Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.
Albemarle
JV Article: Cypress Development aims to provide a domestic source of lithium for US battery manufacturers
Lithium is a critical metal for the global push for decarbonization. It is needed to produce the rechargeable lithium-ion batteries used in electric vehicles (EVs) and energy storage technologies that…
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap for lithium, as demand for…
Chile to open up 400,000 tonnes of lithium reserves for exploration
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,…
Albemarle to buy Chinese lithium firm for US$200 million
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. …
Top Australian capital raises seek to create mining value
Australia-headquartered miners have been tapping the capital markets in the year to July 14 to raise a total of US$2.33 billion in capital, according to an analysis by the Northern…
Top Ten U.S. miners
Mining in the United States has played a significant role in the country’s development. The Northern Miner presents its annual top-ten list of the largest U.S.-based mining companies ranked by market capitalization,…
Endeavour Silver buys Nevada gold asset for US$100 million
The Bruner gold project is expected to become a low-cost, open pit, heap leach mine operation.
Spearmint Resources advances its Clayton Valley lithium clay project
Spearmint Resources (TSXV: SPMT; US-OTC: SPMTF) has intersected lithium values in all ten drill holes completed at its Clayton Valley lithium clay project, and recently completed its first resource estimate…
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…
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…
Albemarle moves ahead with expansions despite lithium market weakness
Albemarle (NYSE: ALB), the world’s top lithium producer, is moving forward with expansion projects at Kemerton in Western Australia and La Negra in Chile, both of which it expects to…