Australian Strategic Materials inks deal to sell rare earths to US magnet maker
Australian Strategic Materials will supply about 60% of USA Rare Earth’s needs for the making of permanent magnets for EVs and wind turbines.
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Britain agrees deals on clean energy, critical minerals with Zambia
The foreign ministry would agree on a UK-Zambia Green Growth Compact, aimed at generating £2.5 billion pounds of British private sector investment.
Solitario Resources stock lifted by Newmont investment
Newmont has become its largest controlling shareholder following a $1.8m investment.
How Rainbow Rare Earths plans to bootstrap itself onto the global stage
The company will use a technologically innovative approach to produce high-purity separated magnetic rare earth oxides from waste phosphogypsum stacks.
Graphex Technologies inks graphite supply deal with Syrah Resources
Agreement will provide Graphex with a diverse supply of raw materials in line with its plans to bring domestic processing facilities online to supply automakers and battery gigafactories.
Albemarle boosts profit forecast on surging lithium demand, shares jump
The company posted net income for the second quarter ended June 30 of $650 million, or $5.52 per share.
Sayona ships NAL lithium concentrate, begins revenue stream
The shipment totaled 25,000 tonnes of spodumene concentrate to be sold into the global spot market via a major trading company.
Codelco sees copper output bottoming out with recovery in sight
Its chairman said the $3.5 billion to $4 billion a year Codelco is spending will ensure production over the next five decades.
Oil driller Pioneer is trying to mine lithium from dirty fracking water
The company is testing whether it’s feasible to extract minerals from the large amounts of dirty water generated by drilling in the Permian Basin.