Eramet is one of Europe’s largest and oldest mining companies. It can trace its history back to 1880 when Société Le Nickel (SLN) was founded in New Caledonia. It has also been mining manganese in Gabon since 1996. Now the company is looking to supply metal to the global battery markets, from its Centenario-Ratones lithium […]
> 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 […]
> As the dust settles on LME Week in London, Benchmark reviews some of the key themes that shaped discussions throughout the week and gauges sentiment across metal markets heading towards year end. Across the board, discussions reflected metal markets navigating shifting trade policy, supply-side disruption, and uneven demand recovery. Copper: Arbitrage and disruption dominate discussion […]
> At the end of last year lithium major Livent (now Arcadium Lithium) bought a minority stake in ILiAD Technologies, a California-based company that has spent years developing technology to produce lithium from various brines using Direct Lithium Extraction. The company’s adsorption technology has been developed over seven years of research and pilot testing with its […]
> Benchmark Mineral Intelligence announced today that it has started a formal consultation on changes to the sustainable lithium and sustainable nickel grades in its Lithium Price Assessment and Nickel Price Assessment Methodologies. Benchmark proposes to change the frequency of updates to its list of eligible producers, whose material can contribute to these grades, from quarterly […]
> The Trump administration is stepping up direct investments in critical mineral projects to bolster US supply security, as part of a broader push by Washington to acquire equity in sectors considered vital to national security. Last week, the US Department of Energy (DoE) announced it would restructure a $2.3bn loan agreement with Lithium Americas, providing […]
> China’s CNGR Advanced Material is the world’s largest producer of precursor cathode active material (pCAM) for lithium ion batteries, and is a key part of the supply chain for some of the largest companies including Tesla and LG Chem. Listed on the Shenzhen stock exchange with a market capitalisation of $3.9 billion, the company is […]
> US President Trump and Australian Prime Minister Anthony Albanese have signed a landmark Critical Minerals Framework to bolster both nations’ access to rare earths and other critical minerals, in an effort to counter China’s dominance over strategically important supply chains. The framework indicates that the two governments will utilise a range of policy instruments to […]
> Payables for nickel in mixed hydroxide precipitate (MHP) have remained at elevated levels (84–86%) since April, according to the Benchmark Nickel Price Assessment. This is despite structural oversupply and macroeconomic uncertainty weighing on nickel prices more broadly. Payables initially rose to a three-year high following extensive flooding at the Morowali Industrial Park, which caused a […]