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US-headquartered lithium producers Albemarle and Livent are expecting lithium spot prices to recover from the weakness seen in recent months, because they foresee a brighter demand picture for the remainder of the year

Despite considerable progress in the year since the passage of the US Inflation Reduction Act (IRA), investment related to the legislation has slowed and its ultimate effectiveness remains to be seen, the vice president and director of the Securing America’s Future Energy (SAFE) Center for Critical Minerals Strategy said

Australia-based graphite miner Syrah Resources has signed two binding offtake agreements with Graphex Technologies, a multinational purified spherical graphite producer, and Westwater Resources, a US-based junior graphite anode producer, the miner said on Thursday August 3

Albemarle has increased its revenue outlook for 2023 partially due to expectations of improving lithium prices, although some analysts expect the lithium market will be oversupplied in upcoming years

Recently approved at the European Parliament, a new legislation that sets rules for batteries used in electric mobility devices is an important policy step to secure supply chains, though not necessarily ground-breaking, according to analysts and market participants

Growth in the lithium market could lead to a significant increase in the supply of tantalite once new lithium projects come on stream, according to market participants