Forecasts morph into reality as tech metals fundamentals heat up
The world is at the start of an exponential upswing in demand for the suite of technology metals as a global top-down push for the energy revolution accelerates, Ryan Castilloux,…
Europe
Competition for controlling Li-ion battery production intensifies
A report by Roskill states that the competition for controlling Li-ion batteries production has intensified globally, with continuous announcements made regarding the build-out of new Li-ion battery plants and/or capacity…
TSX Venture down, July 5-9
The S&P/TSX Venture Composite Index dropped 3.09% to finish the trading week at 938.47. Spot gold increased by US$20.60 per oz., or 1.15%, to US$1,807.90 per ounce. Rupert Resources climbed 31¢ to…
The View from England: New research identifies gold for fools
Colossal pandemic spending by governments worldwide over the past 18 months has meant inflation is back in the news, as is gold contained in pyrite following publication of academic research…
Orano reports mining and nuclear services contract growth
French-based uranium miner and nuclear fuels services provider Orano says it has bagged several new uranium mining and front-end services contracts worth more than US$450 million (€380 million). The company…
Glencore paid $5.8B to governments in 2020
Swiss-based multinational miner Glencore (LSE: GLEN) has disclosed US$5.7 billion in taxes, royalties and other government payments in 2020. The diversified mining house says the Covid-19 pandemic caused major production…
Green Lithium gets five times the funds needed to develop UK’s first commercial lithium refinery
A project to build the United Kingdom’s first large-scale commercial lithium refinery has received £1.6 million in seed round funding, closing at more than five times the initial target amount…
Nutrien to further boost potash output amid Belarus sanctions
Nutrien (TSX: NTR; NYSE: NTR), has decided to increase potash production by 500,000 tonnes this year on the back of newly imposed trade sanctions on Belarus. The boost, which will…
Base metals demand expected to benefit from green revolution – report
A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus…
Wood Mackenzie boosts battery metals expertise with Roskill buy
Wood Mackenzie announced on Friday it had acquired Roskill, a privately-owned company and leader in metals and materials supply chain intelligence, boosting the consultancy’s expertise in energy transition. Neal Anderson,…
Greenland approves Bluejay Mining’s Dundas Ilmenite project
Bluejay Mining (LSE: JAY; US-OTC: BLLYF) has received approval to build its Dundas Ilmenite project on the northwest coast of Greenland, 80 km north of the town of Qaanaaq. The company…
Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
Serbia Zijin Mining’s mine is expected to start production in the fourth quarter with an initial average copper output of 91,000 tonnes a year.