Daily Newsletter

18 August 2023

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Daily Newsletter

18 August 2023

Share with colleague
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Spotlight

Liontown awards $644m mining services contract to Byrnecut

Byrnecut will be responsible for providing a full suite of mining services for the Kathleen Valley operations.

Latest news

Canyon signs strategic investment agreement with Eagle Eye Asset

The proceeds will be used by Canyon to advance the development of the Minim Martap bauxite project in Cameroon.

18 August 2023

Ford and partners to build $887m EV battery materials plant in Canada

The plant will be located in Becancour, Quebec, and will provide electric vehicle (EV) battery materials to the company’s future fleets of EVs.

18 August 2023

Stellantis agrees geothermal lithium supply deal with CTR

The lithium will be produced from a subterranean reservoir at CTR’s Hell’s Kitchen project in California.

18 August 2023

Premier American Uranium spin-out receives court clearance

The court approval follows that of Consolidated shareholders, with 99% of shareholders voting in favour of the spin-out.

18 August 2023

AQC announces $50m of funding for its Dartbrook thermal coal mine

The money will be used for capital funding for the project.

18 August 2023

Evolution enters graphite offtake deal with China’s BTR

Under the agreement, BTR will own a 9.9% stake in Evolution and in return receive 100% of the graphite supply from its Tanzanian mine.

18 August 2023

Thor Energy secures drilling approvals for uranium projects in US

The company will undertake a 4,000m drilling programme at the Wedding Bell and Radium Mountain Projects.

18 August 2023

Infrastructural development projected to drive growth in the Industrial Minerals market

Industrial minerals consumption patterns are primarily dependent on the movement of the global construction sector. Despite sluggish growth estimated in the global construction sector in 2023, the momentum is expected to pick up in 2024 with an annual average growth rate of 3.9% from 2024 to 2027. In addition, the changing geopolitical dynamics especially related to oil and gas trade around the globe are likely to further hamper confidence levels over the short-term period. Per GlobalData, the industrial minerals market volumetric demand is projected to reach 2,377.7 million tonnes in 2023, registering a CAGR of 2.8% (2023 - 2030).