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Lithium

Liontown shares crash to a 17-month low after Albemarle cuts its losses and bails out of the lithium hopeful

by Anas Siddiqui
Liontown shares crash to a 17-month low after Albemarle cuts its losses and bails out of the lithium hopeful

Albemarle’s exit from the Gina Rinehart-backed Liontown Resources has condemned the one-time market darling to a 60 per cent value drop since its last heyday in October. Shares in Liontown …

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Ambitious billionaires, inflation & prospects of a nickel bust among the 7 things to shape WA business in 2024

by Anas Siddiqui
Ambitious billionaires, inflation & prospects of a nickel bust among the 7 things to shape WA business in 2024

As we head into a brand new year, some of the factors set to dominate business in WA are a carry-through of 2023. But still others could dramatically shift how …

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Opinion | EU losing two trade deals would look less like misfortune, more like carelessness

by Walter Watson
Opinion | EU losing two trade deals would look less like misfortune, more like carelessness

In Oscar Wilde’s masterful play The Importance of Being Earnest, first performed in 1895, Lady Bracknell famously says that “to lose one parent may be regarded as a misfortune, to …

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Rio Tinto dips another toe into lithium with Goldfields deal as the price for the battery input slumps further

by Anas Siddiqui
Rio Tinto dips another toe into lithium with Goldfields deal as the price for the battery input slumps further

Rio Tinto has signed a farm-in agreement at the Lake Johnston lithium project in the Goldfields, a region swiftly emerging as the new frontline in the ongoing lithium land grab. …

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Glencore adds more lithium supply in deal with Perth-based Galan Lithium as focus shifts to metals

by Anas Siddiqui
Glencore adds more lithium supply in deal with Perth-based Galan Lithium as focus shifts to metals

Glencore has secured another source of lithium supply after it signed an offtake agreement with a junior WA miner, boosting the commodity giant’s exposure to the critical battery metal as …

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Why Some Auto Workers Are Voting No On Historic Contract

by Horatio Thompson
Why Some Auto Workers Are Voting No On Historic Contract

Good morning! It’s Wednesday, November 15, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Exxon Mobil Plans Domestic Production Of Lithium In The U.S.

by Horatio Thompson
Exxon Mobil Plans Domestic Production Of Lithium In The U.S.

Exxon Mobil plans to begin domestic production of lithium which could soon supply EVs that are “Made in America,” right down to the lithium used in their batteries. That would …

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EU agrees rules to secure critical raw materials amid race with China and US

by Walter Watson
EU agrees rules to secure critical raw materials amid race with China and US

European Union countries and lawmakers at the European Parliament on Monday clinched a deal on rules to secure the bloc’s supply of critical raw materials ranging from aluminium to lithium, …

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Mineral Resources strikes deal with Pantoro worth up to $60 million for lithium and base metal rights

by Anas Siddiqui
Mineral Resources strikes deal with Pantoro worth up to  million for lithium and base metal rights

Chris Ellison’s Mineral Resources is continuing its buying spree for WA’s battery metal assets, signing a deal to acquire lithium and base metals rights at Pantoro’s flagship project in the …

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Portugal Prime Minister Antonio Costa resigns amid corruption scandal

by Ron Morgan
Portugal Prime Minister Antonio Costa resigns amid corruption scandal

Portuguese Prime Minister Antonio Costa announced his resignation on Tuesday after he was embroiled in a corruption investigation into the awarding of energy-related contracts. The probe involving Costa and others …

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