Lawmakers heard testimony from industry groups that warned Canada will steadily lose investment to the US on everything from steel production to mine development if it doesn’t keep pace with its neighbor.

The joint venture between China’s Tianqi and Australian miner IGO in May produced the nation’s first battery-grade lithium hydroxide at its refinery near Perth.

The battery materials business is one of two major investment projects at BASF.

Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.

The world's fourth-biggest economy, Germany joins countries including New Zealand and France in calling for seabed mining exploration to stop until further research is done.

New report says China now imports half its heavy rare earths while demand from EVs, renewable energy is absorbing higher prices.

“That’s a country that has seen this need coming and made the most of it,” Resources Minister Madeleine King told Bloomberg News in an interview.