Codelco, Salar Blanco to develop lithium project in Chile’s north

The deal comes after a disagreement between the companies over adjoining lithium deposits in the area.

Cecilia Jamasmie | August 1, 2019 | 9:55 am

Altura Mining signs deal to supply lithium to Chinese company

Altura will supply 50,000 dry metric tonnes of lithium concentrate per annum to Guangdong Weihua Corp.

Reuters | August 1, 2019 | 9:46 am

Albemarle revises Australian Wodgina joint venture as lithium market sags

Albemarle has now agreed to pay $820 million for a 60% stake in the Wodgina mine, down from $1.15 billion for a 50% stake agreed in late 2018.

Reuters | August 1, 2019 | 9:41 am

Iron ore prices help Rio Tinto fork out $1bn dividend, despite Oyu Tolgoi setback

Despite being its best half-year earnings since 2014, net profit dropped by 6% to $4.13bn as it wrote down $800 million from its investment in the Mongolian mine.

Cecilia Jamasmie | August 1, 2019 | 6:25 am

Nyrstar restarts Port Pirie lead smelter in Australia

The smelter halted output on May 28 due to an unplanned outage at the blast furnace.

Reuters | July 31, 2019 | 9:27 am

Australian private equity firm EMR weighs copper mines IPO

EMR Capital is considering selling its four copper mining assets through an initial public offering some time after 2019.

Reuters | July 31, 2019 | 9:20 am

Australia’s Resolute Mining to buy Toro Gold for $274m

Resolute is paying $130 million in cash plus 142.5 million of its own shares for West Africa-focused junior miner.

Cecilia Jamasmie | July 31, 2019 | 7:59 am

Northern Star hits sales record on new Pogo mine

The Alaska-based mine sold 48,009 ounces of gold in the June quarter, 33% more than in the previous three months.

Cecilia Jamasmie | July 30, 2019 | 9:24 am

Lithium industry buildup is outracing the electric car boom

Lithium miners are bulking up for a booming future when electric cars go mainstream.

Bloomberg News | July 29, 2019 | 9:28 am

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