Tianqi says happy ‘for now’ with stake in SQM
Tianqi last December bought a 23.8 percent share in SQM from Canadian fertilizer company Nutrien for $4.1B, the largest deal in history for a lithium asset.
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China’s rare earths exports fall in May; shipments usually volatile
May's exports fell to 3,640 tonnes from 4,329 tonnes in April, but were not far off the 4,264-tonne monthly average since January 2018.
Finland’s Metso buys Canada’s McCloskey for $317m
Metso said the mobile aggregate equipment market was expected to grow 4-6% annually during 2019-2023.
Five BHP tailings dams could pose ‘extreme risk’ to communities in event of collapse
The Australian miner released risk assessment results in response to pressure from a group of investors that requested information on facilities controlled by nearly 700 mining companies be disclosed.
Outback town that rivaled Manhattan’s prices now gathers dust
Of all the mining-town booms spawned by China’s insatiable appetite for minerals, few were as epic as that of Australia’s Port Hedland.
Bonus schemes play a role in tailings dams failures – research
According to a paper in Resources Policy, such compensation packages actively encourage managers to cut costs and increase production regardless of the risks associated with those decisions.
London Metal Exchange and Fastmarkets to set lithium price benchmark
The exchange will work Fastmarkets to provide the reference price lithium, a key component in the batteries that power electric vehicles and high-tech devices.
Camino Minerals allowed to expand drilling in southern Peru
Expanded drilling at the Chapitos gold-copper project is expected to commence during the latter half of 2019.
New Energy to acquire project near Codelco’s and BHP’s mines in Chile
The project is located along the prolific West Fissure fault system, near the open-pit Escondida mine.
