Neo Performance eyes expansion of European rare earth processing plant

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

Namibia's Desert Lion Energy ceases all operations as Chinese lithium prices plummet to three-year lows – down by half since the start of 2018.

Batteries made by the U.S. manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up.

The project, which straddles salt flats and lakes across 135 square miles near the Chilean border, is billed as having high concentrations of lithium.

Mercedes-Benz, the world’s largest maker of luxury cars, is rolling out its first in a series of battery-powered models.

Metal bulletin reasearch’s forecast is for the lithium market to shift into a supply surplus this year and as such we have expected prices to fall.

In Chile, threats of a government crackdown on over-usage of water often ring hollow. Mines need water, and the country´s copper-driven economy needs mines.

Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year.

The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.