Electric vehicle production set to surge in 2023 despite low sales
Starting next year, a wave of new electric vehicles from pickup trucks to middle market SUVs and sedans will hit the world's major markets.
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Ivanhoe Mines hits back at Sentry, Globe and Mail reports on police search of Vancouver office
Police searched the miner's office in November 2021 seeking information on $2.7 million in bank transfers from Ivanhoe to a Swiss bank account in connection with contracts for its Congolese mining operations.
WTO on ‘thin ice’ with metals tariff ruling, US trade chief says
The WTO ruling, issued earlier this month, “really challenges the integrity of the system,” Trade Representative Katherine Tai said.
Canada Nickel acquires former Texmont nickel mine
The historic mine is situated between the company’s Deloro and Sothman properties south of Timmins, Ontario.
Ioneer’s lithium-boron project in Nevada moves into final permitting stage
The company has been unable to get federal permits because public lands near the project are home to an endangered wildflower.
Toronto hedge fund surges 39% on lithium bets
The Vivid Energy Fund is short companies that focus on direct lithium extraction, such as Vancouver-based Standard Lithium.
Samarco expects iron ore pellet production to rise up to 11% in 2023
Samarco Mineracao expects to end 2022 with production of 8.1 million tonnes of iron ore pellets, up 5.2% on 2021.
Perpetua awarded up to $24.8m under US Defense Production Act; stock jumps
The DPA funding allows the company to advance the construction readiness of the Stibnite project while the company continues through the ongoing permitting process.
Iron ore price retreats on surging China covid cases
China is in the first of an expected three waves of covid cases this winter.
