The U.S. Energy Dept. approved a $475M loan to Li-Cycle for a NY battery plant, key to Biden’s domestic EV supply chain goals.
By Ernest Scheyder7 Nov 2024ReutersThe company reported a net loss of $1.11 billion, compared to a net profit of $302.5 million, in the year-ago quarter.
By Ernest Scheyder6 Nov 2024ReutersEnvironmental and Indigenous groups sued to block the Rhyolite Ridge lithium mine, citing risks to Nevada's rare Tiehm’s buckwheat.
By Nate Raymond and Ernest Scheyder31 Oct 2024ReutersThe U.S. Treasury will now allow some mining firms to access a tax credit for clean energy components, after industry pushback.
By Nichola Groom and Ernest Scheyder24 Oct 2024ReutersU.S. mining's future hinges on government support amid foreign competition, as shown by Sibanye’s Montana layoffs.
By Ernest Scheyder23 Oct 2024ReutersGM ups Thacker Pass investment to $950M, doubling lithium access; eyes more North American critical mineral deals.
By Ernest Scheyder17 Oct 2024ReutersRio Tinto's $6.7B Arcadium buyout will give it lithium filtration technology set to transform electronics, EV production.
By Ernest Scheyder and Clara Denina10 Oct 2024ReutersRio Tinto eyes $4-6 billion Arcadium takeover to secure lithium, positioning as the third-largest EV battery metal producer.
By Ernest Scheyder and Clara Denina4 Oct 2024ReutersFreeport-McMoRan expands copper output without joining the mining buyout spree, betting on clean energy demand.
By Ernest Scheyder30 Sep 2024ReutersThe Biden administration moved closer to approving one of the largest U.S. lithium mines, vital for EV batteries, amid conservation concerns.
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