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…
Australia, NZ & South Pacific
TNM Drill Down: Apollo rises at Collective Mining’s Guayabales project
Our TNM Drill Down features highlights of the top gold assays from Dec. 29- Jan. 12. Drill holes are ranked by gold grade x width, as identified by data provider…
Energy metals snapshot: Eight companies hunting for green technology metals
Green metals are critical to new decarbonization technologies including lithium-ion batteries, electric and hybrid vehicles, while rising demand for nuclear energy projects is spurring the increase in uranium prices. Here…
Pilbara Minerals expands offtake deal with Ganfeng
Australian lithium producer Pilbara Minerals (ASX: PLS) has increased its sales contract with Ganfeng over the next three years and has the option to further boost the spodumene concentrate tonnage…
First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
Winsome looks to quickly scale up Adina lithium project in Quebec
Just months after unveiling an initial resource for its Adina lithium project in Quebec, Perth-based Winsome Resources (ASX: WR1) is gearing up to grow the deposit, which is located in…
Alcoa to halt production at Kwinana refinery
Aluminum producer Alcoa (NYSE: AA) confirmed on Tuesday that it plans to stop production at its loss-making Kwinana refinery in Western Australia after more than 60 years of operation. The refinery will cease…
TNM Drill Down: Aton Resources hits bonanza gold in Egypt
Our TNM Drill Down features highlights of the top gold assays from Dec. 15-30. Drill holes are ranked by gold grade x width, as identified by data provider Mining Intelligence….
Lithium junior Kali Metals soars on ASX debut, defying market trend
Shares in lithium explorer Kali Metals (ASX: KM1) jumped as much as 86% on its first day of trading on the Australian Stock Exchange, following an initial public offering in…
Core Lithium halts mining on ‘tough’ market conditions
Australia’s Core Lithium (ASX: CXO) has halted production at its Finniss operations and flagged a significant write-down on the value of its assets as the effect of the battery metal’s…
China’s CMOC attains cobalt output crown
Rising output from a new African mine helped China’s CMOC Group become the world’s largest cobalt producer over Glencore (LSE: GLEN). CMOC produced 55,526 tonnes of cobalt last year in…
Omnia Metals expands footprint in Canada with Dixie buy
Australia’s Omnia Metals Group (ASX: OM1) is expanding its exploration footprint in Canada with the acquisition of local junior Dixie Gold (TSXV: DG). The deal hands the A$3.8-million market cap…