Adionics’ direct lithium extraction testing at SQM’s Atacama salar shows high recovery rates

After concluding its metal stocks inventory, Aurubis identified damage amounting to 185 million euros.

China’s appetite for iron ore has picked up in recent months.

Last year, the Rochester mine accounted for 11% of Coeur's gold production and 31% of its silver production.

“Lithium companies right now are very expensive. We can believe we can find much cheaper ways to get it done," CEO Jakob Stausholm said.

The ABB Ability operations management system (OMS) now being deployed at the mine 740 km northeast of Perth.

The study gives the project a $373 million after-tax NPV and a 16% after-tax internal IRR.

The fast-tracked underground mining plan will increase average gold production in the first five years of operation to over 300,000 oz. per year.

Glencore bought only a small portion of a potential 6.9 million metric tons of aluminum it could have bought in 2020 to 2022.

The company has so far spent more than $500 million on developing the project.