Tag: lithium

Growth and Challenges in the Lithium Market: What’s Ahead for 2025 In recent years, lithium prices have dropped approximately 80% from their peak levels due to an influx of new supply. Producers in Australia and other regions are still adjusting to these changes and...

Global Electric Vehicle Battery Capacity Reaches New Heights Amid Market Shifts From January to October, the world saw a total of 674.6 GWh of new battery power, according to Toronto’s Adamas Intelligence, a firm specializing in...

A Game-Changing Acquisition Rio Tinto, the second-largest miner globally, has announced its acquisition of United States-based lithium company Arcadium for $5.85 per share—a substantial 90% premium over Arcadium’s recent stock closing price of $3.08 on October 4. Rio Tinto’s New Lithium Frontier By purchasing Arcadium, Rio...

The drilling program, covering a total of three pads, will extend over the next few months. Production and disposal testing of the wells on the first pad is scheduled to start in June, the Australia-based lithium developer said. According to the company, the start of drilling operations...

Rather the figures comply with the U.S. S-K 1300, which the company says is “similar to a preliminary economic assessment”. The Tonopah Flats claystone is one of the largest lithium resources in the United States. The measured and indicated resource is 3.16 million tonnes averaging...

“Key to achieving this milestone is the success of the ongoing permitting process, which is advancing as anticipated,” said executive chairman Neil Herbert in the quarterly update. He noted the current license has yet to be approved by Ghana’s parliament. The company also needs to...