MP Materials profit surges in first results post listing

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

One of the main problems, says the head of Chile’s Mining Society, Diego Hernández, is miners have no incentives to do anything with the assets they already own and is very cheap to keep them.

Softbank $100 billion fund buys into Canadian lithium miner in first deal of its kind as race to secure electric vehicle battery raw materials heats up.

Michigan Potash Co. is closer than ever to start building a potash mine in the state.

Nelson Pizarro, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in costs, while kicking off a major overhaul of Codelco’s aging mines to deal with dwindling ore grades.

Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project. 

The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.

Soaring cobalt and lithium prices are pushing some companies to dig for them in the recycle bin, which some believe could be even more profitable than mining them.

Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.