Global carmakers now target $515 billion for EVs, batteries Global automakers are amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets. Reuters | November 10, 2021 | 10:51 am
Vedanta unit sees global sustainability focus boosting zinc use The company expects refined zinc and lead production of 980,000 to 990,000 tonnes this fiscal year. Bloomberg News | November 10, 2021 | 10:42 am
King sinks Impala plan to create world’s no. 1 platinum firm The investment arm of the Bafokeng nation switched sides at the last minute to back a bid for its stake in RBPlat from Northam. Bloomberg News | November 10, 2021 | 10:33 am
Value of battery metals in new electric cars set new record MINING.COM’s EV Metal Index hit a new all-time monthly high as lithium, nickel and cobalt prices continue to rise. MINING.com Editor | November 10, 2021 | 10:32 am
Steppe Gold secures $65 million to fast-track ATO Phase 2 build A recent feasibility study details a further two years at the producing oxide phase and a 10.5-year expansion. Henry Lazenby | November 10, 2021 | 10:23 am
Egypt’s Sawiris looks to battery metals, awaits nod on gold concessions Sawiris changed the structure of his gold mining company La Mancha this summer to bring other investors into the $1.4 billion fund. Reuters | November 10, 2021 | 9:51 am
BHP extends Noront bid deadline amid talks with Wyloo Move buys BHP and Wyloo more time for discussions over the takeover of Canada's Noront Resources progress. Cecilia Jamasmie | November 10, 2021 | 9:48 am
Lithium rush has 57 firms sniffing around Chilean contracts While the bidding process is still in an initial phase, authorities expect to have news on the contracts later this year. Bloomberg News | November 10, 2021 | 9:43 am
Gold price marches to 5-month peak as tune of inflation amplifies Gold is now on course for a fifth straight day of gains. MINING.COM Staff Writer | November 10, 2021 | 9:36 am