MINING.COM

Lynas to invest $345m in rare earths mine to tap demand

The Mt Weld mine has deposits of rare earths elements neodymium and praseodymium, which are in high demand for making magnets used in electric vehicles and wind energy generation.

Reuters | August 2, 2022 | 6:28 pm

One ‘Zamazama’ dead, 46 arrested in South Africa’s Witwatersrand Basin

About 700 tonnes of gold-bearing material has been recovered.

Henry Lazenby | August 2, 2022 | 4:15 pm

Climate bill would put US back in global race for EV leadership

The bill is a potential boon to many sectors of the green economy, including electric vehicles.

Bloomberg News | August 2, 2022 | 3:16 pm

GM prepaying Livent $198 million for guaranteed lithium supply

Both companies had announced the broad brushstrokes of the deal last week.

Reuters | August 2, 2022 | 1:58 pm

Livent profit jumps on rising lithium prices; 2022 forecast raised

The company reported second-quarter net income of $60 million, compared with $6.5 million in the year-ago quarter.

Reuters | August 2, 2022 | 1:16 pm

Pelosi’s Taiwan trip spurs Chinese battery giant to pause plant debut

Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, has been considering at least two locations in Mexico near the Texas border.

Bloomberg News | August 2, 2022 | 1:15 pm