Hot News

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  SQM reports a decline in lithium revenues while maintaining production guidance

  Sociedad Química y Minera de Chile (SQM) reported a significant drop in lithium revenues for Q3 2024, reflecting persistent pricing pressures in the global market.

• Sigma Lithium expects Phase 2 expansion to be operational within 12 months

  On 15 November, Sigma Lithium released its Q3 2024 results, reporting higher-than-expected production while progressing on its Phase 2 expansion project.

• Sayona and Piedmont merge to form a US$623 Million North American lithium leader

  Sayona Mining and Piedmont Lithium have announced a US$623 million all-stock merger to create North America’s largest hard-rock lithium producer.

• ExxonMobil signs MOU with LG Chem to supply lithium

  ExxonMobil and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear supply of up to 100,000 metric tonnes of lithium carbonate.

• Copper inventories in domestic bonded zones decreased

  SMM, Nov 22: According to the SMM survey, as of November 21, copper inventories in domestic bonded zones decreased by 800 mt WoW to 62,000 mt.