Friedland, McEwen back Power Nickel’s “oversubscribed” $15m funding
The exploration junior has amassed $15 million to expand exploration on its 80%-owned NISK project in Quebec.
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Lithium’s ongoing slump has traders searching for recovery signs
Spot prices of lithium carbonate in China have slid to the lowest since August 2021.
Hedge funds’ bullish copper bets run into China’s slowdown
Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.
Tesla, Yahua ink three-year lithium carbonate supply deal
Currently, there is an existing contract signed for Yahua to supply 63,000 to 88,000 tonnes of lithium hydroxide to Tesla from 2021-2025.
E-fuels offer cleaner alternative to fossil fuels, but production cost a key challenge — report
E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, the firm says.
Beaty optimistic on Mexico ahead of cross-Canada bike trip to Greenstone mine opening
Mexico’s new leader is an improvement while Canada should be careful in blocking Chinese investment, according to the Canadian Mining Hall of Famer.
Nations Royalty listing marks Indigenous milestone
Frank Giustra-backed company joined the TSXV on Friday in what may be Canada’s first Indigenous company to focus on production contracts like net smelter returns.
Copper price slides from record on Chinese stockpiles
High prices also weakened manufacturing demand and may see China switch out copper for aluminum.
The mad scramble for copper
The US Geological Survey reports supply from copper mines in 2023 amounted to only 22 million tonnes. If the copper supply doesn’t grow this year, we are looking at a 6Mt deficit.
