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British investment firm Alkemy Capital Investments plc has signed a partnership agreement with American company Veolia Water Technologies Inc. to establish the first lithium hydroxide processing line at Tees Valley Lithium (TVL) in Teesside, UK. The partnership will leverage Veolia’s expertise in lithium recycling and advanced artificial intelligence technologies to enhance efficiency, reduce costs, and...
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Lithium battery recycling is emerging as a key solution for reducing environmental impact and securing future supplies of critical battery metals. A Stanford University study highlights that recycling lithium-ion batteries emits less than half the greenhouse gases (GHGs) of traditional mining while using only a quarter of the water and energy. Recycling defective scrap materials...
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Canadian company Mangrove Lithium has secured a $35 million (C$50.61 million) investment to construct a lithium refining plant in Delta, British Columbia. The facility, expected to be operational by late 2025, will be North America’s first electrochemical lithium refining facility, strengthening the lithium supply chain and enhancing regional energy security. The plant will produce battery-grade...
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KBR has been awarded a contract by Weardale Lithium for the development of one of Europe’s key lithium brine extraction demonstration facilities in Eastgate, County Durham, UK. Under the agreement, KBR will provide technology licensing and proprietary engineering design for the plant. The facility aims to scale up to a commercial production target of 10,000...
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Cobalt, lithium, and copper are essential for lithium-ion batteries and the electric vehicle (EV) supply chain. As China maintains strategic control over these minerals, the United States and its allies are working to diversify sources to secure supply chains. The US and Japan are increasing cooperation, exploring trilateral partnerships with Latin American mineral producers such...
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KBR has been awarded a contract by Weardale Lithium Limited to support one of Europe’s most advanced lithium brine extraction demonstration facilities in Eastgate, County Durham, United Kingdom. The facility will extract lithium carbonate from geothermal groundwater sourced from existing production wells, with plans to scale up to a commercial production target of 10,000 tons...
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Rain City Resources has commissioned a containerized pilot plant utilizing Avonlea Lithium Corporation’s proprietary Advanced Chemical and Cavitation Extraction technology (ACCELi) for direct lithium extraction (DLE). The plant, designed for pre-commercial trials, has a flow-rate capacity of 150 barrels per day and successfully completed a wet test in Calgary. It is now prepared for shipping...
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India has allocated 163 billion rupees ($1.88 billion) to advance its critical minerals sector, aiming to secure essential raw materials such as lithium. The federal Ministry of Mines confirmed the funding, which will support domestic exploration and offshore mineral projects. The government expects an additional 180 billion rupees in public sector investment for critical minerals,...
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China’s lithium carbonate production is expected to fall by approximately 17% in January to 59,800 tonnes, according to a survey conducted by Mysteel in early January. The decline is primarily attributed to domestic lithium converters and hydrometallurgical plants temporarily suspending production for maintenance and overhauls during the Chinese New Year (CNY) holiday. Mysteel’s latest survey...
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Stardust Power, an American developer of battery-grade lithium products, has officially commenced construction on a $1.2 billion lithium refinery at the Southside Industrial Park in Muskogee, Oklahoma. The groundbreaking ceremony, held on January 22, was attended by company officials, Lieutenant Governor Matt Pinnell, Muskogee Mayor Patrick Cale, and other state and local representatives. The 66-acre...
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Saudi Arabia has announced plans to commence lithium mining by 2027, a move aimed at supporting its Vision 2030 initiative for economic diversification. The shift comes amid growing global demand for lithium, driven by the rise of electric vehicles (EVs) and the transition to clean energy. With the support of Aramco and Ma’aden, the kingdom...
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Rio Tinto Group plans to establish a dedicated lithium unit, Rio Tinto Lithium, after completing its $6.7 billion acquisition of Arcadium Lithium PLC. According to an internal memo cited by Reuters on January 17, the new division will manage operations at the Rincon lithium project in Argentina. However, the Jadar lithium project in Serbia will...
