Hot News in this Week
Sep 5, 2025
In an exclusive report, the global uranium market is dominated by Australia and Canada, controlling a whopping 44% of the world's resources, giving the West a significant advantage in fueling nuclear power for decades to come.
Source: www.mining.com
Smackover Lithium, a joint venture between Standard Lithium and Equinor, has announced the results of a definitive feasibility study (DFS) for its South West Arkansas project, which projects an initial production capacity of 22,500 tonnes per annum of battery-quality lithium carbonate. The DFS estimates a pre-tax net present value of $1.7 billion and an internal rate of return of 20.2%, assuming a discount rate of 8% and a lithium carbonate price of $22,400/t. The project is expected to have a 20-year operating life with ample opportunity for expansion, and the company is targeting first production in 2028.
Source: www.mining.com
Global iron ore prices surged following a fatal incident at Rio Tinto's SimFer mine site in Guinea, prompting the company to suspend operations. The incident pushed prices to their highest level in over a week, with concerns about supply disruptions and broader market factors influencing demand.
Source: www.miningfeeds.com
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