London Metal Exchange and Fastmarkets to set lithium price benchmark

Owner Havilah Resources said the decision secures the company's right to mine Kalkaroo.

China’s grip on the world’s rare earths market is in focus once again amid speculation the dominant producer could choke off supplies as the trade war escalates.

Glencore said it will also evaluate providing a loan to fund the capital needs to restart the refinery, as the two companies look to speed up the restart.

The world's largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.

Based on March electric car registrations in over 80 countries Tesla deployed more battery power than its four largest rivals combined.

US lawmakers have moved closer to developing a national electric vehicle supply chain policy.

The US faces stiff challenges as it moves to create its own electric vehicle supply chain, with the extent of the country's metal reserves largely unknown and only a few facilities to process minerals and produce batteries.

The introduction of new, tougher standards point to a harsher, less forgiving approach to enforcement and larger fines for mining companies that fail to complain to regulations as well as environmental and social expectations.

The company added 4,800 hectares to the mine site by signing a deal with a local prospector and through staking.