by Gordon Barratt | Nov 8, 2024 | News
Rio Tinto’s $US6.7 billion ($10 billion) acquisition of Arcadium Lithium has been unanimously approved by both companies’ boards of directors, with the deal expected to be finalised by mid-2025. Rio and Arcadium have synchronicities that elicited the...
by Gordon Barratt | Nov 7, 2024 | News
Albemarle, the world’s largest lithium producer, said on Thursday it lost more than $1 billion in the third quarter and that it would slash its capital budget amid a 71% drop in prices for the electric vehicle battery metal. The results underscore the supply...
by Gordon Barratt | Nov 7, 2024 | News
Equinox Gold has officially declared commercial production at its Greenstone mine, in Ontario. The announcement follows months of ramp-up operations, with the mine now progressing toward steady production after overcoming multiple challenges during its construction...
by Gordon Barratt | Nov 7, 2024 | News
The Biden administration took a key step toward holding a required sale of oil and gas leases in an Alaska wildlife refuge with the publication of a final environmental review, the Interior Department said on Wednesday. The analysis outlined a preferred scenario under...
by Gordon Barratt | Nov 7, 2024 | News
Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology. The technology will be trialled at at Rio’s Oyu Tolgoi copper mine in Mongolia, which is one of the largest copper and gold...
