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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

Green Car Congress

China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. Our decision to carry out our lithium project in Argentina is in line with the dynamic of strong market growth. Background.

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Ultra Lithium, Power Metals respond to Government of Canada’s order for Chinese divestment in critical minerals

Green Car Congress

The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Ultra Lithium is proceeding with planned work programs at its properties in Northern Ontario and Argentina. Earlier post.)

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BYD to build new $1.2B battery factory in China

Teslarati

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. Now, as the company looks to expand outside of Asia, it is doubling down on its Chinese production capabilities. The post BYD to build new $1.2B The post BYD to build new $1.2B

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Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

China is stepping up its pursuit of control of the lithium supply chain, underpinned by the rapid growth of its lithium-ion battery industry building on agressive policy surrounding electric vehicle sales, according to metals and mining consultancy Roskill.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. Even in Canada, Chinese money has been crucial.

China 52
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Nio buys 12% stake in lithium mining company

Teslarati

Nio is taking steps to secure raw materials for battery production. Greenwing plans to use 80% of the funds from Nio’s purchase for its San Jorge Lithium Project in Argentina. In August, the Chinese automaker announced plans to enter the U.S.market by 2025. per share (Placement). It began hiring at its U.S.

Buy 75
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Oversold Lithium could be about to rally

Green Car Congress

The report put the final nail in the coffin of the decade-long lithium rally—Fastmarkets reckons that prices for battery-grade lithium carbonate in China, by far the world’s largest consumer of high-grade lithium carbonate, tumbled 50.31 Miller sees 2019 as the tipping point where demand will eventually outstrip supply starting 2020.

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