For many years, it was the flagship mine of Hudbay’s Manitoba operations.

Renewed covid restrictions dampening overall domestic demand.

Electra has been focused on creating North America’s first integrated battery materials park near the town of Cobalt, Ontario.

Mining stocks also slid, with BHP Group down almost 10% from the previous week, Glencore down 8%, and Freeport-McMoRan down 16%.

Given the transition of operations activities to an interim development focused plan, the company says additional financing will be required.

News of the strike comes amid an historic $583 million reinvestment plan for Codelco announced by the government.

The inspiration behind this work is what the group sees as a major barrier to advancing technology: the short supply of rhodium and palladium, globally, and their high prices.

Lithium Power is merging with its JV partners on the Maricunga project in Chile to become the asset’s sole owner.

Its Rio’s first greenfield mine in the Pilbara in more than a decade and a multi-billion-dollar investment.

The new MOA between FPX and the Binche Society formalizes protocols for continuing the co-operative working relationship established regarding exploration and development activities.

Workers at Chile’s state-owned Codelco will start a nationwide strike on Wednesday to protest the government’s and the company’s decision to close a troubled smelter.

Australia’s Core Lithium is expected to supply Tesla with up to 110,000 tonnes of spodumene concentrate over four years.