Financing: US Energy Dept. hands out billions
In mid-December, the U.S Department of Energy announced a conditional loan of US$755 million to battery materials and technology company Novonix to build a plant in Tennessee for manufacturing synthetic…
Nickel
Stillwater Critical Minerals scrambles for DoD dollars
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is exploring to boost its nickel-palladium project in Montana as it awaits word due this year on Defense Department funding. Glencore (LSE: GLEN),…
Canada knocks Trump’s claims of resource independence
Canada’s minister of energy and natural resources, Jonathan Wilkinson, has pushed back against U.S. president-elect Donald Trump’s recent claim that America doesn’t need anything from its northern neighbour as “simply…
Vale sinks to lowest market value since 2016 – Citibank
The stock market value of base metals giant Vale (NYSE: VALE) has fallen to its lowest since 2016 on investor concerns over iron ore and nickel as well as uncertainties…
Trudeau to resign ahead of vote this year likely to elect conservative Poilievre
Canadian Prime Minister Justin Trudeau says he will resign, paving the way for a new Liberal Party leader to take on Pierre Poilievre, who is favoured to win an election…
Gates, Bezos-backed KoBold Metals raises US$537M in race for critical minerals
KoBold Metals has raised US$537 million in its latest funding round as it seeks to become a key player in critical minerals needed for the energy transition. Supported by investors such…
Supply shortage looms for critical battery raw materials by 2030: McKinsey
Vehicle and battery makers are “likely to confront persistent long-term challenges” in keeping up with demand by the end of the decade, according to a new report by McKinsey &…
London Symposium JV Video: Renforth Resources plans to fund nickel exploration with gold asset
Renforth Resources (CSE: RFR; US-OTC: RFHRF) will use its Parbec gold deposit to fund nickel exploration of its Malartic Metals package in Quebec, CEO Nicole Brewster said at a London…
Trade spats to curb industrial metals demand: BMO
BMO Capital Markets has lowered its demand estimates for next year on the anticipation that higher tariffs and multilateral trade friction could tamp down industrial output. “There is no getting…
Adamas EV metals data show varying demand
METHODOLOGY: To produce the most accurate and granular results, Adamas Intelligence analysis is based on retail end-user EV registrations covering more than 110 countries, and over 180 automakers and nearly…
YMP Scholarship: Mining industry must narrow talent gap by spotlighting roles in green transition
The following essay was chosen as the winner of The Northern Miner’s 2024 Young Mining Professionals Scholarship. Mining is perhaps more crucial today than at any other point in human…
Canada to impose new tariffs on China
Canada is to slap more tariffs on a range of imports from China early next year “to combat unfair Chinese trade practices,” the federal government said Monday in its 2024…