Sumitomo participates in FPX Nickel financing to gain 9.9% stake

FPX owns 100% of the Baptiste nickel project in the Decar nickel district of British Columbia.

Staff Writer | January 17, 2024 | 11:08 am

Serbia wants talks with Rio Tinto over Jadar lithium project

Belgrade revoked licences for Rio's $2.4 billion Jadar lithium project in Western Serbia in January 2022.

Reuters | January 17, 2024 | 9:44 am

China’s CBC increases stake in Bolivia lithium mining

The agreement provides for a further $90 million investment.

Reuters | January 17, 2024 | 8:50 am

Lithium venture in Chile in talks with EV firms to invest in mine project

A joint venture valued at $1.5 billion to $2 billion that wants to become Chile’s third lithium producer is in talks with investors to bankroll its project.

Bloomberg News | January 17, 2024 | 7:49 am

Albemarle to cut jobs, halt expansions and sell stake in Liontown

The world's top lithium producer expects to reduce costs by $95m a year by reducing expenses, cutting jobs and selling unwanted assets.

Cecilia Jamasmie | January 17, 2024 | 3:43 am

AustralianSuper swoops on lithium stocks after price plunge

The Melbourne-based fund raised its stake in Pilbara Minerals to 6.12% earlier this month.

Bloomberg News | January 16, 2024 | 5:06 pm

China cobalt buyers use global glut to challenge pricing

A rapid expansion of cobalt mining in Democratic Republic of Congo and Indonesia has output racing ahead of demand.

Bloomberg News | January 16, 2024 | 9:29 am

Most cobalt producers loss-making after 2023 price slump, says ERG

Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop.

Reuters | January 16, 2024 | 7:55 am

At Saudi Arabia forum, buzz word is partnership

Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.

Colin McClelland | January 16, 2024 | 6:41 am

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Graphite poised to do a lithium

Chinese mining deals under review as Congo targets windfall profits

Goldman Sachs says US, Europe could end reliance on Chinese EV batteries by 2030

Trafigura gets $600m from Africa’s TDB for Congo cobalt mines

US, Philippines to negotiate nuclear power tech-sharing pact

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