Tesla and SQM were exploring opportunities after Tesla expressed interest in buying "important volumes" of lithium hydroxide from SQM.
Latin America Mining News
Cerrejon accounts for 37% of the country's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports.
A Metso Chile Life Cycle Services case has received the 2017 Mining Magazine Award for "Service and support." Life Cycle Services are designed to maximize equipment uptime, ensure the highest end-product quality, and secure continuous production for the customer.
Anglo American's Minas Rio iron ore mine in Minas Gerais state has nameplate capacity of 26.5m tonnes per year.
A 10-day voting period for union members to decide whether to stop work after failed talks ends on Monday afternoon.
The company’s Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.
The approvals will allow the company to modify its original expansion plan, already permitted and now 44 pct complete, which seeks to add another mine level.
The company beat expectations on Thursday with a 5% increase in 2017 production.
Small, opportunistic deals will dominate the global gold mining sector again this year, analysts said on Tuesday.
Receiving the necessary licences would allow the company to continue operating in the state of Minas Gerais, where the iron ore mine is located, for at least another 15 years.
Chile-focused miner also expects costs to rise on tailings dam expenditure.
Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.
Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.
Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalize their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.
An estimated 40.5 million people were directly engaged in ASM last year, up from 30 million in 2014, 13 million in 1999 and only 6 million in 1993.
Indian commodities billionaire said the rally in Anglo American Plc vindicated his personal bet in the mining group.
Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies.
The Canadian company alleges that the South American country is performing “fraudulent transfers.”
"We will meet with the company... after a request from them to present a new offer, the fourth in this negotiation," said the Sintracarbon union president.
"Water demand will increase because it will be necessary to process more material to obtain the same amount of copper": Wood Mackenzie.
Agency also cut a 2013 fine for violations to $11.5 million (7 billion Chilean pesos) from the previous $16 million it had charged Barrick Gold, but later forced to review by an environmental court.
The miner and the current operating union re-established plant access through a road used during construction.
The decline to 903,000 tonnes came despite the start of operations at a new wing.
Tahoe Resources Inc. welcomes the announcement today that Canada will establish the office of Ombudsperson for Responsible Enterprise.
The deal frees the miner to apply for increase in production quota amid demand boom and surging prices for lithium, which is used in EV batteries.