The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…
Demand for ‘green energy’ metals like copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients….
Chile will open a tender for the exploration and production of 400,000 tonnes of lithium in an effort to reclaim market share and meet growing demand for the metal used in electric vehicles and high-tech devices. The copper-producing nation,…
Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia’s Prony Resources, which guarantees the U.S. carmaker about 42,000 tonnes of the metal needed to produce the…
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) CEO Mike Henry says the company is ready for a strategic shift out of its geographical, advanced-economies comfort zone into “tougher jurisdictions” as…
The United States is narrowing the gap with China when it comes to the race to dominate the battery value chain, according to BloombergNEF’s second annual Global Lithium-Ion Battery Supply…
Albemarle (NYSE: ALB), the world’s top lithium producer, says it will buy China-based Guangxi Tianyuan New Energy Materials for about US$200 million, as part of its plans to boost lithium conversion capacity. …
A new collaboration between Curtin University and The Australian National University (ANU) aims at helping Australian miners better identify, characterize and extract critical minerals to ensure the long-term viability of…
South African precious metal miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has taken a 50% stake in ioneer Ltd’s (ASX: INR) lithium-boron project in Nevada for US$490 million. The deal is…
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill…
The study shows an after-tax internal rate of return (IRR) of 25.4% and net present value (NPV) of $127.9 million.
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