Chile lawmakers mull additional mining tax for copper, lithium

Having trouble viewing this email?  View online Battery Metals News Digest Wednesday 19 September 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Chile lawmakers mull additional mining tax for copper, lithium The proposed tax, to be applied on the nominal value of extracted metals, would affect copper miners that produce more than 12,000 tonnes of the metal and those extracting 50,000 tonnes of lithium a year. read » Lithium Power closer to start mining at Chile's Maricunga The Maricunga project in northern Chile has seen significant past exploration, with over $30 million spent to date. read » Ruling leaves Kidman, SQM's Australian lithium project in limbo Partners may lose their right to develop the Mt Holland lithium project after a recommendation by a unit of the West Australian government that regulates mining leases. read » Mining exploration spending in Australia jumps to 5-year high Drilling at new projects up 57% as spending on gold exploration reaches 21-year high. read » Lithium price plunge claims first victim Namibia's Desert Lion Energy ceases all operations as Chinese lithium prices plummet to three-year lows – down by half since the start of 2018. read » World's 'most beautiful' electric car to hit the road in 2020 Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year. read » POSCO to buy lithium mining rights in Argentina from Galaxy The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina. read » Reduced cobalt electric car batteries delayed amid price fall "Poorer life cycle, reduced safety and misrepresented relative cost savings are all major concerns for electric vehicle producers." read » Chile's lithium giant SQM sees prices falling further this year But the world's second largest producer said they will remain higher than the average reached last year. read » Tesla's cobalt-light batteries seen providing cost advantage Batteries made by the U.S. manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up. read » Neo Lithium lining up partner for $490m Argentine venture The project, which straddles salt flats and lakes across 135 square miles near the Chilean border, is billed as having high concentrations of lithium. read » Mercedes unveils first Tesla rival in $12B attack Mercedes-Benz, the world's largest maker of luxury cars, is rolling out its first in a series of battery-powered models. read » A glass half full or a glass half empty for lithium producers Metal bulletin reasearch's forecast is for the lithium market to shift into a supply surplus this year and as such we have expected prices to fall. read » In Chilean desert, global thirst for lithium is fuelling a 'water war' In Chile, threats of a government crackdown on over-usage of water often ring hollow. Mines need water, and the country´s copper-driven economy needs mines. read » Read more Battery Metals 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 “Battery Metals 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 “Battery Metals 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.