lithiummining
SQM (NYSE:SQM) plans to choose one or more direct lithium extraction (DLE) technologies by next year. The decision, confirmed by Carlos Diaz, SQM's lithium division head, at Fastmarkets' Lithium Supply and Battery Raw Materials Conference, held in Las Vegas from June 24 to 27, comes as part of a broader effort to expand production of lithium, a crucial metal for electric vehicle batteries, in the Salar de Atacama region. "We would like to have multiple (DLE) solutions," Reuters quotes Diaz as saying. "It's difficult to choose one that is going to fit and be suitable for all kinds of different ...
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SQM (NYSE:SQM) announced that its subsidiary SQM Salar has entered into a long-term agreement to supply Hyundai Motor (KRX:005380) and Kia (KRX:000270) with lithium hydroxide. The partnerships with two of South Korea's leading electric vehicle (EV) manufacturers strengthens top lithium miner SQM's position as a major supplier to the rapidly growing EV industry. "We are incredibly proud to announce this supply agreement with HYUNDAI and KIA," said Carlos Diaz, CEO of SQM Salar, in a press release on Monday (June 17). "By providing these world-leading EV manufacturers with high-quality battery-g...
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