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 […]
> A range of international companies, including BYD and Rio Tinto, have been shortlisted to develop Chile’s Altoandinos salt flats, as the country looks to boost its falling share of the global lithium market. Chile was the top lithium producer in 2016, but is expected to fall to third place in 2024 due to growth in […]
> Volkswagen will secure supplies of nickel and cobalt for its electric vehicles from Chinese producers Huayou Cobalt and stainless steel maker Tsingshan, in a deal that aims to provide enough metal for around 2 million electric vehicles. The three companies said they will form a joint venture to develop annual production of 120,000 tonnes of […]
> 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 new deal between Eramet and Vibrantz shows how manganese producers outside of China are looking to make inroads into the battery value chain. Leading manganese producer Eramet will supply Vibrantz with manganese ore from its Gabon mine over a 10-year period. Vibrantz manufactures manganese sulphate which is used in the production of cathode materials […]
> 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 […]
> 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 […]