TSX falls during Sept. 19-23 trading week
Stocks were pummelled over the Sept. 19-23 trading period as investors fled, fearing a global recession brought on in part by central banks raising interest rates to quell inflation. The S&P/TSX…
cobalt
Electra to refine cobalt in Ontario for LG as EV demand surges
Toronto-based Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) signed its first production agreement for North America’s only cobalt refinery today, agreeing to supply LG Energy Solution of Seoul with about…
Glencore eyes adding lithium to its trading business
Mining and commodities giant Glencore (LSE: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the battery metal has become the…
Quebec Snapshot: Eight companies to watch
With a long and storied history of exploration and mine development, favourable mining policies, excellent infrastructure and a skilled workforce, Quebec is one of the world’s top mining jurisdictions for…
Talon Metals’ Tamarack nickel project continues to grow
Talon Metals (TSX: TLO; US-OTC: TLOFF) and Rio Tinto’s (NYSE: RIO; LON: RIO; ASX: RIO) Tamarack nickel project in central Minnesota, continues to grow, with the miners finding thicker, higher-grade…
FPX scoping study outlines high-purity nickel sulphate operation for EV industry
FPX Nickel (TSXV: FPX; OTC: FPOCF) has announced results of an internal engineering scoping study evaluating the production of nickel sulphate for the electric vehicle battery market from high-grade awaruite…
Spending details of $3.8B Critical Minerals Strategy expected in fall, says government
Details of how the federal government plans to spend its multi-billion dollar Critical Minerals Strategy will be announced sometime in the Fall, says Natural Resources Canada.The Strategy was announced in…
Ford asks US government to speed up mining permits
U.S. carmaker Ford Motor Co. (NYSE: F) is asking the Biden administration to speed up the permitting process for mining projects, particularly those targeting critical metals such as lithium, cobalt,…
Canada inks MOUs with German automakers to help meet clean transport demand
Canada’s federal government has signed new agreements with German automakers Volkswagen and Mercedes-Benz, setting the stage for exploring deeper cooperation across all stages of the automotive value chain. Canadian Prime…
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months…
Giga Metals, Mitsubishi to jointly develop Turnagain nickel deposit in BC
Junior Giga Metals (TSXV: GIGA) and global trading and investment firm Mitsubishi Corp. agreed on Monday to form a joint venture company, Hard Creek Nickel Corp., to develop the Turnagain…
Fuse Cobalt, Electra enter MOU for raw material supply
Fuse Cobalt (TSXV: FUSE; US-OTC: FUSEF) has signed a memorandum of understanding with Electra Battery Materials (TSX: ELBM; NASDAQ: ELBM) for the supply of raw cobalt material. Fuse is exploring…