SW US: New US lithium mines are coming
Albemarle’s (NYSE: ALB) Silver Peak mine in Nevada – the only active lithium resource in the United States – could soon have company. As many as nine new lithium mines…
General Motors
GM faces vote over Indigenous risks at Thacker Pass
A group of faith-based investors is pressing General Motors (NYSE: GM) shareholders to back a proposal calling for greater disclosure of Indigenous rights risks tied to critical mineral sourcing, putting…
RANKED: Top 20 automakers by battery metals spending
The global passenger EV market, including plug-in and conventional hybrids, fell short of 30 million units last year, but still showed robust growth of 18% year over year. In combined…
PDAC: Ontario shifts metals strategy to defence as EVs stall, mining minister says
Ontario is pivoting from battery plant construction in its critical minerals strategy while it adds high-grade iron ore and aluminum to its list of important outputs. The previous strategy focused…
Lithium Americas targets $1.6B for Thacker Pass build
Lithium Americas (TSX, NYSE: LAC) says it is targeting a capital spend of between $1.3 billion and $1.6 billion for Stage 1 of its Thacker Pass project in Nevada this…
DOE agrees to buy 5% stake in Lithium Americas
The United States’ Department of Energy (DOE) agreed to buy minority stakes in Lithium Americas (TSX, NYSE: LAC) and its Thacker Pass project in Nevada in exchange for authorizing funding…
DOE re-thinks $2.2B Thacker Pass lithium loan
The Trump administration is reportedly having second thoughts on a Biden-era $2.2-billion loan for Lithium Americas’ (TSX, NYSE: LAC) Thacker Pass project in Nevada, according to Bloomberg News. The loan…
Lithium price may ease again as China mine restarts
Chinese battery producer Contemporary Amperex Technology (CATL) is expected to resume production at its lithium mine in Yichun of Jiangxi province, in a move that could alleviate supply concerns and…
Lithium price surge forecast to be short
Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which…
Lithium rout derails projects around the world, though some persist
Low lithium prices are forcing a raft of companies to delay spending on projects from Quebec to Nevada, from South America to Australia. General Motors (NYSE: GM) has postponed a…
Nouveau Monde Graphite scores deals with GM, Panasonic
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has signed multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with both companies also vowing to invest in the Quebec-based…
Automakers invest upstream for lithium as the midstream battery buildout gathers pace
Several announcements Thursday underlined the growing momentum with which an independent-from-China electric vehicle (EV) battery supply chain is taking shape in North America. Major automaker Stellantis N.V. (NYSE: STLA) said…