11 July 2023
11 July 2023
European leaders have expressed growing frustration over Biden’s Inflation Reduction Act, fearing European companies will shift their investments to the US.
Chinese overseas investment in transition minerals projects was linked to 102 allegations of human rights and environmental abuses between 2021 and 2022, according to the Business & Human Rights Resource Centre.
Global governments continue to disagree over extracting minerals from the sea floor.
The project comprises three large exploration licences, specifically E70/6042, E70/6043 and E70/6044.
Optimum shareholders will receive 0.65 of a Blackwolf common share for each share held in the company.
Phase 1 production at the new rare earth magnet facility will support nearly 1.5 million electric cars.
Once completed, the planned facility will make Avalon a vertically integrated lithium producer in the country.
The upgrades include a new spodumene concentrate plant at the site as well as expanding the mine’s existing petalite plant.
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