IGO looking to divest some Forrestania nickel assets Australian nickel and lithium producer is negotiating a potential deal with Medallion Metals worth $32 million. Reuters | August 7, 2024 | 4:09 pm
Greenbushes becomes first Australian mine committed to IRMA audit Located 250 km south of Perth, Greenbushes has been a leader in the Australian lithium sector for over 40 years. Staff Writer | August 7, 2024 | 1:38 pm
NextSource completes equipment upgrade for Molo graphite mine The Madagascar mine is now meeting or exceeding recovery and grade expectations, consistently producing concentrate at a carbon content of between 95%-97%, the company said. Staff Writer | August 7, 2024 | 10:11 am
Qatar invests $180m in US-backed fund to reduce China’s dominance in critical minerals Qatar’s sovereign wealth fund has so far invested more than $450 million into projects across North and South America, Europe and Africa. Staff Writer | August 7, 2024 | 8:29 am
Australia’s lithium industry seen bearing brunt of supply cuts Goldman Sachs sees lithium prices falling further in 2025. Reuters | August 7, 2024 | 7:10 am
Glencore ceases to stockpile cobalt Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016. Reuters | August 7, 2024 | 7:01 am
Arcadium Lithium pauses expansion plans on prices, supply glut The company posted second-quarter net income of $85.7 million. Bloomberg News | August 6, 2024 | 1:29 pm
Eramet seeks more nickel mines in Indonesia The company wants to mine the battery metal on the island of Sulawesi, according to local newspaper. Bloomberg News | August 6, 2024 | 7:10 am
EnergyX makes $150 million bid for Galan Lithium’s Argentina assets The bid comes as prices for lithium have tumbled in the past year. Reuters | August 5, 2024 | 1:11 pm