The Chilean lithium producer expects demand to grow about 17% in 2019 to at least 315,000 tonnes, compared to the less than 260,000 tonnes it totalled last year.
Battery Metals Mining News
Copper output in Africa’s second largest producing country could decline by as much as 100,000 tonnes this year, adding to recent, sharp declines at the world’s main producing nations.
The world's largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure does.
The Australian miner, the world's only major producer of rare earths outside China, said the A$500 million-plan ($346 million) aims to boost production, appease Malaysian regulators and fend off takeover attempts.
If successful, talks will see him move to develop the Nimba deposit on Guinea’s border with Liberia, which has sat undeveloped for years.
Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef Project in South Africa.
No decision will be made until the end of 2020, when the company expects to have completed a study on the Jadar, which is estimated to contain 10% of the world's lithium reserves.
The introduction of new, tougher standards point to a harsher, less forgiving approach to enforcement and larger fines for mining companies that fail to complain to regulations as well as environmental and social expectations.
Talison Lithium, a partnership between China’s Tianqi and U.S. group Albemarle, obtained an environmental approval for the A$516-million ($361m) expansion of the Greenbushes mine in Western Australia.
Gay Huey Evans, one of the best-known women in European finance, will replace Brian Bender when he retires from the board in December.