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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

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Bass Metals to acquire San Jorge lithium brine project in Argentina

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Australia-based Bass Metals has signed a binding term sheet to acquire Blackearth SA which holds an option to acquire the san Jorge Lithium Project located in Catamarca province, Argentina. Bass has exposure to both. —Rick Anthon, Chairman Bass Metals.

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GlobalData: Global lithium production to triple over the next four years

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per annum, global output is expected to triple between 2018 and 2022 to reach 154kt (metal content), as 86kt of new metal capacity comes on stream to meet the increasing demand for the metal for use in batteries in electric vehicles and smartphones. Identified lithium resources in Argentina are 9.8

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

Baua Electric

In a move aimed at bolstering its lithium reserves and fostering the development of lithium mining and downstream sectors, India’s state-owned Khanij Bidesh India (KABIL) has inked a significant lithium exploration deal in Argentina. This includes initiatives in countries like Australia, Argentina, and Chile.

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Allkem and Livent to merge to create $10.6B lithium producer, one of world’s largest

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Australia-based Allkem and US-based Livent announced a definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina.

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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. of global sales, followed by Germany (4.8%) and the UK (4.1%). In 2017, 1.1

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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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Against this background of exceptional growth, the International Lithium Association (ILiA) has been formed to provide a central, global voice for the lithium producers and their stakeholders, and to promote a sustainable and a responsible future for the lithium value chain. The five founding members of ILiA are SQM; Ganfeng Lithium Co.,