Ganfeng Lithium plans to build $1.1 billion trading desk Derivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said. Bloomberg News | July 16, 2024 | 7:04 am
IGO to record impairment against nickel assets in strategy shift IGO has been undertaking a strategic review in an attempt to revaluate its resources. Reuters | July 15, 2024 | 4:24 pm
Ontario First Nation seeks mining claims ban, for now at least There are some 10,000 mining claims in Grassy Narrows’s interim area of interest for over more than 2,850 sq. km in the province’s far northwest. Colin McClelland - The Northern Miner | July 15, 2024 | 12:06 pm
Portugal’s mining strategy may favour copper over lithium Portugal already has the largest copper mine in the European Union, operated by Lundin Mining. Reuters | July 15, 2024 | 8:41 am
US approaches Indonesia for multinational critical mineral partnership Jakarta has asked Washington for a critical mineral trade deal similar to the US deal with Japan. Reuters | July 15, 2024 | 7:03 am
Europe needs way to price critical minerals independently of China, group says Oversupply and weak prices of materials such as lithium, cobalt and rare earths are dampening cash flows of Western start-ups. Reuters | July 15, 2024 | 6:55 am
Seabed mining regulator meets amid mounting pressure for code Meeting is considered pivotal for the UN body, expected to finalize its decade-long effort to enact regulations by 2025. Cecilia Jamasmie | July 15, 2024 | 4:05 am
Liontown signs new deal to supply spodumene to China The short-term deal is to ship 100,000 dry metric tonnes of spodumene concentrate to Beijing Sinomine over 10 months. Reuters | July 14, 2024 | 3:37 pm
Indonesian onslaught wipes out Australia’s nickel industry BHP’s Nickel West suspension could mark the death knell for Australia’s nickel sector and has widespread ramifications. Kristie Batten | July 14, 2024 | 8:59 am
