Newmont to sell mines after Newcrest acquisition

The investment in the Pilgan plant will help increase spodumene concentrate production by 47% to 1 million dry metric tonnes per annum.

MINING.COM’s EV Metal Index surged to just under $27 billion in 2022 thanks to surging lithium and nickel prices, but January saw a 50% month-on-month drop.

In January, the company said the project was set to begin production at the end of the March quarter.

Liontown Resources rejected a non-binding indicative proposal of A$2.50 per share.

Project will develop and test technologies that can be integrated into steel production processes to cut CO2 emissions.

Weng Zuliang expressed hope for both sides to promote and deepen pragmatic cooperation in iron ore trading.

Sibanye's emergency financial support for its takeover target New Century flagged output losses that will impact short-term liquidity.

The company is working with engineering consultancy Hatch Ltd. to design a pilot plant that uses an electric smelting furnace.

The Arcadia mine is expected to produce 50,000 tonnes of lithium carbonate equivalent lithium concentrate.