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Lithium Americas receives $250 million investment from Orion Resource Partners for Thacker Pass lithium project

Charged

Lithium Americas has received a strategic investment of $250 million from funds managed by Orion Resource Partners, a global investment firm focused on metal and materials projects, for the development and construction of Phase 1 of the Thacker Pass lithium project in Humboldt County, Nevada. Source: Lithium Americas

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General Motors to invest $625 million in new Lithium Americas JV

Charged

General Motors (GM) has entered into a new investment agreement with Lithium Americas to establish a joint venture (JV) to fund, develop, construct and operate the Thacker Pass lithium carbonate project in Humboldt County, Nevada. Sourcing critical EV raw materials, like lithium, from suppliers in the U.S.,

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American Battery Factory breaks ground on Arizona LFP gigafactory

Energy Storage News

American Battery Factory has started construction on its gigafactory in Arizona, US, which will produce lithium iron phosphate (LFP) battery cells.

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Ioneer receives federal permit for its Rhyolite Ridge lithium-boron project in Nevada

Charged

Emerging lithium-boron producer Ioneer has received the final permit approval for its Rhyolite Ridge project from the US Bureau of Land Management. The project in Esmeralda County, Nevada is scheduled to start construction in 2025 and first production in 2028. Source: Ioneer

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UK’s 1st commercial geothermal Lithium production facility approved in Cornwall

ThinkGeoEnergy

Reported locally, Cornish Lithium announced having received planning permission to develop the UKs first commercial geothermal lithium production facility at its Cross Lanes Lithium Projec t, marking a significant step in the countrys efforts to establish a domestic lithium supply.

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Rio Tinto to invest $2.5 billion to expand Rincon lithium project in Argentina

Charged

billion to expand its first commercial-scale lithium operation, the Rincon project in Argentina. Plans call for an increase in annual production capacity of battery-grade lithium carbonate from the current starter plant capacity of 3,000 tonnes (3,307 US tons) to a total of 60,000 tonnes (66,139 US tons).

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SSE Renewables begins construction of 640MWh BESS in the UK

Energy Storage News

UK utility SSE's renewable energy arm has started constructing a 320MW/640MWh battery energy storage system (BESS) in North Yorkshire. When completed, it will be one of the country’s largest.