November 8, 2023

Portugal activists urge suspension of lithium projects after PM quits

With more than 60,000 metric tons of known lithium reserves, Portugal is Europe's biggest lithium producer.

November 8, 2023

Atlas Lithium raises $20 million from investors led by former Allkem chairman

Earlier this year, Atlas also raised $20 million by selling a 3% gross overriding revenue royalty on the Das Neves project.

November 8, 2023

Piedmont shares up on inaugural revenue and profit

The company reported adjusted net income of $17 million during the third quarter of 2023.

November 8, 2023

Saudi Arabia’s next act is supplying the world with EV batteries

The world’s biggest oil producer is now also aiming to become a key hub for making batteries.

November 7, 2023

Portugal PM quits over lithium project corruption probe

Antonio Costa has resigned amid an investigation into possible crimes of corruption in government involving lithium and hydrogen projects.

November 7, 2023

What green energy transition? Half of mining still exploring for gold

New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.

November 7, 2023

Albemarle risks losing lithium market to China on weak prices

The US lithium giant controls about 13% of the global market this year, while Chinese producers have grown their share to 63%.

November 6, 2023

Battery metals lose luster as surge in supply outpaces demand

The lower metal prices are providing some cost relief to automakers and could lead to cheaper EVs.

November 6, 2023

Zimbabwean miners set for big profit slump next year – report

Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%.

November 6, 2023

Savannah Resources enlists Barclay to find partners for Portugal lithium project

Investment bank Barclays and financial consultancy Barrenjoey hired to identify best partners for Savannah's Barroso lithium project in Portugal.