Finland-headquartered Fortum Battery Recycling has signed an agreement with refinery AMG Lithium for the supply of recycled lithium hydroxide, the two companies said on Wednesday May 24

State-owned copper giant Codelco has created two subsidiaries to further its expansion into lithium, a metal Chile has identified as essential not only for the global energy transition but for its own future development

US carmaker Ford has secured long-term supplies of battery-grade lithium from major producers Albemarle and Sociedad Quimica y Minera (SQM)

Chinese lithium producer Tianqi Lithium plans to establish a battery-grade lithium hydroxide project with capacity of 30,000 tonnes per year in Zhangjiagang, Suzhou in China’s Jiangsu province, the company said on Friday May 12

Tesla’s $1 billion project aims at increasing the carmaker efforts of producing battery-grade lithium hydroxide domestically in the United States to serve the growing North American e-mobility market, the company said

China’s lepidolite production on a lithium carbonate equivalent (LCE) basis accounted for 12.2% of global lithium production in 2022 and is forecast to account for more than 15% of global lithium production in 2032

The US is lagging in its ability to collect and process lithium-ion batteries, contributing to a massive impending deficit in the domestic supply of lithium that is needed to meet demand for electric vehicles (EVs)

Global lithium miner Allkem and its peer Livent Corp have signed a definite agreement to combine in an all-stock merger

“We are probably underestimating the [lithium] demand from EV [electric vehicle] industry,” Kevin Chen, vice president commercial, APAC at major lithium producer Albemarle said on Fastmarkets’ Asian Battery Material Conference 2023

Codelco will continue to grow organically by developing its vast copper reserves and existing mining base instead of pursuing mergers and acquisitions (M&A)