lithium prices Tag

Tesla CEO Elon Musk has described battery production – specifically lithium – as the ‘fundamental limiting factor’ for electric vehicle (EV) adoption worldwide, in a public appeal for greater investment in battery metals mining. Speaking on an earnings call with investors yesterday, Musk highlighted the growing...

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...

Prices of Australia’s lithium-rich spodumene concentrate surged by 45.5% in January, extending a record-breaking 15-month rally in lithium prices which could go even further according to experts. Price reporting agency Benchmark Mineral Intelligence (BMI) said Australian spodumene concentrate was selling at US$2,400 per tonne in January,...