martes, 17 de abril de 2018

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Lithium & Rare Earth News Digest
Wednesday 18 April 2018
Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc

When it comes to new lithium mine supply how soon is now?

The Sí a la Tierra Viva platform rejects the miner's proposal.

Researchers at West Virginia University expect to start extracting, refining and taking to market rare earth elements in a couple of years.

New investors are being pulled into the mining industry as demand and prices for battery materials like lithium and cobalt spike.

Nemaska Lithium agreement with private equity giant Orion Mine Finance comes a week after $100B Japanese technology fund bought a stake in Quebec-based firm.

Increasing disposable income in emerging economies and the adoption of greener technologies, are the two factors to drive most of the expected increased demand in copper during the next five years.

Copper production will peak in the second half of 2019, making a growing supply deficit much more real.

Authorities may consider potential revisions to the mining laws in order to make companies that already own concessions to work on them or else give them up.

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

One of the main problems, says the head of Chile's Mining Society, Diego Hernández, is miners have no incentives to do anything with the assets they already own and is very cheap to keep them.

Softbank $100 billion fund buys into Canadian lithium miner in first deal of its kind as race to secure electric vehicle battery raw materials heats up.

Michigan Potash Co. is closer than ever to start building a potash mine in the state.

Nelson Pizarro, who took the post in 2014, has played a critical role in the drive to reduce spending and force a reduction in costs, while kicking off a major overhaul of Codelco's aging mines to deal with dwindling ore grades.

Soaring cobalt and lithium prices are pushing some companies to dig for them in the recycle bin, which some believe could be even more profitable than mining them.

Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project. 

The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nickel.

Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.

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