Chinese miners eye overseas deals after battery metals slump
Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them lower. Now, with many Western rivals cutting output or shutting down entirely, they want to get even bigger.
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Visit: 122
Patriot Battery Metals hits back at short-seller report
Mining News Pro - Canadian lithium explorer Patriot Battery Metals refuted on Monday claims published in a short-seller report, stating the assertions made by Night Market Research were “factually inaccurate and misleading.”
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Visit: 173
Vale taps ex-Anglo CEO Cutifani to chair battery metals board
Mining News Pro - Vale SA recruited former Anglo American Plc boss Mark Cutifani to lead an independent board that will oversee its new base metals subsidiary, the Brazilian mining giant said on an earnings call Thursday.
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EU inks deal with Chile for easier access to battery metals
Chile, the world’s top copper producer and the second largest lithium miner, will drop tariffs on all imports from the EU, except sugar, and make it easier for European companies to invest in the country, the European Commission said.
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Tesla’s battery metals bill balloons to $100 billion
Mining News Pro - Elon Musk had plenty of advice for the mining and metals industry at the company’s Battery Day event in September 2020, where the road map to a $25,000 Tesla was laid out.
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Visit: 976
Hundreds of new mines required to meet 2030 battery metals demand
Mining News Pro - Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.
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Top 10 trends impacting battery metals
Mining News Pro - Goldman Sachs paper warns it is 'the end of the beginning' for the battery metals bull market
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Toronto Exchange to launch battery metals index
Mining News Pro - Canada’s Toronto Stock Exchange will launch on Tuesday a battery metals index to support the critical minerals sector and offer insights into the energy transition.
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Visit: 688
Sibanye bides time on battery metals push as asset prices soar
Mining News Pro - Sibanye Stillwater Ltd. chief executive officer Neal Froneman plans to resume battery-metals acquisitions within two to three years, once inflated asset valuations come down.
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Visit: 686
Europe’s Green Deal requires massive amounts of battery metals
Mining News Pro - A recent study by KU Leuven University shows that meeting the European Union’s Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and 7 to 26 times the amount of rare earth metals compared to Europe’s current use.
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Automakers go back to the future to secure battery metals
Mining News Pro - Henry Ford was right all along, it turns out.
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Visit: 500
Battery Metals Royalties to acquire 45% interest in Mongolian coal assets from Silver Elephant Mining
Mining News Pro - Silver Elephant Mining and Battery Metals Royalties have announced that they have entered into a binding letter of intent pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant’s wholly owned Mega Thermal Coal Corp. (formerly Asia Mining Inc.), which owns and operates the Ulaan Ovoo and Chandgana thermal coal mines in Mongolia through Mega Coal’s wholly-owned Mongolian subsidiaries for $6.3 million.
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Visit: 639
Biden poised to use Cold War powers to boost battery metals
Mining News Pro - President Joe Biden plans Thursday to invoke Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter.
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Millioners backed firm gets cash injection to find battery metals
Mining News Pro - KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed up efforts to find new deposits of critical metals needed for batteries and clean energy.
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BHP sees need for battery metals more than doubling in 30 years
Mining News Pro - As the pace and shape of the global transition to a greener economy has become a key issue globally, the need for battery metals will grow up to four times in the next 30 years, Vandita Pant, BHP’s chief commercial officer, said on Wednesday at the FT Commodities Asia Summit.
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BHP sees need for battery metals more than doubling in 30 years
Mining News Pro - As the pace and shape of the global transition to a greener economy has become a key issue globally, the need for battery metals will grow up to four times in the next 30 years, Vandita Pant, BHP’s chief commercial officer, said on Wednesday at the FT Commodities Asia Summit.
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Visit: 670
Researchers push for more accurate battery metals demand forecasts
Mining News Pro - Common assumptions that state that demand for battery metals will continue to increase for the foreseeable future, as they are essential for high-performance lithium-ion batteries, may be misleading, a new report by CSIRO states.
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Visit: 646
What the energy transition may bring for five battery metals
Mining News Pro - ING Economics published a new report in which its experts predict what the ongoing energy transition might bring for five key metals – copper, aluminum, nickel, cobalt, and lithium.
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Visit: 833
Gates-backed firm joins Bluejay on battery metals quest
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has partnered with Britain’s Bluejay Mining (LON: JAY) to explore for critical materials used in electric vehicles (EVs) in Greenland.
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NT charges up battery metals development
Mining News Pro - The Northern Territory Government has partnered with the Future Battery Industries Cooperative Research Centre (FBICRC) to advance its foothold on the battery supply chain, including the establishment of new mining projects.
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Sibanye advances battery metals strategy with acquisition of French nickel refinery
Mining News Pro - Precious metals miner Sibanye-Stillwater has taken the next step in expanding its footprint in the battery metals sector by entering into an exclusive put option agreement with French mining group Eramet to acquire the Sandouville nickel hydrometallurgical processing facility, in France, for €65-million.
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Wood Mackenzie boosts battery metals expertise with Roskill buy
Mining News Pro - Wood Mackenzie announced on Friday it had acquired Roskill, a privately-owned company and leader in metals and materials supply chain intelligence, boosting the consultancy’s expertise in energy transition.
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Volkswagen seeks partners for battery metals race
Mining News Pro - Volkswagen is in talks with suppliers to secure direct access to raw materials for electric vehicle (EV) batteries via partnerships, one of its board members told Reuters on Tuesday.
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A nickel refinery tops US battery metals wish list
Mining News Pro - The United States government should invest in nickel refining capacity in coordination with its allies, according to the Biden Administration’s 100-day review of critical supply chains.
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Visit: 650
Canadian Manganese aims to tap into growing battery metals market
Mining News Pro - Mineral developer Canadian Manganese Company (CMC) on Friday announced an agreement with Maximos Metals as part of its vision to create a new technology metals company
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Visit: 841