The Elements of Innovation Discovered
The Elements of Innovation Discovered
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BASF withdraws investment plans for Chile amid global slowdown of EV sales. A worldwide slowdown in electric vehicle sales has left lithium prices languishing at pre-2020 levels, quashing investments in bringing new supplies of the battery metal to market. The oversupply of lithium, in particular, is stifling new investment in the Lithium Triangle, a region of the Andes spanning parts of Argentina, Bolivia, and Chile. The triangle's lithium is concentrated in arid salt pans...
Megamerger would reshape global energy metals sector. The proposed merger between BHP Group Ltd. and Anglo American plc would create a $200 billion mining behemoth that would control 10% of the global production of copper, a metal that has experienced a 23% price spike since early February on supply concerns. "As part of its strategy to expand its copper assets, BHP intends to acquire Anglo American realizing the significant growth potential for copper in the future, as...
Proposed merger with GXII would provide Nasdaq listing, access to cash for Elk Creek. To fund the development of a mine at its Elk Creek project in Nebraska that produces niobium, rare earths, and other metals critical to American industry, NioCorp Developments Ltd. is merging with GX Acquisition Corp. II, a blank check corporation with nearly US$300 million in the bank and a Nasdaq stock exchange listing that will make access to additional capital possible. In fact, NioCorp...
