Recycling of lithium-ion batteries won’t set off before 2030: Report
The recycling of lithium-ion batteries, used in electric vehicles (EV), is not expected to take off before 2030, which could put more pressure on the mining industry to meet the…
lithium
Noram Lithium PEA places Zeus project in Nevada at $1.29bn NPV
Production over life of mine (LOM) would reach 245.4 million tonnes, averaging 1,093 ppm Li.
Sigma Lithium kicks off construction of largest hard rock project in the Americas
Sigma Lithium (TSXV: SGML; NASDAQ: SGML) has begun building the production plant foundation and infrastructure for its Grota do Cirilo lithium project in Brazil, the largest hard rock lithium deposit in…
US markets fall, Nov. 22-26
The Dow Jones Industrial Average dropped 1.97% o 702.64 points to finish the November 22-26 trading week at 34,899.334, and the S&P 500 fell 2.20% or 103.34 points to 4,594.62….
TSX Venture drops, Nov. 22-26
The S&P/TSX Venture Composite Index fell 4.96% or 49.28 points to 944.05 during the November 22-26 trading week. Spot gold dropped US$57.80 per oz. or 3.13% to finish the wee…
Exploration Projects to Watch Snapshot: Eight companies on the lookout for new deposits
Mining companies are scouring the globe to find new deposits and future mines. Here’s a list of eight companies hunting for base and precious metals around the world. AURION RESOURCES…
Standard Lithium gets US$100 million investment from Koch
Standard Lithium is also exploring opportunities to work with several Koch Industries subsidiaries in key areas of alignment with the its project development needs.
London-based Tembo Capital raises US$380 million for third mining fund
In October, U.K.-based Tembo Capital, a leading investment advisor in the metals and mining sector, closed its third mining fund with commitments of US$380 million. The fund will focus on…
Canada’s Saskatchewan adds lithium to mining portfolio
Prairie Lithium, a private lithium resource and technology developer situated in the heart of Saskatchewan’s resource-rich Williston Basin, reached a milestone this week as it finished drilling the province’s first…
For the world to hit net zero, global mining industry needs to ramp up capex
The global mining industry may need to nearly double its annual capital expenditure (capex) if the world is to cut its climate-changing carbon pollution to net zero by 2050, according…
Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…
Lithium Americas trumps CATL with US$400 million offer to buy Millennial Lithium
The offer represents a 22.1% premium over CATL’s previous bid of $377 million.