Toyota to make cheaper electric motors by halving use of rare earths

Having trouble viewing this email?  View online Lithium & Rare Earth News Digest Wednesday 21 February 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Toyota to make cheaper electric motors by halving use of rare earths Asia's No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world's most powerful batteries for electric vehicles. read » Battery-technology metals to leave gold, silver in the dust: readers A whopping two-thirds of MINING.com readers say battery-technology metals will perform better than precious or base metals this year. read » Soaring cobalt prices force Samsung SDI to mine metal from old phones The firm is also trying to halve use of cobalt in batteries from around 20% by raising the proportion of nickel, and it will start researching on development of nearly cobalt-free batteries. read » Rio Tinto pays biggest divvy in history as profit hits three-year high Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls "resilient" commodity prices. read » Zimbabwe to enter lithium market with $1.4bn mine Country is backing Prospect Resources' (ASX:PSC) Arcadia lithium project, expected to generate that much revenue over eight years. read » Rio Tinto back in race for stake in world's largest lithium miner Rio's renewed interest in SQM is welcome by the Chilean government, which had expressed concerns about a potential and dangerous concentration in the market should major lithium producers, such as China's Tianqi, acquire the 32% interest in SQM. read » These are top-10 global mining trends expected for 2018 Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year. read » Caterpillar beats estimates again, delivers bullish outlook for 2018 The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018. read » Why Tesla is turning to Chile for its lithium: Andy Home Chile is an obvious place for Tesla's chief executive, Elon Musk, to look for secure supply, as the global lithium mother-lode is in the brine lakes of the country's Atacama desert. read » Pile-of-cash dilemma for mining industry once crippled by slump With metals from zinc to palladium trading at multi-year highs, four of the world's top producers generated combined free cash flow last year of about $87 million a day. read » Commodity boom has a dark side as cost creep erodes windfall Mining and metal companies are rediscovering the downside of rallying prices: higher costs. read » Electric cars and niche metals lure cash to Africa's mines Here are five metals grabbing attention across the continent. read » Avalon announces start of winter drilling program on Separation Rapids Lithium project At least seven holes totalling 1500 metres are planned at the Ontario-based project. read » Read more Lithium & Rare Earth news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Lithium and Rare Earth News Digest". You mayunsubscribe at any time. The information contained in “Lithium & Rare Earth News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Lithium & Rare Earth News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.