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Lithium & Rare Earth News Digest
Thursday 21 September 2017
Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc

Lithium needed for rechargeable batteries used in high tech devices and electric cars might soon be extracted from calderas surrounding dormant supervolcanoes.

Move would seek to secure approval for its friendly merger with smaller rival Agrium, creating the world’s largest potash miner worth about $36 billion.

Active mining concessions add up to 25,716

Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.

Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.

North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.

South Korea’s SK Innovation said on Thursday it has started commercial production of lithium-ion batteries with an increased portion of nickel, while reducing the usage of expensive components such as cobalt to extend battery life and cut costs.

As ever with rare earths, this is all about what is happening in China, the world's dominant producer of these critical materials.

The price of one of the most common lithium ion battery precursor materials, cobalt sulphate, has continued to surge in August by over 14%.

Overall, as much as $750 million out of a total of $1 billion in capital expenditures is expected to be spent in Nebraska to establish the facility.

6 Months Molybdenum Oxide Price
6 Months Cobalt Price
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