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Lithium

Electric vehicle sales boom unlikely to ease Asia’s dependence on energy imports, analysts warn

by Walter Watson
Electric vehicle sales boom unlikely to ease Asia’s dependence on energy imports, analysts warn

The International Energy Agency (IEA) has forecast that electric vehicle sales are set to explode tenfold by 2030 – a 38 per cent market share – after the share of …

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Battery metals lose lustre as surge in supply outpaces demand

by Anas Siddiqui
Battery metals lose lustre as surge in supply outpaces demand

In the fast-moving world of battery metals, 2022 already feels like a bygone era. Back then, prices were soaring, automakers were fretting about long-term shortages and Elon Musk was describing …

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Lithium sell off wave hits the ASX as UBS slashes electric vehicle growth expectations

by Anas Siddiqui
Lithium sell off wave hits the ASX as UBS slashes electric vehicle growth expectations

A big warning on electric vehicle demand and lithium prices has washed over the ASX’s lithium miners and explorers, leading to a sea of red across the green energy sector …

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Chris Ellison’s Mineral Resources snaps up 19.85 per cent stake in Wildcat Resources

by Anas Siddiqui
Chris Ellison’s Mineral Resources snaps up 19.85 per cent stake in Wildcat Resources

Mineral Resources has not been deterred by Wildcat Resources’ meteoric share price rise, with the Chris Ellison-led miner confirmed to be behind a share raid to acquire a 19.85 per …

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Gina Rinehart’s Hancock Prospecting keeps profit above $5b despite weaker iron ore prices

by Anas Siddiqui
Gina Rinehart’s Hancock Prospecting keeps profit above b despite weaker iron ore prices

Gina Rinehart’s Hancock Prospecting has delivered another mammoth profit as Australia’s richest person continues to diversify her interests beyond Hancock’s well-oiled iron ore cash machine. Hancock delivered revenue of $13.2 …

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History repeats? Lithium deals fervour in the Pilbara has all the hallmarks of another bubble

by Anas Siddiqui
History repeats? Lithium deals fervour in the Pilbara has all the hallmarks of another bubble

The iron ore boom in the 2000s ushered in a new class of mining millionaires and billionaires. While vast iron ore fortunes were amassed in the Pilbara, a graveyard of …

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Chris Ellison at loggerheads with the Chamber of Minerals and Energy over $2b critical minerals package

by Anas Siddiqui
Chris Ellison at loggerheads with the Chamber of Minerals and Energy over b critical minerals package

Chris Ellison says the Federal Government’s $2 billion top up of Australia’s critical minerals investment fund is “not enough”, putting the mining billionaire at odds with WA’s peak resources body. …

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Namibia orders police to stop Chinese firm’s lithium exports

by Walter Watson
Namibia orders police to stop Chinese firm’s lithium exports

Namibia’s government has ordered police to stop Xinfeng Investments from transporting lithium ore inside the country and from exporting it, accusing the Chinese miner of violating the country’s ban on …

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Mark Creasy-backed Azure Minerals into trading halt on potential takeover offer

by Anas Siddiqui
Mark Creasy-backed Azure Minerals into trading halt on potential takeover offer

Market darling Azure Minerals has gone into a trading halt on the back of a potential takeover offer, less than two weeks after major shareholder Mark Creasy topped up his …

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Future unclear for Liontown Resources as Gina Rinehart’s Hancock Prospecting pushes out US giant Albemarle

by Anas Siddiqui
Future unclear for Liontown Resources as Gina Rinehart’s Hancock Prospecting pushes out US giant Albemarle

Gina Rinehart’s Hancock Prospecting has successfully sent US chemicals giant Albemarle packing after a seven-month battle for Liontown Resources, leaving questions over the lithium hopeful’s next moves and the potential …

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