Monthly Archives: March 2017

#Argentina Eyeing #Lithium Superpower Status Amid #Battery Boom

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#Argentina has some good news for #Elon #Musk’s #Tesla Inc., and bad news for #Lithium producers elsewhere: the country may be about to flood the market with lithium.

After President Mauricio Macri removed currency and capital controls and taxes introduced by his predecessors, about 40 foreign companies began to consider opportunities in #Argentina’s mining industry, more than half of those in lithium, according to Mining Secretary Daniel Meilan.

Read more at: https://www.bloomberg.com/news/articles/2017-03-06/argentina-s-lithium-superpower-ambition-is-good-news-for-tesla

#Glencore Is on to a Winner With This Obscure Metal – #Cobalt

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#Cobalt is having a moment in the spotlight. Historically a minor by-product of #Copper and #Nickel mining, the metal is a key ingredient for #Lithium-ion batteries and now a growing money maker for #Glencore Plc.

Read more at: https://www.bloomberg.com/news/articles/2017-03-08/cobalt-steps-out-of-the-shadows-as-glencore-s-new-star-player

#Philippines may consider ban on exports of unprocessed #Minerals – official

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“It’s one of the things we’re considering for any mine that we think should remain operating,” Environment and Natural Resources Undersecretary Maria Paz Luna told reporters.

Read more: http://www.nasdaq.com/article/philippines-may-consider-ban-on-exports-of-unprocessed-minerals–official-20170303-00005#ixzz4aIIWZ2Qt

#Codelco’s #Lithium assets lure big sector companies: CEO

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International and domestic companies have expressed interest in partnering with #Codelco, the world’s biggest #Copper producer, to develop its #Lithium assets, the #Chilean state-owned company’s chief executive said.

Read more at: http://www.reuters.com/article/us-mining-bmo-codelco-intl-idUSKBN168330

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