Syrah Resources inks offtake deal with Posco Future M Syrah will supply 2 kilotonnes of natural graphite per month in the year following commissioning. Reuters | February 29, 2024 | 2:27 pm
Nickel price at two-month high as investors bet on price floor Meanwhile, the Indonesian government said that EV producers shouldn't anticipate any significant recovery in prices. Staff Writer | February 29, 2024 | 9:21 am
Indonesia says its nickel supply will keep global prices low Nickel prices plunged by around 45% last year, and dipped briefly below $16,000 a ton earlier this month. Bloomberg News | February 29, 2024 | 7:10 am
Chinese outbound investment in EVs likely set new record in 2023 Chinese firms put $28.2 billion into EV-related industries last year. Reuters | February 29, 2024 | 6:47 am
India launches second part of critical minerals auction worth $362 billion A total of 18 critical mineral blocks, including tungsten, vanadium, cobalt and nickel, will be auctioned in eight states across the country. Reuters | February 29, 2024 | 6:44 am
Nickel-based electrode material opens doors to cobalt-free batteries A new nickel-based electrode material opens new avenues to cobalt-free batteries for electric vehicles. Staff Writer | February 29, 2024 | 6:06 am
SQM profit down 82% as lithium prices slide The company said it expected lithium sales volumes to increase 5%-10% this year. Reuters | February 28, 2024 | 4:52 pm
BHP launches major worldwide restructuring, AFR reports The changes led by CEO Mike Henry will see several specialist teams disbanded and their functions reassigned in a bid to cut costs and simplify operations. Bloomberg News | February 28, 2024 | 2:55 pm
Lithium investors are looking beyond price plunge, Chile minister says Chile’s government expects to lay out by March the broad terms of lithium contracts to be offered under a new public-private partnership model. Bloomberg News | February 28, 2024 | 11:49 am
