by Gordon Barratt | Nov 8, 2024 | News
Black Cat is progressing its gold acceleration strategy at its Kal East mine in Western Australia. The strategy involves accelerating the construction of an enlarged processing facility, up from 0.8 million tonnes per annum (Mtpa) to 1.2–1.5Mtpa. Black Cat has awarded...
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...