Merdeka Battery Materials plans $580 million IPO It will be the second nickel firm in Indonesia to go public this year after PT Trimegah Bangun Persada of the Harita conglomerate group. Reuters | March 28, 2023 | 7:54 am
US, Japan strike deal on supply of minerals for EV batteries EVs that use materials that have been collected or processed in Japan will be eligible for incentives under the IRA. Bloomberg News | March 28, 2023 | 7:43 am
Biden tees up a supply chain rethink with challenge to China’s EVs Ford confirmed last month that it will tap technology from CATL for a $3.5 billion plant it’s building in Michigan. Bloomberg News | March 28, 2023 | 7:32 am
Researchers closer to understanding how orogenic gold belts are formed Chinese scientists are proposing the idea that lithospheric crust-mantle decoupling could be related to the formation of orogenic gold deposits. Staff Writer | March 28, 2023 | 6:12 am
Bluejay Mining expands drilling at Finland nickel project Decision follows "encouraging" results from the first exploration program of 2023 at Bluejay's Enonkoski nickel project. Staff Writer | March 28, 2023 | 5:50 am
Lundin Mining pays $950m for controlling stake in Caserones copper mine in Chile The Canadian miner is acquiring a 51% stake in the company that operates Caserones from Japan’s JX Nippon Mining & Metals Corp. Cecilia Jamasmie | March 28, 2023 | 3:45 am
Fortescue delays first production at Iron Bridge project again In January, the company said the project was set to begin production at the end of the March quarter. Reuters | March 27, 2023 | 4:52 pm
Majuba Hill acquires Copper King and Desert Mountain claims in Utah The two claim blocks are 56 miles southwest of Kennecott’s prolific Bingham Canyon Mine Complex. Staff Writer | March 27, 2023 | 4:41 pm
Liontown rejects $3.7 billion proposal from Albemarle Liontown Resources rejected a non-binding indicative proposal of A$2.50 per share. Reuters | March 27, 2023 | 4:11 pm