Biden administration considering price support to backstop critical minerals projects The new policy would involve setting a price floor for certain projects, according to POLITICO. Staff Writer | August 30, 2024 | 9:41 am
Brazil BNDES to fund Sigma’s second lithium concentrate plant Investment will be used to increase lithium production in Grota do Cirilo by 250,000 tonnes per year. Staff Writer | August 30, 2024 | 8:19 am
GM delays additional $330m investment in Thacker Pass, Lithium Americas says General Motors has delayed the second tranche of investment in the miner until the end of the year. Reuters | August 30, 2024 | 7:04 am
Mineral Resources tightens belt after lithium, iron ore prices fall Shares in heavily indebted Australian miner slump, but CEO Chris Ellison isn’t panicking. Kristie Batten | August 29, 2024 | 1:00 pm
Zambia plans state firm to own 30% of critical minerals mines The government also intends to make investors in the critical minerals sector allocate at least 35% of procurement costs to local suppliers. Bloomberg News | August 29, 2024 | 10:40 am
Northern Graphite boosts production, plans new pit at Lac des Iles Northern Graphite is the only graphite producer in North America. Staff Writer | August 29, 2024 | 10:35 am
Lithium bust spurs Ganfeng to delay project capex as losses hit The Chinese company said it will strictly control spending on future projects. Bloomberg News | August 29, 2024 | 10:06 am
Rio Tinto, Eramet, BYD eligible for Chile’s Altoandinos lithium project Enami aims to formalize a public-private partnership by March 2025. Staff Writer | August 29, 2024 | 9:31 am
US mineral projects close down government loans in fear of Trump Under President Biden's Loan Programs Office, the US Department of Energy has granted nearly $25 billion to 21 companies. Reuters | August 29, 2024 | 8:10 am