Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between the two companies, sources close to the matter said. GEM said in a March 14 regulatory filing t…
Chinese battery firm halts purchases of cobalt from Glencore – sources Read More »
Albemarle said on Friday it had finalized an agreement to form a lithium joint venture with Australia’s Mineral Resource for $1.15-billion.
The deal, announced last month, will give US-based Albemarle a 50% stake in Mineral Resource’s Wodgina lithium …
Mineral Resources and Albemarle agree $1.15bn lithium deal Read More »
Coal railway workers at Australian hauler Aurizon Holdings have postponed some planned strikes in Queensland, a union official said, as a cyclone is forecast to bring poor weather near some of the affected railways.
Aurizon’s four major railways in th…
Australian rail workers postpone coal haulage strikes as cyclone looms Read More »
A debt swap for cash-strapped state power company Eskom would spiral the country into more debt, South Africa’s President Cyril Ramaphosa said on Thursday, adding there was a need to look at other options to shore up the company’s balance sheet. Eskom,…
Eskom debt swap not an option – Ramaphosa Read More »
Cuba’s nickel plus cobalt sulfide production will top 50 000 t this year and earnings are up over 2017, the head of the country’s state monopoly Cubaniquel was quoted by local media as stating on Wednesday.
Nickel is one of the cash-strapped Communis…
Cuba sees nickel output topping 50 000 t Read More »
