article thumbnail

President of Mexico nationalizes lithium

Green Car Congress

Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. According to the resource assessment report of SRK Consulting (UK), the total lithium resource of the project is approximately 8.82 What we are doing now.

Mexico 543
article thumbnail

Bolivia chooses ACI Systems as strategic partner to industrialize lithium deposits

Green Car Congress

Salar de Uyuni in the Andes in southwestern Bolivia is the world’s largest salt flat (10,582 km 2 / 4,086 mi 2 ) and holds the. All the brines are essentially saturated with halite and are moderately high in sulfate (5000-15,000 ppm SO 4 ) but low in carbonate (<500 ppm HCO 3 ). world’s largest known deposit of lithium.

Bolivia 186
article thumbnail

Study finds megacity traffic soot can reach high altitudes and be transported over long distances, contributing to global warming

Green Car Congress

Long-term measurement data of the equivalent black carbon (eBC) mass concentrations and particle number size distributions (PNSD) from the Global Atmosphere Watch Observatory Chacaltaya (CHC; 5240?m Scientists therefore hope to gain important insights from the Chacaltaya altitude observatory in Bolivia, which became operational in 2012.

Bolivia 247
article thumbnail

Rio Tinto to invest USD 350 million in Argentina lithium project – ET Auto

Baua Electric

The company purchased the Rincon project from Rincon Mining in 2022 for USD 825 mn, and plans to develop a battery-grade lithium carbonate plant with an annual capacity of 3,000 tons. Rio Tinto said it is working with local communities and authorities to ensure environmental standards.

article thumbnail

Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. —Galaxy Managing Director Iggy Tan.

Carbon 225
article thumbnail

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

Green Car Congress

A Korean consortium including Korea Resources Corp. 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. Korea Herald. million tons, respectively. million tons and 2.6

Bolivia 199
article thumbnail

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

Green Car Congress

Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral. This really is disruptive technology. Albemarle Corp.

Nevada 150