Friday, 4 April 2025

Focus on Minerals

Lundin Mining logo is seen in this undated handout photo. THE CANADIAN PRESS/HO-Lundin Mining *MANDATORY CREDIT*
BusinessCritical MineralsMiningNews

Lundin selling pair of mines in Europe to Boliden AB in deal worth up to US$1.52B

Lundin Mining Corp. has signed a deal to sell a pair of mines in Europe to Boliden AB in an agreement valued at...

Although gasoline vehicles do not call for graphite, electric vehicles (EVs) require an average of 136 pounds (61.7 kilograms) of the material, CSIS said (AFP)
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US clean energy, defense to be impacted by China export curbs

Beijing announced this week it would ban exports of gallium, germanium and antimony to the US, targeting materials used in climate tech.

FILE PHOTO: The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration/File Photo
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Rattled by China, West scrambles to rejig critical minerals supply chains

Beijing's fresh mineral export restrictions bring added urgency for Western players to cut their reliance on minerals from China.

FILE PHOTO: View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsSemiconductor

Mersen delays targets by two years on weak materials demand for EVs

"2025 will be a year of transition for Mersen due to a temporary slowdown in the electric vehicle and SiC semiconductor markets."

Nelson Chang, left, Chairman of TCC Group, E-One Moli Energy (Canada), shakes hands with Prime Minister Justin Trudeau after a news conference at the lithium battery manufacturer, in Maple Ridge, B.C., on Nov. 14, 2023. THE CANADIAN PRESS/Darryl Dyck
BusinessCritical MineralsEconomyElectric Vehicles (EVs)IndustryNewsPolitics

Taiwan firm halts plan for $1B battery plant in B.C. that had federal support

A $1B lithium-ion battery plant in Maple Ridge, B.C., has been shelved as Taiwan Cement Corp. focuses on local production.

Illegal mining, or 'galamsey', has been a flashpoint in the lead-up to Ghana's election (AFP)
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Ghana’s illegal mining boom seeps into presidential election

Ghana's illegal mining, driven by poverty and unemployment, continues to threaten the country's future.

Orano suspended production by its local unit in northern Niger owing to what it termed increasingly difficult operating conditions and financial issues (AFP)
BusinessCritical MineralsEconomyElectricityMiningNewsNuclear PowerPolitics

France’s Orano says Niger junta controls uranium unit

"For several months, Orano has been warning of the interference that the group has been suffering in the governance of Somair," the group...

A logo is displayed on battery maker Northvolt's energy storage system plant in Gdansk, Poland, October 21, 2024. REUTERS/Marie Mannes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)MiningNews

Northvolt seeks to sell electric industrial battery business by year-end

If Northvolt fails to find a buyer, the firm will have to close due to financial constraints by the end of the year.

FILE PHOTO: The Rio Tinto logo is displayed above the global mining group's booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/File Photo
BusinessCritical MineralsEconomyMiningNewsTrade

Rio Tinto lifts 2025 guidance for capex, copper output

Rio Tinto boosts 2025 capital spending forecast, eyes copper growth with a 50 per cent output surge in Mongolia, and focuses on EV...

A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
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Australia’s Lynas near 3-week high after China bans export of critical minerals to US

Lynas Rare Earths shares hit a three-week high after China banned exports of key minerals to the U.S. on Tuesday.