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Lithium projects in Argentina suspended

23 March 2020 - 19:36
Australian companies involved in Argentina's lithium brine industry have suspended on-site work at projects until the end of March to comply with government's coronavirus containment measures.

Fortum, BAF and Nornicket plan a recycling centre to recover metals from electric car batteries

17 March 2020 - 20:41
Fortum, BAF, and Nornicket have signed a letter of intent to plan a recycling centre in Harjavalta, Finland to recover metals from electric car batteries. This would enable a successful “closed-loop” cycle to re-use the critical metals present in used batteries.

Cash crunch threatens to stall EU spot metals trade

17 March 2020 - 19:48
A growing number of sellers are reluctant to offer material in the European spot market, fearing buyers could struggle with financial liquidity and breach payment terms.

China: South African Chrome Prices Down Due to falling South African Currency

17 March 2020 - 19:32
Recently the continuous decline in both overseas and domestic offers of RSA concentrates has led 40-42% concentrate down to USD 122-125/CIF. However, the price expectation between sellers and buyers are existent whereas the former is set to accept USD 120 while the latter is looking at USD 115.

India: Silico Manganese Prices Stable Despite Dull Demand

12 March 2020 - 19:47
Indian Silico Manganese prices remained unchanged owing to the dull steel market conditions. The selling pressure is quite intense in the domestic market. Meanwhile, prices in the export market also softened amidst currency fluctuations and the spread of deadly Coronavirus.

Australia's Galaxy begins Li resource preservation mode

11 March 2020 - 22:35
Australian lithium producer Galaxy Resources is prioritising "resource life preservation" at its Mt Cattlin mine in Western Australia, in response to continued weak market conditions in the global lithium market.

Port Hedland exports no lithium in February

11 March 2020 - 22:13
Port Hedland in West Australia (WA) did not export lithium concentrate in February, given the continued downturn in the lithium market. This compared to 24,500 dry metric tonnes (dmt) in January and 27,608 dmt in December.

Security of metals supply fundamental: UK minister

11 March 2020 - 22:03
Industry must have confidence that it can access the necessary raw materials to move towards sustainable low-carbon markets, UK business and trade minister Nadhim Zahawi said at the launch of the UK All Party Parliamentary Group on Critical Minerals in London yesterday.

UK extends grants for EVs in 2020 budget

11 March 2020 - 21:46
The UK government has unveiled an extension of its grant scheme for plug-in vehicles in its budget announcement today.

Altech looks forward to US$ 90 million mezzanine debt from Macquarie for its Malaysia HPA Project

6 March 2020 - 19:34
Altech Chemicals announced this week announced the probability of getting mezzanine debt worth US$ 90 million from Macquarie Group for its Malaysian High Purity Alumina Plant project. Altech said the positive response from Macquarie came on the back of the recent increased profile of planned lithium-ion battery plants being constructed in Europe.
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