Rio Tinto has entered a definitive agreement to acquire Arcadium Lithium for $6.7 billion. The transaction, which will be implemented by way of a Jersey scheme of arrangement, is expected to close in mid-2025. “Acquiring Arcadium Lithium is a significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading aluminum and copper operations to…
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E3 picks site for lithium production facility
Calgary-headquartered E3 Lithium has secured a brownfield site in Mountain View County for its Clearwater project’s central processing facility, which will be Alberta’s and western Canada’s first lithium production campus. The site is the former Dyck Gravel Pit, and its land site is well situated for infrastructure, including accessible utilities and roadways, to support development. Both the county and E3…
Read MoreNearly 400 new mines needed by 2030 for EV demand
Edited by Josephine Patterson A new study released by Canadian public policy think-tank Fraser Institute finds that 388 new mines must be built by 2030 to provide the necessary minerals to meet international government mandates for electric vehicles. “The sheer scale of mining required to meet EV mandates raises serious questions about the timelines being imposed by governments,” said Kenneth…
Read MoreWhat’s old may be new again
How can older lithium mines help America achieve its alternative energy independence? By Gene Morgan The two big challenges facing lithium mining in the U.S. today are public perception and scaling up, and the first thing the U.S. industry needs to solve is public perception. Perception is at the heart of the current mine permitting reform debate in the U.S.…
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