lithium

Massive Lithium Discovery in California: Opportunities for US Supply

19 days ago

A recent discovery of vast lithium reserves in California may significantly impact the future of the supply of this metal in the United States. This news represents a breakthrough in the extraction and production of lithium, a key component for batteries used in electric vehicles and other high-tech devices. Preliminary estimates suggest that the reserves found near Redding could be among the largest lithium deposits in the world.

Unexpected Mine Shutdown Raises Questions About Lithium Price Recovery

3 months ago

The recent closure of one of the world's largest lithium mines in Western Australia has sparked discussions among experts and analysts about the potential for price stabilization, as lithium prices have been in a free fall lately. The shutdown occurred due to escalating disagreements between the managing company and local authorities, prompting market participants to revise their forecasts.

Soaring Lithium Stocks Amid Speculation of CATL Production Halt

3 months ago

Lithium stocks, including Pilbara Minerals and Tianqi Lithium, have experienced significant gains amid speculation regarding a potential production halt at one of CATL’s major projects, a leading battery manufacturer in China. Investors and analysts believe this could lead to an increase in lithium shortages, subsequently driving up prices for the raw material and shares of companies engaged in its extraction.

SLB's Lithium Achievements Bring Plant Closer to Reality

3 months ago

SLB, formerly known as Schlumberger, announced significant achievements in lithium production that they say bring the construction of a new plant closer to reality. These successes were achieved as part of their program to develop technologies for lithium extraction, which is a key component for electric vehicle batteries and other high-tech products.

Arcadium Temporarily Suspends Operations at Lithium Mine in Western Australia

3 months ago

The mineral production company Arcadium announced the decision to halt production at its lithium mine located in Western Australia, a move that has raised eyebrows in the mining and energy sectors. The suspension, effective immediately, is attributed to a combination of operational challenges and market conditions that have made continued production economically unfeasible.

Chinese Lithium Producers Embrace Hedging to Manage Volatility

3 months ago

Chinese lithium producers are increasingly turning to hedging strategies to manage the recent volatility in the prices of this essential resource. Lithium is a key component in batteries used in electric vehicles and other devices, and the demand for it has surged in recent years.

BYD Awaits Chile's Decision on Lithium Project

3 months ago

Chinese company BYD, one of the largest electric vehicle manufacturers in the world, has announced that the future of its lithium project lies in the hands of the Chilean government. This news comes amid a growing interest in lithium resources, which are critical for battery production for electric vehicles.