Some 200 million Indonesians will vote for a new leader next month.

Australia, which mined about half the world’s lithium in 2022, forecasts the spot price of spodumene will fall to $2,200 per tonne in 2025.

Baseline capital expenditures are estimated at $749 million, including $44 million to be spent on additional exploration and permitting.

Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing.

Last month, members of Congress wrote urging the Department of Defense to prioritize planning for seabed mining as a "new vector of competition."

The company completed 34,238 metres of drilling at the Yellowknife project last year.