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.

Zinc price hits 14-year high as Nyrstar cuts output

Mining News Pro - Zinc prices climbed to their highest level since 2007 on Thursday on supply concerns after producer Nyrstar announced a plan to cut its output due to high power prices in Europe.

Britishvolt joins Fair Cobalt Alliance

Mining News Pro - UK battery cell technologies company Britishvolt has joined the Fair Cobalt Alliance (FCA), which is committed to developing responsible and fair artisanal and small-scale mining (ASM) cobalt supply in the Democratic Republic of Congo (DRC).

Gold Resource to buy Aquila in $30 million deal

Mining News Pro - US miner Gold Resource said on Wednesday it had inked a deal to acquire Canada’s Aquila Resources Inc. (TSX: AQA) in a $30.9 million transaction that creates a mid-size North American precious and base metals producer.

Friedland-backed Ivanhoe Electric funds South Voisey’s Bay survey

Mining News Pro - Mining magnate Robert Friedland is looking to make another potentially massive base metals discovery about 80 kilometres south of his famous Voisey’s Bay find from 1993.

From minerals to beer, Congo finance minister hunts for cash

Mining News Pro - The Democratic Republic of Congo is intent on revisiting mining contracts, rescinding and reselling unused oil permits and boosting taxes on beer to fund its development plans, according to Nicolas Kazadi, the country’s finance minister.

China's CMOC eyes solar and hydro for Congo copper/cobalt expansion

Mining News Pro - China Molybdenum Co (CMOC) is looking to tap more hydropower projects and potentially use solar energy as it expands its production of copper and cobalt in Democratic Republic of Congo, its vice-chairperson said.

Peru minister says $1.4bn Tia Maria mine a “no go”

Mining News Pro - Peru’s economy and finance minister has cast further doubts about Southern Copper’s (NYSE: SCCO) long-delayed $1.4 billion Tia Maria project, in the southern Islay province of the Arequipa region, by saying he believed the proposed mine was “socially and politically” unfeasible.

China to auction another 150,000 tonnes of state metal reserves on Oct 9

Mining News Pro - China will auction another 150,000 tonnes of industrial metals from state stockpiles on Oct. 9, the National Food and Strategic Reserves Administration said on Monday, as it continues with a rare release of inventories aimed at cooling high prices.

Teck Resources cuts zinc output forecast on British Columbia fires impact

Mining News Pro - Teck Resources, Canada’s largest diversified miner, lowered on Tuesday expected refined zinc production for 2021 as widespread wildfires in British Columbia over the summer impacted its operations.

Global passenger EV registrations more than double in a year

Mining News Pro - New registrations of global passenger electric vehicles (EVs) surged by 109% year-on-year during the first six months of 2021, Adamas Intelligence has found in a new report.

Geoscience research unearths southern Australia’s resources potential

Mining News Pro - New data from the Australian Government’s Exploring for the Future initiative could benefit the mining of minerals such as copper, gold, lead and zinc in southern Australia.

BHP inks exploration deal with Gates and Bezos-backed KoBold Metals

Mining News Pro - BHP has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, to look for critical materials used in electric vehicles (EVs) and clean energy technologies.

New Century zinc exploits receive Senex gas boost

Mining News Pro - New Century Resources will receive seven petajoules (PJ) of natural gas over the next three years from Australian energy company Senex to support the mining company’s zinc production.

‘No small feat’, says Vedanta as Lisheen receives closure certificate

Mining News Pro - The Lisheen mine, in Ireland, has formally transitioned into aftercare, signifying the completion of mine closure plan which started in 2015 when production at the former underground zinc and lead mine ceased.

First Cobalt secures $45m for refinery construction

Mining News Pro - Battery materials company First Cobalt has secured a $45-million debt and brokered equity financing package for the construction of its refinery in Ontario, it announced on Monday.

Global lead production to recover by 4.6% this year

Mining News Pro - Global lead production is forecast by data analytics and consulting company GlobaData to recover by 4.6% and reach 4.69-million tonnes this year owing to increased output from mines in China (+3.3%) and Peru (+9.9%).

Tesla, Re|Source to launch final pilot in DRC to trace cobalt from mine to EVs

Mining News Pro - Re|Source, a solution to trace responsibly produced cobalt from mine to electric vehicle (EV), is moving forward with a pilot project in the Democratic Republic of the Congo (DRC) jointly developed with EV giant Tesla.

QPM goes even greener with gas supply deal

Mining News Pro - Queensland Pacific Metals (QPM) has signed a memorandum of understanding for a gas field supply chain, turning its Townsville Energy Chemicals Hub (TECH) into a zero-carbon nickel producer.

Australia to assist India mineral exploration

Australia has taken another step towards becoming a major supplier of critical minerals to India with the release of Austrade’s report, Unlocking Australia-India Critical Minerals Partnership Potential.

Jervois nears capital raise targets

Mining News Pro - Triple listed Jervois Mining has completed A$135-million of it’s A$313-million capital raise.

China Moly commits $2.5 billion to double Tenke Fungurume copper, cobalt output

Mining News Pro - China Molybdenum will invest $2.51 billion to double copper and cobalt production at its giant Tenke Fungurume mine (TFM) in the Democratic Republic of Congo.

​​Civil unrest in South Africa, covid-19 may push cobalt prices up

Mining News Pro - Civil unrest in South Africa, a third wave of covid-19 and supply curbs in the Democratic Republic of Congo may push cobalt prices up to $25 per pound through 2021 from the current average of $23.94 per pound, according to a new report published by Fastmarkets.

Jervois Mining to buy Freeport Cobalt for $160 million

Mining News Pro - Australian miner Jervois Mining said on Tuesday it would buy Finland-based Freeport Cobalt for $160 million in a deal that could make it the second largest cobalt producer outside China.

Korea looks to Australia for reliable battery materials

Mining News Pro - Australian critical minerals miners have caught the attention of Korean battery manufacturers as the east Asian powerhouse looks to diversify its supply chain.

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