Osisko Development, O3 Mining create Quebec-focused lithium spinoff
After its formation, Osisko and O3 respectively owned 80% and 20% of Electric Elements' shares.
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Nickel crisis shows LME could learn from China, Minmetals says
The LME has drawn fire from all sides since a massive nickel short squeeze caused prices to quadruple in a few days in March 2022.
Citi delivers around $155 million worth of zinc for rent deal
The US bank is expanding its footprint in metals after it agreed a similar zinc deal in August.
Caisse pumps C$200 million into Swedish EV battery maker Northvolt
The company's entrance into Quebec has been touted by the provincial government as a key part of a strategy to become a major battery-making hub.
Wheaton Precious Metals secures $530m in existing streams
The miner will acquire existing royalty streams on Ivanhoe Mines’s Platreef project in South Africa.
China’s controls on graphite exports “a loud wakeup call” for the US, says Graphex CEO
While there is a need for 200,000 tonnes of graphite to meet demand, the reality is, the current US supply capability is zero.
Torex Gold gets final environmental OK for Media Luna project
Torex said it will invest somewhere between $390 million and $440 million in Media Luna in 2023.
Split views in copper concentrate balance forecast drag on TC/RCs negotiations
Copper miners and smelters are unlikely to settle the annual treatment and refining charges (TC/RCs) for 2024 this week.
Top companies’ lobbying undermines their climate pledges, study finds
A study of 293 companies found that nearly 60% of those are at risk of "net zero greenwash" due to their lobbying.
