Zimbabwe's lithium export earnings have tripled as projects take off, while Albemarle, the top lithium producer, has cut its annual forecast due to slumping lithium prices. The company lowered its sales growth projection amid rising supply and weaker-than-expected demand for the metal used in electric-vehicle batteries. In addition, Chinese companies have been awarded licenses in Zimbabwe that could lead to $2.79 billion of investment in the country's lithium deposits. Zambia and the Democratic Republic of Congo have also become venues for the struggle for advantage between the US and China in the mining of minerals critical to the energy transition.
US tries to challenge China's dominance in African mineral resources with infrastructure investment - Bloomberg https://t.co/cdBg1VooE1 https://t.co/s6ea9hyfDx
China’s Grip on Africa’s Minerals Sparks a US Response https://t.co/xA9lvNGheN
For the past decade, China has been pouring investment into Sub-Saharan Africa as part of its Belt and Road Initiative. Now, the US and Europe are trying to catch up through projects like the Lobito Corridor. @mattstephenhill reports https://t.co/cQ0fgbfOJC https://t.co/ActQZYripT
China's dominance in African mineral resources triggers U.S. response https://t.co/Tdtn8C1Gqu https://t.co/0cHM2vCPG1
A worldwide lithium shortage could come as soon as 2025 https://t.co/v1hGtRNSAA
Loaded with minerals critical to the energy transition, Zambia and the Democratic Republic of Congo have become the latest venue in the struggle for advantage between Washington and Beijing https://t.co/2muDLUBAma
Lithium producers stay bullish on EVs despite growing headwinds https://t.co/RP7hdzVngo https://t.co/JkTAPvapyu
Loaded with minerals critical to the energy transition, Zambia and the Democratic Republic of Congo have become the latest venue in the struggle for advantage between Washington and Beijing https://t.co/psLHzQG1Of
Loaded with minerals critical to the energy transition, Zambia and the Democratic Republic of Congo have become the latest venue in the struggle for advantage between Washington and Beijing https://t.co/1wf6wCHBWi
Chinese companies were awarded licenses in the third quarter that could lead to $2.79 billion of investment in Zimbabwe as the country pushes to end power outages and develop some of Africa’s biggest lithium deposits. https://t.co/5PKp65K43h
Miner SQM tapped the US investment-grade bond market as it looks to feed growing demand for rechargeable batteries used in electric vehicles. https://t.co/Ffv6nBIrb2
Top lithium producer Albemarle lowered its sales growth projection amid rising supply and weaker-than-expected demand for the metal used in electric-vehicle batteries https://t.co/D4Ff4JKgv4
Top lithium producer Albemarle cut its sales projection amid rising supply and weaker-than-expected demand for the metal used in electric-vehicle batteries. Meanwhile EV stocks are down 16% this year, according to a Bloomberg index https://t.co/oq67NCdHlS
Top lithium producer Albemarle lowered its sales growth projection amid rising supply and weaker-than-expected demand for the metal used in electric-vehicle batteries https://t.co/q4C33LnScb
Albemarle cuts annual forecast on slumping lithium prices https://t.co/y3nShSGIoQ https://t.co/INpeLRkXkr
Zimbabwe lithium export earnings treble as projects take off https://t.co/mIWIqbQ7pk https://t.co/4FrBzFZiQV