Canada Nickel acquires former Texmont nickel mine The historic mine is situated between the company’s Deloro and Sothman properties south of Timmins, Ontario. Staff Writer | December 19, 2022 | 11:17 am
Ioneer’s lithium-boron project in Nevada moves into final permitting stage The company has been unable to get federal permits because public lands near the project are home to an endangered wildflower. Cecilia Jamasmie | December 19, 2022 | 10:26 am
Toronto hedge fund surges 39% on lithium bets The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium. Bloomberg News | December 19, 2022 | 10:09 am
Samarco expects iron ore pellet production to rise up to 11% in 2023 Samarco Mineracao expects to end 2022 with production of 8.1 million tonnes of iron ore pellets, up 5.2% on 2021. Reuters | December 19, 2022 | 9:55 am
Perpetua awarded up to $24.8m under US Defense Production Act; stock jumps The DPA funding allows the company to advance the construction readiness of the Stibnite project while the company continues through the ongoing permitting process. Staff Writer | December 19, 2022 | 9:16 am
Iron ore price retreats on surging China covid cases China is in the first of an expected three waves of covid cases this winter. MINING.COM Staff Writer | December 19, 2022 | 8:50 am
Tesla may announce $800m to $1bn investment in Mexico plant in coming days Tesla could announce the construction of a "Gigafactory" in the northern Mexican state of Nuevo Leon as soon as Friday. Reuters | December 19, 2022 | 8:33 am
China Nov aluminum imports fall amid rising domestic supply China's aluminum imports in November fell 35.7% from a year earlier as a result of mounting domestic supply. Reuters | December 19, 2022 | 8:24 am
Nickel tycoon plans new plant to avoid future LME short squeezes Tsingshan is building a plant in Sulawesi, Indonesia, to produce 50,000 tonnes of refined nickel a year. Bloomberg News | December 19, 2022 | 8:10 am