Chile to nationalize its lithium industry
The long-awaited policy sets ups a public-private model in which the state will partner with miners through a dedicated national lithium company.
SQM Inc.
SQM earmarks US$3.4B in spending by 2025 as profits soar
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, said on Thursday it had earmarked US$3.4 billion of new capital spending by 2025 to boost its…
Sigma Lithium secures US$100M for Brazil mine expansion
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has secured up to US$100 million from shareholder Synergy Capital to build the initial phase of a US$155-million expansion…
SQM expects high lithium prices to stay put
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, expects prices for the battery metal to stay high into 2023 on the back of…
China’s Tianqi Lithium lists on Hong Kong stock market
Shenzhen-listed Tianqi Lithium has raised about HK$13.5 billion (US$1.71) billion in a secondary listing on the Hong Kong Stock Exchange, according to the Financial Times….
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap…
SQM aims to cut water, brine use by 50%
Chile’s SQM (NYSE: SQM), the world’s second largest lithium producer, will voluntarily cut its use of fresh water and brine from the Atacama desert to mitigate the…
SQM posts record output, builds inventories
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, achieved record second-quarter output levels and saw sales volumes soar on renewed optimism about long-term demand…
Tianqi Lithium to sell stake to raise cash
Tianqi Lithium, China’s top producer of the battery metal, says its controlling investor has put a sixth of its holding up for sale. The move,…
SQM reports lower profits on weak lithium price
Sociedad Quimica y Minera or SQM (NYSE: SQM), the world’s second-largest lithium producer, continues to suffer from sustained weak prices for the metal used in…
Shares of lithium miners off to the races
Shares in lithium producers soared on Tuesday with the sector getting caught up in the investor enthusiasm for electric vehicle pioneer Tesla. Tesla’s stock value…
BHP to supply desalinated water to Escondida
BHP’s (NYSE: BHP; LON: BHP) Escondida copper mine in Chile, the world’s largest, will stop drawing fresh water from the Atacama salt flat, using instead…