me-metals: Albemarle , the world’s largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71% drop in prices for the electric vehicle battery metal.
News ID: 11444 Publish Date : 2024/11/08
Chilean legislators have rejected a bill allowing the expropriation of private companies involved in lithium mining in the country, which would have left the door open for the state to take over firms such as Albemarle and SQM, the world’s No. 1 and second largest producers of the battery metal.
News ID: 6294 Publish Date : 2019/09/04
Albemarle Corp (NYSE: ALB), the world’s No. 1 lithium producer, is delaying plans to add about 125,000 tonnes of processing capacity as an oversupply of the white metal used to make the batteries that power electric vehicles (EV) and high tech devices continues to push down prices.
News ID: 5864 Publish Date : 2019/08/08
SANTIAGO – Chilean lithium miner SQM on Thursday received environmental approval to expand its lithium carbonate production plant, the local environmental regulator told Reuters, marking a milestone as the company seeks to boost output of the coveted ultralight battery metal.
News ID: 4039 Publish Date : 2019/03/15
As expansion programs at South American brine operations slow down, the bulk of new lithium capacity is coming from hard rock mines.
News ID: 3566 Publish Date : 2019/02/05
Chile’s Chemical and Mining Society (SQM), the world’s second largest producer of lithium, used in batteries that power electric cars and high tech devices, has taken measures to protect sensitive information from China’s Tianqi Lithium, which recently acquired almost a quarter of the company.
News ID: 3395 Publish Date : 2019/01/25
Chile’s nuclear watchdog CCHEN is considering an investigation into potential fraud after an audit found that the agency for decades failed to properly record exports of ultralight battery metal lithium, documents obtained by Reuters show.
News ID: 3307 Publish Date : 2019/01/17
US-based specialty chemicals producer Albemarle signed an asset sale and share subscription agreement with Australia-based Mineral Resources to split ownership of the Wodgina lithium project.
News ID: 2918 Publish Date : 2018/12/15
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