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The next decade is critical to the success of the lithium market with increasing and sustained demand coming from the global new energy markets. Growth in electric vehicles continues to drive lithium demand, but this rapid growth is testing the market’s ability to expand supply. Keep on top of lithium price volatility with our lithium price data.
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Delivery and sales from leading US-based electric vehicles (EVs) manufacturer Tesla showed strong growth over the course of 2020 despite the economic setbacks and logistic disruptions triggered by the global spread of Covid-19 and its economic consequences, according to data released by the company on Saturday January 2.
Chilean lithium producer Sociedad Quimica y Minera (SQM) has signed a long-term supply agreement for high quality lithium cathode material with LG Energy Solutions, it said on Tuesday December 22.
China’s Tianqi Lithium’s wholly-owned subsidiary Tianqi Lithium Energy Australia Pty Ltd (TLEA) has brought in new strategic investor Australia-listed IGO Ltd as a 49% stakeholder, with both parties signing an initial investment agreement on Wednesday December 9.
Swiss miner-trader Glencore and Chinese battery materials producer GEM have extended their agreement for cobalt hydroxide supply by another five years.
Europe could produce enough battery cells to meet the needs of its captive electric vehicle (EV) industry and could even be in a position to export batteries by 2025, according to the vice-president of the European Commission.
Talga Resources has signed a Memorandum of Understanding (MoU) with global technology leader ABB to support the development and construction of Talga’s Vittangi anode project in northern Sweden.
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