Sunday, 23 February 2025

Focus on Critical Minerals

The lithium plant aims to show it it possible to extract lithium at scale (Cornish Lithium/PA)
BusinessCritical MineralsElectric Vehicles (EVs)News

‘Landmark’ for UK lithium production as demo plant opens in Cornwall

A demonstration plant for lithium production has opened in Cornwall, marking a key step in the UK's clean energy transition.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. .  REUTERS/Rebecca Cook/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)News

After Nevada lithium deal, GM eyes other sources for EV minerals supply

GM ups Thacker Pass investment to $950M, doubling lithium access; eyes more North American critical mineral deals.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. .  REUTERS/Rebecca Cook/File Photo
BusinessConstructionCritical MineralsElectric Vehicles (EVs)MiningNews

General Motors to contribute $625 million to Lithium Americas for new joint venture

Lithium Americas announced GM will invest $625 million in their Thacker Pass joint venture in Nevada.

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022.  REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsManufacturingMiningNews

Freeport to delay Indonesian copper sales to second quarter of 2025 after fire, sources say

US copper miner Freeport McMoRan will delay its Indonesian copper sales until Q2 2025 due to a fire at its new smelter.

FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha Vaish/File Photo
AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)FinanceManufacturingMiningNews

Northvolt: Cash-strapped EV-battery maker in talks for 200 million euros in funding

Northvolt announced job cuts, raising fears that Europe's top EV battery hope may falter amid low demand and Chinese competition.

FILE PHOTO: Brine pools used to extract lithium are seen next to a lithium mining camp at the Salar del Rincon salt flat, in Salta, Argentina August 12, 2021. REUTERS/Agustin Marcarian/File Photo
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Rio Tinto’s real prize: Arcadium’s lithium extraction technology

Rio Tinto's $6.7B Arcadium buyout will give it lithium filtration technology set to transform electronics, EV production.

FILE PHOTO: A brine pool used to extract lithium is seen at a salt flat of Cauchari Olaroz, near Susques, Argentina November 8, 2017. REUTERS/Juliana Castilla/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)MiningNews

Rio Tinto to join lithium big leagues with $6.7 billion Arcadium buy

Rio Tinto, the world's largest producer of iron ore, is shifting to process high-end, low-carbon materials for the energy transition.

FILE PHOTO: Technicians from the Orocobre mining company work on an evaporation pond test in the salt flat at Olaroz, 4,000 meters (13,123 feet) above sea level and north of the Argentine province of San Salvador de Jujuy August 7, 2010.  Orocobre's assets are now part of Arcadium Lithium, which global miner Rio Tinto wants to buy.  Picture taken on August 7, 2010. REUTERS/Enrique Marcarian/File Photo
AnalysisBusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingMiningSolarStorageTrade

Arcadium deal could power Rio Tinto’s entry into lithium supplier big league

Rio Tinto eyes Arcadium Lithium acquisition to become the third-largest lithium producer amid growing EV demand and competition.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
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China is oversupplying lithium to eliminate rivals, US official says

Chinese lithium overproduction causes an 80 per cent price drop, impacting global competition and hindering supply chain diversification.

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