Sayona Quebec CEO out as lithium miner looks to slash costs
Sayona Mining (ASX: SYA; US-OTC: SYAXF) is responding to the rout in lithium prices with a cost review of its North American Lithium (NAL) operation in Quebec. The project is…
Battery metals
Ghana secures stake in Atlantic Lithium with US$5M investment
Ghana’s state-owned investment fund has secured a 3% stake in Australia’s Atlantic Lithium (ASX: A11), which is building the Ewoyaa lithium project in the West African country, set to be the…
Nevada Sunrise’s Gemini emerges as one of largest US lithium resources
Nevada Sunrise Metals (TSXV: NEV; US-OTC: NVSGF) has posted an initial resource estimate for its Gemini clay lithium project that “exceeded expectations” given the limited drilling the company has done…
BC’s first critical minerals strategy has some asking, ‘Is it enough?’
British Columbia launched its Critical Mineral Strategy at Vancouver’s AME BC Roundup on Monday, proposing 11 actions to boost the mineral sector and attract investment, though some question the plan’s…
Codelco secures its first lithium asset with Australian firm buy
Chilean state-owned copper miner Codelco, the world’s largest copper producer, has secured its first lithium asset in the home country after shareholders with Australia’s Lithium Power International (ASX: LPI) approved…
Albemarle to axe jobs, halt growth, sell Liontown stake
Plunging lithium prices are forcing Albemarle (NYSE: ALB) to cut jobs and defer spending, including on a massive refinery project in South Carolina, as part of a wide-ranging plan to…
Pilbara Minerals expands offtake deal with Ganfeng
Australian lithium producer Pilbara Minerals (ASX: PLS) has increased its sales contract with Ganfeng over the next three years and has the option to further boost the spodumene concentrate tonnage…
At Saudi Arabia’s Future Minerals Forum, the buzz word is partnership
Barrick Gold’s (TSX: ABX; NYSE: GOLD) Mark Bristow and Vale’s (NYSE: VALE) Mark Cutifani like Saudi Arabia’s plan to be a regional financial partnership hub because others racing to develop…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
Norway approves deep sea mining in Arctic Ocean
Norway’s parliament approved on Tuesday commercial plans to open the Arctic Ocean to seabed mineral exploration, despite environmental groups and the fishing industry’s warnings that the move would risk the…
New critical mineral mines in BC could generate nearly $800B, says MABC
In the province of British Columbia, 16 proposed critical mineral mines, worth $36 billion in near-term investment, 300,000 person-years of employment and $11 billion in tax revenues, are at a…
Lithium junior Kali Metals soars on ASX debut, defying market trend
Shares in lithium explorer Kali Metals (ASX: KM1) jumped as much as 86% on its first day of trading on the Australian Stock Exchange, following an initial public offering in…