De Beers And Botswana Ink New Diamond Deal
In a joint communique released Friday, the government of Botswana and the South African diamond giant De Beers announced that they have reached a new ten-year agreement over the sale…
Costs Rise To Develop Falchani Site For American Lithium
In a recent interview, the chief executive of American Lithium said his company’s Falchani lithium mine in Peru has seen its likely costs for its first phase of construction rise…
Mexico To Nationalize Its Lithium Deposits
Mexican President Andres Manuel Lopez Obrador has issued orders for the nationalization of his country’s lithium deposits to be expedited, setting the stage for foreign countries to be excluded from…
Newmont Corp Makes Offer For Newcrest Mining Ltd.
Newmont Corp. has proposed a $17 billion offer to purchase Australia’s Newcrest Mining Ltd., in a deal which would solidify the US mining giant’s industry-leading positions in copper and gold.…
Norway Discovers Massive Mineral And Rare-Earth Deposit
In a statement released on Friday, the Norwegian Petroleum Directorate (NPD) said that a Norwegian research team has discovered a massive deposit of minerals and metals under the seabed of…
Zimbabwe Moves To Strictly Regulate Lithium Export
Zimbabwe’s government has imposed strict restrictions on the export of raw lithium, in an effort to reduce black market sales and prevent foreign firms from profiting by shipping off billions…
Canada Orders Chinese Companies To Divest From Critical Minerals Sector
Just days after the Canadian government introduced tougher rules on foreign investments in Canadian mining companies, the government has ordered three Chinese firms to divest their interests in critical minerals…
Tesla To Build Lithium Refinery In Texas
As Tesla looks to secure a reliable supply of lithium for the batteries which power its electric vehicles, the company is examining building a lithium refinery on the Texas Gulf…
Russian Export Of Diamonds Returns To Near Pre-Sanctions Levels
According to a new report in Bloomberg, Russian mining company Alrosa has managed to return its exports to pre-sanctions levels. The report noted the company is now selling $250 million…
A New Lithium Mining Operation In China Could Cause Supply Chain Problems For EV Makers
In Xinjiang, a lithium producer which services Electric Vehicle manufacturers such as BMW AG and Tesla Inc. is performing assessments of various projects, strengthening ties between the Electric Vehicle industry…
