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GM and Lithium Americas to develop lithium production through $650-million investment

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General Motors and Lithium Americas plan to jointly invest in the development of the Thacker Pass mine in Nevada, which the companies call “the largest known source of lithium in the US.” GM plans to use lithium carbonate from Thacker Pass in its proprietary Ultium battery cells.

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LG Energy Solution invests AUD20 million in Green Technology Metals for lithium supply

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LG Energy Solution and lithium exploration company Green Technology Metals (GT1) have signed an AUD20-million equity subscription agreement and an offtake term sheet, giving LG access to future production from GT1’s flagship Seymour Project in North America.

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Ensorcia invests €200 million to build lithium hydroxide conversion plant in Europe

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Chile-based Ensorcia Metals , a specialist in extraction and transformation of lithium, reports that as a first step in its global expansion plans, it will invest €200 million for the construction of a European lithium hydroxide conversion plant under the auspices of its subsidiary, Sorcia Europe. Source: Green Car Congress

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Li-Metal completes concept study for commercial-scale lithium metal plant

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Li-Metal , a Canada-based developer of lithium metal technologies, has completed a concept study for a commercial North American lithium metal production facility with an annual capacity of up to 1,000 tonnes. Li-Metal expects its plant to require approximately 5,600 tonnes of lithium carbonate per year.

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Albemarle to build a lithium processing facility in South Carolina

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Specialty chemicals company Albemarle has announced plans to build a lithium hydroxide processing facility in Chester County, South Carolina. Plans for the facility include an initial investment of at least $1.3 The so-called Mega-Flex plant will be able to process diverse lithium feedstocks, including lithium from recycled batteries.

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LG Energy Solution partners with three Canadian cobalt and lithium suppliers

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LGES will purchase cobalt from Electra Battery Materials, and lithium from Snow Lake Resources and Avalon Advanced Materials. Electra is said to be the only supplier capable of refining cobalt sulfate in North America. LGES has been moving aggressively to secure lithium supplies in North America and elsewhere.

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Exxon Mobil plans to produce lithium in Arkansas

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Exxon Mobil is targeting a different segment of the EV ecosystem—the oil giant has announced plans to set up a lithium production facility in Arkansas. Be that as it may, Exxon has the expertise and the capital to become a major player as the industry scrambles to establish sources of lithium in North America.

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