BHP presses to transform Australia’s ‘dysfunctional’ gas market

The global miner has denied any wrongdoing in a similar case brought by the U.S. Securities and Exchange Commission.

Mining services provider Mineral Resources Ltd on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.

The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year.

Australian lithium producer Galaxy Resources said it was evaluating “strategic options” for its project in Argentina, which remains in the feasibility stage.

The protesters say the running water that they receive from local rivers has been declared unfit for human consumption.

What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.

If China’s Tianqi grabs a stake in Chile’s SQM, the world’s lowest cost lithium miner, it would mean the top three producers would control at least 80% of the total market, Chile’s government has said.

Despite seeing gold output decline by 2%, Newmont claimed the title of world’s biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of the year.

Andromeda may earn up to 75 per cent interest in Minotaur’s kaolin-halloysite deposits in South Australia through the expenditure of $6 million over a period of up to 5 years.