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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

Green Car Congress

Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). The proceeds from this capital investment will further the company’s commercialization efforts of its direct lithium extraction and refinery technologies.

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Tesla battery supplier CATL plans to acquire lithium mining company in Canada

Teslarati

Tesla battery supplier Contemporary Amperex Technology (CATL) has set plans in motion to acquire Canada-based Millennial Lithium. Millennial Lithium released an official announcement about the CATL Arrangement Agreement on its website. The Canadian company has two lithium mining projects in Argentina.

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KABIL Secures $24 Million Lithium Exploration Deal in Argentina | Autocar Professional

Baua Electric

The exploration pact grants KABIL exclusive rights to explore and develop lithium resources in five blocks in Argentina. V L Kantha Rao, India’s top bureaucrat in the mining ministry, had previously hinted at the country’s interest in lithium assets, mentioning preliminary discussions with Bolivia in December.

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Report: Japan to aid Bolivia for lithium supplies

Green Cars News

The race is on to get ahead in the green car era – and now Japan, already the frontrunner, is planning to offer economic aid to countries that produce rare earth metals or lithium in exchange for supplies of their resources. That’s the report from Japanese business daily The Nikkei, which suggests the materials would be [.].

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Report: Japan to offer lithium assistance to Bolivia

Green Cars News

Japan is poised to offer technical assistance to Bolivia as it bids to develop its lithium resources and ensure a stable supply of the metal. According to reports in the Nikkei, supplies of lithium are expected to become increasingly scarce in Japan from around 2015 as more people start to drive electric cars powered by [.].

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

Green Car Congress

While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom. This really is disruptive technology.

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. A Korean consortium including Korea Resources Corp. million tons, respectively.

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