Pentagon plans AI-based program to estimate prices for critical minerals

Lithium prices had fallen by more than 80% in the year up to March, according to a basket tracked by Benchmark Mineral Intelligence.

Most of Congo's mineral resources are concentrated in the east, where insecurity has worsened since the M23 made a major comeback in March 2022.

One measure under consideration is a trilateral arrangement through which the Philippines would supply raw nickel material, the US would provide financing, and a third country would offer the technology required for smelting and refining.

The Paradox lithium project, owned by the Anson Resources' unit A1 Lithium, has a production capacity of about 10,000 tpa.

If successful, the move will pit the miners against their main customers- the original equipment manufacturers.

Tianqi Lithium founder Jiang Weiping has resigned as chairman after the battery material producer reported its biggest ever quarterly loss.

At the same time, the investment approval process would be streamlined for known investors and low-risk sectors.

However, the company left its full-year production forecast unchanged.

Lithium in Chile is currently mined only in the Atacama salt flat.