The company said costs for its Araguaia nickel project in Brazil will escalate by at least 35%.

Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand.

After signing a minerals deal with Japan in March, the US, along with both the EU and Britain, is now seeking similar agreements.

Hancock said on Friday it raised its stake from 10.7% last month to 12.4%.

Glencore and Li-Cycle planned to develop a recycling hub in Portovesme by repurposing Glencore's existing production sites on the island.

In Friday's public statement, Sigma reiterated its previous position that the injunction would not hurt its expansion.

Over the past three years, Quebec has attracted investments from auto and battery makers such as General Motors, POSCO and Ford Motors.

Provincial and federal officials want to tap the profits of lithium companies with an annual tax that would be put toward building infrastructure.