BATTERY METALS

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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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.

The post DeepGreen closer to mining battery metals from the sea after $150m injection appeared first on MINING.COM.

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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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World’s No. 2 lithium miner SQM sees demand growing by 17% this year

The Chilean lithium producer expects demand to grow about 17% in 2019 to at least 315,000 tonnes, compared to the less than 260,000 tonnes it totalled last year.

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Zambia’s just deepened worries of sinking global copper output

Copper output in Africa’s second largest producer could decline by as much as 100,000 tonnes this year, adding to recent, sharp declines at the world’s main producing nations.

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BHP more bullish on long-term EVs prospects

The world’s largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure.

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