News about Lithium

Chilean court freezes sale of stake in lithium giant SQM to Tianqi
A Chilean court on Thursday suspended the sale of a coveted stake in lithium producer SQM SQM_pb.SN to China’s Tianqi Lithium Corp, saying it will consider a lawsuit filed by the Chilean company’s controlling shareholders, who oppose the deal.

Lithium Producer Livent ends first day flat as stock markets fall
Shares of lithium producer Livent Corp. closed flat in their public debut amid another broad decline in U.S. stock markets, an indication of the interest investors have in companies tied to the electric-vehicle market.

Shares in Lithium Producer Sink 29% in Lackluster Debut
A major advantage of lithium batteries compared to those made of other materials is they tend to be much lighter. This will have been of little comfort to metal producer Jiangxi Ganfeng Lithium Co. Ltd., however, when its stocks sank like lead on its trading debut on the Hong Kong Stock Exchange.

Here’s Where Tesla’s Supplier Says the Lithium Market Is Heading
While a supply shortage still looms in the lithium market next decade, the industry should brace for further volatility into next year, according to Wang Xiaoshen, vice chairman of Jiangxi Ganfeng Lithium Co., which is forecast to become the second-largest producer from this year.

Lithium in Peru: Should Bolivia worry?
According to the Bolivia Vice-Minister of Energetic High Technologies, Luis Alberto Echazu, Bolivia does not need to worry for the discovery of Lithium in Peru because the Bolivian project is progressing. He added that it is expected that in 2019 Bolivia will be exploiting lithium carbonate at an industrial level.

Morales: Bolivia will defined the prices of lithium batteries around the world
Bolivia’s president, Evo Morales, stated that in the next years his country will define the price of lithium batteries worldwide, once the industrialisation of this mineral is achieved

Bolivia’s lithium, the gold of the future
Lithium is not only important for Bolivia, but for the rest of the world as well. This situation gives Bolivia leverage to define the prices and a great power of negotiation. That’s the view of Benjamin Beutler, journalist and author of “Das weisse Gold der Zukunft (2011) – The White Gold of the Future- during a conference about the topic at the Ibero-American Institute in Berlin.

Labour Minister says that lithium will benefit Potosi and criticises the state of emergency in Comcipo
Bolivian Labour Minister, Hector Hinojosa, said that the Industrial Plant of Potassium Chloride will benefit Potosi and Bolivia and criticised the declaration of state of emergency by Comcipo.

Experts suggest to enhance negotiation process with Germans
Former YPFB’s Industrialisation Manager, Saul Escalera, proposed the state lithium company (YLB) to improve the negotiation process with the german partner (ACI Systems GmbH, by clearly establishing the strategic value of magenesium in all the projects related with exploitation of lithium in the coming years.