Critical minerals targeted as Australia boosts resource hunt Australia will spend A$566 million ($373 million) over the coming decade to map out resource deposits. Bloomberg News | May 8, 2024 | 7:41 am
China issues draft rules to regulate booming lithium battery expansion The rules would guide lithium battery firms to reduce manufacturing projects that 'purely' expand production capacity. Reuters | May 8, 2024 | 7:37 am
Equinor buys 45% stake in two US lithium projects Equinor will initially compensate Standard Lithium $30 million and cover project expenses up to $33 million. Reuters | May 8, 2024 | 7:32 am
Sigma Lithium hikes resources, life of flagship mine in Brazil Sigma Lithium has added 22.2 million tonnes of proven and probable reserves and mine-life to its Grota do Cirilo hard rock lithium asset. Cecilia Jamasmie | May 8, 2024 | 5:23 am
Eurobattery Minerals to acquire majority stake in Spanish tungsten miner Miner signed a non-binding letter of intent to invest €2.5 million in Spanish company Tungsten San Juan and obtain 51% ownership on a fully diluted basis. Staff Writer | May 8, 2024 | 5:16 am
Pilbara Minerals open to ‘great’ acquisition opportunities For now, Pilbara Minerals is undertaking expansion projects such as building out a demonstration plant at its Pilgangoora project. Reuters | May 7, 2024 | 7:47 pm
Leo Lithium sells Mali project stake to Ganfeng for $342 million A new mining code in Mali means the government's potential stake in the Goulamina project will likely rise to 30% from 20% previously. Reuters | May 7, 2024 | 5:06 pm
US Strategic Metals, Missouri University partner on precursor cathode material research Currently, most of the pCAM in the world is produced outside the United States. Staff Writer | May 7, 2024 | 5:02 pm
Firebird Metals confirms low-cost Chinese manganese operation with feasibility study According to the feasibility study, the projected capex of the Stage 1 operation is estimated at $83.5 million. Staff Writer | May 7, 2024 | 11:04 am
