Drilling to Commence at Karoo Project Sites 45 and 49 – PENINSULA ENERGY LIMITED

Value of the graphite, lithium, nickel, cobalt and magnesium contained in EV batteries is up 38% from the lows struck in January.

Once complete, the Guben converter will be the first of its kind in Europe, with expected annual production of 24,000 tonnes of lithium hydroxide.

Galp was left alone in early 2024, when Northvolt said it would not invest in the 50-50 joint venture set up in November 2021.

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.