Africa moves a step closer to continent’s first cobalt refinery Nigeria-based Africa Finance Corp. last week signed an expression of interest to provide $100 million in financing to the facility. Bloomberg News | February 14, 2024 | 2:34 pm
Despite weak lithium prices, Albemarle beats on cost cuts The company posted a fourth-quarter net loss of $617.7 million, or $5.26 per share. Reuters | February 14, 2024 | 1:18 pm
Tycoon Birla’s Hindalco bids for Indian critical minerals leases The government will sell rights to about 20 blocks of land to explore for critical metals. Bloomberg News | February 14, 2024 | 10:36 am
Lithium players to gather in Arkansas as low prices pressure industry Exxon Mobil and Albemarle are amongst those gathering in Little Rock this week. Reuters | February 14, 2024 | 9:31 am
Canada’s ambitious EV targets can’t be met without more support for mine supply The gap in production for energy transition metals provides an opportunity for Canada. Chantelle Schieven | February 14, 2024 | 8:01 am
Electra given Canadian federal grant to support EV supply chain Electra’s refinery recycles spent batteries, creating black mass from which critical minerals can be recovered. Staff Writer | February 13, 2024 | 10:35 am
Canada to accelerate critical mineral mining – energy minister Canada plans to reduce the time to approve mining permits by better funding the regulatory agency to get rid of paperwork backlogs. Reuters | February 13, 2024 | 9:32 am
IEA to launch security program for minerals critical to energy sector The IEA's move comes as countries escalate efforts to cut emissions. Reuters | February 13, 2024 | 9:28 am
Gecamines offers to buy some of Khazakh miner ERG’s copper assets Congo state miner has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country. Reuters | February 13, 2024 | 7:30 am