ASX-listed lithium junior Lake Resources has seen its share price surge by another 50% today in the run up to Tesla’s ‘Battery Day’ on Tuesday, an event which will reportedly reveal ground-breaking developments in battery technology. Last week, the company announced that its partner Hazen Research...
Lithium Americas plans to resume construction activities at its Caucharí-Olaroz lithium project in Argentina following an enforced shutdown in March due to measures against the COVID-19 pandemic. The large-scale project, a joint venture with China’s Gangfeng Lithium, was suspended again in early July after two workers...
Anglo American’s US$5.3 billion Quellaveco copper project has been labelled a ‘generational asset’ and ‘a licence to print money’ by the CEO of its Peruvian operations Tom McCulley. Quellaveco is one of the world’s largest undeveloped copper deposits, located in the Moquegua region of Peru. The...
BHP has boosted its nickel reserves by 77% to 1.5 million tonnes this year as the mining giant prepares for increased demand for nickel from the fast-growing electric vehicle (EV) sector. In the last year, BHP has secured a 13,000 km exploration area in Western Australia,...
Chilean miner Antofagasta has confirmed that full funding for the planned expansion of its flagship Los Pelambres copper mine has been secured, after ‘a strong group of lenders’ committed US$1.3 billion to the project. The expansion will add an extra 40,000 tonnes per annum of production...
Chile Constitutional Court has rejected a lawsuit to block Chinese miner Tianqi Lithium’s acquisition of a US$4.1 billion stake in SQM, after the two global lithium heavyweights clashed over the deal. A suspension of the sale was lifted after a majority ruling found that the lawsuit...
Global oil demand will peak in 2023 as electric vehicles (EVs) become competitive with combustion engine cars, according to a new report by energy and maritime services company DNV GL. In its 2018 Energy Transition Outlook, DNV forecast that EVs will account for half of all...
BHP has revealed that it is ploughing more investment into the development of nickel and cobalt mine development and production, as the miner looks to capitalise on the looming electric vehicle (EV) boom. The world’s largest mining company is building what is expected to be the...
Peak oil demand will arrive in 2036 according to energy consultant Wood Mackenzie, with electric vehicles and autonomous vehicles set to rapidly alter the world’s transportation sector. Speaking to the Financial Times, Wood Mackenzie’s head of crude oil research Ed Rawle said: “Autonomous electric vehicles or...
BP has acquired the UK’s biggest electric vehicle (EV) charging network in a $130 million deal that catapults the oil major into the centre of the nation’s growing low-carbon vehicle market. Chargemaster currently has more than 6,500 charging points across the UK, with that figure set...