CATL seals $1.4 billion deal to develop Bolivia lithium Lithium resources in Bolivia's iconic salt flats are estimated at 21 million metric tons, according to the USGS. Reuters | June 19, 2023 | 8:58 am
Deep-South stock soars as it gets Namibia copper licence reinstated The Haib copper deposit has an after-tax NPV (at a 7.5% discount rate) of $957 million and IRR of 29.7%. Staff Writer | June 19, 2023 | 8:54 am
Fortescue expands battery and electric powertrain output in UK with new plant The Banbury facility will open in 2024. Reuters | June 19, 2023 | 7:39 am
Amman Mineral raises $715 million in Jakarta’s top 2023 IPO, sources say The IPO is the largest in Asia this year outside mainland China. Bloomberg News | June 19, 2023 | 7:29 am
Namibia seeks to tap resource potential after lithium ore ban The southern African nation last week banned exports of unprocessed lithium and other critical minerals. Bloomberg News | June 19, 2023 | 7:27 am
Lake Resources delays lithium carbonate output to 2027, hikes costs The developer hiked spending estimates from $1.1 billion to $1.5 billion. Reuters | June 19, 2023 | 7:17 am
Costs at American Lithium’s Peru project up to $700m, CEO says Construction could begin by late 2024 or late 2025. Reuters | June 19, 2023 | 7:06 am
California city to power garbage trucks with organic waste Roseville will start powering its garbage trucks with renewable natural gas derived from organic waste. Staff Writer | June 19, 2023 | 6:06 am
Albemarle to buy Lithium Power’s Australian unit Lithium Power has scrapped the planned demerger of its Australian assets in favour of the $21 million sale to the US giant. Cecilia Jamasmie | June 19, 2023 | 5:34 am