Latest Lithium Extraction News

Vulcan Energy Resources has locked in full financing for its Phase One Lionheart project, marking a pivotal step toward producing carbon-neutral lithium hydroxide in Germany by 2028. The €2.2 billion package combines debt, equity, and government grants, underpinning robust project economics and strategic partnerships.

Vulcan Energy Resources has locked in a €2.2 billion financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany, marking a pivotal move from development to construction. The project aims to supply Europe with low-carbon lithium for electric vehicle batteries alongside renewable power and heat.

Vulcan Energy has awarded a €72 million EPCM contract to a Sedgman and HOCHTIEF joint venture for its Phase One Lionheart Project, aiming to produce 24,000 tonnes of lithium hydroxide annually to fuel half a million electric vehicles.

Prairie Lithium has completed critical groundwork at its Canadian lithium brine project, setting the stage for construction and commercial operations in 2026 amid rising lithium prices.

Power Minerals and Summit Nanotech have confirmed the technical viability of the Incahuasi Lithium Project in Argentina, outlining a clear pathway to production of 5,000 tonnes per annum of high-purity lithium carbonate over 20 years.

IRIS Metals has partnered with Rock Zero to pioneer a low-emission lithium refining process in the U.S., aiming to secure a domestic supply chain with breakthrough technology.

Power Minerals and Navigate Energy have taken a major step forward by finalising the incorporation of their Rincon Lithium Project Joint Venture entity in Argentina, paving the way for a US$4 million investment to accelerate project development.

Lake Resources N.L. reports significant progress on its Kachi lithium project, unveiling enhanced project economics and next-generation lithium extraction technology amid a bullish lithium market and supportive Argentine political climate.

Lake Resources has announced a significant upgrade to its Kachi Lithium Brine Project, boosting resources and cutting costs amid a strengthening lithium market and supportive Argentine policies.

Vulcan Energy reports robust drilling results and lithium grade confirmation from its Phase One Lionheart Project wells in Germany, reinforcing confidence in its sustainable lithium production plans.

Vulcan Energy has appointed ABB as the main electrical contractor for its flagship Lionheart lithium project, marking a significant step towards financing and construction. The €46 million fixed-price contract covers comprehensive electrical infrastructure for a facility set to produce enough lithium for 500,000 electric vehicles annually.

Clean TeQ Water has landed a significant A$19.2 million contract with Rio Tinto’s subsidiary for the Rincon Lithium Project in Argentina, marking its first major South American venture and a milestone in lithium refining technology.