EU, Ukraine to sign preliminary deal on key raw materials, batteries To power up e-car batteries and for energy storage alone, the EU estimates it will need up to 18 times more lithium by 2030 and up to 60 times more by 2050. Reuters | July 12, 2021 | 11:20 pm
South Africa’s mining output up 21.9% y/y in May The country was under a strict lockdown to curb the spread of the coronavirus in April last year, denting output. Reuters | July 12, 2021 | 10:46 pm
Vale says value of Samarco settlement not open to renegotiation The lead prosecutor had declined to say how much more they were looking for, but referenced a benchmark of 155 billion reais. Reuters | July 12, 2021 | 9:13 am
Congo likely to start artisanal cobalt buying within 8 weeks The government is aiming to end unsafe working practices and child labour. Reuters | July 12, 2021 | 7:18 am
Spanish regulator blocks Berkeley Energia’s Retortillo uranium mine Spain's nuclear regulator on Monday blocked Berkeley Energia's planned uranium mine in the west of the country on safety concerns. Reuters | July 12, 2021 | 7:07 am
Europe’s climate masterplan aims to slash emissions within a decade If approved, plan would put the bloc on track to meet its 2030 goal of reducing planet-warming emissions by 55% from 1990 levels. Reuters | July 12, 2021 | 5:26 am
Sayona Mining raises $33.7m to fund deal, lithium project The company plans to integrate the mine owned by North American Lithium with its Authier lithium project to create the Abitibi lithium hub. Reuters | July 11, 2021 | 7:15 pm
Brazil prosecutors seek final settlement over Samarco dam disaster Prosecutors felt a previous agreement - in which the companies agreed to pay around 20 billion reais ($3.80 billion)- had not been effective enough. Reuters | July 9, 2021 | 2:56 pm
Britain carves out exemption for gold clearing banks from Basel III rule The upcoming rules are part of Basel III regulation designed to make banks more stable and prevent a repeat of the financial crisis of 2008-09. Reuters | July 9, 2021 | 12:22 pm
No bids for over 70% of Indian coal mines up for auction Adani Power, Hindalco Industries and Vedanta Ltd were among the companies that submitted bids. Reuters | July 9, 2021 | 11:04 am
Stellantis in lithium supply deals with California, German firms The agreements are with privately held Controlled Thermal Resources and Vulcan Energy Resources. Reuters | July 9, 2021 | 10:59 am
Home: Old economy recharges lead market People are gradually emerging from lockdown and taking to the road again, often only to find they need a replacement lead-acid battery for the car. Reuters | July 9, 2021 | 9:05 am