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lithium hydroxide

Pilot plant begins production of lithium-ion battery materials from Canada’s emerging lithium district

Wed, 01/13/2021 - 11:32 -- Paul Crompton

A pilot project to directly produce lithium hydroxide from a Canadian resource has been started by Frontier Lithium with XPS Expert Process Solutions a subsidiary of Glencore.

The mini-pilot plant will be at the Canadian firm’s research and development centre in Falconbridge, Ontario and at other off-site locations.  

Image: Commissioning of pilot rotary kiln for pyrometallurgical processing.

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Tesla secures five-year supply of lithium in deal with China’s Yahua

Mon, 01/04/2021 - 11:01 -- Paul Crompton

US electric vehicle (EV) maker Tesla has signed a five-year deal to receive battery-grade lithium hydroxide from China’s Sichuan Yahua Industrial Group. 

The total value of the contract, signed by Yahua's wholly-owned subsidiary Yaan Lithium, is $630-$880 million and lasts up to 2025, according to news outlet Reuters, which quoted a filing by the Shenzhen Stock Exchange.

The cost value translated into a total lithium hydroxide procurement amount of 63,000-88,000 tonnes, or 12,600-17,600 tonnes per annum, according to analysts at Daiwa Capital Markets.

Last May, Yahua commissioned a 20,000 tonnes per year lithium hydroxide plant in Yaan city into operation, more than doubling its previous capacity.

It already sources lithium - an ingredient in EV batteries - from China’s Ganfeng Lithium, one of the world’s top lithium producers.

In 2018, Tesla signed a deal to receive a fifth of China's largest lithium compounds producer, Jiangxi Ganfeng Lithium’s production. Under the terms of the agreement, Tesla also designated its battery suppliers to buy lithium-hydroxide products from Ganfeng.

In 2019, Ganfeng Lithium finalised a $160 million investment deal to raise its stake in Argentina’s Cauchari-Olaroz lithium brine project to 50%. Ganfeng Lithium now partners with Canada’s Lithium Americas in a 50-50 joint venture that will develop and operate the project.

Firms form JV to manufacture lithium-ion battery cathode material in Canada

Thu, 06/04/2020 - 11:10 -- Paul Crompton

Prairie Lithium and LiEP Energy will initiate a two-stage pilot project to produce the key lithium-ion battery cathode material lithium hydroxide from oilfield brines in Canada.

Through a joint venture called the Prairie-LiEP Critical Mineral (PLCM) and pending regulatory permits, stage one of the project is expected to begin next month in Saskatchewan.

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Australia-India lithium refinery project under evaluation

Sun, 06/23/2019 - 22:29 -- John Shepherd
Australia-India lithium refinery project under evaluation

Australia-listed Neometals has signed a binding memorandum of understanding with Indian company Manikaran Power to jointly fund the evaluation of developing “India’s first lithium refinery”.

A final investment decision (FID) on creating a 50-50 joint venture for the refinery will be taken after completion of a feasibility study, Neometals said.

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Ganfeng Lithium in battery material cash boost for Bacanora

Mon, 05/20/2019 - 17:37 -- John Shepherd
Ganfeng Lithium in battery material cash boost for Bacanora

Ganfeng Lithium, China's largest lithium compounds producer, is tightening its grip on the battery raw materials market by agreeing to buy a 30% stake in Mexico-focused Bacanora Lithium.

London-listed Bacanora has signed a non-binding agreement for Ganfeng to pay £14.4 million (US$18.3m) in cash for the stake— in addition to the Chinese firm taking an initial 22.5% direct interest in northern Mexico’s Sonora Lithium Project for £7,563,649, with an option to increase its stake up to 50%.

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Australian miner signs China EV lithium supply deal

Fri, 05/03/2019 - 10:53 -- John Shepherd
Australian miner signs China EV lithium supply deal

Australian lithium producer Alliance Mineral Assets has signed an agreement with a Chinese producer of engines for electric vehicles (EVs) that paves the way to jointly produce and sell battery-grade lithium hydroxide.

Alliance said the non-binding memorandum of understanding with Jiangxi Special Electric Motor is to develop the terms on which the parties will cooperate in the 50-50 joint venture.

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LG Chem hails “massive” deal with China’s Ganfeng for batteries

Tue, 08/28/2018 - 12:27 -- John Shepherd
LG Chem logo

South Korean battery firm LG Chem has agreed a deal to acquire a “massive volume” of a key material from China's largest lithium compounds producer, to spur production of batteries for electric vehicles.

LG Chem said it had signed a contract with Ganfeng Lithium for the supply of a total 48,000 tons of lithium hydroxide, “enough to manufacture about one million batteries”.

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LG Chem powers battery supply with Nemaska Lithium deal

Thu, 07/12/2018 - 09:20 -- Xuan Zhong
LG Chem powers battery supply with Nemaska Lithium deal

South Korean battery firm LG Chem has signed an initial five-year deal for the supply of battery-grade lithium hydroxide from Canada’s Nemaska Lithium.

LG Chem will receive 7,000 tonnes of lithium hydroxide annually from October 2020, on a take-or-pay basis, to help fuel battery production.

 

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Australia urged to take on Asia in battery hub bid

Wed, 05/30/2018 - 09:12 -- John Shepherd
Australia urged to take on Asia in battery hub bid

Mining firms have unveiled a blueprint they say could transform Australia into a global battery development hub— and grab a multi-billion-dollar slice of the “lithium value chain”.

A new report from Australia’s Association of Mining and Exploration Companies (AMEC) calls on the federal government to declare battery minerals processing an “industry priority”— and use tax breaks and other incentives to entice global industry giants to the country to kick-start a domestic battery industry.

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