Northvolt says it will be able to pay its upcoming taxes Cash-strapped Northvolt announced in September that it would slim down and cut jobs. Reuters | October 10, 2024 | 12:41 pm
Teck CEO says Canada must spend more to erode China’s critical minerals dominance Price noted that Canada has committed $4 billion over eight years to support critical mineral development, compared to $20 billion that China invested in 2023. Bloomberg News | October 10, 2024 | 11:45 am
Mining stocks may drop 20% if US tariffs imposed – JPMorgan The bank cited tariffs as a key factor behind the sector's more than 10% drop in 2017-2018 during the Trump administration. Staff Writer | October 10, 2024 | 9:58 am
Zimbabwe plans incentives to encourage mineral processing Zimbabwe has banned the export of unprocessed raw lithium and “base minerals” to boost domestic processing. Bloomberg News | October 10, 2024 | 7:39 am
Zambia to keep majority ownership of mining permits The country has set up a special purpose vehicle that will own certain licenses and then seek partners for their exploration and mining. Cecilia Jamasmie | October 10, 2024 | 5:24 am
LMFP battery technology breakthrough could increase EV range by 20%, Integrals Power says The company's LMFP materials feature 80% manganese, instead of the 50-70% typically found in competing materials. Staff Writer | October 9, 2024 | 4:02 pm
Rio arrives in lithium with a survival-of-the-fittest mentality The company is planning to invest heavily in further expansion ahead of an anticipated 2030s demand boom. Bloomberg News | October 9, 2024 | 2:19 pm
Canada’s green taxonomy unlikely to include new natural gas projects The taxonomy will include both low-emitting “green” activities and “transition” activities that enable decarbonization. Bloomberg News | October 9, 2024 | 2:11 pm
Congo wants to pivot away from China’s dominance over its mining The plan includes streamlining processes to pay customs and taxes, along with a partnership with the United Arab Emirates. Bloomberg News | October 9, 2024 | 11:19 am