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Zimbabwe’s state-owned Kuvimba Mining House is on track to finalize a $270 million deal with two Chinese companies for its lithium project, CEO Trevor Barnard announced on Monday. The project, centered on the construction of a 600,000 metric tons per year lithium concentrator at the Sandawana mine, continues despite the sharp decline in lithium prices...
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UK-based clean technology group Altilium has announced a partnership with LevertonHELM, the UK subsidiary of German chemical firm HELM, to establish a sustainable domestic lithium supply chain in the UK. The collaboration aims to reduce reliance on imported raw materials by integrating Altilium’s battery material recovery expertise with LevertonHELM’s lithium production capabilities. As part of...
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Ioneer Ltd. has finalized a 20-year, $996 million loan from the U.S. Department of Energy’s Loan Programs Office to finance the development of a processing facility at the Rhyolite Ridge lithium-boron project in Nevada. Announced on January 17, the funding is a key step in advancing the project, which is expected to significantly boost U.S....
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Boston-based Pure Lithium Corporation has entered a joint development agreement with Saint-Gobain Ceramics, a global leader in specialty ceramic materials, to accelerate the production of innovative lithium-selective, water-blocking membranes. These patent-pending membranes are designed to streamline lithium extraction from brine, a critical step in the production of lithium metal anodes for batteries. In addition to...
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Bolivia is intensifying its efforts to harness the world’s largest lithium deposits, preparing agreements with new investors to develop processing plants despite low prices and increasing resistance from lawmakers and civic groups. The Andean nation inaugurated its first industrial-scale plant in late 2023, built by a Chinese consortium, and last year signed additional agreements with...
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ACE Green Recycling, a US-based company, has signed a lease agreement to establish India’s largest battery recycling plant in Mundra, Gujarat. The new facility will expand on ACE’s existing Indian operations and is part of its strategic growth plans ahead of a proposed IPO through a merger with Athena Technology Acquisition Corp. II, a special-purpose...
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The Singapore-based Abaxx Commodities Exchange is set to introduce the first physically deliverable lithium carbonate futures contract outside China, company executives announced. The move follows the recent launch of its nickel sulphate futures, marking another milestone in its battery metals product lineup. The new lithium carbonate contract addresses a gap in the market, as current...
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China is evaluating new export restrictions on technologies essential to lithium-ion battery production, a move that could have significant implications for the global electric vehicle (EV) and clean energy industries. According to a report from Caixin, the Ministry of Commerce has proposed adding battery cathode production technologies, as well as methods for extracting and processing...
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Lithium prices are forecasted to stabilize in 2025 after two years of sharp declines driven by a global oversupply. A nearly 86% drop in prices since their peak in November 2022 forced the closure of numerous mines worldwide. However, analysts and traders anticipate that strong electric vehicle (EV) sales in China and reductions in lithium...
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Recent industry reports paint a cautious outlook for the lithium market in 2025, with concerns about persistent oversupply keeping prices under pressure. Goldman Sachs maintains its conservative stance, highlighting a continued supply surplus despite strong demand growth driven by the electric vehicle (EV) market and renewable energy storage solutions. Lithium prices have plummeted over the...
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UK-based clean technology group Altilium has entered into a partnership with major chemicals company Helm AG, through its UK subsidiary LevertonHelm Ltd, to establish a domestic lithium supply chain. The collaboration aims to reduce the UK’s dependence on imported raw materials by integrating Altilium’s expertise in recycling battery materials with LevertonHelm’s advanced lithium production capabilities....
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Chinese production of lithium-iron-phosphate (LFP) batteries is expected to set market prices in the United States over the next two years, according to Clean Energy Associates (CEA). The consultancy’s Q4 2024 battery energy storage system price forecasting report highlights the impact of heavily tariffed imports and limited production capacity outside China. Batteries imported from China...
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