RANKED: Top 20 automakers by battery metals spending
The global passenger EV market, including plug-in and conventional hybrids, fell short of 30 million units last year, but still showed robust growth of 18% year over year. In combined…
Stellantis
PDAC: Ontario shifts metals strategy to defence as EVs stall, mining minister says
Ontario is pivoting from battery plant construction in its critical minerals strategy while it adds high-grade iron ore and aluminum to its list of important outputs. The previous strategy focused…
London Symposium JV Video: Renewed industry push sees Ontario mines power up
Ontario is modernizing its Mining Act to meet business needs, mines minister George Pirie said at a recent London conference. This year, Iamgold (TSX: IMG; NYSE: IAG) began the $3…
JV Article: Automaker Stellantis takes 19.9% stake in Argentina Lithium subsidiary
Amsterdam-based carmaker Stellantis (NYSE: STLA), whose iconic brands include Alfa Romeo, Chrysler, Citroën, Fiat, Opel, Maserati, Peugeot, Jeep and Vauxhall, has invested US$90 million equivalent in Argentine pesos in Canada’s…
Automakers invest upstream for lithium as the midstream battery buildout gathers pace
Several announcements Thursday underlined the growing momentum with which an independent-from-China electric vehicle (EV) battery supply chain is taking shape in North America. Major automaker Stellantis N.V. (NYSE: STLA) said…
Stellantis, Rio Tinto grab stakes in McEwen Copper
McEwen Copper, a subsidiary of McEwen Mining (TSX: MUX; NYSE: MUX) is attracting investments for its Los Azules copper project in the San Juan province of Argentina. Nuton, a Rio…
E3 Lithium awarded $27M in federal innovation funding
Alberta-focused E3 Lithium (TSXV: ETL; OTC: EEMMF) has received a $27 million investment from the federal government’s Strategic Innovation Fund (SIF), the company said on Monday. The SIF, a…
Ontario Mines Minister Pirie targets red tape for Ring of Fire
Ontario Mines Minister George Pirie, a 35-year mining industry veteran before his election in June, says he plans to consider cutting project red tape “fairly shortly” while encouraging more federal…
From EV pickups to sedans, miners can bank on bright future
On January 5, General Motors CEO Mary Barra unveiled the Chevrolet Silverado electric pick-up truck at CES 2022, one of the most influential technology conferences in the world. The full-size…
EV industry moving in right direction to close gap with internal combustion engines – report
Although there is still a way to go for electric vehicles to close the performance, safety, and cost gap with internal combustion engines, a recent report by IDTechEx says some…