Billionaire prospector Mark Creasy has more than doubled annual profits at his flagship private company, thanks mostly to Gina Rinehart’s takeover of lithium explorer Azure Minerals. Creasy’s ...
The project contains enough lithium to power roughly 370,000 EVs each year. Construction is slated to begin next year, with production commencing by 2028.
In February, Li Xiang, founder, chairman and CEO of Li Auto, announced a full-year sales target of 800,000 units on the eve of the launch of the company's first battery electric vehicle (BEV) model, ...
While most of the world's lithium is produced in Australia and South America, some two-thirds of it is processed in China, which also dominates EV-battery manufacturing. The US imports about 25% ...
Li Auto Inc. reported better-than-expected third-quarter results, as the company’s production costs started to stabilize and efficiency measures came into effect. Founded in 2015, the automaker ...
Historically, lithium had little economic significance, but surging demand for lithium-ion batteries has sharpened focus on these deposits. The U.S. Geological Survey reports that batteries ...
Lithium-ion (Li-ion) battery technology has historically been the power cell of choice, especially given that we’re always all looking to maximize our smartphone’s battery life. However ...
The fire was sparked at a lithium-ion-battery processing plant owned by Critical Mineral Recovery. On its website, the company says the 225,000-square-foot plant is used to “recycle lithium-ion ...
The USGS estimates that Arkansas may hold as much as 19 million tons of lithium in salty brine, which Exxon intends to extract for use in electric vehicle batteries and other applications. Exxon’s ...
Solidion’s solid-state batteries can be manufactured at scale using current lithium-ion cell production facilities; this feature enables fastest time-to-market of safe solid-state batteries.