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Liontown Resources rejects US$3.7B acquisition proposal from Albemarle

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Liontown Resources, an emerging battery minerals producer based in Australia, has rejected an unsolicited, conditional and non-binding indicative proposal from Albemarle Corporation, in which Albemarle would acquire all of the shares in Liontown at a price of A$2.50 per share—valuing the company at approximately US$3.7

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Syrah Resources completes BFS for expansion of US anode material production

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Australia-based Syrah Resources has completed a bankable feasibility study (BFS) for expansion of its natural graphite AAM facility in Vidalia, Louisiana, as it continues to execute its strategy of becoming the first vertically integrated producer of natural graphite AAM (advanced anode material) outside of China.

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Electra updates mineral resource estimate at its Iron Creek cobalt-copper project in Idaho

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2023 resource showing the indicated and inferred resource domains as well as blocks with NSR values that are not included in the resource due to insufficient drilling to establish connectivity and DSO outlines. Highlights of the MRE: Indicated resource of 4.4 Inferred resource of 1.2 million pounds of copper.

Idaho 195
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Vitesco presents externally excited synchronous electric motor for future EV drive systems

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At the EVS Symposium in Oslo, Vitesco Technologies is presenting an externally excited synchronous electric machine (EESM) which does not require the use of rare earth metals and which is specifically designed for high ranges, faster driving on highways, and thus for future long-distance electric vehicles.

Motor 370
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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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However, the spike in vanadium prices (ferrovanadium prices increased by about 200% in 2018) caused Chinese mills to substitute niobium to vanadium and Chinese niobium imports increased 30% year-on-year both in 2018 and 2019. CBMM dominates the market with a 78% market share and is seen as the price-setter. Griffith, K.J.,

Li-ion 378
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Tsinghua researchers conclude surging lithium price will not impede EV boom

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Although the current 10-fold price spike of lithium is giving the electric vehicle market a sharp short-term shock, a study by a team from Tsinghua University indicates that it will not hinder transportation electrification in the long run. That made the cathode price increase by 140% for LiNi 0.8 —Sun et al.

Price 199
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EIA: Proved reserves of US natural gas increased 32% during 2021

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US proved reserves had previously decreased 4% in 2020 as a response to prices that fell with decreased consumption during the first year of the COVID-19 pandemic. Prices heavily affect estimates of proved reserves. The wholesale spot price for natural gas at the US benchmark Henry Hub in Louisiana averaged $3.89

Gas 457