Falling Chinese electric car production wrenches lithium price

Having trouble viewing this email?  View online Mining News Digest Wednesday 1 August 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Falling Chinese electric car production wrenches lithium price The world's automakers "don't worry about lithium supply anymore" – Simon Moores. read » McEwen Mining posts loss on strong investment to grow key assets The Canadian precious metals miner logged a $10.6-million net loss for the first half of the year following a $49-million investment in its Gold Bar, Black Fox and Los Azules projects during the period. read » Glencore's cobalt output up by almost a third thanks to Congo mines Glencore is the world's No. 1 cobalt miner, while Congo is the largest producer of the key component for batteries that power electric vehicles. read » Fresnillo soars despite profit drop on Silverstream revaluation Silverstream valuation had an adverse effect on profit before income tax, which came down 16.6% to $323 million. read » De Beers ready to begin South Africa's Voorspoed mine closure The failed plan was to find an operator with a lower cost structure or a different mining approach that would be able to take over and extend Voorspoed's life. read » Russian scientists discover new mineral Uakitite is associated with sulfides, schreibersite and magnetite. read » Canadian craft brewers scramble for aluminum cans Canadian microbreweries are facing a shortage of cans and higher costs, forcing some to cut beer production after the country imposed retaliatory import duties on U.S. aluminum imports in the busy summer season. read » Workers at Chile's Caserones copper mine vote to strike – union The main union at Chile's Caserones mine has rejected operator Lumina Copper's final contract offer and workers have approved strike action. read » Arch Coal is the incredible shrinking miner Despite President Donald Trump's repeated assertions of its bright future, coal mining is a dying industry and the secret to a long life in this twilight era is accepting mortality. read » Battery chemical surplus sparks plunge in cobalt price A surplus of cobalt chemicals used to make the rechargeable batteries that power electric vehicles has seen Chinese refiners switch to producing metal, sending prices down 30 percent in recent months. read » A turbulent year for alumina market could get still worse Alumina is having a turbulent year. read » BHP, Rio deals show lack of options beyond shareholder returns: Russell BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the giant Grasberg copper and gold mine in Indonesia for about $3.5 billion. read » Lucapa's mine in Lesotho continues to yield special diamonds The 11.88-carat diamond was recovered from the North zone of the Mothae diamond mine. read » Brazil studying auction of rights to six unexplored mining areas in 2019 The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals. read » Canadian researchers find better way to determine the integrity of metals Researchers at Canada's University of Waterloo have found a better way to identify atomic structures, an essential step in improving materials selection in the aviation, construction and automotive industries. read » Read more news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver 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 Mining News Digest". You mayunsubscribe at any time. The information contained in “Mining 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 “Mining 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.