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Biden Administration Approves First Lithium Project
Thursday, October 24, 2024 - 6:23pm | 379Read More...The Biden Administration on Thursday issued final approval for Ioneer’s lithium mine, a big step toward bringing battery material sourcing to the U.S. What To Know: Ioneer announced it received its federal permit for the Rhyolite Ridge Lithium-Boron Project in Nevada from the Bureau of Land...
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Lithium Reserve Found In Arkansas With Help From AI: Why It Impacts Exxon Mobil
Wednesday, October 23, 2024 - 12:42pm | 600Read More...The U.S. Geological Survey (USGS) recently discovered a significant lithium reserve beneath southwestern Arkansas. Through water testing and artificial intelligence, the agency found as much as 19 million tons of lithium — enough to supply the nation's green tech transition. "Our research was able...
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Arkansas May Be Sitting On 19M Tons Of Lithium Amid Rising Demand For EV Batteries: How To Invest In What Elon Musk Calls 'The New Oil'
Tuesday, October 22, 2024 - 12:42am | 659Read More...In a recent study, researchers have suggested that Arkansas could potentially hold a significant amount of lithium, a crucial component for electric car batteries and other high-tech products. What Happened: The researchers, in a study published in the journal Science Advances, have estimated that...
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Lithium Americas Shares Surge As GM Commits $625M To Thacker Pass Project
Wednesday, October 16, 2024 - 11:29am | 463Read More...Lithium Americas Corp. (NYSE:LAC) shares are trading higher after the company announced it inked a new investment deal with General Motors Company (NYSE:GM) to establish a joint venture (JV) for developing and operating the Thacker Pass lithium project in Nevada. Under the deal, General Motors will...
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Serbian Parliament Doesn't Pass Lithium Ban, Keeps Rio Tinto's Major Project Alive
Friday, October 11, 2024 - 7:55am | 518Read More...The Serbian parliament didn't accept the opposition's proposal to modify the country's mining law to ban the exploration and exploitation of lithium and boron. Such a decision would have ended Rio Tinto's (NYSE:RIO) multi-billion dollar Jadar project. After a four-day discussion, the 214 members...
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Rio Tinto Confirms Interest In Arcadium Lithium, Shares Surge
Monday, October 7, 2024 - 7:16am | 651Read More...On Monday, Rio Tinto (NYSE:RIO) confirmed that it is in non-binding talks to acquire Arcadium Lithium (NYSE:ALTM), a major lithium miner formed from the merger of Livent and Allkem. Both companies clarified that the discussions are preliminary, and there is no certainty that a transaction will...
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CATL Halts Key Lithium Mine, Supply Squeeze Drive Analysts Predictions
Thursday, September 12, 2024 - 8:16am | 606Read More...News of the suspension, initially circulated by UBS based on industry sources, was later confirmed by CATL itself. In a statement to Reuters, they acknowledged that "based on recent lithium carbonate market conditions, the company plans to make adjustments on lithium carbonate production in Yichun...
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Will Lower Interest Rates Give A Boost To Green Lithium Production?
Tuesday, September 10, 2024 - 8:59am | 507Read More...As global interest rates fluctuate and currency values shift, Sigma Lithium prepares for future growth while staying committed to environmentally sustainable lithium production. The company, which will participate in the upcoming Benzinga Small-Cap Conference, is focused on leveraging these...
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Dragonfly Energy Strikes $30M Licensing Deal: What This Means For The Battery Industry
Friday, September 6, 2024 - 4:07pm | 633Read More...At the virtual event AutoRevolution: The Future of Mobility and EVs, hosted by Benzinga and sponsored by Dragonfly Energy, Dr. Denis Phares, CEO of Dragonfly, shared details about the company's latest milestone: a $30-million licensing agreement with Stryten Energy. The deal, which centers around...
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Lithium Americas, GM Face Delays In Closing $330M Deal: 'Mutually Beneficial' Solutions Under Review
Thursday, September 5, 2024 - 10:12am | 556Read More...Lithium Americas Corp (NYSE:LAC) and General Motors Co (NYSE:GM) are facing delays in closing their $330 million Tranche 2 investment. Both parties are looking for “mutually beneficial” solutions as they reassess the deal. The investment was initially structured as an equity deal, but...
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Baiyu Shares Are Moving Higher Today: What You Need To Know
Thursday, August 29, 2024 - 5:34pm | 519Read More...BAIYU Holdings, Inc. (NASDAQ:BYU) shares are experiencing upward movement following the announcement of a substantial $60 million contract to supply electric lithium batteries to Feng’s Auto Parts, a well-established U.S.-based auto parts supplier. This deal marks an important milestone for...
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Volt Lithium Installs A Field Unit In Permian Basin, Takes A Major Step Toward Commercial Production
Tuesday, August 27, 2024 - 7:19am | 546Read More...Volt Lithium (OTC:VLTLF) has announced the deployment and installation of its first Field Unit in the Permian Basin, Texas. After over a year of discussions with major oil companies in the region, this development represents a major milestone for the company. "Our team is thrilled to share that we...
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Arizona Lithium Drilling Project Halted By Judge Citing Threat To Hualapai Tribe's Sacred Lands
Wednesday, August 21, 2024 - 11:42pm | 660Read More...A federal judge has issued a temporary restraining order against a lithium drilling project in Arizona. The project, which is being challenged by the Hualapai Tribe, has been put on hold due to its potential threat to sacred lands. What Happened: The U.S. Bureau of Land Management approved the...
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EXCLUSIVE: Federal Support Is 'Essential' For Lithium Production, Says American Battery Technology CEO (CORRECTED)
Friday, August 16, 2024 - 10:14am | 1557Read More...American Battery Technology (NASDAQ:ABAT) CEO Ryan Melsert spoke to Benzinga about the latest company milestones, the state of the market and what it means to be a vital metals supplier for the burgeoning green energy sector. BZ: What’s your relationship like with the retail investment...
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Wealth Minerals Taps Chilean Lithium Projects To Meet Rising Global Demand
Monday, August 12, 2024 - 9:04am | 661Read More...Wealth Minerals remains focused on lithium extraction in Chile to address the growing global need for this essential resource. Tim McCutcheon, an advisory board member at Wealth Minerals, detailed the company's strategic plans during the Digging Deeper: The Future of Mining virtual event. He...
















