India’s Jammu and Kashmir lithium block gets no bids in second attempt The government in February 2023 found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million metric tons. Reuters | July 3, 2024 | 10:04 am
Eramet targets November production start at Argentina lithium plant Eramet aims to start production at its new Centenario lithium plant in Argentina before the end of the year. Reuters | July 3, 2024 | 8:52 am
Rio Tinto ups stake in Sovereign Metals with $12.4m investment The fresh investment takes Rio's interest in Sovereign, the owner of Malawi's Kasiya rutile-graphite project, to 19.76%. Cecilia Jamasmie | July 3, 2024 | 3:50 am
Australia’s Chalice Mining inks deal with Mitsubishi to develop PGE project The companies will develop the Gonneville PGE-nickel-copper-cobalt project in Western Australia. Reuters | July 2, 2024 | 3:59 pm
BASF pulls plug on Chile investment plans amid EV slowdown The German chemicals giant withdrew from initial talks with Vancouver's Wealth Minerals on Tuesday. Bloomberg News | July 2, 2024 | 10:54 am
India in talks with Africa, Latin America countries for critical mineral blocks India is also in discussions with Australia for critical minerals. Reuters | July 2, 2024 | 7:08 am
Rio Tinto in talks to prevent another strike at Oyu Tolgoi Rio Tinto has said changes to Mongolia’s Labour Law in 2022 had prompted it to recalculate employee salaries. Staff Writer | July 2, 2024 | 6:33 am
Congo’s Gecamines opposes deal for Trafigura-backed miner Its board on Friday unanimously rejected the transaction. Bloomberg News | July 1, 2024 | 10:32 am
Hedge funds are hoarding cobalt amid battery metal slump Cobalt futures trading has taken off on CME Group’s Comex exchange, creating a way for traders to hedge their physical positions in the newly liquid futures market. Bloomberg News | July 1, 2024 | 10:03 am
