28 July 2025
28 July 2025
The ban's implementation followed a significant drop in cobalt prices due to increased production, particularly from two mines operated by China's CMOC Group.
The incident occurred on 22 July at the non-producing project within the Red Chris mine.
The transaction includes an exclusivity fee and potential share issuance upon completion.
The joint BNDES/FINEP initiative will channel 5bn reais ($903m) into Brazil's “most promising” strategic mineral projects.
The agreement, set to commence next month, marks MLG Oz's first collaboration with New Murchison and will last for an initial period of 30 months.
Japanese smelters are struggling with mid-year talks over TC/RCs, seeking better terms than Chinese counterparts.
With graphite demand set to soar, the pressure is on to clean up its production. We speak to Australian start-up RapidGraphite about the potential to turn biomass feedstock into high-purity material.
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