Oversupply and shifting battery chemistries are set to define the cobalt market in 2025. Prices -subdued by excess supply since 2023- are expected to remain stable, with limited volatility. The rise of lithium iron phosphate (LFP) batteries, particularly in China, continues to suppress demand for cobalt chemicals, challenging sulphate refiners. Meanwhile, Indonesia’s rapid expansion in mixed hydroxide precipitate (MHP) production ...
Rio Silver Inc. (TSXV:RYO) (‘Rio Silver’) and African Energy Metals Inc. (NEX: CUCO.H; FSE: BC2; WKN: A3DEJG) (‘African Energy Metals’) jointly announce they have entered into an option agreement for African Energy Metals (the ‘Option Agreement’) to earn an 100% undivided interest in the Niñobamba advanced gold silver project (the ‘Project’) located in the Department of Ayacucho in South Central ...
European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) (European Lithium or the Company) is pleased to announce Critical Metals Corp. (Critical Metals or CRML) has entered into a share subscription facility for up to US$125.0M from GEM Global Yield LLC SCS (GEM), a Luxembourg based private alternative investment group. Proceeds from the facility are expected to be used to ...
Explorer Amarc Resources (TSXV:AHR,OTCQB:AXREF) experienced a sharp increase in its share price following the announcement of a new discovery at its JOY copper-gold district in BC, Canada. The company closed Friday (January 17) at C$0.72, up just over 165 percent from Thursday’s (January 16) close. In a press release, Amarc states that it has named the find AuRORA, describing it ...
First Helium Inc. (‘First Helium’ or the ‘Company’) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has begun drilling its proven undeveloped (‘PUD’) 7-30 oil location at its Worsley Property in Northern Alberta 1,2 . Following drilling of the 7-30 vertical well, the contractor’s drilling rig will move directly to the 7-15 location to begin drilling in early ...
As the energy transition continues to unfold, US electric vehicle (EV) pioneer Tesla (NASDAQ:TSLA) has been making moves to secure supply of the raw materials it needs to meet its production targets. Lithium in particular has been top of mind for CEO Elon Musk. Back in 2020, the battery metal had a spotlight moment at Tesla’s Battery Day, when Musk ...
There’s been a great deal of speculation surrounding a potential Starlink initial public offering (IPO), and the idea of an impending Starlink stock release date has investors excited. Elon Musk’s satellite internet business been referred to by many as the future of global connectivity, offering low latency and high speed in even the most remote locations. The company controls roughly ...
Ioneer (ASX:INR,NASDAQ:IONR) has received a US$996 million loan from the US Department of Energy’s (DOE) Loan Programs Office (LPO) to develop an on-site processing facility at its Rhyolite Ridge lithium-boron project. Filed under the DOE’s Advanced Technology Vehicles Manufacturing program, the investment is part of the LPO’s work to build a critical minerals supply chain in the US, while creating ...
Canadian oil and gas stocks have faced a rollercoaster ride over the past few years. However, analysts remain optimistic about the sector, and there are signs that oil and gas companies in Canada may be in a multi-year bull market. The top oil and gas stocks on the TSX and TSXV have been posting gains despite volatile market conditions, and ...
Since reaching an all-time high of US$3,002 per ounce in February 2022 palladium has been in a continuous downward trend. More than 80 percent of the platinum group element’s (PGE) demand comes from the auto sector. There, it is used in the production of catalytic converters, but high prices saw parts makers reduce the amount of palladium in their products ...