US lends $700 million to Ioneer for Nevada lithium mine

US lends 0 million to Ioneer for Nevada lithium mine

WASHINGTON, Jan 13 (Reuters) – The U.S. Department of Energy said on Friday it would lend ioneer Ltd (INR.AX) up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan. develop a domestic supply chain of electric vehicles. Shares of Ioneer rose 16.3% … Read more

Tesla extends price cuts in US and Europe to boost demand

Tesla extends price cuts in US and Europe to boost demand

Tesla cuts prices in the US and Europe by up to 20% Steady cost inflation behind German cuts – spokesperson Stocks fall in pre-market US trading The move follows price cuts in Asia last week. Some models now benefit from US credits, French subsidy Jan 13 (Reuters) – Tesla (TSLA.O) has cut prices for its … Read more

The Swedish LKAB discovers the largest deposit of rare earth metals in Europe

The Swedish LKAB discovers the largest deposit of rare earth metals in Europe

LKAB identifies more than 1 million tons of resources The company will apply for a concession to develop the site Exploitation of the deposit still visible in 10 to 15 years Could eventually reduce EU dependence on imports KIRUNA, Sweden/STOCKHOLM, Jan 12 (Reuters) – Sweden’s state-owned mining company LKAB said on Thursday it had identified … Read more