Lithium prices have plunged since late 2022 on oversupply and slower-than-expected growth in electric vehicle demand.
Alta aims to increase supplies of rare earth elements like neodymium and dysprosium by cost-effectively separating them from abundant low-grade sources.
Fazenda has been operating since 1984 as a combined underground and open pit mine, producing over 3.3 million oz. of gold to date.
Teck Coal was found to have contravened the Health, Safety and Reclamation Code for Mines in the province.