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Zijin's Lithium Foray Adds to China's Push for Battery Materials

(Bloomberg) -- Zijin Mining Group Co. is making its first foray into lithium -- a key raw material for batteries -- with a C$960 million ($770 million) purchase of Neo Lithium Corp. The major Chinese gold and copper producer agreed to buy all outstanding shares of Neo Lithium for C$6.
Hong Kong Bloomberg Zijin Mining Group Co Amperex Technology Co Neo Lithium Corp Ganfeng Lithium Co Citigroup Inc

Chinese lithium giants seek overseas projects, but face uncertainties

Chinese upstream lithium firms have been expanding their overseas footprint this year, especially in the Lithium Triangle – the lithium-rich region in South America – to meet surging demand for the key resource for making electric vehicle (EV) batteries.
United States Chen Jinghe Zijin Mining Group Us Geological American Studies At Fudan University Canada Neo Lithium Corp

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Polish coal deal depends on European Union green light

The document ensures public funds to finance severance and bridge instruments for laid-off miners as well as energy transformation aid for the southern Silesia region. In 2020, the share of coal in Poland’s energy mix fell to 65 per cent, down from an average of over 80 per cent across the last decade. The deal still needs the European Commission’s approval, however, as it involves state aid. The Commission is currently examining the climate impact of state aid in order to align competition...
Czech Republic Poland General Bruxelles Capitale Vivian Loonela Wojciech Kuku Just Transition Fund

Elon Musk Meets With Top Bitcoin Miners About Energy Use

Elon Musk Meets With Top Bitcoin Miners About Energy Use In a meeting hosted by Michael Saylor, Elon Musk and executives from major North American mining companies discussed transparency in mining energy use. Author: May 24, 2021 In a meeting hosted by Michael Saylor, Elon Musk and executives from major North American mining companies discussed transparency in mining energy use. In a meeting hosted by MicroStrategy CEO, Michael Saylor, Elon Musk has called upon large Bitcoin miners to be transp...
Argo Blockchain Elon Musk Shiba Inu Michael Saylor Bitcoin Mining Council Galaxy Digital Holdings

Illegal Mining in Colombia Hurts Chinese Gold Miner

Illegal Mining in Colombia Hurts Chinese Gold Miner May 22, 2021 A policeman stands next to a well where minerals taken from illegal gold mines are washed in Buritica, Colombia, on April 20, 2021. (REUTERS/Luisa Gonzalez) Share share The URL has been copied to your clipboard 0:00 0:05:17 0:00 Pop-out player A large Chinese mining company says illegal operations at its gold mine in Colombia are seriously harming its production. Zijin Mining Group paid $1 billion for the Buritica gold mine in 201...
United States Mario Ritter Jr James Wang Luisa Gonzalez Bryan Lynn Zijin Mining Group

Denison Announces Appointment of Ron Hochstein as Board Chair and Welcomes New Directors

Denison Announces Appointment of Ron Hochstein as Board Chair and Welcomes New Directors News provided by Share this article TORONTO, May 11, 2021 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce the appointment of Mr. Ron F. Hochstein as Chair of the Board of Directors ("Board Chair").  Mr. Hochstein was elected Board Chair, and Mr. Brian Edgar was elected Lead Director, at a meeting of the Companys independent directors...
United States United Kingdom British Columbia Waterbury Lake Wheeler River Ron Hochstein

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