The Mexican Senate has approved a bill to nationalise its lithium industry, in a move that casts doubt over a handful of lithium development projects currently owned by foreign investment companies. The law, proposed by President Andrés Manuel López Obrador, elevates lithium to the category of...
The world’s largest lithium producer Albemarle and its partner Mineral Resources are responding to ‘unprecedented’ demand by expediting the restart of production at their jointly owned Wodgina lithium mine in Australia. Albemarle and ASX-listed Mineral Resources now expect first spodumene concentrate production from Train 1 operations at...
ASX-listed Firefinch Ltd has announced its arrival at a final investment decision (FID) for the Goulamina Lithium Project in Mali, in tandem with the board of Chinese joint venture (JV) partner Ganfeng Lithium. The decision comes after Firefinch published a key update to the definitive feasibility...
London-listed Bacanora Lithium is set to be acquired by Chinese battery chemicals giant Ganfeng Lithium after receiving an offer totalling US$264.5 million for the shares Ganfeng doesn’t already own. Ganfeng raised its stake in Bacanora up to 28.88% as recently as February, but the latest offer...
Chinese firm Ganfeng Lithium has purchased a 50% stake in the Cauchari-Olaroz project from Chilean lithium giant SQM in a deal worth US$87.5 million. The deal gives Ganfeng a 37.5% ownership in the brine project, located in Argentina’s Jujuy Province, with the remaining stake held by...