Lithium price plunge is pitting Cathie Wood against sector veterans Lithium carbonate in China has tumbled almost 30% since touching a record in November. Bloomberg News | February 21, 2023 | 7:44 am
Uganda to set up state mining firm, take equity in licences Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates. Reuters | February 21, 2023 | 7:10 am
Teck Resources to become Teck Metals as it spins off coal unit Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd. Cecilia Jamasmie | February 21, 2023 | 3:38 am
Allkem cuts Mt Cattlin annual production view on lower-grade ore Lithium miner said it now expected fiscal 2023 spodumene concentrate production from Mt Cattlin in the range of 114,000 tonnes to 124,000 tonnes. Reuters | February 20, 2023 | 4:23 pm
Magnis in deal with Tesla to supply graphite for electric vehicle batteries Agreement is for a minimum three-year term to supply up to 35,000 terapascal anode active materials beginning February 2025. Reuters | February 20, 2023 | 2:36 pm
Trafigura names new battery metals heads in wake of nickel fraud The commodities giant was the victim of a “systematic fraud” that could cost it more than half a billion dollars. Bloomberg News | February 20, 2023 | 1:37 pm
Ecobat to build new battery recycling facility in Arizona The new facility, located in Casa Grande, will initially produce 10,000 estimated tonnes of recycled material per year. Staff Writer | February 20, 2023 | 9:38 am
Finland tightens mining law as demand for minerals surges Finland is emerging as a key mining and processing hub for battery metals with more than €6 billion in investments already planned. Bloomberg News | February 20, 2023 | 7:49 am
Deep-sea mining would impact ecosystems beyond those in targeted areas – report Researchers found that the destruction of key hydrothermal vents by deep-sea mining could have knock-on impacts on vent fields hundreds of kilometres away. Staff Writer | February 20, 2023 | 5:05 am