The demand for Lithium metal has increased much-accelerated rate because of the faster adoption of Electric vehicles.
Albemarle Corporation announced agreements for restructuring of the MARBL Joint Venture in Australia and Investment by Mineral Resources Limited in Albemarle Conversion Assets in China.
Sociedad Quimica y Minera SQM
SQM is a global mining company from northern Chile and is present in strategic industries for sustainable development.
Tianqi Lithium Energy Australia (TLEA) has made a A$136m ($94.07m) offer to acquire Australian lithium exploration company essential Metals, via a Scheme of Arrangement.
Ganfeng lithium has signed with the government of Yichun for joint development for encompassing lithium resources. Ganfeng aims to produce 7,000 tonnes of Lithium metal per year.
Mineral Resource Ltd
Mineral Resources Ltd is an Australian-based mining services company. It owns a portfolio of mining operations across multiple commodities including iron ore and lithium.
Its portfolio includes a Lithium brine solution in Argentina, a hard rock lithium operation in Australia, and a lithium hydroxide facility in Japan.
Livent Corporation formerly FMC Lithium manufactures energy storage and battery systems, polymers, and industrial products. It extracts lithium ore from the Hombre Muerto salt flat in Argentina.