Vale divestment in Indonesian nickel unit expected to finish in July

Savannah said that 93% of the resources of the Barroso lithium project in Portugal are now in the “indicated” category.

Sumitomo booked a total of 150 billion yen one-off losses on four problematic operations, including the Ambatovy nickel project in Madagascar.

Lithium prices had fallen by more than 80% in the year up to March, according to a basket tracked by Benchmark Mineral Intelligence.

Most of Congo's mineral resources are concentrated in the east, where insecurity has worsened since the M23 made a major comeback in March 2022.

One measure under consideration is a trilateral arrangement through which the Philippines would supply raw nickel material, the US would provide financing, and a third country would offer the technology required for smelting and refining.

The Paradox lithium project, owned by the Anson Resources' unit A1 Lithium, has a production capacity of about 10,000 tpa.

Manara is a joint venture between Ma'aden and Saudi Arabia's Public Investment Fund.

If successful, the move will pit the miners against their main customers- the original equipment manufacturers.

Tianqi Lithium founder Jiang Weiping has resigned as chairman after the battery material producer reported its biggest ever quarterly loss.