Chile is already the world’s no. 2 producer of lithium after Australia. But demand is exploding worldwide.

Some of the world’s largest mining companies and metal traders are warning the shortfall could arrive as early as 2025.

The Wedge deposit was discovered in 1956 by Cominco, and it operated the mine between 1962 and 1968.

China’s aluminum producers are following in the footsteps of their nickel peers by setting up smelters in Indonesia.

Traders expect China to cut benchmark rates on Tuesday, the first such easing in 10 months.

China's Zijin Mining and Norinco Group, South Africa's Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials have been shortlisted in the race.

The Haib copper deposit has an after-tax NPV (at a 7.5% discount rate) of $957 million and IRR of 29.7%.