News of lithium

Rio Tinto expands lithium bet with biggest deal since 2007

09-10-2024 14:15 Rio Tinto Group has agreed to purchase Arcadium Lithium Plc in an all-cash deal valuing the US-listed miner at US$6.7 billion.

Rio Tinto makes approach to buy lithium producer Arcadium

07-10-2024 07:57 Rio Tinto group, world’s second-largest miner, makes preliminary move to acquire Arcadium Lithium, producers with operations in Argentina, China, Canada and Australia.

Lithium start-ups bet on high demand in battery-powered future

30-08-2024 11:33 Despite oversupply today, novel lithium extraction techniques will be key to the energy transition even as companies struggle with cost competitiveness.

Argentina, US ink accord for ‘cooperation on critical minerals’

23-08-2024 13:31 Argentina and the United States sign memorandum of understanding to strengthen production of "critical minerals" such as lithium that are essential for the energy transition.

China’s CNGR looks to snap up more lithium projects in Argentina

03-06-2024 10:56 Chinese battery-component maker looking to buy major stakes in Argentina brine deposits to extend its foray into the lithium-rich region.

Giant lithium partnership created in Chile with Codelo-SQM deal

31-05-2024 18:37 Chile's state-owned copper giant Codelco signed a deal Friday with SQM to nearly double the private mining firm’s current extraction of lithium.

Lithium permit freeze limited to new projects, says Catamarca

15-03-2024 14:10 Catamarca Province says court ruling to halt the awarding of lithium permits only affects new projects, leaving other firms free to continue producing the metal.

US Treasury Secretary Yellen praises Chile’s policies in visit to lithium-rich ally

01-03-2024 16:42 US Treasury Secretary Janet Yellen on Friday lavished praise on Chile during a visit focused on critical minerals.

Argentina seeks to tax lithium boom to avoid region’s resource curse

02-10-2023 11:57 Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure.

Lithium boom in Argentina hinges on politics, Zijin unit says

27-09-2023 19:05 Hurdles to lithium development in neighbouring Chile and Bolivia have opened the door for Argentina, says top industry official

Argentina to buy lithium from Livent for battery production

02-07-2023 10:51 Argentina will buy locally-produced lithium from US company Livent Corp to produce cells and batteries in a new plant set to start operating in September.

China, Russia pledge US$1.4 billion for lithium plants in Bolivia

30-06-2023 10:41 China's Citic Guoan and Russia's Uranium One Group will partner with Yacimientos de Litio Bolivianos to install two lithium carbonate plants.

Chile set to lose ground in global lithium rankings to Argentina

30-05-2023 21:54 Chile, the second-largest supplier of lithium, expects to lose more market share to Australia and Argentina over the next decade.

UK’s top diplomat rounds off regional tour with UN support for Brazil

26-05-2023 14:01 UK Foreign Secretary James Cleverly rounds off tour of Latin America and Caribbean with speech backing Brazil’s bid for UN Security Council seat; United Kingdom looking to boost ties with the region in 200th year of bilateral relations.

Chile, one of the world’s lithium leaders, looks like a shakier source

28-04-2023 12:28 The state plans to take control in Chile, which boasts unmatched reserves of the battery metal.

Peru sees lithium mining opportunity in Chile’s statist plan

28-04-2023 11:14 Peru seeking a more active role in trying to lure lithium mining investments in light of Chile’s decision to take state control of all new projects of battery metal.

Lithium boom delivers job growth to Argentina’s mining industry

28-03-2023 15:09 National industry industry has now recorded 28 consecutive months of job creation growth, with more than 37,000 workers now employed in the sector.

UN report criticises ‘structural discrimination’ against Argentina's indigenous

23-03-2023 17:43 United Nations Working Group on Business and Human Rights highlights repeated “evictions and violent interventions” in new report.

by Api Dhadda

Rio battles high-bidding carmakers in hunt for lithium deals

22-02-2023 12:12 Rio Tinto Group, one of the world’s most profitable companies, faces a tough battle to grow its lithium business, with some of the biggest carmakers seeming to be willing to outbid it for a “very expensive” price. 

Argentina asserts lithium-industry ambitions with Chery EV plant

18-02-2023 10:17 Chinese automaker Chery Inc.'s plans to build a US$400-million electric vehicle and battery plant in Argentina underscore the country's intention to turn vast lithium deposits into an employment and investment bonanza.