Lithium production must quadruple between 2020 and 2030 to meet growing demand, from 345,000 tonnes in 2020 to 2 million tonnes in 2030. That is the biggest challenge and opportunity facing the lithium industry in the next decade

Work is under way in Fredrikstad, Norway, to build a plant that will be key to electric vehicle (EV) transportation in Europe.

Volkswagen Group is seeking partnerships with battery raw material producers in order to vertically integrate and achieve security of supply and competitive prices for its minerals needs, a spokesperson for the German automaker told Fastmarkets on Thursday June 17.

The gap between lithium spot and contract prices has narrowed significantly in 2021 as a result of tight availability along the lithium supply chain and price evolution, market sources said.

Construction work will restart in the near future at the Kniwana lithium hydroxide plant in Western Australia after Australia-based exploration and mining company IGO joined the venture at the end of 2020, a spokesperson at joint-owner Tianqi told Fastmarkets on Tuesday May 4.

The battery-grade seaborne Asian lithium carbonate market continued to post gains over the week on Thursday May 6 amid tight spot availability.

Nickel briquette has steadily become a more favored choice of feedstock for Chinese battery-grade nickel sulfate producers in recent months, resulting in a notable pick-up in spot trading activity for the former.

Changing preferences for lithium-ion battery chemistries in China have altered relative lithium prices

China-based nickel and stainless steel producer Tsingshan Holding Group will invest 10.3 billion yuan ($1.57 billion) to build a lithium-ion battery plant in the southern China province of Guangdong, it said on April 1.

Chile’s Corfo on Friday February 19 filed an arbitration process with the International Chamber of Commerce against United States-based lithium miner Albemarle for allegedly underpaying royalties on its lithium sales, Corfo confirmed to Fastmarkets on Monday February 22.