Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp
The deal would value the Belgian company, founded in 2020, at $275 million.
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Congo’s Gecamines and Entreprise Generale du Cobalt sign mining deal
Created by government decree in December 2019, EGC was granted a monopoly on artisanal cobalt produced in the country.
India’s Ola Electric considers bid for lithium mining rights
Lithium is important for the e-scooter maker, as it plans to locally produce lithium-ion batteries used in electric vehicles.
Li-Metal completes concept study for world’s first carbonate-to-metal lithium plant
The facility would have an annual capacity of 1,000 tonnes of lithium metal.
Cybertruck: Musk needs mines
Powered by Tesla’s own made-in-Texas batteries, the stainless steel Cybertruck carries a heavy load of nickel, cobalt, manganese, graphite and lithium.
Some Russian banks may have swapped gold for dollars, report says
Russia has faced a shortage of dollars and euros as it’s increasingly shut out of the western financial system.
American Rare Earths boosts tonnage at Halleck Creek project in Wyoming
There are now 2.34 billion tonnes of material grading 3,196 parts per million total rare earth oxides.
Tsingshan’s 2023 nickel output jumps to record high
Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit.
At least six killed, dozens missing in a southern Philippines landslide
The landslide happened on Tuesday night outside a gold mining site in the town of Maco.
