Freeport to expand US copper mines as Biden moves to electrify the nation; Minnesota court hands victory to PolyMet copper-nickel project; Sibanye-Stillwater to invest in European lithium company.

Tesla CEO said that the company is shifting some cars to a type of battery that uses iron instead.

The lithium and borax miner said net loss after tax widened to $29.1 million for the half-year ended Dec. 31, from $18.9 million last year.

The Mining Association of Canada says the total 10-year projected value of $82 billion for new projects remains nearly 50% below the 2014 level of $160 billion.

Earlier this month, the US Department of Defense awarded $30 million in funds to build a facility in Texas to Lynas.

One person said a chip shortage may have affected the production cutback, which would last until March 7.

Company's recall of nearly 82,000 electric vehicles highlights how costly the shift to the industry’s new frontier can be for all the automakers piling in, both to their balance sheets and their brands.