Vale Indonesia granted mining permit extension to 2035 Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership. Staff Writer | May 15, 2024 | 5:21 am
BYD postpones plans for 2025 Chile lithium cathode plant Production at the new plant was expected to begin around the end of 2025, representing a $290 million investment. Reuters | May 14, 2024 | 6:01 pm
US blames China’s CMOC for predatory tactics behind cobalt glut CMOC said in March that its Tenke and Kisanfu projects in Congo will produce more than 60,000 tons of cobalt this year. Bloomberg News | May 14, 2024 | 1:26 pm
Korea Zinc sees US opportunities as it targets big copper growth The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023. Bloomberg News | May 14, 2024 | 9:08 am
Biden adds tariffs on Chinese critical minerals, EVs The tariff rate on natural graphite and permanent magnets will increase from zero to 25% in 2026. Staff Writer | May 14, 2024 | 8:55 am
Lithium miner debuts as Ghana’s first listing in two years Australian-based Atlantic Lithium has taken a step toward raising capital from equity investors in the country. Bloomberg News | May 14, 2024 | 7:46 am
Indonesia adds nickel parks worth nearly $40 billion to strategic plan The parks will produce mixed hydroxide precipitate and nickel and cobalt sulphate, used in the making of EV batteries. Reuters | May 14, 2024 | 7:41 am
Canada Nickel records nickel recoveries of 59% at Mann Northwest The Mann Northwest property is located east of Canada Nickel’s wholly owned Crawford nickel project, now under construction. Staff Writer | May 13, 2024 | 11:28 am
France backs nickel refinery project to bolster battery supply chain The project, called Electro Mobility Materials Europe (EMME), aims to cover 20-30% of France's nickel and cobalt needs for electric vehicles by 2030. Reuters | May 13, 2024 | 8:51 am