China’s stainless steel giant Tsingshan has invested $375 million to build a lithium plant in Argentina with France’s Eramet, as it expands its presence in the battery supply chain. The Wenzhou-based company, which is the world’s largest producer of stainless steel, will contribute the bulk of the funding to build the plant, which will supply […]
> Eramet has bought out Tsingshan’s 49.9% stake in its lithium operations in Argentina in a deal worth around $699 million. The move gives the French miner complete control of its Centenario direct lithium extraction (DLE) project and removes any concerns associated with Chinese ownership. This is the latest deal in the lithium space in recent […]
> In the third quarter of 2025, 18 of the largest 25 copper miners reported quarter-on-quarter decreases in their output, including the top four miners. The total Q3 copper production reported by the top 25 miners hit 3.72Mt. “In the third quarter, many companies saw lower production compared to the previous quarter. However, most did not […]
> South Korean steel and chemicals giant POSCO has taken a 30% stake in Australia’s Mineral Resources’ (MinRes) 50% stakes in the Mt Marion and Wodgina mines for US$765 million. Structured as a joint venture, the deal would see MinRes and POSCO hold an overall 35% and 15% of the operations, as well as corresponding rights […]
> Zijin Mining has acquired a 24.8% stake in Zangge Mining for RMB13.7 billion ($1.87 billion), following 2024’s trend of consolidation in the lithium market through merger and acquisition activity. Zangge is operating and developing direct lithium extraction (DLE) projects in China. Zijin, on the other hand, has a more international footprint with projects in Argentina […]
> A record-breaking rally in nickel prices that led the London Metal Exchange to halt trading on Tuesday is putting increased pressure on the Chinese stainless steel producer Tsingshan and its billionaire co-founder. Tsingshan, the world’s largest stainless steel producer, is rumoured to have built a big short position in nickel before a 250% rally in […]
> Escalating unrest in Mali, as jihadi groups target fuel convoys around the capital Bamako, has led several governments including France and the US to advise their citizens to leave the country. The attacks have created fuel shortages, and raised serious concerns around the military government’s ability to maintain its rule in the country. Mali is […]
> India’s pipeline of cathode active material (CAM) production capacity is set to grow more than 50-fold over the next decade. Altmin, Himadri Speciality Chemical, and Epsilon Advanced Materials have the largest pipeline capacities in the country. Almost all CAM capacity under development in India is for LFP, both due to the popularity of the cathode […]
> Australian lithium producer Pilbara Minerals is set to acquire Latin Resources through an all-share deal worth $369 million dollars, the company announced on 15 August. Pilbara Minerals is the second largest lithium hard rock miner operating globally, according to Benchmark’s Lithium Forecast, with Pilganoora in Western Australia as its biggest asset. The acquisition will boost […]