According to company’s estimates, the asset has 83 million tonnes of measured and indicated resources and 74 million tonnes of inferred resources, or 157 million tonnes of resources in total.
The move marks an effort to get around Canadian regulatory controls that industry players said was bound to happen amid inconsistent and overbearing reactions to Chinese investment.
SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development.
Codelco's announcement of buying the 10% stake that Enami holds in Quebrada Blanca might not be enough for the state-owned company to maintain its leadership as the world's leading copper producer.
The acquisition strengthens the Corporation's strategy of reinforcing its position in major mining assets through partnerships.
The National Strategic Public Company for Bolivian Lithium Deposits prioritized negotiations with at least four international companies.
Deal may help Codelco retain title of biggest copper supplier.
Lithium is currently mined from two types of lithium resources: hard rock minerals and brines. Despite brine resources constituting the majority of global lithium reserves, over 60% of lithium production comes from hard rock mining.
The union is demanding a $24.5 million bonus, along with a 2.7% salary increase and full payment for the month despite the strike days.
In the pristine wilderness of the High Coast of Sweden, where forests meet the rugged shoreline, an exciting project is underway. Vitberget, near Kramfors municipality, have been chosen as the site for a new wind park.
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
At the regional level, Moquegua remained in first place during the first half of 2024, raising an amount above US$355 million.
Oroco forecasts copper production would average 207.5 million lb. per year over the mine life at a mill feed average grade of 0.51% copper-equivalent.
Heavy rains in June overwhelmed a tailings dam at the Cabildo mine in central Chile, threatening a nearby river.
Phase 1 of Thacker Pass is expected to produce 40,000 tonnes of battery-grade lithium carbonate annually and operate for 40 years.
Antofagasta's resilient financial performance in the first half of 2024 demonstrates its ability to navigate industry challenges while continuing to deliver value to shareholders and invest in future growth.
Kobrea Exploration Corp. is a mineral exploration and development company focused on the acquisition and exploration of base metal projects in the Americas.
The Supervisors and Staff Union of Minera Escondida filed a complaint with the Antofagasta Labor Inspectorate.
From Escondida | BHP indicated that they made 4 proposals, where, according to the company, each of the points raised by the union was addressed.
American Salars is poised to significantly advance its lithium portfolio with the acquisition of the Pocitos 1 project, positioning the company for growth in the burgeoning lithium market.
The Company now controls over 480,000 hectares with the potential for uranium resources across multiple provinces.
Both countries have agreed to strengthen cooperation in the mining and supply of lithium, including deals for Japanese firms’ acquisition of long-term preferential access to the battery metal, in order to adding value to the raw material extracted in Chile.
Gallagher Security continues to strengthen its team and expand its reach in the Latin America region, demonstrating its commitment to providing top-tier security solutions and support.
Saudi Minister told Reuters in March the kingdom was interested in sourcing lithium abroad, as it aims to enter the electric vehicle sector.
Ceibo is an expert company in mining and comprehensive road management solutions for a more sustainable industry.
The Borehole Formation Tester released by Zelandez will deliver actionable lithium-aquifer data to lithium brine developers, helping to produce more lithium and reducing the cost of lithium exploration.
Elitza Terzova, Global Sector Manager for Mining at Shell Lubricants, commented on how, unlike in other countries, Chilean mining companies recognize the importance of selecting the right high-performing lubricants.
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