Wesfarmers’s bid for Australia’s Kidman Resources undervalues the lithium miner, analysts said on Friday, reflecting the financing difficulties the sector faces even as electric car makers warn of raw material shortages.
Wesfarmers offered a 47% premi…
Wesfarmers’ soft bid for Kidman spotlights lithium’s financing issues Read More »
The electric vehicles pioneer is worried about the effects of booming demand for EVs will have on the supply of minerals needed to manufacture rechargeable batteries.
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Tesla warns of upcoming battery minerals shortage Read More »
Among the commitments in the deal, the investor may earn into the option for the project by constructing a $20 million pilot plant for the processing of lithium brine.
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Pure Energy inks deal with Schlumberger subsidiaries for Clayton Valley lithium project Read More »
ASX-listed Wesfarmers is trying its hand at lithium, having launched a non-binding and conditional A$776-million cash offer for fellow-listed Kidman Resources.
Wesfarmers, which recently launched a A$1.5-billion cash bid for mineral sands miner Lynas,…
Wesfarmers eyes lithium with A$776m cash bid for Kidman Read More »
Global demand for strategic minerals like lithium, graphite and nickel will skyrocket by 965%, 383% and 108% respectively by 2050, according to the World Bank’s updated 2018 projections.
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INFOGRAPHIC: metals and minerals used in green and renewable power generation Read More »
The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe.
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World Bank, Germany, Rio and Anglo set up “climate smart” mining fund Read More »
Chile’s mining minister Baldo Prokurica said royalties for the ultralight battery metal lithium would be set on a "case-by-case" basis from now on, using a negotiation model similar to that used with top producers in Chile’s Atacama salt flat. …
Royalties for lithium to be set case by case in Chile – Minister Read More »
The results validate the company’s own internal cost-to-complete construction assessment as of Feb. 13, 2019.
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Nemaska receives independent audit report from BBA Read More »
Joint venture with Jiangxi Special Electric Motor, a major Chinese maker of engines for electric vehicles, will allow Alliance to participate in the downstream lithium products market without having to incur the capital costs or risk associated with the construction of a conversion facility.
The post Australia’s Alliance Mineral inks key lithium deal with Chinese EV firm appeared first on MINING.com.
Australia’s Alliance Mineral inks key lithium deal with Chinese EV firm Read More »
ASX-listed Pilbara Minerals has upped production in the three months to March, producing 52 196 t of spodumene concentrate, compared with the 47 857 t produced in the previous quarter.
Spodumene concentrate sales for the quarter were down from the 46 …
Pilbara increase output in March quarter Read More »
