Standard Lithium gets US$100 million investment from Koch
Standard Lithium is also exploring opportunities to work with several Koch Industries subsidiaries in key areas of alignment with the its project development needs.
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London-based Tembo Capital raises US$380 million for third mining fund
In October, U.K.-based Tembo Capital, a leading investment advisor in the metals and mining sector, closed its third mining fund with commitments of US$380 million. The fund will focus on…
Canada’s Saskatchewan adds lithium to mining portfolio
Prairie Lithium, a private lithium resource and technology developer situated in the heart of Saskatchewan’s resource-rich Williston Basin, reached a milestone this week as it finished drilling the province’s first…
For the world to hit net zero, global mining industry needs to ramp up capex
The global mining industry may need to nearly double its annual capital expenditure (capex) if the world is to cut its climate-changing carbon pollution to net zero by 2050, according…
Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…
Lithium Americas trumps CATL with US$400 million offer to buy Millennial Lithium
The offer represents a 22.1% premium over CATL’s previous bid of $377 million.
Ganfeng Lithium lands fresh three-year supply deal with Tesla
Ganfeng Lithium, China’s No.1 producer of the battery metal, has signed a new contract with Tesla to supply the electric vehicles maker with battery-grade lithium hydroxide products for three years…
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap for lithium, as demand for…
Frontier Lithium produces battery-quality lithium hydroxide
Frontier Lithium (TSXV: FL; US-OTC: LITOF) has produced battery-quality lithium hydroxide monohydrate from the PAK deposit, part of the PAK lithium project in northwestern Ontario, 175 km north of Red…
US markets pick up steam, Oct. 11-15
The Dow Jones Industrial Average rose 548.51 points or 1.58% to 35,294.76 and the S&P 500 climbed 80.03 points or 1.82% to 4,471.37 in the Oct. 11-15 trading week. Spot…
TSX Venture rises, Oct. 11-15
The S&P/TSX Venture Composite Index rose 60.19 points or 6.86% to 939.67 during the Oct. 11-15 trading week. Spot gold closed the week at US$1,767.40 per oz., up US$10.30 per…
Lake Resources partners with Lilac Solutions to develop Argentine lithium project
Australian lithium developer Lake Resources (US-OTC: LLKKF; ASX: LKW) is forming a partnership with California-based Lilac Solutions for technology and funding to develop its flagship Kachi lithium brine project in…