Lithium Royalty raises $109 million in biggest Canadian IPO since May The Toronto-based company sold 8.82 million shares for C$17 apiece in its IPO. Bloomberg News | March 9, 2023 | 7:19 am
Trafigura CEO says tight metal supply threatens green transition The world’s biggest copper trader has been vocal in warning that higher prices will be needed to incentivize miners to bring new production online. Bloomberg News | March 8, 2023 | 1:48 pm
BHP eyes copper, nickel projects as it bypasses lithium BHP expects global copper and nickel supplies to remain below demand as few new mines for either metal are coming online in the near future. Reuters | March 8, 2023 | 1:29 pm
Battery metal frenzy outshines recovery fears at PDAC The rush for battery metals has prompted a flurry of activity from investors not typically associated with the mining industry. Bloomberg News | March 8, 2023 | 12:28 pm
Canada will not retrospectively target Chinese investments in mining companies, minister says In November, Canada had asked three Chinese companies to sell their stakes in Toronto-listed lithium explorers following a national security review. Reuters | March 8, 2023 | 11:21 am
Piedmont Lithium hit with short-seller report on Ghana mine Blue Orca Capital alleged that mining licenses in Ghana obtained by a company it invested in were through what appeared to be "textbook corruption." Reuters | March 8, 2023 | 11:01 am
Battery bonanza is being sparked by coal’s exit in Australia Australia’s rapid shift from coal-fired power to cleaner alternatives is underwriting a boom in battery projects able to store solar and wind energy. Bloomberg News | March 8, 2023 | 5:52 am
“Lithium OPEC” in South America could drive away investment, says Sigma Lithium CEO Argentina, Chile, Bolivia and Brazil would cooperate to expand their processing capacity, open battery plants and make EVs locally. Bruno Venditti | March 7, 2023 | 10:24 am
Argentina moves to stop wetlands bill from foiling lithium boom The country has been working on legislation to protect its wetlands amid sprawling fires often blamed on farmers. Bloomberg News | March 7, 2023 | 9:20 am