Chariot Corporation has secured a convertible note deal,roping in up to $2 million to fuel its lithium hunt across the United States and Australia.
While prices have started to pick up again,this major green energy metal’s fortunes in 2025 will hinge on whether electric vehicles sales can maintain their momentum.
A $400 million Battery Energy Storage System will use lithium-ion battery technology to support the WA power grid through wind and solar energy.
The WA government has announced a two-year-long $150 million support package for the state’s embattled lithium industry as it grapples with a price slump for the commodity.
This week’s Bulls N’ Bears Runner of the Week is … lithium. The metal is back in the headlines for all the right reasons,inspiring several share price jumps.
With global lithium prices in a slump,mining giant Rio Tinto has wasted little time in buying US-based Arcadium Lithium for almost $10 billion.
The mining giant is hoping to break the jinx of Australian companies faring poorly on foreign acquisitions. But it would need to convince the market that buying lithium is worth it.
Chariot Corporation has adopted a pilot plant plan for its high-grade US lithium play,fast-tracking production for an early payback on rising lithium demand.
One of Australia’s top lithium producers says no one is making money from mining the key battery ingredient at current prices as electric car sales languish.
The collapse in lithium prices has crushed full-year profits at Australia’s leading producer,Pilbara Minerals,and denied shareholders any dividends.