With no recovery in sight, lithium prices force miners to reevaluate output The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022. Bloomberg News | July 21, 2024 | 4:17 pm
South32 tumbles after $818 million alumina, nickel writedown Copper production for the three months to June 30 also fell 14% from the year before. Bloomberg News | July 21, 2024 | 4:11 pm
Saudi Arabia to visit Brazil and Chile as seeks to diversify mining The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium. Reuters | July 21, 2024 | 9:41 am
Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule. Northern Miner Staff | July 19, 2024 | 12:30 pm
Serbia locks lithium deals with the EU amid Jadar’s revival The country, home to Rio Tinto's Jadar project, inked a series of deals granting EU members exclusive access to Serbian lithium. Cecilia Jamasmie | July 19, 2024 | 6:23 am
German Chancellor defends planned lithium deal with Serbia Mercedes-Benz and Stellantis are currently in discussions with Serbia’s government to invest in the country. Bloomberg News | July 18, 2024 | 11:56 am
Nornickel weighs projects in new top market China Nornickel executives held talks with potential Chinese partners this month and signed about 10 memorandums of understanding, Bloomberg sources say. Bloomberg News | July 18, 2024 | 11:52 am
US has second-longest mine development timeline in the world, S&P Global says Mines in the US go from discovery to production on an average of 29 years. MINING.COM Staff Writer | July 18, 2024 | 10:07 am
Australia’s Quantum Graphite receives $300m loan offer from US EXIM Bank The financing will cover mining and production at Uley mine in Australia. Reuters | July 18, 2024 | 9:13 am