Category: Lithium

  • ICL forms lithium iron phosphate venture for battery market

    ICL has signed a joint venture agreement with Shenzhen Dynanonic to establish production of lithium iron phosphate cathode active materials in Europe, with an initial investment of €285 million. Israeli Specialized Metals Company ICL (level: ICL:New York Stock Exchange: ICLHuawei announced that it has signed a joint venture agreement with…

  • American Lithium Reports Results of Annual General and Special Meeting

    Article content VANCOUVER, British Columbia, Nov. 27, 2024 (GLOBE NEWSWIRE) — American Lithium Corp. announces… (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AMLI | Frankfurt:5LA1) announced the results of the voting for its annual and special meeting of shareholders (the “Meeting”) held today in Vancouver, British Columbia. Article content Below…

  • LIFT reports laboratory metallurgical recoveries averaging 79% producing a high-quality spodumene concentrate grading 5.83% Li2O at the Yellowknife Lithium Project

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Sep 23, 2024  •  7 minute…

  • Cornish Lithium mine granted special status to power UK’s electric vehicle ambitions

    Angela Rayner, the Secretary of State for Housing, Communities and Local Government, has backed plans to turn the disused Trelavor clay mine near St Austell into a major lithium mine, a move that could significantly boost the UK’s battery manufacturing capabilities. The site, operated by Cornish Lithium, is expected to…

  • Arcadium Lithium limps to new lows; UBS starts at Neutral on continued weak pricing

    MF3d/iStock via Getty Images Arcadium lithium (New York Stock Exchange: Altm) closed -9.6% In Tuesday trading, one of several alternative energy stocks hit a 52-week low, as a wave of bearish sentiment swept the energy sector into broad losses. Vistra (VST) and Constellation Energy (CEG)) included two of the day’s…

  • SQM sees continued weak near-term lithium prices but plans to keep expanding (NYSE:SQM)

    Olemedia/E+ via Getty Images square meter (New York:SQM) +2.8% In trading on Wednesday, the lithium producer said it plans to continue increasing production in Chile even as weak prices push it higher. Review of the “less attractive” markets. Second-quarter net income fell to $213.6 million, or $0.75 per share, from…

  • Baird cuts Albemarle stock rating amid lithium price concerns By Investing.com

    On Monday, financial services firm Bird downgraded its rating. Albemarle University Chemical Company (NYSE:), a chemical company specializing in lithium, bromine, and refining catalysts. The rating was downgraded to Neutral from Outperform, and the price target was revised to $85.00 from $102.00 previously. The revision reflects Baird’s view of the…

  • AMERICAN SALARS ADOPTS ESG POLICY AHEAD OF DEVELOPMENT OF ITS MULTIPLE LITHIUM BRINE DEPOSITS

    This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on July 16, 2024 •…

  • Albemarle plunges to lowest in nearly four years as lithium prices keep sliding (NYSE:ALB)

    Olemedia/E+ via Getty Images Albemarle (NYSE: ALP) ended Tuesday’s trading as the biggest loser in the S&P 500, -8.7% To its lowest level since October 2020, where Two Wall Street analysts cut their price targets. For the stock. Lowered stock price to $127 from $170 even while maintaining overweight Lithium…

  • Arcadium Lithium surges as RBC starts as a buy, driven by strong production growth

    Omedia/E+ via Getty Images arcadium lithium (New York Stock Exchange: Altm) +12.7% In trading on Wednesday, RBC Capital rated the stock a new outperform with a $4 price target, saying the company offers investors “the most vertically integrated and diversified exposure to lithium and chemicals across our coverage.” The RBC…

  • LIFT intersects 33 m at 1.09% Li2O at its Echo pegmatite, Yellowknife Lithium Project, NWT

    This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published May 28, 2024  •  16 minute…

  • Chile gives Albemarle option to boost lithium quota by 240,000 metric tons By Reuters

    SANTIAGO (Reuters) – Chile’s economic development agency Corvo said on Wednesday it had reached an agreement with… Albemarle (NYSE:) to establish an option for the US company to increase its production quota by 240,000 metric tons of lithium metal equivalent (LME). This increase would raise Albermarle’s production share by approximately…