Lithium carbonate

Aqua Metals Executes $33 Million Non-Binding Loan Term Sheet with One of The World’s Largest Privately Held Companies

Retrieved on: 
Mittwoch, Mai 15, 2024
Phase 1, Partnership, EV, Confidentiality, Metal, Nickel, Recycling, Cotton, Lithium, Cobalt, Growth, Lithium carbonate, Aqua, ARC, CO2, ICF International, United, Greenhouse

Simultaneous to this development, Aqua Metals announced its pricing of an equity raise of $7 million, before commissions, discounts and expenses, to support ongoing operations and strengthen Aqua Metals’ balance sheet, which was an important pre-condition for the strategic lender.

Key Points: 
  • Simultaneous to this development, Aqua Metals announced its pricing of an equity raise of $7 million, before commissions, discounts and expenses, to support ongoing operations and strengthen Aqua Metals’ balance sheet, which was an important pre-condition for the strategic lender.
  • Aqua Metals will strengthen its financial position through this strategic relationship with one of the world’s largest privately held companies, which is investing heavily in a global portfolio of decarbonization technologies.
  • This strategic financial partnership will bolster Aqua Metals’ capacity to advance its sustainable lithium battery recycling operations.
  • “By finalizing this term sheet and moving towards a comprehensive financing agreement, we are positioning Aqua Metals to meet the growing demand for recycled battery materials,” added Cotton.

Stem Announces First Quarter 2024 Results

Retrieved on: 
Donnerstag, Mai 2, 2024
Other Energy, Environment, Technology, Green Technology, Energy, Software, Artificial Intelligence, Lithium, Sale, Nature, Risk, Economics, Health, Depreciation, Webcast, Lithium carbonate, Forecasting, Stem, Acquisition, Event, Telephone, GAAP, Growth

Due to recent market conditions, recorded a net revenue reduction of $33 million in hardware revenue during the three months ended March 31, 2024.

Key Points: 
  • Due to recent market conditions, recorded a net revenue reduction of $33 million in hardware revenue during the three months ended March 31, 2024.
  • It is anticipated that these transactions will close in the second and third quarters of 2024, at which point they will not be subject to future adjustment.
  • The Company recorded the full cost of hardware revenue for these indexed contracts in the first quarter of 2023.
  • Stem will hold a conference call to discuss this earnings press release and business outlook on Thursday, May 2, 2024, beginning at 5:00 p.m. Eastern Time.

CENTURY LITHIUM ANNOUNCES POSITIVE FEASIBILITY STUDY FOR THE CLAYTON VALLEY LITHIUM PROJECT, NEVADA

Retrieved on: 
Montag, April 29, 2024
Lithium, Benchmark Mineral Intelligence, Project, Sale, DLE, Filtration, H2SO4, Risk, Pilot plant, Sodium chloride, GRE, Project management, Mineral, Area studies, Lithium carbonate, Transport, QP, Mineral Resources Limited, AACE, FOB, Hydrochloric acid, Patent, MMSA, Feasibility study, Sodium hydroxide, Commerce, Hydrogen chloride, Century, Mining, CIM, Electrolysis, Recycling, G&A, Saltern

The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.

Key Points: 
  • The QP for the estimate is Ms. Terre Lane, MMSA, an employee of GRE and independent of Century.
  • Metallurgical testing through 2020 focused on using sulfuric acid (H2SO4) to extract lithium from the clay.
  • A lithium recovery of 78% is used in the Feasibility Study, based on the data collected in over two years of operations at the Pilot Pant.
  • Contributors to the estimates are GRE (mining), Wood (process plant and infrastructure), ThyssenKrupp Nucera (chlor-alkali plant) and Century Lithium (property information and owners' costs).

