Brazil’s Gerdau to invest $667 million in sustainable mining platform Gerdau said it will use the iron ore obtained from the new platform on four steel production units. Reuters | June 15, 2023 | 2:24 pm
Avalon stock surges on C$63 million investment, joint venture with Sibelco Avalon plans to use the proceeds to first acquire industrial land for a lithium-hydroxide processing facility in Thunder Bay, Ontario. Staff Writer | June 15, 2023 | 2:02 pm
Major German coal miner to invest $1.6 billion in green energy LEAG will develop 7 gigawatts of wind and solar by 2030 at the Boxberg opencast mine, with the first gigawatt of generating capacity commissioned in four years time. Bloomberg News | June 15, 2023 | 1:35 pm
Lake Resources releases updated resource estimate for Kachi lithium project in Argentina Measured and Indicated resources have increased from 2.19 to 2.93 million tonnes of lithium carbonate equivalent. Staff Writer | June 15, 2023 | 1:06 pm
Mining the Arctic’s critical minerals is vital for Canada’s sovereignty, Northern prosperity Advancing the development of a mining industry in the North is in Canada’s national interest, writes Sean Boyd. Sean Boyd for The Globe and Mail | June 15, 2023 | 11:27 am
Battery storage installations to increase ten-fold by 2030 — report New battery storage capacity to surpass 400 GWh per year by 2030. MINING.COM Staff Writer | June 15, 2023 | 10:57 am
NexGen, Metis Nations sign IBA for Rook 1 uranium project in Saskatchewan The IBA defines the environmental, cultural, economic, employment, and other benefits to be provided and to confirm consent and support. Staff Writer | June 15, 2023 | 10:25 am
Mining People: Aben, Avalon, GR Silver, MAC, Patriot Battery, Silver Mountain Key moves in the mining sector. Staff Writer | June 15, 2023 | 9:27 am
First Quantum rebuffs informal approach from Barrick Gold Barrick made overtures to First Quantum in the last few months as part of its search for ways to expand in copper. Bloomberg News | June 15, 2023 | 9:26 am