China has increased its proven rhenium reserves by more than 200% and discovered large deposits of gold and nickel

A reassessment of 17 minerals in China revealed a significant increase in rhenium, gold, and nickel reserves. A new zircon deposit was also discovered. In China, a significant increase in explored reserves of strategic minerals was recorded following a large-scale reassessment of deposits. In particular, rhenium reserves increased by more than 200%, while gold and nickel reserves grew by amounts …

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Citi slashes lithium price forecast by 40% on lower demand

Citigroup has lowered its lithium price forecast for the next two years by as much as 40%, citing slower battery demand growth and increased trade uncertainty, among other broader economic reasons. Citi lowered its lithium carbonate and hydroxide price targets to $12,000 per tonne from $20,000 and 17,000 respectively. It also reduced its spodumene outlook from $2,000 to $1,200.  “With supply …

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