energynews

CATL Suspends Lithium Mine in China : Prices Surge 8%

The suspension of Jianxiawo mine after its mining permit expired removes 65,000 tonnes of annual production from the saturated global market.

Vision Lithium reveals new corridor rich in lithium, cesium and tantalum in Quebec

Vision Lithium identifies several high-grade lithium, cesium and tantalum dykes on its Sirmac property, confirming the presence of a mineralised trend over more than five kilometres near Chibougamau.

Chevron invests in American lithium to strengthen energy security

Chevron acquires 125,000 acres in a lithium-rich formation in the United States, aiming at local production via advanced technology to strengthen the national supply of critical minerals.
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Vortex Metals identifies copper, gold and six IOCG targets in Chile

Vortex Metals has confirmed copper, silver and gold grades at the Illapel project in Chile, while identifying six new conductive targets with high IOCG mineralisation potential.

Comet Lithium launches targeted campaign on copper, nickel and lithium in Québec

Comet Lithium begins a 17-day exploration programme on June 13 at its Triple L and Elmer East sites, focusing on geophysical and satellite-detected anomalies.

Brazil activates 27 rare earth projects to secure its supply chain

With 27 ongoing projects across seven states, Brazil seeks international funding to develop its rare earth reserves and reduce reliance on China.
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EU Approves 13 Key Critical Materials Projects, Including One in Greenland

The European Union selects 13 critical materials extraction projects, including a site in Greenland, to secure strategic supplies essential for technological and energy industries, amidst global geopolitical risks.

Global mining concentration threatens access to strategic metals

The International Energy Agency warns of growing vulnerability in strategic metal supply chains, dominated by a limited number of producing and refining countries.

Europe commits €800bn to defence, destabilising strategic metals supply balance

The European rearmament plan intensifies pressure on critical metals supply chains, dominated by China, and in direct competition with other key industrial sectors.
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Rosneft takes control of strategic rare earth deposit Tomtor in Siberia

State-owned oil group Rosneft has taken over the exploitation licence for the Tomtor rare metals deposit, marking the entry of hydrocarbons into a mining sector largely abandoned by private investors.

Saudi Arabia offers titanium and aluminium to France to strengthen its industry

During a visit to France, the Saudi Minister of Industry presented the kingdom's titanium and aluminium as levers to reach agreements with French manufacturers and support the country’s industrial diversification.

Arkansas lithium project receives priority designation from Trump administration

Smackover Lithium’s South West Arkansas project becomes one of only three lithium initiatives designated as priority projects in the US under the presidential executive order on mineral autonomy.
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European Union delays climate commitments amid political tensions

The European Union postpones the launch of negotiations on its 2040 climate target amid internal deadlocks and mounting geopolitical pressure.

Nigeria accelerates lithium extraction amid global demand

In Nasarawa State, Nigeria, lithium extraction is intensifying due to the rising demand for this strategic mineral. Between artisanal operations and foreign investments, the sector is developing despite regulatory challenges and local tensions.

India Invests 1.8 Billion Euros to Secure Its Supply of Strategic Minerals

The Indian government has announced an investment of 1.8 billion euros to reduce its dependence on China for strategic minerals essential for the renewable energy and defense industries.
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Ecoplanta: Repsol’s Project Reaches Key Milestone for Methanol Production from Waste

Repsol has approved the final investment decision for the Ecoplanta project in Spain. This innovative project, utilizing Enerkem's technology, aims to convert non-recyclable municipal waste into methanol, marking a step towards industrial decarbonization.

Petrobras and Vale Commit to Industrial Decarbonization in Brazil

A major agreement between Petrobras and Vale marks a significant advancement in the decarbonization efforts of Brazil's energy and mining sectors, with the supply of renewable content diesel intended for heavy vehicle fleets.

France Publishes Offshore Wind Deployment Map by 2035 and 2050

The French government unveils its strategy to increase offshore wind capacity, targeting 18 GW by 2035 and 45 GW by 2050, through an ambitious call for tenders covering all maritime fronts.
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Economics of Shale Projects: Rising Costs of Oil Production

The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.

Avjet Holding fined 200,000 dollars for oil spill in Quebec

Avjet Holding Inc. was fined 200,000 dollars by the Quebec Court for violating the Canadian Environmental Protection Act following a spill of 4,900 liters of petroleum product in January 2023.