The US mineral oil company ExxonMobil is apparently getting involved in lithium mining. According to information from US media outlets, the oil giant has acquired drilling rights for an area in the US state of Arkansas where large lithium deposits are suspected.
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Ford is procuring lithium on a large scale for the batteries for its electric cars. The carmaker now signed agreements with five companies. Depending on the supplier, the first battery-grade materials will be delivered to the carmaker between 2025 and 2026.
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South Korean battery manufacturer LG Energy Solution (LGES) is investing in Australian-based lithium miner Green Technology Metals (GT1) and has signed a preliminary supply agreement with GT1 for North America.
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General Motors-backed Canadian battery recycler Lithion is building its first commercial critical minerals recovery facility in St-Bruno-de-Montarville, near Montreal, with plans to start operations this autumn.
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Electra Battery Materials Corporation has successfully recovered lithium in its black mass recycling trial being conducted at its refinery north of Toronto.
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LG Chem has secured lithium from North America. The South Korean chemical company has signed offtake agreements with Piedmont Lithium for a total of 200,000 metric tons of spodumene concentrate (SC6). In addition, LG has also taken a financial stake in Piedmont.
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According to media reports, during German Chancellor Scholz’s visit to Canada, Volkswagen and Mercedes Benz signed agreements with the Canadian government to secure access to crucial battery raw materials such as lithium, nickel and cobalt.
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The Canadian recycling company Li-Cycle is now giving details of its announced first battery recycling plant in the USA. The company will invest more than 175 million US dollars in this plant in Rochester, New York State.
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Canada’s Li-Cycle recycling company announces that it has completed its first commercial shipment of recycled battery materials. The firm says it can recover over 80 per cent of the elements found in lithium-ion batteries.
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