Australia’s Nickel Industries to seek shareholder nod for $620m share placementThe nickel producer entered a share-sale deal in June to issue about 20% of its shares to PT Danusa Tambang Nusantara.Reuters | August 7, 2023 | 9:49 am
Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yenNet profit is now forecast at $373 million for the…Reuters | August 7, 2023 | 9:12 am
Vale Indonesia plans to divest 14% stake – ministerThe shares will be sold to MIND ID, Indonesia's state…Reuters | August 4, 2023 | 6:58 am
Volt Lithium gives Rainbow Lake after-tax NPV of $1.1 billion The PEA outlines annual production beginning at 1,000 tonnes and rising to over 23,000 tonnes of battery-grade LHM over a 19-year period. Staff Writer | December 14, 2023 | 10:53 am
NORI says environmental impact of seafloor mining less than feared The Metals Company is planning to begin deep sea mining by late-2025. Staff Writer | December 14, 2023 | 10:50 am
South32 yet to invoke force majeure in Colombia At Cerro Matoso, members of two communities have blocked access roads since Sunday. Bloomberg News | December 14, 2023 | 10:22 am
Germany’s BASF considers building lithium plant in Chile BASF recently signed a deal with Wealth Minerals that includes lithium offtake if the Canadian explorer obtains production contracts in Chile. Bloomberg News | December 14, 2023 | 10:18 am
China approves first graphite export permits after rule change China started to require export permits for some graphite products from this month to protect national security. Reuters | December 14, 2023 | 6:55 am
Gates, Bezos-backed KoBold Metals in four-continent quest for lithium The start-up is deploying AI-based technology to search for lithium in South Korea, Canada, the US, Australia and Africa. Cecilia Jamasmie | December 14, 2023 | 5:13 am
MinRes tightens grip on smaller rival Delta Lithium amid sector consolidation Chris Ellison-led MinRes has beefed up a 24.27% stake in Delta. Reuters | December 13, 2023 | 8:19 am
South Korea offers $29 billion in aid to battery makers amid metals war President Yoon Suk Yeol’s administration wants to boost competitiveness of the nation’s battery industry, from mining to recycling. Bloomberg News | December 12, 2023 | 5:35 pm
Wealth Minerals lines up funds for Chile operations The company has already applied for operating permits and is about to unveil a direct extraction provider for what is envisaged as a $500-$600 million mine. Bloomberg News | December 12, 2023 | 11:36 am