Congo cobalt ban is likely to fail – report
THE Democratic Republic of Congo's decision to suspend exports of under-pressure cobalt for three months in February was unlikely to yield positive results, said...
Sibanye-Stillwater pulls plug on US lithium project
SIBANYE-Stillwater has pulled out of US lithium/boron project Rhyolite Ridge which would have committed it to spending just under $500m for a 50% stake.
The...
Putin says Russia must speed up plans to produce lithium
RUSSIA is to speed up plans to produce its own lithium, said Reuters in a report on Friday (2 February) citing the comments of...
Lithium industry to consolidate as price continues to trough
THE lithium and nickel markets could be in for a period of consolidation as prices in both metals were unlikely to revive in the...
Sibanye-Stillwater says US to grant R4.8bn in metals subsidies
SIBANYE-Stillwater said on Friday it stood to benefit from historic and current tax credits totalling $121m in Ebitda for its US platinum group metal...
Froneman to announce retirement from Sibanye-Stillwater
THE Board of Sibanye-Stillwater is in the final stages of a process to find a successor to Neal Froneman, the founding CEO of the...
Naidoo returns to Vedanta to oversee critical minerals drive
VEDANTA Resources, the London-based parent company of Vedanta Ltd, has appointed South African mining executive Deshnee Naidoo as its CEO.
Naidoo was previously head of...
Sovereign mine Kasiya takes “massive step forward”
SOVEREIGN Metals expected to spend $665m building its Kasiya Rutile-Graphite Project, representing an 11% increase over a previous estimate.
This is following an optimised prefeasibility...
Gates’ Kobold Metals raises $537m in latest funding round
KOBOLD Metals has raised $537m in its latest funding round as it seeks to become a key player in the race for the critical...
Rainbow Rare Earth study pin points high margin potential
AN interim economic study by Rainbow Rare Earths into extracting rare earth elements from the Phalaborwa phosphogypsum stacks shows the project would have an...