Financing: US Energy Dept. hands out billions
In mid-December, the U.S Department of Energy announced a conditional loan of US$755 million to battery materials and technology company Novonix to build a plant in Tennessee for manufacturing synthetic…
graphite
Northern Graphite to restart mill, hike prices
Northern Graphite (TSXV: NGC; US-OTC: NGPHF), the continent’s only flake graphite producer, plans to restart its Lac des Iles mill in Quebec next Monday and raise prices for the battery metal….
Supply shortage looms for critical battery raw materials by 2030: McKinsey
Vehicle and battery makers are “likely to confront persistent long-term challenges” in keeping up with demand by the end of the decade, according to a new report by McKinsey &…
Adamas EV metals data show varying demand
METHODOLOGY: To produce the most accurate and granular results, Adamas Intelligence analysis is based on retail end-user EV registrations covering more than 110 countries, and over 180 automakers and nearly…
Governments inject US$50M into Nouveau Monde Graphite for ore-to-battery plans
Nouveau Monde Graphite (NYSE: NMG; TSX.V: NOU) announced a US$50 million equity investment by the Canada Growth Fund (CGF) and the Quebec government – via its agent Investissement Québec –…
Unrest pushes Syrah Resources to declare ‘force majeure’ at Mozambique graphite mine
Allegations of fraud in Mozambique’s general elections in early October have ignited protests and paralyzed mining operations across the country, including Syrah Resources’ (ASX: SYR) Balama graphite operation in the…
Global scramble for critical minerals fuelling protectionism
A growing wave of protectionism is sweeping across 72 nations, as governments scramble to secure access to critical minerals essential for strategic industries, new research by global risk intelligence firm…
China leads world in energy transition, Wood Mackenzie says
The world’s second-largest economy leads the energy transition and is on track to source half of its power from low-carbon energy including hydro, solar, wind, nuclear and energy storage by…
Quebec appeals ruling that scuttles online mapping claims due to Indigenous rights
In many mining jurisdictions across Canada, exploration companies can go online to a government-maintained web portal and designate on a map the claims they wish to explore. By clicking and…
Energy Fuels MOU with Madagascar unlocks path for US$2B Toliara project
Energy Fuels (TSX: EFR; NYSE: UUUU) has an initial agreement with Madagascar clearing the way for a final investment decision on its US$2-billion Toliara critical minerals project by early 2026. …
China has ‘weaponized’ global critical mineral supply chain, US miners group says
China’s ban on U.S.-bound critical mineral exports is “mineral extortion,” Washington D.C.-based National Mining Association (NMA) president Rich Nolan said on Wednesday. The export ban announced a day earlier targets…
RANKED: Top 20 automakers by EV battery metal spending
While the global electric car market has certainly slowed down from the rapid growth of the last few years, particularly in Europe, year to date unit sales (including plug-in and…