Lithium mining is the process of extracting lithium from the earth's crust, which is then used to produce lithium-ion batteries, ceramics, glass, lubricants, and other industrial applications.
In February 2022, Nordic Mining announced that it had entered into a memorandum of understanding with a Norwegian company called Nordic Rutile AS for the supply of ilmenite concentrate from the Engebø project.
The company was established in February 2006 with its headquarters in Oslo, Norway. It specializes in the exploration, mining, and development of mineral deposits like lithium, quartz, and rutile, among others. Nordic Mining ASA caters to the mineral and metal based requirements of numerous industries.
The company is committed to sustainable and responsible mining practices and has a strong focus on environmental and social responsibility.
In February 2022, Nemaska Lithium announced that it had completed the sale of its Whabouchi lithium mine and related assets to a group of investors led by The Pallinghurst Group.
The company was established in 2007 with its headquarters in Quebec City, Canada. It specializes in the mining and production of lithium. The lithium elements product by the firm is mostly used in the manufacturing of lithium-ion batteries.
Nemaska Lithium is committed to sustainable and responsible mining practices and has implemented measures to minimize the environmental impact of its operations. The company has also developed strong relationships with local communities and stakeholders and is committed to creating economic opportunities and social benefits for these groups.
In June 2022, FMC Corporation announced the acquisition of BioPhero ApS, a pheromone research and production company based in Denmark.
The company was established in 1883 with its headquarters in Philadelphia, Pennsylvania, United States. It is one of the world's largest producers of lithium, and its lithium operations are primarily focused on the production of lithium hydroxide, which is used in the manufacture of batteries for electric vehicles and other applications.
Apart from that, FMC Corporation also produces a diverse range of chemicals and other materials to cater to the needs of various industries like agriculture and consumer electronics, among others. he company has set targets to reduce its greenhouse gas emissions and water use and is actively engaged in efforts to promote sustainable agriculture and improve food security around the world.
In July 2022, Ganfeng announced the acquisition of Lithea, a mining company based in Argentina for USD 962 million.
With its headquarters in Jiangxi Province, China, the company was established on March 2, 2000. Li Liangbin is the founding father of this company. Ganfeng Lithium specializes in the production of lithium and related products for industrial uses. Additionally, it also manufactures batteries for the EV sector.
It has a strong global presence and has established partnerships with leading companies in the lithium and battery industries. The company is well-positioned to take advantage of the growing demand for lithium and other metals and minerals that are critical to the development of clean energy technologies.
In January 2022, Wealth Minerals announced that it had completed an initial mineral resource estimate for the Laguna Verde project in Chile, which indicated a total inferred resource of 518,000 tonnes of lithium carbonate equivalent.
With its headquarters in Vancouver, Canada, the company was established in 2003. It specializes in the development and execution of lithium mining and production project in South America. It is also involved in the exploration and development of other mineral resources, including copper, gold, and silver.
Wealth Minerals Ltd. is committed to responsible and sustainable mining practices and has implemented measures to minimize the environmental impact of its operations.
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