SQM to spend $3.4 billion by 2025 as profit tripled
The world’s second-largest lithium miner's net income hit $3.9 billion in 2022, compared $585.5 million the previous year.
Cecilia Jamasmie , Editor-in-Chief
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BHP seeks to tighten grip on South America’s copper sector
BHP officials met with Argentinian authorities this week, expressing interest in increasing investments in the San Juan province.
Armenia approves restart of Amulsar gold mine
Lydian broke ground at Amulsar in 2016, but development was indefinitely halted two years later over pressure from environmental activists.
Recharge Industries grabs failed startup Britishvolt
The Australian firm has bought Britishvolt, which planned a battery factory in the UK to power EVs, out of administration.
Jindalee claims McDermitt project is the largest lithium deposit in US
The Australian miner says its project, on the Nevada-Oregon border, has overtaken Lithium America’s Thacker pass by contained lithium in mineral resource.
Eldorado says gold production to grow 55% over five years
Addition of the Skouries gold-copper mine in northern Greece will boost Eldorado's output to 675,000-735,000 gold ounces by 2027.
Rio Tinto to spend $40m on Diavik diamond mine expansion
The approved first phase of the expansion project will extend Diavik’s productive life to at least early 2026.
Anglo American takes $1.7bn writedown on British fertilizer mine
The miner estimates it will spend $1bn per year to bring Woodsmith into production by 2027, both a higher cost and longer timeframe than previously expected.
McEwen Copper seeks $4B to advance Los Azules
Global lenders, agencies and partners line up funding as Argentina re-emerges as a key copper investment destination.