Rock Tech Lithium and Siemens Canada are developing a digital twin for the Red Rock lithium conversion plant in Ontario to optimize production and operational efficiency.
UK-based Geothermal Engineering Limited plans to begin commercial lithium extraction in Cornwall by 2029, supported by a £10 million government grant.
Guangzhou Futures Exchange intends to launch lithium hydroxide futures by Q4 2026, providing a new hedging instrument for the electric vehicle supply chain.
LG Energy Solution has signed a 10-year agreement to source 8,000 metric tonnes of lithium carbonate annually from the South West Arkansas Project to support its US battery production.
Startup R3 Lithium has acquired a former Ascend Elements facility in Georgia, backed by $15 million in funding and over $1 billion in offtake contracts to boost domestic lithium production.
Vulcan Energy has unveiled a pre-feasibility study for its second lithium project, Ludwig, estimating a €1.26 billion investment to produce 21,100 tonnes of lithium carbonate annually.
