W-Australia lithium miners defiant, state throws lifeline
Spodumene producers were surprisingly upbeat on the outlook this week as the Western Australian government stepped in to offer assistance.
Liontown Resources
Mineral Resources halts Bald Hill mine in Australia amid lithium price rout
Mineral Resources (ASX: MIN), which is rallying from a governance probe involving its founder and former CEO Chris Ellison, will shut its Bald Hill lithium mine in Western Australia immediately due…
Australia’s fledgling batteries downstream sector grapples with too-high costs
Australia’s efforts to establish a downstream lithium sector to match its status as the world’s top lithium miner were dealt another blow in late July, when Albemarle (NYSE: ALB) suspended…
Liontown kicks off lithium production in Western Australia
Billionaire Gina Rinehart-backed Liontown Resources (ASX: LTR) has begun producing lithium at its flagship Kathleen Valley project in Western Australia. The first spodumene concentrate, the most common lithium containing hard rock, follows the…
Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
Lithium insights: Interactive map of recent offtake deals
As electric vehicle uptake continues to rise, car companies and original equipment manufacturers (OEMs) are forging new relationships with miners for supplies of lithium needed in EVs. Governments are also…
Liontown takes next step in Olympio’s Mulwarrie lithium project
Liontown Resources (ASX: LTR) will complete a sampling program at Olympio Metals’ (ASX: OLY) Mulwarrie lithium project in the Eastern Goldfields of Western Australia before deciding whether to earn a…
Silvercorp Metals sweetens offer for Tanzania-focused OreCorp
Silvercorp Metals (TSX: SVM; NYSE: SVM) surprised the market on Thursday by increasing its cash offer for African gold developer OreCorp (ASX: ORR) by A$20 million (US$13 million). The improved…
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…
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…