Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
Articles by Bruno Venditti
Vale, BHP, Samarco seek new deal on Brazil disaster
Negotiations resumed this week after the Brazilian government and states rejected the companies’ $7.7 billion offer in December.
‘World record’ rare earths recovery at Colossus: Viridis
The company stated that it has achieved the highest overall bulk ionic recoveries globally, with rates as high as 67%, in its Colossus project in Brazil.
Africa’s lithium output to almost triple this year, says Benchmark Intelligence
In 2023, the region contributed 4% to global lithium production, but this year it’s expected to reach 10%.
Codelco to benefit from entry into lithium business, says Moody’s
On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.
Russian mercenary Wagner theatens to control Barrick’s Loulo-Gounkoto gold mine in Mali, reports say
According to The Globe and Mail, there are reports suggesting that the regime may be aiming to expropriate the mining complex.
Horizonte Minerals fails to secure cash for nickel mine, shares plunge
The company considers selling its Brazilian nickel mine amidst low prices and supply surplus from Indonesia.
Forget groceries, Costco sells up to US$200M of gold bars and silver coins every month
Given its pricing and shipping costs, analysts with Wells Fargo wrote that it’s likely a “very low-profit business at best.”
Brazil Potash gets state licence for disputed Autazes mine
Federal prosecutors have stated that the license is not legally acceptable.
UK law firm backs Madagascar villagers against Rio Tinto in mine pollution claim
Residents say the QMM ilmenite mine has contaminated surrounding lakes and waterways with toxic metals.
Sigma Lithium adds production line to nearly double output next year in Brazil
The miner plans to increase production at its Grota do Cirilo project to 520,000 tonnes per year.
Former Teck CEO Don Lindsay joins BHP board
Don Lindsay will join the BHP board as a non-executive director on May 1.