Glencore now sees FY trading division profit between $3bn-$3.5bn However, the company left its full-year production forecast unchanged. Reuters | April 30, 2024 | 4:48 am
Codelco plans lithium exploration in Pedernales salt flat in late 2024 Lithium in Chile is currently mined only in the Atacama salt flat. Reuters | April 29, 2024 | 8:57 am
Century Lithium stock drops after Clayton Valley feasibility release The company said it will now direct its focus on engineering and permitting, and at the same time, advance funding discussions. Staff Writer | April 29, 2024 | 7:04 am
First Quantum to shut down Ravensthorpe nickel mine The Canadian miner cited higher operation costs and lower nickel price forecast amid reasons for the closure of the Western Australia mine. Cecilia Jamasmie | April 29, 2024 | 6:41 am
China’s CMOC reports jump in copper and cobalt output Its Tenke Fungurume site added new mining capacity in March, lifting annual capacity to 450,000 tons of copper and 37,000 tons of cobalt. Reuters | April 29, 2024 | 5:23 am
Ardea Resources teams up with Sumitomo, Mitsubishi for nickel project A consortium of Sumitomo and Mitsubishi will fund A$98.5 million for the costs of a DFS on the Kalgoorlie project. Reuters | April 29, 2024 | 4:12 am
Saudi Arabia set on securing lithium for EV ambitions Saudi Arabia is committed to sourcing lithium from overseas as it looks to produce EV batteries and invest in the electric vehicle sector. Reuters | April 28, 2024 | 10:08 am
Archer Exploration changes name to NorthX Nickel It will complete a non-brokered private placement for C$2.27 million and a consolidation of its common shares, effective May 1. Staff Writer | April 26, 2024 | 2:23 pm
SQM invests $2 million in Chilean startup Movener Movener, which aims to transform traditional trucks into hybrid-electric vehicles, is the first Chilean company in SQM’s venture portfolio. Staff Writer | April 26, 2024 | 9:01 am
