Albemarle to axe jobs, halt growth, sell Liontown stake
Plunging lithium prices are forcing Albemarle (NYSE: ALB) to cut jobs and defer spending, including on a massive refinery project in South Carolina, as part of a wide-ranging plan to…
lithium
Uranium developer Denison options Saskatchewan lithium brine project
Uranium-focused Denison Mines (TSX: DML; NYSE: DNN) and lithium explorer Grounded Lithium (TSXV: GRD; US-OTC: GRDAF) have signed a deal that bets on low-cost extraction methods in Saskatchewan. The agreement…
Winsome looks to quickly scale up Adina lithium project in Quebec
Just months after unveiling an initial resource for its Adina lithium project in Quebec, Perth-based Winsome Resources (ASX: WR1) is gearing up to grow the deposit, which is located in…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
American Lithium PEA triples Falchani project value to US$5B
A preliminary economic assessment (PEA) for American Lithium’s (TSXV: LI) Falchani project in Peru has tripled its net present value (NPV) to US$5.1 billion over the 2019 estimate of US$1.5…
EMP Metals’ shares up as PEA gives Viewfield lithium brine project a 23-year life
Shares in EMP Metals (CSE: EMPS; US-OTC: EMPPF) rose 11.5% Tuesday after the company released a preliminary economic assessment (PEA) that says its Viewfield brine project in Saskatchewan could produce…
Azimut shares rise on 2.48% lithium oxide hit in first hole at Galinée in Quebec
Shares in Azimut Exploration (TSXV: AZM; US-OTC: AZMTF) rose 12.5% in trading this morning after the company and its partner Soquem announced strong lithium results from the first drill hole…
Lithium Chile scores huge concession in Argentina’s Arizaro Salar
Lithium Chile (TSXV: LITH; US-OTC: LTMCF) said Monday that its Argentine subsidiary Argentum Lithium has been awarded the largest concession block in the Salar de Arizaro. Argentum was one of…
Lithium junior Kali Metals soars on ASX debut, defying market trend
Shares in lithium explorer Kali Metals (ASX: KM1) jumped as much as 86% on its first day of trading on the Australian Stock Exchange, following an initial public offering in…
Core Lithium halts mining on ‘tough’ market conditions
Australia’s Core Lithium (ASX: CXO) has halted production at its Finniss operations and flagged a significant write-down on the value of its assets as the effect of the battery metal’s…
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
PEA gives Wealth Minerals’ Kuska lithium project 400,000-tonne output over 20 years
Wealth Minerals‘ (TSXV: WML; US-OTC: WMLLF) new preliminary economic assessment (PEA) for its Kuska lithium salar project in northern Chile outlines output of 20,000 tonnes per year over 20 years. …