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Lithium

Today

Lithium carbonate prices have dived 86 per cent from the record $US78,200 a tonne reached in 2022, according to S&P Global Commodity Insights.

MinRes named the best stock to ride 2025 lithium bull run

Morningstar says now is the time to pile back into these shares before prices of the battery material go on a tear next year.

  • 1 hr ago
  • Alex Gluyas

Yesterday

Global Lithium executive chairman Ron Mitchell inspects diamond drill cores at the company’s Manna project in WA.

Global Lithium delays AGM over foreign influence fears

Minority shareholder Leon Zhu denies his push to join the board is a “Chinese-led conspiracy” as the WA Supreme Court gives the FIRB almost 3 months to probe claims.

  • Mark Wembridge
Sayona’s open pit mine in Quebec.

Sayona Mining, Piedmont Lithium in $850m merger; Canaccord raises $150m

The two companies are expected to raise fresh equity as a part of the merger, which will create a $850 million lithium player.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

This Month

Tony Ottaviano is under no illusions that the game has changed for lithium, and Liontown needs to adapt.

Liontown survived the lithium carnage, but can it handle Donald Trump?

After taking a wild ride in lithium over the past year, Liontown Resources thinks it can also adapt to whatever the Trump administration produces.

  • Jennifer Hewett
Liontown Resources’ Kathleen Valley lithium mine, for which Zenith built a hybrid offsite plant.

Liontown slows lithium mine expansion in battle to survive

Australia’s newest exporter is scaling back its growth plans to try to save $100 million and survive a bear market for critical minerals.

  • Updated
  • Peter Ker
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Tony Ottaviano is under no illusions that the game has changed for lithium, and Liontown needs to adapt.

It was our sexiest lithium stock. Now it’s having major surgery

Liontown Resources has opted for a small-target strategy to try and survive lithium’s nuclear winter.

  • James Thomson
Global Lithium executive chairman Ron Mitchell inspects diamond drill cores at the company’s Manna project in WA.

Global Lithium alleges Chinese investor wants to seize control

The Chris Ellison-backed explorer is trying to call off its annual meeting, and has appealed to FIRB. It says a minority shareholder is trying to take over.

  • Mark Wembridge and Peter Ker
Mineral Resources founder and managing director Chris Ellison.

Moody’s downgrades MinRes as big investors demand board overhaul

The credit ratings agency has cut the lithium and iron ore miner to negative, citing the “negative implications” of its governance issues.

  • Mark Wembridge

Mark Creasy banks lithium windfall by selling at the top

The legendary explorer has more than doubled annual profits at his flagship private company.

  • Peter Ker

October

Citi expects the lithium price to rebound next year.

Pilbara Minerals cuts lithium output, suspends plant

The miner is scaling back to endure the lithium price slump, cutting annual output and icing operations at its Ngungaju facility.

  • Elouise Fowler
An Arcadium Lithium project in Argentina.

Have Australian fund managers got their lithium call wrong?

Rio Tinto’s $10 billion Arcadium Lithium takeover has the bulls excited again. But hedge funds believe the move signals a major shake-up and more pain ahead.

  • Jonathan Shapiro
Traders have scrambled to cover short positions in lithium stocks which has exacerbated the recent rally.

Lithium stocks rally reveals M&A hope for juniors

Rio’s takeover of Arcadium has unleashed a rally in the ASX’s junior lithium stocks, but the lagging performance of the major producers means they are expected to miss out on the next wave of deals.

  • Alex Gluyas
Labelled last month as Australia’s only profitable lithium mine, even Greenbushes is struggling at current prices.

Lithium stocks ‘one deal away’ from going on a tear: E&P

Investors are facing a shrinking pool of lithium stocks to invest in after Rio Tinto’s Arcadium bid. A takeover of Pilbara Minerals or Liontown could reignite a resurgence in the sector.

  • Alex Gluyas
Janus Henderson’s Darko Kuzmanovic says China’s stimulus boost will no longer be a huge driver of iron ore and coal profits.

This mining fundie says lithium is a better bet than iron ore

Janus Henderson’s Darko Kuzmanovic says China’s stimulus boost will no longer be a huge driver of iron ore and coal profits. He’s looking at battery mineral stocks instead.

  • Alex Gluyas
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WA lithium miners get a Rio reality check, with a silver lining

When it looked past the raft of hard rock lithium miners in its own backyard, Rio Tinto made a big statement about the future of the lithium industry.

  • Peter Ker
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The Chanticleer podcast features James Thomson and Anthony Macdonald.

Rockpool’s rocky future | Rio’s EV gamble | China’s missing stimulus

This week on the Chanticleer podcast, James and Anthony discuss the challenges of running a prestige dining spot, look at why Rio Tinto is the only mining giant betting on electric vehicle supremacy, and attempt to solve the mystery of the missing Chinese stimulus.

Serbian protestors in 2021 hold a banner that urges Rio Tinto to “go away”.

Rio Tinto’s Serbian lithium pain might be Argentina’s gain

After two decades of work to build a lithium and borates mine in Serbia, Rio Tinto has taken its billions elsewhere. Is this the end of Europe’s lithium dream?

  • Peter Ker
Everything is big in the mining industry, and that’s not always a good thing.

Acquisitive miners like Rio should remember size isn’t everything

Just because you own the world’s biggest resource of a critical mineral, doesn’t guarantee you can get it out of the ground profitably.

  • Peter Ker
Rio Tinto chief executive Jakob Stausholm.

Cash always king in Rio Tinto deals, which only fuels activist debate

A little less conversation, a little more action is needed if the miner is to win a perennial argument.

  • Anthony Macdonald
Jakob Stausholm has signed a transformative deal for the iron ore major, making it one of the world’s largest lithium producers.

Rio Tinto mulls share issuance after $9.9b lithium splurge

The iron ore giant insists that it can afford to buy Arcadium Lithium while spending on growth and paying dividends. But debt will reach an eight-year high.

  • Peter Ker

Original URL: https://www.afr.com/topic/lithium-1m2j