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Lithium Producer SQM is on track to become the world’s No1 Lithium Producer by 2022. SQM Vice President Daniel Jimenez says capacity increases at SQM’s Chile operations, together with new projects in Australia (Mt Holland Lithium Project), will help put the company in the top slot.
Pilbara Mineral’s Managing Director – Ken Brinsden, has told the media that they are “Sold Out” of their lithium concentrate (Spodumene), The Perth based Lithium producer and its major chinese clients (General Lithium and Jiangxi Ganfeng) have signed 100% offtake agreements for stage 1 production from the Pilgangoora mine.   Mr...
In his opening address at this morning’s Diggers & Dealers Mining Forum in Kalgoorlie, Mr Giorgetta said the skills shortage needed to be dealt with urgently to continue to supply the mining sector’s future demand for skilled workers. “This is approaching crisis level and action needs to be taken now,”...
Lithium has become a household name among investors as the commodity price has gained significant strength in the last few years. Driven by an increase in energy storage requirements that are fueled by the electric vehicle and consumer electronics market, many investors are flocking to the mineral in hopes...
Perth  based AVZ Minerals (ASX:AVZ) has released drilling results confirming their 60% owned Congo based Manono deposit as the world’s largest lithium deposit and the second highest grade globally. The discovery positions AVZ Minerals as a world leader in the global lithium market. The total measured ,indicated and inferred resources...
Tianqi has informed the Hong Kong stock Exchange that their board has approved the planned expansion of lithium production at the Greenbushes mine in Western Australia, the world’s largest hard rock lithium mine, amid growing demand for new energy batteries. Tianqi said the $382 million (AUD) expansion would increase production...
Chris Ellison’s Mineral Resources announced yesterday its proposed 750,000 tonnes a year lithium spodumene concentrate plant at Wodinga expected to deliver $600 million in annual earnings before interest, taxes, depreciation and amortisation. This compares with the companys first-half 2018 EBITDA of $352 million. MinRes said it expected to begin commissioning...
The outlook looks good for Australian lithium miner Galaxy Resources Limited (ASX: GXY) who currently have three lithium projects globally. Unlike their much larger peers, they are a pure play lithium miner. Galaxy recently agreed to sell their northern Sal De Vida tenements to POSCO for US$280m due to be completed...
WA Governor Kim Beazley has criticized the Federal Government’s lack of appreciation of WA’s potential as a hub for the downstream processing of Lithium-Ion batteries. Speaking ahead of a meeting between government and industry representatives last week to discuss WA’s energy metals opportunity, Mr Beazley said, “We have very rarely...
Australia’s opportunity to become a major player in the $213 billion (and growing) global battery market could be derailed by proposed Federal Government changes to research and development (R&D) funding slated in its latest Budget.   At risk is the chance for Australia to increase its meagre $1.1 billion share of...