From vacuum cleaners to electric vehicles.
Rare Earth Mining News
The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.
Northvolt's plans are a central part of Europe's effort to compete with Asian rivals such as CATL, Samsung and LG Chem.
The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.
Nutrien’s executive vice-president Michael Webb, described Julio Ponce, the Chilean miner’s top shareholder and former chairman, as a “hypocrite” and urged him to “look beyond himself."
The government has introduced new regulations to ban asbestos and products containing asbestos, but they don't apply to residues left from mining the carcinogenic material.
Albemarle failed to make a "serious" offer for its annual production capacity to be provided at a discounted rate - Corfo
BHP Billiton Ltd. is boosting sales of the top-quality nickel that’s needed for electric vehicle batteries, another sign that the world’s biggest miner is targeting more opportunities in the booming sector.
Government promises action, raising fears of consolidation.
Clean cars, dirty batteries.
Dutch battery maker Lithium Werks BV, founded earlier this year, is investing 1.6 billion euros ($1.85 billion) in a massive lithium-ion cell factory in China as demand for batteries is surging.
CEO Fabio Schvartsman said the company would only invest further in nickel if global prices for the metal rise from $13,000 per tonne currently to around $20,000 per tonne.
The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.
E-bikes would require compact, lightweight, and reliable lithium-ion batteries similar to those that power everything from iPhones to Teslas.
On Oct. 11, Chile's Constitutional Court put the brakes on a $4 billion deal allowing the sale of A 24 percent stake in SQM to China's Tianqi Lithium Corp.
Deputy Minister Fuziah Salleh, a long-standing critic of Lynas’ plant, offered to step down from the committee reviewing the facility following criticism that she would not be impartial.
Chile expects lithium to soon become its second largest mining asset, just behind copper. It's currently the country's fourth biggest export.
A White House/US Department of Defence (DoD) report has recommended direct investment in companies developing domestic sources of graphite and the Canadian junior is one of them.
The Yangibana Project will be Hastings’ first Rare Earths Project on the Australian continent, containing substantial Neodymium and Praseodymium resources. The Project currently spans approximately 650 square kilometers and is located in the Gascoyne region of Western Australia, some 250 kilometers north east of Carnarvon, and will supply the growing demand for new technology metals.
The country's antitrust court has approved a deal between the competition regulator and Tianqi, allowing the Chinese miner to buy a nearly one-quarter stake in lithium producer SQM .
With this development, the Australian miner has now produced both lithium carbonate and lithium hydroxide from Paradox, its flagship project.
Mining at the project in the Pacific nation will start in December, with ore shipments expected to begin in the first quarter of next year.
The newly-elected coalition government is said to be ready to launch a three-month evaluation of Lynas' rare earths processing plant, which may end with authorities denying the company’s operating license renewal in Sep. 2019.
"To build a gigafactory of vanadium flow batteries, companies will need to own a mine or lease the fully recyclable vanadium" – Simon Moores.
Company wants to make sure the mine is in production when the demand and price of graphite takes off, as predicted.