AMG cuts 2024 profit target as low lithium prices weigh The lithium supplier said it would reduce its headcount by around 200. Reuters | February 21, 2024 | 9:36 am
China lithium futures ride environmental rollercoaster The most-active July contract on the Guangzhou Futures Exchange surged by 10%. Reuters | February 21, 2024 | 9:20 am
SQM makes $9.4m follow-on investment in UK battery recycling firm Since SQM's initial investment of $2.57 million last year, Altilium has hit a number of key development milestones. Staff Writer | February 21, 2024 | 8:51 am
Aluminum price surges as White House plans fresh sanctions on Russia President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday. Bloomberg News | February 21, 2024 | 8:22 am
Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million The sale would not affect Piedmont's joint venture or offtake agreement with Sayona's business unit, Sayona Quebec. Reuters | February 21, 2024 | 7:22 am
Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems. Cecilia Jamasmie | February 21, 2024 | 5:52 am
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia. Cecilia Jamasmie | February 21, 2024 | 3:47 am
Sayona delivers Moblan lithium feasibility with $1.6 billion NPV Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine. Staff Writer | February 20, 2024 | 11:21 am
CHART: China’s Belt and Road mining investment hits record China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus. Frik Els | February 20, 2024 | 9:57 am