Rare Earth Mining News

German battery maker Akasol plans Frankfurt listing in June

The company is planning to sell new shares worth about 100-125 million euros ($117-$147 mln) in a deal valuing it at about 400-500 million euros.

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

Vietnam sets out green ambitions with bold targets for solar, rare earth

Vietnam is aiming to increase the use of household solar energy equipment to 12 percent by 2020, and 26 percent by 2030.

Shares in lithium giant fall on disappointing auction

Chilean lithium producer SQM shares punished after $1 billion of shares auctioned below ruling price.

Electric vehicles on the road to triple by 2020 — IEA

The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.

Biggest electric vehicle battery IPO valuation cut in half

Time to curb your enthusiasm about the electric vehicle boom and surging demand, prices for lithium, cobalt, nickel, rare earth and graphite?

Australia's Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln

The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.

In lithium hot spot, ghost towns recall another boom gone bust

While lithium today isn’t the linchpin of Chile’s economy (that would be copper), miners are aggressively expanding production.

Lithium price: Massive supply response gets underway

SQM, world no 3 lithium miner, plans to nearly quadruple capacity in fewer than three years – to the equivalent of 84% of global output last year.

Chile high court declines to weigh in on lithium spat at Maricunga

In a written decision, it said it was "the responsibility of the lower-court judge" who is reviewing the case and was not a constitutional issue.

What are "critical" minerals and what is the US going to do about them?: Andy Home

The Trump administration is strategizing to reduce import reliance for metals "critical to the economic and national security of the United States."

Mergers and acquisitions in Canada stage exceptional comeback in Q1

However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018.

Chile's SQM says will boost lithium capacity by 2021

Chilean miner SQM said on Thursday that it would invest $525 million to boost its lithium production capacity in Chile through 2021.

Mining companies still reluctant to tap Argentina deposits

Lack of clarity on environmental rules, overlapping federal and local taxes, and regulations that vary from province to province continue to loom over proposed mines.

Petro-Lithium production represents diversification of Alberta’s energy economy

Alberta's E3 Metals Corp. developed a chemical extraction process that allows lithium to be produced in hours.

China's Chilean entry raises doubts about lithium price outlook

SQM shares plunge after Tanqi Lithium acquisition seems to indicate cooling fervour for lithium assets.

China’s Tianqi Lithium buys minority stake in SQM for $4.1bn

The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.

Young Australians oblivious to mining

Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.

Chemists find new way to create lithium metal electrodes for batteries

The experts developed a new process for creating lithium metal that may boost the energy and capacity of rechargeable batteries.

Canadian explorer looking to restart Europe's last tin mine to list in London

Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.

Nutrien speeds up sale of $4bn-stake in Chilean lithium giant SQM

The world’s largest potash miner said it expected to have an announcement on the matter by the end of June.

Private firm takes on Codelco for control of Chile lithium deposit

Australia's Lithium Power International and Canada's Bearing Lithium have sued Chile to block state-run Codelco from exploiting a lithium deposit where both have claims.

China lithium top player boosts investment in emerging Australian miner

Chinese companies continue to aggressively try securing steady supply of lithium, a key ingredient in the making of batteries that power electric cars.

Tesla delivers bad news for cobalt price, boost for rare earths

Electric vehicle manufacturer has reduced cobalt usage in its batteries by 59%.

Battery metals supply crunch to slow near-term EVs growth — Moody's

Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.