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China’s lithium plants generate jobs in Zimbabwe, but expansion is pushing some locals out of their homes
GOROMONZI, ZIMBABWE - JANUARY 11: A worker inspects an open cast at Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe. Last month, the Chinese firm Zhejiang Huayou Cobalt said it would pay over $400 million for the hard-rock lithium mine, whose product is a key ingredient in rechargeable batteries used in electric vehicles. The world's transition to "clean energy" may strain global mining capacity to produces these minerals. (Photo by Tafadzwa Ufumeli/Getty Images)
energy and resources
Energy Department tries to boost U.S. battery industry with another $3.5-billion in funding
FILE - This photo shows part of a battery energy storage facility in Saginaw, Texas, April 25, 2023, that is owned and operated by Eolian L.P. The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing Wednesday, Nov. 15, 2023, up to $3.5 billion for companies that produce batteries and the critical minerals that go into them. (AP Photo/Sam Hodde, File)
energy and resources
Exxon Mobil to start lithium production for EVs in the U.S. by 2027
MIAMI, FLORIDA - JANUARY 31: An Exxon sign hangs at a gas station on January 31, 2023 in Miami, Florida. Exxon Mobil Corp. reported its highest-ever annual profit last year of $55.7 billion (Photo by Joe Raedle/Getty Images)
report on business
South Korea’s Posco Holdings considering investment in Alberta lithium fields
The Posco logo is seen outside of Posco Center in Seoul, South Korea, on July 22, 2021. The South Korean company Posco Holdings is considering investing in the exploration, development and commercialization of lithium in Alberta. THE CANADIAN PRESS/Bae Hun-shik-Newsis via AP
inside the market
Lithium Americas insiders buy as stock slides
Ted Dixon
inside the market
Friday’s Insider Report: President invests more than US$2-million in this new company
A haul truck carries a full load at a mine operation near Elko, Nevada May 21, 2014.
energy and resources
Piedmont Lithium to invest around $2-million in prospective project in Newfoundland
FILE PHOTO: Piedmont Lithium's headquarters is seen in Belmont, Gaston County, North Carolina, U.S., July 16, 2021. REUTERS/Ernest Scheyder/File Photo
international business
Lithium Americas reportedly in talks with U.S. Energy Department for $1-billion loan
FILE PHOTO: A haul truck carries a full load at a mine operation near Elko, Nevada May 21, 2014. REUTERS/Rick Wilking/File Photo
report on business
Tantalex secures Glencore’s backing for DR Congo lithium project
An employee of a private security company stands in front of the logo of commodities trader Glencore during the company's annual shareholder meeting in Cham, Switzerland May 24, 2017. REUTERS/Arnd Wiegmann
alberta
Alberta enters global lithium race with first extraction pilot project
E3 Lithium employees walk through the company's lithium pilot plant near Olds, Alta., Thursday, Sept. 7, 2023. THE CANADIAN PRESS/Jeff McIntosh
report on business
Lithium Royalty wins legal victory in dispute over revenue from Thacker Pass mine in Nevada
Construction continues at the Lithium Nevada Corp. mine site Tracker Pass project on April 24, 2023, near Orovada, Nev. The Biden administration says the project will help mitigate climate change by speeding the shift from fossil fuels. But opponents say it is not worth the costs to the local environment and people. (AP Photo/Rick Bowmer)
energy and resources
French minerals group Imerys to mine lithium in U.K. for EV batteries
FILE PHOTO: A worker of Sigma Lithium Corp SGML.V takes samples at the Grota do Cirilo mine in Itinga, in Minas Gerais state, Brazil April 18, 2023. REUTERS/Washington Alves/File Photo
inside the market
Friday’s analyst upgrades and downgrades
A couple walk in the produce aisle as a netted bag is seen up for sale the IGA supermarket in Saint-Leonard in Montreal,
the decibel: a daily news podcast from the globe and mail
China’s control over Canada’s very rare and important mineral
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Podcast logo for The Decibel, the daily show from The Globe and Mail.
international business
Costs of first phase of construction at American Lithium’s Peru project up to US$700-million, CEO says
energy and resources
Direct lithium extraction companies racing to reshape global production
A portable and fully automated direct lithium extraction plant owned by International Battery Metals is seen in Lake Charles, Louisiana, U.S., May 23, 2023. REUTERS/Ernest Scheyder
report on business
Panama is ready to cash in on its copper boom
General, aerial view of the quary of First Quantum Panama, Minera Panama. April 19, 2023
report on business
Ford strikes lithium deals as ‘near-shoring’ trend benefits Canadian miners
The future site of Nemaska Lithium waiting for construction in the Quebec Societe-Parc Industriel, in Becancour, Quebec, March 24, 2023. (Christinne Muschi /The Globe and Mail)
report on business
Quebec’s Nemaska Lithium, Ford announce supply deal
The future site of Nemaska Lithium waiting for construction in the Quebec Societe-Parc Industriel, in Becancour, Quebec, March 24, 2023. (Christinne Muschi /The Globe and Mail)
report on business
Ford unveils new supply deals for battery-grade lithium
FILE - Jim Farley, Ford president and CEO, speaks during a presentation Tuesday, Sept. 28, 2021, in Memphis, Tenn. Farley says the company will stop competing in over-served market segments and instead will place big bets on connected vehicles and digital services. Farley said ahead of the company’s capital markets day event Monday, May 22, 2023 that the days of Ford being all things to all people are over. (AP Photo/Mark Humphrey, file)