Around 15% of planned Australian mined lithium production has been cut from 2025 supply, owing to the continued low lithium price environment, according to an analysis by Benchmark based on company announcements. Spodumene prices are currently at $765 a tonne, 68% lower than they were this time 12 months ago, according to Benchmark’s Lithium Price […]
> Last week, the first spodumene concentrate came out of Liontown’s Kathleen Valley project in Western Australia. Spodumene prices, however, are low, having dropped 73.29% year-on-year to $935 per tonne, according to Benchmark’s Lithium price Assessment. Notably, the Kathleen Valley project is the first new mine in Australia since Core Lithium’s Finnis project was put under […]
> Chinese authorities have approved reserve reports for two key lithium mines in Jiangxi province, bringing months of uncertainty over the outlook for the lithium-rich region’s mining sector closer to a conclusion. CATL’s Jianxiawo mine – which was suspended on 10 August following the expiration of its mining permit – is reported to have received reserve […]
> A number of lithium miners in Australia have made moves towards the midstream of lithium chemical production this month. Australia is forecast to produce two-fifths of the world’s mined lithium year, but only 1.2% of the lithium chemicals, according to Benchmark’s Lithium Forecast. Currently most lithium miners in Australia produce spodumene concentrate, a material with […]
> Africa is the largest source of new lithium supply in 2025 with new supply from the region exceeding that of the rest of the world combined, Adam Megginson, a lithium analyst at Benchmark, told attendees at the Giga Africa event in Marrakech, Morocco this week. The bulk of this new supply comes from Zimbabwe and […]
> In the third quarter of 2025, 18 of the largest 25 copper miners reported quarter-on-quarter decreases in their output, including the top four miners. The total Q3 copper production reported by the top 25 miners hit 3.72Mt. “In the third quarter, many companies saw lower production compared to the previous quarter. However, most did not […]
> Escalating unrest in Mali, as jihadi groups target fuel convoys around the capital Bamako, has led several governments including France and the US to advise their citizens to leave the country. The attacks have created fuel shortages, and raised serious concerns around the military government’s ability to maintain its rule in the country. Mali is […]
> Australian lithium miner Liontown Resources has raised AUD316 million (US$206 mn) in equity. This includes investments from the Australian government and major Chinese lithium chemical producer Canmax. The funds will support the ramp up of Liontown’s Kathleen Valley spodumene mine which began operations last year. This comes following a recovery in spodumene prices, which traded […]
> Albemarle has offered a 20% higher bid for Australia’s Liontown Resources, in a deal that highlights the desire of lithium majors to acquire additional resources to meet future electric vehicle growth. Liontown said this week it would recommend a revised A$6.6 billion ($4.3 billion) deal by Albemarle, and allow it to move ahead with due […]