A roadmap for green metals after a brutal 2023
Last year was a bloodbath for mining stocks tied to the green energy transition. But with markets rallying in the early part of 2024, ‘green miners’ continue to lag. Unfortunately,…
Albemarle
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…
Lithium price plummet due to continue
Lithium prices are expected to decline further because of rising supplies of the battery metal, subdued Chinese demand and a lacklustre American electric vehicle (EV) market. Australia, which mined about…
Top lithium miners eye partnerships with Chile’s government under new law
Some top lithium miners including China’s Tianqi Lithium Corp., South Korea’s LG Energy Solution and French critical mineral producer Eramet SA have met with Chilean government representatives in the past…
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…
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…