lithium

China is no longer building fossil fuel power stations at the rate of two a week, as the world opts for greener energy options. Still, the metals needed to achieve these goals will surge again, according to Patricia Mohr, commodities expert and a former vice president at Scotiabank. Mohr told...

A leading miner, Rio Tinto (NYSE:RIO), announced a $350 million investment in its Rincon project in Argentina. The largest global iron ore miner is looking to expand the lithium plant purchased from Rincon Mining for $825 million in 2022, casting a spotlight on the overlooked country which is...

Lithium stands as the cornerstone of the electric vehicle (EV) revolution. It powers the development of lightweight, high-capacity batteries essential for the transition to sustainable transportation. With EV sales experiencing remarkable growth annually, the demand for lithium is skyrocketing....

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are venturing into lithium production, aiming to extract the mineral from brine in their oilfields. This move aligns with their efforts to diversify and tap into the growing demand for electric vehicles (EVs), similar to Exxon...

The electric vehicle (EV) industry is experiencing a significant shift as producers of lithium and nickel, essential components in lithium-ion batteries, are pausing projects and shutting down mines in a bid to conserve cash. This move comes in the wake of a dramatic decrease in commodity prices,...

During the “Mining Unearthed: Navigating the Ore of Innovation” virtual event, Miles Rideout, vice president of Exploration at Argentina Lithium and Energy Corp (OTC:LILIF), shed light on the company’s mission. Operating from Vancouver and focusing on Northwest Argentina, the firm...

Exxon Mobil Corp (NYSE:XOM)’s recent earnings announcement closed up another successful year in which the company delivered $36 billion in earnings. Despite operating some of the most lucrative global oil projects, the company understands the inevitability of energy transition, deciding to...

The United States Secretary of Energy, Jennifer Granholm, has expressed concerns about China’s overwhelming control of the global supply chain for critical minerals. What Happened: Granholm voiced her apprehensions during the International Energy Agency’s 2024 Ministerial Meeting in...

Top Stories for Jan. 19, 2024: 1. The boron and lithium company 5E Advanced Materials, Inc. (NASDAQ: FEAM) announced that it selected Fluor Corporation as its engineering, procurement and construction services provider. The company will lead 5E’s FEL-2 and the upgrade of its current S-K 1300...

Top Stories for Jan. 18, 2024: 1. BMO Capital analyst Katja Jancic maintained a Market Perform rating for Alcoa Corporation (NYSE: AA) but lowered her price target from $30 to $29. The news follows Alcoa’s Q4 earnings report, where it announced a quarterly loss of 56 cents per share (+20% YoY...

In the wake of a booming global electric vehicle (EV) market, Chinese EV titan BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) is rumored to be holding negotiations with Brazilian lithium producer Sigma Lithium Corp (NASDAQ:SGML), indicating a possible acquisition. What Happened: BYD, the globe’s leading...

American Lithium (NASDAQ:AMLI) announced a new estimated value of its Falchani lithium project, tripling the previous forecast to $5.11 billion. Alongside lithium carbonate, a potential potash sulfate and cesium sulfate byproducts could raise the after-tax value to $5.58 billion. "The very large...

The lithium market is facing persistent turmoil as spot prices have continuously declined for more than a year. Supply shortages and speculation caused a lithium bubble in 2022, with spot prices reaching CNY 600,000 ($84,400)/ton. However, increased production and subdued Chinese demand caused the...

In a recent conversation with Peter Diamandis on X Spaces, Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), shared his company’s vision for sustainable energy on our planet. Musk emphasized the potential of lithium batteries and solar energy in powering all industries without depleting Earth...