GBM to buy Lomiko, add Quebec graphite project
Global Battery Materials agreed to buy developer Lomiko Metals (TSXV: LMR; US-OTC: LMRMF) in an all-share deal valued at about $11 million (US$7.9 million) that will give the private company…
battery
Falcon seeks $100M from Guinea in World Bank court
Falcon Energy Materials (TSX-V: FLCN) filed a $100-million (C$136-million) arbitration claim against Guinea, alleging that the West African nation illegally expropriated the company’s Lola graphite project. Abu Dhabi-based Falcon said…
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…
Electric vehicle sales could reach 43 million by 2030, B of A says
Sales of electric vehicles (EVs) are likely to hit 3 million this year, but should skyrocket to between 21 million and 43 million by 2030, according to a new report…