Rare Earth Mining News

Axiom soars on near supply deal for Isabel nickel mine in Solomon Islands

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.

Lynas presses Malaysian authorities to explain plant review status

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.

Rocketing vanadium price primed for 'Elon Musk moment'

"To build a gigafactory of vanadium flow batteries, companies will need to own a mine or lease the fully recyclable vanadium" – Simon Moores.

Battery Minerals hits construction milestones at Montepuez project

Company wants to make sure the mine is in production when the demand and price of graphite takes off, as predicted.

The Californian rare earths mine caught between Trump and China

The rare earths trade between the world’s top two economies is largely one-way, with America reliant on China for about 80 percent of its supply.

Chile greenlights Latin America’s largest desalination plant

The ENAPAC project is meant to serve mainly the mining industry, which is very active in Chile’s dry, but copper and lithium-rich north.

Lynas shares collapse on rumours of review in Malaysia

Malaysian media reported the newly-elected coalition government will shortly begin a three month evaluation of the company's rare earths processing operations in the province of Kuantan.

China’s Ganfeng Lithium lands three-year contract to supply Tesla

Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.

Metminco jumps into the battery metals wagon with nickel project buy

Until now, the Australian miner had been advancing exploration projects in Latin America focused mainly on gold, but with significant exposure to copper, molybdenum and zinc.

Lithium Power closer to start mining at Chile’s Maricunga

The Maricunga project in northern Chile has seen significant past exploration, with over $30 million spent to date.

Chile lawmakers mull additional mining tax for copper, lithium

The proposed tax, to be applied on the nominal value of extracted metals, would affect copper miners that produce more than 12,000 tonnes of the metal and those extracting 50,000 tonnes of lithium a year.

Ruling leaves Kidman, SQM’s Australian lithium project in limbo

Partners may lose their right to develop the Mt Holland lithium project after a recommendation by a unit of the West Australian government that regulates mining leases.

Mining exploration spending in Australia jumps to 5-year high

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

Lithium price plunge claims first victim

Namibia's Desert Lion Energy ceases all operations as Chinese lithium prices plummet to three-year lows – down by half since the start of 2018.

Tesla’s cobalt-light batteries seen providing cost advantage

Batteries made by the U.S. manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up.

Neo Lithium lining up partner for $490m Argentine venture

The project, which straddles salt flats and lakes across 135 square miles near the Chilean border, is billed as having high concentrations of lithium.

Mercedes unveils first Tesla rival in $12B attack

Mercedes-Benz, the world’s largest maker of luxury cars, is rolling out its first in a series of battery-powered models.

A glass half full or a glass half empty for lithium producers

Metal bulletin reasearch’s forecast is for the lithium market to shift into a supply surplus this year and as such we have expected prices to fall.

In Chilean desert, global thirst for lithium is fuelling a 'water war'

In Chile, threats of a government crackdown on over-usage of water often ring hollow. Mines need water, and the country´s copper-driven economy needs mines.

World’s ‘most beautiful’ electric car to hit the road in 2020

Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year.

POSCO to buy lithium mining rights in Argentina from Galaxy

The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.

Reduced cobalt electric car batteries delayed amid price fall

"Poorer life cycle, reduced safety and misrepresented relative cost savings are all major concerns for electric vehicle producers."

Chile’s lithium giant SQM sees prices falling further this year

But the world's second largest producer said they will remain higher than the average reached last year.

Aussie miner ready to export first rare earths from Kimberly region

The Browns Range heavy rare earths pilot plant was officially opened late last month and will make Northern Minerals the only significant dysprosium and terbium heavy rare earth producer outside of China.

Titanium miner Kenmare's H1 profit surges on stronger Chinese demand

Kenmare Resources' pretax profit for the first half of the year tripled as it shipped more finished products to China and other Asian markets.