lithium

Operating profit for the three months ended June is forecast to decline to 195.3 billion won ($142 million) from 460.6 billion won in the same period last year, LGES said in a statement."Falling lithium and other metal prices weighed on EV battery prices and led to lower demand for automakers...

New Delhi, Mines Ministry Joint Secretary Veena Kumari Dermal on Tuesday said India is in talks with Africa as well as Latin America to acquire critical mineral blocks on a government-to-government basis.Critical minerals like lithium are essential components in many of today's fast-growing...

On Monday, a fire broke out at lithium battery maker Aricell in Hosseong, south of Seoul, killing 23 workers, mostly foreigners. Eight others were also injured in the fire, Xinhua news agency reported.Police and the Labor Ministry are investigating what could be the deadliest industrial...

The recovery raised to 23 the death toll from the fire that destroyed lithium battery maker Aricell's plant in Hwaseong, 45 kilometers south of Seoul, the previous day, Yonhap news agency reported.Eight other people were also injured, two of them seriously.Shortly before noon, rescuers...

SEOUL [South Korea]: At least 22 people were killed and eight others injured in a massive fire at a lithium battery plant in South Korea on Monday, Al Jazeera reported.Following their earlier confirmation that at least 16 workers died and three others were injured in the fire, South Korean...

New Delhi: Maiki South Mining Pvt Ltd has bagged the country's first lithium block in Chhattisgarh that was put up for sale, the government said on Monday.Meanwhile, the government canceled the auction of 14 critical minerals that were on offer in the second round of auction.The Katghora...

New Delhi, Mayiki South Mining Pvt Ltd has bagged the country's first lithium block in Chhattisgarh, the government said on Monday.This block was given to the company at an auction premium of 76.05 percent.The results were announced during the beginning of the fourth round of auction of...

"We use a comprehensive mechanical and hydrometallurgical approach to extract pure battery-grade materials such as cobalt, lithium carbonate, graphite and nickel, with impressive recovery efficiency exceeding 98%. This exceptional performance outshines competitors around the world. , which...

The dead are believed to be among 23 people missing in the fire, they said, amid fears the death toll could rise further, Yonhap news agency reports.Of the 23 people missing in the fire, 20 are believed to be foreigners, including Chinese nationals, they said, adding that the number is subject...

Last week, Chilean lithium miner SQM announced that it had reached a long-term agreement with Hyundai Motor and Kia to supply lithium hydroxide to South Korean automakers.The agreement with SQM marks the third lithium hydroxide supply contract signed by Hyundai this year, after those announced...

New Delhi: Aditya Birla Group company Hindalco Industries on Friday said it is in the process of bidding for two nickel-cobalt mineral blocks in Maharashtra and Karnataka.Speaking to the media, Hindalco Industries Managing Director Satish Pai said the company is not looking for any critical...

New Delhi, Icra on Wednesday said profits from 38 critical minera blocks put up for sale are unlikely to be realized in the current decade ending 2030 as the mines have not been fully explored.“The early stage of exploration for most of the domestic blocks currently being auctioned suggests...

NEW DELHI: Khanij Videsh India Ltd (KABIL) is expected to acquire a lithium block in Australia this year, a top official said on Saturday.Mines Secretary VL Kantha Ra said Kaabil, a joint venture of three PSUs to explore mineral properties overseas, has been operating in Australia since last...

Kabil, a joint venture company formed by NALCO, HCL and MECL, Central Public Sector Enterprises under the Ministry of Mines, has been entrusted with the important mission of identification, exploration, acquisition and development of important strategic mineral properties overseas.Rao said...

New Delhi: Lithium battery and solar panel maker RCRS Innovation Ltd on Tuesday said it has filed draft papers with NSE Emerge to raise funds through an initial public offering (IPO) and the proceeds will be used to finance expansion plans. Will be done for.According to a statement, the...

New Delhi, The government has constituted a panel that will recommend legislative measures to facilitate economically viable recovery of critical minerals found in small quantities.Critical mineral blocks like lithium are important for the manufacturing of electric vehicles.The seven-member...