Iron ore price jumps as Brazil, Australia shipments delayed

Chile aims to find new copper markets and expand its lithium industry as it seeks to shield its economy from a U.S-.China trade war.

Albemarle requested an increase of 258,446 metric tons of Metallic Lithium Equivalent but the government says the information provided was not sufficient to justify the increase.

Bolivia will choose a new junior partner to help industrialize its lithium deposits from among seven companies that submitted proposals.

The Chilean miner has been seeking a buyer for all or part of itself to raise $1 billion to dig for copper and gold in two of its mines in the country's north.

The country's antitrust court has approved a deal between the competition regulator and Tianqi, allowing the Chinese miner to buy a nearly one-quarter stake in lithium producer SQM .

Hydro plans to halt production and lay off 4,700 people at Alunorte, which has been operating at half capacity since March due to an environmental dispute.

The contract requires Albemarle to offer as much as 25 percent of its annual production capacity at a discounted rate to companies within Chile.

The project, known as the Salobo 3, is expected to add about 50,000 tonnes to the open-pit mine’s current capacity of 200,000 tonnes of copper per year

The definitive agreement comes almost three years after the incident, which killed 19 people and became the country’s worst ever environmental disaster.