lithium

Australian miner Mineral Resources (MinRes) (OTC:MALRF) has had its worst trading day since the Great Recession. Shares plunged 22.1% in Australia, wiping out nearly five years of stock gains. The stock slide was caused by a large drop in EBITDA and slashed fiscal 2025 production guidance. The firm...

Bolivia, the owner of the world's largest lithium reserves, is trying to capitalize on this valuable resource. Despite prices plummeting from 2022 highs, the country is pushing forward with large-scale investments to take advantage of the growing battery industry. "With the two new contracts, we...

Saudi Arabia has unveiled a joint venture between the state oil company Aramco and the state mining company Ma'aden. The collaboration focuses on extracting lithium, a vital component in batteries for electric vehicles (EVs), renewable energy storage, and electronics. Commercial production is...

China's Zijin Mining Group (OTCPK: ZIJMF) is advancing talks to acquire Zangge Mining Co., a domestic commodity producer specializing in lithium and potash. Blomberg reported Zijin announced the news in a statement to the Hong Kong Stock Exchange. Zangge is valued at around $6.4 billion (CNY 46.6...

Despite finding some footing in 2024, the lithium market's main concerns, oversupply and slower-than-expected electric vehicle (EV) adoption could persist this year. "This swing supply dynamic could serve as a cap on price increases in 2025, as rapid restarts may lead to a more oversupplied market...

Chile's state-owned Codelco reported a modest increase in copper production for 2024, with output rising by 3,000 to 4,000 metric tons from the previous year. Although small, the production growth has raised hopes that the mining giant will stage a turnaround and help alleviate anticipated copper...

The positive trends for commodities are likely to continue in 2025. With escalating conflicts and instability in several regions, we explore a list of prospective junior commodity companies focusing on safe jurisdictions. Volt Lithium Volt Lithium (OTCQB:VLTLF) is a Canadian junior resource company...

The global lithium market is set to remain oversupplied, keeping the prices depressed, but this challenging situation for commodity producers could help battery makers ease the transition to electric vehicles(EVs). Lithium prices have plummeted after soaring to $80,000 per ton in 2022, now trading...

President-elect Donald Trump will soon return to the White House and begin his second term. In contrast to 2016, when he was a "political question mark," the international community is now bracing for his protectionist trade policy stances. Although tariffs present a risk for multinational...

Rio Tinto's (NYSE:RIO) CEO Jakob Stausholm has dismissed activist shareholder calls to abandon the company's primary London listing. Palliser Capital, a global multi-strategy fund that holds around $250 million in Rio Tinto shares, argued that the dual listing has destroyed $50 billion in value and...

On Wednesday, Rio Tinto (NYSE:RIO) has unveiled the initial resource and reserve estimates for its Salar del Rincon lithium brine project in Salta, Argentina. With this project underway, Rio Tinto is strengthening its operations in a quickly growing mining market, where it established a foothold...

Australia's Sayona Mining (OTC:SYAXF) and U.S.-based Piedmont Lithium (NASDAQ:PLL) announced a merger. The two companies intend to form North America's largest hard rock lithium producer. The all-stock deal results from a 50-50 equity split, creating a strengthened entity capable of navigating the...

On Thursday, Critical Metals Corp (NASDAQ:CRML) provided a project update for the Wolfsberg Lithium Project located in Austria.   Tony Sage, CEO and Executive Chairman of Critical Metals Corp stated the significant strides made with the Company’s rare earth asset in Greenland and...

Albemarle Corporation (NYSE:ALB), the world's leading lithium producer, reported a challenging third quarter, revealing a net loss of $1.1b amidst a continued downturn in lithium prices. Despite a market slump, fueled by a supply surplus from China and a demand-dampening slower EV adoption –...

As Election Week 2024 is upon us, Wall Street is geared up for sector-specific shakeups, with JPMorgan's Bill Peterson spotlighting a decisive split in potential stock moves. With a Democratic win likely to power up the clean energy sector and a Donald Trump victory poised to boost steel, the...