Australian and UK listed European Metals Holdings has commenced work on a preliminary feasibility study to confirm the economic viability of producing lithium hydroxide from ore mined at the company’s Cinovec lithium-tin project in the Czech Republic. The Cinovec deposit is currently the largest lithium deposit in Europe, with hard rock...
Galaxy Resources Limited (ASX:GXY) has signed a $280 million deal with one of South Korea’s major steelmakers – POSCO. The deal gives POSCO access to lithium mining rights currently held by Galaxy in Argentina and are part of POSCO’s plan to build a lithium...
Demand for electric vehicles is set to double by 2022, according to a report released by market analysis group – GlobalData. The report revealed predictions for lithium demand to increase from 27,000 tonnes in 2018 up to 58,000 tonnes in 2022. The main demand for electric vehicles...
South Australia’s giant lithium ion battery, provided by Tesla and owned by Neoen has sold $17 million worth of energy units in its first 6 months of operation. The revenue details were publicised as part of Neoen’s prospectus ahead of its initial public offering on the Paris stock exchange.
New year sparks new interest in European Lithium LtdThe new year has seen two separate instances of company insiders purchasing large quantities of stock in Perth based European Lithium Ltd (ASX:EUR). Non-Executive Chairman Antony Sage has purchased 2 million shares of the company’s...
Perth based Galaxy Resources has  taken steps to expand its lithium business from mineral exporter to battery chemical producer, announcing yesterday that it has plans to invest in a lithium processing facility in China. The debt-free miner has been reviewing various opportunities since its balance sheet was strengthened...
The AustCham Westpac Australia-China Business Award (ACBA) has named Tianqi Lithium Australia as the winner of the Cross-Border Investment Award. Founded in 1994, AustCham i is an organization that bridges the gap between Chinese and Australian businesses and facilitates connectivity between the 2 nations by promoting bilateral trade.
Last week the annual Diggers & Dealers conference took place in Kalgoorlie, combining presentations and exhibition areas by a number of mining and exploration companies operating in the region. This year’s conference revealed a keen interest in lithium and related minerals, with a number of Australian miners...
Foreign Automakers around the world are going through a seismic shakeup. As governments move away from fossil fuelled vehicles to more eco friendly and efficient Electric Vehicles (EV). Lithium, Cobalt, Nickel and Graphite have quickly become the key components of the new energy world. China is leading the charge by committing...
Talison Lithium has awarded Mondium a $100 million contract for the design and construction of a new tailing retreatment processing plant at the Greenbushes mine in Western Australia. Mondium, a joint venture between Monadelphous (60 per cent) and Lycopodium (40 per cent), will carry out...