Sigma Lithium expands production capacity, targets doubling output by 2025 The miner plans to increase production at its Grota do Cirilo project to 520,000 tonnes per year. Staff Writer | April 1, 2024 | 8:45 am
MP Materials awarded $58.5 million tax credit for Texas rare earth magnet factory The manufacturing facility would have the capacity to produce approximately 1,000 tonnes of NdFeB magnets per year. Staff Writer | April 1, 2024 | 8:18 am
Iron ore price swings near $100 as traders mull fragile China recovery Disappointment over demand has coincided with a period of relatively abundant supply. Bloomberg News | April 1, 2024 | 7:23 am
Volt Lithium’s cost cuts help Alberta project weather metal price crash The company has cut nearly two-thirds of its lithium production cost. Colin McClelland | April 1, 2024 | 6:47 am
Pairing cryptocurrency mining with green hydrogen could boost deployment of renewable energy – study Cornell University researchers found that pairing cryptocurrency mining with green hydrogen could provide the foundation for wider deployment of renewable energy. Staff Writer | April 1, 2024 | 6:06 am
Gold price hits another all-time high as Fed-fuelled rally continues A host of positive drivers have pushed up bullion by around 14% since the middle of February. Staff Writer | April 1, 2024 | 5:51 am
Chile’s mining production up 7.7% in February Following one of the most challenging periods for miners in Chile in years, the country’s industry is finally picking up. Staff Writer | April 1, 2024 | 5:09 am
NextSource applies to build graphite plant in Mauritius The facility will have capacity to produce 3,600 tonnes of battery-grade graphite a year, increasing to 14,400 tonnes after 2024. Cecilia Jamasmie | April 1, 2024 | 3:47 am
Top China lithium firms look past profit slump and vow expansion Both Tianqi and Ganfeng said they’ll continue to acquire global reserves of the key battery material. Bloomberg News | April 1, 2024 | 3:46 am