Biden makes electric vehicle credits elusive in bid for US auto renaissance The guidance released Friday clarifying provisions of the IRA will leave few EVs eligible for up to $7,500 credits as of April 18. Bloomberg News | March 31, 2023 | 8:03 am
Chinese lithium producers set price floor as demand evaporates – sources The move would come as prices plunge on a significant slowdown in demand for EVs in China. Reuters | March 31, 2023 | 7:46 am
South Africa pushes to delay coal plant closures With blackouts often exceeding 10 hours a day, the government is under pressure to hold on to whatever generation capacity it has. Bloomberg News | March 31, 2023 | 7:39 am
Illegal Amazon miners are expanding into copper as prices surge Earlier this month, agents dismantled illicit mines in Canaa dos Carajas, near Vale’s Sossego mine. Bloomberg News | March 31, 2023 | 7:33 am
Mercedes-Benz is “able and willing” to invest capital in mining – CEO The company has opened up a raw materials office in Canada to further discussions in the region on sourcing raw materials. Reuters | March 31, 2023 | 7:25 am
BMW bets on design and recycling, not mining, to lower battery costs Automaker not planning to take stakes in mines. Reuters | March 31, 2023 | 7:25 am
Fourteen miners dead in Sudan, dozens injured in mine collapse – official Part of a mountainside collapsed near al Jabal al Ahmar mine, located 70kms away from Wadi Halfa city. Reuters | March 31, 2023 | 7:11 am
Danakali sells stake in flagship Colluli potash project in Eritrea Buyers Sichuan Road and Bridge Group have paid $105 million. A second instalment of $16 million is expected within the next six months Cecilia Jamasmie | March 31, 2023 | 6:20 am
Mining people: Lundin Mining, Power Metals, Silver Mountain Key moves in the mining sector. Staff Writer | March 31, 2023 | 6:14 am