SQM makes $9.4m follow-on investment in UK battery recycling firm Since SQM's initial investment of $2.57 million last year, Altilium has hit a number of key development milestones. Staff Writer | February 21, 2024 | 8:51 am
Aluminum price surges as White House plans fresh sanctions on Russia President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday. Bloomberg News | February 21, 2024 | 8:22 am
Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million The sale would not affect Piedmont's joint venture or offtake agreement with Sayona's business unit, Sayona Quebec. Reuters | February 21, 2024 | 7:22 am
Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems. Cecilia Jamasmie | February 21, 2024 | 5:52 am
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia. Cecilia Jamasmie | February 21, 2024 | 3:47 am
Sayona delivers Moblan lithium feasibility with $1.6 billion NPV Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine. Staff Writer | February 20, 2024 | 11:21 am
CHART: China’s Belt and Road mining investment hits record China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus. Frik Els | February 20, 2024 | 9:57 am
Gecamines plans overhaul of mining JVs in world’s top cobalt supplier The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures Reuters | February 20, 2024 | 8:11 am
KoBold Metals expands Zambia footprint with Midnight Sun deal KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner. Cecilia Jamasmie | February 20, 2024 | 5:43 am
