Chinese mining company Tibet Summit Resources will invest $1.7 billion to develop a pair of lithium projects in northwest Argentina, the South American country's economy ministry announced on Wednesday. (Reporting by Lucila Sigal; Editing by David Alire Garcia)
Australian lithium miner Pan Asia Metals said on Friday it had entered into a non-binding memorandum of understanding (MoU) with VinES Energy Solutions Joint Stock Company, a provider of energy solutions in Vietnam.
Australian Strategic Materials Ltd said on Tuesday it had agreed to sell neodymium iron boron alloy from its Korean metals plant to U.S.-based rare-earth magnet maker Noveon Magnetics Inc, sending its shares up by more than a quarter.
Shares in Australian-listed lithium miners jumped on Thursday after a $10.6 billion merger in the sector raised expectations for more consolidation among producers of the key metal in electric vehicle batteries.
In Argentina's mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that could see its output of the key electric vehicle battery metal as much as triple within the next two years.