This week General Motors made the largest investment by an automaker into the lithium sector, with an agreement to invest $650 million into Lithium Americas to help advance its Thacker Pass project in Nevada. Benchmark Source sat down with Lithium Americas’ chief executive Jonathan Evans to discuss the deal. The deal comes before a final […]
> Luxury electric vehicle developer, Lucid Motors is headquartered in California but is majority funded by the Saudi Arabian sovereign wealth fund, Public Investment Fund (PIF). The company completed construction of its first manufacturing facility, AMP-1, in Arizona, US in December 2020 and opened a second, knock-down kit facility (AMP-2) in Saudi Arabia in September 2023. […]
> 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 […]
> South Korean steel and chemicals giant POSCO has taken a 30% stake in Australia’s Mineral Resources’ (MinRes) 50% stakes in the Mt Marion and Wodgina mines for US$765 million. Structured as a joint venture, the deal would see MinRes and POSCO hold an overall 35% and 15% of the operations, as well as corresponding rights […]
> The US government has committed to supporting its domestic lithium industry after earmarking $2.26 billion of federal funds to advance the country’s largest lithium mining project. With current lithium prices failing to incentivise capital investment in new supply, the US Department of Energy (DoE) loan to Lithium America’s Thacker Pass project in Nevada demonstrates the […]
> At the end of last year lithium major Livent (now Arcadium Lithium) bought a minority stake in ILiAD Technologies, a California-based company that has spent years developing technology to produce lithium from various brines using Direct Lithium Extraction. The company’s adsorption technology has been developed over seven years of research and pilot testing with its […]
> 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 […]
> India’s pipeline of cathode active material (CAM) production capacity is set to grow more than 50-fold over the next decade. Altmin, Himadri Speciality Chemical, and Epsilon Advanced Materials have the largest pipeline capacities in the country. Almost all CAM capacity under development in India is for LFP, both due to the popularity of the cathode […]
> China’s CNGR Advanced Material is the world’s largest producer of precursor cathode active material (pCAM) for lithium ion batteries, and is a key part of the supply chain for some of the largest companies including Tesla and LG Chem. Listed on the Shenzhen stock exchange with a market capitalisation of $3.9 billion, the company is […]