Albemarle plans more lithium auctions to boost market transparency The company, which operates across the Americas, Asia and Australia, cut staff and paused expansion projects in January. Reuters | June 25, 2024 | 10:55 am
Sibanye CEO says may close metals streaming deal in third quarter The miner is seeking to raise more than $500 million to shore up its balance after earnings plunged due to a rout in metal prices. Reuters | June 25, 2024 | 9:20 am
Australia’s Meteoric to supply Brazil rare earths magnet factory Meteoric is developing its Caldeira rare earths deposit in Minas Gerais. Reuters | June 25, 2024 | 8:44 am
Exxon, South Korea’s SK On sign non-binding deal for lithium supply The agreement has the potential to be a multi-year offtake deal of up to 100,000 metric tons. Reuters | June 25, 2024 | 8:39 am
Exxaro weighing options for Australian coal JV amid Anglo’s planned exit The South African coal miner and Anglo equally own the Moranbah South metallurgical coal project in Queensland. Reuters | June 25, 2024 | 7:15 am
Lilac Solutions releases lithium extraction data amid rising competition Lilac plans to use the latest version of its DLE technology at Utah's Great Salt Lake, where a pilot plant should be online by October. Reuters | June 25, 2024 | 7:12 am
Eramet, BASF cancel plan to invest $2.6 billion in refining complex in Indonesia Eramet said it will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia. Reuters | June 24, 2024 | 10:43 am
Brazil prosecutors seek $668 million from Vale, BHP for gender violations in reparations The new lawsuit comes as Vale and BHP hope to reach a tentative agreement by the end of this month. Reuters | June 24, 2024 | 9:23 am
Adani, Hindalco show interest as Hindustan Copper plans to develop two mines Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand. Reuters | June 24, 2024 | 7:23 am
Heavy rains in Chile cause mining tailing overflow A tailings dam belonging to copper miner Las Cenizas in central Chile began overflowing overnight on June 13. Reuters | June 24, 2024 | 7:05 am
India to auction 21 critical mineral blocks across more than six states India has been auctioning critical mineral blocks since November as part of efforts towards a clean energy transition. Reuters | June 24, 2024 | 6:48 am
Paladin Energy to buy Fission Uranium for $833 million The deal comes at a time when prices for uranium, used to fuel most of the world's nuclear reactors supplying 16% of the global energy, have increased significantly last year due to rising demand and limited supply. Reuters | June 24, 2024 | 6:44 am