Lithium world asks if surprise mine shutdown can arrest slump Lithium spot prices have tumbled almost 90% since late 2022. Bloomberg News | September 12, 2024 | 8:01 am
Russia’s Uranium One to build Bolivia’s first DLE plant The $976 million direct lithium extraction plant will kick off operations in the second half of 2025. Cecilia Jamasmie | September 12, 2024 | 7:53 am
Vedanta plans to expand nickel sulphate production to tap overseas demand Unlike Japan and South Korea, India's electric vehicle market is still in its nascent stage. Reuters | September 12, 2024 | 7:04 am
Boliden flags delay, cost increase at Norway zinc smelter The miner said the expansion of its Odda zinc smelter will take longer than expected due to a delay in construction work. Reuters | September 12, 2024 | 6:49 am
Iron ore price soars to over one-week high on upbeat seasonal demand outlook Steel demand is expected to return to growth in 2025, ANZ said. Reuters | September 12, 2024 | 6:45 am
Sibanye to slash output to turn around US palladium mines The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast. Bloomberg News | September 12, 2024 | 6:41 am
Vale sees 10% of its iron ore production coming from tailings by 2030 Last year alone, Vale generated 48.5 million tons of iron ore tailings. Reuters | September 12, 2024 | 6:39 am
Barrick says feasibility for Lumwana copper mine expansion expected year-end The expansion would result in a life-of-mine average annual production of 240,000 tonnes, compared with the current average of 120,000 tonnes. Staff Writer | September 12, 2024 | 5:26 am
South Africa’s platinum output back to pre-covid levels on job cuts The World Platinum Investment Council says more than 10,000 jobs have been lost in 2024 amid falling PGM prices. Staff Writer | September 12, 2024 | 4:45 am