How LFP batteries brought EV metal markets back to earth
When Elon Musk first announced Tesla’s move to LFP (lithium iron phosphate) batteries in February 2020, many were skeptical. LFP didn’t seem to fit with Tesla’s luxury and sporty carmaker…
Analysis
Uranium price bound for US$160 record: Sprott
The price of uranium could surpass 2007 highs this year as utilities ramp up demand for nuclear fuel and miners hit snags in boosting supply, the world’s largest investment fund…
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
TechMet urges UK to catch up in critical minerals race
Britain is falling behind European and North American peers in securing local sources of critical minerals, which threatens to hit the car industry the hardest, a government report warns. Successive…
Gold, silver to rise as political, economic risks grind
Gold and silver prices have been on a roller coaster over the past two years as prices have responded to the changing political and economic environment. A key shift came…
Uranium sector ‘scrambling’ to fill supply gap
The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, the world’s largest investment…
Broken contract? Know your rights
Access to mineral resources is essential for a modern and sustainable economy. Recent global commitments to climate change and achieving a net zero carbon emission environment have created a rush…
Canadian mining capex reached decade high in 2022
Capital spending in Canada’s mining industry increased by 14% to $13.5 billion last year, its highest in a decade, the latest figures published by Natural Resources Canada showed. The sector’s…
Labour costs: Canadian miners see modest pay raises
Hourly wages at mines in Canada climbed at less than half the rate of salaries at top jobs, a new survey shows. The annual pay for a mine general manager…
First Quantum’s Panama contract issues are minor: BMO
More contract negotiations between Panama’s government and First Quantum Minerals (TSX: FM) won’t impact operations at the giant Cobre Panama copper mine and should be resolved rapidly, an analyst says….
TNM Drill Down: Azure Minerals leads lithium assays with Andover project in Australia
Projects in Australia, Canada and Ghana led the Top 10 lithium assays of the month ending Sept. 15, according to rankings by Mining Intelligence, part of The Northern Miner Group….
Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast
Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals. A 5.4-million-ton (4.9-million-tonne) copper…