Horizonte Minerals stock plunges 60% on cost overruns and delays at AraguaiaThe company said costs for its Araguaia nickel project in Brazil will escalate by at least 35%.Staff Writer | October 2, 2023 | 9:54 am
US optimistic it will reach critical minerals deal with EUAfter signing a minerals deal with Japan in March, the…Reuters | October 2, 2023 | 8:33 am
$1bn metals SPAC deal backed by Glencore, automakers collapsesACG had planned to buy a nickel mine and a…Reuters | September 28, 2023 | 12:11 pm
Deep-sea mining could contribute to increasing the scale, speed of climate change – study New research shows that disturbing the seabed could increase the scale and speed of climate change. Staff Writer | January 31, 2024 | 6:06 am
Sigma Lithium project in Brazil just got 27% bigger Grota de Cirilo is now the world’s fourth-largest operating industrial pre-chemical lithium complex, with 109 million tonnes in resources. Cecilia Jamasmie | January 31, 2024 | 4:47 am
Lithium market transition comes with delays, layoffs and M&As — WoodMac Consultancy Wood Mackenzie says the market is moving towards maturity and its actors need to adapt to the new conditions. Cecilia Jamasmie | January 31, 2024 | 3:45 am
EU trade chief to press on with US battery minerals talks despite differences The battery minerals trade agreement would allow European companies to take advantage of generous US tax credits for electric vehicles. Reuters | January 30, 2024 | 3:11 pm
IGO freezes nickel project, trims lithium forecast The Cosmos project was acquired by IGO as part of its acquisition of Western Areas. Reuters | January 30, 2024 | 2:27 pm
Pentagon plans AI-based program to estimate prices for critical minerals The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals. Reuters | January 30, 2024 | 9:01 am
Lithium miners warn on plunging profits after price freefall Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry. Bloomberg News | January 30, 2024 | 8:20 am
Nickel Industries posts record quarterly output, unveils $100m buyback plan The specialty miner also reported a record output from its rotary kiln electric furnace projects. Reuters | January 29, 2024 | 3:26 pm
Vale’s 2023 iron ore output tops guidance, but sales fall The company produced 89.40 million metric tons of iron ore in the last three months of 2023. Reuters | January 29, 2024 | 1:42 pm