Avalon enters $11 million funding agreement for lithium processing facility The first drawdown will be for C$2.75 million, and is expected to close within the next two weeks. Staff Writer | March 18, 2024 | 7:53 am
Indonesia says Vale to build another $2bn HPAL plant PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island. Reuters | March 18, 2024 | 7:38 am
Australia’s MinRes to develop lithium processing hub in Goldfields region The decision follows its acquisition of the Lake Johnston nickel concentrator plant and tenure from Poseidon Nickel. Reuters | March 17, 2024 | 4:09 pm
BHP stands down 25% of nickel project workforce BHP has stood down around a quarter of the workers constructing its West Musgrave nickel and copper project in Western Australia. Bloomberg News | March 17, 2024 | 9:20 am
Industry executives expect the world to reach net zero by 2060 – report The 2050 deadline seems too close for 600 executives in mining, oil and gas, utilities, chemicals and agribusinesses, according to Bain & Company. Staff Writer | March 17, 2024 | 7:19 am
Tesla Germany staff to elect new council to gain control over work conditions The IG Metall union hopes to gain greater influence over pay and working conditions at Tesla's gigafactory near Berlin. Reuters | March 16, 2024 | 8:17 pm
Graphjet, Energem merge to create direct biomass-to-graphite company On Friday, Graphjet’s ordinary shares started trading on the Nasdaq. Staff Writer | March 15, 2024 | 10:54 am
Poor forecasting triggers big writedowns for miners while some get lucky, study shows The research appears appropriate at a time when nickel and lithium prices have crashed from 2022 highs as gold has set new records. Colin McClelland | March 15, 2024 | 10:40 am
Economy chief says Chile’s lithium products likely to get US subsidies If extended to value-added Chilean lithium, the subsidies will make it more attractive for US companies to invest in the country, said Economy Minister Nicolas Grau. Bloomberg News | March 15, 2024 | 7:52 am
