South Korea’s L&F Co., Ltd. announced that its wholly owned subsidiary L&F Plus made its first shipment of lithium iron phosphate (LFP) cathode material samples from its mass-production line on July 31. Specializing in the production and sale of LFP cathode materials, L&F Plus invested KRW 338 billion to build a dedi
On July 29, Fraunhofer Institutes, Germany, announced that it is researching new lithium extraction methods with Universidad Católica del Norte in Chile, including direct lithium extraction (DLE) and closed-loop evaporation. They are also studying ways to reduce the environmental impact of lithium production.
The PaN
On July 27, multiple sources reported that state-owned Mutapa Energy Resources secured USD 300 million from a consortium that includes Chinese investors to develop the Sandawana Lithium Mine. The funding will help to develop a lithium extraction and processing facility.
Based on multiple sources
On July 20, multiple sources reported that Prospect Lithium Zimbabwe, a subsidiary of Chinese company Zhejiang Huayou Cobalt, has started industrial commissioning of a lithium sulphate production plant at the Arcadia site near Harare. The company has invested USD 400 million in this project. The site will process lit
On July 15, multiple sources reported that Zijin Mining has commissioned the Manono project, the first lithium mine of the Democratic Republic of Congo. The company has invested USD 1 billion in this project. It has the capacity of up to 5 million metric tons of ore per year. It will create 1,500 direct jobs and more
On July 14, the Governor of Zamfara State unveiled the Zamfara Lithium Mining and Processing Plant in Boko Village, Zurmi Local Government Area. The USD 200 million plant is a joint investment by ZAM Mining Company Ltd, Bima Mines Ltd, Jinlide Mining Co. Ltd, and other partners.
Based on press release from the Zamfar
On July 7, Tyranna Resources Limited announced that its 97% owned subsidiary Angolan Minerals has executed a binding share purchase agreement with Sinomine Resource (Guangdong Hengqin) Supply Chain Co., Ltd, for the sale of Angolan Minerals’ 90% interest in AM Mauritius, the holding entity for the Namibe Lithium and
On July 2, the President of Nigeria commissioned the Diamond New Energy lithium mining and processing plant located in Endo, Nasarawa Local Government Area. The plant, built by Diamond New Energy, a Chinese firm, in partnership with the Nasarawa State Government, has a processing capacity of 6,000 tons of lithium per
On June 25, AFNIS Insights, the official news and intelligence platform of the African Natural Resources and Energy Investment Summit, announced that Africans for Africa (AFA) Initiative and Steron Mining Company Ltd (Steron) signed a memorandum of understanding (MOU) to accelerate the development of critical mineral
On June 17, Endurance Technologies commenced commercial production of lithium-ion battery packs at its greenfield manufacturing plant in Mindewadi, Taluka Maval, District Pune. The plant has an initial installed capacity of approximately 26,000 lithium-ion battery packs per month, expanding to approximately 35,000 pe
On June 5, Rosatom's Fuel Division signed a series of agreements aimed at establishing a comprehensive infrastructure in Russia for the certification, accreditation, and servicing of lithium-ion batteries at SPIEF 2026.
Rosatom signed an agreement with Moscow Department of Investment and Industrial Policy to establi
On June 2, German battery manufacturer EAS Batteries announced the commercialization of its ultra-high-power lithium-ion LFP cell. The cell features Asahi Kasei’s Acetolyte acetonitrile-containing electrolyte, which offers high ionic conductivity to reduce internal resistance and enhance rate capability.
The 22 Ah ce
On May 31 and June 1, multiple sources reported that the Democratic Republic of Congo approved a decree adding lithium, tantalum, niobium, tungsten, uranium, and rare earth elements to its list of strategic minerals. In DR Congo, strategic minerals attract a royalty rate of 10% instead of the current 3.5% rate for no
On May 26, Premier African Minerals Limited provided an interim update on the ongoing progress at the Zulu Lithium and Tantalum Project (Zulu Lithium). Hot commissioning from the crushing plant to the mill and to the mica flotation plant has now been completed.
The remaining steps are commissioning the new spodumene
On May 22, Basquevolt announced the launch of the BQV400L, its first standardized battery cell powered by Basquevolt’s hybrid electrolyte technology.
The company stated that the 27 Ah NMC lithium-metal battery cell offers an energy density of 402 Wh/kg and pulse power capability of 8.9C. The cell is manufactured in S
On May 22, Novacium SAS, a French start-up specializing in material science and engineering, signed its first international commercial Letter of Intent (LOI) with GH Technology during the CIBF 2026 battery trade show.
The partnership aims to expand access to Novacium’s advanced cylindrical lithium-ion cell technology
On May 19, Watercycle Technologies announced that it had signed a Memorandum of Understanding (MoU) with cylib GmbH to establish a strategic material supply and technology integration partnership focused on graphite and lithium recovery from cylib’s battery recycling facilities.
The companies will explore ways to com
On May 11, Elevra Lithium Limited agreed to sell its interest in the Ewoyaa Lithium Project in Ghana to Zhejiang Huayou Cobalt Co, Ltd. (Huayou). Upon closing of the transaction, expected in Q1-FY27, Elevra will receive approximately USD 71 million.
Huayou has agreed to purchase all of Elevra's rights and interests i
On May 7, Atlantic Lithium Limited announced that it has entered a binding Scheme Implementation Deed with Zhejiang Huayou Cobalt Co., Limited. It is proposed that Huayou will acquire all the issued shares in Atlantic Lithium by way of an Australian scheme of arrangement for cash consideration of USD 210 million. The
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