Sumitomo Metal bets on Canadian battery materials firm Nano One

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PLUS: KoBold to build copper mine in 10 years | Antamina to start extension works 2024 | Iron ore at 2-week low

September 25th, 2023 MINING NEWS DIGEST   Sumitomo Metal bets on Canadian battery materials firm Nano One Through a C$16.9 million ($12.5m) investment, the Japanese giant will own 5% of Nano One, which has piqued the interest of global majors.   Gates, Bezos-backed KoBold Metals to build copper mine in Zambia within 10 years The California-based firm is spending about $150 million to speed up additional exploration at its Mingomba project.   Antamina expects to start lifespan extension works next year The project aims to extend the exploitation of the mine for eight more years.   Iron ore price at 2-week low on possible steel output curbs "It becomes increasingly clear that demand has hit the ceiling amid weaker-than-expected steel sales for September and October," one analyst says.   JV Article: Navigating mining travel terrain made simpler with Corporate Traveller Miners in all facets of the industry need to travel – whether it be to a meeting in an urban hub or […]   Graphic: Prices tumble for cobalt used for electric vehicle batteries Prices have plummeted due to an upsurge of supplies from Congo.   Sprott announces closing of largest resource fund to date With the close of Fund III, total assets under management of Sprott Resource Lending Corp. stands at $1.5 billion.   Gold price subdued by Fed's higher-for-longer interest rate stance One analyst forecasts gold prices to trade between $1,910 and $1,950 for the rest of this quarter.   India to auction Jammu and Kashmir lithium reserves in a few weeks India in February found its first lithium deposits in Jammu and Kashmir with estimated reserves of 5.9 million tonnes.   Bonterra shares surge following agreement with Osisko for development of Quebec properties Osisko will make a $30 million investment over a three-year period.   Gold nanoclusters may play important role in hydrogen production Atomically precise gold nanoclusters may be the key to efficient hydrogen production.   Polymetal CEO: new tax proposals to hit price of Russian assets sale The micompleted re-domiciling to Kazakhstan from Jersey last month   Indian Potash sees no Canada supply hit, hopes to extend deal Company does not expect supplies of Canadian potash to be affected by the diplomatic row between the two countries.   Yet more coal mining deaths test Beijing's ability to balance safety with energy security China recorded its second-worst coal mine accident this year, after a fire at a conveyor belt killed 16.     You are receiving this email because this email was subscribed to the MINING.com News Digest List. You may manage your subscription, or unsubscribe at any time. This email was sent to you by MINING.COM Copyright © 2023 . All rights reserved.