October 12, 2024

Rio Takes step toward M&A redemption with $6.7 billion lithium bet

Modest by comparison with past splurges, the all-cash deal is a significant and long-awaited expansion of Rio’s bet on lithium.

October 11, 2024

Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Arcadium, through a predecessor company, was the first to develop an early version of a DLE technology in the 1990s.

October 11, 2024

B2Gold backs Founders Metals with $8.8 million investment for drilling at Antino in Suriname

B2Gold said the deal is in line with the company’s strategy of investing early in discoveries with Tier one potential.

October 10, 2024

Adionics opens lithium demonstration plant in Argentina

The company says its efficient lithium extraction and recycling methods could help stabilize supply and potentially impact the entire EV supply chain.

October 10, 2024

Codelco’s copper production up 10% in August

The BHP-controlled Escondida mine saw production rise 15.5% to 105,300 tons.

October 10, 2024

Orla Mining increases guidance following strong performance at Camino Rojo in Mexico

The mine produced 43,788 ounces and sold 38,265 ounces of gold during the third quarter of 2024.

October 10, 2024

Founders Metals shares rise on financing, investment from precious metals major

The funds will be used for exploration activities at its Antino gold project in Suriname.

October 9, 2024

Rio arrives in lithium with a survival-of-the-fittest mentality

The company is planning to invest heavily in further expansion ahead of an anticipated 2030s demand boom.

October 9, 2024

Ranking the world’s top lithium producers

Acquiring Arcadium makes Rio Tinto one of the world's largest lithium producers.

October 9, 2024

Rio pays premium multiple for Arcadium in biggest deal since 2007

“We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair price, and that’s what…