The detailed claim alleges there were misrepresentations in Barrick's public disclosure relating to Barrick's development of the Pascua-Lama mine located on the border between Chile and Argentina.
The electric motor company's plans to double the globe's battery output will up graphite demand 152%, but sourcing cobalt outside the Congo could prove difficult.
The lawsuit alleges Barrick knew or should have known that it would have to overcome significant obstacles with its $8.5bn Pascua-Lamas gold-silver project.
In its third annual edition, the ranking of best mining suppliers in Chile also reveals that 62% of respondents believe they can find a better supplier than the one they already have.
Director and former chairman of the World Gold Council discusses the significance of the shift in gold ownership from West to East, the problem of mining scale and the results of the industry's failure to develop new prospecting technology.
In this interview with The Mining Report, economist Daniela Desormeaux, founder of signumBOX and widely quoted expert on industrial chemicals, shines a light on the lithium industry for investors looking for a new opportunity.