Lion Copper delivers positive PEA for Rio Tinto-backed Yerington project
The integrated Yerington project has a post-tax net present value (at a 7% discount) of $356 million and an internal rate of return of 17.4%.
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Pentagon plans AI-based program to estimate prices for critical minerals
The US Department of Defense plans to develop a program to estimate prices and predict supplies of nickel, cobalt and other critical minerals.
LME targets Hong Kong as option for warehouse expansion
Chinese rules and regulations alongside resistance from competitor Shanghai Futures Exchange have frustrated LME's attempts to expand its network to China.
Lithium miners warn on plunging profits after price freefall
Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry.
China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project
The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.
Global clean energy spending surges to $1.8 trillion. It’s not enough
Total spending surged 17% last year to $1.8 trillion in installing renewable energy, buying electric vehicles, building hydrogen production systems and deploying other technologies
AI helps capture more CO2 with less energy
With the help of AI, researchers capture 16.7% more carbon dioxide while using 36.3% less energy from the UK National Grid.
Wind, solar to overtake coal in China’s power mix this year
Wind and solar power connected to the grid will account for about 40% of the installed capacity in China, official figures show.
Hecla Mining looks to expand into Latin America
The largest silver producer in the US is eyeing Mexico, Peru and two other countries in Latin America to speed up growth.