The mining world turns to Saudi cash for critical metal supplySaudi Arabia is seeking to take minority stakes in global mining assets that will over time help provide access to supplies of strategic minerals.Bloomberg News | July 30, 2023 | 11:32 am
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firmMa'aden, has agreed to acquire a 10% stake in Vale Base…Reuters | July 30, 2023 | 11:05 am
Vale to sell 13% stake in base metals unit for $3.4 billionVale Base Metals is expected to invest $25-30 billion in…Staff Writer | July 27, 2023 | 4:25 pm
LME triumphs in lawsuit over cancelled nickel trades Hedge fund Elliott Associates and market maker Jane Street Global Trading brought the case after LME cancelled $12 billion in trades in 2022. Reuters | November 29, 2023 | 7:43 am
India launches first part of critical minerals auction worth $5.4 billion India will also announce the acquisition of lithium blocks in Australia and Argentina in a month or two. Reuters | November 29, 2023 | 7:38 am
Rio Tinto sells stake in Canadian diamond project, ups interest in copper Rio Tinto sold its 75% interest in the Fort à la Corne diamond project in Saskatchewan, and is increasing its stake in a Yukon copper firm. Cecilia Jamasmie | November 29, 2023 | 4:09 am
Deep sea mining company sues Greenpeace amid standoff at sea The Metals Company said the protest was costing it $1 million a day. Bloomberg News | November 28, 2023 | 3:22 pm
Li-FT drills 21 metres at 1.12% lithium oxide at Ki target near Yellowknife The company has now wrapped up its 2023 drill program at the Yellowknife project which comprised 34,238 metres. Staff Writer | November 28, 2023 | 1:43 pm
Stantec to design C$1 billion Li-ion battery plant in British Columbia The facility will become the largest factory in Canada for high performance Li-ion battery cells. Staff Writer | November 28, 2023 | 11:09 am
Euro Manganese shares jump on project financing deal with Orion Resource Partners The Chvaletice project in the Czech Republic is the only sizeable, classified resource of manganese in the European Union. Staff Writer | November 28, 2023 | 10:22 am
Chile mining body says new lithium projects needed beyond SQM, Albemarle The head of one of Chile's top mining associations on Tuesday urged the government to speed up efforts to expand the lithium industry. Reuters | November 28, 2023 | 10:06 am
American Lithium says Peru project could be fast-tracked The miner hiked its estimates for the Falchani project by 476% from 2019, saying it could hold 5.53 million metric tons of lithium carbonate equivalent. Reuters | November 28, 2023 | 8:18 am