SQM reported blowout second-quarter results with record lithium sales volumes and a doubling in gross margin, underscoring strong demand and pricing in the lithium market.
Albania has granted a local company a mining license for a southern lithium deposit with a reported grade of 235.45 ppm after four years of exploration.
Higher raw material costs and a consumption tax on lithium batteries have driven price increases of 2% to 30% across the energy-storage supply chain, according to industry reports.
TG Metals has announced a maiden mineral resource estimate of 6.7 million tonnes at 1.2% lithium oxide for the Burmeister spodumene deposit at its Lake Johnston project in Western Australia.
Sigma Lithium expects to resume production within one to two weeks and has advanced its 240,000-tonne capacity ramp-up by three months after reporting stronger-than-expected Q2 revenue.
YOUNGY reported interim net profit growth of more than 1,000% year on year, driven by higher lithium prices and increased production volumes.
A California court has ruled that a lithium project in Imperial Valley lacks adequate water supply, posing a fresh obstacle to its development.
Evonik has launched a pilot phase for its Liocel adsorbent at the Altmark lithium extraction project with Neptune Energy, while also lifting its 2026 EBITDA target and outlining job cuts.
Sigma Lithium reported second-quarter lithium concentrate production of 35,400 tonnes, up 52% quarter on quarter, with unit cash costs down 33% to $452 per tonne.
Sigma Lithium delivered solid second-quarter results while market focus shifted to the possibility of a production halt.
Albemarle's second-quarter earnings jumped on improved lithium prices, with net sales of about $1.74 billion and adjusted EPS of $3.75.
Yongshan Lithium has topped out its 22,000-tonne-per-year lithium salt project, with total capacity set to reach 60,000 tonnes.
Tibet Mining's H1 net profit was RMB 60.0663 million, a year-on-year swing to profit; lithium salt selling prices rose year-on-year.
India's MMDR Act amendment ushers in major adjustments to critical minerals policy.
Net profit attributable to shareholders was RMB 60.0663 million, versus a loss of RMB 15.305 million in the year-ago period, turning from loss to profit year on year.
Strong lithium battery demand and bullish institutional views boost energy metals sector activity.
Despite low capacity utilization and cash-flow pressure, Shida Shenghua still plans to invest 2.8 billion yuan to expand lithium battery materials production.
Chuneng New Energy's Yichang Phase II 80 GWh lithium battery project has started production.