Qatar invests $180m in US-backed fund to reduce China’s dominance in critical minerals Qatar’s sovereign wealth fund has so far invested more than $450 million into projects across North and South America, Europe and Africa. Staff Writer | August 7, 2024 | 8:29 am
Australia’s lithium industry seen bearing brunt of supply cuts Goldman Sachs sees lithium prices falling further in 2025. Reuters | August 7, 2024 | 7:10 am
Glencore ceases to stockpile cobalt Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016. Reuters | August 7, 2024 | 7:01 am
Glencore scraps plans to ditch coal on investor pressure Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns. Cecilia Jamasmie | August 7, 2024 | 4:03 am
Arcadium Lithium pauses expansion plans on prices, supply glut The company posted second-quarter net income of $85.7 million. Bloomberg News | August 6, 2024 | 1:29 pm
EnergyX makes $150 million bid for Galan Lithium’s Argentina assets The bid comes as prices for lithium have tumbled in the past year. Reuters | August 5, 2024 | 1:11 pm
Glencore to pay $152 million fine in bribery case Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011. Staff Writer | August 5, 2024 | 8:51 am
Australian spodumene producers staying the course amid low prices Australia’s small group of hard rock lithium producers are still expanding output amid continued price optimism Kristie Batten | August 4, 2024 | 3:00 pm
Arcadium acquires Li-Metal’s technology, pilot plant in $11 million deal Arcadium will also provide lithium to Li-Metal as part of a long-term offtake agreement. Staff Writer | August 3, 2024 | 9:13 pm
