Codelco, Salar Blanco to develop lithium project in Chile’s north

Codelco, Salar Blanco to develop lithium project in Chile’s north

Chile’s Codelco, the world’s top copper miner, has signed a non-binding agreement with foreign-backed miner Salar Blanco to develop a joint lithium project at the little-known Salar de Maricunga salt flat, in the country’s north. The move, said...

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Cobalt, nickel, other battery metals face supply crunch by 2020s — report

Cobalt, nickel, other battery metals face supply crunch by 2020s — report

Growing global demand for batteries that power electric vehicles (EVs) and high tech devices is set to cause a supply crunch of lithium, cobalt and nickel by the mid-2020s, global consultancy Wood Mackenzie predicts. The firm’s latest research...

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Canadian lithium junior surges 45% after $460m injection

Canadian lithium junior surges 45% after $460m injection

Shares in Nemaska Lithium Inc soared on Friday after the company announced it has received a letter of intent for a $460m (C$600m) investment from specialist mining investment firm, Pallinghurst. Pallinghurst is contemplating C$200m private...

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Pilbara Minerals inks additional lithium supply deal with China’s Great Wall

Pilbara Minerals inks additional lithium supply deal with China’s Great Wall

Australian lithium miner Pilbara Minerals on Tuesday said it had signed an additional deal with Chinese automaker Great Wall Motor Co Ltd to supply spodumene concentrate, a key mineral for electric vehicles. Deliveries under the deal will begin...

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China’s CATL to Splurge max USD2 Billion on German Mega Battery Plant

China’s CATL to Splurge max USD2 Billion on German Mega Battery Plant

Contemporary Amperex Technology, China’s largest lithium battery  producer, will increase its investment nearly eight times in an upcoming  German base that may become the largest power unit factory in the world. CATL’s total...

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China News Weekly 115 – China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

China News Weekly 115 – China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

Click here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.

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China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

China’s Desai to Build USD375.4 Million IoT Battery Plant in Guangdong

A unit of Desai Battery Technology will construct a CNY2.6 billion (USD375.4 million) plant in southern Guangdong province to make power units for Internet of Things devices in order to improve its product offering. Desai Battery plans to pen a...

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China’s Ganzizhou Rongda Lithium restarts spodumene mine after 5 years

China’s Ganzizhou Rongda Lithium restarts spodumene mine after 5 years

Chinese lithium firm Youngy Co Ltd’s wholly owned subsidiary, Ganzizhou Rongda Lithium Co Ltd, resumed production at its spodumene – a hard-rock mineral used for lithium – mine on June 10, an official told Reuters on Thursday. Strong demand from...

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Chile to push both private and public investment in lithium

Chile to push both private and public investment in lithium

Chilean Mining Minister Baldo Prokurica said on Tuesday the government of the South American mining powerhouse would favor neither private nor state investment as it seeks to ratchet up output of its world-leading reserves of ultralight battery...

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Albemarle details efforts to boost its Chilean lithium output by 30%

Albemarle details efforts to boost its Chilean lithium output by 30%

Albemarle Corp on Tuesday detailed a process it believes will increase its Chilean lithium output by nearly a third and said it is working to reduce the affect of precipitation on its evaporation ponds. Both steps should, if successful, help the...

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Estimated 5 million tonnes of lithium deposits found in southwest China

Estimated 5 million tonnes of lithium deposits found in southwest China

An estimated 5 million tonnes of lithium deposits have been found in China’s southwestern province of Yunnan, scientists said, potentially curbing the nation’s reliance on imports of the material, used in electric vehicle batteries...

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