While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market.
Rare Earth Mining News
The need to store electricity, generated by renewable energy sources such as wind and solar, will also help demand to grow, the Metal Bulletin says.
The value of exports of the metal from Chile, one of the world's top producers of lithium, jumped 51 percent in the first seven months of the year.
Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.
The world’s automakers “don’t worry about lithium supply anymore” – Simon Moores.
Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
Rainbow, the rare earth element mining company, is pleased to announce an operations update from its Gakara Project in Burundi ('Gakara') for the three months to 30 June 2018.
Australian explorer Northern Minerals (ASX: NTU) is set to officially open their Pilot Plant on July 27 which marks a significant milestone in the Company’s goal of becoming the most significant producer of Dysprosium outside of China.
Base Titanium posts record quarterly production of the mineral rutile in Kenya.
Locking in supplies of key battery raw materials lithium and cobalt has been a headache for electric car manufacturers, but these days it’s the supply of nickel and graphite that’s keeping them up at night.
The expansion, on top of a $238 million upgrade due for completion in April, will double the mine’s production to 1.95 million tonnes a year of lithium concentrate a year from 2020.
Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.
Anglo American Platinum kept the dividend tap flowing as it reaps the benefits of a pivot to mechanised mining that has lifted productivity and cut costs.
The $502-million transaction makes the Chinese company Arab Potash's majority shareholder.
It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.
Yttrium is just one a host critical minerals on the list of Chinese imports targeted for the next escalation of the simmering trade war between the two countries.
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
Company aims to be the first significant world producer outside of China of dysprosium, used by electric vehicle makers in the manufacturing of engine magnets.
Company plans to complete a feasibility study next year, which will reveal whether the proposed $800 million, underground lithium-uranium mine can and should be built.
Financial Times says the LME will launch a cash-settled lithium contract in the second half of 2019, which would allow traders to speculate on prices for the metal.
Canadian junior MGX has entered into an option agreement to earn into the Kibby Basin lithium brine project, in Nevada.
A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier this week, the company and a union said on Wednesday.
Shipments of the key ingredient for making batteries that power electric cars and high tech devices climbed 47% in 2017 to $684.2 million.
MGX Minerals is rolling out technology that cleans and harvests lithium from wastewater generated by oil and gas – 80m barrels a day in North America alone.
Despite bullish forecasts for global demand, lithium may have a funding problem.