EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.

Nickel has rallied hard this month, clawing back some of the territory lost during its price slide in 2023.

Tianqi also said not enough financial information has been given to determine the impact on SQM operations from the deal.

Overseas sales jumped more than 200% in March from the previous month.

Mining at the SLN unit has now been suspended since mid-April.

India's Ministry of Mines began discussions with Australia and the United States last year, according to Reuters.

Apple previously pledged to source “responsibly” and work to improve working conditions among mining communities, including in Congo.

One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a $1.9 billion profit.