Canada’s decarbonization plan mum on metals and mining
It is said that to produce any good, what cannot be grown must be mined. By this token, governments and the general public tend to conveniently forget that the energy…
Battery metals
Glencore to supply cobalt to GM in multi-year deal
Miner and commodities trader Glencore (LON: GLEN) has inked a multi-year agreement with General Motors (NYSE: GM) to provide the automaker with cobalt from its Murrin Murrin operation in Australia. The…
Western Australia is world’s new top mining destination
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest…
BHP’s Nickel West to be fully powered by renewables
BHP (NYSE: BHP; LON: BHP; ASX: BHP) has secured enough renewable energy to cover 100% of the power requirements of three of its major nickel operations in Western Australia, following…
Lithion Recycling receives $22.5M funding from the Quebec government
Lithion Recycling has received $22.5 million in funding from the Quebec government, including a $15 million equity investment in the company’s capital stock through Investissement Québec and $7.5 million in…
Miners welcome Biden’s Defense Production Act use as ‘urgently’ needed
Mining companies and analysts have described U.S. President Joe Biden’s decision to authorize the Defense Production Act to increase battery metals production and reduce the country’s reliance on China and…
Serbian elections to reshape debate on Rio Tinto’s Jadar project
Rio Tinto (ASX, LON: RIO) might have the licence for its $2.4 billion lithium project in Serbia reinstated should the country’s pro-mining president, Aleksandar Vučić, and his ruling Serbian Progressive…
RANKED: World’s biggest nickel projects – 2022
Nickel is used mainly in the steelmaking process, but also in production of batteries for electric vehicles, and it is the metal that has grabbed the most headlines so far…
TSX Venture Exchange rises, Mar. 21-25
The S&P/TSX Venture Composite Index rose 19.65 points or 2.3% over the Mar. 21-25 trading week to end at 866. The top two gainers on the Venture Exchange by value…
Commodity price spikes could signal lasting market changes – report
Market analyst Wood Mackenzie warns that the ongoing metals and mined commodity price spikes, combined with heightened geopolitical tension, could result in long-lasting market changes. In recent months, factors including…
Vale Canada to supply low-carbon nickel for EV market
Vale (NYSE: VALE) has struck a multi-year agreement to supply Swedish lithium-ion battery manufacturer Northvolt AB with low-carbon nickel from its Long Harbour refinery in Newfoundland. Details regarding volume and…
Canada’s capex raising credentials remain a siren call for mine developers
For more than a century, Canada has been the global leader in capital formation for the mineral exploration and development industry. However, in the wake of modern demand for niche…