Freyr plans to start a pilot plant near the Arctic Circle in Norway by next year.

The smelter will have an input capacity of 2.4 million tonnes of copper concentrate and an output capacity of 600,000 tonnes.

NeoLith Energy’s approach aims to reduce production time from over a year to weeks.

Mining profits reach $230 billion a year, topped only by oil & gas, pharma; Lithium prices continue to soar – up 88% in 2021; Massive new port could give Vale back iron ore crown.

Investors are betting big on a lithium comeback less than three years after prices of the metal used in rechargeable batteries collapsed.

A report by Wood Mackenzie states that China needs to secure a competitive supply of raw materials to guarantee its clean growth.

The US government is working to help American miners and battery makers expand into Canada, part of a strategy to boost regional production of minerals used to make electric vehicles and counter Chinese dominance.