US has second-longest mine development timeline in the world, S&P Global saysMines in the US go from discovery to production on an average of 29 years.MINING.COM Staff Writer | July 18, 2024 | 10:07 am
Australia’s Quantum Graphite receives $300m loan offer from US EXIM BankThe financing will cover mining and production at Uley mine…Reuters | July 18, 2024 | 9:13 am
Global battery demand to quadruple by 2030 — reportAccording to Bain & Company, lithium-ion batteries will remain dominant…Staff Writer | July 17, 2024 | 10:26 pm
Australia cracks down on foreign cash in critical minerals At the same time, the investment approval process would be streamlined for known investors and low-risk sectors. Bloomberg News | April 30, 2024 | 6:30 am
Codelco plans lithium exploration in Pedernales salt flat in late 2024 Lithium in Chile is currently mined only in the Atacama salt flat. Reuters | April 29, 2024 | 8:57 am
Century Lithium stock drops after Clayton Valley feasibility release The company said it will now direct its focus on engineering and permitting, and at the same time, advance funding discussions. Staff Writer | April 29, 2024 | 7:04 am
First Quantum to shut down Ravensthorpe nickel mine The Canadian miner cited higher operation costs and lower nickel price forecast amid reasons for the closure of the Western Australia mine. Cecilia Jamasmie | April 29, 2024 | 6:41 am
Ardea Resources teams up with Sumitomo, Mitsubishi for nickel project A consortium of Sumitomo and Mitsubishi will fund A$98.5 million for the costs of a DFS on the Kalgoorlie project. Reuters | April 29, 2024 | 4:12 am
Saudi Arabia set on securing lithium for EV ambitions Saudi Arabia is committed to sourcing lithium from overseas as it looks to produce EV batteries and invest in the electric vehicle sector. Reuters | April 28, 2024 | 10:08 am
SQM invests $2 million in Chilean startup Movener Movener, which aims to transform traditional trucks into hybrid-electric vehicles, is the first Chilean company in SQM’s venture portfolio. Staff Writer | April 26, 2024 | 9:01 am
Anglo American rejects “opportunistic” $39bn takeover bid from BHP Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away. Cecilia Jamasmie | April 26, 2024 | 3:24 am
On lithium’s frontier, miners are betting on a greener second act Despite bullish long term forecasts, the metal has been languishing near two-year lows as demand fails to keep pace. Bloomberg News | April 25, 2024 | 2:43 pm