Nemaska Lithium's president and CEO, Guy Bourassa, discusses the Whabouchi deposit and the emerging market of lithium hydroxide for the rechargeable battery industry.
Articles Tagged "sqm"
From ore to end products, several evolving stories are shaping the future of the global lithium market.
On the grounds that SQM should have been barred from the Chilean lithium concession competition, Li3 Energy has formally appealed to the country's mining ministry in hopes that it will rethink its decision to annul the tender and instead award the contract to the POSCO Consortium.
Reuters reported Chile revoked its decision to allow SQM to develop a new lithium concession to produce in the country.
Reuters reported SQM (NYSE:SQM) won a tender to develop a lithium concession in Chile, which produces around 40 percent of the metal.
Chile is counting on lithium operating contracts to significantly increase lithium production over the coming years as it aims to compete with leading producers like Australia and Argentina. The winner of the first contract will be announced on Monday, September 24.
Lithium is expected to play a vital role in the development of efficient and reliable energy storage applications in the coming decades. Rising demand will open up more opportunities for junior miners with attractive properties.
An American lithium company's inking of three big deals with Chinese battery manufacturers shows the strength of Chinese demand for the battery ingredient.
Chile, the world's largest lithium producer, is inviting private companies to bid on a contract to mine 100,000 tonnes of lithium. Lithium Investing News spoke with economist Daniela Desormeaux on the implications of the tender.
SQM's recently released first quarter earnings indicate that demand was robust in the lithium market during the first three months of the year.