Cobalt powerhouse doubles down on nickel
Umicore says the burgeoning electric-vehicle industry is switching to high-nickel batteries far faster than expected.
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China scientists discover huge lithium deposit in Everest region
The hard-rock resource has the potential to host the third-biggest mine of its kind in China, according to ScienceNet.cn.
Aurubis CEO upbeat as metals demand, prices high
Aurubis posted an 85% rise in quarterly profits and reiterated increased 2021/22 earnings estimates.
First Quantum hopes for speedy Cobre Panama contract renewal
The document, which has yet to be approved by Congress, will see First Quantum pay $375 million a year plus a royalty of 12% to 16% of the mine's gross profits.
‘Endangered metals’ no longer needed to produce hydrogen from water
Japanese scientists found a way to use cobalt and manganese to produce hydrogen for fuel cells and agricultural fertilizers.
Tesla secures 5-year lithium supply from Liontown
Australia's Liontown Resources will provide the EV giant with more 100,000 tonnes of lithium spodumene concentrate a year, starting in 2024.
Barrick Gold announces $1bn buyback as quarterly earnings jump
Barrick also increased its regular quarterly cash dividend by 11% as it exceeded earnings estimates.
Syrah Resources to expand Louisiana graphite processing facility
Syrah will add 180,000 square feet of real estate to its existing 50,000 square-foot Louisiana facility.
Gold reserves at Venezuelan central bank down to new 50-year low
The bank for decades held more than 300 tonnes equivalent of gold, but between 2015 and 2017 the government began using the precious metal as a collateral for loans with international banks.