Factbox: Automakers accelerate the drive to secure battery raw materials

The foreign ministry would agree on a UK-Zambia Green Growth Compact, aimed at generating £2.5 billion pounds of British private sector investment.

Agreement will provide Graphex with a diverse supply of raw materials in line with its plans to bring domestic processing facilities online to supply automakers and battery gigafactories.

The company posted net income for the second quarter ended June 30 of $650 million, or $5.52 per share.

The shipment totaled 25,000 tonnes of spodumene concentrate to be sold into the global spot market via a major trading company.

The company is testing whether it’s feasible to extract minerals from the large amounts of dirty water generated by drilling in the Permian Basin.

Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year.

Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas.

Minerals that will now be open for mining and auction also include titanium, beryl, niobium and zirconium.

The company and Calix received board approvals to build a demonstration plant to process lithium at the Pilgangoora project in Western Australia.