MAC appeals for more investment ahead of federal budget
The Mining Association of Canada (MAC) has urged the government to invest more in critical minerals in this year’s budget to avoid “slipping behind” its competitors in the sector, while…
Battery metals
In charts: EV metal demand accelerates in the second half of 2021
A 62% jump in passenger electric vehicles (EVs) registrations in the second half of 2021 to 5.84 million units continues to drive an intensifying demand in the battery metals sector,…
South America Snapshot: Eight companies exploring and developing new mines
The need for battery metals is propelling many projects in resource-rich South America, but gold and silver projects retain their appeal, too. BEAR CREEK MINING The Corani silver-zinc-lead project in…
Brazil’s Minas Gerais state to sell stake in lithium miner
Brazil’s minerals and metals-rich state of Minas Gerais is looking to sell its 33.3% stake in Companhia Brasileira de Lítio (CBL), the country’s only producer of lithium carbonate and hydroxide. The state’s…
Britishvolt secures US$54M from Glencore for UK gigafactory
Electric vehicle (EV) battery start-up Britishvolt, which has the ambitious plan to build a recycling gigafactory in the U.K., has secured a £40 million (US$54 million) cornerstone investment from partner…
Gates, Bezos-backed firm gets cash injection to find battery metals
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed…
Glencore, Britishvolt to jointly build battery recycling plant
Miner and commodities trader Glencore (LSE: GLEN) has tied up with electric vehicle (EV) battery start-up Britishvolt to build a new plant to recycle lithium-ion batteries in the United Kingdom….
American mining output rises 12% y/y to US$90.4B
Operating mines in the United States generated US$90.4 billion in mineral commodities in 2021, a 12% increase year-over-year, the US Geological Survey said in the 27th annual Mineral Commodity Summaries report…
Fortune Minerals plans Alberta cobalt refinery
Fortune Minerals (TSX: FT) intends to buy a defunct steel processing plant in Alberta and turn it into a cobalt refinery. The company says the plant, which it will purchase for $5.5 million, will significantly reduce the…
Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…
Ivanhoe Mines to produce 340,000 tonnes of copper at DRC mine in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said on January 10 that it expects to produce between 290,000 to 340,000 tonnes of copper in concentrate in 2022 at its Kamoa-Kakula copper…
Allkem releases feasibility study for James Bay lithium project in Quebec
Allkem (TSX: AKE; ASX: AKE) has released a feasibility study for its James Bay hard rock lithium project in Quebec, located 130 km east of James Bay and the Cree Nation of…