Lithium News

Glencore Plc is in advanced talks about backing a lithium project in Argentina being developed by French miner Eramet SA, in return for future supplies of the key battery ingredient. The commodity giant will sign an offtake agreement in exchange for helping to fund the lithium processing plant that Eramet is building with China’s Tsingshan […]

Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile. General Motors Co. and the parent company of China’s BYD Auto Ltd. went straight to the source and bought stakes […]

Namibia’s mines minister did not have the power to cancel a Chinese lithium miner’s licence and should have approached the courts to revoke it, a judge ruled on Tuesday. Lithium miner Xinfeng took Namibia’s mines minister Tom Alweendo to court after he cancelled the company’s mining licence in April and ordered it to stop operations […]

The largest battery system in New York City has been deployed into service by Con Edison, improving the area’s energy storage solutions and enhancing energy resilience. The system is located at a substation in the Fox Hills area of Staten Island and holds 7.5 megawatts that can discharge electricity to customers for four hours. Battery […]

Shares in Premier African Minerals plunged 40% on Monday after the company declared force majeure at its Zimbabwe lithium mine, citing a defect at its processing plant. A Premier statement said the plant could not produce sufficient spodumene concentrate to meet conditions of its offtake agreement with China’s Canmax Technologies. Chinese lithium battery company Canmax […]

Bear Peak Power received preliminary approval from North Huntingdon commissioners this week to build a lithium-ion battery farm. The Denver renewable energy company plans to build a battery energy storage system off Route 993 on a four-acre parcel between the Western Westmoreland Municipal Authority’s sewage plant and Ridinger Park Road. The facility could provide power […]

Environmentalists, ranchers and others have fought for years against lithium mining ventures in Nevada. Yet opposition to mining one particular desert tract for the silvery white metal used in electric car batteries is coming from unusual quarters: space. An ancient Nevada lakebed beckons as a vast source of the coveted metal needed to produce cleaner […]

Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal to meet the world’s aggressive electrification timelines. Once a niche metal used primarily in ceramics and pharmaceuticals, lithium is now one of the world’s most in-demand metals given aggressive EV […]

Ford Motor is set to receive the single largest loan in the history of the Department of Energy’s (DOE) Loan Program Office. The whopping $9.2 billion will be used to build three EV battery factories as Ford looks to boost domestic capacity. The loan is also the largest (by far) since the US auto bailout […]

If you’re thinking of buying a home battery to protect your house from outages or to cash in on rooftop solar panels, a startup called Lunar Energy this year will bring some new competition to the Tesla Powerwall. The Lunar Battery is a compact, modular design intended to automatically control home appliances and pay for itself as […]