Ascend Elements Launches Logistics Simulation at America's First EV Battery Materials (pCAM) Manufacturing Facility

Retrieved on: 
Mittwoch, April 24, 2024
Knowledge, Supply, Lithium carbonate, Metal, Safety, EY, NMC, Carbon, EV, Element, Apex, Multimedia, CAM, Recycling, Supply chain, Ernst & Young

WESTBOROUGH, Mass., April 24, 2024 /PRNewswire/ -- EV battery materials manufacturer Ascend Elements and the professional services firm Ernst & Young LLP (EY US) are collaborating on the road to net zero carbon emissions. Ascend Elements recently selected EY US to develop a complex logistics simulation model in preparation for the Q1 2025 startup of its one-million-square-foot Apex 1 EV battery materials (pCAM) manufacturing facility in Hopkinsville, Kentucky. The Apex 1 campus will employ over 400 people and produce sustainable engineered battery materials for up to 750,000 electric vehicles per year.

Key Points: 
  • Ascend Elements recently selected EY US to develop a complex logistics simulation model in preparation for the Q1 2025 startup of its one-million-square-foot Apex 1 EV battery materials (pCAM) manufacturing facility in Hopkinsville, Kentucky.
  • "As you can imagine, a project of this size and scope requires a lot of logistics planning," said Rodrigo Almeida, Sr. Director of Supply Chain at Ascend Elements.
  • Ascend Elements' Apex 1 facility in Hopkinsville, Kentucky, will be North America's first sustainable cathode precursor (pCAM) manufacturing facility.
  • From EV battery recycling to commercial-scale production of lithium carbonate and NMC precursor (pCAM) and cathode active materials (CAM), Ascend Elements is revolutionizing the production of sustainable lithium-ion battery materials.

5E Advanced Materials Commences Commercial Production At 5E Boron Americas Complex

Retrieved on: 
Dienstag, April 2, 2024
Lithium, Advanced Materials, Boron, Critical infrastructure, National security, PLS, Research, ASX, Lithium carbonate, NDAA, Primary energy, Government, Fiscal, 5E, Economics, Mining

HESPERIA, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the Company’s operations team has successfully commissioned the facility and has launched full commercial operations.

Key Points: 
  • HESPERIA, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E” or the “Company”), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced the Company’s operations team has successfully commissioned the facility and has launched full commercial operations.
  • 5E Boron Americas Complex is fully commissioned and has now transitioned to operational status.
  • Susan Brennan, Chief Executive Officer at 5E Advanced Materials, stated, “I am proud to announce that 5E has achieved the most significant milestone in our Company’s history, as we have recently commenced commercial production of boric acid at the 5E Boron America’s Complex.
  • 5E Advanced Materials will continue to keep its various stakeholders informed as commercial production progresses in April and as operations advance.

Lithium South Developing High-Value Alternatives in Lithium Production

Retrieved on: 
Montag, April 8, 2024
Lithium, Lithium chloride, National Instrument 43-101, Eon, Laboratory, National instrument, Lithium carbonate

The first option yielded a super-concentrated Lithium Chloride (LiCl) brine containing 6% lithium content by mass, demonstrating a cumulative lithium recovery of 67% after pre-concentration and concentration evaporation stages.

Key Points: 
  • The first option yielded a super-concentrated Lithium Chloride (LiCl) brine containing 6% lithium content by mass, demonstrating a cumulative lithium recovery of 67% after pre-concentration and concentration evaporation stages.
  • In the second option, Lithium South successfully produced a bulk lithium carbonate (Li2CO3) product, showing potential for purification to battery grade quality.
  • "Exploring these innovative production methods allows us to future-proof our project and potentially tap into more lucrative markets," said Adrian F. C. Hobkirk, Founder and CEO of Lithium South.
  • Lithium South Development remains committed to advancing its HMN Li Project, leveraging both traditional and innovative methods to ensure sustainable, efficient, and high-quality lithium production.

