https://newsletter.en.creamermedia.com
Mining
Mining
mining

LITHIUM SCRAMBLE

LITHIUM SCRAMBLE: The shift to electric vehicles has spurred a global rush for lithium. This scramble was demonstrated during a recent auction for a controlling stake in a Chinese lithium mine, which garnered 3 448 bids. The 54.3% stake in Yajiang Snowway Mining Development, which is undergoing a bankruptcy process, was eventually sold for $299-million, after a heated bidding war, joined by 21 participants and watched by about 980 000 people online. Photograph Bloomberg

Photo by Bloomberg

17th June 2022

     

Font size: - +

The shift to electric vehicles has spurred a global rush for lithium. This scramble was demonstrated during a recent auction for a controlling stake in a Chinese lithium mine, which garnered 3 448 bids. The 54.3% stake in Yajiang Snowway Mining Development, which is undergoing a bankruptcy process, was eventually sold for $299-million, after a heated bidding war, joined by 21 participants and watched by about 980 000 people online. Photograph Bloomberg

Edited by Creamer Media Reporter

Comments

Latest News

Agricultural nursery
AgriSA says agriculture’s ability to reduce emissions recognised at COP29
Updated 2 hours 17 minutes ago By: Marleny Arnoldi

Showroom

Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 
Alcohol Breathalysers
Alcohol Breathalysers

Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:1.124 1.228s - 173pq - 2rq
Subscribe Now