Chile antitrust watchdog probing Tianqi buy of lithium miner stake

Having trouble viewing this email?  View online Lithium & Rare Earth News Digest Wednesday 20 June 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Chile antitrust watchdog probing Tianqi buy of lithium miner stake The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer, read » Indian regulator approves Nutrien's sale of stake in SQM to Tianqi The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China's Tianqi Lithium. read » RANKED: Commodities that are added to mining company names No surprise who the winner is. read » Australia takes over Chile as world's No.1 lithium producer It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines. read » Northvolt begins building Europe's largest lithium-ion battery plant The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt cell capacity per year. read » Rio Tinto signs JV exploration deal with China's Minmetals The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world . read » About 75,000 jobs to go in Germany's auto industry because of EVs — study The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit. read » Shares in lithium giant fall on disappointing auction Chilean lithium producer SQM shares punished after $1 billion of shares auctioned below ruling price. read » Electric vehicles on the road to triple by 2020 — IEA The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year. read » Biggest electric vehicle battery IPO valuation cut in half Time to curb your enthusiasm about the electric vehicle boom and surging demand, prices for lithium, cobalt, nickel, rare earth and graphite? read » Lithium price: Massive supply response gets underway SQM, world no 3 lithium miner, plans to nearly quadruple capacity in fewer than three years – to the equivalent of 84% of global output last year. read » Mergers and acquisitions in Canada stage exceptional comeback in Q1 However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018. read » China's Chilean entry raises doubts about lithium price outlook SQM shares plunge after Tanqi Lithium acquisition seems to indicate cooling fervour for lithium assets. read » China's Tianqi Lithium buys minority stake in SQM for $4.1bn The Asian firm has bought a 24% stake in Chile's Sociedad Quimica y Minera (SQM), one of the world's biggest lithium producers. read » DeepGreen research ship returns with early positive findings on viability of deep ocean metals for our future Third of seven ocean campaigns, Co-sponsored with Maersk, retrieves thousands of polymetallic nodules from top of ocean floor. read » Chile's SQM hires ex-chairman Ponce as adviser, government says SQM has retained former chairman Julio Ponce as an adviser despite an agreement to distance himself from the firm to end a long-running royalties dispute. read » German battery maker Akasol plans Frankfurt listing in June The company is planning to sell new shares worth about 100-125 million euros ($117-$147 mln) in a deal valuing it at about 400-500 million euros. read » Vietnam sets out green ambitions with bold targets for solar, rare earth Vietnam is aiming to increase the use of household solar energy equipment to 12 percent by 2020, and 26 percent by 2030. read » Australia's Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln The land is located in the northern area of the giant Salar del Hombre Muerto salt flat. read » In lithium hot spot, ghost towns recall another boom gone bust While lithium today isn't the linchpin of Chile's economy (that would be copper), miners are aggressively expanding production. read » Read more Lithium & Rare Earth news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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