September 12, 2023 US committee recommends royalties on minerals for EVs in sweeping reform proposal In addition to recommending royalties of 4% to 8%, it advocated for moving to a system of leasing federal lands for mining.
September 12, 2023 Albemarle seals early agreement with workers union in Chile The miner employs more than 1,100 workers in the South American country.
September 12, 2023 Hertz Lithium, Penn State University develop efficient process for extracting lithium from spodumene Spodumene mineral is the major source of high-purity lithium.
September 11, 2023 LithiumBank inks direct extraction tech deal for Prairies brine projects The agreement gives LithiumBank a full licence to use a group of continuous ion-exchange technologies in Alberta and Saskatchewan.
September 11, 2023 Ancient volcano in US may hold largest lithium resource on Earth A new study estimates that the McDermitt Caldera hosts claystones containing 20 million to 40 million metric tons of lithium.
September 11, 2023 Scramble for riches: Can South America’s Lithium Triangle mint new millionaires? Argentina, Bolivia and Chile hold two thirds of the world’s lithium reserves.
September 11, 2023 Australian mineral prospectors double fund inflows to A$2.84bn in quarter – report Conditions have improved for explorers after they had moved into cash preservation mode early in the year.
September 11, 2023 Rinehart’s Hancock Prospecting takes major stake in Liontown Australian billionaire Gina Rinehart has positioned herself as the kingmaker in Albemarle’s $4.3bn takeover bid for Liontown Resources.
September 10, 2023 US lags behind China, India, EU when it comes to battery recycling – report The US still needs to deploy the necessary infrastructure to match the recycling pace of those regions, a recent report by IDTechEx shows.
September 10, 2023 US, Saudi Arabia in talks to secure metals in Africa – WSJ A state-backed Saudi venture would buy stakes in mining assets worth $15 billion in African countries, which will permit US companies to buy some of the production.
GRAPH: Cobalt price plunge and the EV market Cobalt prices have plummeted to their lowest level since 2016, as a deluge of supply overwhelms stagnating demand from the electric vehicle […] February 11, 2025 | 04:03 pm
China funnelled $57 billion to control critical mineral supply chain A network of at least 26 state-backed banks has helped Beijing tighten its grip on critical minerals over the past two decades. February 05, 2025 | 11:00 am
GRAPH: The mining and Nvidia solar system The Top 50 is now trading $480 billion below the peak hit in the second quarter of 2022 February 05, 2025 | 10:05 am
Silvercorp acquisition of Adventus hits roadblock Lawsuit challenging the environmental permit for the target company’s project in Ecuador emerges as bone of contention. July 10, 2024 | 12:13 pm