Red-hot lithium price rally cools as China’s BYD flags surplus The battery material in China has continued to retreat from the all-time high hit last month as signs of demand weakness weigh on the market. Bloomberg News | December 7, 2022 | 7:35 am
Vale to break out base metals business, sell stake in 2023 Vale will separate the base metal assets from its iron ore operations and unveil a strategic partner in the first half of 2023. Bloomberg News | December 7, 2022 | 7:00 am
Tianqi exploring battery minerals processing options in Australia Australia is seeking overseas investment into its critical materials industry as it seeks to become a green energy superpower. Reuters | December 6, 2022 | 6:06 pm
BYD eyes Chilean lithium deals in search for EV fuel BYD intends to provide technology for Chilean mines to directly extract lithium, and will secure supplies through offtake agreements with producers. Bloomberg News | December 6, 2022 | 1:22 pm
Ring of Fire Metals and Webequie First Nation sign MOU on Ontario nickel project development The Eagle’s Nest project has been billed as the largest high-grade nickel discovery in Canada since Voisey’s Bay in Labrador. Staff Writer | December 6, 2022 | 11:15 am
European Commission weighs sanctions on Russia’s mining industry – FT The ban would be part of a ninth EU sanctions package that officials are planning to discuss with member states in the coming days. Reuters | December 6, 2022 | 8:18 am
Battery prices climb for first time just as more EVs hit market Prices for the batteries rose in 2022 for the first time since BloombergNEF started tracking them. Bloomberg News | December 6, 2022 | 7:47 am
Lithium price to retreat from record as electric car sales slow Rising supplies and China removing subsidies for electric vehicles mean a retreat is on the cards. Reuters | December 6, 2022 | 7:39 am
Researchers call for an integrated mineral supply agreement between nations The goal of a mineral supply agreement is that countries that have limited access to the raw materials needed to transition to a green economy are not left behind. Staff Writer | December 6, 2022 | 7:03 am