Iron ore price plunges as China fails to deliver fresh stimulus

Savannah expects to bring the Barroso project onstream as early as possible in 2027.

Patriot believes the Katwaro project will complement its lithium assets and provide jurisdictional diversity.

Cash-strapped Northvolt announced in September that it would slim down and cut jobs.

Price noted that Canada has committed $4 billion over eight years to support critical mineral development, compared to $20 billion that China invested in 2023.

The bank cited tariffs as a key factor behind the sector's more than 10% drop in 2017-2018 during the Trump administration.

Zimbabwe has banned the export of unprocessed raw lithium and “base minerals” to boost domestic processing.

The country has set up a special purpose vehicle that will own certain licenses and then seek partners for their exploration and mining.

The company's LMFP materials feature 80% manganese, instead of the 50-70% typically found in competing materials.

The company is planning to invest heavily in further expansion ahead of an anticipated 2030s demand boom.