"The only way is up for lithium demand," says Fastmarkets.

Juan Carlos Jobet on Tuesday announced a new national mining blueprint that aims to increase the traceability of copper produced in Chile, slash water use and bolster diversity at mining companies.

The organization has around 70 members, including Anglo American, Glencore and Vale.

CATL has hired investment banks to arrange the potential debt sale.

Three-month nickel on the London Metal Exchange also touched its highest since July 30.

Once in production, the Gibellini project would become the first primary vanadium mine within US borders.

Prices of copper and nickel have risen to multi-year highs this year and the world’s transition from fossil fuels is expected to add to demand.

The company is reminding shareholders that BHP's C$0.55-per-share friendly bid is the only one that's officially been made.