Sunday, 23 February 2025

Focus on Critical Minerals

The heat is rising for Quebec Premier François Legault as opposition parties demand more answers about his government's investment in the planned Northvolt battery factory near Montreal. The entrance to Northvolt is shown in St-Basile-le-Grand, east of Montreal, on Thursday, May 16, 2024. THE CANADIAN PRESS/Christinne Musch
BusinessCritical MineralsEconomyElectric Vehicles (EVs)LabourManufacturingNewsPolitics

Quebec opposition calls for transparency amid Northvolt layoffs, $7 billion battery plant investment

Opposition parties demand answers about Quebec's investment in the planned Northvolt battery factory near Montreal.

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)ManufacturingNews

Elon Musk looking to invest in lithium hub Argentina

Argentina is the world's fourth-largest producer of lithium, a critical component of electric vehicle batteries.

Printed Chinese and Canada flags are seen in this illustration, July 21, 2022. REUTERS/Dado Ruvic/Illustration REFILE - CORRECTING YEAR
BusinessCritical MineralsMiningNews

Miner backed by Canada’s Saskatchewan vows to compete with China in rare earths

Saskatchewan aims to rival China in rare earth metals, producing 400 tonnes yearly for EVs, staying price-competitive.

FILE PHOTO: General view outside the Northvolt facility in Vasteras, Sweden, September 29, 2021. Picture taken September 29, 2021. REUTERS/Helena Soderpalm./File Photo
BusinessCritical MineralsElectric Vehicles (EVs)LabourManufacturingNews

Northvolt to axe 1,600 jobs as Europe’s EV hopes stall

Northvolt cuts 1,600 jobs and suspends expansion as it faces production issues, slow EV demand, and competition from China.

FILE - A 2023 Ford Mustang Mach-E charges, Friday, March 8, 2024, at an electric vehicle charging station in London, Ohio. (AP Photo/Joshua A. Bickel, File)
BusinessCritical MineralsElectric Vehicles (EVs)IndustryManufacturingMineralsNewsPolitics

US awards $3 billion for EV battery production in 14 states

The grants announced Friday mark the second round of EV battery funding under the bipartisan infrastructure law approved in 2021.

Light projection on glacier in the Arctic calling for a halt to deep sea mining (Bianca Vitale/Greenpeace/PA)
BiodiversityClimateCritical MineralsMineralsMiningNews

Seabed mining will cause ‘irreversible harm’ to wildlife – Greenpeace

Campaigners call on Norway to abandon plans for seabed mining of critical minerals after releasing report on ocean biodiversity.

FILE - This photo provided by the Center for Biological Diversity shows a Tiehm's buckwheat plant near the site of a proposed lithium mine in Nevada, May 22, 2020. (Patrick Donnelly/Center for Biological Diversity via AP, File)
BiodiversityCritical MineralsElectric Vehicles (EVs)EnvironmentMiningNewsRegulations

US agency review says Nevada lithium mine can co-exist with endangered flower

U.S. completes review of Nevada lithium mine, says project will supply critical EV minerals while protecting wildflower.

FILE PHOTO: Tiehm's buckwheat plant is seen in this undated photo provided by the U.S. Fish and Wildlife Service.   Courtesy of USFWS/Sarah Kulpa/Handout via REUTERS/File Photo
BiodiversityBusinessCritical MineralsElectric Vehicles (EVs)EnvironmentMiningNews

Biden administration nears approval for ioneer’s Nevada lithium mine

The Biden administration moved closer to approving one of the largest U.S. lithium mines, vital for EV batteries, amid conservation concerns.

Quebec Minister of Natural Resources and Forests Maïte Blanchette Vezina tables a legislation on mining May 28 at the legislature in Quebec City.This week, Quebec announced it will not be funding a mining project to produce graphite — one of the world's most sought after minerals. THE CANADIAN PRESS/Jacques Boiss
BusinessCritical MineralsLegislationMineralsMiningNewsPolitics

Quebec won’t fund graphite mine project tied to Pentagon; locals claim ‘victory’

Provincial government rejects company's proposal for graphite mine after residents raise concerns over 'social acceptability' of the mineral's usage.

A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessCritical MineralsEconomyMineralsMiningNews

BHP’s Australian nickel stoppages spoil plans for LME alternative

New trading platforms for nickel delayed by suspension of operations at Western Australia plants.

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