Norilsk to open 40,000 t/y nickel project in Australia

The past year has been torrid for lithium, as a global slowdown in the pace of EV adoption left the market saddled with a glut.

The JV experienced a build in lithium hydroxide inventory at Kwinana over recent months.

Global gold production will peak at about 3,250 tonnes (105 million oz.) next year, according to CRU's Oliver Blagden.

A sector that was once racing to build new supply has been closing mines and deferring projects as low prices bite into the cost curve.