It marks the first time MineHub's blockchain-based platform was used for a transaction between two Chinese companies, for a cargo originating from a global mining company.

Canada last month announced financial support for building two facilities that will make battery materials for electric vehicles, and one battery gigafactory.

The lithium refinery will be designed to accept concentrates from several pegmatite projects in Ontario's North.

Barrick Gold is considering taking an option to earn up to 80% of Hemlo Explorers' Pic project in Ontario.

The US and Canadian governments have been good about providing incentives for EV buyers and manufacturers, but when it comes to mining, little support has been offered.

This would "pave a solid foundation" to achieve the goal of net zero carbon emissions by 2035, Copper Mountain says.

Updated mine plans include the the conversion of an additional 569,000 gold ounces in the underground main zones to mineral reserves.