Global Lithium raises alarm over potential foreign takeover The Australian company fears that Chinese national and minority shareholder Leon Zhu is attempting to gain control of the firm. Cecilia Jamasmie | November 8, 2024 | 3:56 am
Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant The fundraising comes as benchmark nickel prices trade near a four-year low amid weaker demand from the stainless steel market. Bloomberg News | November 7, 2024 | 5:05 pm
MP Materials posts smaller-than-expected loss on higher output, sales The company sold 9,729 metric tons of that concentrate during the quarter, 6% higher than the year-ago period. Reuters | November 7, 2024 | 2:03 pm
Ahead of Rio Tinto buyout, Arcadium’s profit dips on sliding lithium prices The company posted third-quarter net income of $16.1 million, compared to $87.4 million in the year-ago quarter. Reuters | November 7, 2024 | 1:47 pm
Canada’s auditor general snaps at climate, Indigenous gaps in critical minerals strategy Government program issued in 2022 budgets C$3.8 billion on critical minerals support over eight years. Colin McLelland - The Northern Miner | November 7, 2024 | 1:33 pm
Viridion JV signs MOU to secure rare earth magnet supply chain in Brazil SENAI’s LabFab facility is targeting a ramp up in NdFeB production to 100 tonnes per annum by the end of 2026. Staff Writer | November 6, 2024 | 2:51 pm
Albemarle loses more than $1 billion on falling lithium prices The results underscore the supply glut engulfing the entire lithium industry amid oversupply from China. Reuters | November 6, 2024 | 2:01 pm
Gold price falls after sweeping Trump win boosts dollar Trump's win could translate into a global trade conflict that will trouble commodities markets as it drags in Europe and key Asian economies. Colin McClelland - The Northern Miner | November 6, 2024 | 6:36 am
World’s biggest cobalt miner is gloomy on the EV metal’s future The adoption of cobalt-free LFP batteries has gained momentum in recent years. Bloomberg News | November 6, 2024 | 6:20 am
