October 15, 2021 Value of battery metals in new electric cars up 180% to $600m In August, MINING.COM’s EV Metal Index hit the second best total on record as lithium, nickel and cobalt prices continue to rise.
October 12, 2021 Rare earths sector at risk of more substitution if prices spike Demand for rare earth permanent magnets is due to soar as governments and companies step up efforts to cut carbon emissions.
October 6, 2021 GM, General Electric to develop supply chain of rare earth materials for EVs Partnership will evaluate ways to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel.
October 4, 2021 Defense Metals’ stock jumps on drill boost at Wicheeda rare earth property The company plans to mobilize a second diamond drill to expedite its Wicheeda REE deposit resource expansion and drill program in British Columbia.
September 30, 2021 China hikes 2021 rare earth quotas by 20% to record highs The 2021 quota for smelting and separation is 162,000 tonnes, also up 20% on the year.
September 30, 2021 Europe urged to launch fund to spur rare earth magnet output Companies could be offered tax breaks as part of a plan for the EU to produce a fifth of its own rare earth magnet demand by 2030.
September 28, 2021 Australia to set up $1.5bn loan facility for critical minerals projects Australia is a major supplier of critical minerals, such as nickel, copper and cobalt.
September 24, 2021 China to form two rare earth giants to strengthen pricing power Beijing has been restructuring the industry for years into six large state-controlled groups.
September 23, 2021 Value of battery metals in new electric cars surges 177% year-on-year Lithium hydroxide prices are up 162% year to date and average lithium use per electric vehicle basis, including hybrids, jumped 19.5% year over year.
September 22, 2021 Automakers look to hedge against China’s rare earth dominance European automakers are in discussions with Arafura Resources about sourcing elements outside China.
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