Mining investor TechMet closes second funding round at $120 million
The firm, which controls battery recycler Li-Cycle Corp, has now raised nearly $133 million between its two rounds of funding.
The firm, which controls battery recycler Li-Cycle Corp, has now raised nearly $133 million between its two rounds of funding.
Philippine President Rodrigo Duterte has lifted a moratorium on new mineral agreements imposed in 2012, reopening the door to investments.
The company will power its copper, iron ore and nickel operations in Chile, Peru and Brazil on green energy by 2022.
Everyone who's explored in Canada has a bear story, but the holy grail of close shaves is the polar bear story.
Goldman Sachs sees prices averaging $11,000 per tonne over the next 12 months.
Canadian startup Li-Cycle Corp. plans a third battery-recycling facility in North America.
Lithium, the mainstay for rechargeable power packs used in EVs, is roaring back after a three-year slump in prices.
Formed this month, the BASC's 55 members include Nissan Motor, Sumitomo Metal Mining, Asahi Kasei, Panasonic and Toyotsu Lithium Corp.
The bank, until now cautious in its predictions for the battery metal, has followed lithium enthusiasts with an optimistic set of forecasts.
The investment gives CATL access to the Kisanfu copper-cobalt mine in the DRC, one of the world's largest undeveloped sources of cobalt.