Vale Base Metals appoints mining veteran Shaun Usmar as CEO Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals. Cecilia Jamasmie | July 23, 2024 | 3:49 am
US says billionaire Gertler’s royalties must go to Congo for sanctions deal A senior White House adviser said lifting that punishment is necessary to open up the assets to new investments that support US interests. Bloomberg News | July 22, 2024 | 12:14 pm
Western miners push for higher metals prices to ward off Chinese rivals Industry leaders have pushed for two pricing structures for several years. Reuters | July 22, 2024 | 8:10 am
CleanTech produces battery-grade lithium in first phase of DLE pilot It achieved a lithium recovery rate of about 95% from the brine, with a total recovery of 88%. Cecilia Jamasmie | July 22, 2024 | 5:23 am
With no recovery in sight, lithium prices force miners to reevaluate output The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022. Bloomberg News | July 21, 2024 | 4:17 pm
Saudi Arabia to visit Brazil and Chile as seeks to diversify mining The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium. Reuters | July 21, 2024 | 9:41 am
Vedanta pays $246 million to regain Zambia copper mines The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons. Bloomberg News | July 19, 2024 | 10:02 am
Serbia locks lithium deals with the EU amid Jadar’s revival The country, home to Rio Tinto's Jadar project, inked a series of deals granting EU members exclusive access to Serbian lithium. Cecilia Jamasmie | July 19, 2024 | 6:23 am
German Chancellor defends planned lithium deal with Serbia Mercedes-Benz and Stellantis are currently in discussions with Serbia’s government to invest in the country. Bloomberg News | July 18, 2024 | 11:56 am
