Project Lithium’
CBDC project takes shape with prototype ‘Project Lithium’ It aims to make settlement of cash easy in real time in bilateral transactions The prototype will be based on DLT and will try ascertain the ...
Clearing service DTCC pushes ahead with CBDC prototype ‘Project Lithium’
The Depository Trust & Clearing Corporation (DTCC) said on Tuesday that it is set to develop a prototype of how a central bank digital currency (CBDC) might work in the US in practice. The corpor...
Electric vehicle targets ‘impossible’ without changes to lithium pipeline
Battery manufacturers are confronting a severe lithium shortage, highlighting the need to challenge China’s dominance of raw material supply chains, an Australian lithium producer has warned. Stuart C...
Elon Musk The Miner? Tesla Founder Implies It Could Happen
TOPSHOT – CEO of Tesla Motors Elon Musk speaks at the Tesla Giga Texas manufacturing “Cyber Rodeo” … [+] grand opening party on April 7, 2022 in Austin, Texas. – Tesla we...
Telsa may have get into mining, refining lithium directly
Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla’s “Gigafactory” on March 22, 2022 in Gruenheide, southeast of Berlin. Patrick Pleul | AFP | Getty I...
LITHIUM CHILE INC Welcomes Signing of Definitive Agreement with Monumental Minerals Corp to Jointly Develop Lithium Chiles Laguna Blanca Property
Calgary, Alberta –News Direct– Lithium Chile Inc. Lithium Chile Inc. CALGARY, ALBERTA – TheNewswire – March 31, 2022 – Lithium Chile Inc. (TSXV:LITH) (OTC:LTMCF) (“Lithium Chile” or ...
Here’s How to Ride the Wave With Lithium Manufacturer Livent
News broke Wednesday afternoon. It appears that President Biden is preparing to invoke the Defense Production Act to help improve U.S. availability of lithium, nickel, cobalt, graphite, and manganese....
Deglobalization Creates Opportunity For Nevada-Based Lithium Miner
Lithium Mine. (Photo by Pablo COZZAGLIO / AFP) (Photo by PABLO COZZAGLIO/AFP via Getty Images) AFP via Getty Images The war in Ukraine is shrinking the world. De-globalization, an anathema only a deca...