Trafigura denies knowing that nickel deals with Gupta were fake

One of the world’s largest commodity traders revealed it had lost more than half a billion dollars after buying cargoes of nickel from Gupta’s companies, only to discover that they contained much lower value materials.

Bloomberg News | October 25, 2023 | 2:37 pm

Namibia’s battery metal ambitions rest on infrastructure, miners say

The southern African country has significant deposits of lithium as well as rare earth minerals.

Reuters | October 25, 2023 | 9:19 am

Nornickel starts sulphur dioxide capture in Russia’s most polluted city

The miner launched a multi-billion dollar project aimed at reducing sulphur dioxide emissions by 45% in Norilsk.

Reuters | October 25, 2023 | 7:41 am

Ma’aden working to extract lithium from seawater

Saudi Arabia is developing an automotive industry which will require electric vehicle battery materials.

Reuters | October 25, 2023 | 7:38 am

Zijin says it will advance disputed, giant Congo lithium project

Mine permit belonged to AVZ Minerals, but was revoked in February with mines ministry saying the company had not developed it fast enough.

Reuters | October 25, 2023 | 3:11 am

Biden-backed battery firm plunges after pausing construction

Li-Cycle shares fell as much as 49% in New York on Monday.

Bloomberg News | October 24, 2023 | 2:46 pm

Hedge fund hunts for next Australia lithium winner on deal craze

An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management.

Bloomberg News | October 24, 2023 | 1:23 pm

Australia boosts critical minerals fund by over $1 billion to attract international investors

The $1.3 billion boost will increase the capacity of Australia’s Critical Minerals Facility to finance mining and processing projects for materials.

Staff Writer | October 24, 2023 | 9:19 am

Rock Tech Lithium to raise $7.3 million for Georgia Lake, converter projects

Located 160 km northeast of Thunder Bay, Georgia Lake is planned as an open-pit and underground mining project.

Staff Writer | October 24, 2023 | 9:19 am

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LME cancelled nickel trades to ‘save’ Tsingshan, London court told

Norway to open its waters to deep-sea mining

Material intensity in EV batteries going down —report

The world’s most feared investor heads for showdown over nickel

EV battery prices rise for the first time in 2023

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