Vulcan secures German lithium plant finance from chemicals maker Nobian Nobian will contribute 161 million euros in cash as equity to fund capital expenses. Reuters | April 26, 2023 | 4:20 pm
Chinese lithium price finally ticks up after five-month slide Chinese lithium carbonate ticked up 1.2% Wednesday, the first gain this year. Bloomberg News | April 26, 2023 | 9:57 am
Lithium developer joins race to produce green fuel in Chile’s arid desert Chile’s government is encouraging green hydrogen investment to harness the nation’s abundant solar and wind resources. Bloomberg News | April 26, 2023 | 8:04 am
Mineral Resources flags further interest in Essential Metals The company expects spodumene FOB cost to be between A$1,200 and A$1,250 per tonne for fiscal 2023. Reuters | April 25, 2023 | 5:53 pm
Finland’s Fortum begins battery material recovery from EV ‘black mass’ Black mass is the shredded material that comes from used batteries, which can include lithium, cobalt, and nickel. Reuters | April 25, 2023 | 8:43 am
Congo state miner and China’s CMOC reach agreement on royalties The agreement paves the way for the resumption of minerals exports from Tenke Fungurume. Reuters | April 25, 2023 | 7:12 am
Japan to subsidize half the costs of lithium, critical minerals projects – report The initiative seeks to secure domestic supply of materials used in manufacturing electric car engines and batteries. Staff Writer | April 24, 2023 | 1:17 pm
Germany draws up €2 billion state fund to secure key commodities The new financing vehicle could start next year if the ruling coalition agrees on the funding. Bloomberg News | April 24, 2023 | 12:20 pm
Chile’s new lithium plan to scare off investors, Friedland says “Money is a coward — it runs away at the first sign of trouble,” the chairman of Ivanhoe Mines said. Bloomberg News | April 24, 2023 | 8:01 am