ERG signs deal to sell cobalt to US battery materials producer ERG said it would sell 3,000 metric tons of contained cobalt metal a year to EVelution. Reuters | October 11, 2023 | 10:21 am
Eramet rues timid European banks, sees lithium plant costing $1.5 billion Eramet aims to start producing lithium in Argentina in the second quarter of next year. Reuters | October 11, 2023 | 7:46 am
India sets lithium mining royalty at 3% of LME prices The government also set the royalty for niobium at 3% of the average sale price, and for rare earth elements at 1% of the average sale price of rare earth oxide. Reuters | October 11, 2023 | 7:43 am
Piedmont Lithium to invest in Newfoundland lithium project Piedmont will acquire a 19.9% interest in Vinland Lithium, which owns Killick Lithium. Reuters | October 11, 2023 | 7:40 am
Panama cabinet approves modified contract with First Quantum The approval comes after extended negotiations over regulations concerning the Cobre Panama copper mine, which accounts for about 4% of Panama's GDP. Reuters | October 10, 2023 | 4:28 pm
LME launches new collaboration with Shanghai Futures Exchange "Our two venues have opened a new chapter of close cooperation and we intend to further deepen our collaboration in 2024," says LME CEO. Reuters | October 10, 2023 | 1:18 pm
China’s top copper buyers expect a 36% cut in Codelco premium China's largest copper buyers expect to pay a premium of around $90 per metric ton next year. Reuters | October 10, 2023 | 10:01 am
Aussie billionaire paves way to block Albemarle’s Liontown bid with stake raise Gina Rineheart has once again increased her stake in Liontown Resources. Reuters | October 10, 2023 | 9:51 am
Some EU states baulking at streamlined mine permitting, says commissioner Under the draft CRMA, strategic mine projects would have to get permits within 24 months. Reuters | October 10, 2023 | 9:33 am
Zinc study group now sees market surplus for 2023 Prices for zinc are down 16% so far this year following last year's slump in demand from China. Reuters | October 10, 2023 | 6:14 am
Coal industry faces 1 million job losses from global energy transition – research Hundreds of labor-intensive mines are expected to close in the coming decades. Reuters | October 10, 2023 | 6:01 am
Aboriginal elders suspend Rio Tinto site survey over heritage concerns Western Australia is set to overturn its 2021 Aboriginal cultural heritage protection laws, introduced on July 1, due to opposition from landowners. Reuters | October 10, 2023 | 5:56 am