Britain agrees deals on clean energy, critical minerals with Zambia The foreign ministry would agree on a UK-Zambia Green Growth Compact, aimed at generating £2.5 billion pounds of British private sector investment. Reuters | August 2, 2023 | 4:25 pm
Graphex Technologies inks graphite supply deal with Syrah Resources Agreement will provide Graphex with a diverse supply of raw materials in line with its plans to bring domestic processing facilities online to supply automakers and battery gigafactories. Staff Writer | August 2, 2023 | 2:25 pm
Albemarle boosts profit forecast on surging lithium demand, shares jump The company posted net income for the second quarter ended June 30 of $650 million, or $5.52 per share. Reuters | August 2, 2023 | 1:47 pm
Sayona ships NAL lithium concentrate, begins revenue stream The shipment totaled 25,000 tonnes of spodumene concentrate to be sold into the global spot market via a major trading company. Staff Writer | August 2, 2023 | 1:25 pm
Oil driller Pioneer is trying to mine lithium from dirty fracking water The company is testing whether it’s feasible to extract minerals from the large amounts of dirty water generated by drilling in the Permian Basin. Bloomberg News | August 2, 2023 | 12:11 pm
Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year. Reuters | August 2, 2023 | 7:25 am
World battles to loosen China’s grip on vital rare earths for clean energy transition Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. Reuters | August 2, 2023 | 7:18 am
India passes law allowing auction and mining of lithium reserves Minerals that will now be open for mining and auction also include titanium, beryl, niobium and zirconium. Reuters | August 2, 2023 | 7:08 am
Pilbara Minerals gets board nod for pilot lithium plant The company and Calix received board approvals to build a demonstration plant to process lithium at the Pilgangoora project in Western Australia. Reuters | August 1, 2023 | 4:44 pm