Nio enters race for lithium with Australian investment
The electric vehicle maker will pay $7.7 million up front and up to $80 million more for a stake in an Argentine mining project in its tie-up…
Nio says deal with lithium firm Greenwing aims to secure long-term competitiveness
In the first half of this year there were industry sources saying that Nio was intensively researching lithium mines and that the company was…
Nio takes stake in Australian lithium firm Greenwing, sending latter’s share price soaring over 60%
Nio, through its wholly owned subsidiary Blue Northstar Limited, has agreed to pay A$12 million to Greenwing in a strategic financing deal.
Tianqi Lithium’s H1 net profit up 119 times as lithium prices soar
Lithium carbonate prices in China rose from RMB 270,000 per ton at the beginning of the year to about RMB 470,000 per ton at the end of the…
China imports lithium carbonate in July at about 10 times price of same month last year
Lithium resources are sufficient and the Chinese NEV market will not be materially affected by lithium prices in the coming months, according…
CAAM official complains about abnormally high raw material prices for NEVs
Through several years of technological upgrades, the price of batteries has come down a lot. But the price of raw materials has risen, making…
Tianqi Lithium expects H1 net profit to rise over 110 times year-on-year
Tianqi Lithium attributed the big increase in its first-half results to the significant growth in sales volume and selling price of its…
Ganfeng Lithium to buy Lithea, which has lithium resources in Argentina, for up to $962 million
Lithea's main asset, the PPG project, is a lithium salt lake project in Argentina that includes two lithium salt lake assets.
Tianqi Lithium signs deal to supply lithium hydroxide to LG Chem
A subsidiary of Tianqi Lithium has signed an agreement with LG Chem to sell lithium hydroxide to the latter from January 1, 2023 to December 31, 2026.
Gotion to build facility in Argentina capable of producing up to 60,000 tons of lithium carbonate per year
Gotion batteries produced in Argentina are expected to be used in Germany, India, the United States, Spain and Vietnam, it said.