Chinese miners eye overseas deals after battery metals slump
Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them lower. Now, with many Western rivals cutting output or shutting down entirely, they want to get even bigger.
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Visit: 151
Battery metal bust spurs output cut at leading lithium project
Australia’s biggest lithium mine has become the latest battery-metals venture to feel the pain from faltering demand growth, with output set to be trimmed as prices sink.
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Visit: 98
Battery metal bust spurs output cut at leading lithium project
Australia’s biggest lithium mine has become the latest battery-metals venture to feel the pain from faltering demand growth, with output set to be trimmed as prices sink.
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Visit: 69
Fatal blast in Indonesia puts battery metal ambitions in spotlight ahead of presidential vote
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Some 200 million Indonesians will vote for a new leader next month. The three campaigns still in the running have all backed the government’s policy on so-called downstreaming. But the Morowali disaster has thrown up criticisms of the price paid.
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Visit: 78
Lithium price rout deepens with battery metal now down 75% this year
Mining News Pro - Lithium extended an almost monthlong run of declines, taking its drop this year to 75%, with expectations the rout in the electric-vehicle battery metal is far from over.
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Visit: 103
Lithium price rout deepens with battery metal now down 75% this year
Mining News Pro - Lithium extended an almost monthlong run of declines, taking its drop this year to 75%, with expectations the rout in the electric-vehicle battery metal is far from over.
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Visit: 140
Namibia’s battery metal ambitions rest on infrastructure, miners say
Mining News Pro - Namibia’s ambitions to become a manufacturing hub for battery metals key to the global transition to clean energy will require huge investments in infrastructure to support processing facilities, mining executives said on Wednesday.
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Visit: 133
Tesla supplier weighs Indonesia battery metal unit IPO
Mining News Pro - Chinese battery metals producer CNGR Advanced Material Co. is weighing an initial public offering of Indonesian assets as soon as the end of 2024, according to people familiar with the matter.
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Visit: 190
Patriot Battery Metals hits back at short-seller report
Mining News Pro - Canadian lithium explorer Patriot Battery Metals refuted on Monday claims published in a short-seller report, stating the assertions made by Night Market Research were “factually inaccurate and misleading.”
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Visit: 183
Vale taps ex-Anglo CEO Cutifani to chair battery metals board
Mining News Pro - Vale SA recruited former Anglo American Plc boss Mark Cutifani to lead an independent board that will oversee its new base metals subsidiary, the Brazilian mining giant said on an earnings call Thursday.
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EU inks deal with Chile for easier access to battery metals
Chile, the world’s top copper producer and the second largest lithium miner, will drop tariffs on all imports from the EU, except sugar, and make it easier for European companies to invest in the country, the European Commission said.
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Visit: 363
Tesla’s battery metals bill balloons to $100 billion
Mining News Pro - Elon Musk had plenty of advice for the mining and metals industry at the company’s Battery Day event in September 2020, where the road map to a $25,000 Tesla was laid out.
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Visit: 990
Hundreds of new mines required to meet 2030 battery metals demand
Mining News Pro - Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.
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Visit: 493
Top 10 trends impacting battery metals
Mining News Pro - Goldman Sachs paper warns it is 'the end of the beginning' for the battery metals bull market
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Battery metal buzz counters financial market angst at mining’s big show
Mining News Pro - The turmoil that rocked financial markets this week has done little to shake the optimism around global mining, if the signs of exuberance on display at one of the industry’s biggest gatherings in years are to be believed.
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Visit: 1110
Toronto Exchange to launch battery metals index
Mining News Pro - Canada’s Toronto Stock Exchange will launch on Tuesday a battery metals index to support the critical minerals sector and offer insights into the energy transition.
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Sibanye bides time on battery metals push as asset prices soar
Mining News Pro - Sibanye Stillwater Ltd. chief executive officer Neal Froneman plans to resume battery-metals acquisitions within two to three years, once inflated asset valuations come down.
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Visit: 692
Europe’s Green Deal requires massive amounts of battery metals
Mining News Pro - A recent study by KU Leuven University shows that meeting the European Union’s Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and 7 to 26 times the amount of rare earth metals compared to Europe’s current use.
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Visit: 830
Automakers go back to the future to secure battery metals
Mining News Pro - Henry Ford was right all along, it turns out.
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Visit: 504
Tesla may start mining lithium as Musk cites battery metal cost
Mining News Pro - Nearly two years after Tesla outlined a plan to dig for lithium, its chief Elon Musk signaled that the electric car giant might start doing so, due to skyrocketing cost of the metal key to battery technology.
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Battery Metals Royalties to acquire 45% interest in Mongolian coal assets from Silver Elephant Mining
Mining News Pro - Silver Elephant Mining and Battery Metals Royalties have announced that they have entered into a binding letter of intent pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant’s wholly owned Mega Thermal Coal Corp. (formerly Asia Mining Inc.), which owns and operates the Ulaan Ovoo and Chandgana thermal coal mines in Mongolia through Mega Coal’s wholly-owned Mongolian subsidiaries for $6.3 million.
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Biden poised to use Cold War powers to boost battery metals
Mining News Pro - President Joe Biden plans Thursday to invoke Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter.
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Millioners backed firm gets cash injection to find battery metals
Mining News Pro - KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed up efforts to find new deposits of critical metals needed for batteries and clean energy.
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Glencore in battery metal offtake deal with Missouri Cobalt
Mining News Pro - Glencore Plc agreed to an offtake deal with Missouri Cobalt LLC, giving the world’s biggest commodity trader more exposure to the crucial battery ingredient.
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Visit: 548
Lithium price hits ‘ludicrous mode’ as battery metal extends 400% gain
Mining News Pro - Lithium prices are continuing their breakneck ascent in China, with surging electric-vehicle sales underpinning a fivefold gain over the past year.
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Visit: 639