The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.

① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.

cls.cnApr 3 17:32

Lithium prices continue to fall! The world's largest lithium miner suspends construction of lithium mining project in Australia.

①The world's largest lithium producer, Albemarle, can no longer withstand the pressure of the decline and has proactively suspended its expansion plan in Australia. ②Currently, the spot price of Chinese lithium carbonate has fallen by about 80% from its peak in 2022 and has reached its lowest level since July 2021.

cls.cnAug 1, 2024 10:46

Australia's two major mining giants cooperate to test electric mining trucks to pave the way for the 2050 net zero target

① Rio Tinto, a major Australian mining company, announced cooperation with BHP Billiton Group to test large-scale electric transport truck technology in the Pilbara region of Western Australia; ② This test will evaluate the performance and productivity of electric trucks in the Pilbara mining environment; ③ The move aims to achieve the goal of the two companies to achieve net zero greenhouse gas emissions from operations by 2050.

cls.cnMay 27, 2024 18:02

Chile Needs Permitting Reforms to Boost Mining Investment, BHP and Rio Execs Say

Seeking AlphaApr 17, 2024 04:42

The nickel market continues to be sluggish, and Australian miners buy nickel plants to process lithium

On Monday (March 18) local time, Australian mining company Mineral Resources announced that it has acquired a nickel beneficiation plant in Western Australia and will use the plant to process lithium ore into concentrate in the future.

cls.cnMar 18, 2024 18:04

Major international banks are stepping down production capacity expectations, and the risk of bears in lithium ore stocks is beginning to show

① In the past two years, most lithium-related targets have experienced a sharp decline. Currently, the market is still waiting for the time when supply and demand reach balance; ② Many lithium mining giants have also been targeted by bears as a result, but since February of this year, many companies' stock prices have clearly rebounded at a low level;

cls.cnMar 14, 2024 19:41