me-metals: The world’s second largest miner Rio Tinto (ASX, LON: RIO) plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium (ASX: LTM)(NYSE: ALTM), according to an internal memo seen by Reuters.
News ID: 11673 Publish Date : 2025/01/18
me-metals: Chile’s Codelco and Saudi Arabia are engaged in early-stage discussions about potential joint investments in the copper sector, the state-owned miner’s chairman Maximo Pacheco said on Friday.
News ID: 11670 Publish Date : 2025/01/18
me-metals: Saudi Arabia’s Manara Minerals is looking for critical minerals projects in Zambia to invest in, the southern African country’s mines minister Paul Kabuswe told Reuters on Thursday.
News ID: 11669 Publish Date : 2025/01/17
me-metals: Chinese copper and gold producer Zijin Mining Group has offered fellow Chinese miner Zangge Mining to buy a nearly 25% stake in the company for 13.7 billion yuan ($1.87 billion)
News ID: 11666 Publish Date : 2025/01/17
me-metals: Lithium prices are expected to stabilize in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for mines to reopen may cap gains, analysts and traders said.
News ID: 11657 Publish Date : 2025/01/14
me-metals: Chinese copper and gold producer Zijin Mining Group revealed on Friday it is in talks with Zangge Mining’s top two shareholders to buy a controlling stake in the lithium and potash miner.
News ID: 11645 Publish Date : 2025/01/11
me-metals: China’s lithium reserves have risen from 6% to 16.5% of the global total, making it the world’s second-largest holder of lithium reserves, state media reported on Wednesday.
News ID: 11640 Publish Date : 2025/01/09
me-metals: China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.
News ID: 11621 Publish Date : 2025/01/03
me-metals: Gold is heading for its biggest gain in 14 years, with a 27% advance fueled by US monetary easing, sustained geopolitical risks and a wave of purchases by central banks.
News ID: 11615 Publish Date : 2025/01/01
me-metals: Eramet has delivered first production of lithium carbonate from its newly commissioned Centenario plant located in Argentina’s Salta province, making it the first European company to do so at an industrial scale.
News ID: 11605 Publish Date : 2024/12/28
me-metals: Credit: Albemarle America has become unacceptably reliant on foreign competitors for critical materials and manufacturing processes. Post-Cold War assumptions about peace, trade, and eventual liberalizations led the US government and businesses to rely heavily on China – for manufacturing, pharmaceuticals, and raw materials. Today, the foreign reliance that brought down costs by shipping domestic industrial capacity abroad has become one of America’s most acute weaknesses, particularly in the case of critical minerals. America uses minerals for a range of strategic military and commercial applications, some of which the US relies substantially or wholly on imports to provide. Among the fifty critical minerals that the Department of Energy identified in its 2023 DOE Critical Minerals List, lithium best represents both the threat of American foreign overreliance as well as an opportunity for the US to decrease its critical mineral vulnerability.
News ID: 11599 Publish Date : 2024/12/25
me-metals: Export Development Canada (EDC) on Tuesday provided up to C$100 million ($70m) in financing to develop the Seymour Lake lithium project in Ontario.
News ID: 11596 Publish Date : 2024/12/25
me-metals: Buyers and sellers of lithium are locked in annual supply talks for 2025 as producers push for better terms after another challenging year for the key battery material.
News ID: 11593 Publish Date : 2024/12/23
me-metals: Lithium Americas said on Monday it has closed its joint venture with US automaker General Motors to develop the Thacker Pass lithium mine in Nevada.
News ID: 11590 Publish Date : 2024/12/23
me-metals: Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) will buy an existing 0.5% gross overriding revenue royalty on the construction-stage Tres Quebradas lithium project in northern Argentina from Lithium Royalty Corp. (TSX: LIRC) for $28 million, it said Thursday.
News ID: 11578 Publish Date : 2024/12/20
me-metals: German automaker Volkswagen (ETR: VOW3) announced on Wednesday its acquisition of a 9.9% stake in Canadian lithium company Patriot Battery Metals (TSX: PMET) (ASX: PMT) for $48 million.
News ID: 11576 Publish Date : 2024/12/19
me-metals: US miner Arcadium Lithium (ASX: LTM)(NYSE: ALTM) is facing legal challenges as shareholders have filed lawsuits alleging misrepresentation and negligence linked to Rio Tinto’s (ASX, LON, NYSE: RIO) $6.7 billion takeover. According to me-metals cited from mining.com,
News ID: 11573 Publish Date : 2024/12/18
me-metals: Rio Tinto Group plans to invest $2.5 billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment.
News ID: 11559 Publish Date : 2024/12/14
me-metals: Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output cuts – providing a boon for battery makers.
News ID: 11551 Publish Date : 2024/12/11
me-metals: Portugal’s government plans to launch a long-delayed tender of lithium prospecting licences in 2025 as it seeks to make the country a top European supplier of critical metals for the green transition, it said on Tuesday.
News ID: 11534 Publish Date : 2024/12/04