Canada to give Umicore up to C$1bn for new battery components plant The facility, in the Ontario town of Loyalist Township, will manufacture cathode active materials and precursor cathode active materials. Reuters | October 16, 2023 | 1:45 pm
US DOI draft study poses further setback for Alaska’s Ambler road project The US Department of the Interior found that as many as 66 communities whose subsistence-style living activities could be affected. Staff Writer | October 16, 2023 | 1:03 pm
China’s lithium triangle inroads show US challenges in EV race The lithium triangle of South America accounts for more than half of global resources. Bloomberg News | October 16, 2023 | 10:45 am
Mali to meet or exceed forecast for industrial gold output Production is expected to reach or even exceed its 67.7 tonnes forecast for 2023, according to a mines ministry official. Reuters | October 16, 2023 | 10:12 am
New resource bolsters Rio Tinto-backed Arizona Sonoran’s Cactus copper project The company has nearly tripled its measured and indicated resource at the Cactus porphyry project. Colin McClelland | October 16, 2023 | 9:50 am
Freeman Gold shares lifted by initial PEA on Lemhi project in Idaho At the base case, the project's after-tax net present value (at 5% discount) is calculated at $212.4 million with an internal rate of return of 22.8%. Staff Writer | October 16, 2023 | 9:28 am
Iron ore price rises as China stimulus lifts sentiment China's central bank ramped up liquidity support to the banking system by conducting medium-term lending facility operations. Staff Writer | October 16, 2023 | 8:52 am
Visualized: What is the cost of electric vehicle batteries? The cost of EV batteries can vary based on size and chemical composition. Visual Capitalist Elements | October 16, 2023 | 8:03 am
US, EU business groups push for steel deal, minerals drive at summit The US Chamber of Commerce and BusinessEurope made the call on Monday, before President Biden hosts European Commission chief Ursula von der Leyen. Reuters | October 16, 2023 | 7:43 am