Vale mulls base metals spinoff to tap EV market
Vale (NYSE: VALE), the world’s no.1 nickel producer, is evaluating a potential spinoff of its base metals division as part of the miner’s growing interest in the electric vehicles (EV)…
lithium
Millennial Lithium achieves high purity battery-grade lithium at Argentinian project
Millennial Lithium (TSXV: ML) announced that it was able to produce lithium carbonate of battery-grade purity from the first batch of brine processed through the company’s pilot plant at its…
Orocobre and Galaxy Resources to merge in $3B deal
Lithium miners Galaxy Resources (ASX: GXY) and Orocobre (TSX: ORL; ASX: ORE) have agreed to a merger that would create a US$3.1 billion (A$4 billion) company, set to be the world’s fifth largest producer…
Friedland: “It’s copper, copper, copper, copper, copper, copper …”
I’ve covered the mining industry for more than a decade and during that time have had many opportunities to listen to presentations and speeches by Ivanhoe Mines’ founder Robert Friedland….
Macquarie joins peers on bullish lithium prices outlook
Lithium shares are on a roll after investment bank Macquarie (ASX: MQG) joined peers in predicting a further increase in prices for the key battery metal driven by increasing demand…
Piedmont grows its flagship lithium project in the US
Piedmont Lithium (NASDAQ: PLL; ASX: PLL), which in September signed a deal to supply Tesla with high-purity lithium, has boosted the resources at its flagship Piedmont Lithium project in the…
Rio Tinto kicks off lithium production in the US
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has kicked off lithium production from waste rock at a plant located at a borates mine it controls in the state of…
Managing the trifecta: Three forces set to power lithium-ion supply chains
The recent grounding in the Suez Canal of the Ever Given, a 20,000 TEU container ship, has highlighted the fragility of global oil supply and need for more resilient supply…
Battery metals snapshot: Eight companies developing critical metals for the future
As the world moves away from fossil fuels, battery metals are in high demand, especially with a shortage of supply from low-geopolitical risk jurisdictions. For instance, earlier this year, Canada…
Piedmont Lithium completes US$122.5 million financing
Piedmont Lithium (NASDAQ: PLL; ASX: PLL) has raised US$122.5 million in a public offering, issuing 1.75 million of its American Depository Receipts (ADS) with each ADS representing 100 of its ordinary…
Piedmont Lithium closes US$122.5 million public offering
Piedmont Lithium (ASX: PLL) has closed a public offering worth US$122.5 million. The deal consists of 1.75 million American Depositary Shares (ADS), with each ADS representing 100 of the company’s ordinary…
Musk Metals grabs Elon lithium project in Quebec
Canadian junior Musk Metals (CNSX: MUSK: US-OTC: GPMNF) is buying the Elon lithium project in Quebec, which would add the coveted battery metal to its gold-focused portfolio. “Fuelled by the recent…