Suppliers News

London Metal Exchange and Fastmarkets to set lithium price benchmark

The exchange will work Fastmarkets to provide the reference price lithium, a key component in the batteries that power electric vehicles and high-tech devices.

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DeepGreen closer to mining battery metals from the sea after $150m injection

The Canadian start-up has secured the bulk of the $150 million it needs to carry out its first feasibility studies on how to scoop up small metallic rocks containing cobalt, nickel and manganese from the seabed.

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Danakali about to secure financing for potash project in Eritrea

Debt financing agreements worth $200 million could be finalized “any day” and are expected to catalyze equity financing to start the almost 30-month development of the 1.1 billion-tonne Colluli sulphate of potash project, the company said.

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Chile’s Codelco brushes off rumoured copper output drop

Media reports had said production at Chuquicamata would drop to around 182,000 tonnes by 2021 from 459,000 tonnes this year, addin that the fall would impact Codelco’s total production by around 4%.

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Rio Tinto chooses Caterpillar for autonomous fleet at Koodaideri mine

A fleet of 20 autonomous Cat 793F trucks will soon be hauling ore at the Rio Tinto’s Koodaideri mine, currently under construction in the Pilbara region.

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