IGO says Western Areas may nix $829 million buyout
IGO says its takeover of nickel producer Western Areas might fall through after an independent expert concluded the offer was "neither fair nor reasonable".
IGO says its takeover of nickel producer Western Areas might fall through after an independent expert concluded the offer was "neither fair nor reasonable".
Record zinc prices have encouraged mining companies to boost output.
Reducing the US’s dependence on China for battery materials is a uniquely bipartisan issue.
Canada last month announced financial support for building two facilities that will make battery materials for electric vehicles, and one battery gigafactory.
The Pacific Northwest National Laboratory has developed a ‘freeze-thaw battery’ that locks in energy for months without losing much storage capacity.
The question of what happens to Russia’s metal exports is of vast consequence to global markets -- it’s a key supplier of palladium, nickel, aluminum, steel and copper.
The directive will specifically be authorized to support the production and processing of minerals used for large capacity batteries such as lithium, nickel, cobalt, graphite, and manganese.
The US and Canadian governments have been good about providing incentives for EV buyers and manufacturers, but when it comes to mining, little support has been offered.
The exchange suspended nickel trading on March 8 after prices spiked by more than 50% to hit $100,000 a tonne.
Ultra-uniform nanodiamonds are crucial for drug delivery, sensors and quantum computer processors.