Lithium price plummet due to continue
Australia, which mined about half the world’s lithium in 2022, forecasts the spot price of spodumene will fall to $2,200 per tonne in 2025.
Latest Stories
Buenaventura sees Antofagasta as ally in copper growth plans
While the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan.
Palladium price falls as concern EVs will destroy demand returns to the fore
Commodity analysts said technical factors also played a part.
Maaden sees Aramco fuel price hike hitting earnings
“The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing.
Wealth Minerals releases positive PEA for $1.15bn Kuska lithium project in Chile
Baseline capital expenditures are estimated at $749 million, including $44 million to be spent on additional exploration and permitting.
Endeavour Mining says it fired CEO for ‘serious misconduct’
The removal of Sébastien de Montessus follows an investigation by the board into an irregular payment instruction of $5.9 million issued by him.
CMOC takes Glencore’s cobalt crown as output jumps 170%
Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing.
Pentagon to deliver report on domestic seafloor mining by March
Last month, members of Congress wrote urging the Department of Defense to prioritize planning for seabed mining as a "new vector of competition."
Atico shares surge on long-term extension for La Plata mining concession in Ecuador
This new period of validity for the mining concession is now until 2049.