Taseko Mines’ (TSX: TKO) Gibraltar mine in British Columbia is set to resume operations in the coming week after the company and the workers’ union reached a tentative agreement over the weekend. On June 1, more than 500 workers at the mine located north of Williams Lake, BC, went on strike after talks over a new […]
Battery Metals
Explained: Nissan’s solid-state battery that could double EV range
The manufacturer that brought us the first mainstream electric cars could also be about to become the first to bring us the next big thing in EVs: a car with double the range for less money. The secret lies in the much-talked-about solid-state battery technology, which, if it lives up to the hype, should yield batteries that […]
Saudi mining minister to visit Chile in July, source says
Saudi Arabia’s mining minister plans to meet with his Chilean counterpart in Santiago at the end of July to discuss potential investments in lithium, a Chilean government source said on Friday. Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef told Reuters in a recent interview that the Middle Eastern country is interested in obtaining […]
CATL and BYD are working on batteries with a 6C charge rate
The ‘C’ is an indicator of the ratio of battery size to charging power. At 1C, an 80 kWh battery can be charged with a maximum of 80 kW. At 6C, the same battery can theoretically be charged with six times the charging capacity, meaning up to 480 kW. The first Chinese electric vehicles are […]
A fifth of copper smelting capacity suspended in May, data shows
About a fifth of global copper smelting capacity was suspended in May, mostly for maintenance, data from satellite surveillance of metal processing plants showed. Earth-i, which specialises in observational data, tracks smelters representing up to 90% of global production for its SAVANT service and sells data to fund managers, traders and miners. The company said […]
Gold rush grips Asia despite near-record prices
Demand for gold in Asia is surging despite prices hovering near the record highs it hit in May, industry officials say, as buyers snap up the metal to hedge against geopolitical and economic uncertainty. Spot gold XAU= is trading a little over $2,300 per ounce, up about 12% year-to-date and only about 6% shy of […]
Nevada Copper files for bankruptcy, names new top boss
Cash-strapped miner Nevada Copper (TSX: NCU) has filed for bankruptcy protection under Chapter 11, kicking off a restructuring process during which its Pumpkin Hollow mine will be halted. President and chief executive, Randy Buffington, has resigned and the Canadian company has appointed mining veteran Tom Albanese, its lead independent director, as the new chairperson. The […]
Fast-charging sodium-ion battery uses anodes made from trees
A month after Natron Energy began its first-of-kind sodium-ion battery mass production, Swedish sodium-ion developer Altris has identified a means of making the lithium-free batteries even more sustainable. Together with partner Stora Enso, it’s adapting tree pulp-sourced carbon toward use as an anode material. A byproduct of wood pulp manufacturing, lignin has long been investigated […]
Gold price falls most in two years on jobs data, China buying pause
Gold fell the most in more than two years as surprise strength in a key US jobs report dashed hopes that the Federal Reserve will be able to start lowering borrowing costs soon. Treasury yields and the dollar surged after the US government’s May employment report showed job growth exceeded expectations and wages were hot. […]
Rare Earths Norway says its REE discovery is Europe’s largest
Rare Earths Norway (REN) has announced a mineral resource estimate that it said shows its Fen Carbonatite Complex in the country’s southeast hosts continental Europe’s largest deposit of rare earth elements. After three years of targeted exploration, REN delivered this week a Maiden Mineral Resource estimate for the Fen carbonatite complex, reported according to the […]
