Editorial: Mining-powered rockets vs dockets
As we look in the waning days of summer to the United States’ Southwest in this edition, it strikes us that there’s been a staggering number of days that only…
Lithium Americas
Ganfeng Lithium cuts spending as consumers ease off the pedal for EVs
China’s Ganfeng Lithium, one of the world’s largest producers of the battery metal, says it will delay spending on projects that don’t generate “significant near-term returns” after reporting a first-half loss…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
US lithium clay projects secure backing despite extraction hurdles
The United States’ great hope for domestic lithium supply could lie in the massive-scale, long-life sediment-hosted deposits in its southwestern region. And even with tricky metallurgy to overcome and higher…
Democrats seek probe into foreign mining on public land
Democrats in the United States House of Representatives want to know how much the government knows about about foreign investment in mining on federally managed lands. Raúl Grijalva (D-Ariz.), the…
Lithium Americas seeks US$275M in share sale for Thacker Pass project in Nevada
Lithium Americas (TSX: LAC; NYSE: LAC) is raising US$275 million through a stock offering weeks after getting initial approval for a record government loan to advance its Thacker Pass lithium project…
Lithium Americas gets record US$2.2B loan for Thacker Pass
The mine, which will supply General Motors, is a key part of US President Biden’s efforts to reduce dependence on Chinese lithium.
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…
Lithium Americas shares soars in first day of trading as North American pure-play miner
Canada’s Lithium Americas began trading Wednesday on the Toronto and New York exchanges under its new ticker (LAC) as a result of the recent separation of its North American and…
Stellantis invests US$90M in Argentina lithium explorer for nearly 20% stake
Stellantis, the automaker behind Chrysler and Alfa Romeo among others, is buying almost a fifth of Argentina Lithium & Energy (TSX-V: LIT; US-OTC: PNXLF) for US$90 million. The deal with…
Argentina to reach top three spot among lithium players by 2027
Argentina, the fastest-growing lithium producing nation, is also on track to become the world’s third largest player by 2027 thanks to its three active mines and 38 projects under development,…
Lithium Americas produces first carbonate at Argentina’s Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) has produced its first lithium carbonate at the Caucharí-Olaroz project in Argentina’s Jujuy province. While the material is not battery-quality, the miner noted that…