Biden-backed battery firm plunges after pausing construction
Li-Cycle shares fell as much as 49% in New York on Monday.
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Hedge fund hunts for next Australia lithium winner on deal craze
An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management.
Teck to re-do environmental permit for Quebrada Blanca expansion in Chile
Once submitted, the revised application will tack on around 12 months to the overall regulatory process.
Cochilco says large-scale copper mining costs keep growing
The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.
Teck stock drops to seven-month low on rising cost of flagship copper mine
The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.
Nigeria seeks to tighten rules to curb raw mineral exports
The country has lithium, gold, bitumen and iron ore deposits and is intent on emulating nations such as Indonesia in climbing up the commodities value chain.
Anglo American lowers 2023 copper production guidance
Anglo expects to produce between 830,000 and 870,000 metric tons of copper this year, lowering a previous forecast of 840,000 to 930,000.
Australia boosts critical minerals fund by over $1 billion to attract international investors
The $1.3 billion boost will increase the capacity of Australia’s Critical Minerals Facility to finance mining and processing projects for materials.
Rock Tech Lithium to raise $7.3 million for Georgia Lake, converter projects
Located 160 km northeast of Thunder Bay, Georgia Lake is planned as an open-pit and underground mining project.