July 20, 2018 Thieves jump on cobalt craze with $10m warehouse heist The explosion in cobalt prices over the past two years has made the metal enticing for crooks, with each ton fetching $82,500.
July 20, 2018 Tesla’s battery maker suspends cobalt supplier amid sanctions concern Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba.
July 19, 2018 Bacanora Lithium changes its mind on how to fund flagship Sonora mine It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.
July 19, 2018 Tariffs lay bare Washington’s rare earths dilemma 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.
July 19, 2018 Miners wrote off almost one-third of investments over last decade 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.
July 18, 2018 Australia’s Northern Minerals makes first rare earth from pilot plant 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.
July 18, 2018 Peru unit of Plateau Energy finds one of ‘world’s largest’ lithium resource 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.
July 17, 2018 Quarry to use drones, AI for tracking inventory Wendling says the service is more efficient, safer and accurate. The quarry operator can also carry out more frequent surveys.
July 17, 2018 LME moves closer to lithium contract launch with request for pricing providers 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.
Mercuria signs copper concentrate offtake agreement with Bulgarian miner The agreement is for 100% of copper concentrate produced at the Ellatzite mine in 2026. December 30, 2025 | 08:42 am