The Saudi Arabia project is still a pilot and not yet at commercially viable levels, Ma'aden's CEO said.

Lifthium is planning to source the raw materials from different regions around the world, including South America.

Lithium prices are coming out of a boom-to-bust period that left in its wake an array of stalled projects, scrapped deals and production cuts.

UMPC plans to begin producing battery-grade lithium next year, aiming to deliver 5,000 metric tons in 2027 and double that in 2028.

Jose Luis Manzano has been snapping up mines and lithium-rich acreage in northern Argentina as well as tapping neighboring Brazil’s lithium valley.

Its trade ministry unveiled a plan in March to invest 241.7 billion won over the next three years to build warehouses for storage of critical minerals.

The junior mining space is so beaten up that there are a raft of opportunities for investors looking for exposure to the energy transition.

Ganfeng Lithium will set up a spodumene plant which will start production by the end of the year.