Nornickel to pay $18m to drop its stake in nickel JV in South Africa Nickel prices in London are heading for a 46% fall this year, the largest slump since the financial crisis in 2008. Reuters | November 24, 2023 | 10:59 am
Chile to invest $7 million in lithium and salt flats research Funding for up to ten research projects, including topics such as new brine extraction methods, will be awarded in mid-2024. Cecilia Jamasmie | November 24, 2023 | 9:23 am
Sigma Lithium’s former co-CEO fired for trading in blackout period Public data shows that Calvyn Gardner sold shares for about $13.3 million in January, ahead of Sigma's planned annual report. Reuters | November 24, 2023 | 7:44 am
Global EV mandates would require 388 new mines: Fraser Institute Demand for battery metals for EVs far exceeds global mining capacity. Nelson Bennett - Business in Vancouver | November 23, 2023 | 2:11 pm
Glencore to build pilot battery recycling plant outside of Italy Glencore said in May it was going to develop a recycling hub with Canada's Li-Cycle in Portovesme. Reuters | November 23, 2023 | 10:09 am
Lake Resources expands Kachi lithium resource ahead of definitive study The Kachi project ranks among the world’s top 10 brine resources. Staff Writer | November 23, 2023 | 9:29 am
Nickel price at lowest since 2021 on oversupply concerns The global nickel market had a surplus of 23,900 metric tons in September. Staff Writer | November 23, 2023 | 9:24 am
EU and US delay key trade meeting amid deadlock in negotiations The delay comes as negotiations to agree on global steel accords and a critical minerals deal have both stalled. Bloomberg News | November 23, 2023 | 9:07 am
Vale expands production capacity at Salobo copper mine The $1.1 billion expansion plan is set to increase the mine's throughput capacity to 36 million tonnes per year by the final quarter of 2024. Cecilia Jamasmie | November 23, 2023 | 8:53 am