Cascading battery metal supply crunch to get serious from 2024, analysts forecast
Increasing consumption will outstrip the mining industry’s ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P…
cobalt
Magna plans drilling at Denison nickel-copper project after ‘considerable’ resource estimate
Magna Mining (TSXV: NICU) says its first resource for its Denison nickel, copper and platinum group metals project in Ontario’s Sudbury basin shows “significant potential.”…
Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical…
As Ontario joins clean energy talks, federal minister Wilkinson looks to streamline project approvals
Ontario has joined a country-wide consultation process to hammer out energy and mining strategies for transitioning to clean power using critical minerals, Canada’s natural resources…
Royalty firm Ecora plans transition to green metals despite lucrative coal contract
Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and…
Stillwater Critical enjoys ‘sweet spot’ in Montana’s Lower Stillwater PGMs Complex
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is “rewriting the book” on the Lower Stillwater Igneous Complex in Montana, says president and CEO, Michael Rowley….
Sherritt to recoup $362M of debt from Cuban partners through ‘cobalt swap’
Sherritt International (TSX: S) has entered agreements with its Cuban partners to settle $362 million of total outstanding receivables over five years, beginning Jan. 1,…
USGS, NASA to map southwestern United States for critical mineral potential
The U.S. Geological Survey (USGS) and NASA are teaming up to map portions of California, Colorado, Nevada, Arizona, New Mexico and Utah for critical mineral…
Canada Nickel gets US$10M loan for post-feasibility work at Crawford
Canada Nickel (TSX-V:CNC; OTCQB: CNIKF) has secured a US$10 million loan facility with Auramet to continue advancing its 100%-owned Crawford nickel-cobalt sulphide project in northern…
TSX falls during Sept. 19-23 trading week
Stocks were pummelled over the Sept. 19-23 trading period as investors fled, fearing a global recession brought on in part by central banks raising interest…
Electra to refine cobalt in Ontario for LG as EV demand surges
Toronto-based Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) signed its first production agreement for North America’s only cobalt refinery today, agreeing to supply LG Energy…
Glencore eyes adding lithium to its trading business
Mining and commodities giant Glencore (LSE: GLEN) is said to be evaluating the addition of lithium to the suite of metals it trades, as the…