But Fitch analysts remain positive on both lithium and cobalt and expect prices to recover, as EV demand for both metals catches up to supply.

The remote Outback region of northern Australia would seem an unlikely outpost in the simmering global trade war, but the mining hot spot may help solve a critical issue for the U.S.

The diamond received a D color rating, meaning it’s colourless and extremely rare.

A new Clareo report argues that systems of the major OEMs are a barrier to implementation, and unless something changes, achieving a fully autonomous mine will remain a distant vision.

The cancellation comes amid speculation that China could cut off supplies of the rare earths metals.

The miner said results suggest Youanmi could provide critical local feedstock for its lithium-cathode and battery business units.

SK Innovation will purchase 100% of the battery-grade cobalt sulphate and nickel sulphate produced from Australian Mines' flagship Sconi project.

Ore for September closed around 7.3% lower at $95.63 a tonne in Singapore. Benchmark spot material dropped to $99.50 a tonne on Monday.