Poor forecasting triggers big writedowns for miners while some get lucky, study shows
The research appears appropriate at a time when nickel and lithium prices have crashed from 2022 highs as gold has set new records.
The research appears appropriate at a time when nickel and lithium prices have crashed from 2022 highs as gold has set new records.
Net loss after tax widened to A$31 million in the six-month period ended Dec. 31, from A$6.9 million a year earlier.
Under the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo.
"We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo.
Ambassador Cong Peiwu said the Canadian government is “wrong” to prevent Chinese investors from buying majority stakes in domestic mining companies, like it did in 2022.
Pilbara will deliver 20,000 tonnes of the mineral to Sichuan Yahua from its Pilgangoora operation this year and 100,000 tonnes annually in 2025 and 2026.
The agreement would allow Hudbay to explore Flin Flon land package to potentially bring another mine into production.
The facility would, if constructed, have the capacity to recycle the equivalent of 35,000 metric tons annually of battery material each year.
Glencore plans to develop a recycling hub in Europe with Canada’s Li-Cycle Holdings.
Pilbara to supply spodumene concentrate from the lithium miner's Pilgangoora operation in Western Australia.