Florence has total proven and probable reserves of 290.2 million tonnes grading 0.36% copper.

The miner plans to temporarily close two zinc mines in Tennessee due to weak prices and the impact of inflation.

The company pushed back the opening of a key expansion of its lithium operations in northern Argentina to next year.

Both countries need to build up their mining and refining, and battery making capacity quickly.

Half of the output from Ghana’s Ewoyaa mine is earmarked for a refinery that Piedmont Lithium plans to construct in Tennessee.

Assay results from drill hole EZ-23-003 returned 324.6 metres at 0.34% NiEq.

Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains.

"The story is about what’s happening over the next 10 to 15 years,” said Evy Hambro, global head of thematic and sector investing at BlackRock.