Follow the money trail to critical metals
One investing strategy in mining is to watch the insiders. By insiders, I mean the big players in the industry. That is, the directors of multi-billion-dollar companies, mining magnates and…
Albemarle
JV Article: Automaker Stellantis takes 19.9% stake in Argentina Lithium subsidiary
Amsterdam-based carmaker Stellantis (NYSE: STLA), whose iconic brands include Alfa Romeo, Chrysler, Citroën, Fiat, Opel, Maserati, Peugeot, Jeep and Vauxhall, has invested US$90 million equivalent in Argentine pesos in Canada’s…
Rinehart buys 18% in Azure Minerals to block SQM takeover
Australia’s richest woman Gina Rinehart’s Hancock Prospecting said on Friday it had acquired 18% of Azure Minerals (ASX: AZS), in a strategic move aimed at checking Chilean lithium giant SQM’s…
Rinehart may block SQM’s $1B takeover bid of Azure Minerals
Australian billionaire Gina Rinehart, who recently thwarted Albemarle’s (NYSE: ALB) attempt to buy Liontown Resources (ASX: LTR), is now said to be evaluating ways to block Chilean lithium giant SQM’s A$1.6…
Rinehart closer to blocking Albemarle’s takeover of Liontown
Australian billionaire Gina Rinehart’s company Hancock Prospecting has once again increased its stake in Liontown Resources (ASX: LTR) to 16.7%, becoming the company’s largest shareholder. Australia’s richest person has been…
Albemarle, Caterpillar team up to bring zero-emissions lithium mining to North America
Albemarle (NYSE: ALB), the world’s largest lithium producer, is collaborating with mining equipment manufacturer Caterpillar (NYSE: CAT) to support the full circular battery value chain and sustainable mining operations. The partnership…
Codelco in talks with Australia’s Lithium Power on potential deal
Australia’s Lithium Power International (ASX: LPI) confirmed Thursday it was in talks with Chilean state-owned copper miner Codelco about a potential deal to jointly mine for the battery metal in…
Stellantis invests US$90M in Argentina lithium explorer for nearly 20% stake
Stellantis, the automaker behind Chrysler and Alfa Romeo among others, is buying almost a fifth of Argentina Lithium & Energy (TSX-V: LIT; US-OTC: PNXLF) for US$90 million. The deal with…
Great Southern Copper expands into lithium in Chile
Great Southern Copper (LSE: GSCU) announced on Wednesday it had secured the Monti lithium project in Chile’s Salar de Atacama salt flat for US$2.26 million ($3 million). The U.K.-based mineral…
Billionaire Rinehart’s Hancock Prospecting takes major stake in Liontown
Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday market rumours indicating her company had increased its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted…
Allkem update more than doubles James Bay lithium resource to 110M tonnes
An update to Allkem‘s (TSX: AKE; ASX: AKE) James Bay lithium project in northern Quebec has increased the resource by 173% over its previous estimate from December 2021, the company…
Albemarle moves ahead with Kemerton plant expansion
It has awarded a A$200 million ($135m) contract to engineering company Monadelphous Grouppertaining.