The company is considering producing cathode battery materials in the United States among other options.

Glencore has also offered to provide a financing prepayment facility between $70 million and $100 million.

This infographic visualizes the 2.8 billion tonnes of metals mined in 2022, including precious metals, industrial metals, and more.

The country’s lithium industry has seen a frenzy of deals this year.

Composed of manganese, nickel, copper, cobalt and other trace minerals, polymetallic nodules hold some of the key ingredients needed to fuel the energy transition.

BMW sources a fifth of its cobalt supplies from Morocco.

In a budget speech on Wednesday, Ghana's finance minister said the project is expected to be a major contributor to the country's gross domestic product.

The miner reported revenue of $97 million in Q3, marking the company’s first revenue-generating quarter.