Li-Cycle raises cost estimate for Rochester Hub project again In October, Li-Cyle paused the construction of its flagship battery recycling facility and later said it was evaluating financing and strategic alternatives. Reuters | March 18, 2024 | 3:19 pm
South Africa optimistic for tax breaks to kick-start EV industry South Africa has abundant supplies of raw materials vital for the manufacture of lithium-ion batteries. Bloomberg News | March 18, 2024 | 9:14 am
UN deep-sea mining body considering expelling Greenpeace The Metals Company took legal action against activists who disrupted a research expedition when they boarded its vessel in the remote Pacific. Staff Writer | March 18, 2024 | 9:09 am
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