Rare Earth Mining News

Bacanora Lithium extends footprint in Germany with new licence

The company has secured a second five-year exploration licence in the Erzgebirge (meaning Ore Mountain) region of Saxony, which completely encloses its Zinnwald project.

Chinese electric vehicle makers are gorging on nickel

New report shows in January 2019, the Chinese market saw 253% more nickel deployed in passenger EV batteries compared to a year ago.

Amnesty accuses electric vehicles makers of using unethically sourced minerals

The problem, says Amnesty, is that no country legally requires companies to publicly report on their cobalt supply chains.

Taxes and royalties paid by Australian miners equivalent to Federal Government education spending

Aussie miners paid A$30.6 billion in company tax and royalties in 2017-18.

China becomes world's biggest importer of rare earths – analysts

For least seven key rare earths - including praseodymium, used in magnets, and yttrium, used in ceramics - China was a net importer in 2018 for the first time in more than 30 years.

Luxfer’s acquisition of Neo Performance falls through

The Manchester-based company had agreed to acquire Neo for $612 million in cash and stock.

Tianqi Lithium to name three directors to SQM board next month

The world’s No.3 producer of the metal used in electric vehicle batteries said the candidates will be “fair” and “responsible toward shareholders”.

Lynas auditors flag 'material risk’ for the rare earths miner over Malaysia conditions

Ernst & Young report raises concerns about the company’s future due to Malaysia’s order to remove its radioactive waste by September.

Belgian fast-moving 'caterpillar' in deep sea copper, cobalt race

U.N. talks are working out regulations on mining in international waters, which may appeal to companies struggling to find new reserves on land.

Nornickel expects bigger palladium supply deficit in 2019

The global palladium market deficit is forecast at 800,000 ounces compared with 600,000 ounces in 2018.

Europe’s push for EVs a boon to Savannah’s Portugal lithium project

The company is close to making a decision on developing Mina do Barroso mine, which could become the first European supplier of spodumene, a lithium-bearing mineral.

Canadian miners had a tough 2018, but optimism remains — EY

Ernst & Young’s Canadian Mining Eye index, which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior miners — dropped 2% in the last quarter of 2018.

Technology to redesign 77% of Australian mining jobs over next five years — report

An injection of A$5 billion to A$13 billion in workforce capability will be needed over the next decade.

Tin use in batteries may rise to 60,000 tonnes by 2030-industry group

The global tin market is expected to move into a surplus of 500 tonnes this year from a 7,500-tonne deficit in 2018.

Petro-Canada to build first coast-to-coast network of fast EV chargers

More than 50 EV stations will be located along the Trans-Canada highway from Nova Scotia to British Columbia.

Cost parity by 'early 2020s' will be electric vehicle tipping point

Improving battery technologies will mean that even long-haul trucks could be economically electrified during the second half of the next decade.

Nickel rally fades, electric vehicle buzz doesn't

Was it another false dawn for the nickel market?

Livent swings to quarterly profit on rising lithium demand

The company, which produces lithium in Argentina, posted net income of $25.9 million, or 18 cents per share.

Minerals Council of Australia calls for tax, workplace law reform

According to the industry group, such reform would encourage additional investment in capital and technology.

Fourteen NGOs oppose LME plans to ban tainted cobalt

Is the LME trying to create a reputational green wash that allows it to say its members source responsibly because they tick some boxes?

Congo 2018 copper output up 12.9 percent to 1.2m tonnes -Chamber of Commerce

Output of cobalt rose 43.8 percent to 106,439 tonnes, while gold production increased by 22.6 percent to 28,539 kg.

Bolivia picks Chinese partner for $2.3B lithium project

This deal gives Beijing a second chance in Bolivia after Xinjiang TBEA beat six rivals to partner with Bolivia on Coipasa and Pastos Grandes.

Aussie mining exports broke records in 2018

Coal became the number one export earner in 2018.

Ford says carmakers may need to invest in cobalt mines soon

Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.

Lithium giant's landmark deal is big step to battery 'dream'

Chile's development agency Corfo doesn't know whether the county we’ll ever make vehicles, but it would like to at least see battery parts produced locally.