First Quantum begins commercial production at Zambia’s Enterprise nickel mine, enhancing the country’s role in the battery metals market.
Commodities
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Botswana plans to offer up to 24% stake in new mining projects to locals if the government opts out, boosting local ownership and participation.
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CommoditiesExploration & DevelopmentNews
CleanTech Lithium Successfully Produces High-Grade Lithium in Pilot Project
CleanTech Lithium’s shares surged after successful production of high-grade lithium in its DLE pilot project, with impressive recovery rates and low impurities.
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South32 shares decline after a major writedown on alumina and nickel projects, a pointer to significant operational and financial challenges..
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Trafigura and Mubadala consider selling their Brazilian iron ore port to invest in green energy initiatives.
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CommoditiesExploration & DevelopmentNews
Lundin Seeks Joint Venture with BHP for Strategic Copper Acquisition
Lundin Mining considers a joint venture with BHP to acquire Filo Corp, aiming to enhance global copper production and growth.
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Nexa Resources progresses in negotiations to sell its lucrative Pukaqaqa copper project in Peru’s central highlands.
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CommoditiesExploration & DevelopmentNews
Japan Discovers Over 200 Million Tonnes of Battery Metals in Seabed
Japan’s discovery of vast battery metal deposits in the Pacific could revolutionize resource extraction.
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SQM and Talga Group’s partnership on the Aero lithium project aims to enhance the lithium supply for Europe’s electric vehicle industry.
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Anglo American anticipates a 30% decrease in copper production at Los Bronces mine in Chile, due to extended maintenance scheduled for 2024.