US allots US$74M to critical minerals mapping
The U.S. Department of the Interior has set aside more than US$74 million to invest across 30 states in research and mapping of areas with potential for critical minerals, as…
Battery metals
Australia-based lithium supplier to Tesla targets first shipment by year-end
Australia’s Core Lithium (ASX: CXO), which counts electric vehicles giant Tesla among its future costumers, is planning to send its first shipment of the key battery material by the end…
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
PDAC 2022: Investment bankers see capital returning to mining – once market risks abate
Despite strong commodity prices, money has not been flowing into the mining sector — and that is likely to be the case as long as market volatility and uncertainty continue,…
PDAC 2022: Canada’s long and winding road towards building battery ecosystem
From a lack of skilled professionals to rising costs due to inflation amidst the pressure to quickly build an entirely new industry, Canada must overcome several obstacles before it can…
Critical Elements delivers Rose lithium feasibility study with US$1.9B after-tax NPV
Critical Elements (TSXV: CRE; OTC: CRECF) has delivered a new feasibility study on its wholly owned Rose lithium-tantalum project situated in the Eeyou-Istchee, James Bay region of Quebec, confirming the potential…
Multi-stakeholder collaboration needed to rise to meet the battery metal boom
For investors and companies involved in the extraction industries, it has been impossible to ignore the meteoric rise of battery materials in recent years. Over the course of 2021, cobalt…
PDAC 2022: War, supply issues have increased importance of critical minerals, says Wilkinson
Natural Resources minister Jonathan Wilkinson has said that Russia’s invasion of Ukraine and the fragility of global supply chains have “heightened” the importance of critical minerals as he welcomed mining…
Base and Battery metals Snapshot: Eight companies to watch
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition away from fossil fuels, base…
Vale advances plans to produce nickel sulphate in Canada
Vale, the world’s top nickel and iron ore producer, has completed a prefeasibility study for its proposed nickel sulphate facility in Bécancour Que., the company said on June 9. The…
Anglo American takes on an industry-first sustainability-linked loan
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry’s first known sustainability-linked financing…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…