The near-500% rally in lithium price is showing cracks in China Lithium prices seem to be losing momentum in China, as the nation’s worsening coronavirus outbreak has upended the electric-vehicle supply chain. Bloomberg News | April 12, 2022 | 6:54 am
Glencore to supply cobalt to GM in multi-year deal General Motors will use cobalt from Glencore's Murrin Murrin operation in Australia in the batteries that power its EVs. Cecilia Jamasmie | April 12, 2022 | 3:51 am
Nickel drama spurs Chicago exchange bid to grab trading From LME It’s not the first time CME has tried to gain a foothold in the LME’s territory. Bloomberg News | April 11, 2022 | 1:23 pm
Ford inks Argentina lithium supply deal with Lake Resources The deal is a major bet by Ford on direct lithium extraction (DLE), a relatively new breed of technologies that filter the metal from brines. Reuters | April 11, 2022 | 12:15 pm
Western Australia is world’s new top mining destination The resource-rich state replaced Nevada as most attractive region for mining investment in 2021, says the Fraser Institute. Cecilia Jamasmie | April 11, 2022 | 10:52 am
Western Areas agrees to revised $939m offer from IGO The news comes a week after IGO said its previous offer might fall through. Reuters | April 11, 2022 | 10:07 am
Opinion: US uses Cold War powers to secure battery metals supply The real significance of invoking the DPA is that it elevates battery metals to the top of the US critical materials supply list, writes Andy Home. Reuters | April 11, 2022 | 9:46 am
Sigma Lithium updates Phase 1 FS, showing $1.6bn after-tax NPV for Brazil project The updated economics demonstrate that Phase 1 is financially robust, even as a standalone project. Staff Writer | April 11, 2022 | 9:02 am
CATL isolates workers to avoid covid shutdown Automakers including Tesla and Volkswagen have been forced to suspend production at their factories in Shanghai. Bloomberg News | April 11, 2022 | 7:02 am