Lithium prices surge on EV demand from China
Global EV sales were on track to hit 6.3 million units in 2021—nearly double the total of 2020.
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LG Energy Solution becomes S.Korea’s No.2 firm in stellar stock debut
The convincing debut sets the stage for what analysts expect to be another bumper year for Korean initial public offerings (IPO).
Add another 1m tonnes to annual copper demand from EVs
2021 saw a surge in new electrodeposited copper foil manufacturing capacity – just one use leading to a 5-fold increase in copper demand from EVs over the next decade.
Canada says it saw no need to block China firm’s bid for lithium miner
The opposition Conservatives said the Liberal government should have blocked Zijin Mining from buying Neo Lithium.
Mining People: Asante Gold, Azimut Exploration, Canada Nickel, GoldHaven, K2 Gold, Labrador Uranium, New Pacific
Management appoints announced this week include: Advance United Holdings welcomed Kevin Glendenning as chief technology officer. Jon Grygorceiwicz is CFO at Asante […]
Teck chooses Caterpillar to decarbonize haulage fleet
Teck's goal is to reduce the carbon intensity of its operations by 33% by 2030 and be a carbon-neutral operator by 2050.
Hindustan Zinc says prices to stay strong due to power costs
High power prices could leave some smelters unable to operate, CEO Arun Misra said.
Pure Gold raises C$25m to ramp up Red Lake mine; AngloGold ups stake
The PureGold mine is one of the highest grade gold mines on the globe, with probable resources averaging 8.97 g/t gold.
Gold price back below $1,800 on hawkish signals from Fed
Despite the latest setback, Goldman Sachs has raised its 12-month outlook for gold to $2,150/oz from $2,000/oz.
