BASF, Eramet to finalize $2.6bn partnership on Indonesia nickel smelter The partnership would build a hydro-metallurgical complex with an output capacity of 67,000 tonnes of nickel and 7,500 tonnes of cobalt per year. Reuters | January 17, 2023 | 6:08 pm
Nickel Industries set to raise $471m to buy nickel assets The company will also look to collaborate with Tsingshan Group. Reuters | January 17, 2023 | 4:43 pm
Allkem’s revenue drops on lower Mt Cattlin output The lithium miner's revenue was $265 million for the three months. Reuters | January 17, 2023 | 1:44 pm
Australia raises loan to rare earths developer, announces more grants The government raised its financial support to Hastings Technology Metals by A$80 million to account for higher costs. Reuters | January 17, 2023 | 10:44 am
Mega miners are hunting for deals after decade on the sidelines The industry is flush with cash after last year’s record profits, while boards and managers believe they have the support of key investors after promising to avoid the reckless overspending of the last cycle. Bloomberg News | January 17, 2023 | 9:39 am
Wealth Minerals delivers first resource estimate for Ollagüe lithium project in Chile The initial resource contains 741,000 tonnes of LCE grading 175 ml/L in the indicated category and 701,000 tonnes LCE grading 185 ml/L in inferred. Staff Writer | January 17, 2023 | 9:16 am
Britishvolt calls in administrators in blow to UK’s EV battery hopes Backed by Glencore, company was viewed as a key part of the UK’s drive toward an EV manufacturing boom. Reuters | January 17, 2023 | 8:03 am
Stellantis, Vulcan Energy to develop renewable energy assets in Germany The phased project is aimed at providing renewable heat to Stellantis' Rüsselsheim manufacturing facility. Reuters | January 16, 2023 | 3:34 pm
Lithium’s next big risk is grand supply plans falling short With suppliers unable to keep pace, a blistering price rally sent the total spot value of lithium consumption rocketing to about $35 billion in 2022. Bloomberg News | January 16, 2023 | 7:02 am