Study values Ontario graphite mine restart at $183M
A new economic study on a potential restart of Global Battery Materials’ (GBM) Kearney graphite mine in Ontario values the project at $183 million (C$260 million) and pegs future cash flow…
battery metals
GBM taps Iamgold CEO in plan to open Kearney graphite mine in Ontario
Privately held Global Battery Materials (GBM) is aiming to restart Ontario’s mothballed Kearney graphite mine in less than two years to tap an expected surge in demand for the mineral amid growing calls for domestic production. Kearney, which…
Nouveau Monde raises $297M as Italy’s Eni takes stake
Nouveau Monde Graphite (NYSE: NMG; TSX: NOU) is raising $297 million (C$413 million) in a transaction that will see Italian energy giant Eni buy a 12% stake to help the Canadian…
Rock Tech Lithium attracts $200M investment in Ontario processing plant
Canadian property developer BMI Group agreed to invest $200 million (US$144 million) in Rock Tech Lithium’s (TSX-V: RCK) proposed processing facility in northern Ontario – a key step toward building…
US agency to buy 20% stake in graphite miner Syrah
The United States International Development Finance Corp. (DFC) plans a strategic investment in Australia’s Syrah Resources (ASX: SYR), which owns Louisiana’s Vidalia active anode material facility and Mozambique’s Balama graphite…
Titan Mining starts graphite shipments, feasibility study
New United States graphite producer Titan Mining (NYSE-A, TSX: TII) says it has begun shipments from its demonstration facility in New York State and is moving ahead with feasibility work…
Bolivia minister pledges ‘legal certainty’ for investors
Bolivia’s new mining minister is vowing to woo back foreign investors in silver, tin and lithium who fled two decades of Socialist Party rule. “We are going to work hard to provide the legal certainty that investors as well as…
Saudi plant is ‘wake-up call’ for Quebec, France: Northern Graphite CEO
Northern Graphite’s (TSX-V: NGC; US-OTC: NGPHF) decision to build a $200-million (C$144-million) battery material plant in Saudi Arabia should serve as a warning for governments in Canada and France, where the miner has been mulling similar…
Northern Graphite to build $200M Saudi plant
Northern Graphite (TSX-V: NGC; US-OTC: NGPHF) agreed with family-controlled Saudi Arabian conglomerate Al Obeikan Group for Investment to jointly build and run a battery material plant in the kingdom after the Canadian…
Rock Tech signs framework agreement with car maker in Germany
Rock Tech Lithium (TSXV: RCK; US-OTC: RCKTF) has signed a framework agreement with an unnamed global car maker headquartered in Germany to supply lithium hydroxide over an initial five-year period….
Sigma Lithium mine to benefit from new rules in Brazil
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) says its 25%-ready Grota do Cirilo lithium project in Brazil will benefit from a presidential decree issued last week allowing unrestricted trade of any…
What the energy transition may bring for five battery metals – report
ING Economics has published a new report in which its experts predict what the energy transition might bring for five key metals: copper, aluminum, nickel, cobalt, and lithium. Taking into…