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Then, they mix in chemicals that cause the lithium to precipitate out as solid lithium carbonate.

Chinese companies refine the spodumene into solid lithium, and into the two lithium compounds used in batteries - lithium hydroxide and lithium carbonate.

If finalized, the loan would help finance the construction of a lithium carbonate processing plant at Thacker Pass in Nevada.

He says the catalyst is composed from a mixed oxide core covered by lithium carbonate, and it's the interaction between the core and the shell during chemical looping that is responsible for the high yield.

One of the concessions canceled is for an open-pit project in the state of Sonora, the company said, containing an estimated 8.82 million metric tons of lithium carbonate equivalent.