News Articles for Talison Lithium

A $400 million lithium hydroxide plant to supply the battery industry will bring highly skilled technical and scientific jobs with it, Premier Colin Barnett said at the facility's groundbreaking ceremony today in Kwinana.

A $400 million lithium processing plant to be built in Kwinana has got the green light, with West Perth company MSP Engineering to act as head contractor.

A Chinese company with a majority stake in world's largest hard rock lithium mine will seek development assessment panel approval on Wednesday for a $300 million processing facility in Kwinana.

Chinese manufacturer Ganfeng Lithium has more than doubled its offtake agreement with Mineral Resources and Neometals for the Mt Marion project, as interest in the commodity continues to build.

ANALYSIS: Worldwide demand for lithium is rising and more than 20 companies in WA are on board for the ride.

WA is one of the world's largest producers of lithium, but a plan to diversify from mining into advanced manufacturing opportunities will be tricky to shore up.

SPECIAL REPORT: The potential for mass production of electric cars is among a number of high-technology trends sparking interest in Western Australia's lithium sector, with a series of companies touting projects to meet a forecast surge in demand.

Australia is likely to emerge as the clear leader in global lithium production after Perth companies Neometals and Mineral Resources today announced an offtake and funding agreement with a Chinese producer for the planned Mt Marion mine.

Domestic processing of lithium could provide a value-adding opportunity for an industry WA already dominates.

Renewable energy and battery storage products could shake up how things are done in WA's resources sector.

Global chemical manufacturer Rockwood Holdings is set to acquire a 49 per cent stake in Perth-based Talison Lithium, just less than a year after its proposed $700 million takeover bid for the miner collapsed.

Galaxy Resources has opted not to restart its Mt Cattlin spodumene project near Ravensthorpe – resulting in 37 staff being made redundant.

THE past 12 months was a lean time for lawyers working in the corporate finance field, with a slump in both takeover deals and capital raisings.

Perth-based mining company Talison Lithium has accepted a sweetened takeover proposal from China's Chengdu Tianqi Industry Group, which trumped a competing proposal from an international chemicals

Western Australia's pipeline of significant non-iron ore projects is showing signs of a quick slowdown as construction of major projects is due to be completed by the end of next year.

International chemicals and materials giant Rockwood Holdings has announced it will acquire Perth-based Talison Lithium in an all cash takeover worth C$724 million ($698 million).

Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.

Canadian company Salares Lithium and Perth-based Talison Litium have completed the plan of arrangement for the merger of the companies.

Talison Lithium's $196 million initial public offer has been withdrawn, days before it was due to list on the local stock exchange, making it the second major resources float in less than a week to suffer an eleventh hour setback.

Perth-based Talison Lithium, which owns the Greenbushes lithium operation near Perth, plans to raise up to $196.4 million and dual list on the Australian and Canadian stock exchanges.

Privately-owned Talison Minerals said some 200 jobs will be lost as it suspends work at its Pilbara located Wodgina mine, the worlds largest tantalum operation.