Australian lithium recovery seen by mid-2020 as EV production revs up

Strong demand from the electric-vehicle sector alongside supply cuts should help Australian lithium miners recover towards the middle of next year, earlier than expected, industry executives said on Wednesday. Australian producers of spodumene, a type of concentrated lithium ore that accounts for about half of global lithium supply, have suffered this year after a flood of production sent prices tumbling by more than 20%.

Chile taps China, Japan in lithium-for-tech push, faces tough sell

Chile is making a renewed push for battery technology investment in return for access to its lithium deposits, piquing interest from China, Japan and Europe as global firms look to tie up supply of the metal vital for the shift to electric vehicles. The South American country, the world's No. 2 lithium producer, has held global road shows ahead of a second lithium-for-investment tender, according to officials and Chilean government documents seen by Reuters.

Sayona to make a play for NAL

ASX-listed lithium hopeful Sayona Mining has announced its plans to participate in a bidding process of the embattled North American Lithium (NAL) operation, in Quebec. NAL halted spodumene production in February this year, with the company obtaining protection from creditors in May. However, the Quebec Superior Court earlier this month ended the creditor protection, inviting bids for the company’s assets.

Sayona to make a play for embattled Quebec lithium miner

ASX-listed lithium hopeful Sayona Mining has announced its plans to participate in a bidding process of the embattled North American Lithium (NAL) operation, in Quebec. NAL halted spodumene production in February this year, with the company obtaining protection from creditors in May. However, the Quebec Superior Court earlier this month ended the creditor protection, inviting bids for the company’s assets.

Brazilian lithium producer Sigma in talks with Tesla, other automakers

Brazil-based lithium startup Sigma Lithium Resources has held talks with Tesla Inc and other automakers about supplying the key battery ingredient in the coming years, the company's CEO said on Thursday. Sigma, which recently received its license to begin hard rock lithium mining in the Brazilian state of Minas Gerais, met with Tesla supplier Ganfeng Lithium, at the automaker's request. But it is holding off on a deal because of the terms the Chinese company is demanding, CEO Calvyn Gardner said in an interview.

Chilean lithium producer SQM bullish on white gold demand

Shares in Chilean lithium producer SQM jumped on Wednesday after it announced plans to invest about $2.1-billion in the next five years to strengthen its production amid an expected increase in demand for the ultralight battery metal. About $1.332-billion of this investment would be in lithium operations, with further amounts going towards growing its nitrates and iodine capacity and maintenance between 2019 to 2023, CEO Ricardo Ramos said in a presentation to investors in New York this week.

Tianqi slows production plans in WA

China’s Tianqi Lithium has launched its lithium hydroxide plant in Kwinana, Western Australia, but has slowed plans for the second-stage expansion as lithium prices declined. Tianqi has reportedly stopped work on a part-build $300-mllion second stage of the plant, instead focusing on the commissioning of the Stage 1 operation, and on achieving practical completion by the end of October.

Tianqi slows lithium production plans in WA

China’s Tianqi Lithium has launched its lithium hydroxide plant in Kwinana, Western Australia, but has slowed plans for the second-stage expansion as lithium prices declined. Tianqi has reportedly stopped work on a part-build $300-mllion second stage of the plant, instead focusing on the commissioning of the Stage 1 operation, and on achieving practical completion by the end of October.

Mali Lithium hunting for development partner for Goulamina

Lithium hopeful Mali Lithium has started the hunt for a strategic partner to help develop its $200-million Goulamina lithium project. MD Chris Evans told Mining Weekly Online on the sidelines of the Paydirt Africa Downunder conference, in Perth, that in addition to advancing its relationship with China Minmentals, Mali Lithium is also targeting lithium carbonate producers as possible strategic partners.

Mali Lithium hunting for development partner for Goulamina

Lithium hopeful Mali Lithium has started the hunt for a strategic partner to help develop its $200-million Goulamina lithium project. MD Chris Evans told Mining Weekly Online on the sidelines of the Paydirt Africa Downunder conference, in Perth, that in addition to advancing its relationship with China Minmentals, Mali Lithium was also targeting lithium carbonate producers as possible strategic partners.