Sectors
Aluminium
Novelis: First US Aluminium Sustainability Lighthouse
Novelis, the world’s largest recycler of aluminium, continues to lead the charge in advancing circularity and decarbonising the aluminium industry for a more sustainable future. This week, the company achieved a historic milestone as its Uhrichsville plant was recognised...
COPPER
Solaris Resources’ Warintza Project May Be Salve for Supply Concerns and Copper Crunch
The copper market is bracing for a significant supply deficit in 2024, a consequence of several factors disrupting the supply and demand balance. New discoveries, while promising, are unlikely to offset the shortfall, as the industry fights production setbacks,...
GOLD
Bluebird Merchant Ventures Ltd Signs USD 5 Million Farm-Out Agreement for Gubong Gold Project in South Korea
Bluebird Merchant Ventures Ltd. announced that it has signed a USD 5 million Farm-out Agreement for its high grade Gubong Gold Project in South Korea. Details: Gubong is the larger of two 100% owned gold mining projects in South...
IRON ORE AND MANGANESE
Standard Lithium partners with Equinor for development of sustainable lithium projects
Standard Lithium Ltd., a leading near-commercial lithium development company, has announced the closing of a landmark strategic partnership with Equinor ASA, a multinational energy company and recognised leader in renewables and low-carbon solutions. The partnership aims to accelerate the development...
COAL
Coal India and NMDC on global hunt for lithium mines
Indian state-run mining companies Coal India and National Mineral Development (NMDC) are exploring lithium mine opportunities overseas, citing Indian Mines Secretary V L Kantha Rao.
This search extends to Chile and Australia, with the aim of bolstering India's mineral reserves. The...
IRON ORE AND MANGANESE
US, Canada co-invest in Fortune Minerals, Lomiko projects
Fortune Minerals has secured a $6.3m (£8.59m) grant from the US Department of Defense (DoD) to enhance cobalt production capabilities in North America.
The funding, part of the Defense Production Act (DPA) Title III programme, is aimed at advancing the...
News
Australia’s Loyal Lithium raises funds for Quebec lithium project
Australian Securities Exchange (ASX)-listed Loyal Lithium (LLI) has raised A$3.3m ($2.1m) through a share placement, involving the issuance of 7,345,744 new shares.
The shares were priced at A$0.45 each, marking a 73% premium over the company’s 15-day VWAP of A$0.26. LLI...
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