Lithium Carbonate

Upstream work finished at a 4,000 m Argentina site, raising commercial carbonate output to 48,000 t/year and enabling a 50,000 t/year lithium hydroxide system when linked to a 2027 downstream plant.

Covers carbonate from Antofagasta and hydroxide from Texas; Trafigura takes 66% of Black Giant Phase 1 and 30% of Lonestar Phase 1, aiding US supply chain and project financing.

US$700m short-term facility to finance working capital for two brine lithium plants; preferential tax treatment will lower borrowing costs and improve project competitiveness.

Electrolyte additives let low-cost lithium carbonate decompose at normal cell voltages, enabling pre-doping to cut first-cycle lithium loss and raise energy density (10% in a test cell).

Liocel chosen for adsorption-based DLE testing in an oxygen-free pilot handling 1,000 L/day to evaluate adsorbents for potential industrial deployment.

Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.

Pilot will test salt-assisted crystallization to refine LiCl from geothermal brines and recycled batteries into battery-grade lithium with lower energy, CO₂, water and waste.

$225m phased investment for a DLE lithium project with closed‑loop brine reinjection; 52.5 kton/y LCE target, staged start‑ups in 2028 and 2030 and up to 25% offtake option.

Engineering, supply-chain, modularization, construction and automation support for a new large-scale battery electrolyte production facility in the US to bolster battery materials supply.

Secures rights to 30% of spodumene concentrate from Wodgina and Mt. Marion; aims to link upstream mining supply with downstream processing and capture dividend income.