Kazakhstan: ERG to mine ore in Brazil

Kazakhstan mining company Eurasian Resources Group intends to implement a Bamin iron ore project in Brazil and is negotiating with several probable partners. The cost of the project is $2.6 billion, of which some $1 billion accounts for the construction of a railroad and a deep-sea port. The project was initiated in 2005, but was…

GLOBAL LITHIUM WRAP: Chinese battery-grade lithium hydroxide prices soften on ample supply, weak demand ahead of holiday

Spot prices for battery-grade lithium hydroxide in China were down this week due to ample availability of the material and a lack of significant demand ahead of national holidays in the country to mark the Mid-Autumn Festival (September 13-15). Battery-grade lithium hydroxide prices across other global regions were similarly down, with participants citing wide availability…