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

Retrieved on: 
Montag, März 18, 2024
Natural Resources, Batteries, Environment, Alternative Energy, Energy, Technology, Green Technology, Mining, Minerals, EV, Manganese, Recycling, Committee, Partnership, Form, Webcast, PIK, Sale, Nickel, CPP, LON, Lithium carbonate, Engineering, Lithium, Spoke, Workforce, CTC, DOE, Cobalt, MHP

We also continue to work closely with the DOE on the conditional commitment for a loan of up to $375 million.

Key Points: 
  • We also continue to work closely with the DOE on the conditional commitment for a loan of up to $375 million.
  • This demonstrates Glencore’s continued endorsement of Li-Cycle’s Spoke & Hub model, patented recycling technology, and development plans for the Rochester Hub.
  • Glencore’s $75 million investment represents an interim step in Li-Cycle’s funding strategy to support the Company’s future plans.
  • The Glencore $75 million investment is expected to close on or about March 25, 2024, subject to customary closing conditions.

US lithium demand predicted to grow nearly 500% by 2030; Fastmarkets steps in to provide regional price transparency

Retrieved on: 
Donnerstag, April 4, 2024
Lithium, IRA, Growth, Lithium hydroxide, Lithium carbonate, History, Inflation, PRA

LONDON, April 4, 2024 /PRNewswire/ -- Fastmarkets, an industry-leading cross-commodity price-reporting agency (PRA), launches region-specific lithium price assessments for western markets to increase price transparency ahead of significant growth in EV demand.

Key Points: 
  • LONDON, April 4, 2024 /PRNewswire/ -- Fastmarkets, an industry-leading cross-commodity price-reporting agency (PRA), launches region-specific lithium price assessments for western markets to increase price transparency ahead of significant growth in EV demand.
  • Fastmarkets forecasts a significant growth in demand for lithium in the US of 487% to almost 412,000 tonnes of lithium carbonate equivalent by 2030.
  • Fastmarkets was the first price reporting agency to launch spot battery-grade and technical-grade lithium hydroxide and carbonate price assessments for the US and Europe.
  • Our launch of lithium price assessments showcases our commitment to empowering the EV and battery industries with essential market insights."

American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

Retrieved on: 
Montag, Februar 26, 2024
Lithium, Technical report, LOM, Project, Mining, News, Technical, Consultant, Health, PEA, Lithium carbonate, Legislation, Accident, MINEM, INGEMMET, Economics, TSX Venture Exchange, Stantec, LCE, Capital, Supreme court, Potassium, Insurance, Sulfate, Nature, Government, Dispute resolution, Geology, Macusani, Caesium, National instrument, Report, Administration, TLC, Environmental impact assessment, SOP, OPEX, Failure, Superior court

“This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.

Key Points: 
  • “This is a major milestone in the process to complete pre-feasibility and move the Project into mine permitting.
  • The filing of the Semi-Detailed Environmental Impact Assessment late last year also positions the Project to be fast-tracked.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium was subsequently notified that INGEMMET and MINEM have filed petitions to the Supreme Court of Peru to assume jurisdiction in the proceedings.

Stem Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mittwoch, Februar 28, 2024
Software, EV, Electric Vehicles, Utilities, Hardware, Fleet Management, Sustainability, Alternative Energy, Energy, Technology, Automotive, Artificial Intelligence, Environment, Green Technology, Lithium, Acquisition, Stem, Forecasting, Telephone, Growth, Nature, Federation, Risk, Health, Event, GAAP, Webcast, Lithium carbonate, Depreciation, Bank

Our calculation of these non-GAAP financial measures may differ from similarly-titled non-GAAP measures, if any, reported by other companies.

Key Points: 
  • Our calculation of these non-GAAP financial measures may differ from similarly-titled non-GAAP measures, if any, reported by other companies.
  • The Company recorded the full cost of hardware revenue for these indexed contracts in the first quarter of 2023.
  • The call can also be accessed live over the telephone by dialing (855) 327-6837, or for international callers, (631) 891-4304 and referencing Stem.
  • A replay of the webcast will be available on the Company’s website at https://investors.stem.com/overview for 12 months after the call.