Germany Chancellor plans lithium deal with Serbia after Rio ruling Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry. Bloomberg News | July 16, 2024 | 3:32 pm
Argentina tripled lithium carbonate production capacity in last two years Argentina, the world's No. 4 lithium producer, has four projects in production. Reuters | July 16, 2024 | 12:19 pm
Development banks seek to revive world’s biggest power project The planned Grand Inga hydropower complex in the DRC has been stalled for decades. Bloomberg News | July 16, 2024 | 7:22 am
Ganfeng Lithium plans to build $1.1 billion trading desk Derivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said. Bloomberg News | July 16, 2024 | 7:04 am
IGO to record impairment against nickel assets in strategy shift IGO has been undertaking a strategic review in an attempt to revaluate its resources. Reuters | July 15, 2024 | 4:24 pm
Portugal’s mining strategy may favour copper over lithium Portugal already has the largest copper mine in the European Union, operated by Lundin Mining. Reuters | July 15, 2024 | 8:41 am
US approaches Indonesia for multinational critical mineral partnership Jakarta has asked Washington for a critical mineral trade deal similar to the US deal with Japan. Reuters | July 15, 2024 | 7:03 am
Europe needs way to price critical minerals independently of China, group says Oversupply and weak prices of materials such as lithium, cobalt and rare earths are dampening cash flows of Western start-ups. Reuters | July 15, 2024 | 6:55 am
Seabed mining regulator meets amid mounting pressure for code Meeting is considered pivotal for the UN body, expected to finalize its decade-long effort to enact regulations by 2025. Cecilia Jamasmie | July 15, 2024 | 4:05 am